China’s top legislator, Zhao Leji, said it is Beijing’s consistent strategic policy to defend and develop friendly relations between China and North Korea, North Korean state media KCNA said on Saturday.
Monthly Archives For April 2024
Rising Tensions in the U.S.-China AI Arms Race
US-China technology war further enhances the wedge between the Two Poles, thereby widening the chasm that is an outcome of the growing divide.
Could Hong Kong See Spot BTC and Spot ETH ETFs on Monday? ‘Bitcoin Sign Guy’ Sells His Bitcoin Sign
“CoinDesk Daily” host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Bloomberg report that says investors could see approval as early as next Monday for spot bitcoin and spot…
JPMorgan Private Bank Taps Goldman’s Kui as Head of China
JPMorgan Chase & Co. named Florence Kui as head of China market for its private bank, amid broader changes to its overall leadership overseeing operations in the world’s second largest economy.
ADB increases its growth forecast for China to 4.8%
The Asian Development Bank has revised its growth forecast upwards for China to 4.8 percent in 2024, 0.3 percentage points higher than the estimate made in December. With more proactive fiscal policies in place, the…
China tightens Russia payments scrutiny, hitting electronics components, say Russian media
Russian companies are facing growing hurdles when making payments to China, two Russian news outlets reported on Friday, with one saying transactions involving electronics components were being …
China Funds Weigh $415,000 Pay Cap in ‘Common Prosperity’ Drive
Several Chinese mutual fund managers have proposed to cap staff salaries at about 3 million yuan ($415,000), in response to President Xi Jinping’s “common prosperity” drive, according to people …
The cost of imports from Asia and North America are moving in opposite directions
Automotive products and energy from North America got a bit more expensive, while currency issues hit Asian consumer goods and electronics.
US says China is boosting Russia’s war machine in Ukraine
China is supporting Russia’s war effort in Ukraine by helping Moscow ramp up its defense production through large amounts of machine tools, microelectronics, drone and cruise missile technology, senior U.
‘Low price’ is the word at China’s largest trade show
U.S. and EU officials are concerned their own industries won’t be able to compete with China’s vast industrial capacity driving down prices. But deep and prolonged factory gate deflation has become a concern domestically as…
Embattled Senior Fauci Advisor Used Private Email Account to Discuss Covid-19 Origins
A top advisor to former National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci is facing further scrutiny for allegedly using his personal Gmail account to discuss covid-19 …
US Airlines Accuse China of ‘Harmful Anti-Competitive Policies’
At the time, U.S. officials granted Chinese carriers approval to make 50 weekly round-trip flights, increased from 35 amid the COVID-19 pandemic. Prior to the pandemic, over 150 weekly flights were …
Beijing slams US and allies for attacking China
Beijing has condemned the US, Japan, and the Philippines for “smearing and attacking” China ahead of a three-way summit in Washington on Friday. Before the meeting, the three countries released a statement calling China’s maritime…
ADVERTISEMENT
