hina China Picks Deputy UN Representative as Ambassador to S. Korea By world.kbs.co.kr Published On :: Thu, 14 Nov 2024 13:47:59 +0900 [International] : China has named Dai Bing, deputy chief of its permanent mission to the United Nations, as the new ambassador to South Korea. According to diplomatic sources on Thursday, Beijing nominated the UN mission deputy to succeed former Ambassador Xing Haiming, who left the post vacant in July. Dai’s career ...[more...] Full Article International
hina China’s new fiscal plans unlikely to immediately boost growth: Fitch By www.fibre2fashion.com Published On :: Thu, 14 Nov 2024 17:03:02 GMT China’s latest fiscal announcements seem aimed at addressing medium-term structural impediments to economic growth from strained local government finances, but are unlikely to immediately boost or offset deflationary risk, Fitch Ratings said. It expects a budget deficit of 7.1 per cent of GDP this year. It believes fiscal stimulus will remain incremental and responsive to downside risks. Full Article Textiles
hina Australia – China Business Council to move to Melbourne By www.invest.vic.gov.au Published On :: Thu, 25 Sep 2014 14:29:00 +1000 Australia’s premier business organisation dedicated to promoting investment and trade with China will be the first bilateral business chamber to be part of the Victorian Coalition Government’s new International Chamber House (ICH). The Australia China Business Council (ACBC) will move its head office from Sydney to Melbourne to be part of ICH, which is set to open later this year in Melbourne’s city centre. Full Article
hina Australia and China sign historic free trade agreement By www.invest.vic.gov.au Published On :: Mon, 17 Nov 2014 13:59:00 +1000 Australia and China have signed an historic free-trade agreement (FTA) which will increase opportunities for foreign direct investment in Victoria. The deal, which is suggested to be worth A$18 billion to Australia’s economy, was announced after almost a decade of negotiations between the nations. The agreement will increase the threshold at which private companies attract scrutiny by the Foreign Investment Review Board from A$247 million to A$1 billion. This will allow corporations to more easily take advantage of the competitive and dynamic business environment that Melbourne has to offer. Full Article
hina PwC China Sourcing Initiative (CSI) Information Session - Hong Kong (November 14, 2024 8:30pm) By events.umich.edu Published On :: Wed, 13 Nov 2024 00:32:23 -0500 Event Begins: Thursday, November 14, 2024 8:30pm Location: Organized By: University Career Center This CSI information session will focus only on PwCHong Kong based positions.This info session will invite professionals and partners from the following service lines of PwC Hong Kong:Core AssuranceRisk AssuranceTaxConsultingThe PwC Hong Kong professionals and partners will share business insights, their career development experiences and help you prepare for interviews and future careers with their teams and PwC Hong Kong.We have many positions available across the line of services in assurance, tax, and consulting in our Hong Kong office. Positions are forfull time Associate roles with a start date in fall/late of 2025. Application Eligibility:Bachelor and Master students who graduate from universities in the United States or Canada between August 2023 and August 2025 are eligible to apply. Mandarin or Cantonese language skills as well as English are required.PwC will provide Hong Kong working visa sponsorship for selected associates. We welcome STEM major students who are interested in getting professional training and professional service experiences in Hong Kong to join our program. Please join the CSI Virtual Information Session - Hong Kong on November 14, 2024 from 8:30 pm - 9:30 pm US Eastern Time to learn more about the opportunities in PwC Hong Kong. For all current CSI openings, please visit: https://app.mokahr.com/campus-recruitment/pwc/148260#/page/CSI Full Article Careers / Jobs
hina China’s annual production of new energy vehicles surpassed 10 million units on Thursday By www.forexlive.com Published On :: Thu, 14 Nov 2024 01:32:32 GMT Chinese media, Global Times, citing a state media report (CCTV):China’s annual production of new energy vehicles surpassed 10 million units on Thursday, info via China Association of Automobile Manufacturers.the first country to reach this milestone globallyoutput for the whole year is expected to reach 12 millionThe US and EU have quickly built walls (tariffs and other imposts) to protect domestic vehicle producers. This is not usually a recipe for thriving industry. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
hina People's Bank of China has more work to do to support the yuan By www.forexlive.com Published On :: Thu, 14 Nov 2024 02:52:03 GMT Justin had the news from the People's Bank of China here on Monday:PBOC governor will maintain yuan exchange rate at a reasonable, balanced levelAnd on Wednesday we saw the Bank trying to support CNY at the reference rate setting:PBoC promised stronger damping to support CNY, and that's what are seeingAnd again today:PBOC sets USD/ CNY reference rate for today at 7.1966 (vs. estimate at 7.2326)Offshore yuan may have seen the memo but its not paying it much heed:The PBoC supported the CNY through the last bout of USD/CNY super-strength. They'll be doing the same again this time around, wary of capital outflow if they let the yuan drift too much lower. They'll be hoping US inflation doesn't take off higher and the Fed pauses ... or reverses. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
hina Por qué la chispa no prenderá en China By www.elmundo.es Published On :: 2011-02-21T12:25:00Z ¿Podría contagiarse China de la oleada de protestas que se han extendido media vuelta del planeta más hacia el Oeste? El derroche de celo demostrado por las autoridades ante un puñado de manifestantes mal organizados en su 'revolución de los jazmines' fallida demuestra que ni la chispa tiene opciones de prender en la sociedad china, ni que su gobierno vaya a dar una mínima tregua al debate. Full Article
hina Man ploughs car into crowd in southern China, leaving 35 dead amid divorce rage By www.euronews.com Published On :: Wed, 13 Nov 2024 11:33:38 +0100 Man ploughs car into crowd in southern China, leaving 35 dead amid divorce rage Full Article
hina Cold War bomber enhances China’s ability to strike U.S. bases By www.yahoo.com Published On :: 2024-11-13T06:11:28Z Full Article
hina US Accuses China of Vast Cyber-Espionage Against Telecoms By finance.yahoo.com Published On :: 2024-11-14T07:50:49Z Full Article
hina Trump’s proposed tariffs, especially on China and Mexico, could hit California hard By www.capradio.org Published On :: Wed, 13 Nov 2024 16:14:00 GMT By Levi Sumagaysay, CalMatters Welcome to CalMatters, the only nonprofit newsroom devoted solely to covering issues that affect all Californians. Sign up for WhatMatters to receive the latest news and commentary on the most important issues in the Golden State. A range of experts, from Nobel Prize-winning economists to an internet-famous menswear writer, have a message for Americans who voted for Donald Trump based on his promises to bring down prices: This likely won’t go how you want. Some voters cited the cost of living as a factor in their decision to elect Trump to a second term as president. But with inflation actually starting to ease, his proposed tariffs, which the president-elect has called the “most beautiful word in the dictionary,” could actually raise prices again. While some experts don’t think more tariffs are a bad idea, the majority of economists and other experts who spoke with CalMatters echoed 23 Nobel laureates who warned that Trump’s policies would be worse for the economy than the ones proposed by Vice President Kamala Harris. Those economists wrote a letter last month calling Harris’ economic agenda “vastly superior” to Trump’s, and mentioned tariffs as one reason. “His policies, including high tariffs even on goods from our friends and allies and regressive tax cuts for corporations and individuals, will lead to higher prices, larger deficits, and greater inequality,” the economists wrote. Businesses that import goods into the country must pay the tariffs. They tend to pass on their increased costs to consumers, with some executives recently promising to do just that during their earnings calls. So economists largely view tariffs as a tax, especially on the lowest- and middle-income families in the nation. While tariffs could raise prices for all U.S. consumers, California could feel the brunt of the impact in part because of the countries Trump singled out during his campaign: China and Mexico. Those two countries accounted for 40% of the state’s imports in 2023. “The port and logistics complex in Southern California is a very important part of the economy, and directly tied to the countries he threatened,” said Stephen Levy, an economist and director of the Center for Continuing Study of the California Economy, an independent, private research organization in Silicon Valley. Trump imposed tariffs during his first presidential term, and President Joe Biden maintained some of them. During his campaign this time around, Trump said he intends to impose tariffs of 10% to 20% on all imports, and has mentioned even higher tariffs on goods from China (60%) and Mexico (100% to 200% on cars). Such tariffs could exacerbate California’s already high cost of living and raise the prices of cars, technology and electronic products, medical devices, groceries and more. Also, as the state saw during Trump’s first term — which included a trade war, with countries retaliating with their own tariffs on U.S. exports — California’s agricultural industry is likely to feel the effects. Trump’s proposed tariffs could also have an adverse effect on the state’s ports, which are among the nation’s busiest. And all of those outcomes could have a ripple effect on jobs in the state, including those in agriculture, trade and manufacturing. What the state’s ports expect Trade experts say it’s too early to tell how the state’s ports could be affected, though some of them also said they expect a near-term surge in activity as businesses brace themselves for tariffs by importing more goods now. “Long Beach and Los Angeles are two of the largest ports in the U.S.,” said Jonathan Aronson, a professor of communication and international relations at the University of Southern California, who studies trade and the international political economy. “Their traffic would presumably slow in both directions” if Trump imposes tariffs, Aronson said. Like other experts, though, he wondered if the president-elect is using the threat of tariffs as a negotiating tactic — say, to pressure Mexico into doing more to limit immigration into the United States. The most recent available data for the Port of Los Angeles, which is the busiest in North America and handles nearly 10% of all U.S. imports, shows that trade activity rose nearly 19% at the port in September from the same month a year ago. September imports totaled $27.9 billion, a 20% increase year over year. There’s a chance those numbers could head the opposite direction as a result of tariffs. “Significant increases in tariffs, and the possibility of retaliatory tariffs, could have a significant impact on traffic — and jobs — at the port,” said Phillip Sanfield, a spokesperson. “We’re monitoring developments closely.” The Port of Los Angeles says nearly 1 million California jobs are related to trade at that port. The Port of Long Beach handles about 3% of all U.S. imports and has about 575,000 Southern California jobs tied to trade. Chief Executive Mario Cordero said, through a spokesperson, that he is waiting to see what trade policies Trump actually will adopt: “At this point we expect that strong consumer demand will continue to drive cargo shipments upward in the near term.” The Port of Oakland, whose trade-related jobs at both the airport and seaport number about 98,000, also expects a traffic boost at first. Spokesperson Robert Bernardo: “As a West Coast seaport, our primary trading partner is Asia, and what’s happening right now is that retailers are expecting a short-term shipping surge in advance of new tariffs.” Mike Jacob is the president of the Pacific Merchant Shipping Association, a not-for-profit maritime trade association whose members facilitate trade. They include ocean carriers, marine terminal operators and more. Jacob, too, said he is expecting trade activity to pick up ahead of whatever tariffs Trump imposes: “Given the lack of understanding of the timing, scope and scale (of the tariffs), you’re more likely than not to move cargo earlier.” As a result of tariffs during Trump’s first term, Jacob said there was “a small bump in cargo back in 2019 that resulted in additional impacts on our logistics chain.” He said after that experience, which was then followed by pandemic-related chaos, the industry might be a little more prepared to deal with possible supply-chain disruptions. Possible effects on manufacturing The San Diego Regional Chamber of Commerce is worried about potential tariffs on goods from Mexico. Kenia Zamarripa, a spokesperson for the group, said the CaliBaja region — which includes San Diego and Imperial counties and the Mexican state of Baja California — is interconnected, with a multibillion-dollar supply chain. The region’s logistics facilitate 80% of the trade between California and Mexico, she said. The nation’s top imports from Mexico in September — worth at least $2 billion for each category — were petroleum and coal products, computer equipment and motor vehicle parts, according to the most recent statistics from the U.S. Census Bureau’s Bureau of Economic Analysis. Some specific products that are imported into the U.S. from Mexico through California include the Toyota Tacoma. The truck and its components are made in Baja California and elsewhere in Mexico. “Imagine taxing each component before it goes to Mexico and back,” Zamarripa said. She added that the region also leads in producing medical devices, and that the importance of that became apparent during the beginning of the pandemic when “a bunch of companies shut down, not knowing that a little metal piece they were producing was a vital part of a heart monitor, for example.” Mexico’s economy minister, Marcelo Ebrard, said this week that he would hit the U.S. with tariffs if Trump imposes tariffs, though President Claudia Sheinbaum has seemed more open to negotiations. Lance Hastings, chief executive of the California Manufacturers & Technology Association, said he’s well aware of the disruption tariffs can cause. When Trump put tariffs on aluminum and steel imports, aluminum prices rose at least 25%, Hastings said. “I was in the beer industry when it was put in, and we felt it,” he added. Hastings also said the anxiety around Trump’s proposed tariffs stem in part from the fact that “we’re still trying to get the supply chain back to normal” after the pandemic. Because “California is the gateway to Asia, the state would feel the impact of more tariffs first and more than everybody else,” he said. Made in the USA Yet there is a bit of optimism among those who think some tariffs could actually help California manufacturers. Sanjiv Malhotra, founder and CEO of Sparkz, a maker of lithium batteries, said tariffs could benefit his company and the rest of the domestic battery industry amid the increasing popularity of electric vehicles. Sparkz, which will get its materials from West Virginia and make batteries at a plant in Sacramento, “is all U.S.-sourced. Nothing is coming in from China,” Malhotra said. During his campaign, Trump indicated he would try to roll back emission-reduction rules and said he would oppose banning gas-powered vehicles. But Malhotra, who served in the U.S. Energy Department under the first Trump administration, said that as demand for lithium batteries grows, he believes Trump’s incoming administration will understand that they “need to be made here in the U.S. so we are not dependent on China for batteries.” Kate Gordon, CEO of California Forward, a nonprofit organization that focuses on the state’s economy, said that while it’s important to get back some of “what we’ve lost over the past couple of decades” — the nation once led in solar panels — it “needs to happen deliberately and with attention to where we’re really competitive.” “What would be terrible would be tariffs on things where we’re no longer competitive, like parts of the solar supply chain, which have been held by China for a long time,” she said. All that would do is drive up prices, Gordon said. Americans may say they want things to be made in the USA, but they also don’t want to pay higher prices for them, said Derek Guy, a menswear writer based in San Francisco who has covered the clothing industry for more than a decade. A few years ago, Guy wrote about American Apparel, under new ownership, offering U.S. consumers the option of paying a little bit more for clothing made here vs. similar pieces made overseas. “Even based on a few dollars, when someone wasn’t looking over (their) shoulder, people chose the foreign version,” Guy said. “A lot of manufacturing in the U.S. has long shifted toward the higher-end,” Guy said. “The kind of cheaper clothes we’re talking about (what most Americans buy) are made elsewhere.” Tariffs would raise those prices. The price of almonds California’s top agricultural exports include almonds, wine, dairy products, pistachios and other nuts. During Trump’s first term as China imposed retaliatory tariffs on the U.S., California exports of wine, walnuts, oranges and table grapes to China fell, according to the University of California Giannini Foundation of Agricultural Economics. In addition, almond prices sank, with the foundation’s researchers saying prices fell from $2.50 a pound to $1.40 a pound in 2018. That had a negative impact on an industry that generates $4 billion to $5 billion a year and employs about 110,000 people, according to the website of lobbying group Almond Alliance. Amanda Russell, a spokesperson for the Almond Alliance, said in an emailed statement: “In previous trade negotiations, President Trump demonstrated a commitment to supporting agriculture, and we are optimistic about continuing this partnership to address the challenges and opportunities facing our growers and stakeholders.” Besides tariffs, another likely action by Trump that could affect the state’s agriculture industry is mass deportations — a threat that has immigrants and advocates on edge. “I can’t see any benefit to California if he goes through with mass deportation,” said Levy, the economist in Silicon Valley. “Even the threat of deportation will affect the labor pool.” Full Article
hina Galen (129-216 AD) in China: cancer / crab By languagelog.ldc.upenn.edu Published On :: Wed, 13 Nov 2024 12:06:24 +0000 I just received the following book: P.N. Singer and Ralph M. Rosen, eds., The Oxford Handbook of Galen (New York: Oxford University Press, 2024). The volume has 29 chapters, the last of which is "Galen in Premodern Tibet and China: Impressions and Footprints" (pp. 658-674) by Dror Weil and Ronit Yoeli-Tlalim. Naturally, this chapter is […] Full Article Etymology Language and medicine
hina China Supports Yuan as Dollar Surges | Bloomberg: The China Show 11/14/2024 By biztoc.com Published On :: Thu, 14 Nov 2024 07:08:49 GMT Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. Full Article
hina Inside Goldman Sachs’ years-long power struggle over its China venture By biztoc.com Published On :: Thu, 14 Nov 2024 05:23:58 GMT A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expected Full Article
hina China’s president will unveil a megaport in Peru, but locals say they’re being left out By biztoc.com Published On :: Thu, 14 Nov 2024 05:12:30 GMT A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco. Full Article
hina China's Zeekr to take control of sister brand Lynk, sources say By biztoc.com Published On :: Thu, 14 Nov 2024 05:12:52 GMT Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said. Full Article
hina Exclusive-China's Zeekr to take control of sister brand Lynk, sources say By biztoc.com Published On :: Thu, 14 Nov 2024 05:12:56 GMT In This Article: HONG KONG/SHANGHAI (Reuters) - Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said. The move is part of efforts by Geely Holding, which is the parent… Full Article
hina China's president will unveil a megaport in Peru, but locals say they're being left out By biztoc.com Published On :: Thu, 14 Nov 2024 05:23:44 GMT A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco Full Article
hina Asia shares wobble on China angst; long-end US bond yields rise with dollar By biztoc.com Published On :: Thu, 14 Nov 2024 05:56:21 GMT Full Article
hina Lula’s Embrace of Xi Sets Up a Clash Over Trump’s China Policy By biztoc.com Published On :: Thu, 14 Nov 2024 06:07:36 GMT Full Article
hina What Marco Rubio's nomination as Trump's secretary of state means for China and Taiwan By www.businessinsider.com Published On :: Wed, 13 Nov 2024 22:56:01 +0000 The nomination of Rubio, a China hawk who's been sanctioned by Beijing, comes at a tense moment in the Indo-Pacific region. Full Article Military & Defense defense marco-rubio trump china taiwan
hina The US-China tech race is moving from chips to the raw materials they're made of By www.businessinsider.com Published On :: Thu, 14 Nov 2024 00:45:02 +0000 The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance is like a new Cold War. Full Article AI Tech Military & Defense Politics ai cold-war nvidia chips rare-earths
hina China's president will unveil a megaport in Peru, but locals say they're being left out By www.yahoo.com Published On :: 2024-11-14T05:02:28Z Full Article
hina News24 Business | Business brief | Southern Sun sees earnings rise; China boosts its property market By www.news24.com Published On :: Wednesday Nov 13 2024 18:32:45 An overview of the biggest business developments in SA and beyond. Full Article
hina OpenAI Says US Allies Should Partner On AI To Take On China By www.ndtv.com Published On :: Thu, 14 Nov 2024 12:58:36 +0530 The proposal was included in a new policy blueprint from OpenAI unveiled at an event in Washington. Full Article
hina China Removes Memorials For Deadliest Car Attack, Tightens Security By www.ndtv.com Published On :: Wed, 13 Nov 2024 23:10:05 +0530 Officials in southern China ramped up security on Wednesday at the site of the country's deadliest attack in a decade, snuffing out makeshift memorials to the 35 people killed when a man drove a car into a crowd at a sports complex. Full Article
hina China's CATL open to building US battery plant if Trump allows By www.greencarreports.com Published On :: Wed, 13 Nov 2024 11:33:00 -0500 Chines battery supplier CATL could build a plant in the U.S. The decision would hinge on whether Trump's administration allows the Chinese to enter the market CATL wanted to invest in the U.S. but to date the government's said no Chinese battery supplier CATL is open to building a U.S. factory if the incoming Trump administration allows it, the... Full Article Batteries
hina Cabinet congratulates Mozambique’s Daniel Chapo, Botswana’s Duma Boko and US’ Donald Trump and seeks to deepen trade with China By www.iol.co.za Published On :: Wed, 13 Nov 2024 12:14:35 GMT Full Article
hina China clears memorial to mass killing victims as government scrambles to respond By www.voanews.com Published On :: Wed, 13 Nov 2024 02:04:30 -0500 ZHUHAI, China — Authorities in the southern Chinese city of Zhuhai removed wreaths, candles and even bottles of Chinese alcohol laid at the scene of the deadliest mass killing in the country in a decade, as the government scrambled to respond and censor the outrage online. On Monday, a male driver angry at his divorce settlement rammed his car into a crowd at a sports center in the city of 2.5 million, killing 35 people and injuring 43, but the government took almost a day to announce the death toll. This prompted an outrage on Chinese social media, where posts complaining about the government's slow response and raising questions about the mental health of a nation shaken by a recent spate of similar killings, were being quickly removed. Despite the efforts to clear the site in Zhuhai, which is near Macau, delivery drivers on motorbikes kept dropping off fresh flowers on Wednesday morning, even as authorities erected temporary barriers around the makeshift vigil area and deployed security personnel. “The authorities hadn’t released any information - some colleagues mentioned it and I couldn’t believe it at first, but it was confirmed later,” said a 50-year-old man who identified himself as Zheng who brought flowers to the site. “It’s just a spontaneous feeling I had. Even though I don’t know them personally, I had family members who passed away in the past, so I understand that feeling," said Zheng. Some wreaths carried handwritten notes: "Strangers travel well. May there be no demons in heaven,” read one. On another: “May there be no thugs in heaven. Good will triumph over evil. Rest in peace.” After initially allowing journalists to briefly speak to the people laying the flowers, a handful of security personnel sporting light blue uniforms and caps told reporters not to talk to the people or to film specific messages on the bouquets. The attack happened as Zhuhai captured China's attention with the People's Liberation Army's largest annual airshow, where a new stealth jet fighter is on display for the first time. China’s state broadcaster CCTV did not mention the attack in its 30-minute midday news bulletin. Instead, the program led with President Xi Jinping's departure for the APEC summit in Peru and devoted a portion of the airtime to the airshow. Other state media, such as China Daily's Chinese language website, also prominently displayed the news of Xi's upcoming visit to Peru. The current affairs part of China Daily's website and the local area page did not mention the incident either. Hundreds of rescue personnel were deployed to provide emergency treatment, and more than 300 healthcare workers from five hospitals worked around the clock to save lives, state media's Beijing Daily reported on Tuesday. There was no indication that the attack was related to the airshow. But it was the second such incident to occur during the Zhuhai airshow: in 2008, at least four people were killed and 20 injured when a man drove a truck into a crowded schoolyard during the airshow. Police said that attacker had been seeking revenge over a traffic dispute. Xi, cited by CCTV on Tuesday, ordered all-out efforts to treat the injured and demanded severe punishment for the perpetrator. The central government has dispatched a team to provide guidance on handling of the case, CCTV said. Violent crime is rare in China due to tight security and strict gun laws. However, a rise in reports of knife attacks in large cities has drawn public attention to safety in public spaces. The deadliest attack Reuters was able to identify in recent years in China took place in Urumqi, in China's western Xinjiang region, in 2014, in which suicide bombers killed 39 people and four of the five attackers also died. Full Article China News East Asia
hina China looks to expand global influence with Xi’s Latin America tour By www.voanews.com Published On :: Wed, 13 Nov 2024 10:39:38 -0500 Taipei, Taiwan — Chinese President Xi Jinping departs on a nine-day diplomatic tour to Latin America on Wednesday, during which he will inaugurate a Chinese-financed megaport in Peru and attend the Asia-Pacific Economic Cooperation Summit in Lima and the G20 Summit in Brazil. Analysts say the trip is part of China’s attempt to expand its global influence and present itself as “a responsible global power” at a time when countries around the world brace for uncertainties following U.S. President-elect Donald Trump’s victory on November 5. “The trip is especially significant since Latin America is viewed as ‘the backyard’ of the United States; and [since] the next U.S. president is likely to return to a unilateral approach in world affairs, it provides China with the opportunity to expand its influence around the world as a champion for global development and multilateral cooperation,” said Zhiqun Zhu, an expert on Chinese foreign policy at Bucknell University. During his state visit to Peru, Xi will inaugurate the $3.5 billion Chancay port with his Peruvian counterpart Dina Boluarte on Thursday. Situated 80 kilometers north of the Peruvian capital Lima, the port has a maximum depth of 17.8 meters and is expected to become a major trading hub between Latin America and China. “The port will become the largest deep-water port in South America and it will drastically reduce the time needed to ship products from Peru to China,” Leland Lazarus, associate director of national security at Florida International University, told VOA in a video interview. China’s state-run Cosco Shipping Corporation has a majority 60% stake in the port and a 30-year concession to operate the terminal. According to China’s official data, the port can handle up to one million containers and 160,000 vehicles in the first year of operation. The port is among 17 ports globally where China holds a majority stake, according to the Council on Foreign Relations and is one of more than 100 port projects built globally under China’s flagship Belt and Road Initiative. The port is expected to become a major hub for exporting critical commodities such as lithium, copper, iron and soybeans to China more efficiently. Latin American countries including Peru, Chile, Brazil, Colombia, and Ecuador, which had a combined export of $135 billion to China in 2023, could all benefit from the launch of the Chancay Port. “There is a huge gap in infrastructure development in Global South countries and Western powers are not active in helping [to] fill the gap. [As a result,] China’s investments in such large infrastructure projects are welcomed by host countries,” Zhu at Bucknell University told VOA in a written response. While Latin American countries will likely welcome the inauguration of the Chancay Port, the U.S. has warned about the potential for the port to be used for military purposes by China. That Washington claims could threaten its interests in Latin America. “It could be used as a dual-use facility, it’s a deepwater port,” said Laura Richardson, the outgoing chief of the U.S. Southern Command told the Financial Times in a recent interview, adding that the Chinese navy could use the port in a scenario that, she said, fits “Beijing’s playbook.” Some experts say it’s difficult for China to deploy its naval vessels to Latin America in the near future and that Peru is unlikely to let Beijing militarize the Chancay port. “Currently, the Chinese navy is not capable of projecting its power across the Pacific, and since Peru still needs to maintain its relationship with the U.S., Peruvian authorities won’t allow the port to be militarized,” Kung Kwo-Wei, an expert of Latin American affairs at Tamkang University in Taiwan, told VOA by phone. However, Lazarus told VOA that Beijing’s activities in other ports around the world suggest it could still use the Chancay port for military purposes in the future. “When looking at Chinese behaviors [at other ports around the world], such as the Port of Bata in Equatorial Guinea and the Ream Naval Base in Cambodia, Chinese state-owned enterprises would promise to expand the ports for commercial purposes, yet there have been allegations that there’s been construction for what looks like military purposes on these areas,” said Lazarus. In addition to the Chancay Port, Peruvian Foreign Minister Elmer Schialer told Reuters news agency in an exclusive interview that Beijing and Lima plan to sign around 30 agreements, including an updated free trade agreement, during Xi’s visit. Kung in Taiwan said these developments show that China’s investment in Latin America is now focusing on logistical infrastructure and access to minerals from Latin America. “China relies heavily on ports and logistical infrastructure to ensure it can export and import commodities at a steady pace, and as Beijing continues to expand its renewable energy industries, its appetite for minerals from Latin America will also grow,” Kung told VOA. As the U.S. could possibly adopt a more isolationist foreign policy approach during Trump’s second term, Lazarus said Xi will use the upcoming APEC and G20 summits to amplify the message that China is a more consistent global power than the U.S. “While the U.S. is going to potentially look inward with another Trump administration, [the summits] are Xi’s big opportunities to show that China is playing a much more global role,” he told VOA. However, some experts say it remains unclear whether China will achieve its intended goals. “Beijing will double down on the image of being the leader of the Global South and some countries will be attracted by that message,” said Ian Chong, a political scientist at the National University of Singapore. “But others who are more clear-eyed and who have followed developments from the Belt and Road Initiative and other Chinese projects will recognize that China is just another great power,” he told VOA in a phone interview. Full Article East Asia Americas China News
hina China showcases new stealth fighter at Zhuhai air show By www.voanews.com Published On :: Wed, 13 Nov 2024 20:19:54 -0500 taipei, taiwan — China showcased its second fifth-generation stealth fighter jet this week, the J-35A, at the country’s premier aviation exhibition in the southern province of Guangdong, an achievement state media said puts Beijing on par with the United States. Military analysts say China’s ability to field two different types of stealth fighter jets marks an important milestone in Beijing’s development of military technology, but it still has a way to go to catch up with the U.S. With its J-20 and J-35A stealth fighter jets, China claims it is the first country to operate two types of stealth fighter jets after the U.S., which has its F-22 and F-35. Russia currently has one stealth fighter in operation, the Su-57, with another, the Su-75 Checkmate, still in development. The J-35A made its debut on the opening day of the air show in Zhuhai, performing aerobatic displays. In addition to the J-35A and J-20, two of Russia’s Su-57s were on exhibit for the first time at the biennial air show, which lasts until Sunday. Higher profile as supplier Song Zhongping, a Beijing-based defense expert, said China's possession of both the J-35 series and the J-20 stealth fighters brings with it benefits for Beijing in combat scenarios and raises its profile as a supplier of advanced military hardware. "China is now one of the few countries worldwide with the capability to field two types of stealth fighters simultaneously,” Song told VOA. “The advanced arms market should not be dominated solely by the U.S., Russia and Europe. China must also have a place, which will enhance China's defense industry strength on the global stage." Song said that the J-35 has incorporated numerous new technologies that significantly improve its stealth capabilities compared with the United States’ F-35. In a post on China’s X-like social media platform Weibo, Hu Xijin, the former editor-in-chief of the party-backed Global Times, called the display of the new fighter jet a “strong and decisive response” to “Washington’s overreach to stifle China’s military achievements.” "China now has its own versions of the most attractive American equipment,” Hu said in the post. “The U.S. has the F-22 and F-35; China now has the J-20 and J-35. The U.S. has THAAD [an anti-missile system], and China has the HQ-19 [surface-to-air missile system].” Analysts say Russia’s participation this year, showcasing its Su-57 alongside China’s J-35 and J-20 at Zhuhai, not only highlights how Moscow and Beijing are working together in the global arms market but their closeness in the wake of Russia's war in Ukraine. Yang Tai-yuan, a researcher at the Centre for Advanced Technology at Taiwan’s Tamkang University, said that while China’s technology is improving, its pilots lack real combat experience. “The J-35 looks very similar to the American F-35. Was there copying involved? I think it’s inevitable. To surpass the U.S. may not be possible,” Yang said. “While the equipment may match the U.S. in many aspects, China's operational experience is not as robust.” Yang said other challenges remain, including getting more pilots trained and helping them transition from Beijing’s third-generation J-7 and J-8 fighter jets to the highly digital systems of fifth-generation jets. He also noted that while it takes at least 1,000 flight hours for a pilot to become experienced, People's Liberation Army pilots have fewer training hours compared with U.S. and NATO pilots, which makes it harder to develop situational handling experience. Yang said China’s role for its “dual stealth fighters” remains unclear. While the J-20 primarily focuses on air superiority, the operational roles for the J-35 are not yet defined. Significant impacts Timothy R. Heath, a senior international defense researcher at the RAND Corporation, believes stealth fighters may enhance the survivability of Chinese naval aviation. In a written response to VOA, Heath said China’s "dual stealth fighters" approach will have significant geopolitical and military impacts, prompting some Asia-Pacific nations to consider military cooperation with China. “Operationally, the main impact will be perhaps most for countries in Southeast Asia and along the Indian Ocean, as this PLA Navy’s carrier is likely to operate primarily along that route, as well the aviation,” he wrote. Heath added that the J-35’s political impact is significant but unlikely to drastically affect the situation in the Taiwan Strait, as China already has substantial air power over Taiwan. Beijing considers self-ruled Taiwan a breakaway province that must one day reunite with the mainland, by force if necessary. In a Taiwan war, Heath wrote, “China’s carrier probably would not last long if it attempted to operate away from the protection of China’s counterintervention capabilities on the mainland.” However, he added, deploying the J-35 from land-based air force units could enhance its effectiveness in operations over Taiwan. Samuel Hui contributed to this report. Full Article China News
hina US downplays impact as China, Peru set to update trade pact, open mega port By www.voanews.com Published On :: Wed, 13 Nov 2024 21:49:53 -0500 brussels — As China and Peru prepare to sign an updated free-trade agreement at this year’s Asia-Pacific Economic Cooperation summit, Chinese President Xi Jinping is set to inaugurate a Chinese-financed mega port in Peru, known as Chancay, while attending the APEC meetings. China promotes the Chancay port on Latin America's Pacific coast as a key hub to boost trade connectivity with South America. The plan includes using infrastructure projects to link Chancay, reducing shipping times for goods. A senior U.S. official downplayed the port’s implications for the United States, stating that it does not complicate U.S. relationships in the region and that it is natural for Latin American countries to have diverse trade and investment partnerships beyond the U.S. Matt Murray, the U.S. senior official for APEC, spoke to VOA on Wednesday from Lima, Peru, outlining the U.S. agenda for this year’s APEC meetings. This interview has been edited for brevity and clarity. VOA: Could you unpack for us the agenda of APEC 2024? Matt Murray, U.S. senior official for APEC: APEC, as you know, is a multilateral forum with 21 member economies that account for half of global trade and 60% of global GDP. Each year, APEC is hosted by a different member economy. The United States was delighted to host in 2023, and this year, the forum has moved to Peru for 2024. APEC always focuses on three key areas: trade and investment, innovation and digitalization, and sustainable, strong, secure, inclusive and balanced growth. Peru has continued these priorities by bringing APEC economies together to discuss these issues and make progress on specific initiatives, including a renewed focus on sustainability. This year, during the energy ministerial meeting in August, Peru launched the Just Energy Transition Initiative within APEC. They have also supported new programming, focused on curbing food loss and waste in the region, which is crucial for the sustainability of our agricultural sectors. VOA: Chinese President Xi Jinping will sign an updated free-trade agreement with Peru and inaugurate a new mega port north of Lima, called Chancay. Can you talk about the implications for the United States? Murray: I think we expect countries, including APEC economies like Peru, to engage in trade and investment relationships with a variety of partners, including the People’s Republic of China. As President Xi arrives in Lima, attention will be given to areas where China has invested in Peru, as well as the trade and investment ties between the two countries. However, from the U.S. perspective, our primary focus is on our own relationship with Peru and with Latin America, particularly in terms of trade, investment and broader engagement. I don’t necessarily see this as complicating our relationship in the region. We view it as a natural part of business that Latin American countries will have diverse trade and investment partners. VOA: Given President-elect Donald Trump's stance on tariffs and the potential withdrawal from the Indo-Pacific Economic Framework, and with several IPEF members also part of APEC, how might the U.S. reassure global leaders about its commitment to deepening economic ties with other nations? Murray: Since 1989, both Democratic and Republican U.S. administrations have engaged with APEC. We view it as an opportunity to engage a wide range of partners in a consensus-based, nonbinding way. One of the key ways we reassure leaders is simply by showing up. This week, we’re showing up in a big way. The best way to demonstrate our commitment to deepening economic ties with the region is by having the president, secretary of state and U.S. trade representative all come to Lima to participate in APEC Economic Leaders Week. That, I think, demonstrates leadership and our willingness to continue engaging. VOA: What does the future look like for APEP, or Americas Partnership for Economic Prosperity, an economic initiative for Latin America, and IPEF? Murray: I don't think I can speculate on the future of these particular arrangements. As you know, this is part of our democracy. We have administrations in power that transition to new ones, which may make different or sometimes similar decisions. There are, in fact, areas where we've seen continuity from the Obama administration to the Trump administration and then to the Biden administration, and there may continue to be such continuity. So, I don’t think it's possible to speculate on any one particular issue. Full Article China News Americas
hina India has the highest number of diabetic people in the world, even more than China: Report - The Economic Times By news.google.com Published On :: Thu, 14 Nov 2024 05:28:58 GMT India has the highest number of diabetic people in the world, even more than China: Report The Economic TimesWhy Lancet study on diabetes is a red flag: A quarter of diabetics globally are Indians The Indian Express800 million diabetics worldwide and most aren't getting treatment, finds study The Times of IndiaIndians account for quarter of world’s adult diabetes patients: Lancet study Hindustan TimesWhy have diabetes rates doubled over the past 30 years – and what can be done about it? The Guardian Full Article
hina Suparco joins China’s mission for lunar exploration By www.dawn.com Published On :: Thu, 14 Nov 2024 08:59:27 +0500 ISLAMABAD: The Space and Upper Atmosphere Research Commission (Suparco) announced on Wednesday its collaboration on a groundbreaking lunar exploration mission in partnership with China’s Chang’e 8 mission, set to launch in 2028. “This collaboration marks a significant milestone for Pakistan’s space programme, as Suparco’s indigenous rover will be part of the mission to explore the lunar surface,” said a press release issued the commission. The collaboration underscores the strong bilateral relations between Pakistan and China and their shared vision for advancing space exploration. Suparco’s rover, weighing approximately 35 kilogrammes, will join the Chang’e 8 mission, which is part of the larger International Lunar Research Station (ILRS) initiative. The rover will land on the Moon’s south pole, an area renowned for its challenging terrain and potential for groundbreaking scientific discoveries. The mission’s objectives include exploring the lunar surface, conducting scientific experiments, and testing new technologies for future lunar and planetary exploration. Key experiments will include the study of lunar soil, the mapping of the lunar surface, and the testing of sustainable technologies for human presence on the Moon. Suparco’s rover, equipped with state-of-the-art scientific instruments, will play a crucial role in collecting data that could pave the way for future lunar missions. Published in Dawn, November 14th, 2024 Full Article Pakistan
hina Deputy PM Freeland says she shares American trade concerns about Mexico, China By www.cbc.ca Published On :: Wed, 13 Nov 2024 17:18:57 EST Deputy Prime Minister and Finance Minister Chrystia Freeland says she shares Washington's concerns about whether Mexico is "aligned" with Canada and the U.S. on trade policy — specifically when it comes to China. Full Article News/Politics
hina Indonesian president says he will safeguard sovereignty in South China Sea By www.asiaone.com Published On :: Thu, 14 Nov 2024 12:45:35 +0800 JAKARTA — Indonesian President Prabowo Subianto said he would "always safeguard our sovereignty" when asked about the issue of the South China Sea, adding partnerships are better than conflicts and that "we respect all powers". Prabowo's comments, made while he was in Washington on Wednesday (Nov 13), came after his foreign ministry stressed that Indonesia does not recognise China's claims over the South China Sea despite signing a maritime deal with Beijing last weekend. Beijing has long clashed with Southeast Asian nations over the South China Sea, which it claims almost in its entirety, based on a "nine-dash line" on its maps that cuts into the exclusive economic zones (EEZ) of several countries. "We respect all powers, but we will always safeguard our sovereignty. But I choose to always find possibilities of a partnership," said Prabowo, who has repeatedly said he will pursue a non-aligned foreign policy. "Partnerships are better than conflicts," he told reporters. Full Article
hina Upscale and Upper Midscale Hotel Projects Dominate China’s Pipeline at Q3 2024, Commanding 59% of Total Construction Pipeline By www.hospitalitynet.org Published On :: Wed, 13 Nov 2024 09:37:21 +0200 In the Q3 2024 China Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), at the end of the quarter, China’s total hotel construction pipeline reached a record high project count of 3,853 projects with 703,312 rooms, up 4% by projects and 3% by rooms year-over-year (YOY). Full Article
hina India set to become 'major producer' of electric vehicles like China: Mark Mobius By www.newkerala.com Published On :: Wed, 13 Nov 2024 18:50:02 +0530 Full Article
hina China's largest air show takes off with fighter jets, attack drones By www.thehindu.com Published On :: Wed, 13 Nov 2024 11:39:52 +0530 China has poured resources into modernising and expanding its aviation capabilities as it faces off against the United States and others around regional flashpoints like Taiwan. Full Article World
hina Cold War-era H-6 bomber enhances China’s ability to strike U.S. bases By www.thehindu.com Published On :: Wed, 13 Nov 2024 12:14:26 +0530 The H-6 long-range bomber was used in China’s October war games around Taiwan; it flew close to the U.S. mainland for first time in June Full Article World
hina Xi leaves China for APEC meeting in Peru: state media By www.thehindu.com Published On :: Wed, 13 Nov 2024 12:55:46 +0530 Chinese leader Xi Jinping travels to Peru for APEC summit amid trade tensions with U.S., inaugurates Chinese-funded port Full Article News
hina China, Philippines spar over new maritime laws, baseline drawings in South China Sea By www.thehindu.com Published On :: Wed, 13 Nov 2024 22:05:35 +0530 The move follows China's definition on Sunday of the baseline for "territorial waters" around the shoal, which Beijing claims as Huangyan Island Full Article World
hina Welcome to China's underground raves, from street techno to quotes from Chairman Mao By www.washingtontimes.com Published On :: Wed, 13 Nov 2024 15:50:53 -0500 Crouch through the small metal door and walk down the dark tunnel, and even before you step into the abandoned air raid shelter, the air reverberates with pounding techno beats. Young Chinese holding booze and cigarettes shake and sway in a red-lit passageway, below a big screen rolling through quotations from Chairman Mao. Full Article
hina Mercury record of intense hydrothermal activity during the early Cambrian, South China By geoscan.nrcan.gc.ca Published On :: Tue, 23 Feb 2021 00:00:00 EDT Zhu, G; Wang, P; Li, T; Zhao, K; Zheng, W; Feng, X; Shen, J; Grasby, S E; Sun, G; Tang, S; Yan, H. Palaeogeography, Palaeoclimatology, Palaeoecology vol. 568, 110294, 2021 p. 1-10, https://doi.org/10.1016/j.palaeo.2021.110294<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20210155.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20210155.jpg" title="Palaeogeography, Palaeoclimatology, Palaeoecology vol. 568, 110294, 2021 p. 1-10, https://doi.org/10.1016/j.palaeo.2021.110294" height="150" border="1" /></a> Full Article
hina Intensive ocean anoxia and large d13Ccarb perturbations during the Carnian Humid Episode (Late Triassic) in Southwest China By geoscan.nrcan.gc.ca Published On :: Tue, 04 Oct 2022 00:00:00 EDT Zhang, Z T; Joachimski, M M; Grasby, S E; Sun, Y. Global and Planetary Change vol. 217, 103942, 2022 p. 1-11, https://doi.org/10.1016/j.gloplacha.2022.103942<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20210592.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20210592.jpg" title="Global and Planetary Change vol. 217, 103942, 2022 p. 1-11, https://doi.org/10.1016/j.gloplacha.2022.103942" height="150" border="1" /></a> Full Article
hina The Zunyi manganese deposit, South China: A consequence of climatic-oceanic changes triggered by the eruption of Emeishan large Igneous Province? By geoscan.nrcan.gc.ca Published On :: Thu, 08 Jun 2023 00:00:00 EDT Yang, C; Xu, H; Yin, R; Wang, L; Wu, C; Grasby, S E; Gao, J. Ore Geology Reviews 158, 105530, 2023 p. 1-9, https://doi.org/10.1016/j.oregeorev.2023.105530<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20230270.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20230270.jpg" title="Ore Geology Reviews 158, 105530, 2023 p. 1-9, https://doi.org/10.1016/j.oregeorev.2023.105530" height="150" border="1" /></a> Full Article
hina China’s futuristic fighter jet unveiled: All about the ‘White Emperor’ capable of dropping munitions... - Moneycontrol By news.google.com Published On :: Wed, 13 Nov 2024 10:51:37 GMT China’s futuristic fighter jet unveiled: All about the ‘White Emperor’ capable of dropping munitions... MoneycontrolChina’s 6th-Gen Fighter? Beijing Unveils “Supersonic Aircraft” Capable Of Dropping “Munitions From Space” EurAsian TimesChina Unveils Its Second 5th-Gen Fighter, Looks Exactly Like This US Jet NDTVChina's groundbreaking innovations: Key Highlights from the Zhuhai Airshow | IN PICS India TV NewsHas China developed most dangerous fighter jet in world? Why is everyone talking about J-35A? What makes it s India.com Full Article