China

US Navy crosses Taiwan strait, despite China protests.
Asia, China

US Navy crosses Taiwan strait, despite China protests.

Despite increasing military of Chinese Marine in South China Sea, US Navy vessel has crosse the Tiwan Strait."The Arleigh Burke-class guided missile destroyer USS Curtis Wilbur (DDG 54) conducted a routine Taiwan Strait transit May 18 (local time) in accordance with international law. The ship's transit through the Taiwan Strait demonstrates the US commitment to a free and open Indo-Pacific," the US 7th Fleet said in a statement."The United States military will continue to fly, sail, and operate anywhere international law allows," it said.This is the fifth time a US battleship has navigated through the waterway separating Taiwan and China since US President Joe Biden assumed office in January, Focus Taiwan reported.US warships, all Arleigh Burke-class guided-missile destroyers, had made s...
Once a sprawling conglomerate, China’s biggest ‘bad bank’ stumbling with mounting debt.
China

Once a sprawling conglomerate, China’s biggest ‘bad bank’ stumbling with mounting debt.

Hong Kong: Though the Chinese government has stayed quiet about a rescue of the company, it is in the early stages of planning a reorganisation that will require foreign and Chinese bondholders to accept significant losses on their investments.Huarong was given the title of 'bad bank' as it took some of the ugliest loans off the state-owned banks who needed to get rid of debt to appear more attractive. It became the biggest 'bad bank', expanding its empire by financing companies in energy, insurance, property and beyond.Beijing has spent decades bailing out Chinese companies that got in over their heads, Huarong is now testing the limits of that resolve. Being a central part of China's financial system, its vulnerable status has left authorities with a difficult choice - either let it def...
Australia-China:  Trade Tensions Persist in cancelled trade agreements and sharp statements
Asia, China

Australia-China: Trade Tensions Persist in cancelled trade agreements and sharp statements

After knocking Canberra again and again by Chinese, Australia has boldened its position by ripping up Australian state agreements with China and threatening to end Chinese ownership of critical infrastructure in Australia.Australian Foreign Minister Marise Payne announced last month that the Victorian state government’s deals with China, which included a 2018 memorandum of understanding on the Belt and Road Initiative were “inconsistent with Australia’s foreign policy or adverse to our foreign relations” and were therefore terminated.Chinese officials said the decision was “provocative” and would have serious repercussions.“This is another unreasonable move taken by the Australian side against China,” a spokesperson said. “It is bound to bring further damage to bilateral relations and wil
Israel slams China for broadcasting ‘blatant anti-Semitism’.
China, Politics

Israel slams China for broadcasting ‘blatant anti-Semitism’.

Beijing, China: Israeli embassy has expressed stong opposition against the prejudice behaviour of Chinese state media houses discussing the ongoing violence between Israel and Gaza.In the program on CGTN, a Chinese state-affiliated media, host Zheng Junfeng questioned whether US support for Israel was truly based on shared democratic values.The 3.36-minute clip of the program was also shared on the CGTN Twitter handle.The host said: "some people believe that US pro-Israeli policy is traceable to the influence of wealthy Jews in the US and the Jewish lobby on US foreign policy makers.""Jews dominate finance and internet sectors," Zheng said, speaking in English. "So do they have the powerful lobbies some say? Possible."Replying to the clip, the embassy said: "We are appalled to see blatant...
US calls for diplomatic boycott of Beijing Olympics.
Asia, China

US calls for diplomatic boycott of Beijing Olympics.

Beijing, China: US House Speaker Nancy Pelosi called for a "diplomatic boycott" of next year's Beijing Winter Olympics on human rights grounds on which China has expressed strong dissatisfaction.Condemning her statement, China's Foreign Ministry spokesperson Zhao Lijian said at a routine press conference that some US individual's personal statements are "full of lies and fake information" and represent a typical American farce that is bound to fail, reported Global Times."Some people in the US hype themselves up as moral authority. I do not know where they got the nerve to say so," said Zhao.The run-up to the Olympic Games, set for 2022, is being dominated by recriminations over widespread allegations of abuse of China's Uyghur Muslims, which the US has labelled a "genocide".China cornere...
Boycott 2022 Beijing Olympics: Rights.
China

Boycott 2022 Beijing Olympics: Rights.

Beijing, China: A coalition of human rights group wants to boycott 2022 Winter Olympics in Beijing as they believe, participating in the Olympics means supporting the China's genocide against the Uyghur people.A coalition representing Uyghurs, Tibetans, residents of Hong Kong and others issued a joint statement on Monday calling for the boycott.It said that the Chinese government is committing genocide against the Uyghur people and waging an unprecedented campaign of repression in East Turkistan, Tibet and Southern Mongolia, as well as an all-out assault on democracy in Hong Kong."Participating in the Beijing Olympic Games at this time would be tantamount to endorsing China's genocide against the Uyghur people, and legitimising the increasingly repressive policies of the totalitarian Chin...
US lawmakers move proposal to upgrade naval shipyards: Amid competition.
Asia, China, World

US lawmakers move proposal to upgrade naval shipyards: Amid competition.

New York, US: USD 25 billion cash infusion into America's outdated naval shipyards has been proposed by a bipartisan group of US lawmakers in Bid to prepare for greater power competition with China.Considering the pace at which Beijing is building its own ships, there are mounting concerns in the American defence community over the adequacy of vessel production and maintenance, reported Nikkei Asia.The bill submitted to Congress is titled the SHIPYARD Act, which stands for the Supplying Help to Infrastructure in Ports, Yards and America's Repair Docks Act of 2021.The proposal calls for the appropriation of USD 25 million. USD 21 million is to be used for four public shipyards and the remaining USD 4 billion is for private shipyards used by the Navy.The SHIPYARD Act proposes to make a one-...
Amid tension in relations, Chine’s students asked to avoid studying in Australia
Asia, China

Amid tension in relations, Chine’s students asked to avoid studying in Australia

Canberra, Australia: A survey has found that some Chines agents have influenced the decision of Chines students who wanted to take admission in Australian Universities amid worsening relations between Beijing and Canberra.According to The Australian Financial Review (AFR), the report follows anecdotal evidence in February that agents outside the major cities had been instructed by the government to direct students away from Australia.The survey of 900 agents in 73 countries was conducted in March by Navitas, a global education provider.Jonathan Chew, head of strategic insights and analytics at Navitas, said that if the Chinese market, which is worth USD 10 billion to the Australian economy, continued to divert to other countries, it would be impossible to make up the lost revenue from cou...
China’s found in far waters from mainland.
China

China’s found in far waters from mainland.

Beijing, China: There has been a common point of concern for Hawaii's commercial fishermen and the US military about the China’s government subsidised ships which sail far in waters in search of sea food.According to Civil Beat, local longliners have reported seeing growing numbers of Chinese vessels near their islands, accusing them of overfishing and intimidating tactics."What are they fishing for? I don't know… But it's an example of them being close to Hawaii and, we believe, getting closer," said Eric Kingma, executive director of the Hawaii Longline Association.On the other hand, the US Coast Guard in September 2020 asserted that illegal fishing had eclipsed piracy as the most pressing security threat on the high seas."This exploitation erodes both regional and national security, un
China’s to buy heroes of 21st century battlefield.
China

China’s to buy heroes of 21st century battlefield.

Beijing, China: Kamikaze drones were all over the 21st century battlefield and China is now planning to buy it.Michael Peck in an article in The National Interest said that the US ally Israel first taught China about suicide drones. Now Beijing is looking for its own. China got its first taste of suicide drones when Israel sold it the Harpy in the 1990s, to the displeasure of the US government.The Chinese military wants two types of suicide drones, according to an announcement posted on a Chinese military procurement Web site. The desired technical specifications of the drones, or the number to be purchased, are classified, reported The National Interest.As per Peck, Chinese drone manufacturers do have products that might satisfy the demands of the People's Liberation Army.In 2018, China ...