With two weeks before Trump begins a second US presidency, his threats of big tariffs on Chinese imports have rattled the yuan, driven mainland bond yields down and got stocks off to a rough start to 2025. China’s stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, […]
Read MoreThe measures are to include enhancing international aviation hubs in cities including Chengdu, Chongqing, Kunming, Xi’an and Urumqi, while developing comprehensive bonded zones, and integrating these with ports and other transport links. China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure […]
Read MoreChina is one of the most populous countries in the world. Where temperatures are rising day by day. China has set a record for the hottest year in more than 60 years in 2024. The Meteorological Department says that natural disasters have increased in 2024 due to the hottest weather. There has also been a […]
Read MoreThe United States is selling a large number of missiles to its long-time ally Japan. On Friday, the US government approved the sale of missiles worth $3.6 billion to Japan. Washington said that under the deal, Japan will buy more than 1,200 sophisticated air-to-air missiles and necessary equipment. The US State Department has approved the […]
Read MoreA new infectious virus has emerged in China, the birthplace of the deadly coronavirus. It is called Human Metapneumovirus (HMPV). Various reports and posts on social media say that the pressure on hospitals and crematoriums is gradually increasing. It is being claimed on social media that not only this Metapneumovirus, but several other viruses have […]
Read MoreThe last time China publicly announced a nationwide increase in pay for civil servants was in 2015, when the government raised pay for local officials by more than 30% as part of an effort to combat corruption and lift consumers’ spending power. Millions of government workers across China were given surprise wage increases this week, […]
Read MoreYoon is under criminal investigation for insurrection over his Dec. 3 martial law bid that stunned South Korea and led to the first arrest warrant to be issued for a sitting president. South Korea’s presidential guards and military troops prevented authorities from arresting impeached President Yoon Suk Yeol on Friday in a tense six-hour stand-off […]
Read MoreChina said on Friday it would take “all necessary measures” in response to the United States announcing it was considering restrictions on commercial Chinese drones for national security reasons. On Thursday, the United States Commerce Department said it was considering new rules to address risks posed by drones made with technology from foreign adversaries such […]
Read MoreThe United States has been hit by Chinese sanctions over alleged arms sales to Taiwan. Sanctions were imposed on 10 defense companies on Thursday. This is the second time in less than a week that Beijing has taken action against US companies over the same issue. China’s Ministry of Commerce announced that several companies under […]
Read MoreThe Chinese government is moving forward with its plan to build a grand dam upstream on the Brahmaputra River, ignoring the multifaceted concerns of the people of Bangladesh, India, and Tibet. According to experts, the construction of this world’s largest hydroelectric dam will severely disrupt the landscape and natural water supply systems of Bangladesh, India, […]
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