China's trade deficit with its fourth largest trade partner, South Korea, expanded sevenfold during the first seven months of the year, as imports from the country accelerated, data from China's General Administration of Customs showed on Wednesday. Trade with South Korea increased by 8 percent during the period to reach 1.32 trillion yuan ($184.07 billion), […]
Experts forecast that multiple cities in China will experience extended period of extreme heat in August, with authorities proactively taking measures such as turning off display lights to address challenges posed by peak electricity consumption. With blistering heat set to once again descend over China, Jia Xiaolong, deputy director from China's National Climate Center (NCC), […]
US Deputy Secretary of State Kurt Campbell stated on Tuesday that the US is "far behind" China in Africa and other "Global South" regions and "has much more work to do" during a hearing about assessing the US' ability to compete with China, the South China Morning Post reported. It is evident why Washington is […]
Philippine fishermen and environmental groups gathered in Quezon City for a forum to express their concerns about the risks of the Philippines becoming embroiled in a "proxy war" as a result of US military bases in the country. The gathering coincided with reports of joint maritime exercises between the Philippines and US navies in the […]
Since China announced its commitment to gradually raising the retirement age in a flexible and voluntarily manner, which is currently one of the lowest levels globally, many have hailed the policy as it allows people to work for more years in line with longer life expectancy. However, others remain skeptical. One line of popular speculation […]
When meeting with Philippine Foreign Secretary Enrique Manalo in Vientiane, Laos on Friday, Chinese Foreign Minister Wang Yi warned the Philippine side over the deployment of a US intermediate missile system, and called on the Philippines to fulfill its commitments and refrain from changing its position as China has recently reached a temporary arrangement with […]
The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) will be held in Beijing from Sept. 4 to 6, Chinese foreign ministry spokesperson Hua Chunying announced on Tuesday. The theme of the summit is "Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future," Hua said, adding that leaders […]
China's major securities brokerage CSC Financial Co, an affiliate of China CITIC Group, on Saturday refuted any assistance of financial frauds in a recent intern incident, stating that the company is ready to accept supervision to ensure compliance. Regarding the companies that are potentially applying for getting listed revealed in the incident, CSC Financial said […]
There has been a notable surge in Chinese tourists booking flights and hotels in France and other European destinations, according to reports from multiple domestic travel platforms on Thursday. The Paris 2024 Olympic Games, set to open on July 26, have significantly increased interest in the city among Chinese tourists. In the first week of […]
Aircraft manufacturer Boeing updated its market outlook, raising the demand for civil aircraft in the next 20 years from 42,595 in 2023 to nearly 44,000, an increase of approximately 3.24 percent, and China will lead all markets, being the largest single country market. Air travel demand continues to outpace economic growth in an increasingly connected […]