China

China’s Foreign Minister Hails Prospects of Strategic Cooperation With Russia as Limitless
MOSCOW - China and Russia are determined to continue the exemplar neighborly relationship in the new year, with Beijing seeing no limits as to how far the bilateral strategic cooperation can reach, Chinese Foreign Minister Wang Yi told Chinese media. "The year 2021 is a year of special importance for China-Russia relations, as both countries will enter a new development stage. In developi [...]
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EU, China Strike ‘In Principle’ Trade Agreement Amid Backlash From Incoming Biden Gov’t, Reports Say
Seven years of negotiations have concluded just days after Brussels and London agreed on a post-Brexit trade deal and ahead of tensions with the incoming Biden administration, according to reports. China and the European Union announced a long-awaited investment deal confirmed by Chinese president Xi Jinping and European Commission president Ursula von der Leyen, media reported on Wednesd [...]
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China’s latest sanctions are a bid to permanently end America’s interference in Hong Kong
By ending visa-free access to Hong Kong for US officials, China is trying to curb their links with protesters. It’s another example of how Beijing is keen to barricade the city from what it sees as corrosive foreign influence. Earlier this week, the United States slapped a series of sanctions on 14 members of China’s National People’s Congress Standing Committee. [...]
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China’s new digital currency spells the end for the US dollar’s global dominance and will change the world as we know it
The digital yuan cryptocurrency developed by China has the potential to be a gamechanger when it is rolled out fully. By ending the world’s reliance on the dollar, it will alter the geopolitical landscape forever. For several years now, China has been developing the digital yuan, the first cryptocurrency from a central bank and government in the world. And it’s nearing completion. [...]
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Photos: China’s Chang’e-5 Moon Probe Sends Back Samples, Stunning Images From Surface
The Chang’e-5 spacecraft has accomplished a number of firsts for Beijing, including the first extraterrestrial takeoff and first independent placement of a Chinese flag on an extraterrestrial body. When its samples return to Earth, they’ll be the first brought back from the moon in 44 years. China’s Chang’e-5 lunar probe has finished its primary mission of collecting moon samples [...]
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Huawei Founder Ren Zhengfei Wishes Honor Mobile Brand Farewell Amid ‘Amicable Divorce’, US Trade War
The sale comes amid tighter restrictions from the United States in May, which blocked the Chinese tech giant's access to software and semiconductors made with US technologies. Ren Zhengfei, founder of Huawei Technologies, said he hoped Honor would become a strong competitor in the smartphone market and even surpass his company in the future, the South China Morning Post reported on Friday [...]
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Greenback at Risk? Dollar Loses Crown as World’s Payments Currency for First Time Since 2013
The ongoing US trade war with China has raised concerns about the United States deploying the ‘nuclear option’ of freezing China’s banking sector out of the global US dollar payments system, prompting the use of alternative currencies such as the euro and the yuan to settle financial transactions. The European Union’s single currency was the most used currency for global payments [...]
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China, Japan and South Korea Are ‘the Big Winners’ As Major Trade Deal is Signed, Economist Explains
China is slowly reorienting its economy "away from North America" and "towards the rest of Asia" as evidenced by the newly finalised Regional Comprehensive Economic Partnership that it has signed with 15 fellow Asian countries, covering 2.3 billion people, an economic analyst tells Sputnik. The world's largest trading block, led by China, finalised a new trade agreement on 15 November 202 [...]
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Asia-Pacific trade deal is a big win for China and a blow for US. America First has in fact put America Last on the world stage
The repercussions of the new RCEP free-trade agreement between China and 14 other countries are huge. It creates a massive trading bloc in Asia that America, though its insular policies, will play no part in. This weekend, 15 Asia-Pacific nations came together to sign the Regional Comprehensive Economic Partnership (RCEP), a mammoth free-trade agreement that has been described as one of the  [...]
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US plan for containing China relies on taming international organizations and reeducating Americans, leaked doc reveals
The US State Department has outlined a ‘Kennan-style’ China containment policy, which it hopes will help undercut its economic strength and maintain a Washington-led world order, a leaked paper has revealed. The 70-page document called “The Elements of the China Challenge” was prepared by the State Department's Office of Policy Planning and published by Axios on Tuesday. The plan goes [...]
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US left out as Asia Pacific nations strike world’s biggest trade deal
Ten members the Association of Southeast Asian Nations (ASEAN) and five other Asia-Pacific countries, including regional leader China, have inked the world’s largest free-trade pact that covers nearly a third of global economy. The long-discussed agreement, officially known as the Regional Comprehensive Economic Partnership (RCEP), was signed on the sidelines of the annual ASEAN summit on S [...]
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China about to pull off ‘diplomatic coup’ by striking world’s largest free trade agreement
Fifteen Asia-Pacific nations including China and Japan plan to sign the world’s biggest free trade deal this weekend. The FTA will cut tariffs, strengthen supply chains with common rules of origin, and codify new e-commerce rules. The Regional Comprehensive Economic Partnership (RCEP) is expected to be announced at the Association of Southeast Asian Nations (ASEAN) Summit, which Vietnam is [...]
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China, Other Developing Nations Weigh in on Syrian-Israeli Spat, Tell Tel Aviv to Get Out of Golan
Israel occupied and annexed about 1,200 square km of Syria’s strategic Golan Heights in the aftermath of the Six Day War of June 1967. The United Nations condemned the move as “null and void and without international legal effect”. Damascus has vowed to get its territory back one day "by any means necessary". China and the Group of 77 bloc of developing nations has called on Israel [...]
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Chinese Media Slams ‘Big Anti-China Loser’ Pompeo, Says His Days as Secretary of State ‘Nearly Over’
This week, the top US diplomat announced fresh sanctions against four Chinese officials accused of “undermining Hong Kong’s autonomy,” and said that the Trump administration was “not finished yet” in increasing pressure on the Chinese “Marxist-Leninist monster.” The Global Times, a newspaper which is an offshoot of the Chinese Communist Party-affiliated People’s Daily, has [...]
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Brazil’s Telecom Giants Refuse to Discuss 5G Rollout With White House Official, Report Says
Washington’s crackdown on Huawei has been in place since May 2019, when the US Department of Commerce blacklisted the Chinese tech giant, accusing the company of cooperating with China's intelligence services, allegations that both Beijing and the firm vehemently reject. Several top Brazilian telecom companies have rejected an American Embassy invitation to meet a US official who earlie [...]
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Chinese President Warns Troops to Be on ‘High Alert’ and ‘Prepare for War’ Amid Tensions With US
The tensions between Washington and Beijing have been escalating amid the US continuing its military operations in the disputed South China Sea, developing ties with Taiwan and accusing China of allegedly being responsible for the global coronavirus pandemic. Chinese President Xi Jinping has urged People's Liberation Army servicemen to "maintain a state of high alert" and "put all (their) [...]
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How Iran-China Strategic Partnership May Hammer Final Nail in Coffin of US’ Maximum Pressure Policy
A draft of an economic and security deal between the People's Republic of China and the Islamic Republic of Iran previously leaked by The New York Times is continuing to reverberate in the international media. Iranian political analyst Mahan Abedin has explained the fuss over the accords and shed light on Iran's strategic shift towards the East. The 18-page Persian-language document envis [...]
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Deutsche Bank Predicts New World ‘Disorder’, Cold War Between US and China
The new report comes on the heels of predictions by market analysts and hedge funds that the US dollar could lose over a third of its value against the euro and slide against other currencies in the coming months owing to poor US economic performance and ballooning debt in the wake of the coronavirus crisis. The world is “on the cusp” of a new era marked by instability, disorder and t [...]
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China’s Ultimatum to Europe
Ultimatums are usually considered to be imperious and impolite. But in the case of China’s latest demand on the European Union, one can view Beijing’s approach as apt and just right. Foreign Minister Wang Yi left his French counterpart Jean-Yves Le Drian in no doubt in a phone call this week about the current international tensions and what needs to be done. [...]
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