New TIR Route Boosts China-Uzbekistan Trade Efficiency Along Qingdao and Samarkand

Tashkent: The TIR system now connects Uzbekistan to China’s coastal city of Qingdao, offering a new fast, cost-effective and secure trade route. Uzbek TIR trucks carrying blackcurrants departed from Samarkand and transited Kazakhstan before entering China through Khorgos and transversing across the country to Qingdao. It also marks the first time that an Uzbek truck […]

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Assets seized in Singapore’s money laundering case swell to S$2.4 billion

SINGAPORE, Sept 21 (Reuters) – The total value of assets seized in Singapore’s biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday. The assets now include cash amounting to more than S$76 million, 68 gold bars, cryptocurrencies of more than S$38 million, more than 110 properties and 62 vehicles […]

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Bigger, heavier, faster: China rolls out military upgrades

Beijing : China’s long-term military modernisation efforts are bearing fruit, with a string of upgrades for its warships and warplanes under way amid intensifying tensions in the Indo-Pacific, particularly the Taiwan Strait. NEW HELICOPTER ENGINE China showcased a 1,100-kilowatt turboshaft helicopter engine at a helicopter expo in Tianjin last week. A Chinese military expert told Reuters […]

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Syria’s Assad in China, seeks exit from diplomatic isolation

Hangzhou: Syrian President Bashar al-Assad has arrived in China’s eastern city of Hangzhou, kicking off his first visit to the Asian nation since 2004 as he makes further strides to end more than a decade of diplomatic isolation amid Western sanctions. Assad arrived aboard an Air China plane in a heavy fog, which Chinese state […]

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China Rolls Out Carrot-and-Stick Strategy to Influence Taiwan Ahead of Key Election

TAIPEI, TAIWAN — China launched a series of influence campaigns against Taiwan last week, unveiling a plan to promote integrated development across the Taiwan Strait while at the same time conducting large-scale military incursions near the island. Beijing’s carrot-and-stick approach received mixed reactions from Taiwan residents. Many view the plan, which promises to enhance access […]

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China factory output, retail sales beat forecasts in boost to recovery prospects

China’s industrial output and retail sales grew at a faster-than-expected pace in August, but property investment slumped further and could drag on broader demand even as the recent flurry of support policies showed signs of stabilising the economy. Industrial output, released on Friday by the National Bureau of Statistics (NBS), rose 4.5% in August from […]

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China’s defence minister, not seen in weeks, skipped Vietnam meet

Beijing :  Chinese defence minister Li Shangfu abruptly pulled out of a meeting with Vietnamese defence leaders last week, three officials with direct knowledge of the matter said, amid questions about his more than two-weeks-long absence from public view. Li, 65, was due to attend an annual gathering on defence cooperation hosted by Vietnam on its […]

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Thai PM to unveil new policies to match economic challenges

By Panarat Thepgumpanat and Panu Wongcha-um BANGKOK, Sept 12 (Reuters) – Thailand’s Prime Minister Srettha Thavisin on Tuesday said his cabinet would this week issue a raft of policies to lower the cost of living, suspend farmers’ debts, draw more tourists and boost incomes. Srettha and his 11-party government is presenting its largely populist policy […]

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Maldives election: Could be key for China, India rivalry

Male: A presidential election in the Maldives on Saturday could be decisive in determining whether China or India win a competition for influence over the tiny Indian Ocean island chain. Home to about 521,000 people, the Maldives is famous for its sun-kissed atolls and luxury tourist resorts but the rival Asian giants have both invested millions […]

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