The Philippines and the U.S. conducted joint patrols in the South China Sea to blunt what these countries see as Beijing’s growing assertiveness in the region.
Tag: China
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SPOTLIGHT: CHINA’S ECONOMY
Last month, retail sales in China surged 7.6 percent, the National Bureau of Statistics (NBS) reported, beating a 7-percent gain foreseen in a Reuters survey of economists.
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U.S. CONTINUES EFFORT TO ARM TAIWAN IN ANTICIPATION OF CHINESE INVASION
Just days before a major summit between U.S. President Joe Biden and China’s Xi Jinping in San Francisco, Taiwan admitted that Washington is continuing its effort to pump the island with weapons in hopes of countering a Chinese invasion.
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SPOTLIGHT: CHINA’S ECONOMY
China’s economy will end this year with a 5.4-percent growth rate, the International Monetary Fund (IMF) has projected, increasing its outlook for the country from the 5 percent it had foreseen in its October forecast.
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CHINA CALLS FOR CEASEFIRE IN GAZA AMID HUMANITARIAN CRISIS
Mao Ning, the Chinese Foreign Ministry spokesman, said Monday that the current situation in Gaza is “quite dire” and said Beijing supports “all efforts aimed at de-escalating the conflict and restoring peace” in the coastal city.
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CHINA CONTINUES TO FOSTER TIES WITH LATIN AMERICA, URUGUAY LATEST EXAMPLE
Former diplomats say the U.S. is missing out on what could be strategically important ties in Latin America, as China continues its outreach in the region as the Biden administration struggles with ineffective engagement.
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RUSSIA, CHINA SEE ISRAEL’S RELENTLESS BOMBINGS IN GAZA AS CHANCE TO SHOW WORLD IT’S MORE HUMANE THAN U.S.
Israel’s genocide in Gaza gives Russia and China an opportunity to present themselves to much of the world as countries that stand for peace and human rights—while the U.S. finds itself—once again—marred in a conflict thousands of miles away.
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SPOTLIGHT: CHINA’S ECONOMY
In September, foreign direct investment (FDI) in China totaled about $10 billion, down 34 percent year over year and the biggest decline since at least 2014 when figures first became available, the Financial Times reported.
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CHINA LEADS WORLD’S CENTRAL BANKS TO RECORD GOLD PURCHASES
Central banks around the world bought roughly 800 metric tons of gold this year through September, 14 percent more than during the same period in 2022 to set a new record, according to the World Gold Council, a rate the council called “voracious.”
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BAIDU LAUNCHES RIVAL TO CHATGPT
China’s Baidu, which ranks among the world’s top tech firms and operates the country’s most popular search engine, has launched an AI that it says will pose competition to OpenAI’s iconic ChatGPT.