The Asian Development Bank is set to fund a $2B upgrade of Pakistan’s Karachi-Rohri railway, supporting the Reko Diq copper mine after Chinese delays.
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Pakistan set to get ADB finance for rail upgrade that China was to fund but didn’t
China reports 1st COVID-19 deaths in weeks – ABC News
China is reporting its first deaths linked to COVID-19 in weeks as cases surge amid the country lifting many of its so-called “zero COVID” policies. The deaths, which were reported on Monday by …
UK Delays Chinese Embassy Ruling After Beijing Withholds Detail
China’s plans to build a new embassy on the site of a two-century-old building near the Tower of London have stalled for the past three years because of opposition from local residents, lawmakers, and …
How China’s Air Force Was Born Thanks To Russia’s Su-27 Flanker
China acquired the advanced Su-27 fighter from a collapsing Soviet Union in a pivotal 1990 deal that reshaped its military future. -Following a Western arms embargo after the Tiananmen Square protests …
ADB to back Pakistan rail upgrade as China financing stalls, sources say
The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing China, after prolonged delays in securing financing from Beijing threatened to put a strain on a …
Nvidia halts H20 chip production as China clamps down on orders, citing alleged security risks
Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.
China’s Country Garden forecasts bigger loss after deliveries slump
Embattled Chinese property developer Country Garden on Friday warned of a bigger loss for the first half of fiscal 2025, after deliveries of housing projects halved from 2024 and asset impairments …
China’s Country Garden expects bigger first-half loss on higher impairments
Embattled Chinese property developer Country Garden on Friday forecast a bigger loss for the first half of fiscal 2025, citing higher asset impairments and reduced scale of real estate project …
Exclusive: ADB to back Pakistan rail upgrade as China financing stalls, sources say
The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing China, after prolonged delays in securing financing from Beijing threatened to put a strain on a …
Stablecoins prompt strategic rethink of China’s financial strategy
While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with the core principles of China’s heavily-controlled financial system …
Trump policies wipe out $19bn in US renewables projects putting China in the lead to dominate the AI race
By Ben Aris in Berlin Donald Trump’s rollback of clean energy incentives has derailed nearly $19bn worth of renewable energy projects this year, raising concerns over the US’s ability to meet soaring …
The U.S.-China trade war is now a game of rerouting and risk
Some U.S. scrap sellers are routing copper bound for China through Canada, Mexico and Vietnam to sidestep a 10% import duty, people familiar with the trade said. The use of third-country stops shows …
China’s stablecoin push raises questions on dollar dominance and market trust
China is considering a yuan-backed stablecoin to boost its global currency influence. On this week’s Byte-Sized Insight episode, industry experts explain the hurdles of adoption, liquidity and trust.
