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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Silenced in China: the COVID 'truth-tellers' and political dissent

Jul 18, 2021 10:28 am UTC| Insights & Views Politics

Since the outbreak of the COVID-19 pandemic in Wuhan in early 2020, one focus of international reporting has been the Chinese authorities handling of the story. The BBC, CNN, the New York Times, AP, among others, have...

China Crisis Series

The Communist Party claims to have brought prosperity and equality to China. Here's the real impact of its rule

Jul 01, 2021 03:42 am UTC| Politics

The Chinese Communist Party (CCP) is in full swing to prepare for the 100th anniversary of its founding this week, with an intense publicity push to crow about its achievements. However, the CCP has little to celebrate...

China Crisis Series

Why politicians should be wary of publicly pursuing the Wuhan lab-leak investigation

Jun 07, 2021 23:43 pm UTC| Politics Law

The theory that SARS-CoV-2 originally leaked out of a laboratory in Wuhan, China, is making a comeback so much so that President Joe Biden has publicly ordered the US intelligence community to redouble its investigations...

China Crisis Series

Xi Jinping sends message to US on China's rising power in Boao address

Apr 23, 2021 12:11 pm UTC| Insights & Views

Chinese President Xi Jinpings muscular speech to the Boao Forum Asia annual conference was clearly designed to send a signal to the United States that China regarded the change of administration as an opportunity for a...

China Crisis Series

Chinese firms on investment blacklist encouraged by Xiaomi win, eye lawsuits against US

Mar 17, 2021 09:56 am UTC| Economy

Chinese firms targeted by former President Donald Trumps investment ban are thinking of suing the US government, encouraged by a federal judges suspension of blacklisting for Beijing-based smartphone maker Xiaomi. A...

China Crisis Series

How China is controlling the COVID origins narrative — silencing critics and locking up dissenters

Jan 14, 2021 04:54 am UTC| Insights & Views

Just over a year has gone by since the novel coronavirus first emerged in the Chinese city of Wuhan and the world still has many questions about where and how it originated. The World Health Organisation is sending a...

China Crisis Series

China enters 2021 a stronger, more influential power — and Australia may feel the squeeze even more

Jan 06, 2021 04:33 am UTC| Politics

Great power competition in the Asia-Pacific region has been building for years. But COVID-19 has turbo-charged the shifts taking place and China is finishing 2020 in a significantly stronger position compared with the US...

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Economy

Starbucks Japan’s summer teas deliver all the goodness of matcha, youthberry, and yuzu peels

Starbucks Japan is answering the call towards providing lighter, more refreshing beverages as we head into the hot and humid days of summer with a new trio of summer teas. A small Yuzu Citrus and Tea and a small...

SK Geocentric joins 3 other entities in plastic recycling program at expressway rest areas

SK Geocentric Co. had signed an agreement with the Ministry of Environment, Korea Expressway Corp., and bottled water brand Jeju Samdasoo to promote the separate disposal and recycling of plastic garbage generated at...

F1 gets up to US$90 million per year in 3-year extension of ESPN's US TV rights

Formula One has renewed its US media rights deal with ESPN until the end of 2025, reportedly worth between US$75 million and US$90 million per year. The agreement represents a significant increase over the broadcaster...

Spain's LaLiga to sue Chinese broadcaster after terminating deal over nonpayment

Spains LaLiga has terminated its broadcast partnership with Super Sports Media in China and is seeking legal action for the media companys failure to keep up with its payments. Super Sports Media has agreed to become...

Alexa may soon replicate the voice of dead family members

A feature under development would allow Alexa to mimic the voice of a specific person based on a less than a minute of provided recording. The goal of the feature, according to Rohit Prasad, senior vice president and...

Politics

Russia-Ukraine conflict: Ukraine official says EU should include Russian oil embargo in sanctions

Ukraine has urged the West to ramp up sanctions on Russia as punishment for its unprovoked invasion of Ukraine in February. An official in Kyiv has called for an oil embargo as part of the European Unions sanctions against...

Iran, EU to restart nuclear deal talks

The months-long discussions between Iran and the US to restart the 2015 nuclear deal was put on hold following Russias invasion of Ukraine. Following a visit by the European Unions foreign policy head to Tehran, both sides...

US Supreme Court: Protesters condemn decision to overturn landmark Roe v. Wade ruling

The US Supreme Court officially published its decision that overturned the landmark Roe v. Wade abortion-rights ruling. Following the release of the decision, hundreds of protesters marched to the high court, condemning...

Joe Biden signs bipartisan gun reform bill into law

Over the weekend, US President Joe Biden signed into law the first major gun reform bill in decades. The legislation came together following the major mass shootings in Buffalo, New York, and Uvalde, Texas. Reuters...

Science

Sea lettuce used as cow feed may lower marine ecosystem threat

A joint study conducted by a local feed manufacturer and Konkuk University showed that cows fed with a newly developed feed containing sea lettuce emitted 28 percent less methane gas than those who werent. Cows fed sea...

S. Korean scientists develop robot skin that senses tactile stimuli, self heals

A research team from the Korea Advanced Institute of Science and Technology (KAIST) has developed a robot skin that can sense external tactile stimuli and recover from injury when damaged. The newly developed robot skin...

Absolut enlists startup's help in developing fiber-based bottle cap

The Absolut Company is enlisting the help of Swedish start-up Blue Ocean Closures in developing a fiber-based closure cap for its Absolut Vodka bottle. The caps design uses a combination of sustainably sourced FSC fiber...

S. Korea to produce biodegradable plastic with seaweed

South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...

Researchers 'mask' cancer drug to spare healthy tissues while killing tumors

The University of Chicagos Pritzker School of Molecular Engineering has designed a method to keep a promising cancer drug from wreaking havoc until it reaches a tumor. As many cancer drugs often attack both healthy...

Technology

Report: Apple Watch Series 8, new SE generation to ship with S8 chip

Apple will reportedly update its Apple Watch lineup later this year with three new models, including the second generation of Apple Watch SE and the flagship Apple Watch Series 8. The tech giant is expected to introduce...

iPhone 14 Pro will display widgets while in always-on display mode, report says

Apple is expected to introduce four new iPhones later this year, but more significant software and hardware upgrades are only anticipated in the upcoming iPhone 14 Pro models. The higher-end devices are rumored to gain an...

‘Valorant’ voice chats will be recorded as Riot Games vows ‘to combat disruptive behavior’

Riot Games has updated its policy, allowing it to record and evaluate voice chats starting with Valorant. The move is part of the developers promise to address disruptive behavior among players in-game. The developer...

eBay acquires NFT marketplace startup KnownOrigin

eBay bought UK-based NFT marketplace KnownOrigin, which raised $3.5 million in February, for an undisclosed sum. KnownOrigin has amassed an impressive, ardent, and devoted group of artists and collectors, which are a...
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