First it was the high ranks of the party and now the private sector. Xi Jinping’s anti-corruption campaign continues as the Chinese president tries to consolidate his power with an unprecedented third term. The annual session of the National People’s Congress (Chinese parliament) was the starting signal for Xi’s campaign to secure command of the […]
Tag: China
The Economist: Vladimir Putin is an imperialist, but China doesn’t care
For the ardent revolutionaries running China in 1968, the Soviet invasion of Czechoslovakia was a monstrous crime, but not a surprise. Watching from Beijing, Chairman Mao Zedong and his aides saw the vindication of a long-standing suspicion: that the once-proud Soviet Union was now ruled by “socialist imperialists”, along with the capitalists in charge of […]
China assesses stake in Russian energy, commodity companies
China is considering buying or increasing stakes in Russian energy and commodity companies, including gas giant Gazprom PJSC and aluminum producer United Co. Rusal International PJSC, according to people familiar with the matter. Beijing is in talks with its state-owned companies, including China National Petroleum Corp., China Petrochemical Corp., Aluminum Corp. of China and China […]
US would review tax credit for the purchase of electric vehicles
Electric vehicle subsidies are going in very different directions in different parts of the world. China, for example, has been phasing out support for direct purchase of electric vehicles since 2018 and plans to end its subsidies entirely next year. The United Kingdom It has also steadily reduced subsidies for electric vehicles, which are now […]
China could have “predatory influence” in Latin America, according to the US
China continues with itsrelentless march” to influence Latin America and the Caribbean and, without US leadership, could come to exert a “predatory influence” as in Africa, said the head of the United States Southern Command. China, “our long-term strategic competitor, continues its relentless march to expand economic, diplomatic, technological, information and military influence in Latin […]
China warns the US not to form a NATO in the Pacific
China warned the United States against trying to build what it called a Pacific version of NATO, while declaring that security disputes over Taiwan and Ukraine “they were not comparable at all”. Foreign Minister Wang Yi said at his annual press conference on Monday that the “actual goal” of the US Indo-Pacific strategy was to […]
The US believes that China can show that it respects the UN Charter
Deputy Secretary of State for United StatesWendy Sherman stated that China now has the opportunity to show that it supports the principles of the Charter of the UN with regard to the sovereignty and territorial integrity of Ukraine. In Madrid, where he carries out various diplomatic activities, Sherman referred to the hypothesis that China carries […]
China Says Mixing Taiwan, Ukraine Issues Is Using ‘Double Standards’
Updated on 03/07/2022 03:18 pm The Taiwan and Ukraine issues are different as Taiwan has always been a part of China, Chinese Foreign Minister Wang Yi said, saying that trying to equate the situations is acting with “double standards.” China claims the democratically governed island as its own territory and has increased military pressure against […]
China’s anti-COVID policy under pressure amid rising cases
Updated on 03/07/2022 08:37 am China announced on Monday the highest number of daily cases of coronavirus in the last two years, a new challenge for its authorities, who are trying to tackle outbreaks in more than a dozen cities. More than 500 COVID-19 infections were recorded across mainland China on Monday, the highest daily […]
China, limited lifeline for Russia after sanctions for invasion of Ukraine
Russia has China to mitigate the effect of international sanctions for its invasion of UkraineBut Beijing is not willing to do anything in the name of friendship, analysts warn. Western countries have enacted sanctions against Moscow to cripple its banking sector and currency. Several banks have been excluded from the Swift interbank platform, an essential […]