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Tag Archives: China

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China rejects West’s call for Russian oil price cap

Beijing opposes the decision made by the G7 nations to introduce a price cap on Russian oil, Chinese Foreign Ministry Spokesperson Mao Ning said on Monday.  “Oil is crucial for ensuring global energy security,” she told a briefing, adding: “we hope that the countries concerned… will make constructive efforts, and …

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China sets condition for resuming talks with US

The US must address the damage that its House Speaker Nancy Pelosai caused with her recent visit to Taiwan before expecting any cooperation from China on climate-related issues, the country’s diplomats have warned. “The US side should dispel the negative influence of Pelosi scuttling to Taiwan,” the Foreign Ministry said …

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Drawing the sword: Is Japan getting ready to move against China?

A recent report suggests that Japan’s government is considering positioning over 1,000 ballistic missiles aimed towards China, a move that would mark a major escalation in tensions between Tokyo and Beijing. It is unclear if this will ever materialize, given the threat to regional stability it would carry, as well …

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Islands near Australia could be sold to China

Australia is doing plenty to challenge China without buying the Conflict Islands, Prime Minister Anthony Albanese has told local media. The islands, which the current owner has threatened to sell to Beijing, comprise 21 coral atolls located off the eastern coast of Australia between Papua New Guinea and the Solomon …

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China boosts Russian energy imports – Bloomberg

Chinese imports of Russian energy have jumped 75% since the start of the conflict in Ukraine and the ensuing sanctions war between Moscow and the West, Bloomberg reported on Monday, citing China’s latest customs figures. According to the data, covering the period from March to July, Beijing’s purchases of Russian …

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China’s tourism forecast issued

Domestic tourism in China is on track to make a comeback after sinking to an all-time low during strict Covid-related lockdowns, CNBC reported Monday, citing Fitch Ratings data. The analysis showed an increase in holiday bookings since the country’s biggest lockdown in Shanghai ended in late May. Traveler numbers surged …

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China ‘highly appreciates’ Putin’s stance on Pelosi’s Taiwan trip

China “highly appreciates” Russian President Vladimir Putin’s critical remarks about US House Speaker Nancy Pelosi’s “provocative” visit to Taiwan, Chinese Foreign Ministry spokesperson Wang Wenbin said on Wednesday. Wang noted that Putin’s position reflected the high-level strategic cooperation between China and Russia and was a manifestation of the “consistent and …

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China drills one of world’s deepest oil deposits – media

China’s largest oil refiner Sinopec has reportedly extracted crude oil and natural gas from a newly drilled oil reserve with wells around 8,000 meters deep, in the Tarim Basin of the Xinjiang region. According to Xinhua agency, citing the company on Wednesday, the site could potentially yield 244 tons of …

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Russia-China trade to reach major milestone

Economic ties between Russia and China are showing steady growth despite the difficult international situation, Beijing’s ambassador to Moscow said on Friday, predicting that trade could hit $200 billion this year. “Russian-Chinese trade and economic cooperation shows excellent results and sustainable development, despite the tests associated with the pandemic, the …

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