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COVID cases falling despite Chinese Lunar New Year celebrations

Published

1 year ago

February 1, 2023

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Chinese health experts are suggesting the mass migration of people across the nation has not resulted in a spike in COVID-19 infections

Instead, they’ve reported that the number of severe cases and deaths have dropped, with the end in sight for the huge wave of infections that the country has seen.

Beijing’s decision to let the virus rip across China following years of strict restrictions also sparked fears that the country would see the emergence of a new variant, which could potentially evade current treatments and vaccines.

The Chinese Centre for Disease Control and Prevention says that no new mutations of the virus have been discovered.

Doubts do remain about the accuracy of the data that is being reported by China in relation to the pandemic, and the country has only been reporting Covid deaths from patients in hospitals.

It is feared that many more people will have died at home, especially in more rural areas of China where it’s harder to get access to healthcare facilities.

There are also signs that China is returning to normality after years of disruption.

Government data shows a big increase inn tourism and hospitality activity compared to this time a year ago.

Domestic travel has also rebounded, with many people finally able to return home for the holidays for the first time since the pandemic began.

Now, with the holidays drawing to a close and many people returning to work across China, authorities will be keep a close eye on the data to see if there will be any increase in infections in the post Lunar New Year period.

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The EV transformation expands to legacy vehicles

Published

9 hours ago

April 29, 2024

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

Published

9 hours ago

April 29, 2024

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

Published

3 days ago

April 26, 2024

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss