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Divided G7 wraps up summit with "unforgivable moral failure"--China Economic Net - Vimarsana News

Divided G7 wraps up summit with "unforgivable moral failure"--China Economic Net

The Group of Seven (G7) on Sunday wrapped up its first in-person summit in almost two years against the backdrop of protesters taking to the streets and beaches and accusing the world's richest countries of making "empty promises".   Critics said the three-day gathering, held in Britain's southwestern resort of Carbis Bay in Cornwall, is a "historic missed opportunity" as it only threw up more questions than answers to some of the world's thorniest issues.   With various agendas and interests, the sense of unity that the rich club is trying to hype up remains elusive.     In a joint commu...

Source: en.ce.cn
China's IT spending to top 2.21 trln yuan in 2021: report--China Economic Net - Vimarsana News

China's IT spending to top 2.21 trln yuan in 2021: report--China Economic Net

China's spending on information technology (IT) will grow 10 percent year on year to reach over 2.21 trillion yuan (about 346.1 billion U.S. dollars) in 2021, according to an industrial report.   The outbreak of the COVID-19 epidemic has propelled the upgrade of the internet economy and promoted the development of tele-medicare and tele-education in the country, a report released by global market research firm International Data Corporation (IDC) said.   The Chinese government started implementing its 14th Five-Year Plan this year, which will drive growth in its spending on IT in the coming...

Source: en.ce.cn
1,000 U.S. sanctions on Iran agreed to be lifted, 500 others remain: media--China Economic Net - Vimarsana News

1,000 U.S. sanctions on Iran agreed to be lifted, 500 others remain: media--China Economic Net

The past five rounds of the Vienna talks to revive the 2015 nuclear deal led to an agreement over the removal of some 1,000 U.S. sanctions on Iran, but about 500 others are still in dispute, parliamentary sources were quoted as saying by semi-official Tasnim News Agency on Wednesday.   The figure was offered by the head of the Iranian negotiating team, Abbas Araqchi, in a meeting in the afternoon with the Iranian parliament's Foreign Policy Committee, said Ebrahim Azizi, a member of the committee.   The next round of talks between delegations from Iran and the P4+1, namely Britain, China, F...

Source: en.ce.cn
Commentary: Anti-China bill detrimental to America's competitiveness--China Economic Net - Vimarsana News

Commentary: Anti-China bill detrimental to America's competitiveness--China Economic Net

The U.S. Senate on Tuesday passed an expansive bill that is apparently seeking to use an obsolete Cold-War mentality to boost America's future tech and manufacturing.   The 2,400-plus-page bill shows Washington's growing anxiety over and ideological prejudice towards China's development, as well as its paranoia to maintain America's global technological superiority.   However, those U.S. lawmakers who sponsored the bill as well as other like-minded Washington politicians are steering their country onto a wrong and dangerous path, which will only harm the United States and the world at large...

Source: en.ce.cn
Millions of J&J COVID-19 vaccines set to expire in U.S. while developing countries in desperate need--China Economic Net - Vimarsana News

Millions of J&J COVID-19 vaccines set to expire in U.S. while developing countries in desperate need--China Economic Net

-- Ohio Governor Mike DeWine said that approximately 200,000 doses of Johnson & Johnson vaccine in the state are set to expire on June 23, while "Ohio does not have legal options for sending the vaccine elsewhere, either to other states or other countries."    Hospitals and state health departments across the United States are racing to decide how to use up millions of Johnson & Johnson's COVID-19 vaccine doses that are set to expire this month, while lots of developing nations are still falling short of shots.   Millions of Johnson & Johnson vaccines will expire in June, and thousands cou...

Source: en.ce.cn