It's only a matter of time earlier than China’s monetary system turns into a contender for Wall Avenue and the Metropolis of London’s supremacy, in line with the founding father of funding agency Bridgewater Associates, Ray Dalio. ...
A document 12,400 freight-train journeys between China and Europe have been made in 2020, in accordance with the China State Railway Group. That’s up 50 p.c from the earlier 12 months, the railway operator mentioned. ...
China hits again at ‘unjustified’ overseas legal guidelines that damage its companies
Posted On Saturday, January 9, 2021 By Russian Opinion. Under Economy Tags: back, businesses, China, foreign, Hits, hurt, laws, unjustified
China’s Ministry of Commerce has issued a listing of guidelines to counter “unjustified” overseas legal guidelines and restrictions, prohibiting its corporations and residents from complying with these measures amid the US crackdown on Chinese language corporations. ...
Anti-Beijing rhetoric in Australia is alive and effectively, reminiscent of fears of the so-called communist menace of the 1950’s. It’s not solely misguided, however harmful. ...
E-retailer’s dismissive response to 22yo worker’s demise sparks outrage, debate on overwork tradition in China
Posted On Tuesday, January 5, 2021 By Russian Opinion. Under RUSSIA Tags: 22yo, China, Culture, death, debate, dismissive, employees, eretailers, Outrage, overwork, reaction, sparks
Chinese language e-commerce large Pinduoduo is in scorching water after one among its staff died after reportedly working grueling hours lengthy after midnight and its verified social media account stated individuals “ought to reside with their very own decisions.” ...
Washington’s dream that Beijing is doomed to failure appears as sturdy as ever, regardless of occasions of the final yr exhibiting that American triumphalism is misplaced, misguided and doubtlessly moribund. ...
De-dollarization in overdrive: Russia & China increase settlements in nationwide currencies to 25%
Posted On Sunday, January 3, 2021 By Russian Opinion. Under Economy Tags: boost, China, currencies, dedollarization, National, overdrive, Russia, settlements
Moscow and Beijing have ramped up the share of settlements in nationwide currencies to 25 % this yr in opposition to a modest two % recorded seven years in the past, in keeping with the Russian Ambassador to China Andrey Denisov. ...
This US present reveals how shallow & ill-informed America’s understanding of China is. No surprise we’re dropping the financial battle
Posted On Sunday, January 3, 2021 By Russian Opinion. Under IMPORTANT Tags: America's, battle, China, economic, illinformed, losing, reveals, shallow, show, this, understanding, were, Wonder
With Beijing’s economic system set to overhaul the US’ by 2028, you'd have thought that politicians, analysts, and commentators would no less than attempt to get to know their ‘enemy’, as an alternative of whining about conspiracies and hacking. ...
Analysis factors out that the coronavirus pandemic was probably a results of outbreaks in lots of locations across the globe, Wang Yi, Chinese language Overseas Minister, said, including that Beijing will resist any makes an attempt at “stigmatization.” ...
China’s Ministry of Business and Info Expertise stated the nation plans to speed up the rollout of wi-fi know-how whereas launching a whole lot of 1000's of recent 5G base stations this 12 months. ...
