China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned a careful course out of…
Monthly Archives For March 2021
China to Strengthen Risk Assessments for Financial Innovation Products: 2021-2025 Plan
China plans to strengthen the risk assessment procedures for financial innovation products, including by suspending the operation of some products, the government said on Friday in its development … ( read original story …)
China’s defence budget to increase by 6.8% in 2021
Beijing plans to spend $210 billion on defence, which is still less than a third of Washington’s military budget … ( read original story …)
China Unveils Roadmap to Ensure Food for 1.4 Billion People
China rolled out a roadmap to boost crop production in the world’s most populous nation, highlighting concerns over food security after the country imported record amounts of meat, corn and soybeans … ( read original…
Virtual Idols in China, Fab or Fad?
Even as the market is reaching influencer exhaustion, some believe China’s virtual influencer has incredible growth and adoption potential. ( read original story …)
China unveils Hong Kong electoral reform as Beijing tightens grip
China’s top lawmaking body has unveiled plans to ensure only “patriots” can govern Hong Kong as Beijing tightens its grip on the city with electoral reforms including a vetting process for all … ( read…
China’s plans to ‘improve’ democracy in Hong Kong could spell the end of the city’s opposition
As members of China’s political elite prepared for an annual summit in Beijing this week, state-run news agency Xinhua noted “there is no perfect democracy, only democracy that fits best.” … ( read original story…
China’s exports expected to have risen over 50% in Jan-Feb – state planner chief
China’s exports are expected to have risen more than 50% in the first two months of this year, the head of its state planner He Lifeng said on Friday. ( read original story …)
Bubble tea IPO can avoid bitter aftertaste
Nayuki is planning to list in Hong Kong. Demand for its brews is growing quickly, though Covid-19 was a drag. It could be worth $2.4 bln based on where peers trade. Investors may be wary…
China sets GDP target of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. ( read original story…
Scientists begin to question WHO-China inquiry into coronavirus pandemic’s origins
A small group of scientists and others who believe the novel coronavirus that spawned the pandemic could have originated from a lab leak or accident is calling for an inquiry independent of the World ……
Former UN Secretary-General Ban Ki-moon asked to act on complaint against Beijing Games
The World Uyghur Congress says an initial ethics complaint filed with the IOC to move the 2022 Winter Olympics from Beijing was largely ignored and may not have reached Ban. ( read original story …)
China spending on research and development to rise 7% per year in push for major tech breakthroughs
China is going to focus on developing a number of technology areas including semiconductors, health care, quantum computing and cloud computing. ( read original story …)
