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China’s Comac Aims to Rival Boeing and Airbus in the World’s Biggest Market

As the pandemic continues to weigh on the aviation industry, Chinese aircraft manufacturer Comac has been pushing ahead with testing a new passenger jet. If successful, the C919 could rival Boeing and Airbus in the largest aviation market in the world. Photo illustration: Sharon Shi video content 5:30 a.m. Today

Fauci Says the U.S. Will Remain in the WHO

President Biden's top medical adviser on Covid-19, Dr. Anthony Fauci, announced​ Thursday​ that the U.S. will remain a member of the World Health Organization, reversing the Trump administration’s decision to withdraw. Photo: AFP/Getty video content 7:02 a.m. Jan. 21, 2021

Australia continues to add jobs amid recovery

SYDNEY--Australia added 50,000 mostly full-time jobs in December and the unemployment rate fell to 6.6%, as the national economy continues to recover from the early impact of the coronavirus pandemic. 8:23 p.m. Jan. 20, 2021

Asia Headlines

Japan's exports rise for first time in 2 years

Japan's exports increased in December, rising for the first time in more than two years thanks to the recovery of demand from China and other Asian countries. Exports rose 2% in December from a year earlier, according to Ministry of Finance data released Thursday. That was stronger than November's 4.2% decline and the 0.3% drop expected by economists surveyed by data provider FactSet.

8:20 p.m. Jan. 20, 2021
Alibaba’s Jack Ma Emerges After Keeping Low Profile

Jack Ma made his first public appearance in nearly three months during a philanthropic event with 100 teachers in China. The Chinese tech entrepreneur had been keeping a low profile since state regulators stepped up scrutiny of his business empire. Photo: Justin Chin/Bloomberg News video content

8:33 a.m. Jan. 20, 2021
What China’s New Digital Currency Tells Us About a Cashless Future

China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here’s what Beijing’s new system looks like—and how it would work. Photo credit: Florence Lo/Reuters video content

5:30 a.m. Jan. 8, 2021
China's Caixin Services PMI falls in December

BEIJING--A private gauge of China's services-sector activity dropped in December as the resurgence of the coronavirus restrained overseas demand. The Caixin China services purchasing managers index fell to 56.3 in December from 57.8 in November, Caixin Media Co. and research firm Markit said Wednesday.

10:49 p.m. Jan. 5, 2021
Tesla vs. NIO: Battle for the World’s Largest EV Market

Gone are the long waits at charging stations: Chinese electric-vehicle startup NIO is pioneering battery-swap systems, challenging Tesla and other rival car makers. Here’s how NIO and Tesla are racing for the world’s largest EV market in China. Photo illustration: Sharon Shi video content

5:30 a.m. Jan. 5, 2021
China's Caixin manufacturing PMI eases in December

China's manufacturing activity moderated in December due to weak demand for the country's exports, according to a private survey of manufacturers. The Caixin China purchasing managers' index, which is weighted toward small, private manufacturers, was 53.0 in December, Caixin Media Co. and research firm Markit said Monday.

10:57 p.m. Jan. 3, 2021
Malaysia's manufacturing PMI rises to 4-month high

Malaysia's manufacturing purchasing managers' index rose to a four-month high in December, indicating an improvement in the country's manufacturing sector. The headline Malaysia manufacturing PMI increased to 49.1 in December from 48.4 in November, IHS Markit said Monday. December PMI suggested that output and new orders remained subdued, as market demand continued to be dampened by the Covid-19 pandemic, IHS Markit said.

10:57 p.m. Jan. 3, 2021
Singapore economy contracted at slower pace in Q4

Singapore's economy shrank at a slower pace in the fourth quarter due to a smaller contraction in construction and services. The country's gross domestic product shrank 3.8% in the fourth quarter from a year earlier, according to the advance estimate released by the Ministry of Trade and Industry on Monday.

10:56 p.m. Jan. 3, 2021

Video

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