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News from China
Study recommends three to six eggs per week for adult Chinese
12th March 2020

 How many chicken eggs should one eat for a healthy diet? The latest research based on a long-term and large-scale investigation in China recommends three to six eggs per week for adult Chinese.

 
The current Chinese dietary guidelines recommend weekly consumption of five to seven eggs for adults. But the guidelines were mainly based on studies conducted in the United States and Japan, where disease constitution and dietary patterns are quite different from those in China.
 
In order to explore the associations of egg consumption and risks of cardiovascular disease (CVD) among Chinese, researchers from China's National Center for Cardiovascular Diseases and several Chinese research institutes analyzed the data from the project of Prediction for Atherosclerotic Cardiovascular Disease Risk in China.
 
The project includes 102,136 participants from 15 provinces across the country, and some research subjects were followed up to 17 years. When they enrolled, the subjects had no chronic diseases like CVD, tumors or kidney diseases.
 
Researchers reported in the online version of SCIENCE CHINA Life Sciences that they found U-shaped relationships between egg consumption and the risk of having CVD and death among adults.
 
People who have a moderate egg consumption of three to six eggs per week have the lowest risk of having CVD and death. Both low and high consumption of eggs are associated with increased risks.
 
People who eat less than one egg per week have 22 percent more risk for having CVD and 29 percent higher risk for death than people who eat three to six eggs.
 
People who eat more than 10 eggs per week have a 39 percent higher risk of having CVD and 13 percent more risk for death.
 
Meanwhile, the researchers also found that among Chinese, higher consumption of eggs was significantly associated with increased risk of coronary heart disease and ischemic stroke, in which the arteries of the heart cannot deliver enough oxygen-rich blood to the heart and the brain tissue can not get enough blood flow.
 
An elevated risk of hemorrhagic stroke which is caused by a rupture in a blood vessel was only found among participants with lower consumption of eggs.
 
The researchers said their study provides evidence to update the dietary guideline for Chinese and probably other populations with similar characteristics.
 
Chicken eggs are an affordable source of protein and other nutrients. Some studies have found a link between eating eggs and heart disease as they are also naturally high in cholesterol
Source: Shanghai Daily, March 12, 2020
Hangzhou Asian Games hunts for sponsors, suppliers
11th March 2020

 Companies can now apply to become official sponsors and suppliers of the 19th Asian Games Hangzhou 2022, the event’s organizing committee said on Tuesday.

 
The first application round, aimed at enterprises in network safety, Internet of Things technology, photography, non-alcoholic beverages, travel service platforms, Western fast food and home kitchen appliances, marks a new stage for the market development of the Asian Games.
 
Companies chosen as official sponsors and suppliers will enjoy benefits in terms of marketing, reception, product and service provision and prioritized negotiation.
 
“The committee will use digital marketing to benefit partner companies with various event cooperation opportunities,” said event organizers. “We will also build platforms such as sponsor clubs to strengthen the interaction among companies and the committee.”
 
Companies with interest can submit applications through the Hangzhou Asian Games official website (www.hangzhou2022.cn/gffb), and eligible candidates will enter into further negotiations.
Source: Shanghai Daily, March 11, 2020
China's consumer inflation eases to 5.2 pct
10th March 2020

 China's consumer price index, the main gauge of inflation, grew 5.2 percent year on year in February, the National Bureau of Statistics said Tuesday.

 
The reading, in line with market expectations, eased slightly from the 5.4-percent gain in January. On a monthly basis, consumer prices edged up 0.8 percent.
 
Food prices, which account for nearly one-third of weighting in China's CPI, went up 21.9 percent year on year last month, contributing 4.45 percentage points to the index rise as the novel coronavirus outbreak disrupted market supplies and demands.
 
Restrictions on flows of transport and people, as well as business closures during the period have affected food supplies, while rising demands among stay-at-home residents to hoard foods combined to push up prices, NBS official Zhao Maohong said.
 
In the first two months, CPI went up 5.3 percent year on year on average, up 3.7 percentage points from the same period last year.
 
Tuesday's data also showed China's producer price index, which measures inflation at the factory gates, fell 0.4 percent year on year last month.
Source: Shanghai Daily,March 10, 2020
IMFC pledges to provide necessary support to mitigate COVID-19's impact
5th March 2020

 The policy-setting body of the International Monetary Fund on Wednesday pledged to provide necessary support to mitigate the economic and financial impact from the ongoing COVID-19 epidemic.

 
"The economic and financial impact has also been felt globally, creating uncertainty and damaging near-term prospects," the International Monetary and Financial Committee said in a statement after holding a teleconference call, chaired by Governor of the South African Reserve Bank Lesetja Kganyago and Managing Director of the IMF Kristalina Georgieva.
 
"We have called upon the IMF to use all its available financing instruments to help member countries in need," the IMFC said, adding that the IMF's 189 member countries "stand united" to address the global challenges related to the COVID-19 epidemic.
 
"We are confident that, working together, we will overcome the challenge facing us and restore growth and prosperity for all," the IMFC said.
 
Following the conference call, the IMF announced that it is making available about 50 billion U.S. dollars through its rapid-disbursing emergency financing facilities for low-income and emerging market countries in light of the COVID-19 outbreak.
 
"We know that the disease is spreading quickly. With over one-third of our membership affected directly, this is no longer a regional issue — it is a global problem calling for a global response," Georgieva said Wednesday at a joint press conference with World Bank Group President David Malpass.
 
The IMF chief said she is "particularly concerned about our low-income and more vulnerable members — these countries may see financing needs rise rapidly as the economic and human cost of the virus escalates."
 
The World Bank Group also announced Tuesday that it is making available an initial package of up to US$12 billion in immediate support to assist countries coping with the health and economic impacts of the COVID-19 outbreak.
 
In January, the IMF had projected global growth to improve to 3.3 percent this year from 2.9 percent last year. Then in February, it revised down 2020 global growth to 3.2 percent.
 
"Under any scenario, global growth in 2020 will drop below last year's level," Georgieva said at Wednesday's press conference.
Source: Shanghai Daily,March 6, 2020

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