The Prime Minister of the Solomon Islands explicitly ruled out the presence of a Chinese military base in his country. In an interview with the Guardian, Manasseh Sogavare said such a deal would undermine security in the region and make the Solomon Islands an enemy of other countries in the Indo-Pacific region. He added that […]
Nocturnal natural phenomenon: A huge moon stands over Beihai Park in Beijing. While some admire the supermoon, it robs others of their sleep. The largest full moon of the year occurred because the distance between the earth and the moon is smaller than usual. A supermoon will also rise in August, but not as brightly […]
In Shanghai, about 2.7 million people in the Minhang district are forced into lockdown again. The district is planning a new round of mass testing on Saturday after nine positive Covid cases were detected in the metropolis of 25 million people. After the samples are taken, people are expected to be allowed to move freely […]
Samuel Sun is the new Managing Director and Chief Risk Officer of Value Partners Group. He succeeds David Wong, who left at the end of March after a short term. Sun will be based at the Hong Kong headquarters. He was previously Chief Risk Officer (Asia) at Manulife Investment Management. Prior to that, he was […]
World Oceans Day: Researchers transplant corals to the seabed off Fenjiezhou Island south of Hainan. Since 2004, scientists have been trying to revive the underwater world. Fenjiezhou is not far from the vacation hotspot of Sanya. Diving tourism and environmental pollution have taken their toll on the reefs. At least these activities seem to yield […]
In search of customers for its oil, Russia apparently sells the raw material to China at a knockdown price. The People’s Republic is to receive a 35 percent discount, reports EU Trade Commissioner Valdis Dombrovskis, as quoted by Bloomberg. China has become a major buyer of Russian oil in recent years. Its share of China’s […]
Due to strict Covid entry restrictions, China’s aviation industry suffered heavy losses last year. The Chinese aviation regulator estimates the losses in 2021 at the equivalent of almost €12 billion (¥84 billion), according to a Bloomberg report. The losses were mainly attributable to international air traffic, which came to a near standstill. In contrast, domestic […]
The German Bundestag wants to upgrade Taiwan’s status at the WHO. On Thursday, a corresponding motion by the SPD, CDU/CSU, Greens and FDP was adopted. In a resolution, the parliamentary groups had called on the German government to lobby the WHO to allow Taiwan to once again participate as an observer in the World Health […]
Only a small fraction of German companies in China are able to continue operations under current Covid measures. This was the result of a flash survey conducted by the Chamber of Foreign Trade in China. 460 companies took part in the survey at the beginning of May. Almost three-quarters are currently affected by more or […]