After heavy rains, the worst flood of the century has been feared in China. Major rivers, waterways and reservoirs in the country’s Guangdong province are overflowing with water. In this situation, the province is at risk of severe floods. Due to the flood situation, the government is worried about the 12 crore seven lakh people […]
Read MoreIn a significant move towards ensuring the reliability of economic data, China has announced plans to revise its statistics law, as reported by the state-run Xinhua news agency. This decision comes amidst growing concerns over data accuracy in the world’s second-largest economy. The proposed amendments aim to bolster statistical supervision and establish clearer legal accountability, […]
Read MoreHeavy rains in China over the past few days have caused severe flooding in the country’s Guangdong province. As a result, around 60,000 people have been safely evacuated from their homes by local authorities. Besides, 11 people are missing so far, but no casualty has been reported. Footage published on Chinese state media and online […]
Read MoreChinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China, a source familiar with the matter said on Sunday (Apr 21), with the news emerging during a senior Canadian diplomat’s visit to the Asian nation. Further details into why he left his post were not immediately […]
Read MoreChina’s relentless crackdown on corruption is reshaping the leadership landscape of its state-owned enterprises (SOEs), with a surge in executive turnover marking a significant shift in the country’s corporate governance dynamics. The latest data reveals that China has replaced a remarkable number of top executives at state-owned companies this year, signaling a concerted effort to […]
Read MoreIn a diplomatic address aimed at easing tensions in the South Pacific, China’s Foreign Minister Wang Yi emphasized the importance of avoiding major power rivalries in the region. Speaking during a joint press conference with his Papua New Guinea counterpart, Wang underscored China’s commitment to providing assistance to South Pacific countries without imposing political conditions. […]
Read MoreIn a significant stride towards bolstering its defense capabilities, China has unveiled its latest initiative: the creation of a dedicated military cyber corps. The announcement came on Friday, with the Chinese Defense Ministry spokesperson, Wu Qian, emphasizing that the newly formed Information Support Force would play a pivotal role in enhancing Beijing’s ability to effectively […]
Read MoreThe six-month exodus of foreign capital from China’s US$9 trillion stock market appears to have petered out, as some foreign investors voted with their feet in response to securities regulator head Wu Qing’s push to instil market discipline. It remains to be seen whether this conviction is deeply entrenched among domestic and foreign investors. Since […]
Read MoreIn a stark warning reminiscent of a “slow motion train accident,” Jens Eskelund, President of the European Chamber in China, sounded the alarm on Wednesday about the escalating tensions between China and Europe. Addressing concerns at a gathering in Guangzhou, Eskelund emphasized the urgent need for increased dialogue between European and Chinese leaders to prevent […]
Read MoreIn a move highlighting ongoing tensions in the Indo-Pacific region, China’s military confirmed yesterday the deployment of fighter jets to monitor and warn a US Navy patrol aircraft traversing the sensitive Taiwan Strait. This maneuver comes in the wake of a phone call between Chinese and US defense chiefs, underscoring the complexities of the geopolitical […]
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