President Xi Jinping pledged on Thursday (Sept 5) to step up China’s support across debt-laden Africa with funding of nearly US$51 billion (S$66 billion) over three years, backing for more …
Monthly Archives For September 2024
China coach laments ‘most difficult night’ after 7-0 loss to Japan
China coach Branko Ivankovic rued the toughest night of his career after his team slumped to a record 7-0 loss to Japan in a World Cup qualifier.
China-Owned Brokerages Plan Merger to Create $228 Billion Entity
Two China-owned financial institutions have agreed to merge, creating an entity with $228.28 billion in assets, as Beijing pushes to strengthen its domestic financial market.
China’s wealthy are increasingly looking overseas for business investment opportunities
China’s wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.
China’s halt of foreign adoptions leaves questions about pending cases
BEIJING: The Chinese government is ending its intercountry adoption program, and the US is seeking clarification on how the decision will affect hundreds of American families with pending a …
China-Africa ties ‘best in history’ claims Xi, as Beijing steps up military aid
China is enjoying its “best in history” ties with African nations, leader Xi Jinping said on Thursday, as he pledged $50 billion in financial support for the continent, in addition to military aid.
China’s global battery ram will be hard to stop
China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s Seal and Great Wall Motor’s Funky Cat face an international backlash. The U.S. is quadrupling duties on imports…
Dairy exporter the US gloomy over China demand outlook
China’s demand for dairy whey protein has picked up but the demand outlook for other dairy products looks “questionable”, major New Zealand export competitor the United States says. In its latest market update,
Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express
Taiwan military officers exposed in cryptocurrency espionageTwo Taiwanese military officers have been indicted on charges of selling sensitive government information to mainland Chinese contacts in …
China halts foreign adoptions of its children, leaving families in limbo
A Chinese foreign ministry spokesperson tells the Associated Press that China is no longer allowing foreign adoptions of the country’s children, with the only exception for blood relatives to adopt a …
China Creates $230 Billion Brokerage to Take on Wall Street
China is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the $1.7 trillion sector and build stronger investment banks to compete with overseas financial firms.
China’s Market Is Changing. Global Companies Need to Adjust to the New Competitive Reality.
As its economy slows, banking on the size of China’s market is no longer a path to global success, Alfredo Montufar-Helu writes in a guest commentary.
China halts foreign adoptions, leaving questions about pending cases
The Chinese government is ending its intercountry adoption program, and the U.S. is seeking clarification on how the decision will affect hundreds of American families with pending applications.