At a time when rising crude oil prices are causing concerns about global inflation, China’s increased purchases from sanctioned nations have resulted in significant cost savings.
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Australian journalist Cheng Lei back home after 3 years detained in China
An Australian journalist who was convicted on murky espionage charges and detained in China for three years has returned to Australia, Prime Minister Anthony Albanese said. Cheng Lei, 48, who worked …
China wants to be a peace broker in the Middle East. How has it responded to the Israel-Gaza war?
When Palestinian President Mahmoud Abbas visited Beijing in June, China vowed to contribute “Chinese wisdom, Chinese strength” to resolve the long-standing conflict between the Palestinians and Israel.
China’s trade slump likely eased further in September, adds to stabilisation signs: Reuters poll
China’s exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed on Wednesday, adding to a string of recent data suggesting the world’s second-largest economy is stabilising.
U.S. Navy sailor pleads guilty to selling sensitive information to China
A U.S. Navy sailor has pleaded guilty to sending sensitive U.S. military information to a Chinese intelligence officer in exchange for less than $15,000 in bribes.
China says it is ready to work with EU to enhance mutual trust
China welcomes the Oct. 12-14 visit to the country by the European Union’s top diplomat Josep Borrell, the Chinese foreign ministry said on Wednesday at a regular press briefing.
Australian reporter Cheng Lei released from China after three years detention over espionage charges
Australian TV anchor Cheng Lei has been released by China, Australia’s Prime Minister Anthony Albanese announced Wednesday, more than three years after she was detained on espionage charges.
China’s Clean Car Exports Surge as Europe Starts Subsidy Probe
China’s new-energy passenger car exports more than doubled last month, as the nation’s growing clout in the global auto market comes under pressure from Europe and the US.
Analysis-China saves billions of dollars from record sanctioned oil imports
China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters’ calculations based on data from traders and shiptrackers.
China Goes on the Offensive in the Chip War
For years, semiconductors have been at the heart of the global economy, and nowhere more so than in China, where chip imports exceed oil imports. Microchips of varying complexity are ubiquitous in everyday devices,
China’s consumer spending isn’t roaring back to pre-pandemic levels yet
Chinese luxury spending at home and abroad in September was about 80% what it was in 2019, up from the 70% to 75% recovery seen in August, according to HSBC, citing Global Blue data for…
‘Whichever Is Cheaper’: Inside China’s New Thrift Economy
Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
China Envoy Backs Aid to Gaza, Ceasefire With Egyptian Official
China’s special envoy for the Middle East called for humanitarian support for the Palestinian people in his first public response to Hamas’ attack on Israel — an assault that is testing Beijing’s ambitions to play…