Global  

China’s super rich got $1.5t richer amid pandemic lockdowns — report

WorldNews Tuesday, 20 October 2020
China’s super rich got $1.5t richer amid pandemic lockdowns — reportBeijing, China—China’s super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday. An extra 257 people also joined the billionaires club in the world’s number-two economy by August, following two years of shrinking membership, according to the closely watched Hurun Report. The country...
0
shares
ShareTweetSavePostSend
 
Video Credit: Reuters Studio - Published
News video: Cathay Pacific to cut 6,000 jobs - report

Cathay Pacific to cut 6,000 jobs - report 01:22

Hong Kong's Cathay Pacific Airways will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday. Ciara Lee reports

You Might Like


💡 One News Page Knowledge: Other News Mentions

Beijing Beijing Capital of the People's Republic of China

Hong Kong media tycoon, pro-democracy activist Jimmy Lai denied bail as Beijing pursues crackdown [Video]

Hong Kong media tycoon, pro-democracy activist Jimmy Lai denied bail as Beijing pursues crackdown

Credit: FRANCE 24 English    Duration: 01:36Published
Hong Kong's Jimmy Lai denied bail in fraud case [Video]

Hong Kong's Jimmy Lai denied bail in fraud case

Hong Kong media tycoon and pro-democracy campaigner Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his newspaper Apple Daily. Flora Bradley-Watson reports.

Credit: Reuters - Politics    Duration: 01:19Published

Secret deals crippled China test capacity

Cronyism and secrecy in china's test kits industry delayed Beijing's response to the coronavirus, according to an Associated Press investigation. (Dec...
USATODAY.com

Will have good communication with India, says China on its plan to build big dam over Brahmaputra river

China on Thursday played down its plan to build a major dam in the lower reaches of the Brahmaputra river in Tibet, saying there is no need to have "any..
IndiaTimes
Politicians urge people to buy Australian wine [Video]

Politicians urge people to buy Australian wine

Legislators from a global cross-party alliance on China urged people to buy Australian wine on Tuesday, posting a video in response to trade sanctions on wine imported from Australia. Libby Hogan reports.

Credit: Reuters - Politics    Duration: 01:24Published

Related videos from verified sources

China Document Leak, Pandemic Response [Video]

China Document Leak, Pandemic Response

China document leak shows flawed pandemic response An unprecedented leak of internal Chinese documents reveals how the country mishandled the early stages of the coronavirus pandemic. The documents -..

Credit: Wochit     Duration: 00:33Published
China suggests Italy may be the birthplace of COVID-19 pandemic [Video]

China suggests Italy may be the birthplace of COVID-19 pandemic

Credit: nypost     Duration: 00:46Published
China should allow scientists, doctors to investigate COVID, reiterates US [Video]

China should allow scientists, doctors to investigate COVID, reiterates US

The United States has reiterated its call urging China to allow scientists and doctors to investigate the origins of COVID-19, the pandemic which emerged from China. "There are global challenges in..

Credit: ANI     Duration: 01:33Published

Related news from verified sources

China Energy Profile: Energy Demand Expected To Increase – Analysis

China Energy Profile: Energy Demand Expected To Increase – Analysis
China is the world's most populous country (1.4 billion people in 2019) with a fast-growing economy that has led it to be the largest energy consumer and...
Eurasia Review

USA’s Aggressive China Containment Strategy – OpEd

USA’s Aggressive China Containment Strategy – OpEd
On 6 October, 2020, foreign ministers of USA, China, Australia and Japan gathered in Tokyo to participate in the second Quad security dialogue, a strategic forum...
Eurasia Review

Shifting Geopolitics Make US Leadership More Important Than Ever – Analysis

Shifting Geopolitics Make US Leadership More Important Than Ever – Analysis
By Ladan Yazdian Over two decades ago, American political scientist John J. Mearsheimer predicted a clash between the United States and the People’s...
Eurasia Review