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BREAKING : China also says have found effective drug to treat people with new coronavirus

According to Chinese television, being reported across social media

It says that the research team at Zhejiang University has found an effective drug to treat people with the new coronavirus. This isn’t making main news wires just yet but we will see.
Risk is jumping higher on the headlines here with USD/JPY getting a brief spike from 109.40 to 109.72 before settling a little lower. Treasury yields also jumped higher with 10-year yields rising to 1.639% before ticking back a little lower now to 1.620%.

The robot waiter will take your order now

Chinese-made androids arriving in Japan

Catering androids developed by China’s Kunshan Pangolin Robot.

 China’s Kunshan Pangolin Robot is bringing its android waiters to Japanese restaurants, with the assistance of an engineering university here.

Pangolin will set up a Japanese arm as soon as this month that will handle sales and maintenance. The company will then establish in April a research and development facility within the premises of the University of Electro-Communications. UEC’s Campus Create, which aims to transfer advanced technologies to companies for commercial use, will provide support for Pangolin’s Japanese venture.

 The Chinese robot firm also inked a memorandum of understanding on mutual cooperation with Japanese peer Kikuchi Seisakusho.
 Pangolin’s serverbots start at 500,000 yen ($4,380) apiece. Nagasaki’s Dutch-themed Huis Ten Bosch theme park is considering adopting the androids at its robot-staffed Henn-Na Restaurant.

Pangolin is headquartered in the eastern Chinese city of Kunshan, which is also home to the factory producing the robots. With a sales network stretching across the mainland, the company is seen holding 70% of the Chinese market in waiter robots.  

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