Evergrande Misses Bond Payments Again

Tiffany Meier
By Tiffany Meier
October 12, 2021China in Focus
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More companies in the Chinese property sector are now caught up in debt. And the poster child for the sector’s woes, Evergrande Group, has missed its third round of bond payments in a matter of weeks.

More floods strike northern China. Heavy rain caused one river to overflow, drowning a dozen nearby towns.

As for farmers, many are hard at work trying to rescue their harvests and livestock from water damage. Armed with sub-par equipment, some have resorted to manual labor.

China limits video game access for children to three hours a week. But some may have already found ways to bypass the rule.

In Taiwan, more deaths have been reported in those who got vaccinated than from the pandemic itself.

An Explainer on Taiwan’s Vaccination Data

Taiwan’s CDC updates its vaccine-related statistics daily. As of Oct. 20, over 20 million shots have been administered, and reports of reactions after vaccination climbed over 10,000, including over 900 deaths.

These incidents occurred chronologically after vaccination, but Taiwanese authorities say there’s no proof they happened because of the vaccination.

The Taiwanese CDC says, “The number of adverse event reports alone cannot explain or be used to draw conclusions about the presence or absence, severity, frequency, or incidence of vaccine-related problems and should be interpreted in the context of other scientific information.”

Currently, the rate of incident reports after vaccination is lower in Taiwan compared to other countries. In the UK for example, the rate of reports per million doses is about 17, whereas in Taiwan it’s only 2.

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