Last weekend’s clashes between Chinese and Philippine vessels in the South China Sea send troubling signals that their standoff is worsening to a point where lives could be lost, potentially dragging the world’s two most-powerful…
Monthly Archives For December 2023
Why China Is Blaming Social Media For The Country’s Highest Ever Youth Unemployment Rate
Barely six months after China began seeing a new trend of its youngsters turning … The nation’s struggling economy, which is still at a standstill despite a sluggish recovery from the COVID-19 …
Taiwan says China tried to pay one of their soldiers $15 million to steal a US Chinook chopper for them
The soldier was told to fly and land a CH-47F Chinook helicopter on a Chinese aircraft carrier in the Taiwan Strait, per online magazine CTWant.
Philippines summons Chinese ambassador over South China Sea ‘harassment’
The Philippines’ foreign ministry said on Tuesday it has summoned China’s ambassador to Manila to protest “back-to-back harassments” in the South China Sea at the weekend, as longstanding geopolitical tensions continue in the strategic waterway.
EU-China relations: Brussels to push outbound investment screening tools in January, amid concern over Beijing
The EU will present an “initiative” on screening outbound investments in the new year, as part of a package of tools aimed at de-risking its trading ties with China. The European Commission – the bloc…
China Nov bank loans rise to 1.09 trln yuan, miss forecasts
New bank lending in China jumped less than expected in November from the previous month, even as the central bank keeps policy accommodative to support a feeble recovery in the world’s second-largest …
China’s credit growth disappoints in November as bond sales slow
CHINA’S credit growth was slower than forecast in November as government borrowing to finance stimulus eased off from the highs seen in October. Read more at The Business Times.
Mainland China, Taiwan farming cooperation could be fruitful – despite recent sour grapes
Officials from mainland China have proposed enhancing agricultural trade with Taiwan – a potential move greeted with interest by industry players – but doubts weigh heavy as overall relations move …
Korea to reduce import reliance of key materials on China
Trade and Energy announced on Wednesday that it has identified 185 materials requiring stabilization in the supply chain through the diversification of import sources. The ministry aims to decrease …
China’s unwrought aluminium alloy imports rose in October, while exports declined, future port arrivals to drop
According to the latest customs data, China imported 108,900 mt of unwrought aluminium alloy in October, up 9.2% YoY and 17.5% MoM. From January to October 2023, total import volume was 907,800 mt, …
Second cold wave envelops China’s Beijing in snow, ice
Snow, blizzards and plunging temperatures swept northern China in what could be one of its most severe cold snaps in December, spurring authorities in the capital to halt train services, shut schools …
China’s aluminum scrap imports climbed in October
In October 2023, China’s aluminum scrap imports reached 154,200 mt, up 2.22% YoY and up 5.48% MoM, as per the General Administration of Customs.
China’s ‘walking’ pneumonia outbreak exposes stark global threat of superbugs, drug resistance
The situation in China serves as a stark reminder of a global challenge. The World Health Organization (WHO) has warned over the years about the overuse of antibiotics, which has resulted in common …
