MUNICH (Reuters) -U.S. Secretary of State Antony Blinken on Saturday warned top Chinese diplomat Wang Yi of consequences should China provide material support to Russia’s invasion of Ukraine, saying in an interview after the two…
Monthly Archives For February 2023
China warns U.S. to suffer ‘consequences’ if it escalates balloon incident
China warned the United States on Sunday it would “bear all the consequences” if it escalated the controversy over a Chinese balloon that the U.S. military shot down this month.
China may ‘creep up to the line’ of providing Putin with lethal aid as Biden cabinet members warn the country: Do not send support to Russia
Secretary of State Anthony Blinken warned a top China diplomat on Saturday against providing “material support” to Russia.
China proposes overhaul of commercial banks’ risk-exposure rules as it looks to strengthen financial system
The differentiated risk weightings for assessing banks’ capital adequacy ratios can more accurately reflect overall risk levels and capacity for operating sustainably The proposed rules, which are now …
With COVID Travel Bans Lifted, Hong Kong-China ‘Parallel Import Trade’ Returns
Hong Kong residents had protested the flow of pharmaceuticals, cosmetics, food and other goods into China long before the pandemic, saying it left them facing shortages and high prices …
Ethiopian adds Xiamen and Shenzhen to its cargo destinations in China
Ethiopian also plans to commence two weekly freighter flights between Shenzhen and Liège as of February 17, 2023. Ethiopian will deploy B777 Freighter on the new cargo routes. Regarding the launch of …
Luxury Sector Eyes Reopening Of China
After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023.
Govt departments removing China-linked CCTV and recording devices
The federal government is quietly stripping out every one of the almost 1000 Hikvision and Dahua devices found in government buildings across the country, as the extent of the links between the two …
China reports 98 coronavirus-related hospital deaths from February 10 to 16
China recorded 98 COVID-related deaths at its hospitals between February 10 to 16, the Chinese Center for Disease Control and Prevention said in a statement on Sunday, February 19. The death toll has …
China refines capital and risk management of commercial banks
China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step to better prevent risks in the country’s financial…
US lawmakers seek to stop China’s tech rise without a ‘Great Wall’
Across the political spectrum there seems to be a consensus that the free flow of trade, money and technology from the U.S. to China must be fundamentally overhauled.
China becomes choosy about farm produce exports
China’s decision to reopen border gates on January 8 to boost trade was good news for Vietnamese and Chinese import and export companies. Deputy Minister of Agriculture and Rural Development Tran …
China’s exports of pickup trucks surge 70% in January
China’s pickup truck exports surged 70% year on year in January, according to the China Passenger Car Association. A total of 10,000 pickup trucks were exported last month, said the association. China …
