A major plan that will form part of China’s global technology push has been dubbed as hype and will face a number of challenges, a technology industry body. China Standards 2035 is an ambitious 15-year blueprint that Beijing is expected to release this year. It will lay out China’s plans to set the global standards for the […] Read more
Singaporean Prime Minister Lee Hsien Loong. Photo: dpa The US security presence “remains vital to the Asia-Pacific region,” and China would be unable to take over that role in Southeast Asia even with its increasing military might, Singapore Prime Minister Lee Hsien Loong said. In an article published by Foreign Affairs on Thursday, Lee wrote […] Read more
News that Beijing has ordered state firms to halt purchases of farm products could well be an opportunistic political maneuver stemming from fundamental weakness on the demand side in China, said analysts. On Monday, Reuters reported that China has asked main state firms to suspend large-scale purchases of major U.S. farm products like soybeans and […] Read more
China’s parliament, the National People’s Congress, on Thursday approved the proposal to impose a new national security law for Hong Kong, and paves the way for the legislation to be finalized and implemented in the city. The NPC voted 2,878 to 1 in favor of the bill, which will pave the way for its Standing […] Read more
Before coronavirus brought the world to its knees, 2020 was slated to be a crucial year for the European Union and China. At a showpiece summit in September, the two are set to take a significant step forward in their economic and strategic relationship. At least that was the plan. China’s response to covid-19 has […] Read more
Beijing’s move to dismiss two top officials in Hubei province – epicentre of the coronavirus outbreak – and parachute in a central government fixer is another move to appease public anger over how the authorities responded to the virus crisis. It is also a measure to try and keep the economy on track. State broadcaster […] Read more
The Chinese tech giant has expressed its support for Meng. Photo: AP The Canadian extradition proceedings of Huawei Technologies former chief financial officer Meng Wanzhou hinge on allegations she made a fraudulent presentation to HSBC in 2013 over the technology giant’s business ties in Iran, but recently revealed documents show the bank had been aware […] Read more
China has overtaken the U.S. to become the world’s largest diplomatic network, according to the latest annual report from a Sydney-based think tank. The Lowy Institute’s 2019 Global Diplomacy Index, published Wednesday, showed China had climbed to the top spot for the first time, underlining Beijing’s growing international ambitions. The index is an analysis of […] Read more
China signalled on Friday that it has no plans to give up its government-led economic model or weaken the role of its state-owned enterprises (SOEs), a change the United States has stipulated as one of its key demands in the ongoing trade war negotiations. The comments came in an article by Vice-Premier Liu He – […] Read more
Former White House chief economic advisor Gary Cohn said Monday that he believes President Donald Trump will go forward with the Dec. 15 tariffs if the U.S. and China haven’t agreed to a trade deal. “I think he thinks that that’s a forcing function and if he keeps blinking, he loses credibility in the Chinese […] Read more
