Archive for January 22nd, 2019

China vows no leeway for underperformers in war on pollution

22-Jan-2019 Intellasia | Reuters | 6:00 AM

China will order detailed punishment measures for officials in regions that miss air quality targets this winter, refusing to accept unfavourable weather or mounting economic [...]
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Hainan is the latest Chinese free-trade zone with tech hub ambitions

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Hainan, an island province known as China’s Hawaii, does not only want to be known for sunshine and beaches: It has set an ambitious goal to become the country’s [...]
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Coffee clash brewing in China: startup Luckin takes on Starbucks

22-Jan-2019 Intellasia | AFP | 6:00 AM

When Starbucks came to China two decades ago it promised to open a new store every 15 hours. Now a homegrown rival, Luckin Coffee, plans to build a high tech-driven shop [...]
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Yale economist Stephen Roach calls for China and US to establish global cyber accord, new forum for trade talks

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

The US and China should take the lead in pushing for a global cyber accord and introduce a permanent forum for talks on trade, according to Yale University economist and [...]
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World wants India as counter-balance to China amid global economic woes: SpiceJet’s Singh

22-Jan-2019 Intellasia | Economic Times | 6:00 AM

Amid global economic woes and trade tensions, India is one of the “few bright stars” and is best positioned to become a counter-balance to China, industry leader [...]
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China’s birth rate falls again, with 2018 producing the fewest babies since 1961, official data shows

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

New births in China fell to 15.23 million last year, the lowest since China relaxed its one-child policy in 2014. The dwindling birth rate is adding pressure to a shrinking [...]
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Chinese Company Makes Employees Crawl on Road as Punishment For Missing End of the year Targets; Viral Video Causes Social Media Outrage

22-Jan-2019 Intellasia | Latestly | 6:00 AM

In a shocking incident, a Chinese company made their employees crawl on the road for not being able to complete the targets given to them. The clip shows women crawling on [...]
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Court verdict may shed light on why rising Chinese political star Zhao Yong was sidelined

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Details have emerged in a corruption case that could shed light on why Zhao Yong a former Hebei deputy party boss and rising star in Chinese politics has been sidelined in [...]
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China economy slows further, matching its lowest ever quarterly growth

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

The Chinese economy slowed further in the fourth quarter, matching its lowest recorded reading, last reached during the global financial crisis in 2009. The fourth quarter [...]
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As winter grips rural China, who’s really paying the price for Beijing’s clean air plan?

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

This winter has been an especially cold one for Nie Hongwang. In previous years, the 50-year-old from a small village in Baoding in the north China province of Hebei would [...]
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China faces backlash as it bids to rekindle stalled $3.6 billion Myitsone Dam project

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Political and religious leaders in Myanmar’s Kachin state have hit back at apparent efforts by Beijing to breathe new life into a controversial China-funded dam project [...]
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Police bust Australia-China baby formula crime ring

22-Jan-2019 Intellasia | CNA | 6:00 AM

Six people have been charged after Australian authorities uncovered a multi million-dollar crime syndicate stealing baby formula and vitamins from major retailers across [...]
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China’s economy grew at slowest pace in 28 years in 2018

22-Jan-2019 Intellasia | AFP | 6:00 AM

China’s economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles a massive debt pile and a US trade war, [...]
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Three billboards outside Nanjing, Jiangsu: Chinese artist takes aim at gay ‘conversion therapy’

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

On a hazy day this week, a convoy of three white trucks is making its way through the streets of Nanjing, in eastern China. They are covered in huge red banners with black [...]
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China pharma must swallow that jagged little pill called R&D as government slashes profit margins of generic drugs

22-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

China’s pharmaceutical industry shaken by drastic price cuts from Beijing’s recent pilot roll-out of state hospital bulk purchase open bidding will need to go [...]
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