Providing the right digital infrastructure can be helpful to rural economies, such as those in Southwest China’s Yunnan province, where local operators have rolled out universal telecommunications …
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China willing to continue strengthening cooperation with Belarus -state media
China is willing to continue strengthening its strategic cooperation with Belarus, President Xi Jinping was cited as saying after meeting with Belarusian President Alexander Lukashenko on Monday. Xi …
Global Impact: as uncertainties swirl over South China Sea, joint exercises and heightened tensions reverberate within the neighbourhood
In this issue of the Global Impact newsletter, we look at the latest developments in the disputed South China Sea.
Shein IPO points to improved market sentiment
China-founded fast-fashion giant Shein is reportedly planning an initial public offering (IPO) that would value the company at $90 billion (€82.7 billion). A Shein IPO would be controversial. Shein’s …
Beijing is winning hearts and minds, Australia needs to get real in the Pacific
Beijing hopes that for the right price, these countries will support it in the United Nations, distance themselves from Taiwan, and perhaps, when it comes to the crunch, not stand in the way of an…
‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms’ derisking trend
The decision by McDonald’s to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky – but the potential pay-off is great,
South Korea to consult China over urea export delays
South Korea on Monday said it will consult China to prevent disruption to urea supplies after Korean companies reported the fertiliser and emissions reducing chemical was taking longer to pass through …
Freedom and dignity: Millennial Chinese leave China for Thailand
Exhausted by gruelling and unrewarding jobs, some are taking flight to escape abroad. Read more at straitstimes.com.
China says a US Navy ship ‘illegally intruded’ into waters in the South China Sea
The Chinese military said that an American naval ship had “illegally intruded” on Monday into waters near the Second Thomas Shoal, the site of a hot territorial dispute between China and the …
China’s Evergrande liquidation case adjourned until January: HK court
Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.
China’s military: US Navy ship ‘illegally’ entered territorial waters
China’s military on Monday said a U.S. Navy ship illegally entered waters adjacent to the Second Thomas Shoal, a disputed South China Sea atoll that has recently seen several maritime confrontations.
China Evergrande Gets Reprieve in Talks With Foreign Investors
A Hong Kong judge postponed deciding whether to force a liquidation of the property developer, which defaulted in 2021 on hundreds of billions of dollars in debt.
China front-loads future with new industrialization
Denis Depoux, global managing director of consultancy Roland Berger, said new industrialization is one of the key drivers of China’s future development, and this will generate fresh growth …