BEIJING: China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan or US$50.7bil over three years in credit lines and investments.
Monthly Archives For September 2024
The 2024 Global Energy Transition Conference Kicks Off in Beijing’s Future Science City
The 2024 Global Energy Transition Conference commenced on September 7 in Beijing’s Future Science City, Changping District. A premier event in the energy sector, this forum has been held for six …
Customs officials conduct on-site inspection of frozen mutton shipment in C China
A vehicle loaded with frozen mutton arrives at an inspection site in Changsha, central China’s Hunan Province, Sept. 8, 2024. A shipment of mutton from Madagascar was cleared at Changsha Customs in …
China laments ‘garbage time of history’ as economy comes off peak and growth model hits dead end, expert says
People in China are so discouraged about the economic outlook that many have taken to social media to call it the “garbage time of history,” referring to the end of NBA games when the result…
Japan Inc. Sours on China After Long Years of Brushing Off Risks
Japanese companies are increasingly abandoning an approach to business in China that once seemed immune to politics, a stark shift after years when they were the biggest single investors in their …
China’s rescue plan for property market appears insufficient to reverse price decline
Second-hand home prices have continued to fall, with August marking the 28th month of consecutive decline. Read more at straitstimes.com.
Pedro Sanchez arrives in Beijing as EU-China tariffs rift rumbles on
The EU imposed provisional tariffs on Chinese electric vehicles with the European Commission maintaining that Chinese firms unfairly benefit from government subsidies, allowing them to keep their …
China: “Lift all tariffs on Chinese Goods” We are an opportunity, not a threat to the U.S.
An Opportunity, Not a Threat China’s Ministry of Commerce recently shared a message highlighting a key belief: China, with its massive population, should be seen as an opportunity for the United …
US-China flights are a quarter of what they were pre-pandemic — here’s why
Russian airspace is closed to U.S. airlines and fewer Americans are traveling to China, which is all leading to a downward trend for flights between the U.S. and China.
The Family Business in Alabama That Fights China for Survival
Long before Trump hit Beijing with tariffs, an American company making wire hangers won numerous trade cases involving Chinese hangers. Still it struggles to survive.
China opposes Dutch tightening of semiconductor export rules
The Dutch government has expanded its control measures on lithography machines, extending beyond its 2023 semiconductor export control policies. China has expressed dissatisfaction with this move, said the ministry’s spokesperson in an online statement.
China asked to extend loan repayment period to 30 years: Finance adviser
Bangladesh has asked China to extend its loan repayment period to 30 years, Finance Adviser Salehuddin Ahmed said today (8 September). “Bringing low-cost loans is always our priority. We want to …
China’s ‘disappeared’ foreign minister demoted to low-level publishing job, say former U.S. officials
Qin Gang, an aggressive “wolf warrior” diplomat, had a meteoric rise and an even faster fall from grace. He’s now said to be taking a salary at a Beijing state-run bookseller.
