The weaponisation of space is becoming increasingly likely, following last week’s record-breaking test flight by the US Air Force’s X-37B space plane, military observers said. The world’s only reusable space vehicle, the Boeing X-37B, returned to Nasa’s Kennedy Space Centre in Cape Canaveral, Florida on Sunday after 780 days in orbit. According to the US […] Read more
Wealth has continued to leave China despite strict government controls, according to estimates from analysts, as trade talks that could help stabilise the yuan exchange rate against the US dollar and ease capital outflow pressures continue between Beijing and Washington. Officially, the State Administration of Foreign Exchange (Safe), China’s foreign exchange regulator, has maintained that […] Read more
In the midst of rising Western criticism and a trade war with the United States, China significantly accelerated the number of reforms it carried out this year or has planned for next, according to a World Bank report published on Thursday. This “eagerness to reform” has seen China jump from 45th to 31st in the […] Read more
Chancellor Angela Merkel has promised to put EU-China relations to the fore when Germany takes on the European Union’s rotating presidency next year. This includes plans for a summit meeting – which multiple diplomatic sources expect to be held in Leipzig next September – where for the first time President Xi Jinping would meet all […] Read more
Foreign Direct Investments (FDI) are a defining component and a driving force in the current global economy. They can enhance the domestic economy by attracting capital, new technologies, and business know-how in the country. Today, although the question “what are foreign direct investments?” still lingers in local communities, many governments are out to seek ways […] Read more
China talked up progress on trade with the US on Tuesday, highlighting bulk purchases of American farm products it had already made this year and saying that it was “on the same page” as Washington in negotiations. Asked if the two countries agreed on the degree of progress from two days of high-level talks in […] Read more
US President Donald Trump said “good things are happening” at the start of a second day of high-level trade negotiations with China, and signaled that he is inclined to sign a deal. “Good things are happening at China Trade Talk Meeting,” Trump said in a Twitter post. “Warmer feelings than in recent past, more like […] Read more
The anti-mask law has thrown the Hong Kong leader’s official programme of talks with the public into doubt, according to political sources, who also revealed that frontline protesters were among those who had attended her closed-door sessions. Chief Executive Carrie Lam Cheng Yuet-ngor has, however, not given up on meeting groups of Hongkongers as a […] Read more
As manufacturing data from China, the United States and Europe weakened to record levels in September, economists argued that a downward trend could be expected to continue until at least the first quarter of 2020. Manufacturing activities across China, the US and Germany have been contracting continuously in the last few months amid uncertainty caused […] Read more
Robots could be the future of food delivery in Asia. Companies in Japan and China have begun trials for indoor food delivery robots. China’s biggest food delivery company, Meituan Dianping, is testing its unmanned robots in about 10 offices and hotels in large Chinese cities such as Beijing and Shenzhen, said the company’s head of […] Read more
