Science and technology are fully exploited by China to help its poverty alleviation efforts, which has increased income for huge batches of farmers. Since 2012, China’s science and technology … ( read original story …)
Monthly Archives For February 2021
Graviton Enters into Global Licensing Agreement for ROCK2 Inhibitor from Beijing Tide
Graviton Bioscience Corporation (“Graviton”), a privately held early-stage drug development company founded by Dr. Samuel Waksal, and Beijing Tide Pharmaceutical Co., Ltd. (Beijing Tide) a subsidiary … ( read original story …)
Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements
The People’s Bank of China is joining the Multiple Central Bank Digital Currency Bridge, a project exploring cross-border payments using distributed ledger technology, the latest step in Beijing’s … ( read original story …)
Bank of East Asia full-year profit rose 11 per cent as mainland China losses narrowed
The 102-year-old lender announced last February that it was reorganising its mainland operations after posting its worst annual results in a decade in 2019, driven by higher impairment charges. The … ( read original story…
China’s fight against Covid-19 cut deaths from other illnesses – study
A study conducted by Oxford University and China’s Center for Disease Control and Prevention has found that non-Covid related deaths in China fell during the start of 2020, helped by measures to … ( read…
Coronavirus recovery: China still on course for monetary policy tapering despite new Covid-19 outbreaks
An uptick in Covid-19 cases in January and subsequent restrictions did not derail industrial activity or consumption over the Lunar New Year. With China’s recovery still strong, expect its central … ( read original story…
China detains six people for ‘insulting’ soldiers killed in India border clash
China has detained at least six people for allegedly defaming four servicemen killed in a bloody border clash with India last June, as state media wages a propaganda campaign hailing the dead troops … (…
China focuses on Africa energy as Belt and Road lending dries up
Chinese overseas energy finance collapsed to its lowest level since 2008 last year, with its struggling Belt and Road ambitions in the sector relying more heavily on projects in African countries. ( read original story…
Woman awarded $7,700 for five years of housework in China divorce ruling
Case is believed to be the first to set a monetary value on housework since the implementation of a new civil code … ( read original story …)
Moutai’s $80 Billion Rout Sends Signal for China’s Stock Market
Kweichow Moutai Co. investors are selling their shares at the fastest pace in more than two years, a warning for a market that owes much of its rally to a handful of large caps.The biggest…
China’s economy dented as American brands cancel Xinjiang’s cotton imports
The United States began isolated sanctions last year on Xinjiang textile makers, including Huafu, which didn’t respond to a request for comment. ( read original story …)
China’s largest crude trader seeks $1.7bn Shanghai IPO
China’s top crude oil importer Sinochem Energy is ready to launch an initial public offering (IPO) on China’s Shanghai Stock Exchange, as it seeks to beef up its refining capacity. The company is … (…
Reckitt Benckiser Reviews Infant Nutrition Business in China
Reckitt Benckiser Group Plc began a strategic review of its infant nutrition business in China, which has been holding back growth even as the Lysol maker benefits from surging demand from hygiene … ( read…
