G20 finance ministers on Saturday failed to adopt a joint closing statement at talks in India, after China sought to soften references to Russia and the war in Ukraine.
Monthly Archives For February 2023
20th CPC Central Committee starts 2nd plenary session in Beijing
The 20th Central Committee of the Communist Party of China (CPC) started its second plenary session in Beijing Sunday afternoon. Xi Jinping, general secretary of the CPC Central Committee, presented a work report on behalf…
China’s office market to see slow recovery in 2023 after slumping to 14-year low last year, as Beijing eases tech crackdown, analysts say
Several big firms have been adjusting their budgets and goals, which will lead to an expansion in businesses and workforce, resulting in an increase in demand and leasing volume, JLL executive says …
Chinese Brands Replace US and European Products in Russia at Brisk Pace, Knock Up Record Sales
The Chinese ‘takeover’ happened after hundreds of global brands left Russia in protest against Moscow’s military operation in Ukraine that started a year ago.
Ukraine live briefing: China to host Kremlin ally Lukashenko amid worries about Beijing’s stance on the war
China will host Belarusian President Alexander Lukashenko, an ally of Russian President Vladimir Putin, amid concerns Beijing is weighing lethal aid to Moscow.
French President Emmanuel Macron to visit China after Beijing’s Ukraine peace plan
China has sought to position itself as a neutral party on the conflict, even as it has maintained close ties with Russia and helped scuttle a joint statement condemning the war.
Shanghai’s return to business tests China reopening
Before the pandemic, its iconic Bund was usually thronged with foreign travellers and business delegations. But on a recent blustery February day the tourists marvelling at the colonial architecture …
China’s EU ambassador says EU leaders may visit China by mid-2023
Chinese ambassador to the European Union Fu Cong said European Commission President Ursula von der Leyen and European Council President Charles Michel may visit China in the first half of 2023, …
Low demand for goods from China, others sinks imports
A decline in demand from six of India’s top 10 import partners — China, Saudi Arabia, Iraq, South Korea, Australia, and Singapore — resulted in India’s imports hitting a 17-month low of $50.6 …
Your Sunday Asia Briefing: Energy Shock and China Stocks Shift
Russia’s war continues to have a profound and lasting effect on geopolitics and business across the globe, from the G-20 finance meeting in India, to a restructuring of the world’s energy supply chain …
Tech war: US alliance with Japan, Netherlands to ban chip equipment exports to China may spur investment in South Korea
As Japanese and Dutch chip equipment suppliers search for alternative markets outside China, South Korea is moving to attract investment Dutch semiconductor machinery maker ASML met South Korea’s …
Start-ups at hi-tech park in Shanghai quicken IPO preparation plans after CSRC reforms to domestic listing rules
Technology start-ups at a major hi-tech park in Shanghai are expected to be some of the leading beneficiaries of China’s reformed initial public offering (IPO) mechanism as they fast track …
Congressman Warns China Would ‘Go to Bed With a Loser’ Amid Russia Alliance
Representative John Garamendi, a California Democrat, warned that MAGA Republicans withholding Ukraine aid would send a dangerous message to China.