Instead, she now spends more time reading and weaving. She has also started selling her handmade products at a local market, which brings in extra cash. More importantly, Ms Wen says, this has helped her shift towards a minimalist lifestyle, which she appreciates more. BBC
washington — The Biden administration is not taking any options off the table to respond to China’s excess industrial capacity, which is a top concern for the U.S. and its allies, U.S. Treasury Secretary Janet Yellen told Reuters on Thursday. China exporting its way to full employment is not acceptable to the rest of the world, Yellen said in a Reuters Next interview in Washington. Yellen said that during her trip to China earlier this month, she was “successful” in raising U.S. concerns with Chinese officials about Beijing flooding global…
District Court Judge Ernest Lin Kam-hung had said in sentencing that John “distorted history, demonised the Chinese government, and appealed to foreign countries to destroy Hong Kong and China”. President of dissolved Hong Kong party jailed for 5 years for conspiracy offence In a non-binding urgency resolution that was adopted by a show of hands during the last sitting of EU lawmakers before elections in June, members urged the Hong Kong government “to immediately and unconditionally release” John along with other detainees including democracy activist Andy Li and newspaper publisher…
“We’ve had intensive discussions with the Chinese about this. I think they understand our position, and it is a tool that’s available,” she said. In December, US President Joe Biden signed an executive order giving the US Treasury authority to sanction foreign banks that facilitate the flow of military goods to Russia. More recently, Washington was weighing sanctions against Chinese banks to help US Secretary of State Antony Blinken – now visiting China from Wednesday to Friday – persuade Beijing to halt commercial support for Russia’s military production, according to…
Russian President Vladimir Putin said on Thursday he plans to visit China in May, his first planned trip abroad since re-election as Moscow seeks deeper ties with Beijing. The West has viewed Russia and China with increased anxiety over the past two years as they boost military cooperation and seek to expand their global influence. “A visit in May is planned,” Putin said at a business forum in Moscow, without providing further detail. The Russian leader last visited China in October 2023. Days before Russia launched its full-scale military assault…
China launched a three-member crew to its orbiting space station on Thursday as part of its ambitious program that aims to put astronauts on the moon by 2030. The Shenzhou-18 spacecraft lifted off from the Jiuquan Satellite Launch Center on the edge of the Gobi Desert in northwestern China atop a Long March 2-F rocket at 8:59 p.m. (1259 GMT). The spacecraft’s three-member crew will relieve the Shenzhou-17 team, which has been staffing China’s Tiangong space station since last October. The China Manned Space Agency, or CMSA, held a send-off…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is pushing allies in Europe and Asia to tighten restrictions on exports of chip-related technology and tools to China amid rising concerns about Huawei’s development of advanced semiconductors. Washington wants Japan, South Korea and the Netherlands to use existing export controls more aggressively, including stopping engineers from their countries servicing chipmaking tools at advanced semiconductor fabs in China, according to five people familiar with the conversations. The Biden…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Chip War’ With recent multi-billion-dollar grants to Intel, TSMC, Samsung, and Micron, the US government has now spent over half its $39bn in Chips Act incentives. In so doing it has driven an unexpected investment boom. Chip companies and supply chain partners have announced investments totalling $327bn over the next 10 years, according to Semiconductor Industry Association calculations. US statistics show a stunning 15-fold…
By comparison, Abel said that “during the pandemic the port was still running but on major restrictions. This incident has caused a standstill.” 02:37 Six presumed dead after Singapore-flagged cargo ship topples Baltimore bridge Six presumed dead after Singapore-flagged cargo ship topples Baltimore bridge Last week, salvage crews managed to remove a massive piece of steel from the bridge wreckage but thousands of tons of twisted metal and concrete debris still remain on the ship’s deck since the crash. As of April 19, some 120 containers had been taken off…
JIUQUAN SATELLITE LAUNCH CENTER, China — China launched a three-member crew to its orbiting space station on Thursday as part of its ambitious program that aims to put astronauts on the moon by 2030. The Shenzhou-18 spacecraft lifted off from the Jiuquan Satellite Launch Center on the edge of the Gobi Desert in northwestern China atop a Long March 2-F rocket at 8:59 p.m. (1259 GMT). The spacecraft’s three-member crew will relieve the Shenzhou-17 team, which has been staffing China’s Tiangong space station since last October. The China Manned Space…