This was supposed to be the “Chinese century.” In just a few decades, China transitioned from a developing economy to the world’s second-largest. Measured in purchasing power parity, it actually …
Monthly Archives For April 2023
Chinese exports on recovery trend amid inflation
MAJOR ports across China have reported a drop of empty containers, which industry insiders said is a sign of an export recovery as Chinese products gain a resilient and strong foothold in the world …
US imports bounce back in March despite dwindling China cargo
U.S. imports showed signs of life in March, rebounding from February, but the outlook remains highly uncertain. New data shows that wholesale inventories remain very high, while cargo flows from China …
China’s TikTok Embraces Bitcoin: Is Beijing Loosening Its Control Over Crypto?
The popular Chinese social media platform Douyin is displaying the price of Bitcoin (CRYPTO: BTC) in its search results, possibly indicating a shift in China’s stance on cryptocurrencies. Despite …
US, China unite in effort to rehabilitate Ya Ya the panda bear
The United States and the People’s Republic of China are cooperating on the return and rehabilitation of a giant panda that has lived in Tennessee for decades.
China’s currency could create ‘risk’ for financial system, IMF says
China’s currency stands to “be more predominant in international transactions” in the years to come, according to the International Monetary Fund, raising potential “risks” for global markets.
On the US and China, Macron Says the Quiet Part Out Loud
Three years after describing NATO as “brain dead,” Emmanuel Macron is once again playing transatlantic irritant. After a trip to China that was heavy on business contracts and light on geopolitical …
China in talks on emerging economy debt workout compromise -WSJ
China is negotiating a compromise plan with other major creditors that could help break a logjam in debt-relief talks for struggling developing nations, the Wall Street Journal reported on Tuesday.
China releases rules for generative AI like ChatGPT after Alibaba, Baidu launch services
The CAC’s rules highlight that concern and lay out a framework for how Chinese firms will need to approach the development of the technology. But the measures, which are slated to come into effect …
China’s Douyin App Takes Down Bitcoin Price Ticker Hours After It Went Live
Bitcoin prices showing up on Douyin seemed to be an indication that Beijing maybe warming up to crypto. However, the ticker being taken down immediately afterwards suggests otherwise.
Brazil’s Lula puts Ukraine peace on his agenda in China
President Luiz Inacio Lula da Silva departed Brazil on Tuesday for an official visit to China, where he aims to convince President Xi Jinping to form a group of nations to mediate an end to…
Pakistani students fly back to China as COVID-19 restrictions lifted
BEIJING: Pakistani students are flying back to China to pursue their studies after the country lifted its COVID-19 restrictions on inbound visitors earlier this year.These students are going back …
Photo catches Taiwan pilot with a patch of Winnie the Pooh getting punched in the face — a jab at China’s Xi as Beijing ups the pressure
A photo of the patch came out amid large-scale military drills held by China over the weekend, and now it is going viral.