China growth chart

Since the outbreak of the pandemic, more than 50 leaders of African countries expressed sympathy and support for China via phone calls or statements. As African was stricken by the virus, China was the first country to rush in with assistance. China sent expert teams to 15 African countries, started the construction of the new headquarters of the Africa Centers for Disease Control and Prevention ahead of schedule, and pledged that once the development and deployment of COVID-19 vaccine is completed in China, African countries would be among the first to benefit. … [Read more...] about China, Africa to further upgrade bilateral cooperation in 2021

Such a model helps avoid periodic crises that a capital-dominated society faces and helps realize sustainable growth and social stability. American companies have profited most from the past 40 years of "super-globalization" but this has not helped the US achieve sustainable social stability. In contrast, China has achieved sustainable economic growth and social stability over the past few decades, which is to a large extent attributed to its mixed economic system. China has not only created enormous wealth but also lifted more than 800 million people out of poverty. This is the result of cooperation between the market and the government. … [Read more...] about China doesn’t follow Western trajectory

But the fact that no EU member state intervened to block the accord in the final stage of talks underscores the all-around support they have given to the pact. Any politician with vision can understand how European companies stand to benefit from easier access to the Chinese market and the immense development opportunities that will accrue from that. … [Read more...] about Investment deal will deliver tangible benefits to both sides and the world: China Daily editorial

In breakdown, agricultural and sideline products processing companies reported 169.35 billion yuan in combined profits, up 8.9 percent year on year, while that of liquor, beverage and tea manufacturers rose 5.6 percent year on year to 208.02 billion yuan, MIIT data showed. … [Read more...] about China’s food industry continues steady profit growth

BEIJING, Jan. 17 (Xinhua) -- The total output value of the animation and mobile game industries in Beijing exceeded 100 billion yuan (about 15.43 billion U.S. dollars) in 2020, up 32 percent year on year, according to Beijing Animation and Game Industry Alliance. … [Read more...] about Beijing sees robust growth in animation, mobile game industries in 2020

According to the Chinese Foreign Ministry, countries including Pakistan, Cambodia, Myanmar and Laos have agreed with China to build a community with a shared future to strengthen bilateral ties. At the regional level, the Association of Southeast Asian Nations, African countries, Arab states and Latin American and Caribbean nations have reached consensuses with China on the initiative. … [Read more...] about Xi’s vision still resonates after 4 years

London (CNN Business)It's report card season for Corporate America. Companies are starting to release their earnings for the fourth quarter of last year, and so far it doesn't look like many blue chip stocks are going to get a passing grade. There's good news though: 2021 is likely to be a lot better. … [Read more...] about Corporate earnings don’t look great. But the drought may be over soon

At present, the regional and international situation has entered a period of turbulence and change. Both China and ASEAN countries believe that to ensure lasting peace and prosperity in East Asia, real multilateralism must be supported and practiced. At the same time, the countries should also be on guard against all kinds of pseudo-multilateralism, Wang said. Enditem … [Read more...] about Roundup: Visit to Southeast Asian countries boosts solidarity against pandemic, development cooperation: Wang Yi

Consequently, the so-called "self-imposed US restrictions" are in fact based a common understanding that suits both the US and China. Pompeo then, by playing the victim card, by suggesting that the US has somehow gone against its own interests for over 40 years, is being disingenuous. In fact, should Nelly Craft have gone to Taiwan on an official basis, the US would have been acting in bad faith by breaking the three Sino-US joint communiques agreed on by the People's Republic of China (PRC) and the US … [Read more...] about Why the US won’t allow Pompeo’s Taiwan gambit to succeed

The AC Hardhat is just as it sounds: a hardhat with air conditioning built in to keep you cool. It sounds really smart, ideal for working on job sites and in construction outdoors during hot and humid weather. It uses Peltier thermoelectric solid-state cooling that produces air to cool down the scalp, which can then help cool your entire body. The hat with the battery weighs about a pound and runs on three AH lithium-ion battery that offers up to two hours of run-time. … [Read more...] about 8 Weirdest and Dumbest Products of CES 2021