China

Why Is China's Growth Rate Falling So Fast?

In early 2021, the consensus forecast for Chinese gross domestic product (GDP) growth this year among 25 major global banks and other professional forecasters was 8.3 percent. In contrast, the Chinese government’s own growth target was around six percent, lower than the best guesses of 24 out of the 25 institutional forecasters. Did the government know something that outsiders had missed?

18 November 2021
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After Biden-Xi Summit, What’s Next For US-China?

The virtual meeting between United States (US) President Joe Biden and China’s leader Xi Jinping helped ease the growing tension between the two countries but did not make headway in resolving lingering US-China trade war disputes.The US-China trade war, which began in 2018 under former US President Donald Trump, has resulted in both nations paying higher taxes to bring in goods from the opposing country.Escalating import tariffs have caused supply chain disruptions that are affecting busines

18 November 2021
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Philippines Orders Chinese Ships To Back Off

The Philippines on Thursday accused Chinese Coast Guard vessels of firing water cannon at boats delivering supplies to Filipino marines in the disputed South China Sea, and ordered Beijing to "back off".Foreign Secretary Teodoro Locsin said he had expressed "outrage, condemnation and protest" to Beijing over the incident, which he said happened Tuesday as the Philippine boats were travelling to Second Thomas Shoal in the contested Spratly Islands."Fortunately, no one

18 November 2021
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China’s Zero-COVID Strategy Causing Frustration

Nearly two years into a pandemic that has seen China pursue some of the world's most stringent coronavirus measures, some grumbling has started to emerge over the strategy, particularly as other nations learn to live with the virus.The zero-COVID approach is unrelenting – with border closures, targeted lockdowns and mass testing triggered sometimes by just one case.The cost and pain of the strategy have been felt especially acutely by the 210,000 residents of Ruili, a Chinese city on the

17 November 2021
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What Biden And Xi Want From Virtual Summit

United States (US) President Joe Biden and Chinese President Xi Jinping will hold a virtual summit on Monday as tensions between the countries deepen.The competing superpowers surprised many last week by issuing a joint declaration to address climate change, at talks in Glasgow, Scotland.But growing concerns of a military confrontation over Taiwan have thrown their differences into sharp relief.The pair's third meeting will address several thorny topics.Cybersecurity, trade and nuclear n

15 November 2021
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Global Powers Urged To Do More For Climate

United Nations (UN) climate change summit host Boris Johnson, on Sunday hailed a last-ditch agreement to tackle global warming but said he was disappointed it did not go further on tackling use of high-polluting coal.Nearly 200 countries on Saturday pledged to speed up the fight against rising temperatures, after two weeks of non-stop negotiations.British Prime Minister Johnson called the 11th-hour deal "truly historic" and said it signalled "the beginning of the end for coal p

15 November 2021
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Cautious Welcome For US-China Climate Agreement

Activists and politicians have cautiously welcomed an unexpected United States-China declaration that vowed to boost climate co-operation.The European Union (EU) and United Nations (UN) described the move as encouraging and an important step, but Greenpeace said both countries needed to show more commitment.The US and China are the world's two biggest carbon dioxide (CO2) emitters.They said they would work together to achieve the 1.5 Celsius (C) temperature goal set out in the 2015 Paris

11 November 2021
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China's Xi Warns Of 'Cold War' Tensions In APAC

Chinese President Xi Jinping warned on Thursday against a return to Cold War-era tensions in the Asia-Pacific, urging greater cooperation on pandemic recovery and climate change.Amid growing tensions with the United States (US) over Taiwan, partially offset by a surprise deal between Beijing and Washington on climate, Xi said all countries in the region must work together on joint challenges."Attempts to draw ideological lines or form small circles on geo-political grounds are bound to f

11 November 2021
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Twilight Of The Kims?

Nearly three years after his failed bromance with Donald Trump, North Korean dictator Kim Jong-un is once again angling for United States (US) attention. North Korea has tested a new, high-tech missile and hinted that it may agree to restart talks with South Korea, where President Moon Jae-in desperately wants to resuscitate his moribund outreach to the North.

10 November 2021
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Chinese City Offers Cash in COVID 'People's War'

A COVID-hit Chinese city is offering thousands of dollars for anyone giving clues in tracing the source of its latest outbreak, as part of a "people's war" to stamp out one of the country's largest resurgences in months.China reported 43 local cases on Tuesday in a Delta-driven surge that has fanned out to 20 provinces and regions, keeping new case numbers in the double-digits over the past three weeks.As more countries lift COVID measures, Beijing officials have stuck stu

10 November 2021
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The Case For Chinese Foreign Aid

Since 2000, China has spent US$843 billion on bilateral aid. That is around US$39.5 billion per year, similar to the amount provided by the United States (US), the world’s largest donor of foreign aid.

9 November 2021
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