China state media dismiss Trump’s tariff vow, focus on fentanyl

China’s state media shrugged off US President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods in editorials late on Tuesday, accusing the former president of blaming China for the country’s failure to address the fentanyl crisis. Trump, who takes office on Jan. 20, said on Monday he would impose “an additional 10% tariff, […]

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China is expanding visa-free entry to more countries in bid to boost economy

Starting 30 November, travellers from Bulgaria, Romania, Malta, Croatia, Montenegro, North Macedonia, Estonia, Latvia and Japan will be able to enter China for up to 30 days without a visa. China announced Friday (22 November) that it would expand visa-free entry to nine more countries as it seeks to boost tourism and business travel to […]

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Xi Jinping calls for an end to the war in Ukraine and a ceasefire in Gaza

Chinese President Xi Jinping has called for an end to the war in Ukraine and a ceasefire in Gaza. He made the call during a meeting with Lula da Silva, the host of the just-concluded G20 summit in Rio on Tuesday (November 19), Xinhua reported. The report said that Brazilian President Luiz Inacio Lula da […]

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Chinese companies eye Bangladesh to avoid looming US tariffs under Trump

Bangladesh is likely to see a boost in foreign investment as Chinese businesses plan to relocate here to avoid high export tariffs from the US after the Trump administration takes office in January next year. “I think the Trump administration is going to raise substantial tariffs on Chinese goods,” said Calvin Nyan, newly re-elected president […]

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China’s Xi tells G20 Summit AI should not be a ‘game of rich countries’: Xinhua

Chinese President Xi Jinping warned at the Group of 20 Summit in Rio de Janeiro that artificial intelligence should not be a “game of rich countries and the wealthy,” state news agency Xinhua reported on Monday. Xi also called for more international governance and cooperation on AI, Xinhua said. Earlier in the day, Xi touted […]

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Xi Jinping reminded Biden of China’s “red line”

  Chinese President Xi Jinping reminded of China’s ‘red line’ and policies in a meeting with US President Joe Biden. The two leaders held a bilateral meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Peru’s capital Lima on Sunday (November 17). According to a statement from the Chinese Foreign Ministry, Xi […]

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Alibaba aims to raise $5 billion in dual currency bond deal

The company confirmed plans for bond fundraising in a regulatory filing on Monday but said the size, interest rate and maturity would be determined as the transaction progressed. China’s biggest e-commerce company Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge […]

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China opens port in Latin America, US worried

This time China also appeared in South America. Peru’s Changkai port was built with the country’s funding. Chinese President Xi Jinping has already inaugurated the port. It is the first Chinese-funded seaport in South America. The port has been developed as part of China’s Belt and Road Initiative (BRI). It is expected to take trade […]

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