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China's ‘zero-Covid-19’ policy and easing of travel curbs causing confusion, frustration
straitstimes.com/asia/east-asia/travel-policy-easing-amid-zero-covid-leaves-many-confused-frustrated
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China's ‘zero-Covid-19’ policy and easing of travel curbs causing confusion, frustration
straitstimes.com/asia/east-asia/travel-policy-easing-amid-zero-covid-leaves-many-confused-frustrated
China's drugmakers can't sell mRNA shots but haven't quit yet: China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are ...
reuters.com/business/healthcare-pharmaceuticals/chinas-drugmakers-cant-sell-mrna-shots-havent-quit-yet-2024-04-19/
Takeaways from AP report on how the search for the coronavirus origins turned toxic
apnews.com/article/china-covid-virus-coronavirus-origins-pandemic-lab-858a4872eb593a7272f654a0f7716ce2
FBI found it ‘alarming’ that Fauci-funded virus research at Wuhan lab would leave no trace of ‘human manipulation’
nypost.com/2024/04/19/us-news/fbi-got-tip-that-fauci-funded-virus-research-at-wuhan-lab-would-leave-no-trace-of-human-manipulation/
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
Fosun Tourism's Post-Covid Holiday Fizzles: Fosun Tourism said business volume at its Atlantis Sanya mega-resort and Club Med chain rose 4.5% and 15.2% ...
seekingalpha.com/article/4685289-fosun-tourisms-post-covid-holiday-fizzles
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China The rich are getting poorer and buying less at Art Basel Hong Kong: After a brief post-Covid boom at the beginning of last year, the dynamics of the ...
nzz.ch/wirtschaft/wirtschaft-in-turbulenzen-chinas-reiche-werden-aermer-und-kaufen-weniger-kunst-ld.1826896
China Industry Has Lowest Capacity Utilization Since Covid Hit: China’s factories used less of their potential in the first quarter than at any time since the ...
bloomberg.com/news/articles/2024-04-16/china-industry-has-lowest-capacity-utilization-since-covid-hit
China Air Travel Hits Fresh Record on Post-Covid New Year Boost: China’s airlines flew a record number of people in the first quarter, amid government efforts to ...
bloomberg.com/news/articles/2024-04-16/china-air-travel-hits-fresh-record-on-post-covid-new-year-boost
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Hong Kong lawmakers slam HK$3.75 million monthly bill for 6 Covid isolation facilities on standby
scmp.com/news/hong-kong/society/article/3259193/hong-kong-lawmakers-slam-hk375-million-monthly-bill-6-covid-isolation-facilities-standby
What the Chinese GP's highlights reveal about its first F1 race for five years
autosport.com/f1/news/what-the-chinese-gps-highlights-reveal-about-its-first-f1-race-for-five-years/10599195/
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Fares fall as Australian air travel returns to pre-Covid capacity, Flight Centre says
theguardian.com/business/2024/apr/13/fares-fall-as-australian-air-travel-returns-to-pre-covid-capacity-flight-centre-says
China uncertainty clouds outlook for luxury sector: Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter ...
reuters.com/business/retail-consumer/china-uncertainty-clouds-outlook-luxury-sector-2024-04-09/
Big three Chinese airlines extend losing streak as rivals rise after COVID: HONG KONG -- China's big three state-owned airlines are lagging behind as ...
asia.nikkei.com/Business/Transportation/Big-three-Chinese-airlines-extend-losing-streak-as-rivals-rise-after-COVID
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China uncertainty clouds outlook for luxury sector: Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter ...
reut.rs/3Jcryyg
Spy for China? Employee of AfD top candidate Krah arrested: Another Chinese spy has apparently been arrested in Germany. It is said to be an employee of ...
t-online.de/nachrichten/deutschland/id_100391736/spion-fuer-china-mitarbeiter-von-afd-spitzenkandidat-krah-festgenommen.html
Quick Glance: Employee of AfD Politician Arrested on Suspicion of Espionage
- An employee of AfD's lead candidate Maximilian Krah was arrested for allegedly spying for China and conducting surveillance on opposition figures in Germany.
- The Federal Prosecutor's Office is investigating based on information from the Federal Office for the Protection of the Constitution. The AfD expressed concern over the arrest and pledged to support the investigation.
- Federal Interior Minister Faeser called the accusations an attack on European democracy. China denied the allegations. The arrested employee had previously offered information to German authorities but was deemed unreliable.
- There was no connection between the arrest of Krah's employee and other arrests on Monday. Additionally, allegations against AfD politician Krah regarding possible payments from Kremlin-linked sources were revealed.
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
Hacker Attacks: What China Can Use Stolen Data For: China collects personal information on Americans and other foreigners. This data on millions of people helps ...
nzz.ch/technologie/china-hacker-datenleak-wozu-china-die-vielen-gestohlenen-daten-verwenden-koennte-ld.1825055
China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands
bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands
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US House of Representatives passes bill to ban TikTok unless it divests from China
lemonde.fr/en/united-states/article/2024/04/20/us-house-of-representatives-passes-bill-to-ban-tiktok-unless-it-divests-from-china_6669028_133.html
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Beijing half marathon winners stripped of medals after African trio let Chinese runner win
cnn.com/2024/04/19/china/china-beijing-half-marathon-winners-revoked-intl-hnk/
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
Taiwan happy with US aid package, China objects to arms sales: Taiwan President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a ...
reuters.com/world/asia-pacific/taiwan-happy-with-us-aid-package-china-objects-arms-sales-2024-04-24/
Blinken says genocide in Xinjiang is ongoing in report ahead of China visit: Beijing is continuing to commit genocide and crimes against humanity against Uyghurs ...
reuters.com/world/blinken-says-genocide-xinjiang-is-ongoing-report-ahead-china-visit-2024-04-22/
Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
reuters.com/business/autos-transportation/how-volvo-landed-cheap-chinese-ev-us-shores-trade-war-2024-04-24/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
The Eurozone economy is growing surprisingly strongly: The purchasing managers' index rose by 1.1 to 51.4 points, the highest value in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Chinese Tourists Are Again Embracing International Travel in 2024: Countries that have relaxed entry requirements are best poised to reap the economic rewards in ...
bloomberg.com/news/articles/2024-04-24/chinese-tourists-are-again-embracing-international-travel-in-2024
We Tested the BYD Seal—the Car That Explains Why Tesla Just Cut Its Prices: A world-class saloon for the people, from China’s biggest name in EVs ...
wired.com/review/review-byd-seal-2024/
Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
Defense Companies Are Luring Germany’s Struggling Autoworkers
bloomberg.com/news/articles/2024-04-20/defense-companies-are-luring-germany-s-struggling-autoworkers
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Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
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China Forces Apple to Delete WhatsApp, Threads, Signal From Chinese App Store: Apple removes a number of messaging apps from China's iOS App Store ...
uk.pcmag.com/social-media/151924/china-forces-apple-to-delete-whatsapp-threads-signal-from-chinese-app-store
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Kering Warns Profit to Tumble Following Gucci Woes in China: Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed ...
bloomberg.com/news/articles/2024-04-23/kering-warns-profit-to-tumble-following-gucci-woes-in-china
China's Fake-Fashion Retailers Thrive on TikTok, Reddit, Discord: Eager buyers of Pandabuy’s questionable luxury goods declare they’re done ...
bloomberg.com/news/articles/2024-04-23/china-s-fake-fashion-retailers-thrive-on-tiktok-reddit-discord
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Australia to Cut Key Global Economy Growth Forecasts in Budget: Australia will cut the growth outlook for most major economies, including key trading partner ...
bloomberg.com/news/articles/2024-04-21/australia-to-cut-key-global-economy-growth-forecasts-in-budget
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China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...
bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse
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Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Pro-China party wins Maldives election in landslide, media say: Maldives voters handed President Mohamed Muizzu's party a landslide win at parlimentary ...
reuters.com/world/asia-pacific/pro-china-party-wins-maldives-election-landslide-media-say-2024-04-22/
Quick Glance: Pro-China Party Secures Overwhelming Victory in Maldives Election
- President Mohamed Muizzu's PNC party wins by a landslide in Sunday's election, gaining control of parliament with a supermajority.
- The PNC, with three additional seats from allies, secures 70 out of 93 seats, signaling a shift towards China from India.
- Official results confirmation is expected soon, with the new assembly set to take office in early May.
- The election serves as a pivotal moment for Muizzu's agenda of closer economic ties with China following his previous win in the presidential election.
Biden mocks Trump on anniversary of COVID bleach controversy: "Don't inject bleach. And don't vote for the guy who told you to inject bleach ...
axios.com/2024/04/23/trump-covid-biden-disinfectant-bleach
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
Singapore gives top-level briefings to reassure foreign banks on stability: City-state keen to bolster its image as a reliable financial centre at a time of ...
ft.com/content/cdea5463-3fd8-4642-94aa-d8ccd45c90b6
Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Strong electric car sales expected for 2024, but charging grid needs work: International Energy Agency points out obvious: Infrastructure needs to meet demand
theregister.com/2024/04/24/iea_reports_strong_electric_car_demand/
Copper Nears $10,000 as Investors Bet on Rising Global Demand: Copper edged closer to $10,000 a ton after an April rally fueled by bets that a recovering global ...
bloomberg.com/news/articles/2024-04-22/copper-nears-10-000-as-investors-bet-on-rising-global-demand
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
G-7 Warns China Against Aiding Russia in Its War Against Ukraine: Top diplomats from the Group of Seven countries leveled one of their strongest warnings yet ...
bloomberg.com/news/articles/2024-04-19/g-7-warns-china-against-aiding-russia-in-its-war-against-ukraine
Bloomberg New Economy: IMF Scrutinizes US Economy Instead of Going After China: As the US delegation looked to the annual springtime gathering of finance chiefs ...
bloomberg.com/news/newsletters/2024-04-20/bloomberg-new-economy-imf-scrutinizes-us-economy-instead-of-going-after-china
Verstappen also wins in China - fourth victory in the fifth race: The Red Bull driver and world champion for the past three seasons is once again the measure of ...
rtl.de/cms/verstappen-gewinnt-auch-in-china-vierter-sieg-im-fuenften-rennen-5084246.html
Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
Tesla cuts prices across its line-up in China: Tesla Inc has lowered prices across its line-up in China, according to its official website ...
reut.rs/3W9QZs6
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Telegram founder says China downloads have not fallen since Apple move: Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to ...
reuters.com/technology/telegram-founder-says-china-downloads-have-not-fallen-since-apple-move-2024-04-23/
Germany spying: Far-right party aide held in China spy probe: Prosecutors identify the suspect as Jian G and accuse him of passing information to Chinese ...
bbc.com/news/world-europe-68880086
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
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Blinken to warn China over weapons-related exports to Russia: Washington considers sanctions on Chinese financial institutions, according to people familiar with ...
ft.com/content/0911e97e-03c8-4870-a72e-9b55f1f2405e
VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its job cuts with high severance payments. According to WirtschaftsWoche ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
China can't quit coal by 2040, researchers say, despite global climate goals: China's coal consumption will fall by just one-third by 2040, according to a report ...
reuters.com/world/china/china-cant-quit-coal-by-2040-researchers-say-despite-global-climate-goals-2024-04-23/
China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
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North Koreans may have helped create Western cartoons, report says: North Korean animators may have helped create popular television cartoons for big Western ...
reuters.com/world/asia-pacific/north-koreans-may-have-helped-create-western-cartoons-report-says-2024-04-22/
Covid Inquiry: Call for examination of disabled people's experience: Peter Livingstone hopes the inquiry will look at how people with disabilities coped in the ...
bbc.com/news/uk-northern-ireland-68881517
China Is Betting on a Trade-In Plan to Help Save Its Economy: China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US ...
bloomberg.com/news/articles/2024-04-22/china-is-betting-trade-ins-for-evs-fridges-can-help-save-its-economy
The Ukraine war is turning into a Sino-American proxy war: Xi Jinping to Olaf Scholz: All countries must have a place at the table, none should be on the menu ...
berliner-zeitung.de/politik-gesellschaft/geopolitik/ukraine-krieg-wird-zum-chinesisch-amerikanischen-stellvertreterkrieg-li.2207230
China's EV strategy of going small and cheap to pay big dividends in Asia: Russell
reuters.com/world/china/chinas-ev-strategy-going-small-cheap-pay-big-dividends-asia-russell-2024-04-23/
China’s Cheap EV Exports to Redraw Global Automaking, IEA Says: China is set to change the map of global automaking by stepping up electric-car exports that will ...
bloomberg.com/news/articles/2024-04-23/china-s-cheap-ev-exports-to-redraw-global-automaking-iea-says
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Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering "moderate to severe" levels of subsidence ...
reuters.com/world/china/nearly-half-chinas-major-cities-are-sinking-researchers-say-2024-04-18/
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
Dresden: Employee of AfD politician Krah arrested for alleged espionage for China
welt.de/politik/deutschland/article251165928/Dresden-Mitarbeiter-von-AfD-Politiker-Krah-wegen-mutmasslicher-Spionage-fuer-China-festgenommen.html
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Thai c.bank minutes show economy expanding, uncertainty remains: Thailand's economy is projected to grow at a faster pace in 2024 than 2023 supported by private ...
reuters.com/markets/asia/thai-cbank-minutes-show-economy-expanding-uncertainty-remains-2024-04-24/
Apple smartphone shipments in China plummet 19% in 2024 : Apple’s challenges in china continue in the first quarter of 2024. The company's smartphone ...
wionews.com/videos/apple-smartphone-shipments-in-china-plummet-19-in-2024-714439
Exclusive: China turns the heat up on cross-border investments in local govt debt, sources say
reuters.com/world/china/china-turns-heat-up-cross-border-investments-local-govt-debt-sources-say-2024-04-23/
Foreigners add net $32.7 bln to EM portfolios in March -IIF: Foreigners added about $32.7 billion to their emerging market portfolios in March ...
reuters.com/markets/foreigners-add-net-327-bln-em-portfolios-march-iif-2024-04-23/
Gold price outlook: 29% upside to $3K as China central bank keeps buying: China has purchased about 181 tonnes of gold over the past year, and is now the ...
markets.businessinsider.com/news/commodities/gold-price-outlook-china-central-bank-buying-spree-fed-easing-2024-4
Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
Quick Glance: Congress Approves Potential TikTok Ban: What's Next?
- Congress has passed a law that could result in a nationwide TikTok ban. President Biden is expected to sign the bill, forcing TikTok to find a new owner or be banned from the US.
- The law gives TikTok's Chinese parent company 270 days to sell the app. Biden could extend the deadline by 90 days. The law was attached to a foreign aid package to expedite its passage.
- Since Biden has supported the law, he is likely to sign it. TikTok has vowed to take the government to court if the bill is signed.
- Experts suggest that a TikTok ban could violate free speech rights. A court challenge could temporarily block the law, but TikTok would need to comply if no injunction is granted.
Chinese Central Bank Governor Downplays Yuan, Deflation Risks After GDP Surprise: China’s central bank governor Pan Gongsheng downplayed risks from deflation and ...
bloomberg.com/news/articles/2024-04-19/pboc-governor-downplays-yuan-deflation-risks-after-gdp-surprise
Long Covid blood clues could prompt future trials: The UK's largest study of Covid patients treated in hospital found signs of active inflammation.
bbc.com/news/health-68762171
Online videos show Chinese runner being gifted win in Beijing half-marathon: The winner, He Jia, is a member of China’s marathon team and is a national marathon ...
straitstimes.com/sport/online-videos-show-chinese-runner-being-gifted-win-in-beijing-half-marathon
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81
Bill to ban TikTok in US clears Congress: WASHINGTON: The US Senate on Tuesday (Apr 23) approved legislation requiring the wildly popular social media app TikTok ...
channelnewsasia.com/world/tiktok-bill-ban-clears-congress-us-china-app-4287741
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
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China’s Growing Plastics Dominance Is Squeezing Out Asian Rivals: China’s rapidly expanding petrochemicals industry is making life increasingly difficult for ...
bloomberg.com/news/articles/2024-04-16/china-s-growing-plastics-dominance-is-squeezing-out-asian-rivals
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Russia Is Working on a 128-Core Supercomputing Platform: Report: The country's notoriously ancient computer systems are due for an upgrade.
extremetech.com/computing/russia-is-working-on-a-128-core-supercomputing-platform-report
China to revise statistics law to fight data fraud: China will revise its statistics law in a bid to fight persistent data fraud, the state-run Xinhua news ...
reuters.com/world/china/china-revise-statistics-law-fight-data-fraud-2024-04-23/
Australian coach defends Chinese swimming amid doping furore: Australian swimming coach Denis Cotterell has rejected allegations of orchestrated doping in ...
reuters.com/sports/australian-coach-defends-chinese-swimming-amid-doping-furore-2024-04-22/
US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
WADA stands by decision to clear 23 Chinese swimmers for Tokyo Olympics : The world’s top anti-doping regulator says after reviewing a documentary and other ...
apnews.com/article/china-doping-tests-wada-olympics-tokyo-061043894e68ba1be5f8a28f6a74bf6c
San Francisco mayor announces the city will receive pandas from China: San Francisco is the latest U.S. city preparing to receive a pair of pandas from China ...
apnews.com/article/china-san-francisco-zoo-pandas-2657e35111579b2a4cba8b5915a71bd1
Quick Glance: San Francisco to Receive Pandas from China
- San Francisco is set to be the next U.S. city to welcome a pair of pandas from China as part of the 'panda diplomacy' program between Washington and Beijing.
- Mayor London Breed announced that the San Francisco Zoo has been chosen to house the giant pandas.
- The city has been working closely with Chinese and Asian and Pacific Islander communities to strengthen the existing cultural connection.
- China Wildlife Conservation Association (CWCA) will collaborate with city officials to prepare for the pandas' arrival in 2025 and establish technical standards for their conservation.
Saudi Aramco in talks to buy 10% of China's Hengli Petrochemical: Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli ...
reuters.com/markets/deals/chinas-hengli-petrochemical-says-saudi-aramco-talks-buy-10-company-2024-04-22/
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