Global leaders condemn Putin moves — China urges ‘restraint’

European and other global leaders widely condemned Monday’s decisions by Russian President Vladimir Putin that have escalated the crisis in Ukraine — and China urged that “all parties concerned must exercise restraint.” “This is plainly in breach of international law,”

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New regulation in China to hit food delivery giants’ profit model

Between 2016 and 2020, the number of people who ordered food online in China doubled to 400 million. The boom was in part thanks to the generous subsidies shelled out by the country’s food delivery contenders for customers and businesses.

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Balenciaga Celebrates Its Couture Revival in a Special Showcase in China

Image: Balenciaga Over the last weekend (from November 19), luxury fashion house Balenciaga kicked off an exclusive five-day event to present its 50th Couture Collection designed by creative director, Demna Gvasalia.  The elaborate showcase was the first of many for

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Trump warns China could take over Bagram Air Base after US withdrawal

Former President Donald Trump warned that China could take over Bagram Air Base after the US military abandoned it during the Biden administration’s “surrender” of Afghanistan this summer.  ​​The 45th president blamed the Biden White House of attempting to sweep the

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The Evergrande Saga – The Biggest Real Estate Meltdown In China

The liquidity woes of Evergrande may spread to Southeast Asia property markets and construction supplies even if financial risks are contained. There is growing concern if Evergrande and other property developers come under pressure and default on Southeast Asian overseas

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Two Canadians freed from China after deal reached with Huawei exec in swap deal

Two Canadians detained in China on charges of espionage for the last two and a half years have been freed are finally heading home, Prime Minister Justin Trudeau announced on Friday. Michael Spavor and Michael Kovrig were released from prison

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China to stop building coal plants in developing nations

Enlarge / Coal plants at the end of the line? Chinese President Xi Jinping used his speech to the United Nations General Assembly to announce a major new step towards controlling global emissions. After reiterating his own country’s climate pledges,

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China may use an existing rocket to speed up plans for a human Moon mission

Enlarge / China’s Long March 5 rocket made its debut in November, 2016. Xinhua/Sun Hao China appears to be accelerating its plans to land on the Moon by 2030 and would use a modified version of an existing rocket to

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