by AIP Online Bureau | Nov 15, 2022 | International News, Non-Life, Reinsurance
“Accelerated retirements (of coal plants) within the OECD and the collapse in the scale of new project proposals in the rest of the world have been counteracted by the ongoing expansion of the coal fleet in China,” said the PPCA, an international campaign aimed at...
by AIP Online Bureau | Nov 8, 2022 | International News, Non-Life
Tesla delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in September, according to the China Passenger Car Association last week Tesla Inc. said it has raised insurance incentives for car orders in China placed before Nov. 30,...
by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18% Meanwhile, the number of...
by AIP Online Bureau | Nov 4, 2022 | Eco/Invest/Demography, Health, International News, Non-Life
According to Africa Daily Digital, at least 31 cities in China are under lockdown, which has affected over 232 million people’s lives. The Universal Resort in Beijing too has been shut down as fresh cases of Covid are rising in the capital city Beijing: Chinese...
by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Workplace/Employee Benefits
China’s zero-tolerance approach to the pandemic has idled factories and up-ended supply chains. Closed loops enable companies to stay operational during lockdowns but take a toll on workers, whose movements are severely limited, with some even required to sleep on...
