“As the extension will expire at the end of this year, the European Chamber has continued to advocate for the continuation of this policy at both a central and local level,” he told the Post. “Foreign investors would likely reconsider or significantly reduce the number of cross-border assignments to China due to the additional financial burden.”
Day: July 9, 2023
One Dead as Japan Warns of ‘Heaviest Rain Ever’ in Southwest
Tokyo — One person is dead and three missing in landslides in southwestern Japan, authorities said Monday, as the country’s weather agency warned of the “heaviest rain ever” in the region. A 77-year-old woman was confirmed dead in a landslide that entered her home overnight in rural Fukuoka, the local fire department told AFP. Her husband was recovered conscious and taken to hospital. Three people were also missing after a landslide in Karatsu City, in Saga prefecture, which neighbors Fukuoka, local authorities there said. The Japan Meteorological Agency urged people…
Chinese scientists hope Alzheimer’s gene discovery will pave way for new treatments
However, these genetic defects occur in only about 10 to 20 per cent of familial cases, meaning that more genes and mechanisms that cause the disease remain unknown, according to the researchers from Capital Medical University’s Xuanwu Hospital in Beijing. Their new study, published in the peer-reviewed journal BMC Medicine on June 26, found a mutation in a different gene – named ZDHHC21 – that can also cause Alzheimer’s. Advertisement Jia Jianping, corresponding author of the study and a researcher at Xuanwu Hospital, said the impact of the discovery would…
China’s youth left behind as jobs crisis mounts
Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions for graduates to sell electric vehicles. Others seek “courageous” candidates or “attractive females” to sell medical equipment. But many of the jobs require 70 hours of work a week and command salaries as low as Rmb3,000 ($400) a month. Wang, a commerce graduate, struggles to get enthused. Zhengzhou, the industrial capital of a province of about 100mn people and home to the world’s largest Apple iPhone factory, ought…
North Korea Decries US Move to Bring Ballistic Missile Submarine to Peninsula
Seoul, South Korea — North Korea denounced on Monday what it called a move by the United States to introduce a nuclear-powered ballistic missile submarine to waters near the Korean peninsula, saying it creates a situation that brings a nuclear conflict closer to reality. North Korea also claimed U.S. reconnaissance planes recently violated its air space near the east coast, quoting an unnamed spokesperson of its Ministry of National Defense in a statement carried by the official KCNA news agency. “There is no guarantee that a shocking incident where a…
China’s foreign relations law signals new red lines, but doesn’t say what crosses them
But the concentration of the Communist Party’s power over diplomacy, the ambiguity of the law, and a lack of clarity about the definition of national security may create fresh barriers and uncertainty for overseas investors and business operations in China, pundits say. The law was the latest step in China’s general legalisation of national security, military and foreign affairs that began in the mid-2000s and accelerated under Chinese President Xi Jinping, according to Keith Hand, an expert on Chinese law at the University of California’s Hastings College of the Law.…
Myanmar comedy troupe uses online video income for charity
A comedy troupe in Myanmar uses income generated from videos to fund charitable initiatives, including supporting needy families and single mothers, members of the team told Radio Free Asia. The group, formed in 2021 in the central Sagaing region’s town of Kale is led by comedian Nau Sing, who moonlights as a taekwondo coach. The short videos are posted on Nau Sing’s Facebook and YouTube accounts, both of which have tens of thousands of followers or subscribers. Nau Sing told RFA’s Myanmar Service that the channel did not start out…
Treasury Secretary: US, China ‘Made Progress’ in Talks
The U.S. Treasury Secretary on Sunday finished a four-day trip to China. The visit aimed to ease tensions between the two countries as the relationship had taken a downturn in recent years. The two sides talked economics, a spy balloon, and climate change, but what came out of it? VOA’s Arash Arabasadi has more. Voice of America
Ron DeSantis says he will try to revoke China’s trade status if elected president
The Republican presidential candidate and Florida governor Ron DeSantis said on Sunday he would aim to revoke China’s permanent normal trade relations status if he won the White House next year. “I favor doing that,” DeSantis told Fox News. “I think we probably need Congress but I would take executive action as appropriate to be able to move us in that direction.” The Senate voted in 2000 to grant that status to China as it prepared to join the World Trade Organization. Any step to remove it would also need…
Hundreds Gather to Show Support for Thailand’s Pita Ahead of Vote for PM
BANGKOK — Hundreds of supporters of Thailand’s leading prime ministerial candidate Pita Limjaroenrat rallied in the capital on Sunday ahead of a parliamentary vote for a new prime minister next week. Pita, the leader of the progressive Move Forward Party, faces an uncertain path to the premiership despite scoring a stunning victory in May’s election that saw Thais reject nearly nine years of military-backed government. He now needs to secure support from an unelected Senate to become the premier to replace incumbent Prayuth Chan-ocha in the vote set for July…