During the COVID-19 pandemic, the United States donated many more vaccines to Latin America than China, but it did so “with less fanfare” and, according to the Atlantic Council center, there is a perception that the Asian colossus was “more proactive ”. China, which has been using its buoyant economy for politics for a decade, […]
Tag: China
Chinese oil company CNPC obtains first drilling contract in Ecuador’s Ishpingo field
Updated on 02/23/2022 02:57 pm The first contract for the drilling of wells in the key oil field of Ishpingo, in the vicinity of the Ecuadorian national park of Yasuní, was awarded to China National Petroleum Corp (CNPC), said the Minister of Energy and Non-Renewable Natural Resources, Juan Carlos Bermeo. The country, which is promoting […]
China accuses US of creating ‘fear and panic’ over Ukraine
China accused the United States of creatingfear and panic” about the crisis in Ukraine, and called for a dialogue to quickly de-escalate rising tensions. The Chinese government, reiterating its position, opposes the new unilateral sanctions imposed on Russia, explained the spokeswoman for the Ministry of Foreign Affairs, Hua Chunying. According to the spokeswoman, the United […]
China would prepare another offensive against technological giants
From Alibaba to Tencent, China’s biggest companies are once again at the center of a stock market storm, sparked by speculation that Beijing is preparing another offensive against the world’s biggest internet arena. Three of China’s most valuable companies — Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Meituan — lost more than $100 billion […]
Escalation in Ukraine leaves Chinese president in delicate position
Updated on 02/23/2022 02:11 am While most diplomats at an emergency United Nations Security Council meeting condemned Vladimir Putin’s government for escalating tensions with Ukraine, China’s envoy carefully avoided any mention of Russia. “All parties involved must exercise restraint and avoid any action that could fuel tensions.Ambassador Zhang Jun said Monday as part of a […]
EU: alliance between China and Russia challenges the multilateral order
The European High Representative for Foreign and Security Policy, Josep Borrell, warned that “the alliance between China and Russia challenges the multilateral order” and advocated that the European Union (EU) counteract it by being more present in the Indo-Pacific area. “It is obvious that the convergences between China and Russia have an importance in the […]
China Warns of Rise in Metaverse-Related Scams
Updated on 02/22/2022 05:11 am The China Banking and Insurance Regulatory Commission on Friday issued a warning against illegal fundraising schemes linked to the metaverse. The warning comes amid a boom in Chinese activity in the digital sector that seeks to combine virtual reality, gaming and social media. Beijing appears to have sanctioned metaverse projects […]
Strained US-China relationship 50 years after Nixon’s visit
Updated on 02/22/2022 04:34 am At the height of the Cold War, then US President Richard Nixon traveled to the center of communist power China in a visit that, over time, transformed relations between United States and China and Beijing’s position in the world in a way unimaginable at the time. The relationship between the […]
Are Russia and China forming an alliance against the US?
The concentration of Russian forces along the border with Ukraine is raising the possibility of a Russia-China axis in counterpart with the United States and its allies. The meeting between Russian President Vladimir Putin and his Chinese counterpart Xi Jinping in Beijing days ago sparked speculation that the two great powers could ally against Washington […]
Airbnb in the spotlight in China for its rentals in Tibet and Xinjiang
The solid growth in China of Airbnb, sponsor of the Beijing Winter Olympics, is partly linked to the 700 tourist rentals that the platform offers in Tibet and Xinjiang, where China is accused of violating human rights. These accusations are based on exclusive data from the London-based NGO Free Tibe, obtained and verified by AFP. […]