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China

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Moves by Russia, China, North Korea rekindle nuclear concerns

2 mins read

Russia’s threats to use nuclear weapons in Ukraine along with China’s missile system expansion and North Korea’s recent accelerated pace of missile testing have revived concerns about global arms security.…

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Clothes make the man: the relationship between China and Africa on the basis of fashion

3 mins read

The FINANCIAL — Media scholar Tommy Tse is one of the three UvA researchers that has received a Consolidator Grant from the European Research Council. With the grant of two million euros, he is going to conduct ambitious research into something that everyone in society has to deal with every day: clothing. He will be…

Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific

2 mins read

The FINANCIAL --  More than a year into the COVID-19 pandemic, the developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region.…

BlackBerry selected by Plus to power Its Class 8 Truck automated driving system

1 min read

The FINANCIAL — BlackBerry Limited and Plus, a leading provider of self-driving truck technology, announced today that Plus has selected BlackBerry® QNX® technology for the global commercial deployment of the company’s automated driving system for Class 8 trucks. Plus is the first automated truck developer to use BlackBerry QNX technology for its next-generation self-driving systems, which are expected…

EU and China agree to protect each other’s food and drink specialities

1 min read

The FINANCIAL — On Wednesday, European Parliament backed an agreement between the EU and China to protect the names of 200 European and Chinese food specialties from counterfeiting. Parliament consented to an agreement by 645 votes, with 22 against and 18 abstentions, signed in September 2020 between the EU and China to ensure that one hundred European products bearing geographical indications (GIs)…

Global insurance markets set to rebound with China leading recovery

3 mins read

The FINANCIAL — World gross domestic product (GDP) is expected to contract by 4.1% this year in what is so far the deepest recession of our lifetimes. The latest sigma study, “Rebuilding better: global economic and insurance market outlook 2021/22“, predicts that recovery will be slow and uneven in 2021. Global GDP is forecast to…

Deutsche Bank delivers China supply chain financing solution for BASF

2 mins read

The FINANCIAL — Deutsche Bank today announced that it has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with world-class working capital capabilities. With this solution, BASF and its partners will benefit from more accessible risk mitigation and improved working capital flows, automated processes including reconciliation,…

Astellas announced that China NMPA approved XTANDI for the treatment of prostate cancer

2 mins read

The FINANCIAL — Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., “Astellas”) today announced that the China National Medical Products Administration (NMPA) has approved XTANDI® (enzalutamide soft capsules) for the treatment of adult men with non-metastatic castration-resistant prostate cancer (nmCRPC) with high risk of metastasis. This is the second approved indication in China for enzalutamide, which is…

Hyundai to establish a hydrogen mobility ecosystem in China

2 mins read

The FINANCIAL — Hyundai Motor Company is spearheading development of a hydrogen society and fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor announced today that it has signed an MOU with Shanghai Electric Power Co., Ltd., Shanghai Sunwise New Energy System Co., Ltd., and Shanghai Ronghe Electric Technology Financial Leasing Co.,…

Hong Kong, China initiates dispute complaint against US origin marking requirements

1 min read

The FINANCIAL — Hong Kong, China has requested WTO dispute consultations with the United States concerning marks of origin requirements imposed by the US on goods produced in Hong Kong, China. The request was circulated to WTO members on 3 November. Hong Kong, China is challenging several US legal, regulatory, executive and administrative measures through…

FMCG in China is on the road to recovery

2 mins read

The FINANCIAL — The total spending on fast-moving consumer goods (FMCG) in China grew by 4.1% in the 12 weeks to 11 September 2020 compared to the same period last year. Stronger growth in lower-tier cities and ecommerce channels remained the key drivers. Non-food products continued to grow well, with home care products reporting an…

World Bank sanctions 2 Chinese engineering companies for 18 months

1 min read

The FINANCIAL — The World Bank Group today announced the 18-month sanctions of China National Electric Engineering Company Limited (“CNEEC”) and its wholly owned subsidiary, China Electric Design and Research Institute Company Limited (“CEDRI”), both international engineering companies, in connection with fraudulent practices as part of the Lusaka Transmission and Distribution Rehabilitation Project in Zambia. CEDRI has…

EU agri-food products to be protected in China against misuse and imitation

1 min read

The FINANCIAL — European Parliament should back the deal between the EU and China that would protect 200 European and Chinese products, said the Trade Committee on Tuesday. In a resolution approved by 38 votes, with one vote against and three abstentions, the Trade Committee backed the EU’s agreement with China, signed in September 2020. It will…

Germany remains on top of “Nation Brand” ranking, the UK edges out Canada to the second spot

4 mins read

The FINANCIAL — This year is marked by an overall decline in perception of nations’ reputations, and the top-10 NBI nations are not immune to this overall negative sentiment. While Germany retains the top position in the 2020 Anholt-Ipsos Nation Brands IndexSM (NBI) for the fourth year in a row, this year is marked by…

Dongpeng Holdings got listed on SZSE

1 min read

The FINANCIAL — Dongpeng Holdings (Stock Code: 003012) landed on SME Board on October 19, 2020. Dongpeng Holdings is publicly offering 143 million shares, including 143 million IPO shares offered at 11.35 yuan per share and raising funds of 1,623 million yuan. The post-public-offering share capital of Dongpeng Holdings is 1,173 million in total. Guangdong Dongpeng Holdings Co.,…

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