The study, released on Wednesday by the European Council on Foreign Relations, found that the vast majority of more than 16,000 respondents living in the bloc’s member states believe relations between the East and West are under serious strain. Around 59% of those surveyed from across 12 countries, including France, …
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Since its announcement a week ago, the trilateral deal to provide Australia with nuclear-powered, yet conventionally armed, submarines has faced a wave of international condemnation. France, which lost a hefty $66 billion contract for diesel-electric subs with Canberra because of the move, labeled it “a stab in the back” and …
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The “United States has no closer, more reliable ally than Australia,” Biden told Morrison on Tuesday in a brief photo-op for the media before they went into a bilateral meeting. Just last week, announcing the AUKUS alliance between Washington, London and Canberra, Biden appeared to forget Morrison’s name and called …
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Anyone who has ever worked for the Murdoch press, like me, knows one thing: nothing big goes to print without the boss’s final okay, particularly where the political or business interests of his global media empire are concerned. So it cannot be too far wide of the mark to suggest …
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The Evergrande Group, China’s second largest property developer, is seemingly on the verge of bankruptcy. It’s one of the biggest in the world, and a Fortune 500 company. However, it finds itself swamped in over $300 billion of liabilities and is struggling to repay its debts, sending it tumbling towards …
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Nikolay Patrushev, the secretary of Russia’s Security Council, told the Argumenty i Fakty newspaper on Tuesday that the pact between the three nations, known as AUKUS, will inevitably be yet another military bloc aimed at containing and confronting the two strongest non-Western powers. According to the interview, Patrushev compared the …
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The intense controversy that has surrounded America’s new submarine deal with Australia and the United Kingdom, which is seemingly designed to target China, has overshadowed the fact that it also has implications elsewhere in East Asia. Over the weekend, North Korea’s foreign ministry condemned the AUKUS agreement, stating that, “These …
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Investors interested in redeeming wealth management products for physical assets should contact their investment consultants or visit local offices, a unit of the company’s main Hengda Real Estate Group Co Ltd unit said in a WeChat post dated Saturday. The embattled corporation reportedly has an estimated 40 billion yuan ($6 …
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According to the regulator, the Regional Comprehensive Economic Partnership (RCEP) agreement is expected to further boost trade ties between the nations in the Asia-Pacific region, thus promoting more opportunities for the use of the yuan in mutual settlements and investment activities. The pact was clinched in late 2020 at a …
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Since Wednesday’s provocative announcement of a new military and technological partnership between the US, UK, and Australia that sent shockwaves through the world, all eyes have been on how Beijing was going to react. China’s Foreign Ministry quickly denounced the new deal as “extremely irresponsible” and told Australia to “prepare …
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