Tag #China

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abcnews.go.com

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Mar 20, 10:09

Li Ka-shing's Panama Canal Port Sale Angers Beijing

Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings is selling its Panama Canal port assets to a consortium including BlackRock for almost $23 billion, angering Beijing and highlighting the challenges Hong Kong businesses face balancing loyalty to China with capitalist interests.

Li Ka-shing's Panama Canal Port Sale Angers Beijing

Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings is selling its Panama Canal port assets to a consortium including BlackRock for almost $23 billion, angering Beijing and highlighting the challenges Hong Kong businesses face balancing loyalty to China with capitalist interests.

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Decent Work and Economic Growth

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What are the immediate consequences of CK Hutchison's Panama Canal port asset sale for Hong Kong's business environment and its relationship with Beijing?

Li Ka-shing's CK Hutchison Holdings is selling its Panama Canal port assets to a consortium including BlackRock for nearly $23 billion. This deal, while seemingly commercial, has angered Beijing, sparking commentary from state-backed media criticizing Li's perceived lack of national loyalty. The sale excludes ports in Hong Kong or mainland China.

theglobeandmail.com

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Mar 20, 13:16

Canadian Faces Execution in China Amid Diplomatic Tensions

Robert Schellenberg, a Canadian convicted of drug smuggling in China, faces imminent execution following the recent execution of four other Canadians and the rejection of his appeal; his case is seen as politically motivated due to its timing after the arrest of Huawei executive Meng Wanzhou.

Canadian Faces Execution in China Amid Diplomatic Tensions

Robert Schellenberg, a Canadian convicted of drug smuggling in China, faces imminent execution following the recent execution of four other Canadians and the rejection of his appeal; his case is seen as politically motivated due to its timing after the arrest of Huawei executive Meng Wanzhou.

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Peace, Justice, and Strong Institutions

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What is the immediate risk to Robert Schellenberg, and what are the specific implications for Canada-China relations?

Robert Schellenberg, a Canadian, faces imminent execution in China after his death sentence appeal was rejected. Four other Canadians were executed earlier this year, fueling concerns about his fate. His lawyer reports no updates from the Supreme People's Court, which must approve all executions.

forbes.com

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Mar 20, 10:09

Tencent's Q4 2024 Growth Fueled by AI Integration

Tencent reported a strong Q4 2024 with 11% revenue growth (172.4 billion yuan) and a 90% profit increase (51.3 billion yuan), driven by AI integration across its platforms, including potential WeChat transformation into an AI super app, despite competition from Alibaba and ByteDance.

Tencent's Q4 2024 Growth Fueled by AI Integration

Tencent reported a strong Q4 2024 with 11% revenue growth (172.4 billion yuan) and a 90% profit increase (51.3 billion yuan), driven by AI integration across its platforms, including potential WeChat transformation into an AI super app, despite competition from Alibaba and ByteDance.

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Industry, Innovation, and Infrastructure

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What is the primary driver of Tencent's strong Q4 2024 financial results, and what are the immediate implications?

Tencent, a Chinese tech giant, reported a robust 11% year-on-year revenue growth in Q4 2024, reaching 172.4 billion yuan ($24 billion). This surge is attributed to the integration of AI across its platforms, boosting its gaming, advertising, and messaging services. Profit also increased significantly, up 90% year-on-year to 51.3 billion yuan.

forbes.com

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Mar 20, 22:10

US Government Budget Cuts Threaten Innovation Leadership

The US government's funding of basic scientific research, crucial for innovations like the internet and iPhone, is at risk due to proposed budget cuts, potentially impacting US global leadership in innovation and economic competitiveness as other countries increase their research spending.

US Government Budget Cuts Threaten Innovation Leadership

The US government's funding of basic scientific research, crucial for innovations like the internet and iPhone, is at risk due to proposed budget cuts, potentially impacting US global leadership in innovation and economic competitiveness as other countries increase their research spending.

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What is the immediate impact of decreased US government funding for basic scientific research on American innovation and global competitiveness?

The US government funds a significant portion of American innovation, as seen in the development of the iPhone and the internet, both reliant on federally funded research. Budget cuts risk hindering future innovations by reducing funding for crucial research programs like those at NASA and the NSF.

africa.chinadaily.com.cn

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Mar 20, 07:13

China's Real Estate Market Poised for 2025 Recovery

Despite international and internal challenges, China's real estate market is expected to rebound in 2025 due to increased domestic consumption and the rise of new quality productive forces, particularly in technology sectors, leading to higher demand in residential, office, and warehouse spaces; hom...

China's Real Estate Market Poised for 2025 Recovery

Despite international and internal challenges, China's real estate market is expected to rebound in 2025 due to increased domestic consumption and the rise of new quality productive forces, particularly in technology sectors, leading to higher demand in residential, office, and warehouse spaces; hom...

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What are the key drivers of the projected recovery in China's real estate market in 2025?

China's real estate market is projected to recover in 2025, driven by increased domestic consumption and technological advancements. New quality productive forces and consumption upgrades are expected to balance supply and demand, leading to a narrowing decline in housing sales, particularly in first-tier cities. Home prices in major cities show signs of stabilization, with average new home prices rising 2.73 percent year-on-year in February.

africa.chinadaily.com.cn

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Mar 20, 07:13

Growth in China's Machine Tool Industry Driven by Domestic Demand and Rising Exports

Increased demand from China's high-tech sectors, government policies supporting equipment upgrades, and rising exports are driving growth in China's machine tool industry, with the sector expected to maintain a relatively stable overall operation this year, although some segments will undergo adjust...

Growth in China's Machine Tool Industry Driven by Domestic Demand and Rising Exports

Increased demand from China's high-tech sectors, government policies supporting equipment upgrades, and rising exports are driving growth in China's machine tool industry, with the sector expected to maintain a relatively stable overall operation this year, although some segments will undergo adjust...

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Industry, Innovation, and Infrastructure

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What are the primary factors driving the growth of China's machine tool industry, and what are the immediate consequences?

China's machine tool industry is experiencing growth driven by increased demand from sectors like new energy vehicles and AI, along with government policies boosting equipment upgrades and trade-in programs. This growth is expected to be relatively stable, although some segments, like abrasive tools, may face adjustments. Exports are a significant contributor to this expansion.

repubblica.it

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Mar 20, 13:16

EU Investigates Chinese Subsidies for BYD's Hungarian Electric Vehicle Plant

The European Union is investigating potential illegal Chinese subsidies to BYD's €4 billion electric vehicle factory in Hungary, scheduled for 2025 launch, potentially escalating tensions with China and impacting Hungary's economic relations with the EU.

EU Investigates Chinese Subsidies for BYD's Hungarian Electric Vehicle Plant

The European Union is investigating potential illegal Chinese subsidies to BYD's €4 billion electric vehicle factory in Hungary, scheduled for 2025 launch, potentially escalating tensions with China and impacting Hungary's economic relations with the EU.

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What are the immediate consequences of the EU's investigation into BYD's Hungarian plant, and how will this affect EU-China relations?

The European Union launched an investigation into BYD's Hungarian electric vehicle factory, suspecting unjustified Chinese subsidies. This move follows the EU's imposition of tariffs on Chinese electric cars and could increase tensions with China. The factory, planned to open in 2025, represents a significant investment of €4 billion and will create up to 10,000 jobs.

french.china.org.cn

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Mar 20, 13:16

Foreign Financial Institutions Launch Operations in Shanghai, Signaling China's Financial Reform Progress

On Wednesday, four foreign financial institutions, including BNP Paribas's wholly-owned securities brokerage firm with 1.1 billion yuan in registered capital, launched operations in Shanghai, marking increased foreign investment and aligning with China's financial reforms to establish Shanghai as a ...

Foreign Financial Institutions Launch Operations in Shanghai, Signaling China's Financial Reform Progress

On Wednesday, four foreign financial institutions, including BNP Paribas's wholly-owned securities brokerage firm with 1.1 billion yuan in registered capital, launched operations in Shanghai, marking increased foreign investment and aligning with China's financial reforms to establish Shanghai as a ...

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How do these developments align with China's broader financial reform policies and its stated goals for international cooperation?

This collective launch highlights the long-term commitment of foreign investors to the Chinese market amidst ongoing financial reforms. The establishment of these firms, including the reinsurance platform, aligns with China's policy to make Shanghai a globally competitive reinsurance center, boosting international collaboration and risk management.

lemonde.fr

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Mar 20, 19:17

US-Europe Strategy Shift: Prioritizing China Over Russia

The US and Europe's concern over Russia's alliance with China is analyzed, highlighting China's superior economic and technological capabilities and Russia's recent war of aggression, suggesting a shift in strategy towards directly countering China.

US-Europe Strategy Shift: Prioritizing China Over Russia

The US and Europe's concern over Russia's alliance with China is analyzed, highlighting China's superior economic and technological capabilities and Russia's recent war of aggression, suggesting a shift in strategy towards directly countering China.

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Peace, Justice, and Strong Institutions

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How do the relative economic and military capabilities of China and Russia influence the optimal approach to counter their potential combined influence?

Some now suggest appeasing Russia, pressuring Ukraine for peace, and even inviting Russia back into the G7—ostensibly to focus on countering China, which US leaders see as the sole competitor with the intent and growing power to reshape the world order. This ignores China's vastly superior economic and technological capabilities compared to Russia.

africa.chinadaily.com.cn

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Mar 20, 07:13

Chongqing Employment Fair Offers "Mother-Friendly" Jobs to Boost Fertility

A recent Chongqing employment fair offered over 2,000 "mother-friendly" jobs, enabling women with childcare responsibilities to re-enter the workforce, reflecting a broader Chinese initiative to combat declining birth rates.

Chongqing Employment Fair Offers "Mother-Friendly" Jobs to Boost Fertility

A recent Chongqing employment fair offered over 2,000 "mother-friendly" jobs, enabling women with childcare responsibilities to re-enter the workforce, reflecting a broader Chinese initiative to combat declining birth rates.

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Gender Equality

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How do "mother-friendly" jobs address both the needs of mothers and the challenges faced by businesses?

The Chongqing employment fair exemplifies a national effort to create a "fertility-friendly society" by supporting mothers' re-entry into the workforce. Over 6,100 jobs have been provided to mothers in Shapingba district alone this year, highlighting the scale of the initiative. The program addresses both economic needs of families and structural labor shortages.

africa.chinadaily.com.cn

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Mar 20, 07:13

Team China Seeks World Cup Qualification in Crucial Match Against Saudi Arabia

Team China, ranked last in its 2026 FIFA World Cup qualifying group C, plays host Saudi Arabia on Thursday, aiming to improve its six-point standing and qualify for the tournament in the US, Canada and Mexico; a win could significantly impact qualification chances.

Team China Seeks World Cup Qualification in Crucial Match Against Saudi Arabia

Team China, ranked last in its 2026 FIFA World Cup qualifying group C, plays host Saudi Arabia on Thursday, aiming to improve its six-point standing and qualify for the tournament in the US, Canada and Mexico; a win could significantly impact qualification chances.

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What is the immediate impact of the upcoming match between Team China and Saudi Arabia on China's chances of qualifying for the 2026 World Cup?

Team China, currently at the bottom of its World Cup qualifying group, faces Saudi Arabia on Thursday. A strong training camp and the addition of naturalized Brazilian midfielder Serginho boost their chances. The match's outcome significantly impacts China's qualification hopes, despite three games remaining.

theglobeandmail.com

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Mar 20, 01:12

Saskatchewan Budget Projects Surplus Despite Tariff Risks

Saskatchewan's 2025-26 budget projects a $12 million surplus, but faces a potential $1 billion deficit due to US and Chinese tariffs; the budget includes increased spending in health and education, but lacks a contingency fund for tariffs, prompting criticism.

Saskatchewan Budget Projects Surplus Despite Tariff Risks

Saskatchewan's 2025-26 budget projects a $12 million surplus, but faces a potential $1 billion deficit due to US and Chinese tariffs; the budget includes increased spending in health and education, but lacks a contingency fund for tariffs, prompting criticism.

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What is the primary economic risk facing Saskatchewan's projected budget surplus, and what are its potential immediate consequences?

Saskatchewan projects a $12 million surplus for 2024-25, but this is threatened by potential billion-dollar losses from US and Chinese tariffs. The budget includes increased spending in health care and education, fulfilling election promises but neglecting a contingency fund for tariff impacts. Failure to address tariff risks could lead to a deficit.

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