Draft statement from summit in Italy stresses G7 not trying to harm China or thwart its economic development but aims ‘to level the playing field’.
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G7 vows to counter China’s ‘unfair’ business practices, puts financial institutions on notice
China firms seek probe into EU pork as trade row deepens
By Mei Mei Chu BEIJING (Reuters) -Chinese firms have formally applied for an anti-dumping probe into pork imports from the European Union, the state-backed Global Times reported, escalating tensions …
Pentagon ran secret anti-vax campaign to undermine China during pandemic
The covert effort began under Trump and continued into Biden’s presidency, Reuters found. Health experts say it endangered lives for possible geopolitical gain.
Hong Kong wants more smiles for tourists but prices and Shenzhen are bigger issues, experts warn
Chief Executive John Lee urged residents to be more courteous, to smile more and to “go the extra mile to promote Hong Kong’s hospitality.” …
Filipinos protest outside Chinese consulate to denounce Beijing’s ‘trespass’ rules in disputed waters
Dozens of Filipino activists trooped to the Chinese consulate in Manila on Friday to denounce Beijing’s order to detain “trespassers” in the disputed South China Sea that overlaps with the stretch of …
China new bank loans rise far less than expected in May as demand wobbles
New bank lending in China rebounded far less than expected in May and some key money gauges hit record lows, suggesting the world’s second-largest economy is still struggling to regain its footing …
Europe skids as China tariffs threat rattles car makers
World stocks retreated from record highs on Thursday as the feelgood factor of slowing U.S. inflation and somewhat comforting Fed signals made way for a fresh bout of politics- and tariffs-induced weakness in Europe.
Rich countries unite against China … sort of.
Under pressure from the U.S., the G7 is rolling out new initiatives to counter China’s economic reach. There’s little agreement on how much further to go.
Building a New Engine for Beijing’s High-quality Development With New Quality
The first Web 3.0 Industrial Park – Zhongguancun Web 3.0 Industrial Park commits to building an industrial ecological highland. The reporters experienced the metaverse space and talked with Meta human …
China new bank loans rise far less than expected in May
New bank lending in China rebounded far less than expected in May and some key money gauges hit record lows, suggesting the world’s second-largest economy is still struggling to regain its footing …
China #MeToo journalist sentenced to five years in prison, supporters say
A leading #MeToo journalist in China has been sentenced to five years in prison on subversion charges, according to supporters, as the ruling Communist Party ramps up its effort to dismantle what …
China firms seek anti-dumping probe of EU pork imports
Chinese firms have formally applied for an anti-dumping investigation into pork imports from the European Union, the state-backed Global Times said, after the bloc’s decision to impose anti-subsidy …
G7 focus switches to China, Pope to lead AI discussions
Group of Seven leaders launched into a final day of talks at their annual summit on Friday, with China topping the agenda before Pope Francis puts in an historic appearance to discuss artificial …