G7 foreign ministers stepped up language on Taiwan Friday, stating their opposition to any unilateral attempts to change the status quo across the Taiwan Strait by force or coercion, according to a final draft statement.
Tagged By covid-19
China says ‘extremely unlikely’ COVID-19 leaked from lab
Beijing opposes ‘all forms of political manipulation’ on the issue, says Foreign Ministry spokeswoman – Anadolu Ajansı …
German inquiry suggests COVID-19 virus may have leaked from Wuhan lab
New findings add weight to the theory that COVID-19 originated at the Wuhan Institute of Virology. Experts point to lax security measures and allege China manipulated scientific journals to obscure …
Germany’s secret pandemic report: Merkel and China respond
Was the report on the causes of the pandemic kept under lock and key? Former German Chancellor Angela Merkel denies it, and Beijing appeals. According to media reports, the German foreign intelligence …
BMW’s China problem isn’t going away — and Trump’s trade war may make things worse
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be challenging.
China Access for Hundreds of US Meat Exporters in Doubt as Trump 1.0 Deal Nears End
CHICAGO/BEIJING (Reuters) – Hundreds of U.S. meat plants granted access to China in a 2020 “Phase 1” trade deal with President Donald Trump are set to lose export eligibility on Sunday, threatening roughly $5 billion…
Map Shows America’s Shipyards Disappear as China’s Naval Empire Rises
The U.S. Navy has only four active public shipyards. Meanwhile, China has at least 35 sites with known ties to military or national security projects, according to CSIS researchers Matthew Funaiole, Brian Hart and Aidan…
China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more.
China Mulls 50% Pay Cuts for Underperforming Fund Managers
China is considering slashing pay of fund managers who underperform their benchmarks as part of a broad overhaul of the nation’s 33 trillion yuan ($4.6 trillion) mutual fund industry aimed at boosting long-term investments,
Asian shares advance, despite Wall Street’s tumble, as China pledges to boost consumer spending
Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending.
Chinese Stocks Surge as Beijing Plans Briefing on Consumption
China’s stock benchmark rallied to its highest level this year, with consumer shares leading gains on expectations of more policy support for the sector.
China, Russia and Iran set to hold talks in Beijing as Trump pushes for new nuclear deal with Tehran
China is hosting diplomats from Iran and Russia for talks on Iran’s nuclear program Friday as Beijing aims to position itself as a power broker on an issue seen internationally as a pressing security …
China set for rapeseed meal shortage after 100% duty on top supplier Canada
China is likely to face a supply shortage of rapeseed meal by the third quarter of this year as Beijing’s tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are …
