Intelligence officials allege: China stole US documents

Earlier this month, China launched a cyber attack on the US Treasury Department. This is what US intelligence has claimed. In addition to the attack, they have alleged that Chinese hackers also stole several important documents. The British media outlet BBC reported this news on Tuesday. US intelligence has claimed that Chinese hackers searched important […]

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China, Russia always moving forward ‘hand in hand’, Xi tells Putin

In an exchange of New Year greetings with Russian President Vladimir Putin, Xi also said that mutual trust and strategic coordination between both countries continues to reach higher levels under their leadership. China’s President Xi Jinping said China and Russia have always moved forward “hand in hand” along the right path of non-alliance, non-confrontation, and […]

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Xi says no one can stop China’s ‘reunification’ with Taiwan

No one can stop China’s “reunification” with Taiwan, Chinese President Xi Jinping said in his New Year’s speech on Tuesday, laying down a clear warning to what Beijing regards as pro-independence forces within and outside of the island of 23 million people. In the past year, Beijing has stepped up military pressure near Taiwan, sending […]

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Chinese youth flock to civil service, but slow economy puts ‘iron rice bowl’ jobs at risk

Applicant numbers, which surged by over 400,000 from last year and have tripled since 2014, reflect the huge demand for stability from disillusioned Gen Z Chinese and the lack of attractive options in the private sector even though local governments are struggling to pay wages due to a fiscal crisis. A record 3.4 million young […]

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China sanctions 7 US military companies and officials

The United States recently announced significant military assistance and arms sales to the Taiwan Strait. In response, China has imposed sanctions on 7 US military companies and relevant senior officials. China’s Foreign Ministry said in a statement on Friday. The Chinese Foreign Ministry announced that it will take retaliatory measures against 7 US military companies […]

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China investigates beef imports as oversupply squeezes prices

China will launch an investigation into beef imports, the commerce ministry said on Friday, as the world’s biggest meat importer and consumer grapples with an oversupplied market that has sent domestic prices to multi-year lows. Any trade measures to try to reduce beef imports would hit China’s largest suppliers, Brazil, Argentina and Australia. China’s total […]

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Oil prices edge higher on hopes for more China stimulus

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by 0450 GMT. U.S. West Texas Intermediate crude […]

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China to build world’s largest dam, will affect India and Bangladesh

China has approved the construction of the world’s largest hydroelectric dam near the source of the Yamuna and Brahmaputra rivers in Tibet, China. Many people in Bangladesh and India may be affected by this project in the eastern part of the Tibetan Plateau. This dam will be built on the Yarlung Zangbo River. This river […]

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