Category Archives: China

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Posted on by

Bim Afolami’s comments distance British government from protectionist moves by US

The UK cannot afford to give the “cold shoulder” to China, the City minister said on Monday, in comments that will distance the British government from the Biden administration’s protectionist crackdown.

Addressing financial services bosses at the City Week conference in London’s Guildhall, Bim Afolami said it was “crucial” to engage with strategic competitors such as Beijing, and that the UK risked losing control of its economic future if it failed to find common ground.

Continue reading...

Taiwan’s new president takes office and calls on China to cease hostile actions

Posted on by

Lai Ching-te uses inauguration speech to push for peace in the region and says future of Taiwan important to future of the world

Lai Ching-te has been sworn in as Taiwan’s new president, urging China to “cease their political and military intimidation against Taiwan” and to keep the world free from the fear of more war.

Lai was inaugurated on Monday morning at the Japanese colonial-era presidential office in central Taipei, taking over from Tsai Ing-wen, whose eight years in power saw a deterioration in relations with Beijing.

Continue reading...

China to cut mortgage rates as part of plan to prop up property market

Posted on by

Local authorities will be allowed to turn unsold homes from developers into affordable housing

China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures by Beijing aimed at propping up the country’s faltering property market.

The People’s Bank of China said it would scrap the minimum rate of interest and reduce down-payment ratios to 15% for first-time buyers and 25% for second homes. It will also create a 300bn yuan (£32.8bn) facility to support local state-owned companies to buy homes at reasonable prices, it said in a series of statements on Friday.

Continue reading...

Chinese social media companies remove posts ‘showing off wealth and worshipping money’

Posted on by

Targeting posts boasting of personal wealth appears to be part of campaign to ‘purify the internet cultural environment’

Chinese social media companies have launched a new crackdown on user content, targeting posts that show off personal wealth and financial extravagance.

In a statement posted online on Wednesday, Weibo said it had spent this month carrying out special management work on “undesirable value-orientated content”, including content “showing off wealth and worshipping money”.

Continue reading...

Putin and Xi announce plans to strengthen military ties in Beijing

Posted on by

Russian leader praises ‘comradely’ talks with Chinese president ahead of concert to mark 75 years of ‘friendship’

Russia and China have announced they will deepen their already close military ties, as Vladimir Putin met Xi Jinping in Beijing on his first foreign trip since being inaugurated for a new term as Russia’s president.

It is the latest in a string of statements and signals that the warm relationship between the two countries is as strong as it has ever been.

Continue reading...

Zelenskiy says situation is ‘difficult’ on visit to Kharkiv; Putin calls China relationship an international ‘stabilising factor’ – as it happened

Posted on by

Ukrainian military says its has forced Russia to reduce tempo of offensive; Russian president thanks Xi Jinping for ‘trying to solve Ukraine crisis’. This live blog is closed

Vladimir Putin has said that Russia-China cooperation is not directed against any other power and is a stabilising factor for the world, during his meeting with Xi Jinping.

It is of crucial significance that relations between Russia and China are not opportunistic and are not directed against anyone. Our cooperation in world affairs today acts as one of the main stabilising factors in the international arena.”

In our new journey we intend to remain good neighbours, trusted friends and reliable partners, consistently strengthening the relationship between our two nations … defending international equality.”

Continue reading...

Putin arrives in China on mission to deepen partnership with Xi

Posted on by

During the Russian leader’s two-day visit, the war in Ukraine, energy and trade will be on the agenda

President Vladimir Putin has arrived in Beijing for talks with his Chinese counterpart and “old friend” Xi Jinping as he seeks to deepen ties after launching some of Russia’s most significant incursions into Ukraine since its invasion in 2022.

It is Putin’s second visit to Beijing in less than a year, and his first foreign visit since being sworn in for a new term that will keep him in power until at least 2030. The visit will also celebrate 75 years since the Soviet Union recognised the People’s Republic of China in 1949.

Continue reading...

YouTube blocks videos set to Hong Kong protest anthem

Posted on by

Court order compelled Google subsidiary to block local access to 32 videos of Glory to Hong Kong judged to be prohibited content

Alphabet’s YouTube on Tuesday said it would comply with a court decision and block access inside Hong Kong to 32 video links deemed prohibited content, in what critics say is a blow to freedoms in the financial hub amid a security clampdown.

The action follows a government application granted by Hong Kong’s court of appeal requesting the ban of a protest anthem called Glory to Hong Kong. The judges warned that dissidents seeking to incite secession could weaponize the song for use against the state.

Continue reading...

Concerns grow for Chinese citizen journalist after supposed jail release

Posted on by

Zhang Zhan, jailed for reporting on Covid in Wuhan, has made no contact with outside world

Concerns are growing about the wellbeing of one of China’s most prominent citizen journalists who has failed to make contact with the outside world after she was supposed to have been released from prison.

Zhang Zhan, 40, a lawyer turned citizen journalist, was detained in May 2020 after she travelled to Wuhan to report on the early days of the Covid-19 pandemic. Her videos and social media posts drew attention to the government’s stifling of information about the spread of the disease and the harsh lockdowns that were being imposed.

Continue reading...

South China Sea: huge civilian Filipino flotilla heads to disputed shoal to ‘assert sovereign rights’

Posted on by

Philippines coast guard and navy watch as wooden boats head to Scarborough shoal to place buoys and hand food packs to local fishers

A flotilla of about 100 mostly small fishing boats led by Filipino activists has set sail for a disputed shoal in the South China Sea, where Beijing’s coast guard and suspected militia ships have used powerful water cannon to ward off what they regard as intruders.

The Philippine coast guard and navy deployed one patrol ship each to keep watch from a distance on the activists and fishers, who set off on wooden boats with bamboo outriggers on Wednesday to assert Manila’s sovereignty over the Scarborough shoal. Dozens of journalists joined the three-day voyage.

Continue reading...

Biden announces 100% tariff on Chinese-made electric vehicles

Posted on by

White House levy to protect US makers from cheap imports likely to inflame trade tensions

The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports.

In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn.

Continue reading...

Chinese woman jailed for reporting on Covid in Wuhan to be freed after four years

Posted on by

Citizen journalist Zhang Zhan’s search for the truth during the early days of the pandemic was seen as a threat by the authorities

A Chinese citizen journalist who has been in prison for four years after reporting on the early days of the Covid-19 epidemic in Wuhan is due to be released on Monday.

Zhang Zhan, a former lawyer, travelled to Wuhan in February 2020 to document the Chinese government’s response to what became the start of a global pandemic. She shared her reports on X (then known as Twitter), YouTube and WeChat. She was one of the few independent Chinese reporters on the ground as Wuhan and the rest of China went into lockdown.

Continue reading...

Shein ‘steps up plan for London IPO’ amid US listing hurdles

Posted on by

Sources say Singapore-based online fashion retailer founded in China prefers a float in New York but faces tougher scrutiny than expected

The fast-fashion company Shein is stepping up preparations for a London listing after its attempt to float in New York faced regulatory hurdles and pushback from US lawmakers, sources have told Reuters.

The online clothing retailer plans to update China’s securities regulator on the change of the initial public offering (IPO) venue and file with the London Stock Exchange (LSE) as soon as this month, said one source.

Continue reading...

Biden White House to expand tariffs on Chinese trade

Posted on by

President likely to add sectors such as electric vehicles, batteries and solar cells to range of levies set up under Donald Trump

Joe Biden is expected as early as next week to announce fresh tariffs on Chinese trade, with levies focused on strategic sectors including electric vehicles, in a review of measures first put into place under Donald Trump.

An announcement planned for Tuesday will keep the blanket tax rises introduced by the president’s predecessor but supplement them with targeted levies on industries connected to EVs, including batteries and solar cells, according to reports.

Continue reading...

Hungary rolls out red carpet for Xi in final leg of European tour

Posted on by

Warm welcome for Chinese president contrasts with rest of EU, with up to 18 cooperation agreements expected

Hungary has rolled out the red carpet for Xi Jinping in a show of warmth that contrasts with wariness in the rest of the EU about China’s stance on trade, global politics and human rights.

On the third and final stop of his first European tour in five years, Xi was given a ceremonial welcome by Hungary’s president, Tamás Sulyok, at Buda Castle, in Budapest, before talks with Viktor Orbán. The Hungarian prime minister, the EU’s longest-serving leader, has sought to deepen ties with Beijing and blocked EU motions criticising China’s human rights abuses.

Continue reading...

Chinese PR boss says sorry after glorifying work-till-you-drop culture

Posted on by

In a crisis of her own making, Qu Jing also threatened Baidu staff who dared to question her management style

The head of public relations at China’s biggest search engine, Baidu, has apologised after creating her own PR crisis with a series of videos glorifying the country’s work-till-you-drop culture.

Qu Jing, who is also vice-president at the company, said she would not take responsibility for her staff’s wellbeing “as I’m not your mother” in the videos posted over the May bank holiday on Douyin, the most popular short-video app in China. In another she said: “If you work in public relations, don’t expect weekends off.”

Continue reading...

Court bans Glory to Hong Kong protest song prompting further fears for free speech

Posted on by

The territory’s justice minister has called for the anthem to be removed from the internet in the wake of the ruling

Hong Kong has demanded a protest song that was made popular during pro-democracy demonstrations in the territory be removed from the internet, in the wake of a court ruling which banned it.

In its judgment on Wednesday, the court of appeal described the song Glory to Hong Kong as a “weapon” to incite violent protests in 2019.

Continue reading...

Nicaragua cancels Chinese plan for controversial canal 10 years on

Posted on by

Critics said proposal to build canal linking Atlantic and Pacific would endanger environment and rural communities

Nearly a decade after it broke ground on a controversial plan to build a canal linking the Atlantic and the Pacific, Nicaragua has canceled a concession granted to a Chinese businessman to complete the project which critics said would endanger the environment and displace rural communities.

Despite a symbolic “ground-breaking” in 2014, no work was done on the canal that was to link Nicaragua’s Atlantic and Pacific coasts. At one point, crews broke ground on access roads near the canal but digging the waterway never started.

Continue reading...

‘Countries are now forced to confront it’: Rise in Chinese espionage arrests alarms Europe

Posted on by

Increase in cases reflects changing mood across continent towards Chinese threats, say experts

As China’s president, Xi Jinping, arrived in Serbia for the second leg of his European tour, authorities across the continent were grappling with a wave of allegations about Chinese spying.

On Tuesday, the UK prime minister, Rishi Sunak, revealed that a “malign actor” had compromised British military payroll records, with reports pointing the finger at China.

Continue reading...