News
China's President Xi Jinping is going to visit France in May 2024 to enhance the relationship between the two countries. This visit is important because China tries to improve relations with Europe while being worried about its strong ties with Russia and Xi Jinping's "no
Economy
Recent data from the US Census Bureau has unveiled a significant milestone in global trade patterns: for the first time in over two decades, imports from Mexico to the United States have exceeded those from China. This shift underscores evolving dynamics in international commerce, driven in part by escalating tensions
Politics
The Ministry of State Security in China has issued a stern caution to Chinese students studying abroad, urging them to be vigilant against potential collaboration with foreign intelligence agencies. In a detailed post on its official WeChat account, the ministry emphasized the importance of maintaining a strong defense against falling
Economy
Amidst growing public anger over a recent stock market meltdown, China has announced the appointment of Wu Qing as the new chairman and party secretary of the China Securities Regulatory Commission (CSRC). Wu, a banking veteran and former deputy party secretary of Shanghai, replaces Yi Huiman, who has held the
Economy
In a recent interview with Fox News, former US President Donald Trump declared his intention to impose additional tariffs on Chinese goods exceeding 60% if he secures victory in the upcoming US election in November. Trump, currently the frontrunner for the Republican party, has consistently criticized China for unfair trade
Economy
In a bid to ensure transparency and accountability in the use of public funds amid a crisis in its property market, China has introduced stringent monitoring measures on government-funded projects. Effective this month, Chinese developers who have received at least 30 million yuan ($4.2 million) in government funding are
Tech
Chinese automotive giant Geely Holding Group (0175.HK) announced on Saturday the successful launch of 11 low-earth orbit satellites, marking its second venture into space. The initiative aims to bolster precise navigation capabilities for autonomous vehicles as part of Geely's strategic expansion in the automotive technology sector. Launched
Economy
China has demanded that Ukraine promptly remove over a dozen Chinese companies from its list of "international sponsors of war," asserting the need to "eliminate negative impacts." Acconding to Reuters, China's ambassador in Kyiv had cautioned Ukrainian officials about potential harm to bilateral ties
News
Universal Music Group (UMG) has taken decisive action by removing the music catalogs of prominent artists it represents, such as Taylor Swift, Drake, and Olivia Rodrigo, from TikTok. This move comes in the aftermath of failed negotiations to renew licensing agreements between UMG and TikTok this week. In an open
Politics
Myanmar has extradited three notorious Chinese warlords, Bai Suocheng, Wei Chaoren, and Liu Zhengxiang, to Beijing. These figures, who led factions in Laukkaing, near the northeastern border of Myanmar and China, were infamous for orchestrating transnational scams involving the trafficking of thousands of foreign nationals. The extradition occurred via a
Politics
China's Ministry of Foreign Affairs has disclosed that British national Ian J Stones was sentenced to five years in prison in 2022 for the "crime of illegally obtaining intelligence for overseas actors." The revelation came during a Ministry of Foreign Affairs briefing on Friday, shedding light
News
In a significant development, a Hong Kong court has ruled for the liquidation of China Evergrande, the world's most indebted real estate developer, after its attempts to restructure a staggering $300 billion debt faced failure. The decision comes amid mounting concerns over China's escalating debt crisis.