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Israel's hi-tech industries' exports up 16.2 pct in Jan-May despite COVID-19

August 05, 2020

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Hi-tech start-ups in Israel welcome Chinese investment, but concerns are growing over the Asian giant’s influence in the sector. Photo: Alamy


JERUSALEM, July 30 (Xinhua) -- Israel's hi-tech industries' exports rose by 16.2 percent in the first five months of 2020 despite the COVID-19 crisis, according to a report released by the state's Central Bureau of Statistics on Thursday.


According to the report, Israeli hi-tech exports (excluding start-up companies) totaled 12.9 billion U.S. dollars in January-May, compared to 11.1 billion dollars in the first five months of 2019.


Of this, Israeli exports of computer programming, consultancy, data processing and web portals amounted to 9.4 billion dollars in January-May this year, an increase of 16.8 percent compared to a total of 8.05 billion dollars in 2019.


However, Israeli exports of scientific research and development (R&D) fell by 38.1 percent, from 4.2 billion dollars in January-May 2019 to 2.6 billion in the current year.


Exports of services from start-up companies fell from 2.3 billion dollars to just 259 million dollars in January-May, compared to the same period last year, a decline of 88.7 percent.


Exports of manufacturing, mining and quarrying services remained unchanged, while transportation services exports fell by 20.9 percent, and travel services exports fell by 50 percent.


Total Israeli exports in the first five months of 2020 amounted to 20.4 billion dollars, a decrease of 8.9 percent compared to 22.4 billion dollars in January-May 2019. 


Post Sources:

Xinhua Net

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Children between the ages of 10 and 19 can transmit COVID-19 within a household just as much as adults, according to new research published in the U.S. Centers for Disease Control and Prevention journal Emerging Infectious Diseases.

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U.S. researchers develop COVID-19 spike proteins to identify antibodies, prevent infection

July 20, 2020

Researchers at Texas A&M University are developing spike proteins that prevent the SARS-CoV-2 virus from binding to human cells, protecting people from future COVID-19 infections, according to a latest release of the university.

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Interview: Belt and Road Initiative contributes to global fight against COVID-19, says Serbian schol

July 20, 2020

China's role in fighting COVID-19 is immense, and its Belt and Road Initiative (BRI) will prove as key to mitigating negative effects caused by the pandemic globally, a Serbian scholar has told Xinhua.

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U.S. Navy teams deployed in Texas to combat COVID-19

July 20, 2020

U.S. Navy teams began to be deployed in Texas to help combat the spread of COVID-19, Texas Governor Greg Abbott said on Sunday.

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Hainan's actual use of foreign investment doubles in H1

July 20, 2020

Driven by the policy of a free trade port, the actual use of foreign investment in China's southern island province of Hainan continues to grow rapidly, statistics show.

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In Malaysia’s Musang King hub of Pahang, a stinky deal for small farmers could hit durian production

July 20, 2020

Prized for its sweet and creamy flesh, the Musang King or Mao Shan Wang durian is one of Malaysia’s most important exports, with 70 per cent of this fruit produced in the state of Pahang and sent to places like mainland China, Hong Kong and Singapore

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Coronavirus: e-commerce sales of China goods help pick up export slack amid pandemic

July 20, 2020

Sales of Chinese products to Europe, the United States, Australia, and New Zealand continue to grow through e-commerce channels despite a push by these countries to decouple from China economically.

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Australia beef exports ‘rescued’ after China ban by demand from US, South Korea

July 20, 2020

A slump in US beef production in May as a result of the coronavirus pandemic has "rescued" Australian beef exports hurt by a Chinese ban on four of its abattoirs, export data shows, though new demand is unlikely to last long term.

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China-ASEAN integration to deepen despite US disruption

July 17, 2020

With the novel coronavirus pandemic wrecking the global economy, economic ties between China and the Association of Southeast Asian Nations (ASEAN), as well as regional economic integration in Asia, will be enhanced despite the US' interruptions in the South China Sea amid its intensifying presidential election season.

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What cards could China play in response to UK’s Huawei ban?

July 17, 2020

When the UK made the unwise decision to join the US' politically driven crackdown on Chinese telecom giant Huawei based on fabricated "national security risks," it seemed to be ready to take the countermeasures from China even at the cost of the interests of the UK's businesses.

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China to become "export destination country number one" for Germany: IW

July 17, 2020

While the situation in many of Germany's export markets continued to deteriorate, "the Chinese economy is already looking ahead with cautious optimism."

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U.S. approaches half million new COVID-19 cases each week: report

July 17, 2020

The United States is approaching half a million new COVID-19 cases each week, according to a report of The COVID Tracking Project released on Thursday.

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EU earmarks 2.2 bln euros for 140 transport projects to kick-start recovery

July 17, 2020

The European Union (EU) has earmarked almost 2.2 billion euros (2.5 billions U.S. dollars) for 140 key transport projects, which will help support sustainable transport and create jobs, according to a press release from the European Commission on Thursday.

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Brazil registers over 75,000 deaths from COVID-19

July 17, 2020

Brazil registered 1,233 new deaths from COVID-19 in the last 24 hours, bringing the nationwide count to 75,366, the country's health ministry said Wednesday.

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Pakistan repatriates 221,279 nationals due to COVID-19: foreign ministry

July 17, 2020

Pakistan said on Thursday that 221,279 nationals had been repatriated who were stranded abroad due to the COVID-19 outbreak.

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Japan, Germany vow to deepen cooperation on COVID-19 vaccine development

July 17, 2020

Japanese Prime Minister Shinzo Abe and German Chancellor Angela Merkel held talks on Thursday, with both sides agreeing to cooperate on the development of an effective vaccine to tackle the COVID-19 pandemic.

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New York Governor blames federal government's "incompetence" for COVID-19 spread in New Yo

July 17, 2020

New York State Governor Andrew Cuomo said Thursday that the federal government's "incompetence" in managing the COVID-19 crisis failed New York, which became the first epicenter of the outbreak in the United States in March.

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Battered by Covid-19 and trade war, Hong Kong’s exporters brace for impact as US strips city of trad

July 17, 2020

Hong Kong exports to the US had already dropped 22.3 per cent by volume over the first five months of this year. Photo: Winson WongHong Kong exports to the US had already dropped 22.3 per cent by volume over the first five months of this year.

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Ecuador guarantees ‘necessary procedures’ to ensure safety of exports to China

July 16, 2020

Ecuador has promised China that it will perform the "necessary procedures" to guarantee the safety of exported products, the Embassy of the Republic of Ecuador in China told the Global Times on Wednesday.

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China's GDP likely expanded 2-3% in Q2

July 16, 2020

High-frequency data such as industrial power consumption and raw steel production are pointing to a stronger June industrial performance that could result in the Chinese economy returning to positive territory with a growth rate of 2-3 percent in the second quarter, Chinese analysts said Wednesday.

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Spotlight: Moderna to start final clinical trial for COVID-19 vaccine in late July

July 16, 2020

U.S. biotech company Moderna plans to begin its final phase of testing for its COVID-19 vaccine on July 27, according to details posted Tuesday on government database clinicaltrials. gov.

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Wells Fargo announces 2.4-bln-USD Q2 loss amid pandemic

July 16, 2020

Major U.S. multinational bank Wells Fargo & Company has reported a net loss of 2.4 billion U.S. dollars for the second quarter of 2020, compared with a net income of 6.2 billion dollars for the same period last year.

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Non-food retailers in Germany likely to lose 40 bln euros in sales in 2020

July 16, 2020

The non-food retail sector in Germany could lose 40 billion euros (45.77 billion U.S. dollars) in sales in 2020, shrinking by four percent year-on-year even if there was no second wave of COVID-19 in the country, the German Retail Federation (HDE) announced on Wednesday.

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Indonesia records trade balance surplus of 1.27 bln USD in June

July 16, 2020

Indonesia's trade balance in June 2020 showed a surplus of 1.27 billion U.S. dollars with the export value of 12.03 billion U.S. dollars and the import value of 10.76 billion U.S. dollars, according to the Central Agency of Statistics.

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S. Korea's import price rises for 2 months on higher oil price

July 16, 2020

South Korea's import price rose for two straight months on higher global crude oil price, central bank data showed Wednesday.

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Laos to boost export of agricultural products to China

July 16, 2020

The Lao government is cooperating with different sectors and entrepreneurs to improve the quality of agricultural products in order to increase exports to China.

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China plans Greater Bay Area airport cluster by 2025

July 16, 2020

China aims to finish the building of a world-class cluster of airports in the Guangdong-Hong Kong-Macao Greater Bay Area by 2025, according to a new plan released by the Civil Aviation Administration of China.

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Prospects of Thailand's rice export in H2 "not too bright" amidst sluggish global demand:

July 16, 2020

The Thai Rice Exporters Association on Wednesday said in a press briefing that Thailand's rice export prospects would not look too bright in the second half of the year amid sluggish global demand hit by the COVID-19 crisis.

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China's exports, imports up in June

July 15, 2020

China saw its foreign trade rise 5.1 percent year on year in June, with exports and imports up 4.3 percent and 6.2 percent respectively, official data showed Tuesday.

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Commentary: China's foreign trade growth boosts hope for world economy

July 15, 2020

The latest customs data shows that China's foreign trade has gained steady recovery from the COVID-19 pandemic as the imports and exports both rose remarkably year on year in June.

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China's travel agencies to resume trans-provincial tours

July 15, 2020

Travel agencies in China have been given permission to resume group tours that cross provincial borders, following a period of suspension due to the COVID-19 epidemic, the Ministry of Culture and Tourism said in a circular on Tuesday.

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Global oil demand to record historic growth in 2021: OPEC

July 15, 2020

The Organization of the Petroleum Exporting Countries (OPEC) predicts that global oil demand will register a historic high growth of seven million barrels per day (b/d) in 2021, although it will remain far below the pre-COVID-19 level.

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Clinical trial results show experimental COVID-19 vaccine in U.S. safe, generating immune response

July 15, 2020

An investigational COVID-19 vaccine, mRNA-1273, was generally well tolerated and prompted neutralizing antibody activity in healthy adults, according to interim results published online Tuesday in The New England Journal of Medicine.

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Feature: Sales of bikes up in Turkey as alternative to public transport amid COVID-19

July 15, 2020

In a bicycle shop in Ulus district of Ankara, Turkey's capital, a bicycle dealer was discussing with a potential buyer about using the bike to avoid the public transportation during the COVID-19 pandemic.

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Brazil's COVID-19 death toll tops 74,000 as nearly 2 mln people infected

July 15, 2020

Brazil on Tuesday reported 1,300 deaths from the novel coronavirus (COVID-19) in a single day, taking its death toll to 74,133.

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Thai economy unlikely to return to levels seen before COVID-19 pandemic until 2022: Thai Central Ban

July 15, 2020

Thailand's central bank on Tuesday said in a press briefing that Thailand's economic activities are unlikely to return to levels seen before the COVID-19 pandemic.

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Los Angeles County reports highest single-day increase of COVID-19 cases

July 15, 2020

The Los Angeles County Department of Public Health Tuesday confirmed 4,244 new cases of COVID-19 and 2,103 people are currently hospitalized, both at record levels.

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Economic Watch: China's foreign trade beats estimate in H1 as economy recovers

July 15, 2020

China registered better-than-expected foreign trade performance in the first half of the year, with exports and imports both rising in June, as the country's economic recovery gathers momentum amid further containment of COVID-19.

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China vows efforts to further restore hog production

July 14, 2020

China will continue to boost the production of hogs in an effort to keep the price of pork stable, the Ministry of Agriculture and Rural Affairs said Monday.

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Cross-border e-retailer shrugs off COVID impact

July 14, 2020

DHgate leverages diversified tools and strategies for growth amid headwinds Cross-border e-commerce is expected to play a bigger role in revitalizing foreign trade and accelerating the digitalization push of traditional small and medium-sized enterprises as the country steps up efforts to mitigate the COVID-19 outbreak's effect on trade activities, industry insiders said.

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China’s trade economy roared back to growth in June, as coronavirus lockdowns eased abroad

July 14, 2020

China's trade economy roared back to growth in June, with exports and imports both recovering from the coronavirus lockdown, data released on Tuesday showed.

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Becoming the next Asian export powerhouse

July 14, 2020

Bangladesh's export sectors have been witnessing an unprecedented time due to the Covid-19 pandemic. The novel coronavirus has swept through the entire landscape of global economy including Bangladesh.

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Myanmar's foreign trade reaches over 28 bln USD in 10 months of FY 2019-20

July 14, 2020

The total trade between Myanmar and foreign countries reached over 28.3 billion U.S. dollars in ten months of present fiscal year (FY) 2019-2020, according to figures released by the Commerce Ministry on Monday.

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S.Korea's ICT export rises in June on demand for computers

July 14, 2020

South Korea's export of information and communications technology (ICT) products rose last month thanks to demand for computers and back-up memory units, a government report showed Monday.

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Chinese banking sector's assets up 9.8 pct

July 14, 2020

The total assets in China's banking sector continued to expand in the first half of the year while the industry's non-performing ratio saw a slight increase as the economy faced headwinds.

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Russia's COVID-19 cases up 6,537 to 733,699

July 14, 2020

Russia has registered 6,537 new COVID-19 cases in the last 24 hours, bringing its total to 733,699, the country's COVID-19 response center said in a statement Monday.

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Singapore’s economy shrinks by over 40 per cent in Q2, entering recession

July 14, 2020

Singapore’s export-focused economy sharply contracted in the second quarter according to early estimates released by the trade ministry, sending the city state into a technical recession and putting it on track for its worst economic showing since independence.

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In China’s manufacturing hub of Dongguan, a sock maker struggles to keep his factory from folding

July 14, 2020

After nearly three decades, Lin Danru, 54, fears that his sock factory’s days are numbered. Export orders have dried up amid the coronavirus pandemic.

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Australia exports to China remained strong in May despite rising political tensions

July 14, 2020

Despite rising tensions between China and Australia, overall trade between the two countries has remained steady, with some sectors even posting increases, the latest export data and sector updates showed.

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Xinjiang's Alataw Pass handles over half China-Europe rail-freight in H1

July 14, 2020

The customs authority at Alataw Pass, a major rail port in northwest China's Xinjiang Uygur Autonomous Region, handled a total of 2,128 China-Europe freight trains during the first half of the year, the authority said.

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China's mobile phone shipments reach 28.63 mln units in June

July 14, 2020

China's mobile phone shipments stood at 28.63 million units in June, down 16.6 percent year on year, data from the China Academy of Information and Communications Technology (CAICT) shows.

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Mandatory masks, Mickey at a distance as Walt Disney World reopens

July 13, 2020

Walt Disney Co welcomed a limited number of guests to its two most popular parks at the sprawling Orlando complex, the world's most-visited theme park resort, with a host of safety measures designed to reassure visitors and reduce the chances of catching the sometimes deadly virus.

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Australia keen on penning RCEP trade pact this year despite disputes with China

July 13, 2020

Australia has reaffirmed its commitment to signing the Regional Comprehensive Economic Partnership (RCEP) trade agreement despite rising political tensions with China – a key supporter of the treaty – possibly paving the way for a new platform for trade-conflict resolution between the two countries.

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China loans hits record US$1.73 trillion in first half of 2020 after strong June as coronavirus reco

July 13, 2020

New bank lending in China rose 22.3 per cent in June from May as authorities continued to boost credit and ease policy to get the world’s second-largest economy humming again after a sharp coronavirus-induced contraction.

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Coronavirus, US-China trade war see 95 per cent of American firms wanting to ditch Chinese suppliers

July 13, 2020

Jaded by two years of trade war tariffs, worried by the disruptive coronavirus pandemic and anxious about the crumbling US-China relationship, a vast majority of American buyers are looking to shift their supplier base away from China, new research shows.

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China's largest fresh water lake hits record-high water level

July 13, 2020

Poyang Lake, China's largest freshwater lake located in the eastern province of Jiangxi, has seen its water level rise to a record high at midnight Sunday, according to the provincial department of water resources.

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Tianjin Port posts rise in cargo throughput in H1

July 13, 2020

China's Tianjin Port saw cargo throughput rise 1.7 percent year on year to 208 million tonnes in the first half of this year, according to the Tianjin Port (Group) Co., Ltd.

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Cross-border trade settlement in renminbi at 3.08 trillion yuan in H1

July 13, 2020

Renminbi-denominated cross-border trade settlement hit 3.08 trillion yuan (about 440 billion U.S. dollars) in the first half of the year, central bank data showed Friday.

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China's farm produce trade deficit expands in Jan.-May

July 13, 2020

China's trade in agricultural products reported a deficit of 36.67 billion U.S. dollars in the first five months of 2020, up 20.6 percent year on year, official statistics show.

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China's excavator sales surge 62.9 pct in June

July 13, 2020

China's excavator producers reported surging sales in June, foreshadowing a quick demand recovery amid construction boom in the country, industrial data showed.

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China's consumer inflation rises slightly to 2.5 pct in June

July 13, 2020

China's consumer inflation remained generally stable in June under the country's continued efforts toward economic recovery, official data showed Thursday.

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Argentina should explore more business opportunities abroad to increase exports: FM

July 13, 2020

Argentine Foreign Minister Felipe Sola said here Saturday that the country should explore more business opportunities abroad to increase exports.

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U.S. state of Florida sets new record for daily coronavirus cases

July 13, 2020

The U.S. state of Florida reported 15,299 new coronavirus cases Sunday, shattering not only its own previous single-day records, but also those of any other state as the pandemic continued to rage in the country.

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Australia to reimpose six-week coronavirus lockdown in second largest city as country battles potent

July 10, 2020

Strict lockdown measures are to be reimposed in Australia's second largest city, as authorities scramble to prevent a second wave of coronavirus infections spreading across the country.

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China's autonomous fishing moratorium a milestone for global ocean governance

July 10, 2020

China recently started a three-month fishing moratorium on parts of the high seas in the southwest Atlantic and east Pacific.

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Chinese gourmets rescue New Zealand lobster export trade, with reopening of restaurants bringing sur

July 10, 2020

New Zealand exports of live lobster are surging as Chinese gourmets return to restaurants.

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Exports of Chinese "stinky" noodles soar in H1

July 10, 2020

Exports of Luosifen, an iconic dish known for its pungent smell in the southern Chinese city of Liuzhou, registered remarkable growth in the first half of this year, data from Liuzhou Customs showed Thursday.

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LATAM Brasil files for bankruptcy protection in U.S. citing pandemic impact

July 10, 2020

LATAM Airlines Brasil, the second-largest carrier operating in Brazil, said Thursday it filed for Chapter 11 bankruptcy protection in the United States amid the financial impact of the COVID-19 pandemic.

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German exports in May still far below pre-crisis level

July 10, 2020

German exports in May recovered by 9 percent compared with the previous month and reached 80.3 billion euros (91 billion U.S. dollars), the Federal Statistical Office (Destatis) announced on Thursday.

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Macao's land containerized cargo grows 45.8 pct in May

July 10, 2020

The gross weight of containerized cargo by land to Macao in May grew 45.8 percent year-on-year to 1,953 tonnes, the special administrative region's statistic service said on Sunday.

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Vietnam's footwear export down in H1

July 10, 2020

Vietnam raked in over 8.1 billion U.S. dollars from exporting footwear between January and June, witnessing a year-on-year decline of 6.7 percent, according to the Ministry of Industry and Trade on Tuesday.

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Vietnam imports less steel in first 6 months

July 10, 2020

Vietnam spent more than four billion U.S. dollars importing roughly 6.8 million tons of steel and iron in the first six months of this year, down 16.3 percent in value and 5.4 percent in volume against the same period last year.

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Feature: Demand for natural foods boosts New Zealand honey export

July 10, 2020

Stronger demand for natural foods during the COVID-19 pandemic has created a boom of honey industry in New Zealand, the national apiculture industry organisation Apiculture New Zealand told Xinhua on Wednesday.

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Vietnam's wood, woodwork export up slightly in H1

July 10, 2020

Vietnam earned nearly 5 billion U.S. dollars from exporting wood and wood-based products in the first half of this year, up 2.4 percent against the same period last year, according to the Vietnam Administration of Forestry on Wednesday.

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Vietnam's plastic import volume up 5.3 pct in 6 months

July 10, 2020

Vietnam imported more than 3.1 million tons of plastic worth roughly 3.9 billion U.S. dollars in the first six months of this year, posting a year-on-year rise of 5.3 percent in volume and decrease of 11.1 percent in value, according to its Ministry of Industry and Trade on Wednesday.

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China’s car sales still showing signs of growth as world’s largest market recovers from coronavirus

July 09, 2020

China’s car sales continued to recover in June, the China Passenger Car Association said on Wednesday.

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Chinese academics claim US has started cold war as tensions simmer over South China Sea, Xinjiang, T

July 09, 2020

The United States is launching a cold war against China, according to almost two thirds of Chinese researchers in a survey conducted by a Beijing-based think tank.

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Pressure on China’s manufacturing sector fell in June as coronavirus impact eased

July 09, 2020

Pressure on China’s manufacturing sector eased in June following the impact of the coronavirus pandemic, data released on Thursday showed.

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New duty-free policy unveiled to stimulate consumption in South China’s Hainan

July 09, 2020

A newly updated duty-free policy was officially implemented in South China’s island province Hainan starting from July 1, one month after a master plan was released aiming to build the province into a globally influential high-level free trade port.

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China’s factory activity grows for 4 straight months, gaining recovery momentum: foreign media

July 09, 2020

China’s factory activity expanded at a stronger pace in June, signaling that the country’s economic recovery is gaining momentum, The Wall Street Journal reported on June 30.

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China, Russia vow firm mutual support

July 09, 2020

BEIJING, July 8 (Xinhua) -- Chinese President Xi Jinping and his Russian counterpart, Vladimir Putin, held a phone conversation on Wednesday, vowing that the two countries will firmly support each other in safeguarding sovereignty.

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Trudeau concerned by reported U.S. threat of tariffs on Canadian aluminum, steel

July 09, 2020

Canadian Prime Minister Justin Trudeau said Wednesday that he is concerned about reports that the United States is considering reimposing tariffs on Canadian aluminum and possibly steel.

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Brazilian meat plants lose court case against EU import ban

July 09, 2020

The General Court of the European Union (EU) on Wednesday dismissed a case filed by two Brazilian meat producers who cried foul over the 2018 decision by the European Commission not to allow their products to be imported into the EU for public health reasons.

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Spotlight: U.S. steps up COVID-19 vaccines, therapies development as caseload tops 3 mln

July 09, 2020

The U.S. National Institute of Allergy and Infectious Diseases (NIAID) announced the establishment of a new clinical trials network on Wednesday aiming to step up vaccines and monoclonal antibodies testing, as the country's confirmed COVID-19 cases surpassed 3 million.

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Malaysia’s palm oil firm Sime Darby probes allegations of labour abuse

July 09, 2020

Malaysia's Sime Darby Plantation on Wednesday said it would look into “serious allegations” of forced and child labour conditions in its estates, after a Hong Kong-based activist group petitioned the US Customs to ban imports of its palm oil.

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US lighting company Alpan joins an exodus of manufacturers leaving China to get around higher tariff

July 08, 2020

​Alpan Lighting Products, a US manufacturer of solar lamps, is shifting production from China to Indonesia, joining droves of companies looking to escape higher tariffs triggered by the trade war with the US.

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Severe backlog in Europe-bound trains at Chinese border, as coronavirus increases rail freight volum

July 08, 2020

A Chinese rail freight operator has cut cargo services to central Europe amid a backlog of trains waiting at the Chinese border to leave the country, the 21st Century Business Herald reported on Saturday.

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Thailand has Asia’s gloomiest economic forecast as tourism and exports hit hard by coronavirus

July 08, 2020

Thailand has been cited as a success story in containing the coronavirus outbreak, having gone more than 40 days without any local transmission of Covid-19. Yet its economic outlook is the darkest in Asia.

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US coronavirus stimulus reignites China’s criticism of dollar hegemony, but no alternative seen any

July 08, 2020

The US economic policy response to the coronavirus crisis and the threat of financial sanctions on China have reinvigorated criticism in Beijing over the US dollar hegemony, but few analysts see a viable alternative currency emerging any time soon.

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Israel's forex reserves hit all-time high of over 147 bln USD

July 08, 2020

JERUSALEM, July 7 (Xinhua) -- Israel's foreign exchange reserves hit a new record of 147.33 billion U.S. dollars at the end of June, according to data released by Israel's central bank on Tuesday.

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White House eyes 1 trln USD for next COVID-19 relief bill: official

July 08, 2020

WASHINGTON, July 7 (Xinhua) -- The White House expects the next COVID-19 relief bill to cost about 1 trillion U.S. dollars and wants Congress to pass the legislation by the first week in August, a top aide to U.S. Vice President Mike Pence said on Tuesday.

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Italy to cut red tape, speeding up economic recovery amid coronavirus emergency

July 08, 2020

ROME, July 7 (Xinhua) -- Italian Prime Minister Giuseppe Conte unveiled a simplification plan on Tuesday aimed at bringing the country quickly out of the coronavirus emergency through massive infrastructure spending, among other measures.

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U.S. has notified UN chief of withdrawal from WHO: spokesman

July 08, 2020

The UN secretary-general is in the process of verifying with the World Health Organization whether all the conditions for the withdrawal of the United States are met, a spokesman said.

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Central gov't office for safeguarding national security in Hong Kong inaugurated

July 08, 2020

HONG KONG, July 8 (Xinhua) -- The Office for Safeguarding National Security of the Central People's Government in the Hong Kong Special Administrative Region (HKSAR) was inaugurated here on Wednesday morning.

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Brazilian President Jair Bolsonaro tests positive for COVID-19

July 08, 2020

Bolsonaro campaigned for continued economic activity and often appeared in public without a face mask and disregarded social distancing.

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Europe-bound freight trains from China's Yiwu increase by 151 pct in H1

July 07, 2020

The number of Europe-bound freight trains departing from the city of Yiwu in east China reached 296 in the first half of this year, up 151.1 percent year on year

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China's university exam begins after virus delay

July 07, 2020

Almost 11 million students began taking China's university entrance exam Tuesday after a delay as the country worked to bring down coronavirus infections.

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China's Wuhan ups flooding response level to second highest

July 07, 2020

Wuhan, capital of central China's Hubei province, on Monday upgraded its emergency response for flood control from Grade III to Grade II, the second-highest of the four-tier system.

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Supply chains need revamp as virus takes toll: Japan trade ministry

July 07, 2020

The coronavirus pandemic has wreaked havoc on global supply chains and the international community must come together to prevent such crises in the future, Japan's annual white paper on trade said Tuesday.

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India should not make a bad situation with China worse

July 07, 2020

As an emerging country in South Asia, India relies on geopolitical peace, as well as investments and know-how from its giant northern neighbor China, to grow its still backward economy.

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Forum focuses on China-Arab strategic ties

July 07, 2020

The 9th ministerial meeting of the China-Arab States Cooperation Forum is held via video link on July 6, 2020. Mutual support reflects close bonds, cooperation between China and Arab countries

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Saudi Arabia has raised import tariffs and value-added tax (VAT) by 10% from July 1st

July 06, 2020

Last month, Saudi Customs decided to raise import duties on some goods from June 10, 2020. The list of goods subject to higher import duties covers more than 2,600 tariff codes, covering more products such as electrical and mechanical products in the home appliances and automobile industries, as well as steel products.

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US not on EU’s initial ‘safe list’

July 02, 2020

The European Union (EU) has excluded the US from its initial "safe list" of countries from which the bloc will allow non-essential travel from Wednesday.

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52 countries welcome China's adoption of law on safeguarding national security in HongKong

July 02, 2020

Speaking at the 44th session of the United Nations Human Rights Council on Tuesday, Cuba on behalf of 52 countries welcomed the adoption of the law on Safeguarding National Security in the Hong Kong Special Administrative Region by China's top legislature.

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India bans TikTok, dozens of other Chinese apps

July 02, 2020

The Indian government on Monday evening said it was banning 59 apps developed by Chinese firms over concerns that these apps were engaging in activities that threatened “national security and defence of India"

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U.S. begins to pare back Hong Kong’s special status

June 30, 2020

The United States began eliminating Hong Kong’s special status under U.S. law on Monday, halting defense exports and restricting the territory’s access to high technology products as China prepares new Hong Kong security legislation.

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Reviewing the Various Aspects of Significant Controllers Register in Hong Kong

June 29, 2020

The Companies (Amendment) Ordinance 2018(“CAO”) came into operation on 1 March 2018. One of the basic requirements of this ordinance is every company incorporated in Hong Kong must keep a significant controllers register (“SC Register” or “SCR”).

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New wave of coronavirus China could originate from imported salmon

June 18, 2020

The European Commission says China has not banned salmon imports, but supermarket shelves in Beijing have been cleared of foreign fish and meat.

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RMB: The Best Currency For China Trade

June 18, 2020

According to Barclays Capital, the investment banking division of Barclays PLC, more British retailers are paying in yuan to achieve cost savings of up to 8 percent.

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Hainan Free Trade Port, China's ambitious step towards further opening up

June 09, 2020

Beijing’s latest attempt to reinvent the sleepy tropical island as a massive free-trade port have drawn suggestions that it is trying to replace Hong Kong as the trading entrepôt for multinational companies trying to tap the mainland’s manufacturing base or consumer market.

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