The reputation of Hong Kong’s legal system is of paramount importance as the city seeks to forge international ties and attract talent, tourists and investment in the Year of the Snake. Leading lights of the profession used the ceremonial opening of the legal new year to express defiance in the face of a barrage of…
Beijing will take necessary measures to defend its legitimate interests, China’s Ministry of Commerce said on Friday after Japan announced a series of tech and trade curbs, including sanctions on more than a dozen Chinese companies. “For some time, certain countries have broadened the concept of national security and abused export controls to suppress China’s…
Chinese IT firms are expanding in Russia, filling the gap left by Western exits after the invasion of Ukraine. While Chinese companies are taking advantage of the ever-stronger economic ties between the two countries, concerns are being raised about Russia’s level of dependence on its neighbor at a time when it is being choked by…
The Russian economy is facing the prospect of a huge rise in corporate bankruptcies as firms are driven to the edge by a record key interest rate. The Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF), which is close to the Russian government, said that one in five manufacturing enterprises must pay two-thirds of pretax…
“We understand that this country’s political leadership can’t imagine that anyone could act freely and independently without some kind of personal gain,” Maštalír said. The protest rallies, which happened simultaneously in more than 30 Slovak towns, were organized by the “Slovakia is Europe” NGO in response to a sharp foreign policy turn toward Moscow by…
Beijing has altered Secretary of State Marco Rubio’s Chinese name, prompting questions over whether the Chinese Communist Party is dropping its sanctions against America’s top diplomat. Newsweek reached out to the U.S. State Department by email for comment. Why It Matters Rubio’s appointment has widely been seen as a sign that President Donald Trump plans…
Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude, a favorite with Chinese refiners, Bloomberg reports, citing shipbroker and ship-tracking data. The Biden Administration’s final sanctions on Russian oil trade were the most aggressive…
Trump Taunts & Threatens NATO Nation, Says ‘Will Punish Spain With 100%…’ U.S. President Donald Trump has issued a stern threat to NATO member Spain, expressing frustration over the failure of NATO nations to meet their defence spending targets. Taunting his NATO partner, Trump asked, “Is Spain a BRICS nation?” He further warned Madrid, “If…
The Chinese government imposed sanctions on seven companies on Friday in response to US military sales and other forms of support for Taiwan, some of which were signed into law this week by US President Joe Biden. Beijing’s Ministry of Foreign Affairs identified the companies as Insitu, Hudson Technologies, Saronic Technologies, Raytheon Canada, Raytheon Australia,…
Beijing has sanctioned two Canadian institutes and several individuals concerned with Tibet and Xinjiang issues as tensions with Ottawa continue to worsen. The Uygur Rights Advocacy Project, the Canada Tibet Committee and 20 people from the two organisations had been placed on the sanctions list, the Chinese foreign ministry said on Sunday, citing China’s anti-sanctions…