China

Increased iron ore price in China amid tensions with Australia
10May By Nectar GanNo Comments
China, Politics

Increased iron ore price in China amid tensions with Australia

Beijing, China: China might cut down its steel demand in coming day as the tension increases between the Australia.According to the South China Morning Post (SCMP), China's state-dominated steel sector is concerned about surging prices, urging the government to help with market "malfunctions" and improve policies in the futures market.China imports over 50 per cent of its iron ore from Australia, and consumes more iron ore than any other nation. "The problem with high iron ore prices is that money is leaving the steel-producing countries and ending up with the iron ore producers and the governments of countries that produce the iron ore," Erik Hedborg, senior analyst at commodities firm CRU."Longer-term, one problem with high iron ore prices that feed into the price of steel is potential ...
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G7 statement criticised Beijing’s increasing presence in East and South China seas: China condemns
10May By Stuart WhiteNo Comments
China, Politics

G7 statement criticised Beijing’s increasing presence in East and South China seas: China condemns

Beijing, China: Foreign ministers of the Group of Seven (G7) countries that criticised Beijing's increasing presence in the East and South China seas. It responded them very sharply against the joint communique.China's Foreign Ministry spokesperson Wang Wenbin strongly condemned the outcome of the G7 meeting in London, reported NHK World.In a joint statement released on Wednesday in London, representatives from the G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, had condemned Chinese actions in East and South China seas.Wang denounced the G7 nations in a news conference, saying their move is an interference in China's sovereignty and runs counter to the current trend of peaceful development and cooperation.Wang also reiterated China's st...
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Japan expresses objection over China at G7
8May By Yusara AskariNo Comments
China

Japan expresses objection over China at G7

London, UK: Japanese Foreign Minister Toshimitsu Motegi expressed growing concerns over a number of issues related to China. On the second day of Group of Seven (G7) ministerial meetings in London.Motegi stressed on China's attempts to change the status quo in the East China and South China seas, the situation around Taiwan and Hong Kong, the Kyodo news agency reported on Wednesday.Tokyo also raked up Beijing's handling of human rights of the Muslim Uyghur minority in the Xinjiang province, which it said has caused "grave concerns". Motegi also discussed regional issues at the meeting.The meeting lays the groundwork for the summit among world leaders in June.On Monday, Motegi had agreed with US Secretary of State Antony Blinken to step up cooperation to deal with China and promised to fur...
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China introduces new weapons for war.
8May By Nectar GanNo Comments
China, Conflict

China introduces new weapons for war.

Hong Kong: China has dominated the forefront in introducing new methods and weapons to the war.For a couple of decades, the Chinese concept of "Assassin's Mace" weapons was frequently referred to. This comes from the Chinese term shashoujian, a hero from ancient Chinese folklore who overcame more powerful enemies by wielding a club and attacking the enemy suddenly outside the rules.China itself has referred to various trump card weapons of the People's Liberation Army (PLA) as "Assassin's Maces". Examples include the PHL-03 truck-mounted multiple rocket launcher, or the DF-21D anti-ship ballistic missile. Indeed, China is the only country in the world to field a weapon of this latter category.While the term is still used by Chinese and Western commentators alike, it is perhaps time to mor...
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US tracking Chinese rocket which is to re-enter Earth’s atmosphere
8May By Joanne SerriehNo Comments
China, World

US tracking Chinese rocket which is to re-enter Earth’s atmosphere

Washington DC, US: The US Department of Defence has said it is tracking the Chinese Long March 5B-rocket that is out of control and set to re-enter Earth's atmosphere this weekend is being tracked by US Department of Defence.The Chinese rocket is expected to enter Earth's atmosphere around May 8 and US Space Command is tracking the rocket's trajectory amid concerns about where its debris may make an impact, CNN reported."US Space Command is aware of and tracking the location of the Chinese Long March 5B in space, but its exact entry point into the Earth's atmosphere cannot be pinpointed until within hours of its re-entry, which is expected around May 8," Pentagon's US Space Command said in a statement."Until then, the 18th Space Control Squadron will be offering daily updates to the rocke...
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in safeguards in EU-China investment deal Civil society calls for rights
8May By Yusara AskariNo Comments
China

in safeguards in EU-China investment deal Civil society calls for rights

An appeal has been launched to European Institutions calling for the inclusion of enforceable human rights clauses in the EU-China Comprehensive Agreement on Investment (CAI). In view of the upcoming Plenary session of the European Parliament, the CSOs in the letter expressed "grave concern" at the omission of a human rights clause from the discussion about the agreement and its final text, the World Uyghur Congress (WUC) said in a statement. They state that the omission of rights clause "sends a signal that the European Union will push for closer cooperation [with China] regardless of the scale and severity of human rights abuses carried out by the Chinese Communist Party, even when Beijing is in direct and open violation of international treaties and ...
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Japan Cost Guard Shot Chines vessel.
7May By Grace TsoiNo Comments
Asia, China

Japan Cost Guard Shot Chines vessel.

CAMP FOSTER, Okinawa —According to a Japanese media report, The Japan Coast Guard shot a Chines research vessel near their economic zone.The Japanese government lodged a protest with Beijing through diplomatic channels the same day, the Yomiuri newspaper reported Monday.A Japanese patrol boat from Naha, Okinawa, found the Chinese vessel, the Marine Geology No. 12, at 9:35 a.m. 102 nautical miles south of Hateruma Island and inside Japan’s 200-mile exclusive economic zone, the newspaper reported. The coast guard regarded the research activity as unauthorized, according to the report.Hateruma, the southernmost inhabited island of Japan, is part of Okinawa prefecture.The newspaper reported the Chinese vessel had a wire-like object extending into the sea, which led the coast guard to believe
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New Zealand’s PM says differences with China becoming harder to manage
5May By Nectar GanNo Comments
Business, China, Politics, World

New Zealand’s PM says differences with China becoming harder to manage

Prime Minister Jacinda Ardern said on Monday that the differences between New Zealand and its top trading partner China are becoming harder to reconcile as Beijing’s role in the world grows and changes.The comments come as New Zealand faces pressure from some elements among Western allies over its reluctance to use the Five Eyes intelligence and security alliance to criticise Beijing.In a speech at the China Business Summit in Auckland, Ardern said there are things on which China and New Zealand "do not, cannot, and will not agree", but added these differences need not define their relationship."It will not have escaped the attention of anyone here that as China's role in the world grows and changes, the differences between our systems – and the interests and values that shape those syste
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China again in the Lawsuit.
5May By Joanne SerriehNo Comments
Business, China

China again in the Lawsuit.

China is being sued in the initial days of pandemic by Mississippi and Missouri for several class action lawsuit against Bejing.The virus is believed to have originated in Wuhan, and the secretive communist government was accused of downplaying the virus and misleading the world in the early days of the pandemic -- leaving other countries, including the U.S., exposed and without time to prepare.Legal experts have warned that the cases face long odds because foreign governments are generally granted immunity from domestic suits. But that doesn’t mean the Republican states plan on giving up holding the Chinese behemoth accountable."Mississippi families and businesses deserve to be made whole for China’s malicious and dangerous actions," Attorney General Lynn Fitch said in a statement this w
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Response delayed by Chines Embassy when asked for comment on Blinken’s interview.
5May By Stuart WhiteNo Comments
China

Response delayed by Chines Embassy when asked for comment on Blinken’s interview.

The commitments was done to included regulatory changes on agricultural biotechnology and commitments to purchase some $200 billion in U.S. exports over two years is swept with the dealBlinken arrived in London on Sunday for a G7 foreign ministers meeting where China is one of the issues on the agenda.In the interview, Blinken said the United States was not aiming to "contain China" but to "uphold this rules-based order - that China is posing a challenge to. Anyone who poses a challenge to that order, we're going to stand up and - and defend it."Biden has identified competition with China as his administration's greatest foreign policy challenge. In his first speech to Congress last Wednesday, he pledged to maintain a strong U.S. military presence in the Indo-Pacific and to boost U.S. tec...
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