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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

Tencent shares plunge 10% after China media calls online gaming 'electronic drugs'

Stocks of Chinas biggest social media and video game firm Tencent tumbled over 10 percent, wiping almost $60 billion from its market capitalization after state-run Economic Information Daily likened online video games to...

Nissan and AESC to build $456 million EV battery plant in Japan

Envision AESC and Nissan will build a second car battery factory in two months, set to rise in Ibaraki Prefecture, with an initial investment of $456 million and an annual production capacity of six gigawatt-hours in...

NTT laments lost opportunity to showcase technology at Tokyo Olympics

Japanese companies like Nippon Telegraph and Telephone Corp. lament the missed opportunity for their products to take center stage with the lack of spectators in the Olympic games. NTT wanted to showcase its...

Toss offers free transactions amid growing online bank competition

Viva Republica would eliminate transaction fees for Toss users starting Monday, as it prepares to launch Toss Bank next month and gears up for growing competition with internet-only banks and other fintech firms. The...

S. Koreans complain of discrimination after Tesla suspends sales of Model 3 Long Range

South Koreans raised complaints against Tesla Inc. for discriminating against them after the US electric vehicle maker suspended sales of its Model 3 Long Range while continuing to sell it elsewhere. The Model 3 Long...

Politics

Joe Biden vaccine: US meets 70 percent vaccination rate

The Biden administration is increasing efforts to get Americans vaccinated in light of the surge in cases, especially of the Delta variant. This week, President Joe Biden has announced that the US has finally hit the 70...

Kamala Harris to promote Biden-Harris administration's 'America is Back' in upcoming visit to Singapore, Vietnam

US Vice President Kamala Harris will be making her next few overseas engagements this month in her upcoming visits to Singapore and Vietnam. Harris is expected to promote the new administrations message in her trips to the...

Kevin McCarthy faces further backlash from women's rights group over 'joke' of assaulting Nancy Pelosi

House Minority Leader Kevin McCarthy recently came under fire for his joke about hitting House Speaker Nancy Pelosi with a gavel should he become House Speaker in 2022. However, McCarthy is facing further backlash as a...

Capitol insurrection: Testimonies from Capitol police can help build criminal case against ex-POTUS Trump

Last week was the first hearing of the House Select Committee tasked with investigating the events of the Capitol insurrection last January 6. Following the testimonies of some of the injured law enforcement officials that...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

Honor Magic 3 benchmark result hints at the use of Snapdragon 888

The anticipated official launch of Honor Magic 3 is just a few days away, but leaks remain unstoppable. More recently, a Geekbench benchmark test result appeared online, possibly revealing what processing chip will power...

‘Clair de Lune' traveled to space to become the first NFT music to reach orbit

Claire de Lune, the popular classical music composed by French composer Claude Debussy, has a non-fungible token (NFT) version, and this digital file was flown to space. Traveling to orbit and reaching 125,000 miles...

Google Pixel 6 series to launch in 8 countries

Google has done something quite different for the announcement of the Pixel 6 series. Instead of waiting until fall to unveil the upcoming flagship devices, the company published a series of tweets that revealed their...

‘Fortnite’ adds DC’s Bloodsport and ‘Street Fighter’s’ Cammy and Guile this week

Epic Games is having one major collaboration after another this summer. Now, the world of Fortnite is having a crossover with some popular Suicide Squad members and a couple of fan-favorite Street Fighter...

Dolphin Entertainment, FTX announce tie-up to establish new NFT Marketplace

Dolphin Entertainment and FTX Trading Ltd., a crypto exchange company, have teamed up to create a new non-fungible token (NFT) marketplace. It was reported that the two will build and open the blockchain marketplace that...
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