In today’s top payments news around the world, Gopuff is acquiring on-demand delivery platform Fancy, while Snowball Finance Beijing Internet Information Technology Co. is said to be considering an …
Monthly Archives For May 2021
Adidas shrugs off China boycott call to raise outlook
By Emma Thomasson BERLIN (Reuters) -German sportswear company Adidas sees only a short-term impact from Chinese calls in March for a boycott of its products, raising its 2021 sales forecast on Friday …
Investor Social Network Snowball Finance Weighs $300M IPO
Snowball Finance, an online financial information and social network portal backed by Ant Group, is looking into a $300 million American IPO.
Self-driving on expressways: Is China ready to speed up?
Recent accidents involving Tesla cars in China put some doubt on the country’s determination to open up more to self-driving cars. But on the other hand, the Chinese government and enterprises have …
China Sector Analysis: Information Technology
Economic output from Telecommunications, Software and Information Technology in 2020 was $587.4bn, according to the Chinese Ministry of Statistics …
China’s space debris: What we know so far
A 22.5-metric-ton piece of space debris belonging to a Chinese Long March-5B rocket is about to make an uncontrolled reentry into Earth’s atmosphere, with little information about when or where it …
China’s Vaccine Diplomacy Just Got a Big Win. But Can the Country Deliver?
The World Health Organization has approved a Chinese vaccine for emergency use. The announcement comes at a time when officials in the country are warning of a domestic shortage.
WHO Places Heat-Sensing Sticker on China’s Sinopharm COVID Shot So Workers Know if it’s Viable
The World Health Organization called the decision to use the sticker a first. It will change colors when exposed to heat to signal if it is safe for use.
Dovish RBA and rising Canberra-Beijing tensions to restrain AUD’s performance – Rabobank
“Compared to its peers, the RBA is very candid in its acknowledgement that QE plays a pivotal role in lowering the value of the exchange rate,” note Rabobank analysts. Key quotes …
WHO authorizes China’s COVID-19 vaccine for emergency use
The World Health Organization (WHO) on Friday authorized China’s Sinopharm COVID-19 vaccine for emergency use, expressing hope that it will boost global access to doses.The move clears the way for the …
China’s Sinopharm offers ‘substantial support’ for COVAX, WHO says
China’s Sinopharm state company has offered substantial support for the COVAX programme to provide COVID-19 vaccines mainly to poor countries, a WHO official said on Friday after the global health …
China ‘probed WEAPONISING coronaviruses five years before Covid outbreak & predicted WW3 fought with bio-weapons’
CHINESE scientists probed weaponising coronaviruses five years before the Covid pandemic, bombshell documents reveal. Documents obtained by the US State Department reportedly show People’s …
China says falling rocket debris will mostly burn up on reentry, posing little threat to people on the ground
The piece of a Chinese rocket that’s falling uncontrollably to Earth will mostly burn up on reentry, the Chinese government said Friday.
