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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Oct 21, 2020
Page
5
SinoPharm chairman Liu Jingzhen said China plans to set up production lines for 1 billion doses of two candidate coronavirus vaccines tested on 50,000 people in 10 countries. He offered no results timeline and noted the global race amid strict US Europe Japan approvals.
In Baltimore's Canton, Mama's Shack Shack opens as a seaside oyster bar amid fears that COVID-19 will curb dining and carryout. Maryland wild oyster supply remains strong, yet demand may lag due to reduced restaurant traffic and chilly weather. Experts note past rebounds but warn policymakers to aid watermen if markets stay soft.
General Motors will invest 2 billion dollars to transform its Spring Hill Tennessee assembly complex into a third U.S. plant for future electric vehicles, building the Cadillac Lyriq while continuing gas powered SUVs. Additional 153 million dollars will upgrade five Michigan plants for future models as GM rolls out about 20 electric models by 2023.
The Hurun list names Alibaba founder Jack Ma as China’s richest at $58.8 billion, with Tencent’s Ma Huateng close behind at $57.4 billion. Zhong Shanshan debuts at No.3 after Nongfu Spring’s stock market debut. The survey notes rapid wealth growth, boosted by online shopping and tech demand during Covid-19, and highlights gains across AI, cars, and education sectors.
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