Economists reckon that total consumption—including state spending on things like running schools and hospitals—will have to contribute over 60% of China’s growth this year if the economy is to get close to the official growth…
Tagged By covid-19
New York Times columnist admits scientists ‘badly misled’ public on COVID-19: ‘Five years too late’
Zeynep Tufecki, a Times columnist and sociology professor at Princeton University, wrote in a recent opinion piece that the science community hid crucial facts from the public — an …
Trump tariffs remind business leaders of COVID-19 disruptions, uncertainty
Trump’s threatened tariffs pose a unique threat to Michigan and expose US to vulnerability worldwide, Detroit panel says.
China Reveals Details About Show of Force Against US Ally
A Chinese naval task group recently sailed around Australia in a voyage that took about a month, with its movements shadowed by the Australian Navy.
Trump’s tariffs, trade war with China could worsen prescription drug shortages in US
Generic drugmakers and hospital pharmacists warn that added financial pressure from tariffs could strain the nation’s generic drug supplies.
The Trump administration axed Voice of America and China’s state media are delighted
The dismantling of the international broadcaster and other U.S. government-funded news outlets was criticized as another blow to U.S. soft power efforts.
BYD unveils new super-charging EV tech, to build charging network in China
BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build…
BYD unveils battery system that charges EVs in 5 minutes
The new battery and charging system was capable of providing 470km of range in 5 minutes, said BYD’s founder. Read more at straitstimes.com.
China’s BYD unveils faster-charging EV platform, aims to build over 4,000 charging piles
China’s BYD on Monday launched an upgraded platform for electric vehicles with 1,000-volt architecture that it said could charge EVs as fast as pumping gas.
Sunac China expects 2024 loss to widen to $3.5 billion
Property developer Sunac China said on Monday it expects to report a wider loss for the year ended December 2024, citing lower revenue.
How China is doubling down on trade-ins to boost sluggish consumption
Authorities in China pledged on Sunday to “vigorously boost consumption” and “expand domestic demand in all directions” as they seek to cushion the impact of weak external demand amid an escalating …
Foreign CEOs to flock to China for key summit, Xi meeting, sources say
Former Philippine President Rodrigo Duterte said he takes full responsibility for his administration’s “war on drugs”, in a video message posted on his Facebook account, as he braces for a legal …
Foreign-branded smartphone shipments down 21% y/y in China in Jan, CAICT data shows
Shipments of foreign-branded smartphones, including Apple Inc’s iPhone, in China fell 21% in January year-on-year, according to Reuters’ calculations based on data released on Monday by a …
