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  • Macron wins Chinese fans with Mandarin lesson

    CHINA, 2018/01/15 A behind-the-scenes video of French President Emmanuel Macron wrestling with the Mandarin pronunciation of his climate change slogan "Make our planet great again" has delighted Chinese social media. The candid footage shows Macron sneezing and wondering at the same time as to breathe as he diligently repeats the phrase next his instructor, while a woman touches up his make-up and two bemused men in military garb look on.
  • China lodges protest against Australian 'white elephant' remarks

    CHINA, 2018/01/15 China lodged a formal diplomatic turmoil on Wednesday next a senior Australian minister called Chinese infrastructure projects in the Pacific "white elephants", the new spat in increasingly contentious relations. Friction between the two nations grew last month next Australia singled out China as a focus of concern at the same time as it proposed laws on foreign interference, drawing a furious response from Beijing.
  • What we can expect from China’s economy in 2018

    CHINA, 2018/01/13 In 2017, we saw the consolidation of China’s power and influence globally, and of Communist Party leader Xi Jinping’s power nationally. This year, the party will try to use this to tackle some of its biggest economic hurdles such as financial risk, environmental pollution and maintaining social cohesion. A initial and overriding priority will be managing and preventing major financial risks within the Chinese economy. China will continue to clean up and tighten controls over its financial sector. Beijing has by presently banned risk-laden Bitcoin from its economy, and the government says it will maintain a “proactive fiscal policy and prudent monetary policy” for 2018.
  • Singapore to focus on themes of resilience, innovation as ASEAN chairman

    BRUNEI , 2018/01/13 Singapore will focus on strengthening the collective resilience of the Association of Southeast Asian Nations (ASEAN) inclunding promoting innovation part member economies, Prime Minister Lee Hsien Loong said as he launched the country's chairmanship of the regional bloc with songs, dance and food. “The last time we chaired ASEAN was in 2007 and we are very happy to be chairing it again,” Mr Lee said on Friday (Jan 12) at the Experience ASEAN launch event held at Bishan-Ang Mo Kio Park. Visitors can look forward to food, craft stalls and performances from the region at the event held from Friday to Sunday.
  • World food prices up 8.2% in 2017

    AFGHANISTAN, 2018/01/13 World food prices rose by 8.2 % in 2017 compared to 2016, the UN's food agency said on Friday (Jan 12). The Food and Agriculture Organisation said that its FAO Food Price Index averaged 174.6 points in 2017, the highest annual average since 2014. In December alone, however, the index - a measure of the monthly change in international prices of a basket of food commodities - stood at 169.8 points, down 3.3 % from November, the FAO said in a statement.
  • Wall Street falls on China, NAFTA concerns

    CHINA, 2018/01/11 The three major U.S. stock indexes ended lower on Wednesday next a choppy trading session as investors worried that China would slow U.S. government bond purchases and that U.S. President Donald Trump would end a key trade agreement. The S&P and the Nasdaq snapped a six-day rally next Bloomberg reported that China, the world’s biggest holder of U.S. Treasuries, could slow or stop buying the government bonds. The statement sent Treasury yields to a 10-month high.
  • Chinese Firm to Invest US$2.8 Billion in Guinean Bauxite Operation

    CHINA, 2018/01/08 The Republic of Guinea’s mining ministry disclosed yesterday its approval of a US$2.8-billion investment in a fully-integrated aluminium operation around a domestic bauxite mine by the Chinese transformer-production firm Tebian Electric Apparatus Stock Co., Ltd. (TBEA). According to secretary-general of the mines ministry Saadou Nimaga elaborated by saying that the mine is expected to begin producing bauxite in the summer of 2019 starting with a production rate of 10 million metric tons per annum. The mine’s production rate will triple in 2020, he explained. The summer of 2021 should see the completion of an alumina refinery, continued Nimaga, specifying that it would have a capacity of 1 million metric tons per annum upon completion.
  • Why Chinese tourism to New Zealand suddenly dipped

    CHINA, 2018/01/07 Tourism groups in New Zealand are confident the Chinese market is in good shape next a sharp slump in numbers and spending in the completed year. But operators and industry groups say the large recent year-on-year increase is unlikely to return as the visitor mix changes. In the year to September, Chinese spent NZ$1.425 billion (US$1.01) here, an 18 % drop on the previous year. Numbers from China slumped in June, with holiday arrivals down 15 % to 11,000 on the same month in 2016.
  • Opportunity or threat? China watches to see which way Macron goes on New Silk Road

    CHINA, 2018/01/07 France has so far been cautious about Beijing’s plans to revive trade along ancient land and sea routes but that could change as the French president seeks to rebalance a multibillion-euro trade deficit . Depending on who you ask in Europe, China’s colossal East-West infrastructure programme is either an opportunity or a threat – and at the same time as French President Emmanuel Macron visits this week, Beijing will be watching to see how keen he is to jump on board.
  • China’s hi-tech missile ambitions are marching ahead at warp speed

    CHINA, 2018/01/07 But it’s not too late for Washington and Beijing to address their mutual concerns before they get into an arms race around hypersonic weapon . The word “hypersonic” conjures up the idea of immense speed, as it should. The word itself refers to any speeds in excess of five times the speed of sound, or Mach 5. But at the same time as it comes to missile technology, “hypersonic” speed isn’t particularly impressive or new. Indeed, due to the gravitational forces involved, long-range ballistic missiles – inclunding the United States’ initial-generation SM-65 Atlas intercontinental ballistic missiles and the Soviet Union’s R-7 Semyorka – would see their payloads reach massive speeds well in excess of Mach 5 during atmospheric re-entry.