US hits Chinese company over Venezuela internet curbs
Washington (AFP) - The United States on Monday imposed sanctions on a major Chinese electronics and engineering company for assisting Venezuela in curbing dissent on the internet.The US said it was restricting transactions with the China National Electronics Import and Export Corporation (CEIEC) and blocking assets of any firm in which the state-owned company holds 50 percent stake or higher.The Treasury Department said CEIEC provides expertise to Venezuela's state-owned telecom company, which has blocked independent media as well as livestreams by opposition leader Juan Guaido, who is recogni...
These are the top ten economies of 2020
We are nearing the end of 2020, and it is time to look at the top economies of the year. Understanding of the global economic landscape is important for investing, as well as from a business expansion point of view. Ranking economies as per their GDP (gross domestic product) is the best way to find out the top economies. GDP is basically the total monetary value of the goods and services that a country produces in a specific time period. Detailed below are the top ten economies of 2020.Q3 2020 hedge fund letters, conferences and moreTop ten economies of 2020The list of the top 10 economies in ...
Jay Ambrose: Put on the handcuffs, hide under the bed and stay there
We’ve never seen anything like it, have we — some state governments not just advising people on how to spend Thanksgiving with their families, but dictating how they do it or whether they do it at all? Here was totalitarianism unknown in American history, cops just maybe arresting you if there were too many people at the table, and it did not stop there.Some states have also dictated how many people can go to church despite precautions being taken. And, yes, it is totally proper to give advice, to say lives could be at stake from COVID-19 if large numbers were gathering in close proximity, and...
Tribune News Service
'Van Gogh Alive' brings multisensory art experience to the Dali Museum
ST. PETERSBURG, Fla. — Though painter Vincent van Gogh has been gone for more than a century, his work is alive and thriving in a multisensory exhibit now showing at the Dali Museum in St. Petersburg through April 11, 2021.“Van Gogh Alive” presents visitors a nearly 40-minute immersion in the Dutch post-impressionist’s work with more than 3,000 images projected at enormous scale and set to classical music. Though the exhibit doesn’t contain narration, the creative works reveal an artist who was passionate and expressive but deeply troubled.“In his 37 years, he painted abundantly enough to be p...
Toyota to launch 1st all-electric Lexus in Thailand
BANGKOK, NNA - Toyota Motor Corp. will launch its all-electric Lexus model for the first time in Thailand, following its debut in China, Europe and Japan earlier this year.The new Lexus UX300e, a compact crossover with an electric motor system, will carry a price tag of 3.49 million baht (about $115,000) and come in 13 exterior colors with delivery expected to start in March, the Japanese automaker said Friday.The first-ever all-electric Lexus vehicle went on sale in China in April, in Europe in September and in Japan the following month. It has a maximum driving range of 360 kilometers on a s...
NNA Business News
Japan, China welcome restart of business travel amid pandemic
Japan and China welcomed the restart Monday of reciprocal business travel, with expectations the easing of border controls and compulsory 14-day quarantine requirements will expedite the post-coronavirus recoveries of the world's second- and third-largest economies."It comes under difficult circumstances, but I expect the (resumption of travel) will contribute to promoting human exchanges," Japanese Foreign Minister Toshimitsu Motegi said in a message read at an online forum attended by former and current government officials and corporate executives from the two countries.Motegi's Chinese cou...
Australian PM condemns China for 'repugnant' fake war crimes tweet
Australian prime minister Scott Morrison has demanded an apology from China after a foreign ministry spokesperson tweeted what he called a "truly repugnant," fake image depicting an Australian soldier murdering an Afghan child.The digitally-altered image posted by China's foreign ministry spokesperson Zhao Lijian on Monday shows the soldier slitting the throat of an Afghan child with its head wrapped in an Australian flag."Shocked by murder of Afghan civilians & prisoners by Australian soldiers," Zhao tweeted alongside the image."We strongly condemn such acts, & call for holding them accountab...
China should try a softer tone
Chinese President Xi Jinping has been outspoken lately, taking advantage of the leadership vacuum in Washington where Donald Trump is still sulking after his election defeat and Joe Biden won’t take office for seven more weeks.Addressing the Group of 20 (G20) virtual summit in Riyadh on Nov 21 — Mr Trump also made a brief and unenthusiastic appearance — Mr Xi urged members to uphold free trade and oppose unilateralism and protectionism. The Chinese president also called for from major economies to promote more inclusive development and improve global governance in the post-pandemic era.“We sho...
The Bangkok Post
China factory activity edges up in Nov – official data
BEIJING: China’s factory activity grew at its fastest pace in over three years in November, official data showed Monday, as the world’s second-largest economy continued its recovery from the coronavirus.The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity in China, has largely rebounded following strict measures to curb the virus early in the year, coming in at 52.1 this month.This was higher than October’s reading of 51.4, and remains above the 50-point mark separating growth from contraction.The latest figures also bring the PMI data back to levels seen in September 20...
The Bangkok Post
INSIGHTS | What we learned from China’s World 5G Convention
At a major annual meeting, Chinese officials predict that ultra-fast 5G networks will deliver "digital economy" growth and new tech.