China’s Mid-Autumn Festival holiday typically sees families reunite and give thanks, much like Thanksgiving in America. This year, Chinese-American pastor David Lin will have much to be thankful for when the holiday is marked on Tuesday. In a surprise move, Beijing freed the 68-year-old Sunday after he spent nearly 20 years in prison in a…
Back in January, Premier Li Qiang trumpeted China’s success in exceeding its 2023 growth goal without resorting to “massive stimulus.” Repeating the same feat this year now looks less likely. Pressure is growing on Chinese authorities to quickly ramp up fiscal and monetary stimulus to hit this year’s growth target of around 5%. Data published…
3 min read Last Updated : Sep 15 2024 | 8:01 PM IST Military leaders from the US and China met in Beijing for routine talks that only resumed in January after being suspended for two years as ties between the two countries soured. The meetings ended on Sunday and officials discussed ongoing…
Beijing’s quick endorsement of a scheme to raise the retirement age shows it is determined to address the problem of dwindling pension funds amid faltering economic growth and an ageing population, analysts say. But, they add, the changes are unlikely to be a silver bullet for fiscal shortfalls and could come with “political pain”. For…
China is revising its belt and road playbook in Africa, as it moves its investment focus to agriculture, manufacturing, industrialisation and green energy, including critical metals. The shift is part of Beijing’s pivot towards “small but beautiful” projects in its African investment strategy. But while this could see fewer mega projects financed directly through Chinese…
Two Japanese tourists recently encountered an aggressive confrontation with a Chinese key opinion leader (KOL) while taking photos at the Old Summer Palace in Beijing, igniting a nationwide debate about racism. Also known as Yuanmingyuan Park, the Old Summer Palace was once one of China’s most magnificent royal gardens until it was devastated by a…
President Xi Jinping has subtly toned down China’s focus on achieving its annual economic growth goals this year, seemingly indicating the difficulties faced by the world’s second-largest economy in achieving its “around 5 per cent” gross domestic product target. “We should strive to fulfil the economic and social development goals and tasks for the whole…
Hong Kong’s reputation as a top-tier global financial hub has taken another hit. A recent US advisory is urging American companies operating there to consider the legal and regulatory risks they may face, including possible sanctions violations. Doing business in the city, the alert argues, is the same as operating on the mainland, because of…
WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world’s superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions…
Beijing may look beyond Hong Kong to formulate proportional countermeasures should the US pass legislation aimed at closing the city’s trade offices in the country, observers and experts have said. The Chinese foreign ministry on Wednesday warned of “resolute and strong countermeasures” after the Republican-led US House of Representatives voted to pass bills that would…