BEIJING , (Reuters) – According to a State Council proposal given to parliament on Tuesday, China would reorganise its science and technology ministry to direct more resources on significant achievements, with the objective of advancing quicker towards self-sufficiency. The restructure of the central government ministry is part of a reformRead More →
(Reuters) – Airwallex, an Australian fintech startup, said on Tuesday that it has acquired Chinese company Guangzhou Shang Wu Tong Network Technologies in order to get an online payment business licence in China. The Tencent-backed company also announced that it has become a third-party payment provider in China, giving itRead More →
The Chinese billionaire chairman of investment bank China Renaissance has gone missing, according to the business, whose shares fell in Hong Kong on Friday. Bao Fan, who is also the bank’s executive director, is a significant player in the Chinese IT sector and has been instrumental in the birth ofRead More →
TAIPEI, (Reuters) – According to the Financial Times, the Pentagon’s senior China official, Deputy Assistant Secretary of Defense Michael Chase, has landed in Taiwan for a visit, which might escalate tensions between Beijing and Washington. Taiwan’s Defense Ministry and the Pentagon both refused to comment. “Although we do not haveRead More →
BEIJING, (AP) – The US Navy and Marine Corps are conducting joint drills in the South China Sea, amid rising tensions with Beijing following the downing of a suspected Chinese spy balloon. The USS Nimitz aircraft carrier strike group and the 13th Marine Expeditionary Unit have been performing “integrated expeditionaryRead More →
Iran’s President Ebrahim Raisi will go to China in the coming days for a three-day visit aimed at expanding economic relations, according to state media on Sunday. According to Iran’s state news agency IRNA, Raisi will depart for Beijing on Monday evening in response to an official invitation from ChineseRead More →
BEIJING (Reuters) – On Friday, China’s President Xi Jinping warned his Russian counterpart Vladimir Putin that the path to peace negotiations in Ukraine would be difficult, but that China will maintain its “objective and fair attitude” on the matter. According to a report on a phone chat between the twoRead More →
ISLAMABAD – After concluding a two-day official visit to China, Prime Minister Muhammad Shehbaz Sharif arrived back in the nation late on Wednesday night, according to reports. Prime Minister Shehbaz Sharif met with Chinese President Xi Jinping on his trip to China, where they spoke about matters of mutual interestRead More →
On Wednesday, 69 buses from the Sindh government’s public transportation scheme came for the first time in 14 years. The jet arrived in Karachi carrying 69 new buses from China, including 20 for the Orange Line and 49 for the Intra City project. Intercity buses will run on two routesRead More →
According to Taiwan’s defence ministry, Taiwan’s air force scrambled on Friday to scare away 18 Chinese aircraft that had crossed its air defence zone, part of a regular pattern of incursions that has enraged the administration in Taipei. Taiwan, which China claims as its own territory, has complained about repeatedRead More →
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