Day: December 9, 2023

It also accused the vessel of “deliberately colliding” with a coastguard ship, causing a scratch on the hull. “The responsibility is all on the Philippines”, it stressed. The Philippines rejected China’s account of events, raising “grave concern over the deliberate disinformation” and condemning its “latest unprovoked acts of coercion and dangerous manoeuvres against a legitimate and routine Philippine rotation and resupply mission”. In a statement, the National Task Force of the West Philippine Sea said they were on a routine resupply and rotation mission to the disputed shoal when their…

Kuaishou Technology, operator of one of China’s most popular short video apps, is planning a new round of business reorganisation, according to Chinese media outlet Jiemian, as the Beijing-based firm accelerates its monetisation push after swinging back to profit. The company is looking to change department leadership and restructure some of its current businesses to sharpen their focuses, including the team in charge of the main Kuaishou platform, according to a recent report from Jiemian, an outlet affiliated with state-backed Shanghai United Media Group, citing anonymous sources. Under those plans,…

Watts Dean typifies the American holiday consumer, buying goods that are made-in-wherever. And the ubiquity of such indifference in the States during an especially active shopping season is helping China’s exports to the US hold steady despite years of political and trade frictions. As China looks to shore up economy, geopolitics, US rate cuts weigh on outlook Meanwhile, Chinese exporters are so often using third countries, such as Mexico and Vietnam, to ship goods to the US that it can be hard for consumers to know where an item really…