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Local governments allowed to issue more bonds to support economic growth

China is highly likely to increase the quota of local government bonds and allow them to be issued ahead of the budget during an upcoming meeting of the Standing Committee of the National People’s Congress (NPC), the country’s top legislature, in a move to bolster economic growth amid headwinds, experts told the Global Times.

S Korea slashes tariffs on Chinese onions to help bring down inflation

A South Korean industry association said there is a chance that Chinese onion exports will help the country alleviate its inflation, as the South Korean government moved to keep zero tariffs on seven major foodstuff import items in an effort to rein in price rises.

Major Chinese e-commerce platforms have reported record sales during this year s just-ended June 18 (618) shopping festival, shrugging off concerns that consumer demand is

Covid-19 pandemic — China s rare admission on local vaccine, 90% people in UAE vaccinated

Text Size: A+ New Delhi: The Covid-19 pandemic continues to wreak havoc in the world. The latest count being more than 13,24,37,230 cases and 28,74,232 deaths. We highlight some of the important stories from around the world. UAE achieves a vaccine milestone of 9 million doses as it inches closer to immunising its entire population. A foreign worker in Singapore tests positive for Covid-19 despite being fully vaccinated. UAE hits vaccine milestone  The United Arab Emirates (UAE) has crossed a significant milestone of 9 million doses of the Covid-19 vaccine as it seeks to vaccinate every person in the country, reports  Khaleej Times. With a population of approximately 9.9 million, the UAE has provided a total of 9,005,444 doses to its inhabitants which represents 91.05 shots for every 100 people.

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