Chinese President Xi Jinping signed multiple cooperation deals with his Indonesian counterpart Prabowo Subianto on Saturday, Chinese state TV CCTV reported, as the two countries seek increased partnerships in key areas.
Monthly Archives For November 2024
China’s space agency brought the 1st lunar far side samples to Earth this year — here’s what’s next
China’s space agency has opened up a first round of applications for researchers to borrow its Chang’e 6 lunar far side samples. Chang’e 6 launched in May this year. The complex, multi-spacecraft, 53-day mission collected…
China, Indonesia Firms to Ink $10 Billion of Deals, Prabowo Says
Chinese and Indonesian firms will sign business agreements totaling more than $10 billion … said the relationship between China and Indonesia is getting “stronger and stronger,” according to a pool report of Saturday’s welcoming ceremony.
Chinese Official Sentenced for Life After Selling State Secrets to Cover Crypto Debt
Chinese official Wang Moumou sentenced to life for selling secrets to UK intelligence, driven by crypto debt and paid in crypto.
Trump’s New Trade War With China Is Coming
With Donald Trump’s decisive victory in Tuesday’s presidential contest, the U.S.-China trade war is set to further escalate … citing what he called unfair trade policies and intellectual property theft. Trump, who has previously called…
Birthplace of Confucius given key role in Beijing’s soft power push
Economic powerhouse renowned for its mountains, coastline and cultural heritage aspires to expand its global influence.
China Stimulus: $1.4 Trillion Booster By Beijing- Who Will Gain?
Finance Minister Lan Foan indicated further stimulus plans are underway. Beijing will allow local governments to allocate 10 trillion yuan ($1.4 trillion) to reduce off-balance sheet, or “hidden,” debt as worries mount over China’s economic…
China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
The country’s top legislative body gave its green light for local governments to swap some of their mounting off-balance-sheet debts but stopped short of new fiscal stimulus measures to revive the …
Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
Europe seeks ‘normal, fair’ China trade ties in wake of Trump win: EU envoy Jorge Toledo
The EU is increasingly anxious about incoming US president Donald Trump’s cross-Atlantic moves, while its trade row with China has deepened.
DBS Bank buys entire 75th floor in The Center, extending foray into Hong Kong property market
Mobile phone carrier China Unicom (Hong Kong) currently occupies the 75th floor at a monthly rent of HK$1.46 million in a lease expiring in June 2027, official records showed. DBS will boost its …
China’s stimulus falls short, as a showdown with Trump looms
Lan Fo’an, China’s finance minister, said that local governments would be allowed to issue extra bonds worth trillions of yuan to replace riskier “hidden” debts. These hidden liabilities typically belong to local-government financing vehicles (…
China unveils $1.4 trillion stimulus package to address ‘hidden’ debt
China has unveiled a five-year CNY 10 trillion ($1.4 trillion) financial plan to tackle the problem of ‘hidden’ debt in local governments. The plan, announced by Finance Minister Lan Fo’an, will be …
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