Australia’s ambassador to Japan Justin Hayhurst said ‘any conflict or miscalculation or use of violence to change the status quo would be catastrophic’.
Monthly Archives For May 2023
China unlikely to play peacemaker role in Ukraine war, Western officials and experts say
Beijing tends to play it safe in its diplomacy and remains reluctant to pressure Moscow, foreign diplomats and former U.S. officials say.
Can Washington and Beijing Overcome Their Differences?
Rising tensions between the United States and China threaten to redivide a world whose cohesion will be crucial to addressing a multitude of problems.
Exclusive: G7 summit statement to target China’s ‘economic coercion’
Leaders of the Group of Seven (G7) countries are set to issue a statement of concern about China’s use of economic leverage abroad when they gather next week, according to a U.S. official familiar …
Despite China’s Crypto Ban, TMS Network (TMSN) Triumphs Over Chainlink (LINK) and Polygon (MATIC), Attracting Million Dollar Investment
Despite China’s crackdown on cryptocurrency, TMS Network (TMSN), a blockchain-based platform, has successfully attracted a $4 million investment. The platform, which facilitates secure and efficient …
G7 finance leaders say greater economic uncertainty requires vigilance, vow to contain inflation
The Group of Seven’s top financial leaders say they are united in their support for Ukraine and determination to enforce sanctions against Russia for its aggression …
G7 finance leaders pledge to contain inflation and to continue support for Ukraine
Finance ministers and central bank chiefs ended talks in Japan with a joint statement pledging to bring inflation under control while aiding those suffering the most from surging prices.
China Authorities Summon Banks to Clarify Probe Details: Cailian
Chinese authorities summoned several state-owned banks and other lenders on Friday to clarify details of closely watched industry probes, local media reported.
Why China is unlikely to rescue the world economy again
Beijing’s huge stimulus program helped the West to recover from the 2008 financial crisis. This time, however, China’s post-COVID recovery is patchy and geopolitical issues mean it is unlikely to stop a global recession.
Duty-free hub Hainan’s May Day holiday retail sales fall flat in first post-pandemic test for ‘China’s Hawaii’
Hainan, a tourist hub and shopping mecca at the southern tip of China, saw disappointing retail sales during the country’s first ‘golden week’ holiday since Covid-19 restrictions were lifted.
Beijing intensifies crackdown on financial crimes
More than 4,500 financial cases have been solved and over 5,500 suspects arrested since last year, data released by Beijing’s Public Security Bureau showed on Saturday.
Chinese policy bank steps up support for revitalizing NE region
By the end of April, the policy bank had issued nearly 400 billion yuan (about 57.6 billion U.S. dollars) of loans to projects involved in this undertaking, it said. It had also allocated 23.3 billion…
G7 finance leaders vow to contain inflation, strengthen supply chains but avoid mention of China
The Group of Seven’s top financial leaders united Saturday in their support for Ukraine and their determination to enforce sanctions against Russia for its aggression but stopped short of any overt …
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