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World News
Italy Steps Back from China’s Belt and Road Project”
Italy has formally pulled out of China’s Belt and Road infrastructure initiative, putting an end to its involvement over four years after being the only G7 nation to join. The decision, communicated to Beijing recently, underscores Italy’s aim to keep diplomatic channels open. Prime Minister Giorgia Meloni, a vocal critic, saw the initiative as a means for Beijing to wield…
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Health & Fitness
Global Watch: China’s Pneumonia Outbreak Unveiled for a Worldwide Audience
A Startling Surge in Respiratory Illnesses In a puzzling turn of events, China finds itself grappling with a sudden surge in reported respiratory illnesses, echoing alarm bells across the nation. The crescendo of concerns began with China’s National Health Commission sounding the alert on November 13, revealing a spike in cases that has inundated hospitals and led to extensive waiting…
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Business
Foxconn Slapped with $2,800 Fine in China’s Probe
Chinese tax authorities slapped a 20,000 yuan ($2,800) fine on a Foxconn subsidiary for inflating expenses. The unit in Wuhan got dinged for sketchy accounting of R&D costs in 2021 and 2022. China’s broadening its probe into the iPhone maker’s operations, checking tax matters in Guangdong and Jiangsu, and land use in Hubei and Henan, Blomberg reported Notably, Foxconn’s founder,…
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