Page 96 - China

Amid human rights concerns, Volkswagen to exit China's Xinjiang plant

Amid allegations of Uyghur rights abuses, Volkswagen and SAIC will sell their Xinjiang plant and testing tracks in Turpan and Shanghai's Anting to SMVIC

Taiwan warns of China's growing censorship after textbook seizures

Chinese General Administration of Customs posted on Sina Weibo that its Fuzhou branch had confiscated three books imported from Taiwan, claiming they contained 'problematic maps'

Former Bank of China chairman sentenced to death on corruption charges

The former chairman of the Bank of China, Liu Liange, was on Tuesday sentenced to death with a two-year reprieve for corruption and illegal issuance of loans. He was found to have accepted bribes worth over 121 million yuan (USD 16.8 million), a court in Jinan city in China's eastern Shandong Province said in its verdict. Liu was deprived of political rights for life, all of his personal property will be confiscated, and all his illegal gains must be recovered and turned over to the state treasury, the court sentence read, state-run Xinhua news agency reported. The court found that Liu had taken advantage of his various positions at the Export-Import Bank of China and Bank of China, respectively, to assist others in matters such as loan financing, project cooperation and personnel arrangements -- while illegally accepting bribes in return. Moreover, he was found to have knowingly facilitated the issuance of loans totalling more than 3.32 billion yuan to unqualified companies in ...

Saudi Arabia signs $9 bn metals deals with firms including Vedanta, Zijin

The kingdom's growing mining industry is part of the Vision 2030 plan to diversify the economy and cut reliance on fossil fuels.

No one will win a trade war, China says after Trump tariff threat

Trump said he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States

Donald Trump roils markets with tariff threat on China, Mexico, and Canada

Trump said he would impose additional 10 per cent tariffs on goods from China and 25 per cent tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday

China injects $124 bn into banking system via one-year policy loans

The People's Bank of China (PBOC) lent the medium-term facility (MLF) loans to financial institutions at 2%, the central bank said

Apple CEO Tim Cook returns to China as Beijing prepares to fete CEOs

Chinese Premier Li Qiang is expected to meet with top corporate executives today ahead of the event

EU, China discussing alternatives to European tariffs on Chinese EVs

To address the subsidies, the European Union last month raised tariffs on Chinese-built EVs to as much as 45.3% in its highest-profile trade investigation

Will not sign any loan agreement with China under BRI during visit: Oli

Nepal's prime minister will begin an official visit to China on December 2 at the invitation of the Chinese government.

Taiwan defence detects 12 Chinese aircraft, 7 naval vessels near island

Notably, four of the detected aircraft crossed the median line of the Taiwan Strait, entering Taiwan's ADIZ in both the northern and southwestern regions. The MND assured that the situation is being

Apple should learn a lesson from China's success in electric vehicles

Right now, China has an EV industry that the world envies and fears in equal measure

Shanghai Automotive workers protest layoffs, clash with police on severance

This dispute is part of a growing wave of visible labour conflicts amid China's struggling post-lockdown economy. A quarterly report from Freedom House, based in Washington DC, revealed a 27 per cent

Taiwan reports rise in Chinese military activity near its borders

On Friday, Taiwanese President, Lai Ching-te attended the completion ceremony for the #ROCN Shuei-Sing Barracks. This base will serve as the new home for the Taiwanese Navy Underwater Operations Unit

India remains fertile ground for China smartphone majors, shows data

Big chunk of sales comes from the country despite legal troubles

India to offer $4-$5 bn incentives to boost electronics, cut China reliance

India's electronic production has more than doubled in the last six years to $115 billion in 2024

China expanding visa-free entry to more countries in bid to boost economy

Starting Nov 30, travellers from Bulgaria, Romania, Malta, Croatia, Montenegro, North Macedonia, Estonia, Latvia and Japan will be able to enter China for up to 30 days without a visa

Willing to talk with US to push forward bilateral trade, says China

China is also willing to 'expand areas of cooperation and manage differences' with the US, vice commerce minister Wang Shouwen said

Brazil's Lula welcomes China's Xi for state visit as ties strengthen

Brazilian President Luiz Inacio Lula da Silva on Wednesday welcomed China's President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025. China overtook the US as Brazil's biggest export market in 2009. Since then, the links between the two nations have strengthened in trade and investment and on Wednesday the two leaders signed 37 agreements in areas ranging from trade and tourism to agriculture, industry, science and technology, health, energy, culture and education. That reflects a broader trend, experts said. Last week, Xi inaugurated a USD 1.3 billion megaport in Peru, perhaps the clearest sign of Latin America's reorientation. Latin America has always been forgotten by the United States and the European Union. Who fills that void? China, said Flavia Loss, an international relations professor at Foundation School of ...

China's Prez Xi visits Brasilia to cap tour flexing diplomatic clout

Xi and Brazilian President Luiz Inacio Lula da Silva are expected to sign agreements boosting trade