While US officials have stayed put grumbling, endlessly, about their national security concerns over Huawei, the Chinese tech giant has chosen to charge ahead amid a storm of unfounded allegations and accusations.
The new submarine deal in which the US and the UK pledge to help Australia build a fleet of eight nuclear-powered submarines, has sparked an intense backlash in France and across the EU.
Australian taxpayers have every reason to demand an answer from the Morrison administration as to why ordinary Australians always end up paying for America's cold war gambit. The US, UK and Australia announced Wednesday the trio would form a new trilateral security system for “ensuring peace and stability in the Indo-Pacific.” As part of the security pact, known as AUKUS, the US and the UK have pledged to provide Australia with the technology and capability to deploy nuclear-powered submarines, according to media reports.
Despite the increasingly tough voices over the so-called financial decoupling between China and the US, the resumption of the China-US Financial Roundtable (CUFR) may be a sign that the idea is not popular to all.
Anti-China forces within the European Parliament are expected to create fresh damage to China-EU relations by once again provoking China over the Taiwan question.
Signs that the Biden administration doesn't appear to have given up on the idea of starting a new trade war against China have triggered renewed market concerns over the escalation of trade frictions between the two nations.
While some Western media outlets tried to draw a link between the Chinese regulatory fine against Canadian clothing maker Canada Goose (CG) and China-Canada tensions, observers should turn their attention to what the Canadian government has done to a Chinese company as a genuine example of political discrimination and suppression.
While the withdrawal from Afghanistan war has triggered reflection on US military interventions across the world over the two decades since 9/11, 2001, the troubles are far from over and another far worse crisis is looming in the country as the US war economy has already thrown the US debt level onto an unsustainable track.
Billionaire investor George Soros, who is despised by many around the world for triggering and profiting from crises, started a fresh campaign against China's economy over the country's recent regulatory actions. But like his repeatedly failures and massive losses in betting against the world's second-largest economy before, Soros' latest attempt is not only doomed to fail but will also erase any credibility he still has when it comes to China.
The European Centre for Constitutional and Human Rights (ECCHR), a German-based organization, recently filed a criminal complaint in the country against several textile brands and retailers, accusing them of being complicit in crimes against humanity on the basis that their supply chain may contain cotton from Northwest China's Xinjiang Uygur Autonomous Region. Several companies, including Hugo Boss and Lidl, were named by the ECCHR in a statement.
As the global climate change conference in Glasgow, the UK, draws closer, diplomatic efforts to prepare for the crucial meeting is ramping up.
India's concern over the US' debacle in Afghanistan is drawing renewed attention with growing pessimism toward the South Asian nation's loss of economic investment and geopolitical influence in Central Asia.
Japanese Prime Minister Yoshihide Suga, under pressure from the LDP powerbrokers, announced on Friday that he won't seek reelection as the ruling party leader, effectively ending his one-year stint as prime minister. Very likely, Japan will enter a period of increased political instability and volatility after the end of the lengthy reign of Shinzo Abe. Suga has been serving out the one year remaining on Abe's term, who left on health reasons.
The 6th Eastern Economic Forum (EEF) is currently being held in Vladivostok, Russia, from Thursday to Saturday.
The Biden administration's clampdown on Chinese companies trying to invest abroad in chip-related assets appears to be moving in a dangerous direction, one that requires vigilance from the global high-tech players.
Despite the cold water poured by the Western media, the Taliban's pledge to ban drugs in Afghanistan may actually rest on its cooperation with other regional countries, in cracking down on drug trafficking activities and seeking to invest on alternative industries to provide jobs for ordinary Afghans.
Afghanistan's reconstruction will largely hinge on whether the Taliban are able to stabilize the situation and restore order, while making full use of the country's mineral resources to ensure its growth and prosperity.
It seems like an enduring topic as to when Singapore will supplant China's Hong Kong Special Administrative Region (SAR) as Asia's financial hub, a topic which could always be reanimated whenever there is any update of seemingly supportive data.
A group of Wall Street veterans and high-level Chinese government officials are planning to hold a virtual meeting of the China-US Financial Roundtable (CUFR) for the first time in a year, Reuters reported on Wednesday. The CUFR, formed during the escalating China-US trade tensions in 2018, is reportedly set to convene again in autumn.
As the US seeks to impose sanctions against Afghanistan and stop much-needed global assistance to the country, the already-emerging global de-dollarization push could further accelerate with countries increasingly adopting alternatives to the US dollar.
The drastic change in Afghanistan has provided a renewed opportunity for cooperation between China and the EU as both sides have economic interests in the region. Such cooperation is not only urgently needed in Afghanistan but is also conducive to promoting stability and development in the country.
Even as the US continues its chaotic evacuation from Afghanistan and the situation remains fluid in the country, the most pressing issue for all parties is the rebuilding of the country.
Lithuania must pay the price for openly provoking the one-China principle and undermining China's sovereignty.
Benchmark iron ore futures on Thursday recorded significant drops as concerns grow over sluggish demand for the raw materials.
While the US' bungled and embarrassing withdrawal from Afghanistan is still shocking the world, the American media has already started to worry about possible cooperation between the Afghan Taliban and China, especially when it comes to Afghanistan's rare-earth resources.
Construction on the first river-crossing railway bridge between China and Russia was completed on Tuesday. With overland transport infrastructure increasingly enhanced and accessible, new artery will effectively link up numerous inland countries and cities and release unrivalled economic and trade potential.
Accusation by a US-based contractor that Chinese tech giant Huawei had set up a "backdoor" to spy on Pakistanis has drawn growing attention with the political implications behind the scene.
India celebrated its 75th Independence Day on Sunday, one day after its neighbor Pakistan. The two independent states, India and Pakistan, came into existence in August, 1947 as a result of the ending of the British India.
US Treasury Secretary Janet Yellen is weighing a trip to China in the coming months, though the plan is still in the early stages of discussion at the US Treasury Department, Bloomberg reported on Thursday, citing anonymous sources familiar with the matter. But Lily Adams, a spokesperson for the agency, said later that “there are no plans for Secretary Yellen to travel to China in the fall.”
Those assertions are just pure exaggeration, if not outright lies.
Shanghai Customs authorities said on Monday that they recently intercepted cocaine, heroin and methylaniline in three drug smuggling cases involving express mail on the same flight on the same day at the Shanghai Pudong International Airport.
While some Western media outlets have long hyped up India's economic potential, which was said to help the so-called "democratic world" to cut their economic reliance on China, it is not hard to see that India's chance of replacing China's role in the global industrial chain remains small.
A group of 14 lawmakers in the House of Representative asked the US Commerce Department to add Honor to the government's economic blacklist, Reuters reported on Saturday. Huawei, which is still struggling after being cut off from US suppliers, sold its smartphone unit Honor to a consortium in November 2020, the separation allowed Honor to resume commercial relations with all suppliers, including those in the US.
The Chinese Embassy in Australia on Thursday reminded Chinese citizens in Australia to ensure they took personal protective measures against COVID-19, according to a post published on the embassy's WeChat account.
US Vice President Kamala Harris may probably play the trade card during her trip to Vietnam and Singapore later this month, but it won't shake the supply-chain advantage built based on the close cooperation between China and Southeast Asian countries.
While some Western media outlets have overplayed China's regulatory moves as the deepening financial decoupling between China and the US, the real situation is not as serious as they claim given the growing appeal of Chinese financial assets to US capital.
Russia is engaged in the upgrade of its Trans-Siberian railway and other Far East rail network infrastructure, a strategic move that Voice of America(VOA) said in a Monday report Russia has taken to strengthen ties with China against the background of the latter's souring relations with the US and Australia.
US Secretary of State Antony Blinken is set to attend several virtual meetings with officials from the Association of Southeast Asian Nations (ASEAN) from Monday to Friday, Reuters reported on Saturday, citing a senior state department official.
Chinese State Councilor and Foreign Minister Wang Yi on Wednesday met with the visiting delegation led by head of the Afghan Taliban political committee Mullah Abdul Ghani Baradar in North China's Tianjin Municipality, according to China's Foreign Ministry.
Members of a US congressional commission at a Tuesday hearing blasted US-based corporate sponsors of the 2022 Winter Olympics in Beijing, urging them to pull their sponsorship of the event.
Despite supply-chain challenges, Tesla reported a record second quarter profit on Monday, which, to a certain extent, underscores the growing contribution of China's manufacturing strength to its bottom line.
As the infrastructure bill that would provide funding for roads, bridges, broadband internet and other projects reportedly enters a critical phase, ongoing bipartisan clashes over the vote timeline was in the spotlight.
US Secretary of State Antony Blinken is set to visit India in the coming days, offering a window of observation as to whether US-India relations could help lift the Indian economy out of its current distress.
If the second wave of the virus has devastated India more deeply than anticipated, the long-term economic impact may be even more devastating.
A total of 17 airport workers at the Nanjing Lukou International Airport in East China's Jiangsu Province tested positive for COVID-19 as of Wednesday noon. The source of the outbreak is still being traced, with the possibility of being initiated by imported infection cases, a local official said at a press conference on Wednesday.
Australia's largest communications provider Telstra Corp said on Monday it is considering buying mobile networks in six Pacific nations, which are currently owned by Jamaica-based telecom company Digicel Group, according to media reports.
Even during his tour which aims to strengthen Canberra's trading relationships with several Asia-Pacific countries, Australian Trade Minister Dan Tehan didn't forget to express in the media his patience toward mitigating trade disputes with China.
US Treasury Secretary Janet Yellen may be the highest-ranked official in the Biden administration to criticize US tariffs that remain in place on Chinese imports. “Tariffs are taxes on consumers. In some cases it seems to me what we did hurt American consumers,” she told The New York Times in an interview published on Friday.
In a letter to US Trade Representative Katherine Tai, some of the US' biggest business groups urged on Wednesday the trade chief to avoid resorting to punitive tariffs in its trade dispute with Vietnam, Bloomberg reported.
With India's daily tally of new infections on Tuesday hitting the lowest level since mid-March, many have turned their attention to the prospects for India's economic recovery, which appears to be full of challenges and opportunities.
Despite the continuous decline in volume, China's iron ore imports in June still recorded a rebound in value from the previous month, an indication that it has become an urgent need for the country to diversify sourcing of the commodity.
While global food prices finally fell after experiencing 12 consecutive months of increases, vigilance is still needed to stave off uncertainties facing the international food supply.
While Western countries are actively pressing ahead with the largest overhaul of the international tax system in a century, whether developing countries will benefit from the redistribution of the global corporate taxation will be an inescapable question for the plan.
South Korea on Wednesday reported 1,212 new COVID-19 cases, marking the highest daily record since the winter outbreak.
Chinese-owned semiconductor company Nexperia reportedly announced on Monday that it had taken full control of the UK's largest producer of silicon chips, Newport Wafer Fab (NWF).
China's cyberspace regulator on Monday announced that it was investigating job recruiting platform Boss Zhipin, and two truck-hailing apps under Full Truck Alliance, which are not allowed to register new users during the course of a cybersecurity review.
After years of fraught negotiations, a total of 130 countries last week agreed to back plans for a global minimum corporate tax rate of at least 15 percent, which the Paris-based Organisation for Economic Cooperation and Development (OECD) said could yield around $150 billion in additional global tax revenue annually, Reuters reported.
While some in Washington may think “competing with China” rhetoric sells well in the political circle, inserting such China factor in its much-needed infrastructure plan would only underscore the uncertainties and the lack of resolve in pushing forward with the big plan.
Bearish coal trade between China and Australia has been in the spotlight for being considered by some observers as a microcosm of escalating trade tensions between the two countries.
At a closed-door WTO meeting on Monday, Canada sought to establish a WTO panel to investigate the so-called restrictions by China on imports of Canadian canola seeds, the South China Morning Post reported on Tuesday.
The Baihetan Hydropower Station in Southwest China launched operation of its first two generating units on Monday. The project broke a series of world records, including the largest underground caverns, the largest anti-seismic parameters of a 300-meter high dam, and the largest spillway caverns.
After the second wave of COVID-19 epidemic disrupted the already battered economic growth progress in India, various agencies recently released updated growth forecasts for the Indian economy.
China has filed a complaint with the WTO over the anti-dumping and anti-subsidy measures Australia imposed against imports of railway wheels, wind towers and stainless-steel sinks from China, read a statement the Ministry of Commerce released on its official website on Thursday.
The chill within the China-Australia relationship has been doing an increasingly apparent damage to the foundation of bilateral economic and trade cooperation.
The UK reportedly started on Tuesday the formal negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an 11-nation trading bloc in the Asia-Pacific region.
Against the backdrop of a global chip shortage that is stifling the automotive and electronics industries, governments around the world are actively joining the new innovation race for developing cutting-edge semiconductor technologies. Among these, the UK appears to be the latest participant.
Australia has been complaining about setbacks in trade with China on different occasions in recent months. These complaints are unlikely to stop if Canberra continues its wrong approach by focusing on political stunts.
This week, New Zealand Trade and Export Growth Minister Damien O'Connor commenced a trade trip to Europe, which he said aimed at securing a free trade deal with the UK and the EU.
"Make a sound in the east, then strike in the west." This ancient Chinese tactic seems like a perfect description of the US strategy in dealing with its trade frictions with the EU.
While Washington's desire to strengthen its supply chains may seem reasonable, it appears to have gone too far, with its vigilance against Chinese manufacturers spread to suppliers in East Asia.
While COVID-19 restrictions in India appear to be easing amid a lower rate of new cases in recent days, its hope of re-establishing travel connections with foreign countries may hinge on its ongoing effort in bringing the pandemic under control.
The president of the European Council, Charles Michel, defended the EU's efforts to negotiate a Comprehensive Agreement on Investment (CAI) with China by calling the investment deal "a huge step in the right direction," according to an AFP report on Tuesday.
The Biden administration is considering an investigation into neodymium magnets from China, with the aim of boosting the resilience of US supply chains for vital goods, the Financial Times reported on Tuesday.
Indian Prime Minister Narendra Modi announced on Monday a plan to provide free COVID-19 vaccines to all adults above the age of 18 as the federal government takes over the inoculation program from the state governments starting from June 21, according to media reports.
The spectacular growth in China's trade with India outperformed the former's trade performance with other major trading partners from January to May, an indication of the resilience within the China-India economic and trade relationship even amid political headwinds.
Under the easy money policy by world's central banks, the rapid surge in global food prices may have more to do with financial market turbulence. It is misleading for the public when some Western media outlets link this challenge to Chinese demand.
A recent Pentagon report cleared two drones made by China's largest drone maker DJI for US government use, The Hill reported on Wednesday, citing a summary of the report they obtained.
In a letter to the National Basketball Players Association on Tuesday, the US Congressional-Executive Commission on China (CECC) called on American basketball players to end endorsement deals with Chinese sportswear companies including Anta and Li-Ning that use cotton sourced from Northwest China's Xinjiang Uygur Autonomous Region.
India's ambition to rise as a great power is being questioned as never before. After recording its worst economic performance in more than four decades, India's badly wounded economy still faces great uncertainty created by a huge second wave of COVID-19 infections that has apparently derailed its recovery.
While it is uncertain whether the Biden administration's helicopter money policies will spur a new round of economic growth, it is already clear that spending spree will first mire the US economy in a bottomless pit of inflation.
With the prime ministers of Australia and New Zealand set to meet on Sunday for the first time in 15 months, some Australian media outlets appeared to be using the timing to drive a wedge between New Zealand and China, but that may only underscore their increasing envy of their neighbor's apparent advantage in trade with China.
Some Western politicians have long trumpeted their support for free trade, but in reality, its becoming common to see them issue prejudicial warnings against normal trade practices that go against their political interests.
New Zealand announced on Tuesday to suspend its quarantine-free travel bubble with Australia's Victoria state due to a new cluster of COVID-19 cases reported there.
New Zealand's independent China stance appears to be under increasing pressure these days, as reflected by the Pacific island nation's sudden warning of a possible cooling of ties with Beijing.
With the increasingly fierce competition in the global semiconductor industry, there are undoubtedly some obstacles facing China in developing its own self-reliant chip-making production capacity. At the same time, skepticism and pessimism are on the rise regarding China's domestic semiconductor industry, but such external factors won't sway the country's determination in gaining core technologies crucial for its long-term development.
At a time when China-EU cooperation faces delicate moment amid headwinds for a bilateral investment deal, some may consider Lithuania's latest announcement of withdrawal from the "17+1" cooperation platform as another indication of EU's tough stance toward China, which, in fact, may be more like a testimony of the complicated voices within the 27-nation bloc.
While a potential Belt and Road project may face risk of suspension in the Pacific island nation of Samoa, a minor setback like this will not affect the long-term trend toward mutually beneficial cooperation in other countries which are participating in the Belt and Road Initiative.
You can never wake a person who pretends to be asleep, a proverb highly recommended for some Australian politicians and business leaders, who recently surfaced to blame the Morrison administration for going too far in attacking or confronting China.
While the US and the EU seem to have taken an important step toward a truce on their trade war, reaching common ground on passing the buck to China is not the right way to resolve trade disputes, and is a worrying indication of lack of sincerity from both sides.
While the combination of a massive fiscal stimulus and coronavirus vaccination campaign appears to put the US economy on track of a powerful recovery, several economic indicators issued recently have thrown the market into confusion, which may serve as an early warning that America's re-opening may enter an unchartered territory.
A vital hydropower project in Nigeria has been entangled in a legal dispute between a local company and the government, putting financing of the project from China on hold, according to a Bloomberg report.
The Biden administration appears to be considering changing the US' much-maligned tariff policy that has pushed the country into trade conflicts with all of its major trading partners and inflicted grave damage on US consumers and businesses.
Even after single-handedly driving China-Australia ties to a near-frozen state, the Morrison government appears to be dead set on further escalating regional confrontation by substantially increasing investment in defense and national security - apparently to maintain its role of an attack dog for the US' so-called Indo-Pacific strategy aiming to contain China.
With the US relentlessly imposing supply chain restrictions on Chinese companies citing unsubstantiated "national security concerns," it is bitterly ironic to see a US business organization complain about fear of unfair treatment in the Chinese market.
Mass vaccination and aggressive government spending appeared to have brought the US economy almost back to pre-pandemic levels, but the recent alarming jobs data suggested that there may be still dangerous reefs and currents ahead amid a highly unusual economic recovery push.
The thickening embarrassment between China and the EU after the imposition of tit-for-tat sanctions over Xinjiang issue, appears to have thrown their mutual investment treaty into doubt as many feared.
US Trade Representative Katherine Tai said on Wednesday that she expects to meet her Chinese counterpart "in the near term" for conversations that will influence the trajectory of bilateral trade ties.
The May Day holiday has once again demonstrated China's rapid economic recovery, with an explosive spending spree lifting many sectors across the country to pre-epidemic levels. Such strong momentum has not only injected new vitality into the Chinese economy but also strengthened the country's confidence and ability to deal with rising challenges at home and abroad.
Since Joe Biden took over the White House on January 20, the US has been pushing for what it calls an allied approach against China on trade and other issues. So far, that approach appears to be gaining some traction, as the US and some of its allies, including the EU and Japan, are reportedly mulling harsher trading rules targeting China.
In the latest statement made public on Wednesday, Tesla said it has actively reached out to the Tesla car owner who protested at the Shanghai Auto Show, and proposed further communication to address the consumer's grievances.