The first hurdle in US-China relations is Taiwan. This is what Chinese President Xi Jinping has indicated. He said this in a nearly two-hour telephone conversation with President Joe Biden on Tuesday. According to Xi, the ‘Taiwan issue is the first unexpected red line in Sino-US relations.’However, in this regard, Biden ‘stressed the importance of […]
Read MoreBy Abdullah Al Masum As China leans towards electric vehicle (EV) manufacturing its internal combustion engine (ICE) vehicles are losing sheen, resulting in more zombie car plants. China has overplayed the West in terms of EV manufacturing but at home it has a new dilemma to tackle – how to manage the rapid decline of […]
Read MoreIn a much-awaited turnaround, China’s manufacturing sector has shown signs of revival, marking the first uptick in factory activity in five months. Official data released by the National Bureau of Statistics revealed that the Purchasing Managers’ Index (PMI) for March soared to 50.8, signaling a notable expansion compared to the previous month’s figure of 49.1. […]
Read MoreMd Khayrul Bashar, Senior Reporter: Tensions in the South China Sea escalated as China issued a stern warning to the Philippines following a recent incident in disputed waters. China’s defense ministry condemned what it termed as “provocative” actions by the Philippines and vowed to safeguard its territorial integrity. In a statement released on Sunday, China […]
Read MoreA world torn by war. Russian invasion of Ukraine and Israeli invasion of Gaza. All in all, there is a dire situation. Countries are busy enriching their weapons stockpile for self-defense. Among these, Europe, the Middle East and Asia have seen the highest increase in arms purchases over the past five years. This has been […]
Read MoreAmidst China’s deepest deflation in 15 years and a turbulent financial landscape, a new consumer trend is taking shape as Generation Z embraces gold beans as a haven for their financial security. With the country’s stock market experiencing volatility, property values fluctuating, and interest rates at historic lows, young Chinese like 18-year-old Tina Hong are […]
Read MoreMd Khayrul Bashar, Senior Reporter: A Chinese military delegation visited Maldives, Sri Lanka and Nepal. During this visit, discussions were held on strengthening cooperation on bilateral defense issues with South Asian countries, Beijing said. In the face of pressure from the president of Maldives, India started withdrawing its troops from the country this week. Due […]
Read MoreTensions between the Philippines and China continue to escalate over disputed waters in the South China Sea, with the Philippine foreign ministry announcing on Tuesday that it has received several maritime-related proposals from China. However, the Philippines rejected the proposals, stating that they are contrary to the country’s national interests. Among the proposals from […]
Read MoreGlobal shipping routes, often referred to as the lifelines of our interconnected world, are facing heightened risks and challenges in various regions, according to maritime intelligence experts. The ever-increasing importance of global trade has prompted countries like Britain and the U.S. to deploy significant resources to safeguard these critical waterways. In the Red Sea and […]
Read MoreBeijing, March 13, 2024 – China proudly announced a substantial achievement in its ongoing commitment to environmental conservation, revealing that it planted nearly 4 million hectares of forest in 2023. This announcement coincides with the nation’s 46th National Tree Planting Day, commemorated on Tuesday. Official data released by the National Greening Commission showcased a notable […]
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