A Beijing divorce court has ordered a man to compensate his wife for the housework she did during their marriage, in a landmark ruling. . The case has generated a huge debate online over the…
Monthly Archives For February 2021
China Life Insurance conducts probe after complains over an alleged financial fraud went viral online
China Life Insurance Company’s logo stands atop a building in Beijing. Photo: CFP. The state-owned China Life Insurance is investigating alleged financial fraud concerning its bra … ( read original story …)
US senators asked to draft legislative package to ‘outcompete’ China, invest in alliances like India
US Senate Majority Leader Chuck Schumer has asked his Democratic colleagues to draft a legislative package to “outcompete” China, create new American jobs and invest in strategic partners and … ( read original story …)
CanSinoBIO files application in China for COVID-19 vaccine approval
CanSinoBIO said the interim analysis of data from its multi-country trial showed that its candidate, known as Ad5-nCoV, has an efficacy rate of 65.28% at preventing all symptomatic cases and 90.07% at … ( read…
Agricultural Bank of China prints dual-currency deal
Agricultural Bank of China, rated A1/A/A, has printed a nearly US$1bn-equivalent dual-currency, three-tranche Reg S notes offering denominated in US dollars and Hong Kong dollars. Through its … ( read original story …)
China’s central bank to look at using CBDCs for cross-border payments
China’s central bank will join a project looking at using central bank digital currencies (CBDCs) for cross-border payments, the Bank of International Settlements said on Tuesday. CBDCs are like … ( read original story …)
China’s Crackdown on Defaulters Starts to Embolden Creditors
Chinese bondholders are gaining more power in the corporate restructuring process, underscoring a renewed push by authorities to reform the nation’s $5.2 trillion credit market.Following a slew of … ( read original story …)
China Finance Online (NASDAQ:JRJC) Shares Gap Down to $13.88
China Finance Online Co. Limited (NASDAQ:JRJC) gapped down before the market opened on Tuesday . The stock had previously closed at $13.88, but opened at $11.85. China Finance Online shares last … ( read original…
Ex-Google CEO Eric Schmidt stresses ‘urgency’ in countering China on artificial intelligence as US-China tech war continues
The US is ‘one or two years ahead of China, not five or 10’ and ‘the Chinese are well ahead in areas like face recognition,’ said former Google CEO Eric Schmidt. ( read original story…
China’s bid to stop Wuhan COVID-19 spread cut deaths elsewhere from other causes – study
HEALTH-CORONAVIRUS/CHINA:China’s bid to stop Wuhan COVID-19 spread cut deaths elsewhere from other causes – study … ( read original story …)
Lanzhou University in China develops the world’s first global COVID-19 prediction system
China’s Lanzhou University has developed the world’ first forecast system which is able to predict a COVID-19 pandemic outbreak in more than 190 countries and regions around the world. The system was … ( read…
Bad news for Shenzhen housing speculators as officials steer home prices below market levels
Shenzhen unveils ‘reference prices’ at below market rates for more than 3,595 residential estates in the city, potentially squeezing mortgage loan valuations and chilling demand from homebuyers. ( read original story …)
China’s Mars craft enters parking orbit before landing rover
China says its Tianwen-1 spacecraft has entered a temporary parking orbit around Mars in anticipation of landing a rover on the red planet in the coming months … ( read original story …)
