“This kind of small circle dominated by the Cold War mentality is of no benefit and extremely harmful,” a spokesman for the Chinese defense ministry said.
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Beijing’s Growing Boldness: China’s Stance On Ukraine Sparks EU Alarm
Trade trumps geopolitics as Australia PM visits China
China Tries To Choke Off Defense Industry of US-Backed Rival
Myanmar group prosecuted for fraud
China Denounces US Tariff “Bullying”
China’s deflationary slide is worsening as companies spiral into price wars
US Moves To Loosen China’s Grip on Rare Earth Minerals
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China-Russia Arms Race Brewing Over Western Nuclear Pact—Report
Gas, crypto, and China’s move to dethrone the dollar
about topics like Bitcoin and U.S. blockchain companies. But step back and you might see a connection. In September, Foreign Policy published an article titled “China is quietly trying to dethrone the …
China’s Meizu unveils first smartphones since deal with Geely founder
China’s Meizu on Thursday unveiled its first smartphone products since it was taken over by a venture belonging to Zhejiang Geely Holding’s (GEELY.UL) founder, with the firms saying it marked their …
Alibaba’s Cainiao Logistics Division Prepares For IPO By 2023
Alibaba has tapped banks, including China International Capital Corp Ltd (OTC: CNICF) and Citigroup, Inc (NYSE: C), to prepare for the IPO, Bloomberg reports. The firm, worth over $20 billion, is …
China’s top airlines post record annual losses, outlook brighter
China’s flagship carrier Air China Ltd posted record annual losses of 38.6 billion yuan ($5.61 billion)on Thursday as the country’s now-abandoned zero-COVID policy led to a plunge in demand.
China And Brazil Reach Deal To Ditch U.S. Dollar And Trade In Their Own Currencies
China, the prime opponent to US economic power, and Brazil, which currently has the largest economy in Latin America, will be able to carry out their immense economic and financial dealings without …
E.China export hub reports pick-up in sentiment
Business sentiment is picking up in Kunshan, a manufacturing hub in East China’s Jiangsu Province, despite headwinds that have weighed on the city’s exports. The “China collapse” narrative of some …
Alibaba Showcases Business-Friendly Beijing Policy
Shares of Alibaba Group were up after the company put forth its plan to break down its empire into six individual companies and announced their list …
China Vanke Defies Property Woes With $3.3 Billion in Profit
China Vanke Co., the nation’s second-largest developer by sales, arrested an earnings slump by posting 22.6 billion yuan ($3.3 billion) in annual profit, underscoring the divide between private firms …
World stocks rise as bank fears ease; China economy improves
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six…
China’s Big Five banks post healthy results, warn of shaky recovery
China’s Big Five lenders posted above 3.5% annual net profit growth this week, but warned that the foundations of the country’s recovery were “not yet solid”.
Worried About Shadow Banking? Don’t Look at China
When we talk about shadow banking, we think of China, one of the world’s most indebted nations. Lending by companies that do not own a banking license has reached 50 trillion yuan ($7.3 trillion), or…
Biden lets China threaten the greenback’s status as the world’s reserve currency
Now, the stage is set for the crown prince to gift the CCP its endgame: Saudi Arabia accepting yuan, not the dollar, for oil sales to China, more than a quarter of its total oil…