China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way, said an economist from the Bank of America. As China seeks to become an advanced nation, Chinese President Xi Jinping said in November that it was possible to double the country’s gross […] Read more
Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the landmark phase one trade deal it signed with the U.S. last year. Vilsack said that the deal allows for market conditions to dictate how much Beijing is required to purchase from U.S. farmers. The Covid pandemic, he added, would […] Read more
Cuba’s most advanced Covid-19 vaccine candidate is scheduled to enter late-stage clinical trials next week, nudging the tiny island nation ever closer to an extraordinary medical achievement that analysts believe will have far reaching consequences throughout the global south. Cuba’s most promising vaccine candidate, of the four it has in development, is called Soberana 02. The […] Read more
Cuba’s most advanced Covid-19 vaccine candidate is scheduled to enter late-stage clinical trials next week, nudging the tiny island nation ever closer to an extraordinary medical achievement that analysts believe will have far reaching consequences throughout the global south. Cuba’s most promising vaccine candidate, of the four it has in development, is called Soberana 02. The […] Read more
China’s Foreign Minister Wang Yi on Monday called on the new U.S. administration to stop the “suppression” of Chinese technology companies, as he laid out conditions for U.S.-China cooperation going forward. Citing national security concerns, former U.S. President Donald Trump sanctioned dozens of Chinese companies in the last three years. Chinese telecommunications giant Huawei is one […] Read more
A Chinese internet giant that has rallied 122% over the last 12 months is still getting bullish calls from analysts who say there’s further upside to the stock — thanks to new areas of business like autonomous vehicles. Analysts from Jefferies and Mizuho upgraded their price targets, expecting it to go up to 25% higher. Read more
China dethroned the U.S. last year to become Europe’s top trading partner for the first time, data from the European statistics office has shown. European Union exports to China grew by 2.2% last year and imports rose by 5.6%. In comparison, exports to the U.S. dropped by 8.2% and imports fell by 13.2%. The latest figures, […] Read more
Secretary of Defense Lloyd Austin will meet with members of the world’s most powerful military alliance on Wednesday for the first time since joining the Biden administration. NATO meets Wednesday and Thursday to discuss an array of challenges facing the 30-member group. The virtual meetings will be a glimpse into President Joe Biden’s foreign policy […] Read more
Sinovac Biotech said on Saturday that its unit’s Covid-19 vaccine has been formally approved for use by the general public by China’s medical products regulator. It marks the second Covid-19 vaccine green-lighted for public use in China, after a shot developed by a Beijing institute affiliated to state-owned China National Pharmaceutical Group (Sinopharm) was approved in […] Read more
LONDON — Britain’s broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel owned by a Chinese state broadcaster, to operate in the country in part because its affiliation with the Chinese Communist Party violates broadcasting laws. License holders must have editorial oversight over their content and […] Read more
