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China discourages “bride prices” to check fast-declining population

by AIP Online Bureau | Mar 4, 2023 | Eco/Invest/Demography, Facts

China’s population is shrinking for the first time in more than six decades in 2022, which is a serious demographic crisis for the country with significant implications for its slowing economy, CNN Business reported According to data surveyed in late January...

China asks state-owned firms to phase out use of Big four auditing firms over data security

by AIP Online Bureau | Feb 24, 2023 | Eco/Invest/Demography, International News, Risk Management

China is seeking to rein in the influence of the US-linked global audit firms and ensure the nation’s data security, as well as to bolster the local accounting industry, the people said. . Chinese authorities have urged state-owned firms to phase out using the four...

No new Covid variants emerged during China’s recent outbreak: Lancet study

by AIP Online Bureau | Feb 11, 2023 | Data, Eco/Invest/Demography, Health

”Our analysis suggests two known Omicron sub-variants – rather than any new variants – have chiefly been responsible for the current surge in Beijing, and likely China as a whole,” said lead author Professor George Gao, of the Institute of Microbiology at...
China’s economic slowdown can generate ripple effects across world: Report

China’s economic slowdown can generate ripple effects across world: Report

by AIP Online Bureau | Jan 27, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Observers were already talking about China falling into the middle-income trap and now, evidence has come to light that the country is finding it hard to keep its miracle of sustained higher growth rates anywhere closer to 10 per cent or more recorded during the late...

China says peak COVID infections exceeded 7 million daily, deaths more than 4,000 daily

by AIP Online Bureau | Jan 26, 2023 | Data, Health, Non-Life, Pandemic

However,there is great skepticism about the COVID data released by China and the World Health Organization (WHO) recently accused it of underplaying the seriousness of the pandemic by concealing the true nature of the situation in the country, the Hong Kong Post...
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