Three US citizens who were imprisoned in China for years have been released as part of a prisoner exchange between Washington and Beijing. “We are pleased to announce the release of Mark Swidan, Kai Li and John Leung from detention in the People’s Republic of China,” a US National Security Council spokesman told CNN on […]
Once again there are allegations of corruption against a Chinese minister – and once again it concerns the Ministry of Defense: According to a report, Dong Jun has been the subject of a corruption investigation. The proceedings are part of a larger investigation into corruption within the Chinese military, reported the Financial Times. A spokeswoman […]
Chinese car manufacturers have long regarded Mexico as a gateway to North and South America. Over the past few years, China and Mexico have forged closer economic ties. However, the trade conflict between the United States under Trump and Beijing casts its shadow and leaves Chinese manufacturers’ expansion plans in the Central American country hanging […]
Sweden wants the freighter “Yi Peng 3” to return to Swedish territorial waters for the investigation into the case of the damaged undersea cables. “From the Swedish side, we have had contact with the ship and China and stated that we want the ship to move towards Swedish waters,” said Sweden’s Prime Minister Ulf Kristersson […]
The EU Commission has officially challenged China’s provisional anti-dumping measures against brandy imports at the World Trade Organization (WTO). “China’s provisional measures on EU brandy are not in line with WTO rules,” said a statement from the Brussels authority on Monday, adding it “has not proven that there is any threat of injury to its […]
China wants to monitor the development of the country’s emerging low-altitude sector more closely. The low-altitude economy department will be placed under the National Development and Reform Commission, China’s top planning authority. The department will become a liaison office for coordination with other government agencies, including the Chinese Air Force, reports the business magazine Caixin.In […]
While President-elect Donald Trump’s tariff threats are likely to dominate headlines in the near term, China’s industrial overcapacity remains a larger, core challenge for the global economy and trading system in the coming years. With recently implemented tariffs by advanced and emerging economies, and Chinese responses and macro stimulus, how this issue may evolve over […]
China has announced plans to expand its anti-subsidy investigation into milk imports from the European Union. The investigation will now include:On Friday, the Chinese Ministry of Commerce stated that the addition had been made following a preliminary review and had considered the demands of EU members and consultations with EU representatives. New questionnaires were also […]
The decision taken at the climate conference in Baku has set an important course: a new international climate finance target, the gradual expansion of the donor base for climate aid and a final regulation for voluntary carbon markets. However, COP29 also yielded other important implications and results that will shape global climate policy in the […]