Page 6 - Bob Simison News Today

Get Vaccinated in Hong Kong, Win a $1.4 Million Apartment - Amid widespread vaccine reluctance, developers plan a drawing for those who’ve taken a Covid-19 inoculation as government shuns cash incentives

Energy Insider: NDRC Outlines Sweeping Goals to Overhaul Energy Pricing; Inner Mongolia Raises the Stakes in Cryptocurrency Crackdown; CATL Plans Lithium Battery-Killer - Trustbuster drops Minmetals-Alibaba probe; Zhejiang New Energy hits the Shanghai main board; Hubei to set up peak carbon fund; Guiyang proposes hydrogen fueling rules

Three Newborns Die in E. Coli Outbreak at Inner Mongolia Hospital - Short holiday staffing blamed after 9 babies were infected in neonatal intensive care unit of a top hospital in Ordos City

Energy Insider: Tianqi Lithium’s Stalled Project in Australia Resumes; World’s Largest Hydrogen Fueling Station Goes Into Service

May 19, 2021 06:24 AMBUSINESS & TECH Energy Insider: China’s Coal Production on the Rise as NDRC Calls for Market Approaches to Reduce Pollution China produced 1.294 billion tons of raw coal from January to April, up 11.1% from the same period last year In today’s Caixin energy news wrap: China’s state power infrastructure builder reports surging sales despite shrinking overseas deals; NDRC approves green technology exchange in Zhenjiang and calls for market mechanisms to reduce pollution...

Chinese Airlines May Suspend Cargo Flights to India - Escalating pandemic creates problems delivering freight amid rising risks of disease transmission, driving up shipping costs

Third Former Chairman of Jilin Trust Convicted of Bribery Another chairman of troubled Jilin Province Trust Co. Ltd. was found guilty of corruption, extending the state-owned company’s streak of scandals involving every chairman since 2001. Gao Fubo, chairman of the Jilin-based trust company between 2007 and 2015, was convicted of corruption, bribery and embezzlement, a local court said Tuesday. The court handed Gao a 20-year jail term, a fine of 5.1 million yuan ($794,540) and confiscation ...

China’s Banking Regulator Revamps Financial Licensing Online banks and insurance platforms are required to display licenses clearly on their web pages. China’s top banking regulator will implement a new licensing system July 1, consolidating a welter of licenses for financial institutions into three categories: financial, insurance and insurance intermediary. The proliferation of licenses under the China Banking and Insurance Regulatory Commission (CBIRC) involves different management requi...

Sinopharm’s Vaccine Nears Emergency-Use Approval by WHO Workers package Covid-19 vaccines at Sinopharm affiliate Beijing Institute of Biological Products. World Health Organization experts said one of China’s Covid-19 vaccines is 78.1% effective in adults ages 18-59 years old but found that there is insufficient trial data to demonstrate effectiveness in protecting older people and people with underlying medical conditions. The United Nations organization’s Strategic Advisory Group of Exp...

China Orders 13 Tech Companies to Overhaul Fintech Operations China’s financial regulators summoned 13 tech companies Thursday including Tencent Holdings Ltd. and ByteDance Ltd., imposing a raft of requirements on their financial businesses in an expanded effort to rein in the fast-growing fintech sector. Earlier this month, financial regulators met with Jack Ma’s Ant Group Co., outlining a rectification plan consisting of similar requirements for the company to follow, including correct...