Chinese brands in U.S. face tougher challenges
NEW YORK – Souring relations between Washington and Beijing do not bode well for Chinese companies in the U.S. Among the 111 companies that responded to a recent survey of Chinese enterprises in the U.S., only 19% foresee that U.S.-China … Continue reading Chinese brands in U.S. face tougher challenges
CHINA: RECORD HEAT CAUSES POWER SHORTAGES
A massive, months-long heat wave has scorched regions in central China. Intense droughts and evaporating water sources have choked energy supplies in several regions reliant upon hydropower, causing widespread power cuts and forcing businesses of all sizes to halt operations. Human suffering has … Continue reading CHINA: RECORD HEAT CAUSES POWER SHORTAGES
China: New Anti-Foreign Sanctions Law introduced
BEIJING — Over the last three years, the U.S. and the European Union have imposed a series of sanctions on Chinese officials and companies. Now China has created a new legal tool to hit back. Organizations with a foot in … Continue reading China: New Anti-Foreign Sanctions Law introduced
China plans high volume of vaccination by end of 2021
BEIJING — In the span of just five days last month, China gave out 100 million shots of its COVID-19 vaccines. After a slow start, China is now doing what virtually no other country in the world can: leveraging the … Continue reading China plans high volume of vaccination by end of 2021
WHO now lists Sinopharm vaccine for emergency use
GENEVE – The WHO now lists the Sinopharm COVID-19 vaccine for emergency use, giving the green light for this vaccine to be rolled out globally. The Sinopharm vaccine is produced by Beijing Bio-Institute of Biological Products Co Ltd, subsidiary of … Continue reading WHO now lists Sinopharm vaccine for emergency use
Canadian filmmaker funds original epic from China
HONG KONG / WUXI – As Mainland China’s robust animation industry continues to thrive, many producers are seeking funding to create original works for global markets. One of them is a Wuxi Jiujiu Animation Production (Jo Jo), which recently secured … Continue reading Canadian filmmaker funds original epic from China
Britain seeks closer ties with India: 1 billion investment
NEW DELHI/LONDON -Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal as Prime Minister Boris Johnson hailed a new era in bilateral relations on Tuesday. Johnson held a virtual … Continue reading Britain seeks closer ties with India: 1 billion investment
CHANEL loses trademark dispute with Huawei
BEIJING – French luxury house Chanel on Wednesday lost its trademark fight with Huawei Technologies after a top European court said their logos bear no similarity to each other. The trademark spat underlines how luxury brands jealously guard their signature … Continue reading CHANEL loses trademark dispute with Huawei
Hong Kong bans flights from India, Pakistan, the Philippines
HONG KONG – Hong Kong will suspend flights from India, Pakistan and the Philippines from April 20 for two weeks after the N501Y mutant COVID-19 strain was detected in the Asian financial hub for the first time, authorities said in … Continue reading Hong Kong bans flights from India, Pakistan, the Philippines
China: Historic breakthrough for CPU developer
Loongson Technology, a leading Chinese chip company based in Beijing, unveiled on Thursday its first fully self-developed CPU (central processing unit) architecture that uses an original instruction set, which has been hailed as a “historic breakthrough” by industry insiders. The … Continue reading China: Historic breakthrough for CPU developer