Vera Dee
The Latest
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Imported Russian Pork Likely Cause of China’s African Swine Fever Outbreak
China, the world's biggest producer of pork, is facing a massive swine fever outbreak that has dealt a heavy blow to the industry. Following weeks of investigation, some Chinese agriculture experts suspect that the outbreak may have come from imported pork from Russia. This conclusion was made after investigations revealed that the same strain of the virus have affected thousands of pigs in Russia prior to it spreading to China. China, the world's biggest producer of pork, is facing a massive swine fever outbreak that has dealt a heavy blow to the industry. Following weeks of investigation, some Chinese agriculture experts suspect that the outbreak may have come from imported pork from Russia. This conclusion was made after investigations revealed that the same strain of the virus have affected thousands of pigs in Russia prior to it spreading to China. -
China, El Salvador Open Diplomatic Channels to Improve Business Opportunities
China has won a new ally in the form of the Central American Nation of El Salvador. The two countries have recently established diplomatic channels in order to boost cooperation. This new development came after El Salvador dropped support to Taiwan in favor of its new allies in Beijing. China has won a new ally in the form of the Central American Nation of El Salvador. The two countries have recently established diplomatic channels in order to boost cooperation. This new development came after El Salvador dropped support to Taiwan in favor of its new allies in Beijing. -
Ethiopia to Receive $1 Billion Assistance from World Bank
Ethiopian Prime Minister Abiy Ahmed recently confirmed that the country will receive a $1 billion direct budget support from the World Bank. The Prime Minister added that the aid will be received by Ethiopia within the next few months. Ethiopian Prime Minister Abiy Ahmed recently confirmed that the country will receive a $1 billion direct budget support from the World Bank. The Prime Minister added that the aid will be received by Ethiopia within the next few months. -
Uber Considers Use of E-Bikes on Short Trips
Ride-sharing company Uber recently unveiled its plan to roll out electric bicycles and scooters for customers who have booked a shorter trip. Uber said that this is part of the company’s long-term strategy, as well as the adoption of other means of transportation apart from the conventional ones. Ride-sharing company Uber recently unveiled its plan to roll out electric bicycles and scooters for customers who have booked a shorter trip. Uber said that this is part of the company’s long-term strategy, as well as the adoption of other means of transportation apart from the conventional ones. -
Industry Leaders: China-US Trade War Will Cause Prices to Surge
Many trade experts and leading industry professionals are have already shown their concerns about the ongoing trade war between two of the world’s top economies, China and the United States. Many industry professionals have said that the tariffs imposed by each countries on each other’s goods will cause prices to surge exponentially. Many trade experts and leading industry professionals are have already shown their concerns about the ongoing trade war between two of the world’s top economies, China and the United States. Many industry professionals have said that the tariffs imposed by each countries on each other’s goods will cause prices to surge exponentially. -
Alibaba Revenue Tops 61 Percent in First Quarter
Chinese e-commerce giant Alibaba recently reported that the company’s revenue surged to 61 percent during the first quarter of the year. The massive surge is based on the company’s year-over-year performance. Chinese e-commerce giant Alibaba recently reported that the company’s revenue surged to 61 percent during the first quarter of the year. The massive surge is based on the company’s year-over-year performance. -
Chinese Yuan Gains Momentum Against U.S. Dollar Amidst Trade War
The Chinese Yuan has recently gained strength against the United States dollar on Tuesday. This is the third straight day of trading that the Yuan rebounded against the dollar. This recent increase in value came after almost a week when the Yuan slipped its value. The Chinese Yuan has recently gained strength against the United States dollar on Tuesday. This is the third straight day of trading that the Yuan rebounded against the dollar. This recent increase in value came after almost a week when the Yuan slipped its value. -
US Economy Rises; India, and Others Fall
The increase in the economic growth of the U.S. causes other country’s economies to fall. The increase in dollar value and the interest rates added with the U.S. – China trade war negatively affects other country’s economies. The increase in the economic growth of the U.S. causes other country’s economies to fall. The increase in dollar value and the interest rates added with the U.S. – China trade war negatively affects other country’s economies. -
China’s Top Social Media Firms Shut Down Cryptocurrency Accounts
WeChat, the Tencent developed social media giant, shutdown cryptocurrency and blockchain accounts. The accounts were banned as a response to the recent legislation passed in China that regulates promotion of initial coin offerings and cryptocurrency trading speculation. WeChat, the Tencent developed social media giant, shutdown cryptocurrency and blockchain accounts. The accounts were banned as a response to the recent legislation passed in China that regulates promotion of initial coin offerings and cryptocurrency trading speculation. -
Foreign Cash Flows into China Despite Unstable Market
The Asian stock exchange slightly increased and China stocks are loaded with foreign shares and bonds to address investor’s gaps in portfolios. Foreign investments pour into the country besides the instability of the market, yuan ’s decline, and sell off in emerging markets. The Asian stock exchange slightly increased and China stocks are loaded with foreign shares and bonds to address investor’s gaps in portfolios. Foreign investments pour into the country besides the instability of the market, yuan ’s decline, and sell off in emerging markets.