China
As Beijing tightens Covid curbs, hard-hit Shanghai sees signs of life
Major luxury goods mall Beijing SKP said Friday it would close — with no reopening date specified — after the city confirmed three Covid cases in an apartment community nearby. Kevin Frayer | Getty Images News | Getty Images China’s capital Beijing tightened Covid restrictions on Sunday as it battled an outbreak, while Shanghai let […]
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Americans view these Asian countries as safer now than before the pandemic
A new study shows American travelers view many Asian nations as safer travel destinations now than they did four years ago. South Korea, Singapore, Thailand, Japan, China and Vietnam rose in the annual safety rankings published by travel insurance provider Berkshire Hathaway Travel Protection. The survey in the 2022 “State of Travel Insurance Report” also […]
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Op-ed: The four big threats to China’s economy
William Rhodes and Stuart Mackintosh have identified four distinct but overlapping economic risks for China. Future Publishing | Future Publishing | Getty Images The following commentary is co-authored by William R. Rhodes, CEO of William R. Rhodes Global Advisors, former chairman and CEO of Citibank, and author of “Banker to the World: Leadership Lessons from […]
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South China Sea faces higher risk of conflict as arms race builds up, says weapons expert
The South China Sea region faces a heightened risk of conflict as it arms itself at an “alarming rate,” an expert from the Stockholm International Peace Research Institute told CNBC on Monday. It comes as worldwide military spending surpassed $2 trillion for the first time ever in 2021, he added. “The region is arming at […]
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Jeff Bezos takes a swipe at Musk’s Twitter takeover, suggesting it may give China ‘leverage’
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Amazon’s billionaire co-founder Jeff Bezos has weighed in on Elon Musk’s deal to buy […]
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GE hoping to 3D print concrete components for wind turbines so it can save on transportation costs
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images A new research facility which hopes to 3D print the concrete bases of giant wind turbine towers […]
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The Twitter account giving a window into China’s internet
Since its Twitter account was created in early March, the Great Translation Movement has gained more than 135,000 followers and now receives hundreds of translations per day, submitted through direct messages. Jade Gao | Afp | Getty Images Russia plunged China into a predicament when its forces rolled into Ukraine in February, weeks after the two nations reaffirmed their “no […]
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Why a tiny Pacific nation’s China deal is getting global attention
Australian defence forces in Solomon Islands on Dec. 1, 2021. NBC News reports the United States and its allies fear the deal between China and the Solomon Islands could enhance Beijing’s military power in the Indo-pacific. CPL Brandon Grey | Australian Department of Defence | Getty Images A tiny island chain in the South Pacific […]
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Ferrari to recall more than 2,000 cars in China over braking issues
The Ferrari 458 Italia. Ferrari Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider series models, the […]
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Industrial output in Shanghai dropped 7.5% in March, city official says
A worker works at a production line in Qingpu district of east China’s Shanghai 211027. Industrial output in the city dropped by 7.5% year-on-year after stringent lockdown measures halted production in some factories, the city’s official said on Friday. Ding Ting | Xinhua News Agency | Getty Images Industrial output in Shanghai, China’s financial hub, […]
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