Tag Archives: China

Heavy rain and rising floodwaters overwhelmed Henan province in central China on Tuesday, flooding subway stations in the city of Zhengzhou and washing vehicles off the road. By Tuesday night, however, the nearby city of Luoyang and its seven million inhabitants faced an even more sobering threat: the collapse of …

On Monday, the United States, the United Kingdom, and the European Union accused China of being behind a hack of Microsoft’s servers in March.  Without evidence, the allies said Beijing had been involved in “malicious cyber activity,” although they stopped short of implementing any sanctions. China responded by calling the …

“Foreign residents temporarily traveling in China can open an e-CNY wallet to meet daily payment needs without opening a domestic bank account,” the bank said in its so-called white paper on e-CNY, China’s government-developed digital currency. Despite e-payments being a major form of transactions in China, the country’s two leading …

In April this year, Japanese Prime Minister Suga Yoshihide became the first foreign leader to visit the White House after the swearing in of Joe Biden as America’s 46th President. After private discussions, Yoshihide and Biden issued a joint statement entitled “US-Japan Global Partnership for a New Era.” What made …

Xiaomi landed a 17% share in global smartphone shipments in the second quarter of 2021, behind Samsung with 19%, a report from research agency Canalys revealed. Apple came in third, with a 14% share of the market.  “Xiaomi is growing its overseas business rapidly,” Canalys Research Manager Ben Stanton stated …

According to a report in the Financial Times, China has refused to host a scheduled visit from US Deputy Secretary of State Wendy R. Sherman. As part of a wider Asian trip, the veteran diplomat aimed to fly into Beijing for talks which were expected to pave the way for …

There’s a saying that a week is a long time in politics. What this means is that politics is, at heart, unpredictable. One thing can happen, and it appears easy to draw quick and definitive conclusions from it, but then, suddenly, another event occurs that suggests the opposite. You think …

According to its report, the Chinese service sector drew in the largest amount of foreign capital – some 482.77 billion yuan ($74.61 billion) – soaring 33.4% year on year. The high-tech industry also saw a significant increase in foreign investment – by 39.4%. High-tech services attracted 42.7% more investments than …

For the first time, Japan’s annual defence report has listed Taiwan as a priority issue, noting that the stability of the self-ruled island – which is claimed by China – is critical to its own security. The shift in position demonstrates a growing openness from Tokyo to counter the rise of …

In a statement on Monday, the Southern Theater Command of the People’s Liberation Army said it had dealt with an American warship, the USS ‘Benfold’, which had entered the waters around the Paracel Islands without China’s approval.  “We urge the United States to immediately stop such provocative actions,” it said …