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China update

China’s Xi Jinping pledges to tear down foreign investment barriers, entice capital with ‘heart-warming’ measures

by Walter Watson
China’s Xi Jinping pledges to tear down foreign investment barriers, entice capital with ‘heart-warming’ measures

President Xi Jinping pledged more measures would be unveiled to attract foreign investors to China, amid Beijing’s increasing efforts to restore the ebbing confidence of foreign companies, which has hampered …

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US, China must curb national security impact on trade, commerce minister Wang Wentao tells counterpart Gina Raimondo

by Walter Watson
US, China must curb national security impact on trade, commerce minister Wang Wentao tells counterpart Gina Raimondo

China and the United States must discuss the boundary of national security to minimise the impact on normal trade and investment, commerce minister Wang Wentao told his US counterpart on …

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China’s GPS-like BeiDou navigation system recognised as global standard for commercial aviation in ‘important milestone’

by Walter Watson
China’s GPS-like BeiDou navigation system recognised as global standard for commercial aviation in ‘important milestone’

China’s equivalent to the US’ Global Positioning System (GPS) has gained an international qualification that allows it to expand into global commercial aviation, with the “important milestone” a potential boost …

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Global Impact: China, Australia ‘embark on the right path’ after Anthony Albanese meets Xi Jinping in Beijing

by Walter Watson
Global Impact: China, Australia ‘embark on the right path’ after Anthony Albanese meets Xi Jinping in Beijing

After Albanese met with Premier Li Qiang on Tuesday, a joint statement was issued and said: “Both sides welcome the restoration of high-level dialogues.” Since the Labour Party in Australia …

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China tightens controls over rare earth exports, imports of key commodities including crude oil, iron ore

by Walter Watson
China tightens controls over rare earth exports, imports of key commodities including crude oil, iron ore

China has asked exporters to report transactions of strategically important rare earth metals and oxide products, as economic security remains high on the agenda for policymakers. Importers of crude oil, …

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China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo

by Walter Watson
China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo

Vice-Premier He Lifeng will visit the US later this week in yet another sign of improving bilateral relations that comes as senior US officials and business delegates are taking an …

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Exclusive: US to send strongest-ever delegation to China International Import Expo amid improving ties

by Walter Watson
Exclusive: US to send strongest-ever delegation to China International Import Expo amid improving ties

Amid improving relations between Beijing and Washington, the United States is expected to send its strongest-ever delegation to next week’s China International Import Expo (CIIE), according to sources with knowledge …

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De-dollarisation interest jumps amid financial fragmentation, but US dollar dependence not ‘a very easy thing to overcome’

by Walter Watson
De-dollarisation interest jumps amid financial fragmentation, but US dollar dependence not ‘a very easy thing to overcome’

Interest in de-dollarisation is increasing given growing financial fragmentation risks worldwide, according to a report, but there is still not a credible alternative to the US dollar despite yuan internalisation …

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China and US hold first financial group meeting, will ‘deepen economic relationship’, Treasury Secretary Janet Yellen says

by Walter Watson
China and US hold first financial group meeting, will ‘deepen economic relationship’, Treasury Secretary Janet Yellen says

Senior finance officials from China and the United States had “professional, pragmatic, candid and constructive” discussions over financial stability, supervision and regulation at the first meeting of a new financial …

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Chinese carmakers shift into high gear, making inroads into Russia as no-limits partnership finds new focus

by Walter Watson
Chinese carmakers shift into high gear, making inroads into Russia as no-limits partnership finds new focus

More than a year after the likes of Nissan, Renault and Mercedes-Benz pulled out of Russia due to Western sanctions imposed following the invasion of Ukraine, Chinese carmakers are making …

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