China’s first large space telescope could launch as soon as 2023. The new telescope will be called the Chinese Space Station Telescope. It will be roughly comparable to NASA’s long-standing Hubble …
Monthly Archives For May 2022
China ETFs Gain After Unexpected Central Bank Rate Cut
C hina country-specific exchange traded funds strengthened after the People’s Bank of China executed an unexpectedly deep cut to its benchmark reference rate for mortgages in a bi …
What’s behind China’s crackdown on the political rumour mill?
Beneath the pledges of loyalty and unity, rumours are flying of disagreements among the top leadership on how to deal with an economy ravaged by zero-Covid Speculation of a schism ran so rife that the…
China reports 1,211 new coronavirus cases on May 20 vs 1,183 a day earlier
Mainland China reported 1,211 new coronavirus cases on May 20, of which 201 were symptomatic and 1,010 were asymptomatic, the National Health Commission said on Saturday. As of May 20, mainland China …
CanSino Biologics CEO Yu Xuefeng says mRNA vaccines are key to China’s coronavirus fight
China has yet to approve any mRNA vaccines, which have a much higher efficacy rate than ones made using older forms of technology CanSino Biologics has started a clinical trial in Beijing, and the …
Joe Biden lands in Asia, Beijing launches South China Sea drills
China is holding military exercises in the disputed South China Sea coinciding with US President Joe Biden’s visits to South Korea and Japan that are largely focused on countering the perceived threat …
Coronavirus: Shanghai faces exodus of talent as lockdown dashes workers hopes for good jobs and a better life
Complicated and lengthy procedures have failed to put off those determined to flee the mainland’s commercial and financial centre Shanghai, which went into a citywide lockdown on April 1, plans to …
U.S. slams China, U.N. rights chief, ahead of Xinjiang visit
The United States is “deeply concerned” that China will restrict access on a visit by U.N. human rights chief Michelle Bachelet, the State Department said on Friday, while also criticizing Bachelet …
US, India and China vie to help as South Asian nations grapple with economic woes
Governments from Nepal to Sri Lanka and Pakistan are facing separate challenges, giving the major powers an opportunity to extend aid in return for further influence, analysts say While China has …
‘The Wheels On The Bus Really Started Screeching’: Crypto Crash Slows Growth Of Mining Facilities
The bottom fell out for crypto in early May, with major currencies like bitcoin and ethereum losing around a third of their value almost overnight, down more than 50% from the mar …
China seeks more island security pacts to boost clout in Pacific
China is intensifying its drive for influence in the Pacific by negotiating security deals with two additional island nations following a pact with the Solomon Islands, according to officials in the …
As U.S. interest rates rise, China’s are headed in the opposite direction
Here in the U.S., the Fed is trying to cool an overactive economy. In China, the goal is to juice one that’s flagging.
UPDATE 1-U.S. slams China, U.N. rights chief, ahead of Xinjiang visit
The United States is “deeply concerned” that China will restrict access on a visit by U.N. human rights chief Michelle Bachelet, the State Department said on Friday, while also criticizing Bachelet …