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China’s Rare Earth Ban: Indian OEMs Say All Bark No Bite

China’s Rare Earth Ban: Indian OEMs Say All Bark No Bite

Geopolitics is evolving, and it is evolving fast, unpredictably and more ruthlessly than ever. However, this time the global power play is not about oil. It is over something rarer than fossil fuel — critical rare earth metals and minerals. When...

China-Kazakhstan Economic Ties: Strong Trade, Weakening Investment

China-Kazakhstan Economic Ties: Strong Trade, Weakening Investment

For the second consecutive year, China remains Kazakhstan’s largest foreign economic partner. In 2023, China’s share of Kazakhstan’s total trade turnover surpassed 20%, up from 15.1% in 2019, according to analysts at Ranking.kz. Trade Dynamics:...

China's Push to Modernize Agriculture Could Boost This Stock

China's Push to Modernize Agriculture Could Boost This Stock

China's leading maker of agricultural equipment has filed for a Hong Kong listing, forecasting the market for its products is set for explosive growth Key Takeaways: Weichai Lovol has filed for a Hong Kong IPO that could raise around $500 million,...

Beijing could use Hong Kong to test yuan-linked stablecoins: Morgan Stanley

Beijing could use Hong Kong to test yuan-linked stablecoins: Morgan Stanley

China’s central bank could use Hong Kong as a sandbox for testing digital payment alternatives to internationalise the yuan, but Beijing’s digital currency ambitions face hurdles because of the country’s economic challenges, according to Morgan...

China Focus: Paw-some degree: China initiates pet-centric bachelor's program for surging demand

BEIJING, June 23 (Xinhua) -- Fresh from completing China's rigorous college entrance exam, over 13 million high school graduates applying to university this year are faced with an intriguing academic path: the country's first bachelor's program...

China looks to Singapore to help secure supply chains from US trade war turmoil

China looks to Singapore to help secure supply chains from US trade war turmoil

China and Singapore should work together to safeguard global supply chains, Chinese Premier Li Qiang said on Monday as Beijing seeks deeper ties with neighbouring countries to help offset trade tensions with Washington. In talks with Singaporean...

China warns: Global economy at risk if middle east tensions escalate

China warns: Global economy at risk if middle east tensions escalate

Beijing: China has called on the international community to take stronger steps to prevent the current conflict from impacting the global economy. Chinese Foreign Ministry spokesperson Gu Jiaqun emphasized that the Gulf region and its surrounding...

Chinese premier signs decree unveiling tax-related information rules concerning internet platform companies

BEIJING, June 23 (Xinhua) -- Chinese Premier Li Qiang has signed a State Council decree unveiling rules to regulate internet platform companies' submission of tax-related information. The rules go into effect on Monday. ■

China Tightens Fentanyl Controls in Goodwill Gesture to Trump

China Tightens Fentanyl Controls in Goodwill Gesture to Trump

China moved to tighten controls over two chemicals that can be used to make fentanyl, in an apparent olive branch to the US that may help maintain their fragile trade truce. Authorities added two previously unclassified precursors to a list of...

Corporate Leaders Join Lee Jae-myung’s Government

Corporate Leaders Join Lee Jae-myung’s Government

Corporate figures, including Bae Gyeong-hoon, head of LG AI Research, and Han Sung-sook, advisor to Naver, have been named among the new government’s ministerial candidates. LG has produced two minister-level officials, including Yoon Chang-ryeol,...

China calls on int'l community to promote deescalation of Israel-Iran conflict: FM spokesperson

BEIJING, June 23 (Xinhua) -- China calls on the international community to step up effort to promote deescalation of Israel-Iran conflict, and prevent the regional turmoil from having a greater impact on global economic growth, Chinese foreign...

China proposes legal boost for low-altitude economy in aviation law revision

BEIJING, June 23 (Xinhua) -- China is considering provisions to boost the development of the low-altitude economy in proposed revisions to its Civil Aviation Law, a spokesperson said on Monday. The draft revisions are set for their second...

China warns of ‘spillover of war’ risk, urges Iran and Israel to de-escalate

China urged Iran and Israel on Monday to de-escalate in order to prevent the “spillover” of their war, as fighting between the two foes raged for the 11th day. Israeli security forces look on as a digger clears the rubble of a destroyed building...

China mulls revised law to better regulate online unfair competition

BEIJING, June 23 (Xinhua) -- China's top legislature is set to mull a draft revision to the anti-unfair competition law, which includes provisions to better regulate unfair competition in cyberspace. The Standing Committee of the National People's...

China Condemns U.S.A  Strikes on Iran, Urges Ceasefire Amid Rising Tensions

China Condemns U.S. Strikes on Iran, Urges Ceasefire Amid Rising Tensions China has issued a sharp condemnation of the recent U.S. military strikes on Iranian nuclear facilities, including key sites at Fordow, Natanz, and Isfahan. The Chinese...

China earmarks 300 mln yuan to support local authorities' disaster response

BEIJING, June 23 (Xinhua) -- China has earmarked 300 million yuan (about 41.8 million U.S. dollars) of central government funding to support local authorities in dealing with natural disasters and carrying out emergency rescue efforts, the...

China’s HQ-29 missile, Beijing hits out at US and Israel: SCMP daily highlights

China’s HQ-29 missile, Beijing hits out at US and Israel: SCMP daily highlights

China sharply criticised the United States and Israel, calling on them to de-escalate their conflict with Iran, prioritise civilian safety and adhere to international law as Mideast anxiety intensified following the US attack on three Iranian...

China's power generation capacity up 18.8 pct by end-May

BEIJING, June 23 (Xinhua) -- China's total power generation capacity had climbed to 3.61 billion kilowatts by the end of May, marking a year-on-year increase of 18.8 percent, the National Energy Administration said on Monday. Of this total, solar...

China purchased a record $612.1 million worth of aluminum from Russia

CHINA: In April, China purchased aluminum from Russia for the highest ever amount of $612.1 million, according to the data of the Chinese Statistical Service, which was analyzed by RIA Novosti. Deliveries in mid-spring grew 1.8 times year-on-year....

China Focus: China races to turn quantum computing into industrial solutions

HEFEI, June 23 (Xinhua) -- In a significant stride toward practical quantum computing, a Chinese startup has successfully deployed its superconducting quantum processor to improve the accuracy of breast cancer screenings, showcasing the...

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