Beijing has adjusted civil aviation routes near the sensitive median line in the Taiwan Strait, a move expected to further ‘squeeze’ the air space controlled by Taipei. The changes, taking effect on Thursday, were announced…
Monthly Archives For January 2024
US Says Fentanyl Talks With China ‘Meaningful’ but More Needs to Be Done-Official
Talks between the U.S. and Chinese officials on stemming the flow of chemicals used for the production of deadly fentanyl have been “substantive” but “much more” needs to be done, the head of the White…
China’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why
A 42-year-old Chinese woman, Jian Wen, is in the crosshairs of the China police following her alleged involvement with a wanted criminal.
Exclusive: Xi promised Biden China wouldn’t interfere in 2024 election
Chinese leader Xi Jinping told US President Joe Biden that China would not interfere in the 2024 US presidential election when the two men met in November — an assurance reiterated by the Chinese foreign minister to Biden’s…
China Says Balloons That Have Angered Taiwan Are ‘Nothing New’
Taiwan, which China claims as its own territory, has complained since last month about the balloons, which have flown over the sensitive Taiwan Strait. Some of the balloons crossed over the island itself before vanishing.
A blizzard threatens to put a chill on the Lunar New Year holiday—and on Beijing’s hopes of boosting the economy
Data from Fliggy, an Alibaba-owned travel platform, reports a five-times increase in bookings for Shanghai and a six-times increase in bookings to Beijing, compared to the previous Lunar New Year …
China to stiffen crypto regulations with new anti-money laundering laws
China plans to revise its Anti-Money Laundering policies to include cryptocurrencies. The move remains crucial as the nation has never updated its AML rules since its 2007 inception. Anticipated to …
China prepares to introduce crypto AML laws by 2025
China is revising its AML laws to include cryptocurrencies, aiming to enact these changes by 2025 for a stronger financial framework.
Myanmar hands over three junta-backed Chinese warlords to Beijing
Myanmar has handed over three Chinese warlords to Beijing, who were notorious for running scam centres that trapped more than 100,000 foreign nationals. Bai Suocheng, Wei Chaoren and Liu Zhengxiang led three of four families…
China unveils new property support measures amid concerns about Evergrande fallout
A state-backed property project in China has received the first development loan under Beijing’s so-called “whitelist” mechanism and two major cities have eased home-buying curbs, state media reported,
CHINA MOBILE Buys back 155K Shrs for $9.92M+
CHINA MOBILE (00941.HK) announced that it repurchased 155,000 shares of the company today (23rd) at $63.3-64.5 per share, involving $9.9227 million.Since the ordinary resolution wa… CHINA MOBILE …
China’s major state banks defend yuan as stock markets slide – sources
China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan as it came under pressure in currency trade as …
Evergrande’s liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book CEO says
“China’s non-commercial financial system ensures there won’t be a ‘Lehman Moment’, since the government effectively controls all of the intermediaries in the economy and can force them to continue to …