China strongly opposes the U.S.’s requirement of forbidding chip makers of the Republic of Korea (ROK) to fill the gap of chip exports left by their American peers in the Chinese market, said a commerce ministry spokesperson Thursday. The U.S. act is textbook bullying that severely disrupts regular economic and trade exchanges between companies and […]
Experts assessing the current confrontational U.S. policy toward the People’s Republic of China (PRC) regarding Taiwan typically focus on the island’s economic and strategic importance. That is undoubtedly a key reason for Washington’s hardening attitude on the issue. Taiwan is a significant economic player in East Asia, and perhaps even more important, it is now […]
According to China’s deputy foreign minister, a peaceful resolution and the cessation of hostilities would be more beneficial to Beijing’s interests than the ongoing conflict between Russia and Ukraine. A Ukrainian diplomat on Sunday said China pursues its own interests, but could bring about peace with regard to the ongoing Russia-Ukraine war through its mediation […]
In May’s first half, the uncrewed cargo craft Tianzhou-6 will be delivered to China’s space station. Prior to the supply ship’s arrival, the currently docked Tianzhou-5 will depart from the station, opening up the docking hatch to receive the new cargo ship. Tianzhou-5 is scheduled to be deorbited, taking a destructive plunge into Earth’s atmosphere. […]
Effective immediately, China’s central bank has issued instructions for the interest rate Swap Connect program linking Hong Kong and mainland China. This move was announced on Friday in Beijing. The move marks another step in the opening up of China’s capital markets as it will allow foreign investors to access onshore interest rate derivatives and […]
China and ten Southeast Asian countries, collectively known as the Association of Southeast Asian Nations (ASEAN), have signed a free trade agreement that is expected to boost trade and economic cooperation in the region. The agreement, called the Regional Comprehensive Economic Partnership (RCEP), was signed at a virtual summit attended by leaders from all participating […]
China has passed a recently updated anti-espionage law while their President, Xi Jinping, aims to enhance national security amidst various conflicts with the United States The law was approved during a Standing Committee meeting of the National People’s Congress (NPC) on Wednesday, and will take effect on July 1, according to a notice on the NPC website. Mr Xi has used his decade in power to emphasise security concerns as friction with the US increased over issues including Taiwan, the treatment […]
SUDAN-Crises; Chinese embassies in Egypt, Ethiopia, and Eritrea are closely monitoring the security situation, and have sent assistance teams along the border ports to assist Chinese nationals seeking to evacuate from Sudan amid escalating conflict in the country. Mao Ning, a spokesperson for the Chinese Foreign Ministry, emphasized on Tuesday that the Central Committee of […]
The relations between the US and China have soured since Russia’s complete invasion of Ukraine. Xi Jinping’s reluctance to openly criticize Russian aggression and cut ties with Putin has led to a fresh crisis in Sino-US relations. The two nations’ amicable high-level diplomatic interactions have virtually ceased, and the language used in political and media circles, both in China and the U.S., has become increasingly bitter. Vladimir Putin, who aspires to befriend Beijing against the West, stands to benefit from this. However, European diplomacy could thwart the Kremlin’s plans, as explained […]
Since the Indian and Chinese militaries have been engaged in a three-year standoff in eastern Ladakh, it will mark the first visit by a Chinese defense minister to India. Beijing: Chinese defence minister Li Shangfu will visit India this week to attend the Shanghai Cooperation Organisation’s (SCO) defence ministers’ meeting to be held in New Delhi on April 27 and 28, the Chinese defence ministry announced on Tuesday. It will be the first visit by a Chinese defence minister to India since Indian and […]
