US Commerce Secretary Lemond Warns China: Patience of US Businesses Wearing Thin
US Commerce Secretary Calls for Predictable Environment and Fair Play in US-China Relations By Reuters Staff WASHINGTON – In a recent interview broadcast on September 3, US Commerce Secretary Lemond expressed concerns over the deteriorating patience of American businesses operating in China. He emphasized the need for a predictable environment and a level playing field, […]
China’s Country Garden Secures Approval from Creditors to Extend Repayment of Yuan-denominated Bonds
China’s Country Garden Receives Approval to Extend Repayment of Yuan-Denominated Bonds Thursday, 2nd September 2023 Country Garden, a troubled real estate developer in China, has obtained consent from its creditors to extend the repayment period for its yuan-denominated bonds, according to sources familiar with the matter. The announcement was made today, providing a temporary sense […]
Chinese Premier Li Qiang acknowledges challenges in US-China bilateral relations and trade cooperation
Chinese Premier Li Qiang Expresses Concerns About US-China Bilateral Relations and Economic Cooperation Beijing, January 21, 2023 During a meeting on Monday with senior officials from the United States-China Business Council (USCBC) delegation, Chinese Premier Li Qiang raised concerns about the current state of bilateral relations and economic and trade cooperation between the United States […]
US and China to Double Weekly Flights in Major Aviation Boost
The United States and China to Double Weekly Flights in Boost to Air Travel Washington – The US Department of Transportation announced on Monday that both the United States and China have agreed to double the number of weekly flights allowed for airlines operating between the two countries. This move is aimed at rejuvenating the […]
The Decline of Foreign Direct Investment in China: Nervousness and Political Friction Cast Doubt on Future Investments
China’s FDI Trends Shake Global Markets Shanghai/Sydney — China, once a top destination for foreign direct investment (FDI), is experiencing a significant decline in capital inflows. This downward trend, which began in the second quarter of this year, is causing concern among investors and analysts, as it marks a departure from the country’s traditional role […]
China’s Direct Economic Losses from Natural Disasters Reach $5.74 Billion in One Month
China Experiences Record Economic Losses from Natural Disasters Expert report reveals devastating consequences of typhoons on Chinese economy Beijing, China – In a dire assessment, China’s emergency management ministry announced on Thursday that the direct economic losses incurred from a devastating duo of typhoons that hit the country in July totaled a staggering 41.18 billion […]
China Lodges Protest with US Over Arms Aid to Taiwan, Urges it to Avoid “Wrong and Dangerous Paths”
China Lodges Protest with the US Over Arms Aid to Taiwan BEIJING – In a move that has sparked tensions between China and the United States, China lodged a protest with the US on Thursday regarding arms aid to Taiwan. The Chinese government urged the US to steer clear of “wrong and dangerous paths,” emphasizing […]
China’s Ambassador to the US Stresses Priority of Preventing Taiwan’s VP Visit
China’s Ambassador Urges U.S. to Halt Visit by Taiwan’s Vice President BEIJING (Reuters) – China’s ambassador to the United States, Xie Feng, emphasized on Thursday the importance of preventing Taiwan’s vice president and presidential election front-runner, Lai Chingde, from visiting the United States next month. Lai has planned a round trip to the United States, […]
Diplomatic Conflict Arises Over China’s Proposed Embassy near Tower of London
Rewrite text LONDON (Reuters) – China’s plans to build a new embassy next to the Tower of London have turned into a diplomatic issue, but it all started with a local dispute. The municipalities of this area within the city of London, the second largest power in the world, turned against them and blocked the […]
The Increasing Presence of Chinese Fishing Vessels Threatens Security in South China Sea
Increasing Number of Chinese Fishing Vessels Threaten Security of Oil-Rich Reed Bank, Says Philippine Military Manila, Philippines – The Philippine military has expressed grave concerns over the alarming surge in the presence of Chinese fishing vessels in the disputed waters of the South China Sea. In particular, the security of the oil and gas-rich Reed […]
