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Lord Buddha said, “Nothing is permanent.” This also applies to personal relationships as well as nation-to-nation relationships. Recently, there was a public spat between Pakistan‘s Deputy Prime Minister Ishaq Dar and the Chinese ambassador in Islamabad, Jiang Zaidong. Their argument over attacks on Chinese citizens in Pakistan has put the all-weather friendship between China and […]
Exports of Chinese cranes are flooding into some Latin American countries, suggesting active expansion in construction activities under Beijing’s Belt and Road Initiative and paving the way for diversification amid the looming trade war with the United States, analysts said. Crane exports to Peru rose by nearly 132 per cent year on year in October, […]
Chinese President Xi Jinping has said Indonesia should join Beijing in leading the Global South as the country’s new leader Prabowo Subinato visited the country this weekend. “As large developing countries and key members of the Global South, China and Indonesia should jointly promote Asian values centred on peace, cooperation, inclusiveness and integration,” Xi said. […]
The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a strategic partner, analysts said. The ministry will sell up to US$2 billion of notes in Riyadh next week, according to a statement posted […]
Hong Kong finance chief Paul Chan has departed for Saudi Arabia, leading a delegation from the finance and innovation and technology sectors on a four-day trip to “strengthen and deepen” Middle East ties. Financial Secretary Paul Chan speaks at the Cathay Pacific Hong Kong-Riyadh route launch ceremony, on October 28, 2024. Photo: GovHK. Chan left […]
The Hong Kong government is taking steps in the right direction to promote the city as an international gold trading centre, but more needs to be done to catch up with rivals like Singapore and Dubai, according to industry players. “Singapore, for the last 12 years, has been pushing its gold industry by allocating land […]
The European Union is selling its €150 billion investment plan for Africa as a way to help reduce the continent’s reliance on Chinese loans that have saddled countries with debt, a senior official said. Jutta Urpilainen, the bloc’s commissioner for international partnerships, said the EU has a powerful marketings message for Global Gateway program, which […]