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Sumatran orangutan why are they endangered

Curbing financial risks key to sustainability

Although China has largely contained the COVID-19 pandemic at home, it still faces the daunting task of maintaining steady growth in 2021. One way it could do so-and ensure long-term, healthy development of the real economy-is by optimizing financing and eliminating factors that could trigger financial risks. To begin with, China should promote financial reform and opening-up to develop a financial cooperation system that is diversified, and improve the risk prevention and control mechanism without relying too much on the indirect financing system. The development and reform of China's indirect financing system is in line with its long-term social and cultural development, with banks playing the main guiding role in the entire social credit system. Still, China needs to develop a cross-market and cross-sector financial cooperation system to prevent systemic risks in the financial sector that could trigger an inflation crisis forcing the country into the middle-income trap. Due to … [Read more...] about Curbing financial risks key to sustainability

Security law guards HK’s prosperity

The social chaos, including rioting, in Hong Kong that has led to an economic crisis and the COVID-19 pandemic pose the greatest challenge to Hong Kong since its return to China in 1997. The mayhem caused by the violent protesters prompted the National People's Congress pass the national security law in June last year to stem the growing risk of separatism and restore order in the Hong Kong Special Administrative Region, so the city's residents could resume normal economic and other activities. Thanks to the implementation of the national security law, Hong Kong is gradually returning to the normal track, by overcoming a host of the difficulties. As part of this measure, the SAR judicial authorities charged 47 politicians and activists with subversion on Sunday. But instead of appreciating the hard work of the Hong Kong law enforcers to restore order in the city, US Secretary of State Antony Blinken called for the immediate release of the separatists. "We condemn the detention of … [Read more...] about Security law guards HK’s prosperity

Great apes receive COVID-19 vaccine at San Diego Zoo

Several great apes at the San Diego Zoo received two doses each of a COVID-19 vaccine in February, National Geographic reports . The lucky recipients are four orangutans and five bonobos, who were distracted with treats as they got their shots. One of the orangutans is Karen, the first ape to undergo open-heart surgery in 1994. Ape vaccination is a welcome development at the San Diego Zoo, where a troop of eight gorillas tested positive for COVID-19 in January . The sick gorillas were symptomatic but have now recovered , according to the zoo. They’ll likely join their orangutan and bonobo compatriots in vaccination later in the spring. The vaccine the apes received is not one of the vaccines that have been authorized for humans. It was developed by a veterinary pharmaceutical company after the first recorded case of COVID-19 in a dog in February 2020. In addition to dogs and gorillas, minks , domestic cats, and big cats have also been infected by the virus. After … [Read more...] about Great apes receive COVID-19 vaccine at San Diego Zoo

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