A Philippine supply ship dangerously approached a Chinese ship resulting in a slight collision after it illegally intruded into waters adjacent to the Second Thomas Shoal in the South China Sea, the …
Monthly Archives For June 2024
Oil prices inch down on weaker US consumer demand ahead of China data
Oil prices slipped in early Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand and as traders awaited the release of key economic data from China, the world’s biggest crude…
China’s Overseas Travel Recovery From Covid Lags Due To Costs, Visa Snags
A recovery in Chinese overseas travel from the COVID-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
Chinese premier and Australian prime minister meet at Australia’s Parliament House
Chinese Premier Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations are meeting in Australia’s Parliament House to discuss thorny issues. Among those are …
Xi’s battle to stop investors fleeing China may be about to get easier
A new International Monetary Fund analysis shows global capital flows have soared in the US and plummeted in China and emerging markets.
German firms hope EU-China tariff talks can help dodge shake-up in EV business
Germany has little to gain as Brussels slaps duties on Chinese electric vehicles and Beijing vows retaliation, business group says.
Asia-Pacific markets set for lower open ahead of key China data
The People’s Bank of China is also expected to hold its medium term lending facility rate unchanged at 2.5%. Asia-Pacific markets are set to open lower on Monday as the region looks to key economic…
German Chamber in China Says EU Tariffs Won’t Protect Automakers
The German business chamber said the European Union should invest to become more competitive instead of hiking tariffs on China-made electric vehicles, adding to Berlin’s efforts to avert or soften the trade curbs.
Australia’s Albanese, China’s Li to discuss trade, jailed writer
Australia’s Prime Minister Anthony Albanese and Chinese Premier Li Qiang will meet on Monday in the first such visit by a Chinese premier in seven years, with trade ties, regional security and a jailed Australian…
China pursuing ‘significant’ expansion of nuclear arsenal, report says
China is also modernizing its nuclear arsenal and could have as many intercontinental ballistic missiles as the United States by 2030, a new report says.
Australia’s trade with China surges to record level after tariffs lifted
Farrell added that A$86mn of wine was shipped to China in April, the month after tariffs were lifted, and that he was optimistic trade would make a “full recovery”. Australia exported A$1.2bn of wine a…
China tests Long March-10 rocket’s propulsion for manned lunar mission
The Long March-10 carrier rocket is a three-and-a-half-stage rocket designed to deliver Chinese spacecraft to the moon. China’s manned lunar mission will launch new-generation manned spacecraft and lunar landers.
Adidas investigates bribery allegations in China, Financial Times says
Probe launched after company received a whistleblower complaint that accused senior staff of embezzling ‘millions of euros,’ the newspaper reported …
