LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers.
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Moscow and Beijing announce further cooperation during international group meeting in Pakistan
Leaders and top officials from an international group founded to counter Western alliances met in Pakistan’s capital Wednesday, with Moscow and Beijing announcing they will boost cooperation.
Starmer and Sunak clash on China and foreign affairs at PMQs
He says China has carried out “unwarranted, aggressive and intimidatory” military exercises near Taiwan – will Foreign Secretary David Lammy use his forthcoming meetings in China to condemn this? The …
China’s leader makes rare visit to province facing Taiwan following major war exercises
China’s President Xi Jinping made a rare visit to a province facing Taiwan following military exercises that mobilized China’s navy, air force, missile force and land troops to simulate a blockade of …
Moscow Fumes as US-Led War Games Reach Russia and China’s Doorstep
Moscow said Friday it had lodged a “strong protest” with Japan over a joint military exercise with the U.S. near the borders of Russia in the Far East region. The Russian Foreign Ministry said the…
Chinese Anime IP Ignites Cultural and Tourism Consumption Vitality in Qianhai, Shenzhen
During the recent Chinese National Day holiday, the giant Chinese anime IP ‘Nailong’ transformed Qianhai, Shenzhen into an internet-famous spot. In just seven days of the holiday, over a thousand …
Russia defense chief touts ‘common understanding’ with China in Beijing talks
Chinese and Russian defense officials vowed to strengthen their cooperation at a meeting in Beijing this week – in the latest sign of deepening alignment between the neighbors that’s been closely watched by the US…
China’s Xi may visit during next year’s APEC summit, says South Korea’s envoy to Beijing
This will be Xi’s first visit to his neighboring country since his last visit to South Korea in 2014 during Park Geun-hye’s administration.
On This Day: China detonates its first atomic bomb
In 1964, China detonated its first atomic bomb, dubbed Project 596. In 1968, American track and field athletes Tommie Smith and John Carlos raised their fists in the Black Power salute during the …
China’s rapid electrification is catching out oil producers: Russell
Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by OPEC, and it’s a theme that looks likely to continue in coming years.
Sinopec says east China shale oil field pumping at 1,600 tons a day
Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the state oil and gas group said…
Does China welcome—or dread—an Iran-Israel war?
Last year it was given full membership of the Shanghai Co-operation Organisation, a Eurasian security and economic club dominated by China and Russia. In January Iran was admitted to BRICS, another …
How big is Beijing’s war chest, and why does a headline stimulus figure remain elusive?
Some prominent economists have called for China to roll out a stimulus plan worth 10 trillion yuan, but the real number is anyone’s guess as prudence is at play.
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