The omicron variant first reached China’s political, financial and technological hubs, putting pressure on the country’s response to the more transmissible variant as it waits for the Winter Olympics to begin in less than three weeks. China has detected locally transmitted omicron infections in Beijing, the capital; Shanghai, the financial center; and Guangdong, where the […]
Tag: China
China grows 8.1% in 2021 and records its lowest birth rate in 72 years
With information from EFE The GDP of China It grew by 8.1% in 2021, according to official data, almost six percentage points more than the previous year and in line with what was forecast by institutions such as the World Bank (WB) or the International Monetary Fund (IMF). Thus, the growth of the Chinese economy […]
Xi, two years without leaving the Chinese trench against the virus
This Monday marks two years since the last state visit of Chinese President Xi Jinping, which has raised doubts that his absence from international forums could affect the status of a China that, with its borders closed due to the pandemic, still isolated from the outside. Xi, who spoke remotely at the World Economic Forum […]
Xi warns in virtual Davos that no current will stop globalization
Updated on 01/17/2022 10:18 am The president of China, Xi Jinping, assured by videoconference in the Davos 2022 Agenda that no current can stop “the trend of globalization” and called on the international community to “remove barriers” instead of “building walls” and to ” oppose protectionism. Xi, who appeared at the invitation of the organization’s […]
China exceeds forecasts with growth of 8.1% in 2021; faces headwinds
The Chinese economy rebounded in 2021, with its best growth in a decade, helped by strong exports, although there are signs that the momentum is slowing due to the weakening of consumption and the fall in the real estate sector, which points to a the need for more political support. Growth in the fourth quarter […]
The endless damage of imported garments against Peruvian production
Entering the third year of the pandemic, the Peruvian textile and clothing industry is far from reaching a true recovery. This situation is explained by the lack of protection of government policies against imports, the lack of financing and little interest in eradicating informality. While in that same period —in which the local labor force […]
Kentucky Fried Chicken criticized in China for promoting “irrational consumption”
fast food chain Kentucky Fried Chicken face these critical days in China for having launched a promotion that includes coveted exclusive toys within a family menu, something that the authorities believe encourages “irrational consumption” and food waste. The China Consumers Association censured in a statement that the initiative of the well-known fried chicken brand “induces […]
China: Xi Jinping demands greater regulation of the digital economy
President Xi Jinping He called for better regulation and governance of China’s digital economy to guard against its “unhealthy” development, as Beijing aims to boost the sector’s contribution to the country’s growth. In an essay in the ruling Communist Party’s publication Qiushi on Saturday, Xi called for a focus on key areas including integrated circuits, […]
Chinese President Xi calls for measures against “unhealthy” development of digital economy
Updated on 01/15/2022 12:31 pm President Xi Jinping called for better regulation and governance of digital economy from China to guard against its “unhealthy” development, while Beijing aims to boost the sector’s contribution to the country’s growth. In an essay in the ruling Communist Party’s Qiushi publication on Saturday, Xi called for a focus on […]
Ómicron arrives in Beijing less than three weeks before the Olympic Games. of winter
Updated on 01/15/2022 12:14 pm Beijing today confirmed its first local case of the omicron variant of the coronavirus less than three weeks before the start of the Winter Olympic Games in the capital china, an event that the authorities try to protect at all costs through their “zero tolerance” strategy against covid. The positive […]