China
Op-ed: It’s time for the World Bank to get back to the business of doing business
The World Bank’s “Ease of Doing Business” report tracked and encouraged improvements in the business climate around the world. Then it got canceled. Bloomberg | Bloomberg | Getty Images The following commentary is co-authored by Curtis S. Chin, former U.S. ambassador to the Asian Development Bank and inaugural Asia Fellow of the Milken Institute, and […]
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Shanghai’s Covid battle faces setback as Beijing focuses on mass testing
China’s commercial capital of Shanghai was dealt a blow on Monday as authorities reported 58 new Covid-19 cases outside areas under lockdown, while Beijing pressed on with testing millions of people on a May Day holiday few were celebrating. Tough coronavirus measures in Shanghai have stirred rare public anger, with millions of the city’s 25 […]
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It’s not just Russia – China’s also contributing to higher inflation worldwide, report says
Restrictions and tariffs imposed by China in two major commodities — fertilizer and pork — have caused prices to surge worldwide. Deng Gang | Visual China Group | Getty Images Russia is guilty of creating a food security crisis and higher energy prices through its war with Ukraine, but China has — under the radar […]
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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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