Updated on 02/01/2022 04:49 pm The European Commissioner for the Internal Market, Thierry Breton, indicated that resources will be mobilized to help Lithuanian companies that are suffering from coercive measures by China, which prevents them from accessing its market in retaliation for the recognition given to Taiwan. Breton, who attended an informal council of EU […]
Tag: China
China celebrates the new year at the gates of closed temples
Updated on 02/01/2022 09:28 am China celebrated the Lunar New Year on Tuesday despite coronavirus pandemic restrictions, and small crowds gathered outside closed temples for traditional Year of the Tiger prayers. At Beijing’s Lama temple, dozens of people prayed before the ornate west gate of the Tibetan Buddhist shrine, which before the pandemic was often […]
Foreign journalists in China face unprecedented pressure
Foreign journalists in China face “unprecedented obstacles” to their work, with threats of legal action, internet campaigns and falling numbers due to the expulsion of colleagues, the Foreign Correspondents’ Club of China (FCCC) warned in its annual report. Beijing seems to bepromoting a barrage of lawsuits” or threats of legal action against foreign journalists, the […]
Ginger exports fell by 13.4% as of November 2021
The Exporters Association Global Business and Economics Research Center (CIEN-ADEX) reported that, between January and November 2021, exports of Peruvian ginger (kion) abroad totaled around US$81,200,000, representing a drop of 13.4% compared to the same period in 2020. Last year’s decline was due to lower prices due to higher volumes of ginger from China, which […]
Banks reject China’s plan to curb overseas IPOs
Updated on 01/30/2022 03:03 am Global banks are raising concerns with Chinese authorities over a plan to tighten rules on foreign share listings, saying the draft rules are vague and will extend Beijing’s regulatory reach outside the country’s borders. The proposals will also increase costs and hamper negotiations, Hong Kong’s leading financial firm lobby group […]
Evergrande seeks to present restructuring plan in six months; State strengthens control
China Evergrande Group said it aims to have a preliminary restructuring proposal within six months as the debt-ridden real estate company seeks to reassure creditors spooked by defaults since its finances began to unravel last year. The long-awaited communication comes in a context in which Beijing is tightening control over the firm, while taking steps […]
President Ecuador says he will seek to decouple oil from debt with China
Updated on 01/25/2022 04:20 pm the president of Ecuador, William Lasso, announced that it will seek to unlink the outstanding volume of crude oil from the debt it maintains with China during a visit to that country in early February, as part of its plan to renegotiate some US$4.1 billion. In the past decade, China […]
China must seek to live with COVID, not defeat it
More than two years after the start of the pandemic COVID-19, China it is the only one of the major countries that continues with a zero-tolerance strategy, seeking to extinguish outbreaks as soon as individual cases emerge. That policy seems increasingly untenable. Chinese leaders should now prepare for a change of course. The appearance of […]
China launches 2nd largest air raid on Taiwan defense zone
Updated on 01/24/2022 10:05 am China sent 39 military planes, mostly fighter jets, to fly over Taiwan’s air defense zone on Sunday, in the second largest incursion since October, the island’s government revealed. The Ministry of Defense of Taiwan it said in a statement late Sunday that it had moved its own planes to issue […]
China accuses the United States and Japan of defaming it “without foundation”
Updated on 01/24/2022 09:35 am The Chinese government issued a strong complaint to the United States and Japan for “baseless” attacks on China in a virtual meeting between US President Joe Biden and Japanese Prime Minister Fumio Kishida, said Zhao Lijian, a spokesman for the Foreign Ministry. Chinese Foreign. Kishida and Biden had a “very […]