Source link Companies from the bloc’s major trading partners could face curbs over links with Russia, the paper said The EU is seeking to include restrictions against Chinese and Indian companies in a 13th sanctions package against Russia over the Ukraine conflict, to be unveiled later this month, the Financial Times has reported. Two dozen […]
Source link Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers. He mentioned that some of his […]
Source link The bird was detained last May after being discovered with suspicious words affixed to its wing A pigeon suspected of conducting espionage operations on behalf of the People’s Republic of China has been released by Indian officials after eight months of detention following an intervention by PETA, the animal rights group has said. […]
Source link China’s defense minister Dong Jun has told his Russian counterpart Sergey Shoigu that strategic cooperation between Moscow and Beijing is a pillar of maintaining peace around the globe, in his first public appearance since his appointment at the end of last year. As two great powers, Russia and China should deepen their cooperation […]
Source link A court ordered the procedure after the firm failed to come up with a convincing restructuring plan A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, the world’s most indebted developer, after an 18-month long hearing. Judge Linda Chan delivered the ruling, saying “it is time for […]
Source link The frontrunner for the US Republican nomination launched a large-scale trade war with Beijing during his presidency Former US President Donald Trump has told advisers he wants to impose a 60% tariff on all imports from China if he wins this year’s election, the Washington Post reported on Saturday, citing three unnamed people […]
Source link The country’s stocks have been selling off of late despite a series of government stimulus measures Investors poured nearly $12 billion into Chinese equity funds in the week ending this past Wednesday, Reuters reported on Friday, citing data compiled by Bank of America. It was the largest weekly inflow since 2015 and the […]
Source link The island nation will allow the vessel to dock following a request by Beijing, despite Indian concerns The Maldives clarified on Tuesday that a Chinese vessel heading for its chief city and capital, Male, will not be conducting research in its waters after India raised concerns over the ship possibly gathering sensitive data. […]
Source link New Delhi has expressed concern over Beijing’s increased presence in the region New Delhi is tracking a Chinese research vessel that has entered the Indian Ocean region and is heading for the Maldives to reportedly run a survey operation, Indian media reported on Monday, citing Open Source Intelligence (OSINT) observers and maritime tracking […]
Source link The Yemen-based militant group has said vessels from all countries except Israel and its allies will be allowed to pass through the Red Sea Houthi militants in Yemen have promised safe passage through the Red Sea to ships from all countries except Israel and nations “in any way connected with it,” a representative […]
Source link Li Qiang is not a high enough official to be worth meeting, the Ukrainian president has suggested Ukrainian President Vladimir Zelensky claimed on Wednesday that he had not actually sought to meet Chinese Premier Li Qiang at the World Economic Forum (WEF) gathering in Davos this week. The remarks come amid media reports […]
Source link Financial transactions are a matter for the companies involved and not for the government, presidential spokesman Dmitry Peskov has said The issue of compliance with US sanctions by Chinese banks falls outside the purview of the Kremlin, presidential spokesman Dmitry Peskov told reporters on Tuesday. He declined to comment on a Bloomberg report […]
Source link The US has approved imposing secondary sanctions on institutions found aiding Moscow Chinese state-owned banks are tightening controls on servicing Russian clients after Washington approved secondary sanctions on financial institutions found aiding Russia’s military-industrial complex, Bloomberg reported on Tuesday, citing people familiar with the matter. In December, US President Joe Biden signed an […]
Source link US spies question China’s ability to fight a war due to alleged corruption in the military, the agency reported US intelligence believes the sacking of several high-ranking Chinese militarily figures before New Year was linked to widespread corruption in the People’s Liberation Army (PLA), Bloomberg has reported, citing people familiar with the assessments. […]
Source link BYD has overtaken the longtime industry leader as the world’s biggest seller of electric vehicles China’s BYD sold more than 526,000 electric vehicles in 2023’s fourth quarter, the Chinese company announced on Monday, exceeding Tesla’s total of over 484,000 in the October-December period and essentially ending the American EV giant’s reign as the industry’s dominant manufacturer. […]