Chinese and Indonesian firms will sign business agreements totaling more than $10 billion on Sunday, President Prabowo Subianto said as he met his counterpart Xi Jinping in Beijing during a state visit. Prabowo, on his first foreign trip since his inauguration last month, said the relationship between China and Indonesia is getting “stronger and stronger,”…
Chinese President Xi Jinping told Italian President Sergio Mattarella that China is willing to import more of Italy’s high-quality products and expand their business ties. Italy can also play an active role in enhancing cooperation between China and Europe and in Europe’s participation in tackling global challenges, state-run China Central Television quoted Xi as saying…
China extended its congratulations to Donald Trump for his victory in the US election, while the president-elect reportedly spoke on the phone with Chinese leader Xi Jinping. A Foreign Ministry spokesperson commended the Republican on his win over Kamala Harris, according to a statement late Wednesday night. “We respect the choice of the American people…
A budding alliance between Russia and North Korea is handing Chinese President Xi Jinping another problem, as Beijing comes under growing international pressure to rein in two of its closest diplomatic partners. The revelation last month that Kim Jong Un sent thousands of troops to Russia’s border sparked fears that Europe’s largest conflict since World…
China’s top coal producers are accelerating a move into power generation as fuel prices drop and electrification takes center stage in China’s low-carbon transition. Profits this year at miners such as China Shenhua Energy Co., the country’s biggest producer, and China Coal Energy Co., have come under pressure as the market has weakened. Nationwide mining…
With the weeks running down on 2024, Chinese policymakers are already in a position to declare “mission accomplished” on their (almost) decade-long Made in China 2025 project. Despite headwinds including major tariff hikes by successive US administrations, the worst domestic housing slump in modern times and an increasing fragmentation of the global economy into competing…
The vitriol dominating public discourse in the run-up to US presidential elections may be aggravating divisions among Americans, and is also wearing down a key advantage the country has over Chinese leader Xi Jinping: soft power. Generations of young Chinese grew up admiring Disney films and iPhones but the affinity is now fading, according to…
Hi, I’m Rebecca Choong Wilkins in Hong Kong, where — like everyone else — I’m trying to figure out just how much support Chinese President Xi Jinping will roll out for the beleaguered economy. The secret to answering that question might lie with a dissident in Canada and his cat. Source link