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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

Mastercard to enable partners to offer crypto products, services

Payments giant Mastercard has partnered with cryptocurrency exchange platform Bakkt to allow US merchants, banks, and fintechs to offer crypto solutions and services. Sherri Haymond, Mastercards executive vice president...

Coca-Cola launches bottles without a label in South Korea

The Coca-Cola Company unveiled its newest plastic bottles, and it is very noticeable that they have no label on them. These are said to be the first label-less Coke bottles in South Korea, and this was done for recycling...

LG vice chairman Kwon Young Soo assigned as new LG Energy CEO

Kwon Young Soo, vice chairman at LG Corp., has been given a new assignment in the company. He will be moving to LG Energy Solution as its new chief executive officer. LGES is one of LG Groups affiliates, so his transfer...

Pro-environment consumers, suppliers patronize 'ugly' fruits and vegetables

Pro-environment consumers and suppliers are patronizing ugly agricultural products that do not fit market standards to counter the practice of discarding them. Unsightly produce is now attracting a growing market as...

Columbia experiences cryptocurrency ATM boom

Colombia is currently experiencing a cryptocurrency ATM boom, keeping it in second place among Latam countries with the second-highest number of these ATMs at 50. Not so long ago, Columbia was in first place until El...

Politics

Capitol insurrection: Mark Meadows was reportedly a 'regular figure' in Jan. 6 rally planning

More details regarding the involvement of some individuals in Donald Trumps inner circle surrounding the Capitol insurrection have come to light. A new piece in Rolling Stone revealed that Trumps chief of staff Mark...

Nancy Pelosi says 'billionaire's tax' will fund Joe Biden's social infrastructure plan

A point of contention among Democrats in the social spending bill is the price tag as well as how the legislation would be funded. House Speaker Nancy Pelosi says that the party-led legislation would be paid for by...

Afghanistan faces food crisis, according to UN World Food Programme

Weeks since the Taliban took control of Afghanistan, the ramifications of the takeover left the country facing one crisis after another. According to the United Nations World Food Programme, Afghans are in the midst of a...

Jared Kushner reportedly in talks to receive $2 billion investment from Saudi Arabia for private equity firm

Former White House adviser and Donald Trumps son-in-law, Jared Kushner, has touted his visits to the Middle East over the years of Trumps presidency as part of his achievements. A recent report has revealed that Kushner is...

Science

S. Korean researchers develop Mediterranean diet that helps prevent cardiovascular disease

South Korean researchers have developed a Korean-style Mediterranean diet that helps prevent cardiovascular disease by reducing the proportion of carbohydrates while increasing the ratio of fat and protein. The diet...

LG Chem develops substance for creating cheaper, lighter plastic solar panel frames

LG Chem combined polycarbonate and acrylonitrile styrene acrylate (ASA) to develop LUPOY EU5201 to be used in plastic frames for solar panels. Consequently, LG has become the first in South Korea to develop plastic...

Owls used in helping California vineyards get rid of rodents

A Humboldt State University team is attempting to prove that owls can be an effective eco-friendly option at protecting grapes from rodent attacks. Graduate students at the universitys Department of Wildlife under...

S. Korean researchers develop process that uses agri-waste to produce biofuels, plastics

The Korea Institute of Energy Research (KIER) had developed an enzymatic process that uses agricultural waste to produce the 4-hydroxy valeric acid--an ingredient for biofuels and plastics. The KIERs enzymatic process...

France probes Nestlé, 100 other firms over bisphenol-A use

The French government is investigating 101 companies, including Nestlé, for not disclosing their use of bisphenol-A in food packaging. In its statement of objections, Frances competition authority accused the 101...

Technology

‘Horizon Forbidden West’ developers reveal new abilities and weapons

Horizon Forbidden West will not launch for a few more months, but Guerilla Games has announced some of the new skills and weapons Aloy will use in the sequel. The developer also explained how the difficulty in dealing with...

‘Call of Duty: Vanguard’ will mimic real weapons’ trigger weight with PS5 DualSense controller

Call of Duty: Vanguard is coming very soon, and Sledgehammer Games still has several gameplay details to reveal before the launch. The developer detailed in a blog post published on Monday how they were able to deliver an...

Samsung mysteriously brings back the rumored Galaxy S21 FE support page

Samsung may have given its fans a discreet nod that the Galaxy S21 FE is still in the pipeline. The company had silently brought back the support page rumored to be intended for the mid-range phone less than a month before...

Huawei Mate 50 series expected to launch in H1 2022

Huawei Mate 50 is expected to be one of the flagship smartphones to enter the market next year. Despite its absence this year, the company reportedly plans to launch the series in 2022 after receiving significant component...

Redmi Note 11 to feature 120W fast charging, Xiaomi confirms

Xiaomi is set to unveil the latest phones to join its Redmi brand. Thanks to a mix of leaks and official teasers from the company, tech fans now know that the Redmi Note 11 series is getting a new high-end model that...
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