But the relationship soured after the election of Rodrigo Duterte as president in 2016, who made it clear he wanted to prioritise a relationship with Beijing over Washington. A low point was reached …
Monthly Archives For February 2023
Chinese billionaire Bao Fan vanishes, with suspicion falling on Beijing
Bao Fan, the billionaire chairman and chief executive officer of investment bank China Renaissance, hasn’t been heard from in two days. The 53-year-old had a prominent role in the financial and …
China’s top banking regulator fines 5 banks over irregularities
Five financial institutions were fined a total of 387.9 million yuan (about $56.5 million) for irregularities in their businesses, China’s top banking regulator said on Friday. Bank of China, China …
Pakistan’s rice exports to China increase by 53pc in 2022
BEIJING: Pakistan’s rice export to China in 2022 surpassed USD 455 million with a volume of more than one million tonnes, for the first time between China-Pakistan rice trade, said Ghulam Qadir Commer …
2nd LD-Writethru-Xinhua Headlines: China rolls out registration-based IPO system across the board in milestone reform
Of milestone significance in the reform of China’s capital market, the move has basically put in place the institutional arrangements for the registration-based system, the China Securities Regulatory …
Isolated Iran finds ally China reluctant to extend it a lifeline
Shortly before leaving for his first state visit to China on Tuesday, Iranian President Ebrahim Raisi issued a thinly veiled criticism of his powerful ally, saying the two countries’ relationship has …
China mocks Biden admin for being ‘blind to the toxic mushroom cloud’ over Ohio while obsessing over balloons
China’s Ministry of Foreign Affairs on Friday ridiculed the Biden administration for focusing its energies on harmless objects in U.S. airspace but playing down the giant chemical fire in Ohio that …
China officially implements across-the-board registration-based IPO system, a milestone in capital market reform
China on Friday announced a detailed mechanism and regulations for a registration-based IPO system across the A-share market. The new rules are effective immediately, signaling the official …
China says it’s “open for business” again after zero-covid. Here’s what that means.
And, of course, all the prognosticating matters beyond feeding the prediction industry; businesses are using these forecasts to make investment decisions, and world leaders are reassessing the …
China’s top diplomat plays up belt and road in Europe as Beijing seeks to ‘make up for lost time’ in ties
Beijing is willing to resume dialogues with Europe to “make up for lost time caused by the pandemic”, said China’s top diplomat during visits to Paris and Rome, where he promoted the Belt and Road…
Hong Kong rescue team receives hero’s welcome in Beijing as they return from mission in quake-struck Turkey
Hong Kong and mainland Chinese officials in Beijing welcome return of mercy missions sent to Turkey to help find earthquake survivors; Wang Linggui, deputy director of State Counc …
‘Crisis point’: Foreign policy experts and investors are divided on China
Top foreign policy experts expressed grave concerns about the state of U.S.-China relations at a Council on Foreign Relations meeting. One academic said a “crisis point” had been reached due to the nations being too…
China Removes PICC, Bank of China Chairmen From Party Roles
China has removed the Communist Party chiefs from two of its biggest state-owned financial firms, sparking concerns of a renewed clampdown on the sector.
