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Report: Asia recorded 17% rise in piracy, armed robbery in 2020
SINGAPORE, Jan 16 (Xinhua): A total of 97 incidents of piracy and armed robbery were reported in Asia in 2020, representing a 17 percent rise in the total number of incidents from the year of 2019, according to a report released here.
U.S. imposes fresh sanctions on Iran in final days of Trump presidency
WASHINGTON (Reuters) - The United States on Friday imposed sanctions on companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.
Trump administration accused of deception in pledging release of vaccine stockpile
NEW YORK/LOS ANGELES (Reuters) - The governors of several states accused the Trump administration on Friday of deception in pledging to immediately distribute millions of COVID-19 vaccine doses from a stockpile that the U.S. health secretary has since acknowledged does not exist.
Medical glove exports face more delays amid shipping container shortage
KUALA LUMPUR (Reuters) - Malaysia's medical glove makers face weeks of delays in delivering products to customers abroad due to a global shortage of shipping containers, hampering their ability to meet demand during the coronavirus crisis, industry officials said.
China's tracking ship Yuanwang-7 sails to Indian Ocean
NANJING, Jan. 15 (Xinhua) -- China's spacecraft tracking ship Yuanwang-7 is sailing to the Indian Ocean, beginning its first maritime monitoring mission this year.
Amazon keeps buying pricey jets after promising a drone fleet
Amazon.com Inc is opening warehouses and shipping hubs in the US at the rate of about one every 24 hours. The ultimate aim is to ensure that virtually every product the company sells is a van ride – and eventually a drone flight – away from customers’ homes.
Amazon makes it too hard to cancel Prime, groups tell FTC
A coalition of public interest advocates is asking US regulators to investigate whether Amazon.com Inc violates consumer protection laws with its process for canceling Prime subscriptions.
China to greenlight RCEP in six months
BEIJING, Jan 15 (China Daily/ANN): China will complete the necessary domestic approval procedures for the Regional Comprehensive Economic Partnership agreement within six months, the Ministry of Commerce said on Thursday.
China to see robust export growth in 2021: UK think tank
LONDON, Xinhua, Jan 15 -- Ended 2020 on a positive note, China's exports are expected to see continued growth in 2021 amid positive global economic outlook, a study released by the British thinktank Oxford Economics said Thursday. The study was issued as China's official data showed earlier in day that the country's total goods imports and exports expanded 1.9 percent year-on-year to 32.16 trillion yuan ($5 trillion) in 2020, hitting a record high despite a worldwide slump in shipments. In December alone, exports surged by 10.9 percent year-on-year in yuan terms, according to figures released by the Chinese General Administration of Customs. "Exports ended 2020 on a positive note, registering strong y/y growth in December and for Q4 (the Fourth Quarter) as a whole," said the Oxford Economics, adding that demand for high tech and other electronic products also picked up in Q4. "Looking ahead, current trends and the positive global economic outlook imply robust export growth in 2021," said the thinktank. China emerged from the global economic and trade challenges in 2020 as the world's only major economy to have registered positive growth in foreign trade in goods, GAC spokesperson Li Kuiwen told a press conference in Beijing on Thursday. During the first 10 months of last year, the country's foreign trade and exports accounted for 12.8 percent and 14.2 percent of the world's total, respectively, both reaching historic highs, Li said, citing data from the World Trade Organization and available national statistics. The Oxford Economics said it believes that the outlook for exports in China remains positive, given the favourable global growth forecast, and "the return to global economic growth should underpin solid export growth in 2021." Apart from the exports, the British thinktank also said that import growth picked up in December too, resulting in faster growth in Q4 compared to the previous quarter. "We think goods imports will expand significantly in 2021, underpinned by strong domestic demand," said the thinktank, noting that it "anticipate imports of capital goods will outperform those of commodities (in 2021)." The Chinese economy is expected to grow by 2 percent in 2020, the World Bank Group said in its latest Global Economic Prospects. The reading is low given China's stellar record, but will still make the country the only major economy to emerge with positive growth. "With little sign of another COVID wave, the Chinese economy is firmly recovering from the pandemic shock, based on the November 2020 edition of the National Institute of Economic Review," Mao Xuxin, principal economist at the National Institute of Economic and Social Research, a London-based economic thinktank, told Xinhua. Mao said that there are three main forces behind the Chinese economic recovery from the second quarter of 2020, including the rise in industrial production, exports increase supported by the high demand for medical and electronic products, and the recovering business confidence across the factory and services. Asked about the economic outlook of the country in 2021, Mao said China's economy is projected to grow by more than 7 percent, adding that "the 'dual circulation' strategy (in which domestic and overseas markets reinforce each other with the domestic market being the mainstay) unveiled in 2020 will reduce China's heavy dependence on global high-tech products and move it up in the global value chain."
CES 2021: Smart pet door gives dogs home alone the freedom to go outside
While cats are often free to roam, using a cat flap to come and go in and out of their owners’ homes at will, dogs tend to be more reliant on the good will of their owners to let them out. Now, dogs too can enjoy a taste of freedom thanks to a new smart animal door – or Pet Portal – that’s connected, automatic and can be activated remotely.