Chinese Prime Minister Li Keqiang announced last Saturday that the Asian giant’s growth target for this year will be around 5.5%, its lowest target for more than 30 years (since 1991). The new estimates from China, according to Li, are due to a “serious and uncertain” outlook in the context of the coronavirus, the real […]
Tag: China
Overwhelming UN vote pressures China over stance on Ukraine
An overwhelming United Nations vote on a resolution condemning Russia’s invasion of Ukraine could increase pressure on China to take a clearer stance on the issue. On Wednesday, in an emergency session, the UN General Assembly approved by 141 votes in favor and 5 against the measure that urges Russia to immediately stop its “aggression”. […]
China calls NYT reports on coordination with Russia in Ukraine “fake news”
Updated on 03/03/2022 11:42 am The Chinese Foreign Ministry said that reports of alleged coordination between Beijing and Moscow before Russia’s attack on Ukraine are “fake news”. Such practices of diverting attention and shifting blame are “despicable”, said Wang Wenbin, spokesman for Foreign Affairs, in a briefing before the media. Senior Chinese officials in early […]
China asked Russia to postpone the invasion for the Olympics, says the NYT
Updated on 03/02/2022 07:04 pm The Chinese government asked Russia in early February not to start the invasion of Ukraine until after the Winter Olympics held in China, according to The New York Times (NYT), citing US government sources and to a European government source. The newspaper notes that according to a “western intelligence report”, […]
US favorable to working with its allies on China’s trade practices
Updated on 03/01/2022 01:45 pm The government of President Joe Biden acknowledged on Tuesday that it is difficult to put an end to Chinese trade practices that it considers unfair and said it is in favor of acting in concert with its allies to counter them. “To successfully counter the range of threats posed by […]
Blockchain helps China with green effort on cars
As automakers turn their attention to zero-emission vehicles, the application of futuristic technologies like blockchain is aiding efforts to cut costs amid fierce competition. Global players such as Mercedes, BMW, and Toyota have outlined their approaches to adopting decentralized digital technology, and automakers in China are actively following suit. Just before the Lunar New Year, […]
Faced with EU sanctions, Gazprom will cross Mongolia to supply China with Russian gas
Gazpromthe largest company in Russia and currently controlled by the Russian state, took a new step towards the largest possible natural gas supply agreement in its history with China after nations around the world severed economic and political ties with China. Putin for the invasion of Ukraine. According to the Bloomberg portal, the gas giant […]
The US asks China to abandon “ambiguity” before Russia’s invasion of Ukraine
Updated on 02/25/2022 06:27 pm United States urged China to abandon “ambiguity” and stop “hiding” so as not to condemn the invasion russian from Ukraineand asked for his help in mitigating the impact of the war on global markets. “Every country should think about which side of history they want to be on,” White House […]
Chinese President Xi speaks with Putin and asks for negotiations with Ukraine
Updated on 02/25/2022 11:57 am Chinese President Xi Jinping spoke Friday with his Russian counterpart Vladimir Putin about the war in Ukraine and was in favor of resolving the conflict through diplomatic channels. China “supports Russia in the resolution (of the conflict) through negotiations with Ukraine”, state television CCTV collected during a summary of the […]
China, between the “diplomatic solution” and implicit support for Russia
China avoids condemning the attack of Russia to Ukraine while calling for a diplomatic solution to the crisis and emphasizing safeguarding the sovereignty of states, a complicated fit after Chinese President Xi Jinping deepened his alliance with Vladimir Putin just a few weeks ago. From Beijing, the spokeswoman and assistant foreign minister, Hua Chunying, urged […]