President Trump’s decision to halt funding for the World Health Organization drew criticism from China as the International Monetary Fund offered a dire economic prediction for the world.
Kyrgyzstan Asks China For Debt Relief Amid Economic Strain Of Pandemic
Kyrgyzstan has asked China for debt relief as it struggles with the economic shocks of the coronavirus pandemic. President Sooronbai Jeenbekov’s office said on April 14 that he had asked his Chinese …
Pakistan urges China to soften terms for power deals
Pakistan has requested China for ease in payment obligations of over $30 billion worth of about 12,000-megawatt power projects under the China-Pakistan Economic Corridor (CPEC) to minimise its …
US engages in show of force in Guam, after China’s own show of strength near Taiwan
After a Chinese aircraft carrier sailed past Taiwan over the weekend in a show of strength as the U.S. Navy struggles with coronavirus, the U.S. Air Force then posted a tweet showing a number of …
China didn’t warn public of likely pandemic for 6 key days
In the six days after top Chinese officials secretly determined they likely were facing a pandemic from a new coronavirus, the city of Wuhan at the epicenter of the disease hosted a mass banquet for …
Coronavirus to push China’s first-quarter GDP into first decline on record: Reuters poll
BEIJING (Reuters) – The coronavirus health crisis likely knocked China’s economy into its first decline since at least 1992 in the first quarter, raising the heat on authorities to do more to restore …
Asia shares consolidate, China cuts another interest rate
China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way for a similar reduction in benchmark loan rates. While not unexpected, it did help …
China, India to narrowly avoid recession in virus-hit 2020: IMF
The pandemic has hammered the world economy, with millions of jobs lost and businesses shut because of unprecedented lockdown measures to slow the spread of the disease. It predicted growth of 1.2 …
Fact check: Smithfield Farms is not selling meat that was slaughtered, processed in China
A viral but false social post states Smithfield Farms raises hogs in the U.S., then sends them to China to be slaughtered and packaged.
McDonald’s apologizes after a restaurant in China bans black customers
African American residents in Guangzhou have been facing increased xenophobia, which forced the U.S. Consulate to issue a travel warning.