China

Tiny Genetic Change Lets Bird Flu Leap to Humans

           

At least six provinces have reported human cases of H7N9 influenza this year, according to Chinese state media - Getty Images

CLICK HERE - STUDY - Nature Communications - An NS-segment exonic splicing enhancer regulates influenza A virus replication in mammalian cells

bbc.com - March 21, 2017

A change in just a single genetic "letter" of the flu virus allows bird flu to pass to humans, according to scientists.

Monitoring birds for viruses that carry the change could provide early warning of risk to people, they say . . .

 . . . The change in a single nucleotide (a building block of RNA) allows the H7N9 virus to infect human cells as well as birds, say Prof Honglin Chen and colleagues.

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China Halts Import of North Korean Coal Until End of Year

wsj.com - February 19th 2017 - Chuin-Wei Yap

China banned all coal imports from North Korea starting Sunday, a move that steps up a prohibition Beijing enacted last year and comes as recent actions by Pyongyang test relations between the two allies.

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Hard to Detect, China Bird Flu Virus May Be More Widespread

           

A quarantine researcher checks on a chicken at a poultry farm in Xiangyang, Hubei province, China, February 3, 2017. Picture taken February 3, 2017. REUTERS/Stringer

reuters.com - by Dominique Patton - February 17, 2017

Bird flu infection rates on Chinese poultry farms may be far higher than previously thought, because the strain of the deadly virus that has killed more than 100 people this winter is hard to detect in chickens and geese, animal health experts say.

Poultry that have contracted the H7N9 strain of the avian flu virus show little or no sign of symptoms. That means any infection is only likely to be detected if farmers or health authorities carry out random tests on a flock, the experts said.

But in humans, it can be deadly.

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China's Science Revolution

Prof Peng Bo

Image: Prof Peng Bo

bbc.co.uk - May 23rd 2016 - Rebecca Morelle

China is super-sizing science.

From building the biggest experiments the world has ever seen to rolling out the latest medical advances on a massive scale and pushing the boundaries of exploration from the deepest ocean to outer space - China’s scientific ambitions are immense.

Just a few decades ago the nation barely featured in the world science rankings. 

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What everyone needs to know about China’s debt load

It needs a bit of work. (Reuters/Chance Chan)

Image: It needs a bit of work. (Reuters/Chance Chan)

qz.com - May 4th 2016 - Matt Phillips

Few have watched the development of the Chinese economy as closely as Arthur Kroeber.

His new book, published last month, is a wide-ranging and authoritative primer on the history and development of China’s unique blend of decentralized economic authoritarianism.

It’s an idiosyncratic system, developed in defiance of the advice of western-trained economists in the wake of the collapse of the Soviet Union.

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Mounting debts could derail China plans to cut steel, coal glut

Workers are seen at Shuangyashan Mine, owned by Longmay Group, in Shuangyashan, Heilongjiang province, in this March 15, 2016 file picture. REUTERS/Brenda Goh/FilesI

mage: Workers are seen at Shuangyashan Mine, owned by Longmay Group, in Shuangyashan, Heilongjiang province, in this March 15, 2016 file picture. REUTERS/Brenda Goh/Files

reuters.com - March 22, 2016 - David Stanway

China's campaign to slim down its bloated industries could be derailed by more than $1.5 trillion of debt in its steel, coal, cement and non-ferrous metal sectors, which threatens to overwhelm local banks.

Tackling industrial overcapacity has become a priority for Beijing to make its slowing economy more efficient and address a supply glut that has hammered coal and steel prices.

China is providing more than 100 billion yuan ($15 billion) in the next two years to handle layoffs from coal and steel, but that will only be made available once debts have been settled.

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China's Mobile Payment Revolution Is Going to Africa

          

BLOOMBERG VIA GETTY IMAGES

huffingtonpost.com - by Claire van den Heever - February 26, 2016

CAPE TOWN, South Africa -- With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China's enormous mobile payment market. . . .

. . . Africa's largest lender by assets, Standard Bank, has opted for a more direct route: joining forces with WeChat to secure a piece of Africa's growing mobile payment market. The Standard Bank-backed WeChat Wallet was launched in November 2015 in the continent's most industrialized nation, South Africa, and gives users access to a variety of the Chinese version's most popular offerings, including peer-to-peer money transfers and in-app payments for taxis and other services.

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China Is Headed for a Debt Meltdown Like the U.S. in 2008 - But Worse

               

Empty apartment developments stand in the city of Ordos, Inner Mongolia on September 12, 2011. MARK RALSTON/AFP/Getty Images) | MARK RALSTON via Getty Images

huffingtonpost.com - by Robert Hockett - January 8, 2016

World attention has focused in recent months on an acute refugee crisis occasioned by the mass migration to Europe of hundreds of thousands now fleeing the Syrian civil war. Less noticed has been another refugee crisis at least as ominous as that underway in the Middle East and Europe -- the fleeing of money from China.

What's going on, and why is it ominous? . . .

. . . where Chinese money is going -- to U.S. real estate and other asset markets. . . .

. . . First, it is fueling new real estate bubbles in the U.S. . . .

. . . Second, the shift of investment flows from Chinese to American assets is placing downward pressure on Chinese currency values, and will place upward pressure on the dollar -- yet again. This will ultimately worsen America's trade balance with China, harming America's own economic recovery and fueling mutual Chinese-American resentments -- possibly culminating in financially destabilizing competitive currency devaluations, trade war, or both. . . .

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Global Stock Markets Dive on China Worries

         

The index was at the lowest level in nearly three months.  Associated Press

Wall Street has continued the rout on global share markets, with the Dow Jones, S&P 500 closing down more than 1.5% and Nasdaq down 2%.

bbc.com - January 4, 2016

It followed sharp falls in China, where trading on the main stock markets was halted early after indexes tumbled 7%.

A survey indicating China's manufacturing sector contracted again last month was blamed for the falls. . . .

. . . On Wall Street, all 10 major S&P sectors were lower, led by the 2.4% fall in the technology sector. Bank stocks were also hard hit, with JP Morgan down 3.65%.

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(ALSO SEE RELATED ARTICLES WITHIN THE LINKS BELOW)

CLICK HERE - The Guardian - US stock markets open with worst performance since 2008

CLICK HERE - Huffpost Business - China Halts Trading After 7 Percent Plunge

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China to end one-child policy and allow two

bbc.com - October 29th 2015

China has decided to end its decades-long one-child policy, the state-run Xinhua news agency reports.

Couples will now be allowed to have two children, it said, citing a statement from the Communist Party.

The controversial policy was introduced nationally in 1979, to slow the population growth rate.

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