China may have to brace for a new wave of bond defaults, S&P says
by CNBC
CNBC— China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.
Breaking Defense—China’s new H-20 stealth bomber ‘not really’ a concern for Pentagon, says intel official. “The thing with the H-20 is when you actually look at the system design, it’s probably nowhere near as good as US LO [low observable] platforms, particularly more advanced ones that we have coming down,” said a DoD intelligence official.
The Hindu—AstraZeneca’s submission in U.K. court nothing new, say doctors over Covishield’s potential to cause blood clots. AstraZeneca's COVID-19 vaccine may cause rare blood clotting syndrome, but doctors in India are well aware of the risk.
Fortune—A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says. "Whether we like it or not, services such as retail, care work, and other personal services will remain the primary engine of job creation."