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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

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...

China Crisis Series

China begins probe on Alibaba for anticompetitive behavior

Dec 25, 2020 23:53 pm UTC| Business

China has launched an antitrust investigation into Alibaba Group as part of an accelerating crackdown on anticompetitive behavior in Chinas internet space. It will summon the tech giants Ant Group affiliate for a...

China Crisis Series

US lawmakers to support $1.9 billion funding to 'rip and replace' Huawei, ZTE equipment

Dec 20, 2020 23:29 pm UTC| Business Politics

US lawmakers are expected to endorse $1.9 billion funding for a program to remove telecom network equipment deemed national security risks as part of a year-end spending bill. Lawmakers are also expected to back $3.2...

China Crisis Series

China fines Alibaba $76,500 for monopolistic behavior

Dec 14, 2020 21:03 pm UTC| Economy

Chinas State Administration for Market Regulation (SAMR) fined Alibaba $76,500 for increasing its stake in department store company Intime Retail Group to 73.79 percent in 2017 without seeking approval. Chinas market...

China Crisis Series

How popular is China in Africa? New survey sheds light on what ordinary people think

Nov 18, 2020 03:36 am UTC| Economy

Its been 20 years since the Forum on China-Africa Cooperation was first held. Another summit is planned for September 2021 in Dakar, Senegal. Meanwhile, Chinese and African officials are reviewing and reflecting on their...

China Crisis Series

China makes it hard for foreign businesses to work there -- but businesses keep chasing profits there

Oct 20, 2020 00:03 am UTC| Economy

Doing business in China can be a difficult and contentious proposition for companies in many countries. Yet even with charges of intellectual property theft, forced partnerships and tight restrictions on doing business,...

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Economy

Japan leans on Asian LNG production to lower purchase costs

Japan will support Asian countries liquefied natural gas (LNG) production for use in power generation in the hope of reducing procurement costs for the energy source. The efforts to lower purchasing costs and ensure...

S. Korea posts 3.71 million-ton fisheries output in 2020 to hit 4-year low

South Koreas fisheries posted a 3.71 million-ton output last year, down 3.8 percent from 2019 and marking the smallest since 2016, largely to sluggish aquaculture production and a fall in consumption. The output was...

Biden addressing computer chip shortage via executive order

US President Joe Biden will sign an executive order addressing a global semiconductor chip shortage that has forced US automakers and other manufacturers to cut production. Biden will also discuss the chip shortage...

Best Buy: Employees to get pandemic-related bonuses ahead of the layoffs

Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Facebook reached a deal with Australia after code amendments and will restore news pages

Facebook announced it would be restoring the Australian news pages that it blocked on Monday, Feb.22. The decision resulted from the talks between Mark Zuckerberg and the Australian officials. Australians revised the...

Politics

Kamala Harris to reportedly prioritize cybersecurity and global health in foreign policy platform

Vice President Kamala Harris is slowly working on her foreign policy portfolio in her calls to world leaders and officials. Officials have revealed that Harris plans to put cybersecurity and global health at the forefront...

Nancy Pelosi speaks with Israel PM Benjamin Netanyahu about two-state solution

There may have been some possible tension between President Joe Biden and Israels Prime Minister Benjamin Netanyahu, but Netanyahus recent conversation with House Speaker Nancy Pelosi was more on the optimistic side....

Joe Biden nominates three experts to USPS governing board

Among the setbacks that were experienced during the campaign season in 2020 was the delay in the mail by USPS. President Joe Biden recently nominated three people to serve in the agencys governing board in a move to...

Joe Biden overturns Donald Trump's orders against 'anarchist' cities

Shortly after his inauguration, President Joe Biden has done a series of reversals of the policies imposed by his predecessor Donald Trump. Biden has recently made another reversal of Trump-era policies in the form of...

Science

New CRISPR technology could revolutionise gene therapy, offering new hope to people with genetic diseases

The day a muddled mob stormed the US Capitol building, a team of American researchers published a paper in Nature that signified a landmark in gene therapy. The head of the US National Institutes of Health, Francis...

In the rush for coronavirus information, unreviewed scientific papers are being publicized

COVID-19 has not only upended our personal lives, it has dramatically changed scientific research. In response to the rapid spread of the virus, scientists around the world have had to find new ways to collaborate and...

The Oxford vaccine has unique advantages, as does Pfizer's. Using both is Australia's best strategy

On Sunday, federal Chief Medical Officer Professor Paul Kelly said most Australians will be offered a vaccine from Oxford-AstraZeneca. Australia currently has agreements in place to receive 53.8 million doses of the...

Oxford scientists: how we developed our COVID-19 vaccine in record time

The pandemic is only a year old, but we already have multiple vaccines available to fight COVID-19 including the vaccine developed by the team were part of at the University of Oxford. With our partner AstraZeneca, we...

What is a protein? A biologist explains

Editors note: Nathan Ahlgren is a professor of biology at Clark University. In this interview, he explains exactly what proteins are, how they are made, and the wide variety of functions they perform in the human...

Technology

‘Watch Dogs Legion’ TU 3.1 update prepares the game for online multiplayer mode

Watch Dogs Legion players can now patch the game with the Title Update 3.1 as it delivers several bug fixes. It is also packed with important data that will prepare the game for the release of the much-awaited online...

Microsoft fixes Xbox Live outage after several hours

Xbox Live is one of the most important features to anyone using Xbox One and Xbox Live Series X/S consoles. However, many users found out on Thursday that they were unable to log in to their accounts. Xbox Live outage:...

‘Final Fantasy 16’ has several modes for action-oriented and story-focused gameplay

Many details about Final Fantasy 16 are still under wraps, but producer Naoki Yoshida had recently shared how the upcoming title is different than its predecessors. The developer also hinted at the game having something to...

‘Doom Eternal’ director says he already thought about adding a female Slayer

The Doom franchise has introduced many well-loved playable characters over the years, but id Software has yet to add a female Slayer. However, one of the developers recently revealed that they have considered the idea and...

‘Starfield’ updates could be released in March, here’s why

Starfield remains one of the most awaited games even though fans know barely anything about Bethesdas new IP. However, a new set of rumors have emerged recently suggesting that Microsoft could hold an event in March where...
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