Chinese consumer spending is in better shape than indicated by retail sales data, analysts say, in what could be a positive sign amid a disconcerting slowdown in the world’s second-largest economy. Retail sales growth may have faltered in 2018, but experts say that’s only one piece of the puzzle in an increasingly complex consumer landscape. […] Read more
Huawei chief financial officer Sabrina Meng Wanzhou is set for a long battle as she fights extradition from Canada to the United States, a process that could be complicated by intervention from US President Donald Trump, analysts say. Meng made a brief appearance before the British Columbia Supreme Court in Vancouver for a bail hearing […] Read more
China has vowed to defend the interests of Chinese companies and expressed its concern after the United States’ announcement of criminal charges against telecoms giant Huawei, denouncing the move as politically motivated and immoral. Chinese foreign ministry spokesman Geng Shuang said that the US should halt what he called unreasonable suppression of Chinese companies and […] Read more
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee and Chinese president, along with his wife Peng Liyuan on Sunday met Ri Su Yong, a senior official from the Democratic People’s Republic of Korea (DPRK), and watched a performance by DPRK artists. Ri, a member of the Political Bureau of the […] Read more
Japan’s Prime Minister Shinzo Abe vowed Monday to “break the shell of mutual distrust” with the Democratic People’s Republic of Korea (DPRK), by meeting leader Kim Jong Un face-to-face and restoring diplomatic relations between the two countries. In a major policy speech to mark the opening of parliament, Abe also vowed to push Sino-Japan ties […] Read more
In this March 25, 2015 file photo, US and ROK soldiers take their position during a demonstration of the combined arms live-fire exercise as a part of the annual joint military exercise Foal Eagle between the ROK and the US at the Rodriquez Multi-Purpose Range Complex in Pocheon, north of Seoul, ROK Just as President […] Read more
By:Xinhua Senior Chinese diplomats in Europe have recently slammed the “groundless” accusation against Chinese telecommunication giant Huawei, stressing that Huawei does not pose any threat to any country. A signed piece by Liu Xiaoming, Chinese ambassador to Britain, was published Saturday on The Telegraph with the title “Don’t listen to the scaremongers – Huawei is […] Read more
Chinese State Councilor and Foreign Minister Wang Yi (L) and French Foreign Minister Jean-Yves Le Drian inaugurate a commemoration for the 55th anniversary of the establishment of diplomatic relations between the two countries in Paris, France, Jan. 24, 2019. Wang Yi is in Paris for the 18th consultation of the coordinators for the China-France Strategic […] Read more
President of Zambia Edgar Lungu speaks during a signing ceremony in August 2017 in Lusaka, capital of Zambia, on a framework agreement for the construction of communication towers (phase two) in the southern African country. The agreement involves 808 towers, 1,009 2G, 3G and 4G wireless stations, the setting up of a matched transmission network […] Read more
By: Xinhua An employee counts bank notes at a branch of Agricultural Bank of China in Huaibei, Anhui province China’s bond market posted rapid growth last year, with more overseas investors engaged, central bank data showed Friday. Spot transactions on the country’s bond market rose 44.6 percent in 2018 to 156.7 trillion yuan ($23.2 trillion), according […] Read more
