Washington's newly introduced policies to restrict the export of chips and manufacturing equipment to China will require its allies, such as the Netherlands, to implement stricter export controls. According to several media reports, the Dutch government plans to further limit exports from ASML to China by not renewing...More

While continuing to back Manila's provocative actions in the South China Sea, some allies of the US have been intensifying moves to smear China, Chinese observers said on Monday, when commenting on recent noises on the South China Sea issue from external parties. The latest irresponsible remarks came...More

Monday marked the third anniversary since the establishment of the Beijing Stock Exchange (BSE) was announced by Chinese President Xi Jinping, the first bourse based in the capital city, at the China International Fair for Trade in Services in September 2021. Based on various institutional innovations and market...More

Chinese President Xi Jinping on Monday started holding bilateral events with foreign leaders who will attend the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), set to run from Wednesday to Friday in Beijing. On Monday alone, President Xi had bilateral meetings with leaders from African countries...More

The joint construction of the Belt and Road Initiative (BRI) by China and Africa has provided a high-level cooperation platform for Africa's development. From Uganda and Egypt to Senegal and Nigeria, infrastructure, industrial parks and economic zones built by Chinese companies have mushroomed and become a strong engine...More

It has been one year since Japan began dumping nuclear-contaminated wastewater into the ocean despite broad opposition. So far, some 60,000 tons of water from Fukushima Daiichi nuclear power plant have been discharged as part of Japan's 30-year program to dump around one million tons of nuclear-contaminated wastewater...More

Recently, a research team from a Chinese university successfully sent samples of soybean bacteria to the nation's Tiangong Space Station via the Tianzhou-6 cargo spacecraft. The project is the first Hong Kong agricultural research project to be launched into space, opening a new chapter for the integration of...More

"Why China Is Starting a New Trade War" - The Wall Street Journal (WSJ) recently published a subpar article with this sensational headline. It starts from stating that China hopes to restore economic vitality through increased investment in manufacturing, suggesting that this will squeeze businesses around the world...More

The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market more scope to adjust against the risk of dollar fluctuations, at a time when investors continue to firm up...More

China will further promote regional economic integration and accelerate negotiations on version 3.0 of the China-ASEAN free trade agreement (FTA), Chinese Ministry of Commerce spokesperson He Yadong was quoted by the Securities Daily as saying on Saturday. This sends a positive signal that Asian supply chain restructuring is...More

Shanghai-based Advanced Micro-Fabrication Equipment Inc. China (AMEC) announced that it has recently filed a federal lawsuit against the US Defense Department over its designation as a "Chinese Military Company." Another Chinese tech firm, Hesai Technology, reportedly succeeded in "forcing" the Pentagon to remove it from the blacklist through...More

Investing in China is investing in the future, Chinese Vice Commerce Minister Ling Ji said on Monday, noting that China will continuously improve its business environment, promote high-quality opening-up and expand cooperation for win-win outcomes so that the world can share the Chinese market and China's development dividends....More

A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...More

With a newly discovered method to produce water on the moon, it is estimated that 50 kilograms of water can be extracted from one ton of lunar soil. Chinese scientists said it is expected to provide new ideas to the construction of lunar research stations and space stations...More

The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, thereby constraining the overall growth potential of the...More