The 2024 World Internet Conference (WIC) Wuzhen Summit will take place from November 19 to 22 in Wuzhen, Zhejiang province, China. The theme for this year’s summit is “Embracing a People-Centered and AI-for-Good Digital Future – Building a Community with a Shared Future in Cyberspace.” It will focus on the development of artificial intelligence (AI) […]
Mastercard has launched over 50 bankcard programs in China through its joint venture, becoming the second foreign player in the domestic bankcard clearing sector. This move highlights the ongoing financial opening of the country, according to a company executive. Dennis Chang, Mastercard’s executive vice-president, stated that the company aims to broaden the availability of its […]
Shanghai, Oct 17, 2024 — Financial conglomerate CITIC Group has unveiled a new initiative aimed at enhancing green cooperation and promoting sustainable development, in collaboration with 13 international business partners. This announcement was made during the 2024 ESG Global Leaders Conference, taking place from October 16 to 18 in Shanghai, where CITIC Group played a […]
BEIJING — China’s consumer prices steadied in September as domestic demand continued to recover, according to data released by the National Bureau of Statistics (NBS) on Sunday. The Consumer Price Index (CPI), a key indicator of inflation, increased by 0.4% year-on-year in September, down from a 0.6% rise in August. The slower growth is attributed […]
This exemption applies to travelers coming for business, tourism, family visits, or transit purposes. The move is expected to boost tourism and business exchanges between China and these four nations, aligning with the country’s broader efforts to increase global connectivity and strengthen diplomatic ties. However, the Ministry of Foreign Affairs clarified that individuals who do […]
The PMI composite index is a widely-used indicator of economic activity in the manufacturing sector, calculated from five weighted sub-indices based on responses from industry purchasing managers. Of these sub-indices, production was the only one to show growth, rising to 51.2 in September, up from 49.8 in August, suggesting that manufacturing output expanded despite weakness […]
Julian Assange has returned to European soil, marking his first public appearance since being released from a UK high-security prison and returning to Australia. Speaking at the Parliamentary Assembly of the Council of Europe (PACE) in Strasbourg, Assange discussed his years of incarceration following charges under the US Espionage Act. In his address, he condemned […]
In southern Lebanon, Hezbollah has launched several attacks on Israeli forces. In response, Israel has been using advanced US-made “bunker buster” bombs, targeting Hezbollah positions in densely populated areas. Though Hezbollah has retaliated with rockets, claiming to strike high-level Israeli intelligence targets, the situation remains contained for now, with both sides preparing for a possible […]
At a time when China was striving to expand global trade in a bid to join the World Trade Organization (WTO), Beijing provided substantial tax rebates for logistics companies, turning many into millionaires. But there was a secret: many of the shipping containers were empty. This fraud in China’s maritime industry saw exporters colluding with […]
TAIPEI, Sept 29 (Reuters) – Taiwan’s Defence Ministry announced on Sunday that it is on heightened alert after detecting “multiple waves” of missile launches in inland China. This development comes just days after Beijing confirmed a successful test launch of an intercontinental ballistic missile (ICBM). Taiwan, a democratically governed island that China considers part of […]
