China

BEIJING (AP) — China’s exports rose by double digits in November but growth declined, while imports accelerated in a sign of stronger domestic demand.

Exports rose 21.4% over a year earlier to $325.5 billion, decelerating from October’s 27.1% growth, customs data showed Tuesday. Imports surged 31.7% to $253.8 billion, up from the previous month’s 20.6% rate.

China’s exports have been boosted by foreign demand at a time when other global competitors are hampered by anti-coronavirus controls.

BEIJING, Dec. 5 (Xinhua) -- As a firm practitioner of financial opening-up, China has made its propositions on widening its opening-up amid closer regional financial cooperation in Asia to promote sustainable economic recovery of the region.

Speaking at the Asian financial summit forum recently, Zhou Liang, vice chairman of the China Banking and Insurance Regulatory Commission, has expounded on the importance and the measures of enhancing regional financial cooperation as well as China's future move to deepen financial opening-up.

HONG KONG (AP) — China’s largest e-commerce group Alibaba said Monday it is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regulatory crackdown in the technology industry.

The company said in a statement Monday that Toby Xu will succeed Maggie Wu as its new CFO from April 1, 2022. Xu joined Alibaba from PricewaterhouseCoopers three years ago and was appointed deputy group CFO in July 2019.

BEIJING, Dec 5 (APP): India has always been a trouble for China, its other neighboring countries and regional peace and stability. Therefore, India is a regional troublemaker.

Over the years, China has been releasing goodwill to India, so has Pakistan been. However, India’s asking price ranks higher and higher.

BEIJING, Dec 5 (APP): Indian security forces not only slaughter thousands of Kashmiri people in Indian Illegally Occupied Jammu and Kashmir (IIOJ&K), but also indiscriminately kill innocent people in the northeast and many other areas, constantly creating new “miracles” in human rights violations.

BEIJING, Dec. 5 (Xinhua) -- A crucial step has been taken in addressing the recent default of property developer China Evergrande Group after Guangdong provincial government held a regulatory talk with its chairman and agreed to send a working group to the company.

BEIJING (AP) — China’s Communist Party took American democracy to task on Saturday, sharply criticizing a global democracy summit being hosted by President Joe Biden next week and extolling the virtues of its governing system.

Party officials questioned how a polarized country that botched its response to COVID-19 could lecture others, and said that efforts to force others to copy the Western democratic model are “doomed to fail.”

Beijing, Dec 4 (AP) China's Communist Party took American democracy to task on Saturday, sharply criticising a global democracy summit being hosted by President Joe Biden next week and extolling the virtues of its governing system.

Party officials questioned how a polarised country that botched its response to COVID-19 could lecture others and said that efforts to force others to copy the Western democratic model are doomed to fail.

BEIJING (AP) — China and the United States are tussling over President Joe Biden’s upcoming democracy summit, which the ruling Communist Party sees as a challenge to its authoritarian ways.

The party maintains China has its own form of democracy and plans to issue a report titled “China: Democracy that Works” on Saturday, five days before the opening of Biden’s two-day virtual meeting with about 110 other governments.

BEIJING, Dec 2 (APP): Prime Minister Imran Khan’s positive remarks on China-Pakistan Economic Corridor (CPEC) fully demonstrated that Pakistan attached high importance to friendship between the two countries and a comprehensive cooperation, Chinese Foreign Ministry Spokesperson Wang Wenbin said on Thursday.