The mainstay of Xi’s address concerned the economic success of China. He stressed that the Chinese economy is thriving, and explained that China’s total GDP is soon expected to surpass 130 trillion yuan (£14.3 trillion). This equates to a 4.9% increase in GDP over the course of the last 12 months.
Philippines deploys maritime and air assets to monitor China’s ‘monster ship’
The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China’s largest coast guard vessel, calling the ship’s presence an act of Chinese “intimidation,
Trump says he and China’s Xi have been talking through aides
U.S. President-elect Donald Trump said on Monday that he and Chinese leader Xi Jinping have been speaking through representatives and he believes the two leaders will get along. “We’ve already been …
China’s export ban to push antimony prices to new highs
Antimony prices are likely to hit record levels as consumers seek alternative supplies following China’s latest export ban with growing trade tensions changing the dynamics around markets for critical …
China’s Xi cites corruption as ‘biggest threat’ to ruling Communist party
Corruption is the biggest threat to China’s Communist Party, President Xi Jinping said on Monday, in a clear warning that the ruling party is resolved to tackle a long-running problem that is now …
China’s WuXi Biologics to sell Ireland vaccine facility to Merck for $500 million
China’s WuXi Biologics said on Monday it will sell its vaccine facility in Ireland to Merck for about $500 million.
Exclusive: Sunac China flags difficulty making Sept dollar bond payments, sources say
Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, two sources said, as weak sales raise the prospects for a new round of …
China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure, while the …
Volkswagen and Xpeng to build super-fast charging network in China for EVs
Volkswagen has ramped up its focus on China via an investment in Xpeng and an aggressive electric vehicle launch schedule.
A filmmaker made a documentary about rare protests in China. Now he’s going on trial
A Chinese filmmaker was due to stand trial Monday over his documentary about China’s nationwide protests against Covid lockdowns in late 2022, as Beijing seeks to erase public memories of stunning …