The thousands of North Korean troops US intelligence say arrived in Russia for training this month have sparked concern they will be deployed to bolster Moscow’s battlefront in Ukraine.
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Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.
China’s Jan-Sept apparent steel consumption down 6.2% y/y
China’s apparent steel consumption in the first three quarters of 2024 slid 6.2% year-on-year to 688 million metric tons, the state-backed China Iron and Steel Association (CISA) told reporters on …
Pulp Giant Suzano Sees Business in Top Buyer China Bottoming Out
Suzano SA, the world’s largest pulp supplier, said the “most challenging scenario ever” in top importer China is showing some signs of stabilization after further eroding in the third quarter.
Australia’s leader rejects Beijing’s claims that his country is rife with ‘racism and hate crimes’
Australia’s Prime Minister Anthony Albanese has rejected accusations from Beijing that his country is “plagued by systemic racism and hate crimes” after an Australian diplomat led a group of Western …
Beijing unveils tourism action plan
Beijing unveiled an action plan to drive high-quality growth in the tourism industry on Thursday during a conference, aiming at building the capital into a world-class tourism city and a global …
Jaishankar stresses need to respect border agreements amid Beijing’s silence on LAC patrolling pact
Meanwhile, in Delhi, Defence Minister Rajnath Singh said broad consensus had been achieved following talks between the two countries to “restore the ground situation”, including patrolling and grazing …
Trump says China’s leader will bully Harris ‘like a baby’
Donald Trump has said China’s leader would handle Vice President Kamala Harris “like a baby” if she’s elected to the White House …
How China is trying to win back foreign tourists
The government is also trying to kick-start the economy—and wants foreign tourists to help. In 2019 their spending accounted for 0.5% of GDP in China, compared with 0.9% in Japan, 1.1% in America and …
China Fiscal Pack Insufficient to Curb Deflation Risks, IMF Says
China’s recent barrage of fiscal measures fall short of what’s needed to address deflationary risks plaguing the world’s second-largest economy, according to one senior International Monetary Fund …
China going after down-ballot races: report reveals which lawmakers are in their crosshairs
U.S. adversaries are ramping up their election interference efforts, and China is going after anti-CCP down-ballot Republicans, according to a new report by Microsoft.
China Gold Imports Slump as New Tax Rule Looms
Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk …
$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
“This is so economical,” she marveled over a $1.80 dinner. “They also included fried chicken.” Other accounts tout $8 gym memberships and the merits of waiting for sales at fast-fashion clothing …
