Ties between the two countries have been strained since the clashes in the Galwan Valley in eastern Ladakh in June 2020.
Monthly Archives For April 2023
China’s budget revenues increased in Q1 2023
The Finance Ministry of the People’s Republic of China has reported that, in the first quarter of 2023, the country’s budget revenues …
Tickets to popular China tourism sites sold out as Labour Day holiday begins
Passenger travel on the first day of China’s five-day Labour Day holiday surged 151.8% from the same day last year, state broadcaster CCTV reported on Saturday. The number of air, road, waterway and railway trips…
Dollar dominance could give way to a ‘tripolar’ currency system as China’s yuan and the euro rise on the world stage
“With capital controls, it would be difficult for the [yuan] to become a viable international currency,” economist Stephen Jen told Insider.
China’s ride-hailing giant Didi reports 19% drop in revenue in 2022, citing Covid
China imposed stringent Covid restrictions across the country last year that had hammered its economy. It lifted those restrictions in December last year.
Major sci-tech facilities open in China’s Shenzhen
SHENZHEN — Three major scientific and technological facilities in the fields of information, the life sciences and new materials were put into use on Thursday in Guangming Science City in South China …
DeSantis critical of China, hazy on Ukraine as he charts foreign policy path
The potential 2024 candidate has been pushing in recent public remarks to reorient the Republican Party’s overseas focus
Ride-hailing giant Didi Global narrows losses despite China’s cybersecurity fine, Covid-19, as overseas business grows
The Beijing-based company has released its first annual report since it delisted from the New York Stock Exchange last year Net loss declined 52 per cent to 23.8 billion yuan, even as revenue fell 19…
China ups financial support for agriculture, rural areas
China strengthened financial support for rural areas the agriculture sector and farmers in the first quarter of this year with r …
Decoupling Or Not, China Still Opening Wide Its Economy
The private sector and foreign investors have become increasingly skeptical about doing business in China since Covid-19. The risks of shutdowns, tr …
China’s service consumption vitality boosts confidence of int’l trade partners
This aerial photo taken on April 27, 2023 shows the night view of Tientsin Eye Ferris wheel in North China’s Tianjin. [Photo/Xinhua] TIANJIN — Increased inquiries for hotel rooms, catering and events …
Firm Of Ex-Intel Officials Behind Hunter Biden Letter Advising VC Giant Pouring Millions Into China
Investment firm Sequoia Capital recently hired Beacon Global Strategies, a firm led by former intelligence officials behind the infamous Hunter Biden laptop letter, to advise it on how to operate in China as the venture…
Trudeau points to ‘slave labor’ in China lithium production
Canadian Prime Minister Justin Trudeau on Friday linked the production of lithium in China to “slave labor” as he discussed his own country’s efforts to ramp up production of the metal used in electric vehicle…
