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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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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The US relations with China in regards to Taiwan have been dictated by years of ambiguous statements and commitments. Now this rhetoric is breaking down and armed conflict seems closer than ever – but is Washington ready to fight over Taiwan, or capable of winning? Assurances and commitments Officially, US …
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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’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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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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China has denounced the visit of a Lithuanian official to Taiwan and vowed a resolute response to the move, which it describes as an affront to the ‘One China’ principle, according to a statement by a Chinese Foreign Ministry spokesperson on Thursday. Last week, Taiwan’s Ministry of Foreign Affairs announced …
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Washington is seeking to prolong the conflict in Ukraine as much as possible in order to weaken Moscow, China’s ambassador to Russia has suggested. In an interview with Russia’s TASS news agency published on Wednesday, Zhang Hanhui said, among other things, that it was the US that had initiated …
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China has announced an end to the unprecedented military exercises around Taiwan, which were launched following the controvercial visit by US House Speaker Nancy Pelosi to Taipei. The People’s Liberation Army (PLA) said on Wednesday that it had “successfully completed various missions during recent drills around Taiwan island and effectively …
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Beijing wants peaceful reunification with Taiwan, but foreign powers meddling in Chinese domestic affairs and encouraging secession on the self-ruled island make it necessary to retain the use of force as an option, a Chinese white paper has said. “We will work with the greatest sincerity and exert our utmost …
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