
China is growing up to its international commitments: two coastal provinces following instructions from the Ministry of Agriculture and Rural Affairs have started to award fishery stewardship subsidies to its vessels depending on how they implement measures such as catch volumes, respecting opening and closure of seasons, during the previous year.

China finally admits that the economy has suffered because of Covid 19 measures and the crackdown on real estate debt, and is this new volatile, grave and uncertain environment, the growth target has been lowered to around 5,5%.

China's foreign ministry spokesperson during the daily media conference called for an end to the Cold War mentality and emphasized that Beijing does not agree to resolve issues with sanctions that lack the basis of international law.

The Ukraine war which has impacted on Russian markets and particularly the plunge of the ruble, should not be a major cause of concern for China-Russia bilateral trade since a growing percentage of business is done with the Chinese currency Yuan, as the two countries move towards de-dollarization, according to financial circles in Beijing.

China will begin the sale of state-owned reserves to increase supply in the world’s largest oilseed market, the National Food and Strategic Reserves Administration announced, although no auction volumes or dates were advanced.

On Friday the leaders of Russia and China, Vladimir Putin and Xi Jinping spoke on the phone about the current situation in Ukraine. The two versions of official news agencies follow. The Russian version said the two leaders enhanced practical bilateral cooperation and closely coordinate actions in support of each other.

The former Portuguese colony of Macau in China has suspended the import of Brazilian frozen meat after a batch tested positive for the SARS-CoV-2 coronavirus in Hong Kong.

The Government of China has voiced its concerns over Australia’s US$ 570 million plan to boost its scientific and strategic presence in Antarctica, which would involve a fleet of surveillance drones and long-range helicopters in the area.

A fourth shot of the COVID-19 Sinopharm vaccine will not provide any additional protection against the disease, according to a study from the Sun Yat-sen University in Guangzhou released earlier this week.

“China hopes all parties will pursue dialogue and consultation to find a solution that is truly conducive to safeguarding the security of Europe”, replied Beijing's Foreign Ministry Spokesperson Wang Wenbin when asked about China's position regarding the situation concerning Ukraine following on Russian president's Vladimir Putin to recognize Donetsk and Luhansk regions as independent from Ukraine.