China’s former justice minister Fu Zhenghua, who spearheaded several corruption-fighting campaigns, has been jailed for bribery. Fu pleaded guilty in July to accepting 117 million yuan ($14.7m; $16.5m …
NEWS
China says U.S. EV subsidy rules suspected of violating WTO rules
China said the U.S. Inflation Reduction Act is suspected of violating the WTO rules and will adopt measures to safeguard its legitimate rights when necessary, the commerce ministry spokesperson Shu …
China’s Lipstick King reappears, months after Tiananmen ‘tank cake’ row
Celebrity livestreamer Li Jiaqi returns to screen after nearly four months of silence following a broadcast showcasing a tank-shaped dessert …
UN Latest: China Stands by Russia; Zelenskiy Wants Weapons
China backed Russia’s role in the United Nations as leaders from around the world decried the Kremlin at a session of the General Assembly for its war in Ukraine, which the leaders of France and…
Chinese envoys help plan likely visits to Beijing by French and German leaders
German Chancellor Olaf Scholz and French President Emmanuel Macron are expected to meet with Chinese President Xi Jinping in separate November trips, the first by European leaders in three years due …
U.S. lawmakers pile pressure on big banks over China ties, Taiwan
Top U.S. bankers came under pressure from lawmakers on Wednesday to take a tougher stance on doing business with China amid growing tensions between Washington and Beijing over Taiwan’s sovereignty …
Beijing’s Plans to Decouple from the Dollar
This new and comprehensive report explores China’s plans to reconfigure the global financial order, analyzing whether it can decouple from the dollar and create a parallel system based on the yuan.
Shenzhen aims to be fintech hub
Shenzhen, Guangdong province, aims to build an international center of financial technology by 2025 through an all-around digital upgrading of financial institutions and propping up real economies …
China’s Top Online Travel Service Provider Swings To $6M Profit In Q2, But COVID-19 Curbs Sour Recovery
China’s leading online travel service provider Trip.com Group Ltd (NASDAQ: TCOM) reported a second-quarter profit of RMB 43 million ($6 million) compared to a net loss of RMB 659 million ($93.5 …
Beijing’s Zero-COVID Policy Draws New Anger After Fatal Bus Crash
After at least 27 people died on the way to quarantine, online comments have proliferated despite efforts of censors to contain criticism, snark …
Scientists at America’s top nuclear lab were recruited by China to design missiles and drones, report says
China is playing a game that we are not prepared for, and we need to really begin to mobilize,” said Greg Levesque, lead author of the report by Strider Technologies.
China’s ‘soft power’ takes a hit from Covid-19 policy
The 19th edition of the China- Asean Expo (Caexpo) took place recently in Nanning, the capital city of the Guangxi autonomous region. I first attended this event in 2018 in my capacity as the …
China calls for Ukraine, Russia peace talks as Putin launches military mobilization
China again called on Ukraine and Russia to restart peace talks just hours after Russian President Vladimir Putin expanded his war effort by instating conscripts to fight.