President Xi Jinping pledged on Thursday to step up Chinese support to Africa, the world’s second fastest-growing continent, with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at…
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China detains AstraZeneca staff in data, drug-import probes, Bloomberg News reports
The police in China have detained five current and former employees of AstraZeneca for questioning about potential illegal activities, Bloomberg News reported on Thursday, citing people familiar with the matter.
China’s Xi boosts Africa financing by $51 billion, promises a million jobs
President Xi Jinping pledged on Thursday to step up China’s support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a …
Photos show Chinese medics flying to epicentre of coronavirus outbreak, not ‘deployed to aid Russia’
Images of Chinese medics boarding a plane to Wuhan at the start of the Covid-19 pandemic have resurfaced in social media posts that falsely claimed they showed troops being deployed to help Russia in …
Shenzhen Auctions Land Plot as Finished Home Sales Only, Sparking Concerns for Pre-Sales Model
A residential plot near Shenzhen Bao’an International Airport was listed in an auction of land use rights announcement published by the Shenzhen Public Resources Trading Center yesterday. Whoever wins …
China urges US to ‘immediately’ lift all tariffs on Chinese goods
The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items,
Rare Metals Prices Surge As China Restricts Exports
China announced that it would impose restrictions on exports of eight gallium and six germanium products starting August 2023 in …
China’s Xi hails ‘best in history’ Africa ties, pledges military aid
Chinese leader Xi Jinping has promised $50 billion in financial support for Africa, while vowing to increase military aid, in a sweeping speech to African leaders as Beijing seeks to bolster relationships it sees as…
China’s Xi hails ‘best in history’ Africa ties, pledges military aid
Chinese leader Xi Jinping has promised $50 billion in financial support for Africa, while vowing to increase military aid, in a sweeping speech to African leaders as Beijing seeks to bolster relationships it sees as…
China resumes Taiwan pomelo imports
China has lifted a ban on imports of pomelo from Taiwan with immediate effect. The relaxation comes two weeks before the Mid-Autumn festival, when the fruit is typically consumed. It’s widely seen as a gesture…
China’s once-acquisitive Fosun unloads Thomas Cook after 5 years
HONG KONG — Chinese conglomerate Fosun Group has announced the sale of U.K. travel brand Thomas Cook, unloading a symbolic asset purchased only five years ago as it struggles to deleverage after a …
China pledges to give Africa $51 bn in fresh funding over next three years
President Xi Jinping has pledged to increase China’s support to the African continent with nearly $51 billion in new funding, backing for more infrastructure initiatives and a promise to create at
Chinese agent case in New York is a ‘classic’ Beijing spy effort, experts say
The Linda Sun case illustrates Beijing’s strategy of targeting local and state officials with the hope of securing more support for China, experts say.