China is still a key growth market for budget furniture retailer IKEA despite the world’s second-largest economy showing signs of strain, executives at the biggest IKEA store owner said on Thursday.
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China bans new offshore brokerage accounts to prevent ‘bypassing’ of forex controls
China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking on new mainland clients for offshore trading, according to an official document seen by Reuters and confirmed…
Power plays: Why are more African leaders visiting China despite geopolitics?
As visits inevitably decreased during the Covid-19 pandemic to just four visits in 2022 and zero visits in 2021, this suggests that African leaders are trying to catch up since China opened its …
China loses spot at Paris Olympics’ equestrian event after test finds ‘controlled medication’ in horse
Beijing has lost its qualification to compete in the 2024 Paris Olympics’ equestrian event. A “controlled medication” was detected in China’s three-time Olympian horse.
Taiwan studying Hamas-Israel war for lessons amid military intimidation from China
Taiwanese Defense Minister Chiu Kuo-cheng said a task force has been set up to closely watch the Hamas-Israel war, and he stressed the importance of intelligence work.
India accuses China’s Vivo of visa violations, siphoning off $13 bln
Many employees of Chinese smartphone maker Vivo and its Indian affiliates concealed their employment when seeking visas, and some breached rules by visiting the “sensitive” Himalayan region of Jammu …
Exclusive: Combat veteran is likely replacement for China’s missing defence minister
The appointment of Liu Zhenli, which might happen before Beijing holds an international security forum this month, could boost military engagement with the U.S. amid regional tensions.
Exclusive-Combat Veteran Is Top Contender to Replace China’s Missing Defence Minister
BEIJING (Reuters) – General Liu Zhenli, the head of the military body responsible for China’s combat operations and planning, has emerged as the top contender to replace the country’s defence minister …
Chinese Economist Debunks ‘Collapse Theory’ Targeting China’s Economic Recovery
As China’s economy continues to rebound from the impact of the COVID-19 pandemic, it has been met with skepticism and criticism in the form of the ‘collapse theory,’ a perspective propagated mainly by the West.
Stark, Meechai take 1st-round lead at LPGA Shanghai in tour’s return to China after pandemic
Maja Stark and Wichanee Meechai have each shot 6-under 66 to take a two-stroke first-round lead at the LPGA Shanghai event in the tour’s return to China after the COVID-19 pandemic
Philippines Grapples with Rising COVID-19 Cases: A Look at Government Initiatives and Challenges
In an era defined by a global health crisis, the Philippines finds itself grappling with the challenges posed by the COVID-19 pandemic. With the number of cases witnessing a steady rise, the government has been…
Chinese officials urge calm after Evergrande fears reportedly spark small bank run
Fears that Evergrande’s debt woes are spreading into the wider financial industry have sparked a run on a regional bank in northern China, multiple state media outlets have reported. Depositors lined up at the bank…
China reports huge rise in COVID-related deaths
BEIJING–China on Saturday said nearly 60,000 people with COVID-19 had died in hospitals since it abandoned its zero-COVID policy last month, a huge increase from previously reported figures that …