China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest of up to 300 billion yuan ($44 billion) in a bid to restore confidence in…
Monthly Archives For July 2022
More price hikes loom as tyre producers ask for higher duties on Chinese imports
The cost of imported tyres could jump by 41% if a grouping of domestic manufacturers has its way, was the warning on Tuesday from the Tyre Importers Association of South Africa (Tiasa).The South …
KPMG-HSBC report shows over 25% Asia Pacific startups are connected to blockchain
While venture capital investment has reduced in the last year, the Asia Pacific region continues to make major strides in the tech world with an increasing number of new start-ups emerging with a …
Studies link COVID-19 to wildlife sales at Chinese market, find alternative scenarios extremely unlikely
Analyses based on locations and viral sequencing of early COVID-19 cases indicate the pandemic started in Huanan market in Wuhan, China, with live animals being sold at the market as the likely source …
George Gao Fu, head of China’s CDC who helped lead coronavirus pandemic response, stepping down
Noted virologist wins praise for contributions, but hope is expressed for ‘reforms’ at the institution under new leadership Prominent public health expert Shen Hongbing to succeed Gao as nation …
AI technology helps give giant pandas individual identities
Now researchers at the Chengdu Research Base of Giant Panda Breeding have pioneered new technology that uses artificial intelligence to identify the creatures.
Pelosi’s Peers Say Don’t Cave to China Over Potential Taiwan Stop
House Speaker Nancy Pelosi is getting bipartisan support for a possible trip to Taiwan, with some lawmakers from both parties arguing that it’s important that the top leader in the US Congress show no …
Adidas adjusts financial outlook in wake of China business struggles
Adidas is adjusting its 2022 financial outlook after “slower-than-expected recovery” in its China business since the start of the third quarter. The company now expects revenues to grow at a mid- to …
China continues to adapt border control to fight COVID-19
China’s National Immigration Administration (NIA) will continue to adjust entry-and-exit control measures in line with the changing COVID-19 situation to fulfil the need for cross-border travel, a …
A pair of analyses reveals early epicenter of the COVID-19 pandemic
CoV-2, likely first spread to humans from animals in two separate transmission events in a Wuhan market in late November 2019, according to a pair of analyses by international teams co-led by Scripps …
Adidas Lowers Guidance for 2022, Citing China Problems
The news was not unexpected though. Market analysts were less positive than Adidas executives had been about a return to growth in China.
China and Indonesia agree to boost relations during Beijing meeting
The leaders of China and Indonesia have laid out plan of expanding cooperation in an array of areas. Indonesian President Joko Widodo is the first world leader to visit Beijing since February.
China warns of a possible military response to Pelosi’s potential Taiwan trip
“The Chinese military will never sit idly by, and it will definitely take strong actions,” a spokesperson for the Chinese Ministry of Defense said.