A tiny wooden shed perched on a steep cliff in a scenic southern Chinese region has earned the nickname of “most inconvenient convenience store” in the country.
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Australian prime minister calls for cooperation ahead of meeting with China’s Xi
Australian Prime Minister Anthony Albanese has struck an optimistic tone ahead of his meeting with Chinese leader Xi Jinping, calling for cooperation while emphasizing that the two countries will continue to have differences.
China’s first deficit in foreign investment signals West’s ‘de-risking’ pressure
China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing’s challenge in wooing overseas companies in the wake of a “de-risking move by Western governments.
China’s strong banking sector fears no slander as performance stable
Their comments mainly pointed to so-called issues like risk exposure of local bonds in China’s banking sector being too large, and said it is difficult to achieve good capital adequacy ratios, …
Former Google China President’s Startup 0.1AI Hits $1B Valuation, Outperforms Meta’s Llama 2
Despite political tensions and US restrictions on AI semiconductor sales to China, 01.AI has secured the chips for the … Tesla CEO Elon Musk Vows’ None Of My Companies’ Will Ever Create A Crypto …
Australia PM Anthony Albanese Sees “Promising Signs” Of Better China Ties
Canberra’s move to ban Huawei from 5G contracts, its targeting of Chinese influence operations in Australia and a decision to challenge China on its handling of the Covid-19 pandemic all irked Beijing …
Foreign Firms Pull Billions in Earnings Out of China
For years, foreign companies plowed the profits they made in China back into the country. Not anymore.
China’s Xi to welcome Australian PM Albanese in Beijing
Beijing is Canberra’s biggest trading partner, but relations plummeted in 2020 after Australia’s then-conservative government barred Chinese tech giant Huawei from 5G contracts and called for an …
Australia news live: Albanese tours Beijing’s Temple of Heaven in homage to 1973 Whitlam trip
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UPDATE 2-Australia’s Albanese seeks dialog, cooperation in China visit
Australia will continue to work constructively with China, he said in a short speech to the annual China International Import Expo in Shanghai, which was opened by Premier Li Qiang. Albanese is the first Australian…
China to accelerate issuance of gov’t bonds, says finance minister
China will accelerate the issuance and use of government bonds, state-run news agency Xinhua reported on Sunday citing an interview with new finance minister Lan Foan. The finance ministry will …
China to start using digital yuan for cross-border payments
China’s ambition in reshaping global finance takes a leap forward as it gears up to integrate the digital yuan into cross-border transactions. This move, poised to bolster the nation’s financial …
Pacific Islands Forum to focus on climate and China after Solomon Islands’ deal with Beijing
Sogavare travelled to Beijing in July to sign a raft of deals including a new police cooperation agreement and said in September that the US should stop “lecturing” Pacific leaders. Albanese to echo Whitlam as…