The Group of Seven rich democracies will address China’s non-market economic practices, its approach to debt and its human rights actions in a communique on Tuesday, while a NATO strategic concept to …
Monthly Archives For June 2022
China hands over additional 10 mln COVID-19 vaccine doses to Ethiopia
Ethiopian Minister of Health Lia Tadesse (2nd L) and Chinese Ambassador to Ethiopia Zhao Zhiyuan (2nd R) sign documents during a handover ceremony of the Chinsese COVID-19 vaccine in Addis Ababa, …
Nike forecasts downbeat revenue over China COVID worries
Prospects mixed as people cut spending and prefer home-grown brands Nike Inc forecast first-quarter revenue below estimates as it expects to discount more and wrestles with pandemic-related …
Voicemail indicates Joe Biden knew of Hunter deals with ‘spy chief of China’
Joe Biden called his son Hunter in late 2018 to discuss a New York Times article detailing the younger Biden’s dealings with a Chinese oil tycoon accused of economic crimes – telling him “I think…
China’s own study shows Omicron is not that deadly, so it’s time to move towards ‘being dynamic’ instead of ‘chasing zero’
A study of 33,816 local Covid-19 cases in Shanghai found that only 0.065 per cent of the high-risk group developed severe or critical infections Quarantines for overseas arrivals have been shortened …
New study finds COVID-19 omicron variant leads to less severe disease in mice
Georgia State University researchers have found that the alpha, beta and delta variants of SARS-CoV-2 were substantially more fatal in mouse models than the original strain of the virus that causes …
Clover’s COVID-19 Vaccine Candidate Demonstrates Strong Cross-Neutralization Against Omicron as a Homologous Booster
(Clover; HKEX: 02197), a global clinical-stage biotechnology company developing novel vaccines and biologic therapeutic candidates, today announced new positive clinical data in individuals vaccinated …
Nike profits dip on lower sales in North America, China
Lower sales in North America and China dented Nike’s quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar, rising inflation and other headwinds.
China Evergrande faces winding-up lawsuit for $110 mln deal obligation
China Evergrande Group said on Tuesday a winding-up petition was filed against it by investment holding firm Top Shine Global Ltd in Hong Kong for not fulfilling a financial obligation of HK$862.5 …
Code red: China’s Covid health apps govern life but are ripe for abuse
More than two years into the coronavirus pandemic, everyday life for most of China’s 1.4bn citizens hinges on the colour of a health code on a smartphone app. Entering any establishment, taking the …
What Is the ‘Special Debt’ China Uses to Spur Its Economy?
China’s government is cash-strapped with Covid-19, tax breaks and a property downturn pulling down income while spending keeps rising to pay for economic stimulus and containing virus outbreaks. One …
Exports to Russia from China plummet, study shows
A new study suggests that sanctions have hurt Russia’s international trade, even with countries not directly affected by them. But Russia’s economy still seems to be functioning.
China’s Population Is About to Shrink for the First Time in 60 Years
China accounts for more than one-sixth of the world’s population, but its birthrate is falling for the first time in 60 years.