China announced on Saturday a 7.1-percent increase in its defense budget for 2022 to $229 billion, continuing years of robust spending on its increasingly powerful military that is challenging the …
Monthly Archives For March 2022
China to step up spending despite lower budget deficit ratio – minister
China will step up its fiscal spending this year to support the slowing economy, despite a lower budget deficit ratio, Finance Minister Liu Kun said on Saturday.A lower budget deficit ratio is an …
Chinese brands stay put in Russia for now
Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing uncertainty – taking a cue from Beijing’s stance of refraining from …
China vows new incentives to cut pollution, CO2, but says ‘stability’ paramount
China will introduce new incentives to cut pollution and carbon emissions this year, but flexibility and stability remain the country’s top prioritiesas economic pressures mount, the government said …
3 New Studies Further Support Wuhan Market As Origin Of Covid-19 Pandemic
origins of the Covid-19 coronavirus, visit the closed Huanan Seafood wholesale market in Wuhan, China’s central Hubei province on January 31, 2021. (Photo by HECTOR RETAMAL/AFP via Getty Images) In …
Ukraine-born Oksana Masters wins first US gold of Beijing Winter Paralympics
Oksana Masters won the first US gold medal of the 2022 Beijing Paralympics on Saturday by taking first in the women’s biathlon sitting sprint …
U.S. to Begin Review of Tariffs on $300 Billion of China Imports
Negotiations with China have failed to lead to a big breakthrough … a bipartisan group of 41 senators urged Tai to create a more comprehensive process to exclude some Chinese imports from the …
China’s ‘COVID-19 diplomacy’ merely facade to sell vaccines: Report
The impression that China has tried to give since the COVID-19 vaccines became available that the country is extending a helping hand by providing vaccines to s …
China’s ZTE faces hearing over possible violation of U.S. probation
ZTE Corp., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have violated its probation from its 2017 guilty plea for illegally shipping…
Trade Between China And Africa Is On The Rise
Trade between China and Africa rose by as much as 35% in 2021 to a record high of $254 billion, driven by an increase in Chinese exports to the continent …
Blinken tells China ‘world is watching’ response to Russia-Ukraine war
U.S. Secretary of State Antony Blinken told China Foreign Minister Wang Yi Saturday that the “world is watching” how his and other nations respond to the Russian invasion of Ukraine.
China Needs to Pop Its Property Bubble
The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst.
China to Set Up Financial Stability Fund, Steady Home Prices
China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks. “A fund for ensuring financial stability …
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