Tag Archives: China

Debris from China space rocket could fall to Earth in next few days

In this photo released by Xinhua News Agency, the Long March 5B Y3 carrier rocket, carrying Wentian lab module blasts off from the Wenchang Space Launch Center in Wenchang in southern China’s Hainan Province Sunday, July 24 (AP)

Debris from a Chinese rocket is set to crash to Earth some time over the next few days, with the potential for wreckage to land across a wide swathe of the globe. Part of a Long March 5B rocket China launched on July 24 will make an uncontrolled reentry around July 31, according to the Aerospace Corp, a nonprofit based in California, that gets US funding.
The possible debris field includes much of the US, as well as Africa, Australia, Brazil, India and Southeast Asia, according to Aerospace’s predictions. Concern over the re-entry and the impact it could have is being dismissed by China, however, with state-backed media saying the warnings are just “sour grapes” from people resentful of the country’s development as a space power.
“The US is running out of ways to stop China’s development in the aerospace sector, so smears and defamation became the only things left for it,” Global Times newspaper reported, citing an expert.
The descent of the booster, which weighs 23 metric tonnes, would be part of what critics say is a series of uncontrolled crashes that highlights the risks of China’s escalating space race with the US. “Due to the uncontrolled nature of its descent, there is a non-zero probability of the surviving debris landing in a populated area – over 88% of the world’s population lives under the re-entry’s potential debris footprint,” Aerospace said on Tuesday. In May 2021, pieces of another Long March rocket landed in the Indian Ocean, prompting concern that the Chinese space agency had lost control of it. “It is clear that China is failing to meet responsible standards regarding space debris,” Nasa administrator Bill Nelson had said.
China is closely following the reentry of the booster from this week’s launch, foreign ministry spokesman Zhao Lijian said in Beijing on Wednesday. “It is customary for international practice for rockets’ upper stages to burn up in the Earth’s atmosphere on reentry,” said Zhao. “Right from the research and development stage of the space engineering programme, it is designed with consideration for debris mitigation and return from orbit.” Bloomberg

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Senate Passes $280 Billion Industrial Policy Bill to Counter China

The effort has marked a foray into industrial policy that has had little precedent in recent American history, raising myriad questions about how the Biden administration and Congress would implement and oversee a major initiative involving hundreds of billions of taxpayer dollars.

The passage of the legislation was the culmination of years of effort that in Mr. Schumer’s telling began in the Senate gym in 2019, when he approached Senator Todd Young, Republican of Indiana, with the idea. Mr. Young, a fellow China hawk, had previously collaborated with Democrats on foreign policy.

In the end, the Senate support was made possible only by an unlikely collision of factors: a pandemic that laid bare the costs of a global semiconductor shortage, heavy lobbying from the chip industry, Mr. Young’s persistence in urging his colleagues to break with party orthodoxy and support the bill, and Mr. Schumer’s ascension to the top job in the Senate.

Many senators, including Republicans, saw the legislation as a critical step to strengthen America’s semiconductor manufacturing abilities as the nation has become perilously reliant on foreign countries — especially an increasingly vulnerable Taiwan — for advanced chips.

Mr. Schumer said it had been not too difficult to rally votes from Democrats, who tend to be less averse to government spending. But he also nodded to support from Republicans, including Senator Mitch McConnell of Kentucky, the minority leader: “To their credit, 17 Republicans, including McConnell, came in and said, ‘This is one expenditure we should make.’”

The legislation, which was known in Washington by an ever-changing carousel of lofty-sounding names, has defied easy definition. At more than 1,000 pages long, it is at once a research and development bill, a near-term and long-term jobs bill, a manufacturing bill and a semiconductors bill.

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Video of 7-year-old girl in China crying because her father ‘works too hard’ goes viral

While video calling her father from a daycare in China, a 7-year-old girl began sobbing, worried that her father “works too hard and becomes too tired.”

Li Yanxi, who resides in Suzhou, Jiangsu of eastern China, was sent to summer daycare where a teacher organized an online video meeting for parents to observe the class and meet each other last week.

A video of the moment uploaded to Weibo on Saturday showed Li’s father, Li Mingxing, appearing on the screen among other parents wearing a safety helmet and worker’s uniform. The 7-year-old repeatedly calls out “Daddy!” shortly before her eyes began to fill with tears. As her teacher comforts her, Li tells her that she misses her father and is worried about him.

“Why are you missing your father? How long [has it been] since you’ve seen him?” the teacher asks in the video.

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Li then bursts into tears and explains that she is worried about her father.

“It’s not [because I haven’t seen him for a long time],” Li says. “I am concerned that he works too hard and becomes too tired.”

The girl explained that her mother is a stay-at-home mom and that her father often works overtime as an electrician. She added that he works between 4 and 5 a.m. every day and hopes that he can stay healthy.

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In response to his daughter’s reaction, Mingxing wished his daughter the same.

“I hope my daughter will be healthy and happy every day,” Li’s father told Nuan Video.

The video has garnered over 2.7 million views and 19,000 likes since being uploaded.

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Wuhan market pinpointed as pandemic’s Ground Zero

A market in Wuhan, China, was the epicenter of the COVID-19 pandemic, and the virus emerged from activities connected with the live animal trade, according to research published in Science on Tuesday.

Why it matters: The case-mapping and genetic studies offer some of the strongest evidence yet that the coronavirus jumped from an animal host to humans — a type of zoonotic spillover seen in other outbreaks like SARS, from 2002 to 2004.

What they found: There were two lineages of the virus introduced in humans as early as November 2019.

  • The variants over time spread into the neighborhoods surrounding the market and beyond, challenging the idea the market was the source of a single superspreader event.
  • Early cases linked to the part of the market where wildlife sales took place resemble cross-species transmissions later observed on mink farms and from infected hamsters to humans in the pet trade.

What they’re saying: University of Glasgow virologist David Robertson told BBC News he hoped the studies would “correct the false record that the virus came from a lab.”

  • “In a city covering more than 3,000 square miles, the area with the highest probability of containing the home of someone who had one of the earliest COVID-19 cases in the world was an area of a few city blocks, with the Huanan market smack dab inside it,” per University of Arizona biologist Michael Worobey.

The intrigue: While early patient data showed few of those hospitalized had a direct link to the market, Robertson said, “it’s exactly what we would expect, because many people only get very mildly ill, so they would be out in the community transmitting the virus to others and the severe cases would be hard to link to each other.”

  • A map of samples collected from market stalls showed most that tested positive for the virus were on the southwestern side, where animals like Raccoon dogs and hedgehogs were sold.

Flashback: An unclassified intelligence report into COVID’s origin released last year was inconclusive, stating the two dominant theories — that it came from a lab leak or was naturally transmitted from an animal — remain plausible.

  • A World Health Organization-backed team of scientists said in June that available data suggests SARS-CoV-2 had a zoonotic origin and that the theory that the virus escaped from a laboratory needs “further investigations,” per the Washington Post.

The bottom line: Accurately determining the causes of COVID-19 will go a long way toward informing what can and should be done to prevent the next pandemic.

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China, Indonesia hail ‘win-win’ cooperation after rare Beijing summit

BEIJING, July 26 (Reuters) – The leaders of China and Indonesia pledged to scale up trade and expand cooperation in areas such as agriculture and food security, following a rare visit to COVID-wary China by a foreign head of state.

Indonesian President Joko Widodo met Chinese President Xi Jinping and Premier Li Keqiang in Beijing on Tuesday. China last hosted foreign leaders during the Winter Olympics in February, with Russian President Vladimir Putin among those who visited Beijing.

The commitment by China, Indonesia’s No.1 trading partner, to deepen trade relations and fully back Indonesia’s chairmanship of the Association of Southeast Asian Nations (ASEAN) next year is an economic and political win for Jokowi, as the Indonesian president is widely known.

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China hailed Indonesia as a model strategic partner, in contrast to its sharp words for the United States in recent months over issues from Taiwan and Ukraine to trade practices and the South China Sea.

“(China and Indonesia) have acted proactively and with a strong sense of responsibility to maintain regional peace and stability,” according to the joint statement.

“They have thus set an example of major developing countries seeking strength through unity and win-win cooperation.”

Indonesia is an important source of ferronickel, coal, copper and natural gas for the world’s second-largest economy.

In the first half of 2022, Chinese imports from Indonesia, mostly commodities, surged 34.2% on year, the most after Russia.

China has expressed commitment to import an additional one million tonnes of crude palm oil from Indonesia, said the Indonesian state palace.

Jokowi met Li and Xi at the Diaoyutai State Guesthouse, part of a sprawling complex of villas, lakes and gardens where many foreign leaders, including the late U.S. President Richard Nixon, have been received.

As president of the G20 this year, Jokowi has sought to mend rifts within the group exposed by Russia’s invasion of Ukraine.

Last month he travelled to Ukraine to meet President Volodymyr Zelenskiy and also to Moscow to hold talks with Putin. Jokowi said Indonesia was willing to be a “communication bridge” between the two. read more

China, while not condemning its strategic partner Russia for the invasion, has repeatedly called for a cessation of hostilities and has offered to help promote peace talks.

Both Indonesia and Russia are part of the G20, with the former holding the group’s presidency this year.

Some G20 member-states have threatened to boycott this year’s leaders summit, on the island of Bali on Nov. 15-16, if Putin attends.

Jokowi invited Xi to Indonesia to attend the November summit, according to their joint statement.

“President Xi expressed his gratitude and wished the summit a complete success,” it said.

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Reporting by Ryan Woo; Additional reporting by Stanley Widianto in Jakarta and Stella Qiu in Beijing; Editing by Michael Perry, William Maclean and Nick Macfie

Our Standards: The Thomson Reuters Trust Principles.

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China’s 21-ton rocket booster will fall down to Earth after space station launch

The 23-ton Long March 5B rocket which carried the Wentian laboratory module, took off from Hainan Island at 2:22 p.m. local time Sunday, July 24, and the module successfully docked with China’s orbital outpost.
Its job completed, the rocket has gone into an uncontrolled descent toward Earth’s atmosphere and it’s not clear where it will land. The uncontrolled descent marks the third time that the country has been accused of not properly handling space debris from its rocket stage.
“It’s a 20-tonne metal object. Although it will break up as it enters the atmosphere, numerous pieces — some of them quite large — will reach the surface,” said Michael Byers, a professor at the University of British Columbia and author of a recent study on the risk of casualties from space debris.
Space debris poses an extremely minimal risk to humans, Byers explained, but it’s possible that larger parts could cause damage if it lands in inhabited regions. Byers said that due to the increase in space junk, those small chances are becoming more likely, especially in the global south, according to the research published in the Nature Astronomy journal, with rocket bodies being approximately three times more likely to land at the latitudes of Jakarta, Dhaka and Lagos than those of New York, Beijing or Moscow.

“This risk is entirely avoidable since technologies and mission designs now exist that can provide controlled reentries (usually into remote areas of oceans) instead of uncontrolled and therefore entire random ones,” he said via email.

Holger Krag, the head of the European Space Agency’s Space Debris Office, said international best practice was to conduct a controlled reentry, targeting a remote part of the ocean, whenever the casualty risk is too high.

He added that the re-entry zone for the rocket was geographically limited to between the latitudes of 41 degrees south and 41 degrees north of the equator.

The US Space Command said it will track the Chinese rocket’s fall back to Earth, according to a spokesperson.

Based on varying atmospheric conditions, the exact entry point of rocket stage into Earth’s atmosphere “cannot be pinpointed until within hours of its reentry,” the spokesperson said, but it is estimated to reenter the Earth’s atmosphere around August 1.

The 18th Space Defense Squadron, part of the US military that tracks reentries, will also provide daily updates on its location.

CNN has reached out to the China Manned Space Agency for comment.

Jonathan McDowell, an astronomer at the Harvard-Smithsonian Center for Astrophysics, said that space debris weighing more than 2.2 tons is typically brought down to a specific location on its first orbit of Earth.

“The point is that things that big are normally not put in orbit without an active control system,”he said.

With “no active control system, and no re-startable engine to boost it back down to Earth… it just tumbles along in orbit and eventually burns up due to friction with the atmosphere,” McDowell told CNN.

China was heavily criticized last year for its handling of space debris after it launched another module on a similar rocket. Its remnants plunged into the Indian Ocean near the Maldives 10 days after the launch.

NASA said China failed to “meet responsible standards.”

“Spacefaring nations must minimize the risks to people and property on Earth of re-entries of space objects and maximize transparency regarding those operations,” said NASA Administrator Bill Nelson at the time.

China responded to criticisms by blaming the US for “hyping up fears” over the rocket reentry and accused US scientists and NASA of “acting against their conscience” and being “anti-intellectual.”
In 2020, a Chinese rocket core — which weighed nearly 20 tons — made an uncontrolled re-entry into Earth’s atmosphere, passing directly over Los Angeles and Central Park in New York City before eventually diving into the Atlantic Ocean.

Space junk such as old satellites reenter the Earth’s atmosphere on a daily basis, although most of it goes unnoticed because it burns up long before it can hit the ground.

It’s only larger space debris — such as spacecraft and rocket parts — that pose a very small risk to humans and infrastructure on the ground.

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Asia shares bounce on China property fund as Fed hike looms

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon

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  • Chinese stocks rise on reported property aid
  • Investors expect a 75bp Fed hike
  • Markets now focus on corporate earnings

HONG KONG, July 26 (Reuters) – Asian shares pared losses on Tuesday as investor sentiment improved on China’s reported plans to tackle a debt crisis in real estate development.

MSCI’s broadest gauge of Asia stocks outside Japan (.MIAPJ0000PUS) bounced back to a gain of 0.36% in afternoon sessions. Chinese stocks jumped after reports the country would set up a fund of up to $44 billion to help property developers. read more

Hong Kong’s Hang Seng Index (.HSI) was 1.48% higher and China’s benchmark CSI300 Index (.CSI300) also widened gains to a rise of 0.91% at the morning close. Japan’s Nikkei (.N225) fell 0.08%, erasing some morning losses.

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FTSE futures edged up 0.15%. U.S. markets are likely to open lower, with E-mini futures for the S&P 500 index down 0.32%.

U.S. retailer Walmart Inc (WMT.N) cut its profit forecast on Monday and said customers were paring back discretionary purchases as inflation bit into household budgets. Shares fell 10% after hours. read more

Investors are also awaiting a likely 75 basis point Federal Reserve interest rate increase later this week – with markets pricing about a 10% risk of a larger hike, as well as waiting to see whether economic warning signs prompt a shift in rhetoric.

“We are leaning to the view that 75 bps is most likely but won’t be the end unless they see some demand destruction and some tempering of inflation,” said John Milroy, an investment adviser at Ord Minnett.

“We are fearful they have to materially slow the U.S. economy further.”

Big technology companies such as Apple (AAPL.O), Microsoft (MSFT.O) and Amazon.com are due to report earnings this week.

“The market has stabilized” from rate hike expectations, said Redmond Wong, Greater China market strategist at Saxo Markets in Hong Kong. “The focus is now on earnings.”

In China, “maintaining stability is the key theme,” said Wong on likely outcomes from politburo meetings expected to begin this week.

In currencies, the dollar was marginally softer but not drifting too far below recent milestone highs as uncertainty continued to swirl around the interest rate and economic outlook.

The euro rose 0.21% to $1.0240 but was hemmed in by uncertainty over Europe’s energy security, which is not helped by a looming cut in the westbound flow of Russian gas. read more

The yen steadied at 136.54 per dollar. The U.S. dollar index , which touched a 20-year high this month, was down slightly at 106.380.

Oil prices rose further on expectations Russia’s reduction in natural gas supply to Europe could encourage a switch to crude, with Brent futures last up 1.27% at $106.45 a barrel and U.S. crude up 1.26% at $97.92 a barrel. read more

Benchmark 10-year Treasury yields fell to 2.875% as growth worries gave support to bonds.

Gold hovered at $1,721.8 an ounce and bitcoin nursed overnight losses at $21,111.31.

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Reporting by Kane Wu in Hong Kong; Editing by Sam Holmes

Our Standards: The Thomson Reuters Trust Principles.

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China’s response to Pelosi’s potential Taiwan visit could be ‘unprecedented’ but chances of military conflict still low, experts say

But last week, China’s warnings against a potential high-stakes trip by US House of Representatives Speaker Nancy Pelosi to Taipei appeared to have caused concern in Washington.

Since then, a flurry of remarks from US officials have only added to the sense of alarm.

“I think what the President was saying is that maybe the military was afraid of my plane getting shot down or something like that. I don’t know exactly,” Pelosi said.

On Sunday, former US Secretary of State Mike Pompeo also weighed in, offering to join Pelosi on her reported trip.

“Nancy, I’ll go with you. I’m banned in China, but not freedom-loving Taiwan. See you there!” Pompeo wrote on Twitter.
In private, Biden administration officials have expressed concern that China could seek to declare a no-fly zone over Taiwan to upend the possible trip, a US official told CNN.

But with Pelosi’s potential visit now playing out in public, any decision to delay, or not go, risks being seen as a concession.

“Speaker Pelosi should go to Taiwan and President Biden should make it abundantly clear to Chairman Xi that there’s not a damn thing the Chinese Communist Party can do about it,” said Republican Sen. Ben Sasse Monday. “No more feebleness and self-deterrence.”

The Chinese government has not specified in public what “forceful measures” it is planning to take, but some Chinese experts say Beijing’s reaction could involve a military component.

“China will respond with unprecedented countermeasures — the strongest it has ever taken since the Taiwan Strait crises,” said Shi Yinhong, an international relations professor at China’s Renmin University.

Military conflicts flared across the Taiwan Strait in the 1950s — the decade after the founding of Communist China, with Beijing shelling several outlying islands controlled by Taipei on two separate occasions.

The last major crisis took place in 1995-1996, after Taiwan’s president at the time, Lee Teng-hui, visited the US. Enraged by the visit, China fired missiles into waters around Taiwan, and the crisis ended only after the US sent two aircraft carrier battle groups to the area in a forceful show of support for Taipei.

“If Pelosi goes ahead with her visit, the United States will certainly prepare to respond militarily to a possible Chinese military response,” said Shi. “The situation between China and the US will be very tense.”

A different time, a different China

Pelosi’s reported trip wouldn’t be the first time a sitting US House speaker has visited Taiwan. In 1997, Newt Gingrich met Lee, the island’s first democratically elected President, in Taipei only days after his trip to Beijing and Shanghai, where Gingrich said he warned Chinese leaders that the US would intervene militarily if Taiwan was attacked.
According to Gingrich, the response he received at the time was “calm.” Publicly, China’s Foreign Ministry criticized Gingrich after his Taiwan visit, but the response was limited to rhetoric.

Beijing has indicated things would be different this time around.

Twenty-five years on, China is stronger, more powerful and confident, and its leader Xi Jinping has made it clear that Beijing will no longer tolerate any perceived slights or challenge to its interests.

“It’s a completely different regime in Beijing with Xi Jinping. China is in a position to be more assertive, to impose costs and consequences to countries that don’t take China’s interest into consideration in their policy making or actions,” said Drew Thompson, a visiting senior research fellow at the Lee Kuan Yew School of Public Policy at the National University of Singapore.

“So in that respect, it’s a very different China from when Newt Gingrich visited in 1997.”

On Monday, Gingrich weighed into the conversation, writing on social media: “What is the Pentagon thinking when it publicly warns against Speaker Pelosi going to Taiwan? If we are so intimidated by the Chinese Communists we can’t even protect an American Speaker of the House why should Beijing believe we can help Taiwan survive. Timidity is dangerous.”

Under Xi, a rising wave of nationalism has swept China, and support for “reuniting” with Taiwan — possibly by force — is running high.

Hu Xijin, former editor of state-run nationalist tabloid the Global Times and a prominent hawkish voice in Chinese online punditry, has suggested the Chinese Liberation Army’s warplanes should “accompany” Pelosi’s aircraft to Taiwan and fly over the island.

That would be a significant infringement of Taiwan’s autonomy. As cross-strait tensions soar to their highest level in recent decades, China has sent record numbers of warplanes into Taiwan’s self-declared air defense identification zone, with Taiwan scrambling jets to warn them away — but so far the PLA jets have not entered the island’s territorial airspace.

“If Taiwanese military dares to fire on the PLA fighter jets, we will respond resolutely by shooting down Taiwanese warplanes or striking Taiwanese military bases. If the US and Taiwan want an all-out war, then the moment to liberate Taiwan is coming,” Hu wrote.

While Hu’s belligerent remarks toward Taiwan have long resonated with China’s nationalist circles, they do not represent the official stance of Beijing (and some of Hu’s previous threats made against Taiwan have turned out to be empty).

But as Thompson points out, the fact that Hu’s statements have gone uncensored in China’s tightly controlled media shows “a certain degree of support among the Communist Party” — even if it’s only for propaganda value.

Sensitive timing

A visit by Pelosi, a well known public figure and high-profile critic of Beijing, would come at a sensitive time for China.

The PLA is celebrating its founding anniversary on August 1, while Xi, the country’s most powerful leader in decades, is preparing to break conventions and seek a third term at the ruling Communist Party’s 20th congress this fall.

While the politically sensitive timing could trigger a stronger response from Beijing, it could also mean that the Communist Party would want to ensure stability and prevent things from getting out of control, experts say.

“Honestly, this isn’t a good time for Xi Jinping to provoke a military conflict right before the 20th party congress. It’s in Xi Jinping’s interest to manage this rationally and not instigate a crisis on top of all the other crises he has to deal with,” Thompson said, citing China’s slowing economy, deepening real estate crisis, rising unemployment, and constant struggle to curb sporadic outbreaks under its zero-Covid policy.

“So I think whatever they do, it will be measured, it will be calculated. They’ll certainly attempt to put more pressure on Taiwan, but I think they’ll stop well short of anything that’s particularly risky, or that could create conditions that they can’t control,” he said.

Shi, the professor at Renmin University in Beijing, agreed that tension between the US and China is unlikely to escalate into a full blown military conflict.

“Unless things got out of control by accident in a way that no one can predict, there is no chance of a military conflict between US and China,” he said.

But Shi said right now it is hard to predict what China will do.

“It is a very difficult situation to deal with. Firstly, (Beijing) must resolutely take unprecedented countermeasures. Secondly, it must prevent military conflicts between the United States and China,” he said. “We won’t know how things will turn out until the last minute.”

CNN’s Brad Lendon and Kylie Atwood contributed to this story.



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Video shows miraculous moment a man catches toddler falling from sixth floor of building in China

A man in Zhejiang province, China, has gone viral after he was seen on video catching a toddler who fell out of a sixth-floor apartment window.

In CCTV footage uploaded to Twitter on Friday by China’s foreign ministry spokesperson Zhao Lijiang, the man is seen on July 19 talking on the phone as he rushes towards the front of the building, briefly slipping. He then looks upwards and catches the quickly falling toddler in his arms.

The video cuts to CCTV footage of the building and shows the 3-year-old girl slipping out of the window and quickly tumbling downwards.

The video has garnered over 158,000 views and 9,000 likes.

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After receiving treatment at the Tongxiang Second People’s Hospital on Friday, the toddler was discharged.

The man told Chinese media outlets that he heard a bang coming from the top of the apartment building and looked up to see the small toddler tumbling out of the window. He described himself as lucky to have caught the girl on time and explained that it was sheer instinct.

Weibo users hailed the man as a “hero,” including Zhao, who described the Good Samaritan as “heroes among us” in his Twitter post.

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“Tribute to ordinary heroes,” one user wrote.

“For parents with children, add a protective window or window safety valve to your home,” another user suggested.

 

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China approves Genuine Biotech’s HIV drug for COVID patients

BEIJING, July 25 (Reuters) – China on Monday gave conditional approval to domestic firm Genuine Biotech’s Azvudine pill to treat certain adult patients with COVID-19, adding another oral treatment option against the coronavirus.

The availability of effective COVID vaccines and treatments is crucial in laying the groundwork for China’s potential pivoting from its “dynamic COVID zero” policy, which aims to eliminate every outbreak – however small – and relies on mass testing and strict quarantining.

The Azvudine tablet, which China approved in July last year to treat certain HIV-1 virus infections, has been given a conditional green light to treat adult patients with “normal type” COVID, the National Medical Products Administration said in a statement.

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“Normal type” COVID is a term China uses to refer to coronavirus infections where there are signs of pneumonia, but the patients haven’t reached a severe stage.

China in February allowed the use of Pfizer’s oral treatment Paxlovid in adults with mild-to-moderate COVID and high risk of progressing to a severe condition. In 2020, it approved the use of Lianhuaqingwen capsules, a traditional Chinese medicine-style formula, to alleviate symptoms of COVID such as fever and cough.

In a late-stage clinical trial, 40.4% of patients taking Azvudine showed improvement in symptoms seven days after first taking the drug, compared with 10.9% in the control group, Henan province-based Genuine Biotech said in a statement earlier this month, without providing detailed readings.

Other Chinese companies developing potential oral COVID treatments include Shanghai Junshi Biosciences (688180.SS) and Kintor Pharmaceutical (9939.HK).

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Reporting by Roxanne Liu and Ryan Woo
Editing by Louise Heavens and Mark Potter

Our Standards: The Thomson Reuters Trust Principles.

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