Month: March 2020

China’s economy takes record hit from coronavirus

China’s industrial production contracted at the fastest rate on record in the first two months of this year and urban unemployment hit its highest rate on record in February as the coronavirus crippled the world’s second-largest economy. . The official data – among the worst official figures ever reported by China – suggests that President […]

Coronavirus hits restaurants, especially Chinese food – Orange County Register

The coronavirus is putting many paychecks under pressure, so it’s no surprise that Southern California’s once-scorching restaurant business is slow. It’s a bit off-putting to see this drop particularly hit the Chinese food segment. Few specific local numbers are yet available, but a new USC national survey indicates that 25% of those polled “have avoided […]

Sweden must pay attention to educational ties with China, says KTH director

“Sweden is a country of engineers and scientists,” said Sigbritt Karlsson, President of the KTH Royal Institute of Technology, of his country’s famous practical nature. To that list of Swedish world champions, you could add economists, pop music pioneers and, more recently, ridiculously successful tech companies – with Stockholm spawning more billion dollar per capita […]

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