The Philippines’ foreign secretary has apologized after tweeting an obscene phrase demanding China get out of Philippine-claimed territories in the South China Sea in an outburst that annoyed the Phil …
Monthly Archives For May 2021
China administers 279 million Covid-19 vaccines in fight against virus
The Chinese authorities have administered nearly 280 million vaccines, surpassing the US, in an effort to inoculate 40% of its population by the end of June.
Five Eyes: Is the alliance in trouble over China?
The Five Eyes alliance is an intelligence-sharing arrangement between five English-speaking democracies: the US, UK, Canada, Australia and New Zealand. It evolved during the Cold War as a mechanism …
China’s property loan growth slows further in Q1
Loans to China’s property sector increased at a slower pace in the first quarter (Q1) of the year as the country maintains strict rules for home purchases, central bank data showed. China’s …
Chinese pipeline of rental homes worth US$77 billion could create huge property asset management opportunities, firm says
China is expected to build rental homes worth 500 billion yuan (US$77.2 billion) over the next five years, which could create massive opportunities in property asset management for the country’s …
China’s bank wealth management market expands
China’s bank wealth management market expanded and saw more new investors in the first quarter of the year, showed industry data. The country’s banking system had 25.03 trillion yuan (about 3.87 …
China MNOs select Rohde & Schwarz for 5G network optimization
China Mobile, China Telecom, and China Unicom have selected the R&S TSME6 drive test scanner from Rohde & Schwarz for their 5G network deployment and optimization efforts.
Five Eyes: Why New Zealand refuses to condemn China
The Five Eyes alliance is an intelligence-sharing arrangement between five English-speaking democracies: the US, UK, Canada, Australia and New Zealand. It evolved during the Cold War as a mechanism …
South China Sea: ‘Get the **** out!’ Philippines’ minister issues warning to Beijing
THE Philippines’ foreign minister on Monday demanded in an expletive-laced message on Twitter that China’s vessels get out of disputed waters.
US welcomes China’s peacekeepers in Africa but wary of Beijing’s military inroads
US Senate Armed Services Committee was told China’s newly completed naval pier in Djibouti would accommodate an aircraft carrier.
China wants to cut steel production volume; abolishes export rebates
The Chinese Ministry of Finance and the State Administration of Taxation (customs tariff commission) announced a total abolition of export rebates (13% on VAT) with effect from May1, 2021 on 146 steel …
China’s blockchain industry embraces influx of young talents
Driven by national policies, basic technology upgrading and mounting demand in downstream applications, China’s blockchain industry has been evolving continuously since its landing, achieving a high …
Philippine Foreign Minister takes profanity-laced crack at Beijing over its lingering presence in the South China Sea
The war of words between the Philippines and China over the South China Sea escalates again as Rodrigo Duterte’s Foreign Minister tells Beijing where to go.