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China and Germany must cooperate to help stabilise the world against pandemic and economic woes, says Wang Yi
Chinese Foreign Minister Wang Yi said Germany’s China policy under the new government should remain pragmatic and should further cooperation that brings “positive expectations” for the countries’ ties.
China’s voluntary pension funds lose US$10.9 billion amid equity-market volatility, pointing to need for more investor choice
China’s voluntary employee pension funds reported a 2.8 per cent loss in the first quarter as bets on the stock market blew up amid a slump, highlighting the impact of market volatility and indicating a need for a more market-oriented fund-management approach as Beijing reforms its massive pension system.
Clock ticking for Hong Kong woman in dire need of heart transplant, doctor warns, as patient’s husband appeals for donor
The dire plight of a 65-year-old Hong Kong woman at the top of a waiting list for a heart transplant has turned the spotlight back on the public’s reluctance to support organ donation.
Ukraine war: China on alert as sugar shortage signals new front in global food crisis
Anxiety about a looming global food crisis has ratcheted up a notch as spillovers from the Ukraine war spread from grain to sugar, while export restrictions imposed by many countries are expected to keep driving up prices.
Climate risks could cut profits at HSBC, Standard Chartered and other banks by 15 per cent, Bank of England says
HSBC, Standard Chartered and other British-based banks and insurers could see their annual profits fall by 10 per cent to 15 per cent if they fail to address climate risks in a timely fashion, according to a stress test conducted by the Bank of England.
Climate change: China’s planned coal mines undermine phase-out pledge, adding to greenhouse-gas emissions, researcher says
China’s pipeline of 169 new coal mines could add around 10 per cent to the nation’s mining capacity in coming years, rather than reducing the fossil fuel as Beijing has pledged, according to Global Energy Monitor (GEM).
China launches world’s first giant floating fish farm
China has launched the world’s first giant floating fish farm that can produce 3,700 tonnes of fish every year – an output similar to Chagan, one of the country’s largest freshwater lakes, state news agency Xinhua reported.
Beijing and Manila need new ideas to manage South China Sea differences: experts
Beijing and Manila need to come up with new ideas to narrow their differences in the South China Sea, according to experts at a virtual conference on Wednesday.
Smoking prevalence rate drops to new low of 9.5 per cent in Hong Kong, but ‘significant’ increase in use of e-cigarettes
Hong Kong’s smoking prevalence rate has dropped to a new low of under 10 per cent, but the usage frequency of e-cigarettes has increased “significantly” by nearly 1.5 times in the past two years.
New NFT platform from Visual China, the country’s top photo licensing site, targets overseas users on Ethereum
Visual China Group (VCG), the country’s largest stock photo and video provider, is testing an overseas platform for non-fungible tokens (NFTs) that supports cryptocurrency, which is strictly banned in mainland China.
