Chinese electric car manufacturer BYD has revealed plans to construct a manufacturing plant for new-energy vehicles (NEVs) in Szeged, Hungary, marking a significant step in the company’s European expansion, as confirmed to the Global Times on Friday. The establishment of this plant is expected to contribute to local economic development by generating thousands of job […]
A spokesperson for the China National Space Administration (CNSA) expressed confusion and refuted recent claims by U.S. Ambassador to China Nicholas Burns that China lacks interest in collaborating with the U.S. on lunar exploration. The CNSA argues that it is the U.S., not China, responsible for the strained collaboration, labeling Burns’ statements as an attempt […]
In a move consistent with global norms, China recently unveiled a revised Catalogue of Technologies Prohibited and Restricted from Export, reducing the number of regulated items from 164 to 134. The Ministry of Commerce (MOFCOM) highlighted the aim to facilitate international trade cooperation while safeguarding national economic security, dismissing claims by Western media that the […]
In a notable development, senior military officials from China and the US engaged in a virtual meeting on Thursday night, marking the first high-level military dialogue in over a year. Both sides highlighted the significance of exchanges and dialogue during the video call, but the Chinese delegation emphasized that healthy, stable, and sustainable military ties […]
Amidst a challenging global backdrop, foreign financial institutions persistently increased investments in China throughout 2023, attracted by the prospects of substantial returns resulting from the country’s sustained and stable long-term growth. A pivotal meeting in late October outlined a path for financial development with distinctive Chinese characteristics, aiming to position the nation as a financial […]
By Tosin Shobukola Picture this: a chessboard filled with pieces, each move potentially determining the game’s outcome. On one side, an AI-powered chess engine calculates millions of possible moves in a fraction of a second. Conversely, a grandmaster sits, contemplating each move with intuition, strategy, and a deep understanding of the game. This scenario encapsulates the […]
The local governments of Gansu and Qinghai provinces, struck by a powerful earthquake, have committed to immediate actions to ensure affected residents have shelter amid sub-freezing temperatures and receive essential life necessities. Specialized and timely medical treatment is being organized for those injured during the disaster. Gansu’s emergency management bureau announced on Thursday that the […]
Chinese analysts have forecasted on Thursday that despite some signs of stabilization, China-US relations are likely to remain turbulent in 2024. This prediction arises from expectations that the United States will persist in its US-centric and hegemonic approach to international order, dealing with China accordingly. US Secretary of State Antony Blinken, in Wednesday’s annual press […]
The trajectory of China-Philippines relations in 2023 has been marked by fluctuations, evolving from the anticipation of a “golden era” to a critical juncture. The Philippines’ persistent challenges to China’s sovereignty, including the intrusion of ships into the adjacent waters of Ren’ai Jiao (Ren’ai Reef) for repair materials, have heightened tensions. The Philippines’ decision to […]
Amid a backdrop of escalating geopolitical security challenges on various fronts and a deteriorating global security environment, China remained vigilant throughout 2023. The nation successfully fended off foreign military provocations and deterred “Taiwan independence” secessionist forces, while actively contributing to global peace and stability through concrete actions such as foreign exchanges, joint exercises, patrols, peacekeeping, […]
