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Posted on April 24, 2020

China’s cash-strapped poor take on more debt as coronavirus hits job prospects

Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn.

( read original story …)



Posted on April 24, 2020

China unveils name of first Mars exploration mission

China’s space agency on Friday unveiled the name of its first Mars exploration mission, coinciding with China’s annual Space Day and the 50th anniversary of the launch of its first satellite.

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Posted on April 24, 2020

Swatch CEO says China sales rise but global situation still grim

Swatch Group’s sales at its own stores in China are up by almost a quarter during April, the watchmaker’s Chief Executive Nick Hayek told Blick newspaper, but the global situation following the …

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Posted on April 24, 2020

Asia virus latest: Sri Lanka soldiers isolated; China to give WHO more money

Sri Lanka isolated a navy camp near the capital Colombo after 30 sailors tested positive for the coronavirus on Thursday. The military said the entire facility in the Colombo suburb of Welisara was …

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Posted on April 24, 2020

Coronavirus in China, Pakistan, Afghanistan: Your Friday Briefing

We’re covering new coronavirus restrictions in China, Ramadan in Pakistan and Afghanistan’s next war. As China reopens factories and eases travel restrictions in efforts to recover after the outbreak …

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Posted on April 24, 2020

Chinese investors flummoxed by India’s new foreign investment rules

India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their projects and delay deals in one of Asia’s most lucrative …

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Posted on April 24, 2020

COVID-19 count revisions in China suggest it’s more contagious than thought

Studies published this week provide a clearer picture of the scope of the COVID-19 outbreak in China, suggesting that the virus is more contagious than thought — but that social distancing can work …

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Posted on April 24, 2020

China’s coronavirus cases may have been 4 times what officials reported, Hong Kong study finds

A study by Hong Kong researchers, according to The Guardian, is claiming China’s c cases may have been four times what officials reported.

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Posted on April 24, 2020

Europe ‘wary of confronting China over Covid deaths’

Officials believe figures are being under-reported but are wary of openly pointing the finger.

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Posted on April 24, 2020

Suing China over the coronavirus won’t help. Here’s what can work.

Even if Congress were to strip China of its immunity, lawsuits against China are unlikely ever to result in payments to Americans injured by covid-19.

( read original story …)



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