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After bruising 4-month fight, China’s two largest cities contain Covid
... following a bruising four month fight. The capital and financial hub both recorded zero new locally-transmitted Covid infections for Monday, the first time the two cities... ... in both cities. The demands of the Covid Zero approach show how difficult it is for Chinese officials to stamp out the infectious pathogen for long, and underscore the... ... economy from Covid Zero, especially ahead of the Communist Party Congress later this year, when President Xi Jinping is expected to secure an unprecedented third term....
Updated: 06/28/2022
China says Belt and Road Initiative is a false narrative, says US should be responsible for creating debt trap
... States that should be responsible for creating the debt trap. PHOTO CHINA' BEIJING -- Chinese Foreign Ministry spokesperson Zhao Lijian said on Monday that China-proposed... ... benefits and delivered tangible benefits to partner countries and their peoples for nine years since its inception. By 2030, the BRI will generate $1.6 trillion of revenues... ... some countries have fallen into the debt trap, according to Zhao. With regard to the new initiative put forward by G 7, China always welcomes initiatives that promote global...
Updated: 06/28/2022
NASA's lunar Orbiter reveals location of unusual double crater
... the overlapping craters created during the March 4 impact. The maximum width of the new double crater is similar to the Apollo craters. Bill Gray , an independent researcher... ... DSCOVR in 2015, but later said he'd gotten that wrong and it was likely from a 2014 Chinese lunar mission, an assessment that NASA agreed with. The rocket in question... ... pieces of tiny debris that could damage a spacesuit, according to a NASA report last year.
Updated: 06/27/2022
China’s official paper says Covid control measures will keep going
... alive, another user said. Weibo removed the hashtag from its platform for the next five years. In early May, Xi doubled down on Zero-Covid policy after calling China's Internet... ... its zero-Covid policy in place until the beginning of 2023, based on signals from the Chinese government. For months, cities across China including Beijing and Shanghai have... ... hurting the job market. In May, the unemployment rate for people aged 16 -- 24 hit a new record high of 18.4%. China is shut down of cities and communities over a handful...
Updated: 06/27/2022
China's market regulator releases draft rules to boost competition
... parties' domestic annual sales reached 800 million yuan will need to be looked at in an antitrust review, according to the SAMR . Chinese regulators began cracking down on multiple industries in late 2020, and targeted the platform economy companies over behaviours it considered monopolistic, fining the likes of Alibaba Group and Meituan billions of dollars. Last year, the regulators changed the country's anti-monopoly law, adding new emphasis on the digital economy and increasing penalty fines for instance. The revisions will take effect on Aug 1, Xinhua ...
Updated: 06/27/2022
Xi Jinping to attend Hong Kong handover anniversary
... raising concerns over a possible visit by state leaders for the July 1 celebrations, which include the swearing in of the city's new leader in 1997 on the anniversary of its handover from British rule. Secretary for Constitutional and Mainland Affairs Erick ... ... quarantine ahead of planned ceremonies. China sticks to a byzantine approach of snap lockdowns, mass testing and quarantining, and Chinese officials seem to be taking extra precautions not to catch the virus. Since the outbreak of the Pandemic more than two years ago Xi has not left mainland China - but the Hong Kong government had begun to prepare for the arrival of a delegation ...
Updated: 06/27/2022
China’s zero-Covid policy, mass testing, restrictions cause alarm
The zero-Covid policy could be put in place for the next five years, as well as mass mandatory testing and travel restrictions in Beijing have caused ... ... published on Monday afternoon was issued by Cai Qi , the Beijing secretary of the Chinese Communist Party. The original text said that in the next five years, Beijing... ... Beijing announced in-person schooling would restart. Shanghai authorities reported no new cases at the weekend for the first time since March. The threat of sudden travel...
Updated: 06/27/2022
China's market regulator seeks public consultation
... sales reached 800 million yuan, the companies would need to seek an antitrust review, according to the SAMR . In late 2020, Chinese regulators began cracking down on multiple industries and targeted its once-freewheeling platform economy companies over behaviors it considered monopolistic, fining the likes of Alibaba Group and Meituan billions of dollars. Last year, the regulators changed the country's anti-monopoly law, adding new emphasis on the digital economy and increasing penalty fines for instance. The revisions will take effect on Aug. 1, according ...
Updated: 06/27/2022
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