Biden Administration’s Executive Order to Restrict Investment in Sensitive Technologies to China Draws Criticism

The Biden administration is reportedly planning to issue an executive order early next week, restricting investment in sensitive technologies to China, according to Reuters. This move is viewed by Chinese experts as a pressure tactic repeatedly employed by the US, which they believe will be ineffective and could trigger a stronger backlash from American investors. […]

China Launches Disaster Relief Emergency Response for Severe Rainstorm and Flood Disasters in Heilongjiang Province

China’s Ministry of Emergency Management and the National Commission of Disaster Reduction initiated a national Level IV disaster relief emergency response on Friday night in response to the devastating rainstorm and flood disasters in Heilongjiang Province, Northeast China. The authorities deployed a working group to guide and support local authorities in their disaster relief efforts. […]

Team China Clinches Women’s Basketball Championship at FISU World University Games

In a thrilling showdown on Saturday evening at the Fenghuangshan Sports Park Gymnasium in Chengdu, Team China emerged victorious in the women’s basketball final of the 31st FISU World University Games. The team secured the championship title by defeating Japan with a final score of 99-91, witnessed by an enthusiastic crowd of 18,000 spectators. Throughout […]

China Ends Anti-Dumping and Anti-Subsidy Duties on Australian Barley, Boosting Bilateral Trade Prospects

News: On Friday, China’s Ministry of Commerce (MOFCOM) announced the termination of anti-dumping and anti-subsidy duties on barley imported from Australia, effective from Saturday. The decision comes as changes in China’s barley market have rendered these duties unnecessary. In May 2020, MOFCOM had imposed a 73.6 percent anti-dumping duty and a 6.9 percent countervailing duty […]

Chinese Government Agencies and Central Bank Vow Further Policy Measures for Economic Recovery in H2 2023

On Friday, several Chinese government agencies and the country’s central bank made a commitment to promptly implement additional, targeted, and vigorous policy measures to support sustained economic recovery in the second half of 2023. This move signals the Chinese government’s proactive response to economic changes and challenges while aiming to boost growth. In recent days, […]

Lagos Summit: Fostering Collaboration and Knowledge Sharing Across Generations

An international nongovernmental organization that focuses on business and leadership mentoring aimed to connect different generations of leaders to create platforms for effective mentorships will hold their annual summit in Lagos this weekend. The 2023 International Business Summit which promises to raise the bar in cross-generational mentorship matching aims to create a conducive platform for […]