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,”
Tag: China
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.
U.S.-Born Skier Eileen Gu Wins Olympic Gold For China
BEIJING (AP) — Eileen Gu amassed an army of cynics when she spurned Team USA to represent China at the Beijing Games. Moments after the biggest run of her life, the 18-year-old freestyle skiing prodigy was asked about her status
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
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
Who Cares if China Culls Cryptocurrencies?
Image: Ewan Kennedy/Unsplash At the zenith of China’s Ming dynasty, the Yongle Emperor sought to extend China’s influence beyond its borders, not just by demanding tribute from other rulers, but by building a massive navy. Few will recall that at
Yahoo Follows LinkedIn and Pulls Out of China
Image: Shutterstock Yahoo has become the latest American company to leave mainland China. The firm said its decision was due to an “increasingly challenging business and legal environment” in the country. Its suite of services will no longer be accessible
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
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
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,
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