As the world struggled to contain the coronavirus crisis, foreign direct investment in the United States plummeted 49% in 2020 while investment in China rose 4%, making China the largest recipient of … ( read…
NEWS
China Overtakes U.S. as World’s Leading Destination for Foreign Direct Investment
New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to U.N. figures released Sunday, as the country struggled to curb the spread of…
Wuhan, China, marks a year since it entered lockdown as Ground Zero of coronavirus epidemic
China’s new mystery illness The anniversary of the lockdown Saturday comes as more contagious variants of the coronavirus spread and efforts to vaccinate people against COVID-19 have been frustrated … ( read original story …)
11 Miners Rescued In China After 2 Weeks Trapped Below Ground
The workers became trapped on Jan. 10 following an unexplained explosion at a gold mine in the eastern province of Shandong. One miner has already died and another 10 remain missing. ( read original story…
Eleven rescued from gold mine in China after 2 weeks underground
Eleven gold miners trapped underground for two weeks have been rescued in east China’s Shandong Province on Sunday. ( read original story …)
Global report: Covid variant overwhelms state in Brazil, as China fights new cluster
New Zealand reports first community case in over two months; Dutch police make curfew arrests … ( read original story …)
Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market
Shenzhen’s local government will slap a three-year ban on buyers who use false information on home purchases to stamp out cheats, two days after Shanghai authorities took draconian steps to stop … ( read original…
China Sees Fall in New COVID-19 Cases Amid Strict Local Lockdowns
BEIJING (Reuters) – China reported 80 new COVID-19 cases on Saturday, mostly in the northeast where some residents complained they were short of food amid an ongoing local lockdowns, down from … ( read original…
China Sends Warplanes to Taiwan Strait in a Show of Force to Biden
The exercises, which included 13 warplanes on Saturday and 15 on Sunday, were the biggest so far this year and the first under the new U.S. administration. ( read original story …)
Inoculation of 2nd COVID-19 vaccine shot kicks off in Futian District, Shenzhen
A nurse administers the second dose of COVID-19 vaccine to a driver of the Shenzhen Bus Group Co., Ltd. at the health service center of the Xiameilin community in Futian District, Shenzhen, south … (…
Joe Biden and US allies need a joint approach to China
Joe Biden’s inauguration as US president offers a crucial opportunity for America — and other western allies — to reset policy on the defining geopolitical issue of today, and perhaps of the 21st … (…
Trapped for 2 Weeks, 11 Workers Rescued From China Gold Mine
Rescuers in northern China have brought 11 workers safely to the surface two weeks after they were trapped by an explosion in a gold mine. ( read original story …)
U.S. carrier group enters South China Sea amid Taiwan tensions
A U.S. aircraft carrier group led by the USS Theodore Roosevelt has entered the South China Sea to promote “freedom of the seas”, the U.S. military said on Sunday, at a time when tensions between…
