DIRS.INFO The most relevant business & tech news

☆ China's property woes and U.S. sanctions have hit some cities hard
▼ + stars: | 2024-09-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

BEIJING — China's property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing's tech push, Milken Institute's best performing cities China index showed Tuesday. Since 2015, the index has studied China's large- and mid-sized cities for their economic vibrancy and growth prospects. The index looked at a group of 33 large cities and a group of 217 small cities, then ranked them separately. Historically, Wong pointed out, having control of Zhengzhou, Hefei, and Wuhan have been critical to ensuring control of the country. Correction: This story has been updated to reflect that there are 33 large cities and 217 smaller cities in the index.

Persons: Milken Institute's, Perry Wong, Wong Organizations: CNBC ., U.S, CNBC, Wuhan Locations: HANGZHOU, CHINA, China Vanke, Hangzhou, Zhejiang province, China, BEIJING, Zhejiang, Zhuhai, Guangdong, Hong Kong, Dongguan, The, Shenzhen, Beijing, Zhengzhou, Henan province, Hefei, Wuhan, Anhui, Central China's Hubei

☆ Consumer giants from Starbucks to General Mills have one big sales problem: China
▼ + stars: | 2024-08-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market. "Consumer sentiment in China is quite weak," McDonald's chairman, CEO and director Christopher Kempczinski, said of the quarter ended June 30. Apple said Greater China sales fell by 6.5% year-on-year in the quarter ended June 29. Procter and Gamble said China sales for the quarter ending late June fell by 9%. The only public disclosures regarding Peet's China business described it as "strong double-digit organic sales growth" in the first half of the year.

Persons: —, Christopher Kempczinski, McDonald's, Lei Meng, Apple, Johnson, that's, General Mills, Kofi Bruce, Mills, Andre Schulten, Procter, Gamble, Schulten, Marriott's, Domino's, DPC Dash, There's, James Quincey, Quincey, We've, Laxman Narasimhan, Luckin Organizations: Nurphoto, Getty, BEIJING, U.S, Nationwide, UBS Securities, General, Procter, Marriott, Asia Pacific, Starbucks Locations: Yichang, Hubei province, China, U.S, Canada, Greater China, Southeast Asia, Japan, South Korea, Asia, Peet's

☆ Squeeze on carry trades leave currency markets on edge
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: +3 min

The Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023. The yen was 1% lower on Tuesday at 145.78 per dollar in early trading, after rising for five straight sessions and touching a seven-month high of 141.675 on Monday. "Sell-offs that manifest themselves through wild swings in the currency markets are sharp and swift, but usually very short lived," said Jamie Cox, managing partner at Harris Financial Group. "Markets are clearly nervous about the divergent paths central banks are taking, leading to lots of volatility." The dollar index , which measures the U.S. unit versus six rivals, was flat at 102.87 in early trading after touching a seven-month low of 102.15 on Monday.

Persons: Jamie Cox, James Athey, undervaluation Organizations: U.S, Federal Reserve, Federal, Harris Financial, Traders, Bank of Japan, Marlborough Investment Management Locations: Yichang, Hubei province, recessionary, Japan, Switzerland, Tokyo

☆ Yen rises to 7-month highs as U.S. slowdown fears carry over
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +1 min

Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023. The selling continued on Monday, with U.S. Treasury yields falling further, stock indexes in the red and currencies slightly less volatile but down against the dollar and yen. The safe-haven and carry-funding favorite, the yen, was traded at 145.43 yen , up 0.8% versus the dollar, after hitting a mid-January peak of 145.28 in early deals. The euro was flat at $1.091, the dollar index was nearly flat too at 103.17 while the Australian dollar fetched $0.6495 and was down 0.25%. "The U.S. economy is showing signs of slowdown but it's not as bad as the market is pricing in."

Persons: Masafumi Yamamoto Organizations: U.S, Fed, Treasury, Mizuho Securities Locations: Yichang, Hubei province, Asia, Tokyo, U.S

☆ China’s deadly flooding moves north prompting top rainstorm alert
▼ + stars: | 2024-06-25 | by ( Lex Harvey | Fred He | ) edition.cnn.com time to read: +4 min

The region has been battered by heavy rainfall over the last week, causing deadly flooding and landslides that have killed at least 71 people, according to Chinese state media. Southern Guangdong province, an economic powerhouse home to 127 million people, is subject to annual flooding from April to September. Floodwaters immerse a rural road in Chongzuo, southern China, on June 23, 2024. An excavator works at the site of a landslide in Guizhou province, China on June 24, 2024. Local rivers rose a record 4.59 meters (15 feet), according to Chinese state broadcaster CGTN.

Persons: VCG, John Ricky, Xi Jinping Organizations: Hong Kong CNN, Publishing, China’s Meteorological Administration, Flood, Drought Relief, CGTN, Emergency, Reuters, Getty, CCTV Locations: Hong Kong, China, Southern Guangdong province, Guangdong, Hunan, Chongzuo, Chongqing province, Zhejiang, Hubei, Anhui, China’s, Jiangxi, Guizhou province, Changsha, Local, –, Meizhou, Guangdong province, Yuanlin county, Taoyuan county

☆ Chinese authorities used bubble wrap to secure a hand grenade kept by villagers for 20 years to smash nuts and hammer nails
▼ + stars: | 2024-06-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Chinese police said on Monday that they secured a grenade kept as a hammer by a villager in Hubei. A video published by police showed two men in T-shirts and hard hats putting the grenade in bubble wrap. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPolice in China's Hubei province said on Monday that they had confiscated a hand grenade kept by a 90-year-old villager for 20 years as a hammer for everyday use. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Authorities, Service, Police, Public Security, Business Locations: Hubei, China's Hubei, Baokang

☆ Finally, an answer to a mystery surrounding these 1,000-year-old trees
▼ + stars: | 2024-06-24 | by ( Tom Page | ) edition.cnn.com time to read: +6 min

A team of international academics successfully sequenced the genomes of each of the eight baobab species, examining their relationship with one another and concluded that they originated in Madagascar. "Avenue of the Baobabs" in Western Madagascar is one of the most spectacular collections of the unusual trees. Gavinevans/Creative CommonsOnly one baobab species is not included in the IUCN’s Red List of Threatened Species: A. digitata, which populates mainland Africa. The likelihood of finding fossil evidence to rubberstamp the conclusions of the genetic data is slim, Dr. Wan conceded. So perhaps these majestic trees may retain some of their mystery after all.

Persons: ”, Wan Jun, Nan, Wan, Seheno, Andriantsaralaza, “, Dr, Organizations: CNN, Biologists, Gardens, Royal Botanic Gardens, University of Antananarivo, Queen Mary University of London, IUCN, USAID Locations: Madagascar, Africa, Australia, Wuhan, Hubei, China, baobabs, Queen, Western Madagascar, “

☆ Chinese cities desperate for cash are chasing companies for taxes — some from the 1990s
▼ + stars: | 2024-06-21 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Last year, the soy milk seller made a net profit of only 209 million yuan ($29 million). And it’s still unsure how much it owes in fines, which could be potentially higher than the actual $11.7 million tax bill. Including fines, the company needed to pay a total amount of 480 million yuan ($66 million). The amounts paid vary from 8 million yuan ($1.1 million) to 310 million yuan ($43 million). It said in January that the Shenzhen government had asked for payment of 19.8 million yuan ($2.7 million) in back taxes for 2017 and 20.2 million yuan ($2.8 million) in fines.

Persons: they’ve, ”, Craig Singleton, Frank Tian Xie, ” Singleton, it’s, ” Bohui, “ Organizations: Hong Kong CNN — Authorities, Food & Beverage, Foundation for Defense of Democracies, Administration of Taxation, “ Police, Taxation, Centers ”, University of South, University of South Carolina Aiken, Ningbo Bohui Chemical Technology, Healthcare, ChinaLin Securities, Yixintang Pharmaceutical Group Locations: China, Hong Kong, Zhijiang, Hubei, Yichun, Jiangxi, University of South Carolina, “, ” Beijing, Ningbo, Qinghai, Golmud, Chongqing, Shanghai, Shenzhen

☆ China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +5 min

Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28. While the U.S. bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China. Contacted by Reuters, Nvidia said the tenders specify products that were exported and widely available before the restrictions. Daniel Gerkin, a Washington-based partner at law firm Kirkland & Ellis, said Nvidia chips could have been diverted to China without a manufacturer's knowledge, given a lack of visibility into downstream supply chains. It did not respond to subsequent questions about tenders that identified its products as a source of banned Nvidia chips.

Persons: Wong Yu Liang, Daniel Gerkin, Kirkland, Ellis, Clare Locke, Gigabyte Organizations: Nvidia, Getty, Super Micro Computer Inc, Dell Technologies Inc, Gigabyte Technology, Reuters, Chinese Academy of Sciences, Shandong Artificial Intelligence, Hubei Earthquake Administration, U.S, U.S . Commerce Department, Industry, Security, Super Micro, Dell Locations: China, U.S, Shandong, Hubei, Southwest, Heilongjiang, Washington

☆ Dollar firm, yen under watch ahead of key US CPI release
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +3 min

The Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023. The inflation data follows a strong jobs report last Friday that blew past forecasts, raising questions on how soon and how much the central bank will cut rates this year. On the yen, Wednesday's CPI data will be "a big test for Japanese authorities," Kong added. The U.S. dollar index , which measures the greenback against six rivals, held firm at 104.12. The kiwi climbed as high as $0.6077 versus the U.S. dollar, its strongest since March 21, before flattening at $0.60595.

Persons: Carol Kong, Kong, Kazuo Ueda, Sterling, bitcoin Organizations: U.S, Reserve Bank of New, Commonwealth Bank of Australia, Bank of Japan, Reserve Bank of New Zealand, U.S ., Treasury, Traders, European Central Bank, ECB Locations: Yichang, Hubei province, Reserve Bank of New Zealand, U.S, China

☆ 3 people died after being ripped from their high-rise apartments by freak wind storms in China, local reports say
▼ + stars: | 2024-04-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThree people died on Sunday in China's Jiangxi province after being torn from their high-rise apartments by heavy winds, local media reported. A neighborhood chat group message published by Jimu News and other regional media identified three of the deceased as a 64-year-old woman, her 11-year-old grandson, and another 60-year-old woman. Reporters from both outlets published photos of the neighborhood that showed apartments with missing glass facades and only mangled frames remaining. AdvertisementThe affected high-rise neighborhood in Nanchang was completed in 2015, per property listings of the area.

Persons: —, Wan, Liu, Xu, Li Mengping, Li Organizations: Service, Jimu, Business, CCTV, Red Star News, Nanchang Emergency Management Bureau, Weibo Locations: China's Jiangxi, Nanchang, Hubei, Beijing, Weibo, Chengdu, China

☆ Chen Xuyuan: China sentences ex-soccer chief to life in prison in latest crackdown on sports corruption
▼ + stars: | 2024-03-26 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

The ex-soccer chief, Chen Xuyuan, was jailed on Tuesday alongside multiple senior sporting executives, according to state media, following a months-long investigation. Five years later, the Chinese soccer association unveiled a plan to make the country a “world football superpower” by 2050. The Chinese men’s soccer team currently sits third in its FIFA World Cup qualify group, with four points, behind group leader South Korea, and second placed Thailand. Last Thursday, the team drew 2-2 with city-state Singapore, in a major blow to the country’s World Cup 2026 dream. The two sides face off again, on Tuesday, in what is being billed as a crunch match for underperforming China.

Persons: Chen Xuyuan, Xi, Chen, Yu Hongchen, Li Tie, “, ”, Chen Yongliang, Yu, Dong Zheng Organizations: Hong Kong CNN, league, Chinese Super League, Winter, men’s, soccer, FIFA World, South Locations: Hong Kong, Chinese, Hubei, Huangshi, China, South Korea, Thailand, Singapore

☆ Furry Slippers and Sweatpants: Young Chinese Embrace ‘Gross Outfits’ at Work
▼ + stars: | 2024-03-24 | by ( Claire Fu | Daisuke Wakabayashi | ) www.nytimes.com time to read: +1 min

When the weather turned cold in December, Cindy Luo started to wear her fluffy pajamas over a hooded sweatshirt at the office. Wearing cozy sleepwear to work became a habit and soon she didn’t even bother to wear matching tops and bottoms, selecting whatever was most comfortable. A few months later, she posted photos of herself to a “gross outfits at work” thread that had spread on Xiaohongshu, a Chinese app similar to Instagram. “I just want to wear whatever I want,” said Ms. Luo, 30, an interior designer in Wuhan, a city in Hubei Province. “I just don’t think it’s worth spending money to dress up for work, since I’m just sitting there.”

Persons: Cindy Luo, didn’t, ”, Luo, I’m Locations: China, onesies, “, Wuhan, Hubei Province

☆ Major companies in China are setting up their own volunteer armies
▼ + stars: | 2024-02-21 | by ( Laura He | ) edition.cnn.com time to read: +12 min

Hong Kong CNN —Chinese companies are doing something rarely seen since the 1970s: setting up their own volunteer armies. According to China’s Military Service Law, male militia members should be 18 to 35 years old. It was latest in a slew of militias established by major Chinese companies in the past year. After 1949, when the party took control of mainland China, the units were eventually embedded into governments, schools and companies. This can, in the long run, save the PLA resources by delegating some duties to militia forces to care for,” Heath said.

Persons: Xi, ”, Neil Thomas, Nuo Nuo, Huang Zhiqiang, Qilai Shen, Liu Jie, Mao Zedong, Mao, Timothy Heath, homebuyers, Heath, ” Heath, Willy Lam, Sam Yeh, ” Lam, China’s Organizations: Hong Kong CNN, CNN, People’s Armed Forces Departments, America’s National Guard, Communist, Asia Society, Center for, Communist Party, China Labour Bulletin, Foxconn, Yili, Armed Forces Department, China’s Military Service Law, People’s Liberation Army, PLA, government’s Communist Party, Inner Mongolia Autonomous, Bloomberg, Getty, Shanghai Municipal Investment Group, Construction Investment, Development, Defense Ministry, People’s Armed Police, Armed, Rand Corporation, Jamestown Foundation, Party, Taiwan Locations: China, Hong Kong, Center for China, Beijing, Zhengzhou, Henan, Hohhot, Inner Mongolia, Yili, Shanghai, Mengniu, Nantong city, Jiangsu, Huizhou city, Guangdong, Wuhan, Hubei province, People’s Republic, United States, Taiwan, Fangchenggang City, Guangxi, ”, PLA, Taiwan's, AFP

☆ Chinese Lunar New Year travel chaos as extreme weather leaves drivers stuck in cars
▼ + stars: | 2024-02-06 | by ( Marc Stewart | Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Beijing CNN —Blizzards and freezing rain have brought massive disruption to China’s peak Lunar New Year travel rush, leaving drivers stuck in cars on icy highways and passengers struggling to rebook canceled trains and flights. Sections of 90 major highways impacted by snow and ice were closed across China as of Tuesday morning, according to state-affiliated Beijing News. Others show crowds of stranded passengers in train stations, in one case with an announcement blaring: “No trains are leaving today. Tang flipped through his camera, where images showed piles of snow on both sides of the road and a long traffic jam. Another wave of precipitation is forecast through midweek slightly further south than the snow over the weekend, according to CNN Weather.

Persons: Yang Guang, Tang Zitao, Tang, ”, we’d, It’s Organizations: Beijing CNN, Visual China, CNN, Spring, CNN Weather Locations: China, Beijing, Hubei, Anhui, Wuhan, Henan province, Tang

☆ Heavy snow, rain threaten travel chaos during China’s Lunar New Year
▼ + stars: | 2024-02-01 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Heavy snow and rain is forecast to hit central and eastern China in the coming days, threatening travel plans for hundreds of millions of Chinese workers heading home for the Lunar New Year. However, Xu Jun, chief forecaster from the Central Meteorological Observatory, told CCTV the forecast snowfall won’t be as heavy or widespread as that experienced around the holiday season 16 years ago. “The rain and snow overlap with the peak period of Spring Festival travel. This has posed risks to safe (travel) and brought inconvenience to the transportation,” weather expert Wang Lijuan, from China Meteorological Administration, told CCTV. Xu, from the Central Meteorological Observatory, told CCTV freezing rain could affect many provinces over an area as wide as 43,000 square kilometers (16,600 square miles).

Persons: Xu Jun, Wang Lijuan, Xu Organizations: Hong Kong CNN, Central Meteorological Observatory, Meteorological, Festival, China Meteorological Administration, Central Meteorological Locations: Hong Kong, China, Hebei, Henan, Shandong, Liaoning, Hubei, Zhengzhou, China's, Xinjiang, Anhui, Weibo, Mohe, Heilongjiang

☆ Heavy Fog Suspends Shipping at Chinese Ports; Shanghai Issues Heightened Advisory
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - Heavy fog has suspended the operation of ships travelling through the Qiongzhou Strait off the coast of China's Guangdong province and several cities, including Shanghai, have issued warning advisories, Chinese state media reported on Wednesday. China has a three-tier colour-coded warning system for thick fog, with red being the most serious, followed by orange and yellow. CCTV also reported that more than 100 airports across the country issued haze and snow warnings. Heavy snow is also affecting several provinces, including Henan and Hubei, forcing the closure of several roads, CCTV reported. Chinese weather forecasters have warned that snow and freezing rain over the next several days is expected to hamper transportation for millions of Chinese as they travel across the country for the Chinese New Year.

Persons: Bernard Orr, Stephen Coates Organizations: Shanghai Central Meteorological Locations: BEIJING, Qiongzhou, China's Guangdong, Shanghai, Port, Guangxi, China, Henan, Hubei

☆ Boeing delivers 737 MAX jet to China, ending four-year freeze
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +1 min

A Boeing 737 Max 8 airplane of China Southern Airlines lands at Wuhan Tianhe International Airport as the Boeing 737 Max returns to passenger flying in China after a hiatus of nearly four years on January 13, 2023 in Wuhan, Hubei Province of China. It represents a vote of confidence for the planemaker during a difficult period for Boeing following a Jan. 5 mid-air cabin blowout during a full flight. Chinese imports of the MAX have been suspended since it was grounded worldwide in 2019 following two fatal crashes in 2018 and 2019. Safety bans have been lifted with existing MAX already flying inside China, but new deliveries had remained on hold. Boeing has faced increased scrutiny following the Jan. 5 mid-air incident on an Alaska Airlines flight.

Persons: Max, Nobody Organizations: Boeing, Max, China Southern Airlines, Wuhan Tianhe International, Alaska Airlines, FAA, Seattle Boeing Locations: China, Wuhan, Hubei Province, Seattle, Washington, Honolulu

☆ Dollar pares gains on soft U.S. inflation data
▼ + stars: | 2024-01-12 | by ( ) www.cnbc.com time to read: +3 min

The dollar index pared gains on Friday after U.S. producer prices unexpectedly fell in December, raising expectations of an early U.S. rate cut. That led traders to add to bets for a rate cut in the coming months. Fed funds futures now imply a 79% chance of a March rate cut, up from 73% on Thursday, according to the CME Group's FedWatch Tool. Traders maintained their view that a March rate cut is likely even after consumer price inflation data on Thursday came in above economists' expectations. The dollar index was last up 0.19% at 102.40.

Persons: Steve Englander, Englander, Martin Luther King Jr, Sterling, bitcoin Organizations: U.S, British, Global, Research, Standard Chartered Bank, Branch, Traders, U.S . Securities, Exchange Commission, Wednesday Locations: Yichang, Hubei province, U.S, Yemen, America, Zealand, Iran, Red, Gaza

☆ El Niño's 'sweet tooth' means indulgent treats could soon be even more expensive
▼ + stars: | 2023-12-25 | by ( Sam Meredith | ) www.cnbc.com time to read: +3 min

Futures contracts on orange juice , cocoa , coffee and sugar have soared in part because of extreme weather and supply concerns related to El Niño. "You can say El Niño has a sweet tooth because it sort of eats or takes away much of the sugar in the world," Carlos Mera, head of agri commodities market research at Netherlands-based Rabobank, told CNBC. "Sugar prices have probably already been passed on [to consumers] but certainly for chocolate we should expect a big increase at retail level — and El Niño is certainly something to watch." Joe Raedle | Getty Images News | Getty ImagesThe effects of El Niño tend to peak during December, but the impact typically takes time to spread across the globe. It also warned that several crops could be adversely affected by El Niño early next year, while acknowledging there is the potential for some crops to benefit, citing those in the United States, southern Brazil and Argentina.

Persons: El, Carlos Mera, El Niño, Joe Raedle, Dave Reiter, Reiter, Sia Kambou Organizations: Future Publishing, Rabobank, CNBC, Getty, Reiter Capital Investments, Twitter, Workers, Afp Locations: Yichang City, China's Hubei, Netherlands, El, Orange, Miami , Florida, Southeast Asia, India, Australia, Africa, United States, Brazil, Argentina, Florida, Hermankono

☆ A Chinese blogger went viral for lamenting the solitary lives of men in his nation: '50 years old and eliminated by society'
▼ + stars: | 2023-12-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A Chinese blogger has gone viral for asking if his male relative is "eliminated by society" at 50. No one comes to hang out with him, to eat or drink," the Shanghai blogger wrote. If you have money, it's better to have a good meal with your family," the blogger wrote of his relative's mindset. The man also doesn't take vacations, is uninterested in shopping and isn't bothered about getting promoted at work, BubblePisces wrote. BubblePisces wrote.

Persons: —, BubblePisces, it's, Zhang Fei, Yichuan Yuebai Organizations: Service, Weibo, Twitter, Business Locations: Shanghai, Hubei, Beijing

☆ China economy: PBOC governor says focus will be on ‘high-quality, sustainable’ growth
▼ + stars: | 2023-11-28 | by ( Laura He | ) edition.cnn.com time to read: +4 min

“High-quality, sustainable growth is far more important.”The country is moving away from manufacturing and real estate, its traditional drivers of growth, towards a newer economic model driven by consumption and services, he added. “I’m confident China will enjoy healthy and sustainable growth in 2024 and beyond.”His remarks come at a time when China is battling a protracted recession in its vast real estate sector. But the country’s real estate sector is still struggling with sluggish sales and falling home prices. “China’s real estate market is experiencing some adjustments,” he said. The regulators have also introduced a raft of measures to stabilise the real estate industry, including reducing mortgage rates for home buyers.

Persons: Pan Gongsheng, “, Pan, “ I’m, ”, Stringer Organizations: Hong Kong CNN, People’s Bank of, “, Getty Locations: Hong Kong, “ China, People’s Bank of China, China, “, Fuyang, China's, Anhui, AFP, Wuhan, Hubei

☆ China Launches Probe Into Surrogacy, Fake Paternity Tests in Wuhan
▼ + stars: | 2023-11-28 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

HONG KONG (Reuters) - Chinese authorities have suspended a hospital and a judicial institute in the city of Wuhan from conducting some services after they were accused of surrogacy and issuing fake paternity results. The suspension comes amid several investigations related to the issuance of fake birth certificates as China, where surrogacy is illegal, tries to boost its birth rate. Wuhan Puren Hospital has been suspended from releasing birth certificates and Wuhan Ruiboxiang Judicial Appraisal Institute has been suspended from providing judicial appraisal services, the Wuhan Municipal Health Commission said on Tuesday. Birth certificates are required in China for obtaining household registration and are necessary for vaccinations, medical insurance enrolment and application for a social security card. Birth rates have fallen in China to their lowest since records began in 1949, at just 9.56 million in 2022.

Persons: Farah Master, Stephen Coates Organizations: Reuters, Wuhan Puren, Wuhan Municipal Health Commission, China Daily Locations: HONG KONG, Wuhan, China, Wuhan Ruiboxiang, China's, Hubei, Beijing

LONDON, Nov 23 (Reuters) - Leading scientists urged caution over fears of another pandemic on Thursday after the World Health Organization requested more information from China on a rise of respiratory illnesses and pneumonia clusters among children. It called for more information about "undiagnosed pneumonia - China (Beijing, Liaoning)". The standard wording of the alert echoed the first-ever notice about what would become COVID-19, sent on Dec. 30 2019: "Undiagnosed pneumonia - China (Hubei)." Both the WHO and China have faced questions over transparency during the early days of COVID. In China itself, there has been a lot of recent coverage of a rise in respiratory illnesses, including among children.

Persons: Marion Koopmans, COVID lockdowns, Brian McCloskey, Virologist Tom Peacock, Jennifer Rigby, Jo Mason, Christina Fincher Organizations: World Health Organization, WHO, COVID, International Society for Infectious, FTV News, Reuters, Imperial College London, Thomson Locations: China, Dutch, Beijing, Liaoning, Hubei, Taiwan

☆ So many kids are falling sick in China that a children's hospital said it saw 13,000 cases in a single day
▼ + stars: | 2023-11-23 | by ( Matthew Loh | Kim Schewitz | ) www.businessinsider.com time to read: +6 min

Northern China is struggling with a wave of respiratory illnesses among its children. Cities like Beijing and Tianjin have been hit hard by cases of flu and pneumonia, hospitals said. Children wait on the stairs at a children hospital in Beijing on November 23, 2023, with some administered with drips. "All the children have respiratory illnesses." Children receive a drip at a children hospital in Beijing on November 23, 2023.

Persons: —, Liu Wei, Liu, imploring, JADE GAO, Mi Feng, they're, It's, JADE GAOJADE, Hu Xijin, Hu, David Heymann, Francois Balloux Organizations: Service, Beijing Aviation General, Management, drips, Getty, Changjiang, Health, Business, Global Times, Health Organization, London School of Hygiene, Tropical Medicine, UCL Genetics Institute Locations: Northern China, Cities, Beijing, Tianjin, China, Tianjian, Wuhan, Hubei, Chongqing, Weibo

Search resuls for: "Hubei"

25 mentions found