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 …
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 …
$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 …
US Concerned About China’s Use of AI, Says It Could Make Countries Vulnerable to Coercion
The U.S. government is concerned about China’s use of artificial intelligence to repress its population, spread misinformation and undermine the security of the United States and its allies, White …
IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday …
Beijing Daxing Airport to launch new international routes amid civil aviation recovery
A key highlight is the expansion of international routes at Beijing Daxing International Airport, further cementing its status as a major global hub. Saudia Airlines will launch a new route from …