News from April 2022
ING economist on China: 'More pain will come in Q2.’
By Karla Florez | Apr 19, 2022
As China continues enforcing lockdowns in adherence to its zero-COVID policy, residents and economists alike have expressed increasing concerns about the potential impact on the supply chain.
US-China Business Council spokesman: Experts agree China's zero-COVID-19 policy 'is not sustainable'
By T.H. Lawrence | Apr 19, 2022
China's zero-COVID-19 policy is having an impact on U.S. firms doing business in the country.
Yellen: 'I would like to see us preserve the benefits of deep economic integration with China, not going to a bipolar world'
By Andy Nghiem | Apr 18, 2022
U.S. Treasury Secretary Janet Yellen recently mentioned the desire to work with China to avoid a bipolar world and work with allies to encourage China to change its ways to align more with the U.S. and Europe.
Ice shards in Antarctic clouds let more solar energy reach Earth’s surface
By UW News | Hannah Hickey | Apr 18, 2022
Clouds come in myriad shapes, sizes and types, which control their effects on climate.
How did visitors experience the domestic space in Pompeii?
By Lund University | Apr 18, 2022
Researchers at Lund University in Sweden have used virtual reality and 3D eye-tracking technology to examine what drew the attention of the visitors when entering the stunning environment of an ancient Roman house.
New SUEDE shoes apply smart tech to ankle injury prevention
By ASU | Monique Clement | Apr 18, 2022
Ankle sprains are one of the most common musculoskeletal injuries, usually involving a stretched or torn ligament in the joint.
Advanced Clinical opens office in Switzerland to serve ‘pharmaceutical and biotechnology companies in the heart of Europe’
By Karla Florez | Apr 16, 2022
Advanced Clinical, a clinical development and resourcing organization, recently announced it is expanding in Europe with a new office in Zug, Switzerland.
Blackrock unveils investment plans to reduce greenhouse gas emissions while 'cozying up to the Chinese Communist Party'
By Karla Florez | Apr 15, 2022
Blackrock announced April 14 investment plans it hopes to carry out by 2030.
China continues COVID-19 lockdowns to 'grind through the pandemic and anything or person that gets in the way'
By Karla Florez | Apr 15, 2022
According to Chinese Communist Party President Xi Jinping, the recent lockdown in Shanghai is an example of steps he will take to enforce China’s no-COVID policy in response to a sudden uptick in COVID-19 cases.
China analyst: 'The message to Shanghai and everyone else is clear – suck it up for the good of the country'
By Karla Florez | Apr 15, 2022
Chinese Communist Party President Xi Jinping recently commented on the enforcement of the country’s zero covid strategy amid the ongoing spread of the virus, and a three-week lockdown the policy imposed on Shanghai that has only recently begun to soften. The leader voiced his intention to double down on the matter as growth projections for Chinese GDP begin declining as a result of the lockdowns, Chinese media outlets report.
CNOOC plans western departure citing sanctions concerns: 'We cannot predict if the company or its affiliates and partners will be affected by U.S. sanctions in the future'
By Timothy Stuckey | Apr 15, 2022
CNOOC, China's state-owned oil and gas company, is considering divesting from interests in the U.S., Canada and the United Kingdom due to worries regarding sanctions imposed in reaction to Russia's invasion of Ukraine, according to a Reuters report.
Munger: 'We wish that China and the United States got along better'
By Karla Florez | Apr 15, 2022
Daily Journal Corp has reduced its holding of Alibaba Group Holding Ltd., wiping out shares acquired during the fourth quarter of 2021, Reuters reported. Alibaba has been linked to work with the Chinese government and military but has not been banned from U.S. investments.
Analyst: China's 'zero-covid' policy has already caused 'significant disruption to the economy'
By David Beasley | Apr 15, 2022
China has been locking down entire populations in pursuit of its "zero-covid" policy, a move that has raised humanitarian and economic concerns. Major companies are now expecting delays as the lockdowns continue, and a recent report shows that a significant number of the Chinese workforce are currently locked down.
Pitney Bowes SVP on launching in Canadian market: 'The first of several exciting new solutions'
By Karla Florez | Apr 15, 2022
Pitney Bowes has introduced PitneyShipTM Pro to the Canadian market.
Faria on new president: 'Marco’s diverse background and broad leadership experience make him an excellent fit to lead'
By Karla Florez | Apr 15, 2022
Eaton recently named Marco Martini as president of Vehicle Group across Europe, the Middle East and Africa.
Australia, US raise concerns over China broadening 'opportunities to expand its influence'
By Karla Florez | Apr 15, 2022
Australia and the U.S. recently considered statements by the president of the Federated States of Micronesia urging the Solomon Islands to reconsider the Chinese Alliance.
DOS cautions US residents against travel to China due to 'strict lockdowns'
By Karla Florez | Apr 14, 2022
The Department of State issued a travel advisory April 11 advising people against traveling to Shanghai amid ongoing lockdowns. The restrictions, fueled by China’s “no covid policy,” have led to growing concerns about the impact it could have on the global supply chain.
Keller Williams expands to Saudi Arabia, hopes to become ‘most dominant real estate player in the region by 2025'
By Karla Florez | Apr 14, 2022
Keller Williams continues to expand in Asia with the grand opening of a new master franchise in Saudi Arabia.
Kennedy: 'Qumu sees continued momentum with large enterprises deploying our video engagement platform'
By Karla Florez | Apr 13, 2022
Qumu Corporation has officially finalized its expansion efforts for the first financial quarter of 2022, cementing collaborations with customers across the United States, Asia-Pacific and EMEA.
Jurny CEO on The Yanko Group partnership: 'We kicked off 2022 with our strongest quarter to date and with high profile partnerships like this one'
By Karla Florez | Apr 13, 2022
Jurny, Inc. has partnered with a boutique luxury real estate development firm, The Yanko Group, to help establish its new soft brand collection.