China’s banks urged to switch away from SWIFT as US sanctions over Hong Kong national security law loom US legislation could penalise banks for serving officials who implement the new national security for Hong Kong China launched the Cross-Border Interbank Payment System (CIPS) clearing and settlement services system in 2015 to help internationalise use of the yuan
How the China-Iran economic and security deal endangers India’s strategic interests in the Middle East The deal, which throws Iran a vital lifeline and gives China access to Iran’s hydrocarbon reserves, imperils India’s strategic stake in the Chabahar port project
Why China is not gunning for a roaring economic recovery China’s GDP rebound belies an uneven recovery and a widening gap between the real economy and capital markets. Instead of more stimulus, Beijing will want to rebalance the economy and carefully unwind policy easing GDP growth should hit 5-6 per cent for the second half, and 2.3 per cent for the whole year
Beijing tries to balance nationalism with pragmatism in US relations Despite an apparent tit-for-tat dispute, China has consistently pulled punches when retaliating against actions from Washington The recent Chengdu-Houston consulate dispute is emblematic of the current state of the relationship
China woos Asean neighbours in bid to avoid US-led coalition on its doorstep Beijing has been shoring up relations in Southeast Asia with an emphasis on Washington-friendly countries Phone calls, virtual meetings and pledges of support aim to sway the region’s delicate balancing act between two powers
The Danger of Blue Light Is Real. Protect Your Eyes With Blue Light Glasses.
NASA VENUS ROVER DESIGNED FOR “EXPLORING HELL”
THESE SCIENTISTS ARE TESTING AN EXPERIMENTAL COVID VACCINE ON THEMSELVES NOBODY KNOWS IF IT ACTUALLY WORKS OR NOT — BUT THEY'RE PASSING IT AROUND LIKE A PARTY DRUG.
Why We Need Mass Automation to Pandemic-Proof the Supply Chain this whole system, the global supply chain, works so well that it’s effectively invisible most of the time. Until now, that is. The pandemic has thrown a floodlight on the inner workings of this modern wonder—and it’s exposed massive vulnerabilities. .............. Despite an abundance of 21st century technology, we’re stuck in the 20th century. ....... Today’s supply chain consists of fleets of ships, trucks, warehouses, and importantly, people scattered around the world. While there are some notable instances of advanced automation, the overwhelming majority of work is still manual, resembling a sort of human-powered bucket brigade, with people wandering around warehouses or standing alongside conveyor belts. Each package of diapers or bottle of detergent ordered by an online customer might be touched dozens of times by warehouse workers before finding its way into a box delivered to a home. ................ To make the global supply chain more resilient to shocks like Covid-19, we must look to technology. ....... Perfecting the Global Supply Chain: The Massive ‘Matter Router’
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