12 h. ago China Scrambles Jets Against Canadian and Australian Warships: What To Know

China Scrambles Jets Against Canadian and Australian Warships: What To Know  Newsweek

Events

18 h. ago Russia’s economic plunge leaves China scrambling to redirect exports abroad

Russia’s economic plunge leaves China scrambling to redirect exports abroad  Cryptopolitan

Economics

57 h. ago Russia vows to work with China in the Arctic, Beijing pledges AI cooperation

Russia has pledged to deepen Arctic cooperation with China, while Beijing said it was ready to work with Moscow on artificial intelligence (AI), in a continued deepening of ties days after the leaders of the two countries met in the Chinese capital. At the Eastern Economic Forum in its eastern economic hub of Vladivostok, Russia also pledged to deepen its energy and financial infrastructure ties with China and offer a mutual visa-free travel agreement. According to Russian news agency Tass,...

Politics

4 d. ago Trump tells Europe to put economic pressure on China over Ukraine

US President Donald Trump urged European countries on Thursday to put economic pressure on China because of its support for Russia’s invasion of Ukraine, the White House said. Speaking by video conference with European leaders gathered in Paris, Trump also said “Europe must stop purchasing Russian oil that is funding the war”, a senior White House official said on condition of anonymity. Ukraine’s President Volodymyr Zelensky, who also took part in the meeting, said earlier that Trump was “very...

Politics

6 d. ago As China exports to Russia dip on less car demand, new deals show ‘room to grow’

Despite a slowdown in automotive shipments from China to Russia, there is room for them to advance trade settled in yuan and roubles as both countries continue to be pressured away from the US market, analysts said on Tuesday during Russian President Vladimir Putin’s visit to the world’s second-largest economy. Russians want consumer goods, personal electronics and common machinery that are difficult to import from the West because of trade sanctions over Russia’s invasion of Ukraine that began...

Politics

6 d. ago Xi urges Russia and Mongolia to block ‘external interference’, forge closer ties

Chinese President Xi Jinping urged Russia and Mongolia to deepen their energy and financial bonds with his country while fending off “external interference” during their first trilateral summit in three years. Beijing, Moscow and Ulaanbaatar must further strengthen “solidarity” amid increasingly turbulent international dynamics, Xi told his Russian counterpart Vladimir Putin and Mongolian President Khurelsukh Ukhnaa on Tuesday, according to the official Xinhua news agency. “China is ready to...

Politics

2 w. ago China scrambles to fix price wars – by updating a law from 1998. Here’s why

It has been a tumultuous couple of months for Alex Xu’s company – a solar panel manufacturer based in eastern China’s Zhejiang province – as product prices have surged by about 20 per cent. Long plagued by severe oversupply, China’s photovoltaic industry is grappling with cutthroat price wars and even loss-making sales. From Xu’s perspective, nearly half of the industry’s capacity is excessive. But a rebound in prices has followed recent calls from Chinese authorities to combat “involution”, or...

Events

2 w. ago China turns up oil tap from Russia as purchases of US crude remain suspended

China’s crude oil imports remained robust in July, fuelled by higher Russian shipments, while China’s purchases from the US remained suspended for a second straight month. The latest customs data shows that the volume of inbound crude oil reached 47.2 million tonnes in July, up 11.5 per cent from a year earlier. China purchased 8.71 million tonnes of crude oil from Russia, making it the top source of China’s crude imports last month, according to the official data. This marked a year-on-year...

Politics