From Sydney to Shanghai: China’s luxury retirement homes draw millions from investors

Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the city’s far west, paying $US220,000 ($300,000) to rent a two-bedroom apartment for 15 years. “It is more like a resort,” Tang said after viewing the Ardor Gardens showroom, which highlights amenities including an indoor swimming pool, […]

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SHANGHAI (Reuters) – China will provide funding to build new institutions and infrastructure to fight infectious diseases and improve healthcare, the state planning body said in a “five-year plan” for the sector.FILE PHOTO: Residents receive vaccines against the coronavirus disease (COVID-19) at a makeshift vaccination site in Guangzhou, Guangdong province, China June 21, where to […]

Bitcoin slides to $32K, China cracks down again

Bitcoin could hit Tim Draper’s $250K prediction by end of 2022: Market executive Blocktower CEO Matthew Goetz shares his outlook for crypto market movement. Bitcoin and other cryptocurrencies are taking a beating on Monday after China renewed its crackdown.  The world's largest digital currency by market cap fell to the $32,000 level in choppy trading […]

EU-China investment deal is still possible — but not before 2023, analyst says

Neil Thomas, China analyst at Eurasia Group, said it's "more probable than not" that an investment pact between the European Union and China will be ratified. But both sides may wait until 2023 at the earliest to do so, Thomas added. The deal, called the Comprehensive Agreement on Investment, has been put on the back-burner […]

China ‘out of step with international norms’: Economic law, policy expert

China ‘out of step with international norms’: Clete Willems Former National Economic Council Deputy Director and Akin Gump Strauss Hauer & Feld partner Clete Willems discusses China and foreign sanctions.  Former National Economic Council Deputy Director and Akin Gump Strauss Hauer & Feld partner Clete Willems, while discussing China's new anti-foreign sanctions law on FOX […]

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A man in China caught the first case of H10N3 bird flu ever reported in a human, China’s National Health Commission (NHC) announced Tuesday (June 1). The H10N3 strain of avian influenza normally causes mild disease in birds, and until now, no cases of the viral infection had been reported in humans, according to a […]