On Sunday, the Australian Trade Minister stated that the country is preparing to sue China to the WTO, mainly because of the high tariffs imposed by Beijing on Australian barley. As bilateral relations become increasingly tense, Beijing has increased its pressure on Canberra.
A law issued by the United States in 1999 required the Pentagon to compile a list of “Chinese military industrial enterprises” “owned or controlled” by the People’s Liberation Army, but the US Department of Defense did not comply with it until 2020. The Trump administration will not change its tough style towards China.
Getting in one last bit of work before the long weekend, the US Census Bureau released its Monthly Advance Economic Indicators Report for October on the day before Thanksgiving. Advance wholesale inventories were up for the month of October, by 0.9%. The August to September percentage change was revised from up, 0.4% to up 0.7%.
The Russian scientists from the A.N. Kosygin State University developed new revolutionary 3D printing technology specifically geared for the fashion industry. A. N. Kosygin Moscow State Textile University was formed as Moscow State Textile Institute in 1919. It is one of the oldest institutes for higher studies in textiles in Russia.
The Ministry of Commerce of China made a preliminary ruling on the Australian wine anti-dumping investigation, stating that “there is dumping of imported wines originating in Australia.’ Per the announcement, starting from November 28, a tariff of 107% to 212.1% will be imposed on wine imported from Australia in the form of a deposit.
The Chinese Foreign Ministry made a statement condemning the possibility of additional sanctions against China. The new sanctions could be implemented against four Chinese corporations that continue to have business dealings with Iran. The protest by China, stems from the virtual event in the Institute of Belarus that was held on November 25th.
Belarus is experiencing challenging times with a negative impact on its populous. Alexander Lukashenko continues to be the President of Belarus despite the falsification of the election results. Russia is one of the few nations that recognized Lukashenko as a legitimate president.
Russia and China are working on the conjoined CR929 jet project. This is the first Eurasian project of such kind. However, what is surprising is that Russia is willing to share technology with China at all. China has been caught stealing classified information, trade secrets, and continuously violating copyright and patent laws.
Hong Kong activist Joshua Wong pleaded guilty to inciting and staging illegal demonstrations in the Special Administrative Region, and risks up to five years in prison. The activist was remanded in custody on Monday after the first court hearing in his case, related to his involvement in pro-democracy protests in Hong Kong last year.
The European Aviation Safety Agency may approve Boeing ‘s 737 Max to go around in January next year. Previous research and test flights have shown that the American aircraft manufacturer has repaired the failure that caused the fatal crash. Patrick Ky, director of the European Aviation Safety Agency, said on Saturday.
The Russian Ministry of Economic Development announced new draft law pertaining the simplified procedure for the foreign nationals to obtain Russian residential permit. It should be noted, Ukrainian nationals can obtain Russian citizenship under the simplified procedure already without the need of the investment.
Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.
The Chinese Ministry of Foreign Affairs announced on Friday that, at the invitation of Japanese Foreign Minister Toshimitsu Motegi and South Korean Foreign Minister Kang Kyungwa, Chinese Foreign Minister Wang Yi will pay an official visit to Japan and South Korea from November 24 to 27.
Gone are the days when we used to book flights and buy tickets without thinking about travel bans and restrictions. Unfortunately, everything has changed in the past few months – be it businesses, the education sector, or travel. The travel and tourism sector has massively suffered during the crisis. Not only airlines but almost all major tourist attractions and cruise lines have also been shut down during the pandemic.
The Five Eyes alliance, comprising of the US, UK, Canada, New Zealand, and Australia, issued a joint statement on Wednesday, in which they expressed their “grave concern” over the autocratic actions of China against Hong Kong. The statement was issued through their respective foreign ministers.
Canada announced on Wednesday that China, Russia, Iran, and North Korea are the main threats to its cyber security. This is the first time Canada has made such a declaration. In 2018, when the Canadian Communications Security Establishment (CSE) released its first cybersecurity threat report, the agency only mentioned foreign-funded actors.
After the Hong Kong government canceled the qualifications of four pro-democracy legislators last week, the Foreign Ministers of the “Five Eyes Alliance” issued a statement on Wednesday, expressing concerns about China’s practices. They called on the Chinese government to stop destroying the rights and freedoms of Hong Kong people.
U.S. President Donald Trump did not attend the ASEAN summit last week. At the summit, 15 countries signed the Regional Comprehensive Economic Partnership (RCEP) trade agreement. Officials revealed that in this context, President Trump is expected to attend the Asia-Pacific Economic Cooperation Conference (APEC) online summit.
IQiyi released its 2020 third quarter performance report on Monday. The financial report shows that in the third quarter of 2020, iQiyi’s revenue reached approximately $1.1 billion. Regarding the financial health that the market has been paying attention to, IQiyi performed well in cost control this quarter.
On Sunday, the Regional Comprehensive Economic Partnership (RCEP) was officially signed during the Association of Southeast Asian Nations (ASEAN) meeting. After eight years of negotiations, the free trade zone with the largest population, the most diverse membership structure, and the greatest development potential in the world was born.
This year has been challenging shaping the trajectory around the world. The winner of the US presidential election will have vested interest in the US influence around the globe, including on the African continent. Currently, there is an attempt of the global geopolitical redistribution.
Founded in 2015, Pinduoduo is without doubt the fastest growing tech company in the world. In merely five years, it has become the strongest rival of Alibaba Group in China. Huang Zheng, the founder, is now the 4th richest man in China, 24th in the world. Together with other Chinese tech giants like Alibaba, Tencent and ByteDance, they have become the dream destination for most Chinese coders. Recently, a bathroom problem might make jobseekers think twice before applying to Pinduoduo.
Donald Trump no longer seems so steely that he can retain the presidency of the United States. In his first speech since last weekend, which was held late Friday at the White House in Washington, he is quoted as having said that only “time will tell” who will be president of the United States.
The Ministry of Commerce’s TikTok ban was originally scheduled to take effect on the 12th, and the Ministry of Commerce made this statement at the last minute, showing a change of position. The US Department of Commerce announced on Thursday (12th) that it will suspend the TikTok ban in compliance with the Penn State Court’s ruling on October 30.
The 37th ASEAN Summit opened on Thursday, and the meeting was held through video. In addition to the immediate new coronavirus epidemic, the fifteen member states are also expected to sign the Regional Comprehensive Economic Partnership Agreement (RCEP) on Sunday to revive the economy hit by the epidemic.
You probably never dreamed you’d be in search of a job during a global pandemic. Talk about challenges, right? Okay, before you get down and think your chances just slid to the floor, let’s look at what you can do to make the most of your time, and how you can land that next job interview.
One of the first things to consider is how you present yourself to others. Have you evaluated your personal brand lately? What makes you a valuable candidate to prospective employers? How will you stand out in a crowded marketplace? What transferable skills do you have? What are your strengths and how can you amplify them? Consider what courses are available to help you stay competitive in your industry. By evaluating your personal brand, you’ll get an overarching view of how potential employers see you.
The member states of the Shanghai Cooperation Organization (SCO) convened a council of heads of state on November 10. In addition to Chinese President Xi Jinping’s remarks, the attitude of Indian Prime Minister Narendra Modi was most concerned by the outside world.
US Secretary of State Mike Pompeo announced that an economic dialogue will be held with Taiwan on November 20. With Democratic candidate Joe Biden’s victory in the presidential election, experts predict that Biden’s team will continue to enhance economic and trade relations with Taiwan.
The World Health Organization (WHO) resumed its meetings beginning from November 9 to 14. The United States once again criticized the World Health Organization for not being transparent enough. After the new coronavirus broke out in China at the beginning of the year, it spread to all parts of the world.
On Monday, a Swedish court overturned a decision to prohibit Huawei equipment from entering the country’s 5G network, forcing the Swedish Postal and Telecommunications Administration (PTS) to announce that it will postpone the auction of 5G network frequency bands originally scheduled for Tuesday.
Brazilian health authority Anvisas suddenly suspended clinical trials on a new Chinese-made coronavirus vaccine on Monday, citing “serious adverse reactions.” After the agency issued relevant notices on its official website, all parties involved in the vaccine clinical trial expressed surprise.
Canadian Prime Minister Justin Trudeau and US President-Elect Joe Biden talked on the phone on Monday. Prime Minister Trudeau said that the two sides talked about two Canadians being imprisoned in China, and he hoped that the Biden administration could help in lobbying China to release the two.
Congratulations began pouring in from around the world in earnest after it emerged on Saturday that Democratic candidate Joe Biden had taken an insurmountable lead over President Donald Trump in the near-complete tally of Tuesday’s elections. Notably, however, some top world leaders have up to now remained silent.
The eighth round of the China-India military commander-level talks ended on Sunday. Like the last round of talks, there is no real progress in the latest talks. The two sides agreed that the frontline troops should exercise restraint and avoid misunderstandings and misjudgments. However, there was no breakthrough in the issue of troop withdrawal.
“You know that Michelle from Africa? First Lady, her wig was made in our village.” Although someone reminded her that Michelle is an American, Zhou doesn’t think there is a difference. All that matters is that the most famous black female in the world wears a wig from Xuchang. Right now, however, the wig industry in Xuchang is having a hard time.
The rumors started at around 8:50 pm. On November 3, first Shanghai Stock Exchange announced the halt of Ant Group’s IPO on November 5, then HK Exchanges and Clearing and Ant Group published the same announcement. In less than one hour, the originally planed world’s largest IPO died on the vine. At $34.5 billion, it could have broken the record set by Saudi Aramco’s $29.4 billion IPO last year. It’s worth noting that the current second largest IPO was set by Alibaba at $25.0 billion. Both Ant Group and Alibaba were founded by Jack Ma, the richest man in China.
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
The US Treasury Department has added one of the most powerful Lebanese politicians and supporters of Hezbollah to the sanctions list on Friday Nov. 6th. Lebanese Foreign Minister Gibran Basil has close ties to Iranian-backed extremist Shiites.
On Friday, according to foreign media reports, lithium compound producer Livent announced that it has extended its supply contract with Tesla until 2021. Livent also revealed that it will set up a joint venture to acquire the troubled Nemaska lithium mine project in Canada, which will help the company increase lithium production.
China on Thursday announced new restrictions on entry to the country by travelers from several European countries due to the second wave of coronavirus infections. Many countries have seen their highest number of cases of the entire COVID-19 pandemic, which began in Wuhan, in China’s Hubei province, in October 2019.
Many of the top five companies in Silicon Valley support a Joe Biden win. This is according to donation records compiled by the Center for Responsive Politics, a non-profit organization. The records show that Microsoft, Facebook, Amazon, and Apple are among the top five contributor’s to Biden’s campaign.
Seven members of the pro-democracy opposition in Hong Kong were arrested today for being involved in the clashes in May in the parliament of the Chinese special administrative region, the police announced. “All arrestees are being detained for further inquires. The operation is under way and further arrests may be made,” the police said.
Beijing. Back from work, parking the car. Even the underground parking lot has a chandelier, shedding light on the luxury cars around. Their owners might be executives at different industries. To get to the elevator, people will pass the four-season entrance hall, with tropical plants and a fountain in the middle. The house will be designed in the popular modern Chinese decoration style, outside of whose windows the lake nearby becomes a favorite for birds…
A senior security source in Indonesia said that before US Secretary of State Pompeo visited Indonesia on Thursday (October 29), Indonesia deported three Uyghurs from prison to China. The source said that this action occurred before Pompeo arrived in Indonesia and met with Indonesian President Widodo.