Beijing and Shanghai have implemented new mortgage rules to stabilize the real estate sector, following similar adjustments made by Guangzhou and Shenzhen earlier in the week. These changes allow homebuyers to enjoy preferential treatment for first-home purchases regardless of their credit history. Experts believe that these actions by first-tier cities could lead to other regions […]
Typhoon Saola has made its second landfall in Yangjiang, South China’s Guangdong Province, following its initial landfall at midnight in Zhuhai. The typhoon, which was initially categorized as a super strong typhoon, has weakened, prompting Guangdong Province to downgrade its typhoon response to level II. As a result, the city of Shenzhen lifted suspension orders […]
Chinese President Xi Jinping addressed the Global Trade in Services Summit of the 2023 China International Fair for Trade in Services (CIFTIS) via video link in Beijing on Saturday, emphasizing China’s commitment to sharing the achievements of its modernization drive and collaborating with the global community for sustained global economic recovery. Xi announced China’s intention […]
The upcoming visit of Italy’s Vice-President of the Council of Ministers and Foreign Minister, Antonio Tajani, to China signifies Italy’s intent to sustain economic and trade collaboration with China, despite Western speculations that Italy might be hesitant to renew its Belt and Road cooperation agreement, according to a Chinese expert. The Belt and Road Initiative […]
The Netherlands’ implementation of export controls on advanced chipmaking tools has officially begun, a move that aligns with US Commerce Secretary Gina Raimondo’s recent visit to China. This development has caught the attention of Chinese netizens, who are enthusiastic about Huawei’s new handset launch despite US restrictions. ASML, a Dutch chipmaking giant, announced that it […]
The Chinese Embassy in Japan has reported receiving a significant number of harassing phone calls, some involving aggressive language towards embassy staff, and threatening letters sent to the embassy’s fax machines. These incidents follow Japan’s decision to release nuclear-contaminated wastewater from the Fukushima nuclear power plant into the ocean beginning on August 24. According to […]
China has implemented a series of vigorous policies to support its economy, particularly in areas such as the private economy, real estate, and employment. Major economic data indicates that these policies are having a positive impact, with experts highlighting China’s resilient post-pandemic economy. Experts emphasize that the Western media’s portrayal of China’s economic situation is […]
Chinese President Xi Jinping and Beninese President Patrice Athanase Guillaume Talon have jointly announced the establishment of a strategic partnership between the two countries during President Talon’s visit to Beijing. They also witnessed the signing of several cooperation agreements covering various areas, including the Belt and Road Initiative (BRI), green development, digital economy, agriculture products, […]
China-US relations have experienced a period of détente with high-level interactions since June. However, US actions on the Taiwan issue and mixed signals from Washington indicate ongoing policy uncertainty. Experts weigh in on these developments and the potential for improved relations. Former Chief Election Commissioner OP Rawat discusses the possibility of ‘One Nation, One Election’ […]
