The global communications director of the China-led Asian Infrastructure Investment Bank (AIIB) said on Wednesday he had resigned and criticised the bank as “dominated by the Communist Party”, …
Monthly Archives For June 2023
China increases oil import quotas 20% on year ago
China has issued a third batch of 2023 crude oil import quotas, raising the total volume in the first half of this year to 194.1 million tonnes, up 20% from the same period last year,…
Blinken to travel to China after foreign minister tells him to ‘show respect’ in phone call
US Secretary of State Antony Blinken spoke with Chinese Foreign Minister Qin Gang on the phone Tuesday to discuss bilateral and global issues.
While Hosting Abbas, China Plays Up Possible Mediator Role With Israel
In meeting with the Palestinian leader, Mahmoud Abbas, Xi Jinping is pushing Beijing as an alternative to the U.S. for diplomatic leadership.
The Download: heat pumps for everyone, and fake Twitter accounts in China
The news: Heat pumps, which use electricity to both heat and cool homes, are now just as common in low-income households in the US as they are in wealthier ones. This bucks the trend among…
Economic Watch: Shenzhen’s economic miracle fueled by innovation, talent
As the first special economic zone and tech-hub of the world’s second largest economy, Shenzhen’s GDP totaled 3.2 trillion yuan (447.13 billion U.S. dollars) in 2022, taking third place in China after Shanghai and Beijing.
Forum on Global Human Rights Governance opens in Beijing
The Forum on Global Human Rights Governance opened in Beijing on Wednesday Chinese President Xi Jinping sent a congratulatory lett
Blinken set for high-stakes China trip this week, but there’s no sign of a thaw yet
The top U.S. diplomat will travel to Beijing Friday to hold talks with senior Chinese officials, a long-awaited rescheduling of a visit that was canceled over the spy balloon saga.
Chinese Foreign Minister Qin Gang tells Antony Blinken U.S. must ‘show respect’ for China’s interests
Secretary of State Antony Blinken and his Chinese counterpart Qin Gang held a high-level phone call Wednesday morning ahead of their planned meeting.
China’s Credit Growth Slows in May; More Interest Rate Cuts Are Likely, Economists Say
China’s credit expanded at a slower clip in May than a year ago as new yuan-denominated loans tumbled and broad money supply growth slowed, prompting the country’s central bank to slash interest rates …
Could the COVID-19 pandemic have been avoided if China were a democracy?
Not only could China have potentially prevented the global coronavirus pandemic — its authoritarian regime is now also impeding our ability to learn from it, thereby increasing the risk of future …
More millionaires are expected to leave China this year than any other country, as the end of COVID-zero allows them to finally relocate
A new report from consulting firm Henley & Partners forecasts that China will lose 13,500 millionaires this year, twice as many as second-place India. Qilai Shen—Bloomberg via Getty Images China could …
China witnesses over 40 per cent surge in COVID-19 positive test rates in May
According to government data, China was hit by a COVID-19 wave again in May which had a nearing positive test rate compared to the peak seen during the pandemic hit at the end of 2022.
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