SPENDING ON BASIC RESEARCH China’s spending on basic research during the 14th Five-Year Plan (2021-2025) period will likely reach a record 8 percent of all research and development (R&D) expenditure, … ( read original story…
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China science, technology news summary — March 29
China Hits U.S., Canada With Sanctions in Xinjiang Fallout
A Geo-political tussle of allegations of China’s human rights abuses continues. Beijing is now imposing sanctions on individuals in the U.S. and Canada. The corporate fallout, in the meantime, is also … ( read original…
China’s Bank of Communications Posts 49% Quarterly Profit Rise as Pandemic Eases
China’s largest banks extended their share rally after unexpectedly delivering their biggest jump in quarterly profits in at least a decade, boosted by rising demand for credit and easing bad-loan … ( read original story…
China Life Singapore Wins 2020 International Finance Insurance Awards
International Finance Magazine has announced the winners of insurance awards 2020 on the website recently. China Life Singapore has been awarded as the “Fastest Growing Digital Transformation Life … ( read original story …)
Here’s what happened in that wild trading in China internet stocks
2. The dramatic drop in Viacom’s price resulted in margin calls. Archegos was also long many China internet names that traded in the U.S. 3. Goldman Sachs, Morgan Stanley, Credit Suisse, and Deutsche … (…
Macau should legalize online gaming and import AI tech talents from Mainland China – Expert
Tourism and gambling expert Zeng Zhonglu that Macau should consider legalizing ‘online’ gambling and invest in importing skilled workers from … ( read original story …)
China warns companies against politicising actions regarding Xinjiang
Xu repeatedly rejected accusations of genocide and human rights abuses in the region and accused the Western powers of engaging in political manipulation to destabilise China with the sanctions. The … ( read original story…
Chinese Streaming Site Bilibili Sinks On Hong Kong Debut After $2.6 Bn IPO
Video streaming site Bilibili sank on its first day trading on Hong Kong’s stock exchange on Monday as investors fret over a global sell-off in Chinese tech shares. Bilibili’s opening price fell just … (…
Sandstorms turn sun blue and sky yellow in Beijing
Thick dust carrying extremely high levels of hazardous particles blows in from drought-hit Mongolia … ( read original story …)
China’s non-cash payments proven successful, transaction hits RMB 4 trln in 2020
The non-cash payments handled by Chinese banks shows steady growth momentum, outgrowing previous quarters. These monies involved the non-cash payments, including commercial papers, bank cards and … ( read original story …)
China’s coal generation rises, India sees a decline: Study
China was the only G20 country that saw a large increase in coal generation in the pandemic year, said a research published on Monday by energy think tank Ember. India, on the other hand, saw…
Asian countries have not gathered the same level of strength to attract FDI as China has?
Make no mistake, China is still facing considerable pressure on how to attract more investment in the fields of high-end manufacturing and technology. However, on the whole, the growth momentum of FDI … ( read…
China reports 15 new COVID-19 cases vs 8 a day earlier
China reported 15 new COVID-19 cases in the mainland for March 28, up from eight a day earlier, the country’s national health … ( read original story …)
