Russia vetoes UN bid against Ukraine annexations, China abstains
UNITED NATIONS, United States – Russia on Friday vetoed a Western bid at the UN Security Council to condemn its annexations of Ukrainian territory, with China and India…
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China
China Zheng Qinwen reaches Tokyo q-finals after defeating top seed Badosa
TOKYO – Spanish top seed Paula Badosa fell at the first hurdle at the Pan Pacific Open in Tokyo on Wednesday, losing 6-3, 6-2 to fast-rising Chinese teenager Zheng Qinwen. World…
Iran ready to slash oil prices to counter Russia’s growing sales to China
SINGAPORE – Iran is ready to cut prices of its sanctioned crude stored on ships anchored in international waters just off Singapore, in a bid to defend its market share in China,…
Russian security chief begins two-day visit to China
BEIJING – Russian Security Council secretary Nikolai Patrushev will hold security consultations and meetings during a two-day visit to China starting Sunday, China’s foreign…
Pope arrives in Kazakhstan, says ‘always ready’ for China visit
Pope Francis said Tuesday he was willing to go to China at any time but had “no news” to offer over speculation he might meet Chinese President Xi Jinping while both are in…
US boosting bioeconomy to compete with China
WASHINGTON – US President Joe Biden is expected to sign an executive order on Monday to catalyse the country’s bioeconomy – another area where it is seen to be slipping behind…
China consumer stock rout signals darkening economic outlook
BEIJING – Covid restrictions are stifling spending in China’s vast consumer market and turning some popular retailers and automakers into stock laggards. The outpouring of…
China sets renminbi fix at strongest bias on record as losses mount
HONG KONG – China sent its most powerful signal yet on its discomfort with the renminbi’s weakness by setting its reference rate for the currency with the strongest bias on…
China to publish detailed economic policy steps in September
BEIJING – China said it will publish detailed steps for newly announced economic policy measures in early September, suggesting an urgency for policymakers to revive the sluggish…
Asia factory activity slumps on China Covid-19 curbs
TOKYO – Asia’s factory activity slumped in August as China’s zero-Covid-19 curbs and cost pressures continued to hurt businesses, surveys showed on Thursday, darkening the outlook…