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BEIJING, China (AFP) — Hundreds of thousands of people were under lockdown in a small Chinese city Tuesday after just one case of Covid-19 was detected, as Beijing’s strict no-tolerance virus strategy showed no sign of abating. China is the last major economy glued to a zero-Covid policy, crushing new outbreaks with snap lockdowns, forced quarantines and onerous travel curbs despite mounting public fatigue and damage to the economy. Authorities in several regions have imposed […]
BEIJING, China (AFP) — Customers of rural Chinese banks whose withdrawals have been frozen will begin to get some of their money back Friday, regulators said, after depositors clashed with authorities at a rare protest over the weekend. China’s rural banking sector has been hit hard by Beijing’s efforts to rein in a property bubble and spiralling debt, in a financial crackdown that has had ripple effects across the world’s second-largest economy. Four banks in […]
HONG KONG, China (AFP) — Asian markets and oil prices fell Monday with a fresh Covid flare-up in Shanghai fanning fears of another economically painful lockdown in China’s biggest city. The news came after a forecast-busting US jobs report last week indicated the world’s top economy was coping so far with the Federal Reserve interest rate hikes, giving it room for more as it battles soaring inflation. Traders are also keeping tabs on developments […]
BEIJING, China (AFP) — Members of a “criminal gang” accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked violent clashes between customers and authorities. Hit hard by the country’s economic slowdown, four banks in Henan province have since mid-April frozen all cash withdrawals, leaving thousands of small savers without funds and sparking sporadic demonstrations. In one of the largest such rallies yet, hundreds […]
by Shaun Tandon Agence France-Presse BALI, Indonesia (AFP) — The top Russian and US envoys gathered on Friday for a Group of 20 foreign ministers meeting in Indonesia, with the host immediately telling them the Ukraine war must end and differences be resolved through negotiations. US Secretary of State Antony Blinken and Russian counterpart Sergei Lavrov joined their colleagues for the start of day-long talks, with Washington seeking to gain support from the world’s top […]
BALI, Indonesia (AFP) — Australia will press China to end trade “blockages” Friday as the two nations seek to defrost icy relations with their first foreign ministers’ meeting since 2019. Foreign Minister Penny Wong said she aimed to “stabilize” relations when she meets with Chinese Foreign Minister Wang Yi later in the day on the sidelines of a Group of 20 meeting in Bali, Indonesia. “We all know we have our differences. There are challenges […]
BALI, Indonesia (AFP) — Indonesia called Friday for an end to the war in Ukraine as it led a Group of 20 meeting attended by Russia’s foreign minister. “It is our responsibility to end the war sooner than later and settle our differences at the negotiating table, not the battlefield,” Indonesian Foreign Minister Retno Marsudi said at the opening of the meeting in Bali. She said that the world was just recovering from the Covid-19 […]
BALI, Indonesia (AFP) — Chinese Foreign Minister Wang Yi met Russian counterpart Sergei Lavrov in Bali Thursday to discuss Moscow’s invasion of Ukraine ahead of a G20 ministerial meeting overshadowed by the war. The pair were pictured holding a bilateral meeting on the Indonesian resort island as the world’s top economies gather to discuss the most pressing global issues on Friday, with the Ukraine war at the top of the agenda. Despite criticism, Beijing […]
SYDNEY, Australia (AFP) — The UN Security Council has failed in its response to Russia’s invasion of Ukraine, New Zealand’s Prime Minister Jacinda Ardern said Thursday, describing Moscow’s role as “morally bankrupt.” Ardern, who has long argued against the Security Council veto powers held by the five permanent members Britain, China, France, Russia and the United States, reiterated her call for reform of the body. The UN’s “failure” over Ukraine was caused by Russia’s position […]
by Sean Chang Agence France-Presse NEW TAIPEI CITY, Taiwan (AFP) — Dressed in military camouflage with an assault rifle at the ready, “Prof” Yeh peers from behind a vehicle in a parking lot outside Taipei, scanning his surroundings and waiting for a signal to advance. Yeh actually works in marketing, and his weapon is a replica — but he is spending the weekend attending an urban warfare workshop to prepare for what he sees as […]
China’s top diplomat extends Pres. Xi’s greetings to PBBM (Eagle News) – Chinese Foreign Minister Wang Yi paid a courtesy call on Philippine president Ferdinand Marcos Jr., on Wednesday, July 6, extending to him the message of congratulations of Chinese president Xi Jinping. China’s top diplomat wore a barong Tagalog when he visited Malacanang for his courtesy call on President Marcos Jr. President Marcos said that they discussed several matters including the commitment to […]
BEIJING, China (AFP) — Tens of millions of people were under lockdown in China on Wednesday as businesses in a major tourist city were forced to shut their doors and fresh clusters sparked fears of a return to blanket restrictions. Health authorities reported over 300 infections Wednesday, with clusters found in the historic northern city of Xi’an — home to the Terracotta Army — as well as the country’s biggest city Shanghai. The fresh […]
