Economic hardships, combined with the government’s determination to keep its zero-tolerance policy for Covid-19, are likely to bring Chinese beef imports down by 19.4% in 2023, according to the latest report by USDA
Funding worth more than US$ 1.1 billion has been pledged from the United States to Taiwan, according to Pentagon sources quoted Friday by the press. The measure will help the island strengthen its missile and radar systems, a State Department spokesman also said.
Former two-time Chilean President Michelle Bachelet Wednesday filed a report on China's “Crimes against humanity” on her last day as United Nations High Commissioner for Human Rights (UNHCHR) as she left her office to a standing ovation.
Chinese authorities have once again placed millions of people under lockdown following the resurgence of an outbreak of COVID-19 of the Omicron variant and as a consequence of the national government's zero-COVID policy.
Arizona's Republican Governor Doug Ducey Tuesday landed in Taipei in yet another US delegation trip enraging Beijing over direct ties between sovereign countries and the island the Asian giant deems a rogue province.
China has said the United States was trying to disrupt peace in the Taiwan Strait after two warships sailed through the waters between the mainland and what Beijing regards as a rogue province in what Washington dubbed a routine drill.
Russia has become China's main oil supplier for the third month running during July, according to information from Hong Kong market analysts. Apparently independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil.
A new agreement to facilitate exports from the Brazilian agribusiness sector to China has been described by market experts in Sao Paulo as crucial to inaugurating the “biggest era of market openness in the last ten years” between the two countries.
China is again facing a challenging real estate situation, with homeowners in different provinces refusing to pay mortgages on their undelivered, unfinished flats. This is happening only two months ahead of the Chinese communist party congress when comrade Xi Jinping is expected to confirm a third five-year term, following on the constitutional change of 2018 that scrapped presidential term limits.
Chinese authorities have declared a yellow alert as the country continues to be hit by a persistent drought following weeks of high temperatures that have dried up parts of the Yangtze river, it was announced. On Beijing's scale of alerts, yellow is two notches below the most severe warning.