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Nino Abdaladze

Communist Party to Directly Oversee Finance and Tech in China

Communist Party to Directly Oversee Finance and Tech in China

China's parliament is set to approve an administrative overhaul this week, placing public security, financial regulation, and technology under the direct control of the Communist Party, instead of the state. Beijing aims to prepare its financial system and supply chains, including semiconductors, for a Taiwan conflict and any

Canada: Chinese Investors Can Retain Stakes in Canadian Mining Firms

Canada: Chinese Investors Can Retain Stakes in Canadian Mining Firms

Canada will not compel state-owned Chinese investors to divest their shares in three major mining firms as it could cause policy ambiguity, Reuters reported on Wednesday. Canada requested three Chinese firms to divest their shares in Toronto-listed lithium explorers in November, citing national security concerns. China retaliated by claiming that

Chinese FM: US Indo-Pacific Strategy Aims to Provoke Confrontation

Chinese FM: US Indo-Pacific Strategy Aims to Provoke Confrontation

Chinese Foreign Minister Qin Gang accused the U.S. of trying to form exclusive blocs and provoke confrontation in the Asia-Pacific region during a press conference in Beijing on Tuesday, Chinese state-run CGTN reported. Qin, who spoke on the sidelines of the first session of the 14th National People'

China's Reopening to Power Southeast Asia's Chip Industry

China's Reopening to Power Southeast Asia's Chip Industry

Moody’s Analytics predicts that the reopening of China will drive demand for electronics from suppliers in Southeast Asia, the Philippine newspaper Business Word reported. While countries like Vietnam are known for providing low-cost alternatives to China for consumer goods assembly, Malaysia, the Philippines, and Thailand stand out as major

Chinese Trade Shrinks Amid Weak Western Demand

Chinese Trade Shrinks Amid Weak Western Demand

China’s trade contracted once again in the first two months of 2023, as demand from the U.S. and Europe weakened due to rising interest rates, adding challenges for China’s efforts to stimulate economic growth after zero-COVID policy, the Washington Post reported based on customs data released on

China and Australia Trade Surges with Double-Digit Growth Amid Improved Ties

China and Australia Trade Surges with Double-Digit Growth Amid Improved Ties

China-Australia trade has accelerated with imports and exports recording double-digit growth compared to the previous year, due to improved bilateral relations, Chinese state-backed Global Times reported. According to data released on Tuesday by China's General Administration of Customs, trade between China and Australia totaled 259.7 billion yuan

Conflict is Imminent Unless US Alters Course, China warns

Conflict is Imminent Unless US Alters Course, China warns

Chinese Foreign Minister Qin Gang said Beijing and Washington are on the path towards "conflict and confrontation" if the United States does not alter its course, amid tensions surrounding trade, technology, Taiwan, human rights, and Russia's invasion of Ukraine. Qin said that Washington's China