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China
Chinese premier meets with Palestinian president in effort to increase Middle East presence
Chinese Premier Li Qiang met with visiting Palestinian President Mahmoud Abbas on Thursday in a drive by Beijing to elevate relations and increase its overall presence in the Middle East.
Li, who took office just this spring with little…
Bank of China to start operations in Riyadh this year
In yet another sign of increasing cooperation between the world’s second-largest economy and the Arab world, the Bank of China is set to open its first branch in Riyadh later in 2023, reported Asharq.
It quoted Jun Tian, head of the team…
China likely ‘to benefit from $10 trillion Mideast sovereign funds boost’
China is likely to benefit from the Middle East’s sovereign funds, as their investment capital is forecast to reach $10 trillion by 2030, according to the CEO of the Hong Kong Stock Exchanges and Clearing Ltd.
Speaking on the second day…
Energy transition in the spotlight at Arab-China Business Forum
Sustainable energy transition and measures to mitigate the effects of climate change were on top of the agenda at the 10th Arab-China Business Forum that began in Riyadh on Sunday.
Dashing common misconceptions about energy transition,…
‘Double duck, double luck’: Hong Kong pop-art project returns after 10 years
Two giant inflatable ducks made a splash in Hong Kong’s Victoria Harbor on Friday, marking the return of a pop-art project that sparked a frenzy in the city a decade ago.
The two 18-meter-tall yellow ducks by Dutch artist Florentijn…
US Secretary of State Blinken reschedules postponed Beijing visit for June 18
US Secretary of State Antony Blinken will travel to China next week, rescheduling a visit that was canceled in February after a saga over a suspected surveillance balloon, US officials said Friday.
Blinken is expected to arrive in…
China envoy in South Korea warns of ‘wrong bets’ over Sino-US rivalry
South Korea might be making “wrong bets” in the Sino-US rivalry, the Chinese ambassador in Seoul said, urging Seoul to stop “decoupling” from China and restore economic and diplomatic ties.
Xing Haiming made the remarks during a meeting…
37 Chinese warplanes cross into Taiwan’s defense zone
More than 30 Chinese warplanes entered Taiwan’s air defense zone over the course of about six hours, the island’s defense ministry said Thursday, a sharp ramp-up in single-day incursions by China’s military.
China claims self-ruled…
US slaps sanctions on Iranian, Chinese targets in action over Tehran’s missile, military programs
The United States on Tuesday imposed sanctions on over a dozen people and entities in Iran, China and Hong Kong, accusing the procurement network of supporting Iran’s missile and military programs as Washington ramps up pressure on Tehran.…
US defense secretary discusses upgrading ties with India to counter China
US Defense Secretary Lloyd Austin on Monday discussed upgrading partnership with India, a major arms buyer, and set a roadmap for cooperation for the next five years as both countries grapple with China’s economic rise and increased…