Hong Kong CNN — The Hong Kong government on Monday demanded an investigation after a song associated with the city’s pro-democracy movement was played instead of the Chinese national anthem before a rugby sevens match between Hong Kong and South Korea. Event organizers played an instrumental version of “Glory to …
Read More »Germany Blocks 2 Foreign Investment Deals, Taking a Firmer Line on China
The government of Chancellor Olaf Scholz blocked the sale of a semiconductor company to a Chinese-owned firm on Wednesday, as Germany seeks to toughen protection of its domestic technology and ease its dependence on China. Robert Habeck, Germany’s economy minister, said that the government had also blocked a separate investment …
Read More »How China Can Retire Coal Early in Pakistan and Elsewhere Through the BRI
Achieving the temperature goals of the Paris Agreement requires not only slowing new construction, but also retiring existing coal power plants early, worldwide. Credit: Wikimedia Commons Opinion by Philippe Benoit (paris) Wednesday, October 26, 2022 Inter Press Service PARIS, Oct 26 (IPS) – With COP 27 approaching, pressure is mounting on …
Read More »Hong Kong stocks plunge 6% as fears about Xi’s third term trump China GDP data | CNN Business
Hong Kong CNN Business — Hong Kong stocks had their worst day since the 2008 global financial crisis, just a day after Chinese leader Xi Jinping secured his iron grip on power at a major political gathering. Foreign investors spooked by the outcome of the Communist Party’s leadership reshuffle dumped …
Read More »Visual explainer: How Xi has changed China
When Chinese leader Xi Jinping came to power in 2012, he unveiled a sweeping vision for the “great rejuvenation” of the country — a “dream” that would make China powerful and prosperous. Ten years later, Xi has transformed China. He has consolidated the country as a force on the world …
Read More »China delays the release of GDP and other economic data without explanation amid Party Congress | CNN Business
Hong Kong CNN Business — China has abruptly delayed the publication of key economic data, one day before its scheduled release, as the ruling Communist Party gathers at a major political meeting against the backdrop of a faltering economy. The country’s National Bureau of Statistics updated its schedule on Monday, …
Read More »A sense of crisis has defined Xi’s rule. It will shape China well into the future | CNN
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN — When Xi Jinping came to power in 2012, he inherited …
Read More »China fines Kenya Ksh1.3B for defaulting on Standard Gauge Railway loans
Kenya has been fined Ksh1. 312 billion by the Chinese government for defaulting on payment of loans used to build the Standard Gauge Railway (SGR) in the financial year ending June 2021. Documents released by Kenya’s National treasury revealed that the fine relates to the cost of default on interest at 1% …
Read More »?No room for compromise? on Taiwan?s sovereignty – Taiwan’s President Tsai promises to defend the island completely against China
Taiwan’s President Tsai Ing-wen has said that there is “no room for compromise” over the self-ruled island’s sovereignty even though she is willing to work with China to find “mutually acceptable ways” to maintain peace across the Taiwan Strait. Taiwan, home to 23 million people, lies fewer than 110 …
Read More »Buhari Stopped Nigeria From Getting Partly Sold To China – Yahaya Bello
The Governor of Kogi State, Yahaya Bello, has said that Nigeria would have being partly sold to China if President Muhammadu Buhari had not intervened. Governor Bello stated this during an interview on Arise TV. The governor said the country would have been sold to China or any other nation because …
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