Chinese President Xi Jinping recently commemorated the 120th birth anniversary of Chen Yun, one of the foundational economic planners of the Communist Party of China. Amid the commemoration’s celebratory tone, Xi’s speech signals a rhetorical shift. The references to communist conviction so prominent in the 2015 address delivered for Chen’s 110th birthday were relatively sparse…
China has “no fundamental conflict of interest” with New Zealand, President Xi Jinping told New Zealand Prime Minister Christopher Luxon in Beijing on Friday while calling for the constructive management of differences. “Both sides should adhere to mutual respect, seek common ground while acknowledging differences, and correctly view and manage their differences and disagreements,” Xi…
Aimee Smale was only 22 years old when she launched her own clothing brand, Odd Muse, from the comfort of her bedroom amid the Covid-19 pandemic in 2020. Modelling her own designs and piggybacking off of TikTok’s rapid growth at the time, Smale managed to use social media to market her “affordable luxury” brand. Odd…
China’s financial authorities have granted Hong Kong residents a new daily remittance quota for the yuan, as a cross-border electronic transactions service prepares to kick off, linking 315 million users between the city and the mainland. Starting from noon on Sunday, the 17 million registered users of Hong Kong’s Faster Payment System (FPS) will be…
Trump’s two-week delay on an Iran bombing decision has generated uncertainty that is holding investors (and businesses) back from making decisions. While the “fear index” dropped, U.S. markets still slid slightly in premarket trading. Investors didn’t exactly breathe a sigh of relief after President Trump postponed a decision on bombing Iran for two weeks. U.S….
The United States has transferred a third coast guard ship to Vietnam, as the former foes expand their defense partnership amid China’s growing threats in nearby disputed waters. Newsweek has contacted the Chinese defense and foreign ministries for comment by email. Why It Matters In 1995, the U.S. and Vietnam—former adversaries during the Vietnam War,…
Taipei says an estimated 15 Chinese aircraft crossed the median line of the Taiwan Strait on Friday. Taiwan‘s defence ministry says that it has detected more than 70 Chinese military aircraft around the island in the last 24 hours, just days after a British naval vessel sailed through the sensitive Taiwan Strait. The latest sightings…
Hong Kong’s education authorities have reminded schools to be vigilant about any attempts to promote United States Independence Day celebrations on campus, the Post has learned. This follows an online claim that authorities had told schools to discourage students from attending July 4 events at the US consulate. Furthermore, the claim suggested teachers should seek…
The United Kingdom and Japan—United States allies in NATO and the Pacific respectively—have sent naval ships through the Taiwan Strait, which China has long claimed sovereignty over. Regarding the passage of the British patrol vessel HMS Spey on Wednesday, the Chinese military described it as “undermining peace and stability” across the 110-mile-wide waterway. Newsweek has…
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