Month: June 2022

Exclusive – India’s top cement maker pays for Russian coal in Chinese yuan

By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – India’s largest cement producer UltraTech Cement is importing a shipment of Russian coal and paying in Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common. UltraTech is bringing 157,000 tonnes […]

BuckyDrop – The Best Alternative Chinese Sourcing Solution to Oberlo to Help Overseas Sellers Go from Dropshippers to Brand Owners

Shenzhen, China–(BUSINESS WIRE)–June, the golden month for e-commerce business in China, with more than 9 years of experience in one-stop Chinese sourcing solution for global e-commerce, BuckyDrop team has been very busy since May, helping sellers find, buy, package and ship products around the world. In May alone, BuckyDrop helped sellers ship 220% more packages […]

1st LD Writethru: Chinese Premier calls for efforts to stabilize employment and protect livelihoods

BEIJING, June 28 (Xinhua) — Chinese Premier Li Keqiang has called for greater efforts to accelerate economic recovery to shore up market entities, ensure job stability and protect livelihoods. subsistence of the population. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the […]

Live updates: Democrats outraged as Republicans applaud Supreme Court decision

Prime Minister Boris Johnson’s authority is “running out”, a former Tory MP has said, following the ruling party’s loss of two by-elections. “[Johnson’s] authority is very significantly reduced,” Gavin Barwell told Sky News on Friday. “The Conservative Party looked to Boris Johnson, because they saw him as an election winner, there is not…a deep love […]

Chinese companies call for faster digital transformation in Tianjin amid complex backdrop

Opening ceremony of the 6th World Intelligence Congress held in Tianjin Municipality, north China, June 24, 2022. Photo: Courtesy of Jia Chenglong “Intelligent transformation” became the buzzword for representatives of industries from medical to automotive manufacturing at the sixth World Intelligence Congress (WIC) in northern China’s Tianjin Municipality. Amid downward economic pressure and a more […]

Chinese Ambassador Xiao Qian interrupted by several protesters during a speech at UTS

Chinese Ambassador Xiao Qian echoed calls for “concrete action” to “reset” relations with Australia in a speech that was repeatedly interrupted by a series of coordinated protests. Key points: The Ambassador was talking to UTS about bilateral relations Protesters worried about Tibet, Xinjiang and Hong Kong The ambassador’s speech was seen as an attempt to […]

Governor, Chinese envoy discuss CPEC plans

LAHORE: China’s new consul-general in Lahore, Zhao Shiren, visited the Governor of Punjab, Mr. Baligh-ur-Rehman, at the governor’s house on Thursday. Issues of mutual concern, promotion of bilateral relations and Pakistan-China Economic Corridor (CPEC) projects were discussed at the meeting. Speaking on the occasion, the Punjab Governor said the Pak-China friendship is unprecedented and proven. […]

Newly appointed Chinese CG appeals to Punjab governor

Newly appointed Chinese Consul General (CG) in Lahore Zhao Shiren visited Punjab Governor Muhammad Baligh-ur-Rehman and discussed bilateral relations, the China-Pakistan Economic Corridor (CPEC) and issues of mutual concern to the governor’s house, here on Thursday LAHORE, (UrduPoint / Pakistan Point News – June 23, 2022): Newly appointed Chinese Consul General (CG) in Lahore Zhao […]

Entrepreneurs Honored at China’s Asean Awards

Nearly 40 entrepreneurs from Indonesia, Thailand, Singapore and Cambodia shared their business expertise at the second “ASEAN Chinese Book of Records and Awards” in Kuala Lumpur on Sunday. The annual gathering aims to recognize outstanding Chinese entrepreneurs in ASEAN and Malaysia, publicize the great achievements of Chinese ancestors, demand deep understanding of the importance of […]

A Chinese alternative to dollar-based stablecoins? Expanding the use of CNH presents challenges; BTC remains above $20,000

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto and blockchain festival experience of the year in Austin, TX, June 9-12. Hello. Here is what happens: Prices: Bitcoin Holds Over $20,000; other cryptos are mixed. Knowledge: China’s CNH token looks promising as an alternative to dollar-based stablecoins, but the challenges in expanding its use are enormous. […]

Highlights of Chinese Foreign Minister, HE Wang Yi’s Visit to Tonga

Successful Review of Chinese State Councilor and Foreign Minister Wang Yi’s Fruitful Visit Remarks by Ambassador Cao Xiaolin during the handover ceremony of China’s agricultural tractors to Tonga on June 10, 2022, attended by Prime Minister Hon. Hu’akavameiliku, ministers and guests. “It will always be a joy for us to attend handover ceremonies of China’s […]

“Chinese Bridge” language competition held online in Croatia

ZAGREB, June 18 (Xinhua) — The 21st “Chinese Bridge” language competition for foreign students and the 15th such competition for high school students in Croatia were successfully held via video on Saturday. Chinese Ambassador Qi Qianjin, who attended the contest held at the Confucius Institute subordinate to the University of Zagreb, said learning Chinese can […]

Chinese Consumers Splurge on ‘Quality Life’ Products During Middle Year Shopping Festival, Rising Spending Boosts Growth Confidence Significantly

Staff at an industrial zone in Lianyungang, east China’s Jiangsu Province, sort packages on Friday, the day major Chinese e-commerce platforms including Alibaba’s JD and Tmall mark this year’s 618 the mid-year shopping festival. Photo: CGV China ushers in a hot season for consumption as the weather nears the end of the June 18 mid-year […]

EXCLUSIVE Chinese companies in advanced talks with Qatar for stakes in gas fields and LNG offtakes – sources

A model LNG carrier is seen in front of the flag of Qatar in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register SINGAPORE, June 17 (Reuters) – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion […]

Spy Agencies’ Attention to China Could Trap Chinese Americans

WASHINGTON (AP) — As U.S. intelligence agencies ramp up their efforts against China, senior officials acknowledge they may also end up collecting more phone calls and emails from Chinese Americans, raising new concerns about espionage affecting civil liberties. A new report from the Office of the Director of National Intelligence makes several recommendations, including expanding […]

Chinese interest in Australia ‘mounts’

Sydney conference says more Chinese students are applying to educational agents who represent institutions Down Under as Australia maintains a ‘positive’ brand despite losing market share to rivals of the northern hemisphere. Beijing-based trade commissioner Andrew Carter offered an upbeat assessment of Australia’s biggest education market. “Agents tell us inquiries for Australia are up,” he […]

Northern California solar industry cautious about letting in more Chinese panels in tariff break

A decision by President Biden to suspend tariffs on imported solar panels made in China for two years, even as the Commerce Department investigates the Asian powerhouse for possible trade deal violations, doesn’t sit well with several company executives solar panels and the State of California. They said the removal of protective tariffs comes now […]

Reinterpreting the Chinese classics:”Lend me the strength, fair winds, to finally fly away to the azure sky”

President Xi quoted “Lend me the strength, fair winds, to finally soar to the azure sky” when meeting with short-track speed skaters who had just returned from the Asian Winter Games, in Capital Indoor Stadium on February 24, 2017. Video link: https://www.youtube.com/embed/SdpFp64UZJw) The phrase is derived from A Dream of Red Mansions by Cao Xueqin, […]

Chinese President Xi Jinping’s opponents challenge bid for third term: report

Chinese President Xi Jinping is considering a third term. (CASE) Beijing: As Chinese President Xi Jinping plans to seek a third term, his political opponents are challenging the president’s candidacy at a time when his much-criticized strict “zero-COVID” policy has brought the entire nation to the brink of economic crisis. collapse. Xi has obviously faced […]

China’s military activity around Taiwan threatens the region (US Defense Secy)

U.S. Defense Secretary Lloyd Austin underscored U.S. support for Taiwan on Saturday, suggesting at the inaugural Asian Defense Forum that recent Chinese military activity around the self-governing island threatens to change the status quo. Speaking at the Shangri-La Dialogue in Singapore, Austin noted a steady increase in provocative and destabilizing military […]

Police investigate Chinese criminal syndicate money laundering in Victoria, NSW; Chris Bowen and energy ministers agree new plan

Energy Minister Chris Bowen said giving the Australian Energy Market Operator (AEMO) the ability to purchase and store gas for use during power shortages will be “implemented work quickly.” Bowen met with state energy ministers meeting on Wednesday and agreed on an 11-point plan to address immediate energy challenges and create a national transition plan […]

ROSEN, A LEADING LAW FIRM, Encourages Investors in First High-School Education Group Co., Ltd. who suffered losses in finding a lawyer before an important deadline in a securities class action

NEW YORK, June 8, 2022 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of First High-School Education Group Co., Ltd. securities. (NYSE: FHS) in accordance with and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the March 2021 initial public offering (“IPO” […]

More Chinese investment expected in Pakistan soon: minister

Pakistan’s Federal Planning and Development Minister Ahsan Iqbal said more Chinese investment is expected in Pakistan soon, according to a report by Gwadar Pro. He mentioned that during Prime Minister Shehbaz Sharif’s recent visit to Balochistan and his meeting with Chinese investors, Chinese companies showed interest in investing in Gwadar. The minister reiterated that the […]

Chinese firm wins contract to build manufacturing plant at King Salman International Complex

JEDDAH: The Ministry of Tourism of Saudi Arabia will provide each delegate of the 116th Executive Council of the United Nations World Tourism Organization in Jeddah with personalized non-fungible tokens. Director-General of Digital Transformation at the Ministry of Tourism, Aljohara Al-Saleem, told Arab News that inside the giveaways, each delegate will receive a gift box […]

Commodity index rebound reflects China’s warming economy

As swift and forceful actions have curbed outbreaks, China’s economic engine has begun to rumble again. The latest commodity index revealed improvements in both factory output and market demand, indicating that with timely and targeted policy support, the country’s economic activities, gradually shaking the impacts of COVID-19 , are ready for a steady recovery. China’s […]

After three years of commercial use of 5G, Chinese companies eye next-generation network

A media professional tries out 5G-powered virtual driving during the 2021 5G World Convention in Beijing, capital of China, Aug. 31, 2021. (Xinhua/Xinhua) Only three years ago, Chinese telecommunications authorities granted the first batch of 5G licenses for commercial use. Three years later, with more than 1.6 million base stations installed nationwide and the number […]

Global stocks rise on improving Chinese services data | Economic news

By JOE McDONALD, AP Business Writer BEIJING (AP) — Global stock markets and Wall Street futures rose Monday after the slowdown in China’s service industries eased and reports indicated the Biden administration could lift U.S. tariffs. on certain Chinese imports. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong are progressing. Oil prices rose […]

Starbucks reopens in Shanghai

Shanghai lifted its two-month lockdown on Wednesday. So far, the coffee chain has reopened about 600 of its 940 stores in the city, according to Starbucks spokesman Jaime Riley. Employees “look forward to serving customers, reconnecting with their local communities and helping to gradually return the city to normalcy,” Riley said, adding that “we are […]

World News | New Chinese admissions guidelines target Tibetan education system

Lhasa [Tibet]Jun 1 (ANI): China’s new circular regarding the guidelines for admission of prospective students to universities in Tibet is discriminatory in nature as it targets the Tibetan education system. The circular outlines how students seeking admission must declare their “political attitude and ideological morality” to enter universities, Tibet Press reported. Read also | Clay […]

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