3 h. ago Rubio says won’t force deal on Ukraine as Europeans join Miami talks

US Secretary of State Marco Rubio on Friday promised not to force Ukraine into any agreement to end Russia’s invasion as European allies joined fresh talks in Miami. The weekend talks come as Russian President Vladimir Putin in an annual news conference vowed to press ahead with his military offensive in Ukraine, hailing battlefield gains nearly four years into his war. US President Donald Trump’s envoys have pressed a plan in which the United States would offer security guarantees to Ukraine,...

Politics

3 h. ago China shoppers swap boutiques for bargains, fuelling US$30 billion luxury resale boom

At a shopping centre in Shenzhen’s coastal business district, a store’s entrance feels more like a security checkpoint than a retail gateway. Customers check their bags, don white silk gloves, and pass through a gate. Beyond the checkpoint, which also seems incongruent with the outer facade resembling a typical multi-brand fashion shop, lies a 2,000-square-metre (21,527-sq-ft) showroom. Inside, luxury handbags are not displayed under artful lighting. Instead, they are tightly arranged in...

Economics

5 h. ago Economist says trade tensions with China in 2025 could have lasting impacts on U.S. ag exports

Economist says trade tensions with China in 2025 could have lasting impacts on U.S. ag exports  Brownfield Ag News

Events

12 h. ago FO° Talks: Is China’s Economy Really Collapsing or Is the West Misreading the Numbers?

FO° Talks: Is China’s Economy Really Collapsing or Is the West Misreading the Numbers?  Fair Observer

Politics

13 h. ago Secure Arctic shipping route essential for China, senior official says

The Arctic shipping route is essential to safeguard China’s development over the next decade, a senior Chinese official said in Beijing, calling for greater efforts to expand its practical use. With proposals for the next five-year plan incorporating security and development, China must ensure its international transport channels remain unimpeded, Ma Jiantang, deputy director of the Chinese People’s Political Consultative Conference’s economic committee, said. China’s traditional trade lanes...

Politics

14 h. ago China discovers Asia’s largest undersea gold deposit off Jiaodong Peninsula

China has discovered its first undersea gold deposit – the largest in Asia – marking a breakthrough as Beijing steps up nationwide exploration for the precious metal. The discovery, off the coast of Laizhou, in Yantai, Shandong province, lifted Laizhou’s total proven gold reserves to more than 3,900 tonnes (137.57 million ounces) – about 26 per cent of the national total – ranking it top in both gold reserves and output in China, Yantai’s city government disclosed this week at a conference on...

Politics

14 h. ago Putin warns West as Russia eyes more Ukrainian territory, as peace talks stall

Russia’s Vladimir Putin on Friday said the ball was in the court of the West and Kyiv in talks to end the war in Ukraine, while hailing Moscow’s recent battlefield gains and threatening more. Putin spoke during his annual end-of-year press conference – a staple of his 25-year rule – in which he told Russians Moscow was intent on pressing on in Ukraine, striking a confident tone. The 73-year-old has repeatedly said in recent weeks that Moscow will seize the rest of Ukrainian land he has...

Events

15 h. ago China–Cartel Nexus: The Liquidity Architecture Transforming the Global Drug Economy

China–Cartel Nexus: The Liquidity Architecture Transforming the Global Drug Economy  New Lines Institute

Events

15 h. ago Ukraine diplomat in Beijing for talks; Russian attacks injure scores in southern Ukraine

Ukraine diplomat in Beijing for talks; Russian attacks injure scores in southern Ukraine  Space War News

Events

17 h. ago China set to keep rates steady for seventh month despite slowing economy By Reuters

China set to keep rates steady for seventh month despite slowing economy By Reuters  Investing.com

Politics

17 h. ago China set to keep rates steady for seventh month despite slowing economy

China set to keep rates steady for seventh month despite slowing economy  Reuters

Politics

20 h. ago Watch China’s Economic Shift: Why the Old Playbook No Longer Works

Watch China’s Economic Shift: Why the Old Playbook No Longer Works  Bloomberg.com

Economics

20 h. ago China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears

China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns over US debt sustainability and the Federal Reserve’s independence further eroded confidence in dollar-backed assets. The country’s stockpile fell to US$688.7 billion in October, down from US$700.5 billion in September, according to US Treasury Department data released on Thursday. October’s figure was the lowest level reported since November 2008, and marked a plunge of more than 47 per cent...

Politics

23 h. ago China, Ukraine Diplomats Discuss Russia Invasion in Beijing Talks

China, Ukraine Diplomats Discuss Russia Invasion in Beijing Talks  The China-Global South Project

Politics

35 h. ago China confirms issuing of first general licences for rare earth exports

Beijing confirmed on Thursday that it has begun granting general licences with lengthier terms for exports of rare earth elements to foreign companies, though business groups said more guidance was needed on the policy’s implementation. “With the accumulation of relevant export compliance experience, some exporters have initially met the basic requirements to apply for general licences,” said He Yadong, a spokesman for the Ministry of Commerce (Mofcom), at a press conference. “To my knowledge,...

Politics

36 h. ago China slams EU subsidy probes as ‘egregious’ and discriminatory

China’s Ministry of Commerce has expressed strong opposition to recent European Union investigations into Chinese companies and vowed to use necessary means to defend their rights. “The European Union has recently launched a series of Foreign Subsidies Regulation (FSR) investigations targeting Chinese enterprises such actions are egregious, with clear targeting and discriminatory intent,” ministry spokesman He Yadong said during a press conference on Thursday. Last week, Brussels launched an...

Events

36 h. ago Breakneck: Dan Wang Explores the Strange Symmetry of US and China

Breakneck: Dan Wang Explores the Strange Symmetry of US and China  The Daily Economy

Politics

37 h. ago China jails smugglers of weapon metal antimony, taking tough stance on critical minerals

A Chinese court has convicted 27 individuals of smuggling more than 166 tonnes of antimony, a critical mineral used in weapons, semiconductors and flame retardants, in a significant enforcement action under Beijing’s tighter export controls for dual-use items. The Shenzhen Intermediate People’s Court in Guangdong province ruled that the group had illegally shipped the critical mineral without obtaining export licences, according to a statement released on Tuesday. Lead defendant Wang Wubin was...

Events

39 h. ago China’s Hainan launches separate customs regime allowing tariff

China’s southern Hainan province implemented a separate customs regime on Thursday, as Beijing seeks to develop the island into an offshore financing and duty-free hub and position it as a strategic hedge against rising external trade barriers. The new customs regime creates two distinct customs boundaries for Hainan: one separating the island from overseas markets, and another dividing it from the rest of mainland China. Most overseas goods entering the island – which is roughly the size of...

Politics

40 h. ago Senior Ukraine diplomat in Beijing for talks with Chinese officials

Senior Ukraine diplomat in Beijing for talks with Chinese officials  Naharnet

Politics