China’s top diplomat said Thursday Beijing would strengthen ties with Russia in areas of strategic communication and coordination, as the allies’ contacts grow closer after Moscow’s invasion of …
Monthly Archives For July 2023
Iran just joined a pact with Moscow and Beijing — here’s what it means for the US
On July 4, as the U.S. was celebrating its 247th birthday, Iran was celebrating the birth of a new multipolar world order, intended to replace the current unipolar American-led order. As …
China lawmakers promise ‘inclusive and prudent’ attitude to building AI with ‘socialist values’
The Chinese Communist Party has released a new document of guidelines for artificial intelligence development, requiring models to adhere to “core socialist values.”
Germany Says China Trade Could Create Perilous Dependence
A long-awaited strategy statement is an attempt to set a coherent approach for dealing with China, Germany’s largest trading partner, in policy and business.
Germany publishes new strategy on ‘increasingly assertive’ China
Germany published its long-awaited China strategy on Thursday, which took stock of an “increasingly assertive” Beijing and outlined possible responses such as outbound investment controls on …
McDonald’s affirms confidence in China market
McDonald’s China has said the company’s shareholding structure will not change and it is on track to achieve its goal of running 10,000 stores in the Chinese market.
Germany presents long-awaited strategy on China, stresses economic security
The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but …
Volkswagen’s China chief welcomes political goal of Germany’s Beijing strategy
Volkswagen’s Chief Operating Officer Ralf Brandstaetter on Thursday welcomed the political goal of the German government’s new China strategy “to strengthen our own position, … to reduce one-sided …
Beijing hostels cause online stir with age caps
Shangyou found there are indeed a lot of hostels with an age cap, although the cap is 40 or 45 in some locations. When asked about the reason, many said in addition to safety concerns,…
China’s war on financial reality
As China’s economic recovery falters, authorities are cracking down on divergent or negative views. For some analysts at Western banks, who are tasked with keeping global clients informed, the …
China’s Worse-Than-Expected Exports Deal New Blow to Economy
China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook and geopolitical tensions making a reprieve unlikely anytime …
Alert: China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed
HONG KONG (AP) — China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed.
McDonald’s China owners Carlyle, Trustar plan partial exit with US$4 Billion stake sale; GIC, Mubadala among investors approached
Carlyle Group and Trustar Capital plan to raise US$4 billion from investors like Singapore’s GIC who may buy part of their stakes in McDonald’s operations in Hong Kong and mainland China.