The Eurasian penduline tit is often called the MacGyver of birds – thanks to its ingenious nesting skills. It doesn’t just stick together twigs, but weaves an elaborate pouch from plant fibers, spider silk and animal hair. Some nests even feature a decoy entrance to confuse predators. The real entrance can be sealed off when […]
Taiwan is expected to release updated civil defense instructions for its population next week in the event of air raids. According to Reuters, citing security officials and internal planning documents, the guidelines draw on lessons learned from the experiences of Ukraine and Israel.The updates will reportedly offer advice on how civilians should respond to air […]
The outbreak of a new war in the Middle East, together with a destructive tariff war, makes for a lethal combination in a sluggish world economy. Notwithstanding the possibility of a tentative ceasefire, the odds of imminent global recession have increased sharply.One shock was bad enough. US President Donald Trump’s tariffs, wherever they eventually settle, […]
Zou Jiayi becomes President of the Asian Infrastructure Investment Bank (AIIB). She will take over the five-year position from Jin Liqun in January. Zou was previously Vice Minister of Finance. She is to increase the lender’s presence in the most important global financial centers. The AIIB was founded in 2016 as a Chinese alternative to […]
China issued guidelines on Wednesday aimed at boosting consumption through financial instruments. The aim is to promote employment and increase household incomes in order to boost domestic demand.The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain to raise funds […]
China strongly condemned the US attack against Iran’s nuclear facilities. This is what the Chinese Foreign Ministry wrote in a short statement published on Sunday evening.“The actions of the US seriously violate the purposes and principles of the UN Charter and international law, and have exacerbated tensions in the Middle East.” China urges all parties […]
Jeffery Ma will become the new President Greater China at Finnish multinational sporting goods manufacturer Amer Sports on July 1. He succeeds John Yao, who is taking on a new management role outside the company. Ma was previously CEO of sporting goods manufacturer Zhongqiao Sports and has also worked for Topsports and Adidas. He will […]
The lotus blossom rises from muddy waters and yet remains immaculately beautiful. This is why it is considered a symbol of purity, enlightenment and immortality in China. During the blooming season, thousands flock to parks and gardens every year to admire the natural spectacle, such as here at Xuanwu Lake Park in Nanjing, Jiangsu.
A new payment system went live on Sunday, allowing users in Hong Kong and mainland China to send money across the border. By midday on Sunday, almost 10,000 transactions had been authorized via “Payment Connect,” according to a spokesperson for the Hong Kong Monetary Authority (HKMA), as reported in the South China Morning Post.The new […]
The expanded version of the BRICS+ alliance will meet for the first time in July. It now comprises eleven members. Ethiopia, Egypt, Iran, Saudi Arabia, the United Arab Emirates and Indonesia have been added. It now accounts for around 28 percent of global economic output (at current prices and exchange rates) and around 48 percent […]
