China’s leaders should strive to ensure that economic growth is more demand driven, according to officials from the International Monetary Fund, as they also emphasised the need for Beijing to underscore market-oriented reforms at a highly anticipated political gathering in July that will set the tone for the country’s development trajectory in the next decade. […]
Read MoreNorth Korea’s rare swipe at China this week underscored how Beijing and Pyongyang do not entirely see eye-to-eye on the latter’s illicit nuclear weapons arsenal, despite warming ties in other areas, analysts and officials in South Korea said. The North condemned China, Japan and South Korea on Monday for discussing denuclearisation of the peninsula, calling […]
Read MoreChinese Premier Li Qiang praised what he called a restart in relations with Japan and South Korea as he met their leaders for the first three-way talks in four years on Monday, agreeing to revive trade and security dialogues hampered by global tensions. The Chinese premier met with South Korean President Yoon Suk Yeol and […]
Read MoreAmong a series of fully loaded freight trains in the Xi’an International Inland Port, in Northwest China’s Shaanxi Province, one particularly prominent train stands out — a huge red double-decker train specialized for vehicle transportation. It is about to start a journey to Kazakhstan, carrying 261 domestic new-energy vehicles (NEVs). The scene at the Xi’an […]
Read MoreChina’s military has begun its second day of war games around Taiwan, with drills that it said were to test the armed forces’ ability to “seize power” and control key areas of the self-ruled democracy. As the first day of exercises, codenamed Joint Sword-2024A, got under way on Thursday, China described them as “punishment” following […]
Read MoreChina’s agriculture minister, under investigation by Beijing’s graft watchdog for potential corruption, has been removed from the leadership roster on the ministry’s website, a change analysts said could delay China’s food security plans. Tang Renjian, 61, was placed under investigation for “serious violations of discipline and law” by the Central Commission for Discipline Inspection (CCDI) […]
Read MoreBy Andrew Haffner Phnom Penh, Cambodia – Cambodia is pushing for an infrastructural renaissance, but it will need some help from its friends abroad to chip away at an estimated price tag of $36.6bn. That was the final sum calculated by the Cambodian government and published earlier this year in a 174-project master plan that […]
Read MoreChina on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging further efforts to deliver unfinished homes. Earlier in the day, fresh data showing the fastest drop in new home prices in more than nine years highlighted […]
Read MoreLast Tuesday, German prosecutors arrested a man named Jian Jie on suspicion of providing information to Chinese intelligence about the upcoming European Union (EU) elections. He is an aide to Maximilian Krah, the front-runner of Germany’s far-right AfD party in the EU elections. Krah said he would stop working with Jian Ji if the allegations […]
Read MoreAs China’s big banks pull back from financing Russia-related transactions, some Chinese companies are turning to small banks on the border and underground financing channels such as money brokers, even banned cryptocurrency An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the […]
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