Riyadh/Beijing: Saudi Arabia and China have signed a currency swap agreement worth 50 billion yuan. According to sources, this agreement was signed between the two central banks, ‘Central Bank of Saudi Arabia’ and ‘The People’s Bank of China’. Earlier this year, Saudi Arabia had hinted at using currencies other than the US dollar for fuel […]
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Washington/Beijing – The intelligence chiefs of the Five Eyes member countries have alleged that the Chinese Communist government and its affiliates are stealing intellectual property rights in all areas ranging from quantum technology to biotechnology. Christopher Wray, the head of the US’s FBI agency, has claimed that more than two thousand cases of China trying […]
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Brussels/Beijing – The European Union (EU) has started preparations to ban the export of sensitive technology to China. The sources also said the European Commission (EC) will release a list of sensitive technology and other issues soon. It is being said that the European Parliament (EP) will also approve a proposal to include action to […]
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Beijing – ‘Due to its ambiguous policy, China’s relations with the European Union (EU) have reached a critical stage. From here on, these relationships will either develop or end. If China continues its ambiguous trade policy, it will cause losses to both sides,’ EU trade chief Valdis Dombrovskis warned. He also recalled that the EU […]
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Beijing: China has stopped the export of two rare minerals important in making semiconductors. In August, information surfaced that China has completely stopped the export of ‘gallium’ and ‘germanium’. Due to this decision of China, there is a fear that semiconductor manufacturing in the West will be affected. Besides, this decision of China will be […]
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Beijing – There has been intensive discussion on the disappearance of China’s Defence Minister Li Shangfu. In March, Li Shangfu had taken over the reins of the post of Defence Minister of China. He had also adopted a very aggressive policy against the United States. Also, Shangfu is known to be close to Chinese President […]
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Beijing/ Bishkek: In a report released last week, this concern was raised that 25 per cent of the world’s population, or two billion people, face a water scarcity crisis every year. Against the background of this report, news has come to the fore that China has started importing water directly from the neighbouring country to […]
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Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]
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Beijing: China’s top real estate company ‘Country Garden’ has not paid interest dues on US dollar bonds. This information emerged as the company announced a seven billion-dollar loss in the first six months of 2023. The company has a total debt burden of $200 billion. Besides, it has surfaced that the company does not have […]
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Manila/Beijing – The Armed Forces of the Philippines has accused the Chinese Coast Guard of attacking a military ship travelling on the Philippine maritime border with a water cannon. During this incident in the South China Sea on Saturday, the Philippines also accused the Chinese ship of dangerously blocking the way of the Philippine vessel. […]
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