World powers are competing over Covid-19 vaccines, with national interests taking precedence over the World Health Organisation’s call for multilateralism. But as Western countries turn inward, … ( read original story …)
Monthly Archives For January 2021
Chinese Work at a Huawei Store in Beijing, China
Chinese sales staff work at a Huawei smartphone showroom in Beijing on Saturday, January 30, 2021. Sales of smartphones by Chinese telecom giant Huawei plunged by up to 44% in 2020 as they were hit…
A 17-year-old daredevil could be China’s next Olympic star
When sports fans hear the name Eileen Gu over the next 12 months — and they will hear it a lot — it will not be by accident. Hard work, laser-focused planning, … ( read…
Evergrande’s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent
While many property services companies benefit from new projects of their parent developers for expansion, Evergrande’s services arm needs mergers and acquisitions to sustain growth, UBS Group AG … ( read original story …)
China gene firm providing worldwide Covid-19 tests worked with Chinese military
BGI Group has sold millions of Covid-19 test kits outside China since the coronavirus outbreak, including to Europe, Australia and the United States. ( read original story …)
Containing China is ‘mission impossible’, Beijing warns Biden
Any attempt to contain China is “mission impossible”, the country’s defence ministry warned the US on Thursday, as the Biden administration works to shore up its Asian alliances against Beijing. ( read original story …)
Exclusive: China gene firm providing worldwide COVID tests worked with Chinese military
BGI Group, the world’s largest genomics company, has worked with China’s military on research that ranges from mass testing for respiratory pathogens to brain science, a Reuters review of research, … ( read original story…
Inside China Tech: Kuaishou’s imminent IPO, US-China tech war heats up, and the downside to tech dependence
Tech war heats up A group led by former Google CEO Eric Schmidt says Washington needs to manage “asymmetric competition” with China when it comes to technology and that a certain degree of … (…
Hot money flows into China fund launches sparks asset bubble fears
China’s mutual fund industry assets surged 48 per cent to a record $3.1tn (Rmb20tn) in 2020 but huge demand for new funds is stoking fears that volatile investor inflows could spur a stock market ……
China’s Virus Vigilance Trashes Travel Plans For Millions
The travel plans of millions were thrown into disarray Thursday by cancelled trains, flights and Chinese government ‘advice’ to stay at home ahead of the Lunar New Year, a sign of China’s … ( read…
Bitcoin warning: China ‘can breach cryptocurrency’s security and destroy it’
According to the South China Morning Post, a quantum researcher argued that the … “Some investments advertising high returns from crypto assets may not be subject to regulation beyond anti-money … ( read original story…
An Expected Change in China’s Animal-Testing Policy Whips Up Excitement
The bank expects China’s domestic cosmetics spending will grow at a 12 percent compound annual growth rate between 2019 and 2025, to more than 1 trillion yuan. Big beauty players are lauding the … (…
Beijing tells US, other countries: Back off from South China Sea disputes
China on Saturday said the United States and other countries should not meddle in the South China Sea disputes, stressing that the territorial row should only be resolved between them and other … ( read…