Shi, of the PLA, said Chinese forces followed the U.S.’s Arleigh Burke-class guided-missile destroyer throughout its transit. Taiwan’s defense ministry said on Monday that the Milius, unaccompanied by …
Monthly Archives For April 2023
‘Financial surveillance in the West is more like China’s’ than we admit, digital dollar concern reveals
Privacy “tiering” sounds like a reasonable compromise, an appropriate tradition and standard. It is not. Indeed, it is a standard in a very different kind of society. As Giancarlo and I write in our …
GLOBALink | Time-lapse: 133rd China Import and Export Fair
The on-site activities of the 133rd China Import and Export Fair commenced Saturday in Guangzhou, south China’s Guangdong Province. The long-standing event, also dubbed the Canton Fair, will run until …
China protests US sanctions on Chinese firms for alleged collaboration with Russia
The Chinese government has voiced its opposition to the recent US sanctions on several national companies for alleged collaboration with Russia. However, these companies, mostly involved in the …
Crypto Prices Subdued After Bitcoin Tops $30,000 Briefly; US Regulators Comments Heat Up
As the crypto industry awaits updates on the housing market and China’s GDP data, cryptocurrency prices are starting the new week on a subdued note. Early Monday, Bitcoin (BTC), the largest …
China’s Belt And Road Initiative Is Running Into Huge Losses, Over $78 Billion In Loans Re-Negotiated
Bad loans worth over $78 billion have hit China’s $1 trillion Belt and Road Initiative (BRI) infrastructure finance programme in the past three years. China’s scheme had turned it into the top …
EU climate chief Frans Timmermans cancels China trip after positive Covid-19 test
The European Commission’s first vice-president was due to resume talks on bilateral cooperation Last week the bloc’s top diplomat, Josep Borrell, also tested positive and had to postpone visit The …
China’s ‘Artificial Sun’ Smashes Nuclear Fusion Record
China’s “artificial sun” has reached a new milestone in the rapidly advancing field of nuclear fusion. On April 12, a superhot fusion plasma was generated, sustained and confined for 403 seconds, …
Alibaba’s Logistics Affiliate Cainiao Targets International Expansion Amid IPO Preparation
People visit a Cainiao booth during the 3rd China International Consumer Products Expo at Haikou, Hainan province, China on April 14, 2023. Alibaba’s logistics arm Cainiao Logistics, which is said to …
Hong Kong bishop visits Beijing in historic trip amid Sino-Vatican tension
Hong Kong’s top Catholic cleric is due to arrive in Beijing on Monday on the first visit to the Chinese capital by a bishop of the former British colony in nearly 30 years, despite signs…
Interview: China’s growth contributes to Chinese, global financial stability, says IMF official
China’s economic growth is important for both Chinese and global financial stability at a time when the global financial system is showing considerable strains, an International Monetary Fund (IMF) …
China Pumps In More Liquidity While Keeping Key Rate on Hold
China’s central bank is pouring more liquidity into the financial system while keeping rates unchanged, moving to prevent funding squeezes as demand for credit rebounds.
Morning Bid: Markets hope China chooses to surprise on the upside
Citi’s economic surprises index for China data is at its highest level in 17 years, and the market sees upside risk for Tuesday’s releases on GDP, retail sales and industrial output.
