Tag: China

China hopes to approve its first COVID-19 drug in December

China hopes to approve its first COVID-19 drug in December China hopes to approve its first COVID-19 drug in December

The first drug to treat COVID-19 of several being developed in China could get the green light for use in December and is based on the use of monoclonal antibodies capable of neutralizing the virus, state media reported. The treatment is the result of a joint investigation by the Tsinghua University, the Shenzhen People’s Hospital […]

China overtakes the US in world wealth ranking that continues to rise

China overtakes the US in world wealth ranking that continues to rise China overtakes the US in world wealth ranking that continues to rise

Global wealth has tripled in the past two decades, with China leading the way after overtaking the United States to rank first globally. That is one of the conclusions of a new report from the research branch of the consultancy McKinsey & Co., which examines the national balance sheets of 10 countries that represent more […]

The popular video game Fortnite is no longer available in China

The popular video game Fortnite is no longer available in China The popular video game Fortnite is no longer available in China

The company Epic Games threw in the towel on Monday with the Chinese version of its popular video game Fortnite, after three years of trying to establish itself in the world’s largest market for online games, due to the measures adopted by the government to combat the addiction of young people to digital entertainment. The […]

Evergrande grows closer to bankruptcy as $ 148 million debt expires

Evergrande grows closer to bankruptcy as $ 148 million debt expires Evergrande grows closer to bankruptcy as $ 148 million debt expires

Evergrande Group It managed to avoid a financial default after paying interest on three dollar bonds that matured last Wednesday to the international clearing company Clearstream, according to a spokesman for the Chinese firm. When the grace period expired last Wednesday, the German creditor DMSA announced that it was preparing a bankruptcy proceeding against the […]

Inflation is global, but its traps are local

Inflation is global, but its traps are local Inflation is global, but its traps are local

Por Daniel Moss When it comes to accelerating inflation around the world, don’t expect a quick response from the two biggest economies. The United States and China are trapped by their own political decisions and national priorities. Neither of you is keen to deal with price increases. Germany’s calls for drastic action come too late. […]

COP26: What changes the China-US agreement? for Beijing?

COP26: What changes the China-US agreement? for Beijing? COP26: What changes the China-US agreement?  for Beijing?

It was the surprise of the final stretch of the COP26. Chinese and Americans announced an agreement confirming their cooperation on climate change, despite their political differences. What does this agreement mean for Beijing and how these commitments adopted in the last days of the world conference on the HIM-HER-IT about the climate in Glasgow […]

Xi Jinping: 5 Events That Shaped China’s President’s World View

Xi Jinping: 5 Events That Shaped China’s President’s World View Xi Jinping: 5 Events That Shaped China’s President’s World View

China it is a world power, something hardly imaginable just a few decades ago. Its power sometimes comes from cooperation with the rest of the world, such as with the signing of the Paris climate agreement, according to the BBC. Or sometimes it means competing against it, like the New Silk Road initiative, a network […]

Discussion on who will pay the climate bill the agenda of the COP26 is taken

Discussion on who will pay the climate bill the agenda of the COP26 is taken Discussion on who will pay the climate bill the agenda of the COP26 is taken

As the last day of the two-week UN climate summit approaches (COP26), delegations intensified their efforts to reach an agreement to curb global warming, focusing on finding money to help developing countries cope with the worst effects. A first draft of the COP26 agreement released on Wednesday implicitly acknowledged that current commitments were insufficient to […]

IDB President: Latin America must avoid switching from Odebrecht to Chinese companies

IDB President: Latin America must avoid switching from Odebrecht to Chinese companies IDB President: Latin America must avoid switching from Odebrecht to Chinese companies

The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, warned against Chinese penetration in Latin America, estimating that the region should not go beyond “the era of Odebrecht to the era of Chinese companies ”. The problem would be “for the region to move from the Odebrecht era to the era of Chinese companies,” […]

Communist Party of China passes “historic resolution” enthroning President Xi

Communist Party of China passes “historic resolution” enthroning President Xi Communist Party of China passes “historic resolution” enthroning President Xi

The Communist Party of China (CCP) approved a “historic resolution”Which establishes the absolute leadership of its secretary general and president of the country, Xi Jinping, at the head of the Asian power. Members of the 19th CPC Central Committee today wrapped up a four-day meeting in Beijing in which they approved a text that lays […]

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