There is a strange traffic pattern occurring in the Pacific. In one direction — outbound from China — an exodus of “high net worth” individuals is moving to places like Australia and …
Monthly Archives For June 2023
Beijing sweats in extreme heat for record third day
Beijing topped 40 degrees Celsius (104F) on Saturday for a record third day as the Chinese capital sweltered in extreme heat, while uncommonly high temperatures for June grilled an area the size of California in…
Packages from China are surging into the United States. Some say $800 duty-free limit was a mistake
Conservatives anxious to counter America’s leading economic adversary have set their sights on a top trade priority for labor unions and progressives: cracking down on the deluge of duty-free packages …
Packages from China are surging into the U.S. Lawmakers wonder if an $800 exemption was a mistake
“De minimis has become a proxy for all sorts of anxieties as it relates to China and other trade-related challenges,” said John Drake, a vice president at the U.S. Chamber of Commerce, who argues that…
IMF Suddenly Flips On Crypto As Wall Street Fuels A $200 Billion Bitcoin, Ethereum And Crypto Price Rally
The International Monetary Fund (IMF) has suddenly softened its previous attitude toward crypto bans, warning they “may not be …
China to ditch COVID-19 quarantine for incoming travelers
China will ditch coronavirus quarantine measures for incoming travelers starting January 8, according to several Chinese state-run media outlets. The downgrade in measures is the latest in the country’s shift away from its strict zero-COVID…
China Dragon Boat Festival trips down 22.8% from pre-COVID levels -CCTV
A total of 140.47 million trips were made in China during the three-day Dragon Boat Festival, up 89.1% from a year earlier but down 22.8% from the pre-COVID levels of 2019, official broadcaster CCTV …
No direct evidence that Covid started in China’s Wuhan lab, says US intelligence report
The report said that while “extensive work” had been conducted on coronaviruses at the Wuhan Institute (WIV), the agencies had not found evidence of a specific incident that could have caused the orig …
No direct evidence linking Covid-19 and ‘incident’ at China’s Wuhan lab, says US intel report
A report by Office of Director of National Intelligence, declassified Friday, says US intelligence community, though, still hasn’t ruled out the possibility that virus came from a lab.
Beijing sizzles under worst heat wave and authorities ask people to stay indoors
Beijing and parts of northern China are experiencing record temperatures, with authorities urging people to limit their time outdoors.
Why China’s faltering economy could soon become a top-of-mind concern for the US stock market
Stocks have started 2023 on a tear, with the benchmark S&P 500 up 14% year-to-date. But slowing growth in China could temper the rally.
Across China: Chinese youth inject vigor in business startups after returning from abroad
Collaborating with scholars in Dunhuang studies and experts skilled in crafting ancient Chinese musical instruments, the team successfully recreated a total of 245 instruments across four categories,
Shanghai Television Festival’s Magnolia Awards Dominated by China’s ‘A Lifelong Journey,’ ‘Bright Future’
The 28th edition of the Shanghai TV Festival wrapped up on Friday with its Magnolia Awards presented to a range of TV drama series, documentaries and animation programs. The drama awards were …
