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Posted on November 17, 2020

China unemployment rate: how is it measured and why is it important?

China provides an official surveyed unemployment rate but it does not include 149 million self-employed business owners and nearly 300 million migrant workers.

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Posted on November 17, 2020

China Should Set Around 5% GDP Goal for 2021-2025: Think Tank Economist

China should set an average annual economic growth target of around 5% for the 2021-2025 period, a senior economist at a top government think tank said on Tuesday, in line with a Reuters report. China …

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Posted on November 17, 2020

Courier Giant SF Express Said to Mull Hong Kong Share Sale

SF Holding Co., one of China’s largest express delivery companies, is considering raising funds through a share sale in Hong Kong, according to people familiar with the matter.

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Posted on November 17, 2020

Pinduoduo-like platform in the Philippines bags $1m in seed round

Resellee, a social commerce platform based in the Philippines, announced that it has secured US$1 million in a seed round from MinTech Enterprises and Hofan Capital. The social commerce app allows …

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Posted on November 17, 2020

Australia, Japan to bolster defense ties amid China’s rise

The leaders of Australia and Japan have held in-person talks to bolster defense ties between the two U.S. allies to counter China’s growing assertiveness in the Asia-Pacific region amid the transition …

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Posted on November 17, 2020

Why the U.S. Could Be the Big Loser in the Huge RCEP Trade Deal Between China and 14 Other Countries

Even U.S. allies like Japan and Australia moved to strike a bargain with China in the absence of an alternative …

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Posted on November 17, 2020

Vaccine Unproven? No Problem in China, Where People Scramble for Shots

Many say they are reassured because politicians and executives have been inoculated. But experts say the risks outweigh the benefits.

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Posted on November 17, 2020

A split from the U.S. is ‘very positive’ for China in the long term, venture capitalist says

China divorce has more advantages than drawbacks for the Asian giant’s tech sector, said Jenny Zeng, managing partner at MSA Capital.

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Posted on November 17, 2020

China Preparing for Trump’s ‘Final Madness’ Before Biden, State Media Says

The hawkish Chinese Community Party newspaper Global Times suggested the President Donald Trump was further sabotaging U.S.-China relations for the incoming Biden administration.

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Posted on November 17, 2020

Putin says India, China may start producing Russia’s Sputnik V COVID-19 vaccine: RIA

India and China may start producing Russia’s Sputnik V vaccine against COVID-19, the RIA news agency cited Vladimir Putin as saying on Tuesday. Putin also proposed that the creation of a vaccine …

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