When China Fortune Land Development missed a payment on a $530m US dollar bond in February, the property developer did not rush to tell its investors. “They never even said ‘we defaulted’,” recalled …
NEWS
Alibaba crosses a red line after $3bn fine by Beijing officials
A fine of almost $3 billion imposed by Beijing officials has dragged the Chinese digital retail group Alibaba into the red for the first time since it went public eight years ago.The world’s …
U.S. diplomats: Send vaccine overseas now or China, Russia will win out
Exasperation among diplomats reflects global pressure on the U.S. to begin sharing some of its Covid-19 vaccines.
US condemns political use of COVID-19 vaccines after China-Taiwan tussle
The United States stands with Honduras and condemns the “cynical use” of COVID-19 vaccines for political purposes, the State Department said, …
China sets up new, more powerful national disease control agency
Bureau will be responsible for developing policies to prevent and control infectious diseases and overseeing alert systems.
US vows to stand by ally Australia against China
The Biden administration vowed Thursday to stand by Australia in its worsening trade and other disputes with China. Secretary of State Antony Blinken told his Australian counterpart that the U.S.
U.S. Olympic and Paralympic Head Asks Congress Not to Force Beijing Games Boycott
Sarah Hirshland, CEO of the U.S. Olympic and Paralympic Committee, submitted a letter to Congress on Thursday requesting that the U.S. not boycott the 2022 Beijing Olympics.
USOPC to Congress: Beijing Olympic boycott not the solution
The head of the U_S_ Olympic and Paralympic Committee is telling Congress that a boycott of the Beijing Olympics next year will not solve any geopolitical issues with China and will only place …
Troy Ryan set to coach Canadian women’s hockey team at Beijing Olympics
Troy Ryan has been named head coach of Canada’s women’s hockey team for the 2022 Winter Olympics in Beijing. Ryan, from Spryfield, N.S., was an assistant coach for Laura Schuler in the 2018 Olympics …
U.S. trade chief Tai says ‘time is of the essence’ in China trade review
U.S. Trade Representative Katherine Tai said on Thursday that expired exclusions from “Section 301” tariffs on Chinese goods will be addressed as part of the Biden administration’s review of trade …
Air Force Bomber Completes Hypersonic Missile Test Amid China, Russia Arms Race
A previous test of the hypersonic weapon failed in early April, after the missile didn’t launch from the bomber.
Student’s Death in China Spurs Questions About Surveillance
A high-school student’s death in Chengdu, in southwestern China, has set off a wave of public outrage on social media over control of video footage in a country subject to millions of surveillance …
How a faster WHO response could have slowed COVID-19’s spread
Urgent global action is needed to end the COVID-19 pandemic and prepare for future threats, according to a new report by the Independent Panel for Pandemic Preparedness and Response.
