In the not-so-distant past, China’s economy was widely referred to as the “Madoff economy” on Wall Street, drawing parallels to Bernie Madoff’s fraudulent investment scheme. Just like Madoff, who consistently reported impressive returns regardless of the actual performance of his investments, the Chinese government consistently reported 7% to 8% growth every year, regardless of the …
Sources familiar with the embassy project speculate that the Chinese government may consider developing the land into residential housing. The former site of the Royal Mint, purchased by China for over £255m in 2018, holds historical significance as it was the location where Britain’s coins were minted for over 200 years, beginning in 1809 and …
The sudden disappearance of Chinese Foreign Minister Qin Gang has sparked intense speculation and shed light on a troubling reality: our limited understanding of Chinese politics. As China’s global power continues to grow, the secrecy of the Communist Party poses a problem. The decisions made in Beijing have far-reaching effects on billions of people, the …
A man takes a picture at the harbor where Taiwanese Navy warships are anchored on August 07, 2022, in Keelung, Taiwan. Annabelle Chih | Getty Images News | Getty Images Prominent China hawk Kyle Bass expressed to CNBC on Tuesday his belief that Chinese President Xi Jinping is determined to “bring war to the West,” …
Australia is calling on China to remove all remaining trade restrictions following Beijing’s decision to lift tariffs on Australian barley imports. This move indicates a potential normalization of bilateral relations. Canberra is now anticipating the removal of tariffs on Australian wine imports, which were introduced in March 2021. During the peak of diplomatic tensions in …
An excavator clears debris swept onto a bridge by flooding in the Mentougou district of Beijing after Super Typhoon Doksuri caused the heaviest rainfall recorded in the Chinese capital since 1883. Photo by Ju Huanzong/EPA-EFE/XINHUA Aug. 2 (UPI) — Super Typhoon Doksuri resulted in a month’s worth of rainfall in Beijing, marking the highest levels …
Russian President Vladimir Putin is set to make a visit to China in October, according to a statement from a senior Kremlin official on Tuesday. The trip will coincide with China’s “One Belt, One Road” forum, which aims to connect Asia with Europe and Africa through various infrastructure projects. Additionally, Putin plans to fulfill a …
During John Kerry’s recent visit to China, he did not have a meeting with Xi Jinping. However, Xi did meet and praise an American visitor who has a historical connection with China. Xi described Henry Kissinger as an “old friend” when they met at the Diaoyutai State Guesthouse. It was in this very same guesthouse …
Former U.S. Secretary of State Henry Kissinger played a key role in facilitating discussions between then-U.S. President Richard Nixon and China’s Mao Zedong, ultimately leading to the normalization of relations. Photograph: Medianews Group/los Angeles Daily News Via Getty Images | Medianews Group | Getty Images Veteran U.S. diplomat Henry Kissinger made a surprise visit to …
China has reportedly deleted data on Covid-19 mortality rates in response to a surge in deaths in a wealthy area following the government’s relaxation of strict lockdown rules. According to reports, the number of cremations in Zhejiang province increased by 73% in the first quarter of 2023 compared to the previous year. This rise is …