China: Daily Scan, September 20, 2021
Kota Mallikarjuna Gupta, Research Associate, VIF
China's anti-graft chief stresses high-quality discipline inspection: Xinhuanet
September 18, 2021

China's top anti-graft official stressed efforts to advance the high-quality development of discipline inspection and supervision work. Zhao Leji, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Central Commission for Discipline Inspection, delivered the remarks amid an inspection tour to north China's Inner Mongolia Autonomous Region from Wednesday to Friday.
Click here to read...

Premier pledges action to stabilize commodity prices: China Daily
September 20, 2021

Premier Li Keqiang has pledged to adopt steps that are in keeping with market principles to stabilize the price of bulk commodities, saying that the nation would roll out tailored macro policies focusing on the demand of market players and keeping its economic performance within a proper range.

Click here to read...

China leads global 6G patent applications: China Daily
September 17, 2021

China has taken a leading role in 6G patent applications in the world, outweighing the US and Japan, according to Nikkei Asia on Thursday. China's 6G patent applications account for 40.3 percent of the world total, crowning the list of global 6G patent filings, said a survey conducted by Nikkei in partnership with Tokyo-based research company Cyber Creative Institute.
Click here to read...

Xi urges eradication of terrorism forces in Afghanistan: Global Times
September 17, 2021

Chinese President Xi Jinping on Friday called for efforts to promote the steady transition of the Afghan situation as soon as possible, engage Afghanistan in dialogue, and help the Afghan people tide over their difficulties. Xi made a three-point proposal in Beijing at a joint summit of the leaders of the Shanghai Cooperation Organization (SCO) and the Collective Security Treaty Organization (CSTO) member states on the Afghan issue by video link.

Click here to read...

China strongly condemns explosive attack at its Consulate General in Brazil, urges thorough probe: Global Times
September 18, 2021

The Chinese Consulate General in Rio de Janeiro, Brazil, on Friday severely condemned the attack that happened on Thursday in which a man threw an explosive at the consulate general, causing damage to some buildings but no injuries. In a statement released on its official website, the Chinese Embassy and Consulate in Brazil said it is in close communication with Brazilian authorities and that it has called for a thorough investigation into the attack and the arrest and punishment of the culprit, and that appropriate measures be implemented to prevent similar accidents from happening again.
Click here to read...

Wikipedia’s neutrality ‘hugely impaired’ after ban on Chinese mainland users, says WMC insider: Global Times
September 18, 2021

The Wikimedians of Mainland China (WMC), a Wikipedia-editing enthusiast group from the Chinese mainland, hit back against the Wikimedia Foundation after a number of the group's leading members were banned or deprived of administrative rights by the foundation. An insider of the volunteer-led group, who requested to be anonymous, told the Global Times on Thursday that the "office action" of the foundation has "significantly changed" the "political landscape" of Chinese language Wikipedia, and "hugely impaired" the neutrality of Wikipedia, the free online encyclopedia that is edited by volunteers and hosted by the Wikimedia Foundation.
Click here to read...

China urges World Bank to conduct full probe in issues related to business report: Global Times
September 17, 2021

China's Foreign Ministry on Friday called on the World Bank to conduct a full investigation into relevant issues to protect both the credibility of its business environment report and reputation of its members, after the World Bank ended its "Doing Business" report citing "data irregularities." The World Bank canceled the report rating the business environment in countries, after US media reports suggested that an investigation concluded that senior bank management pressured staff to alter data affecting the ranking of China and other nations.

Click here to read...

Chinese lenders ‘reluctant’ to offer African countries further debt relief: South China Morning Post
September 20, 2021

Chinese lenders may not be willing to throw good money after bad and have reportedly declined to approve a further freeze on debt repayment for some countries. China, the largest bilateral lender in Africa, has said its commercial lenders should not be forced to provide debt relief and criticised the International Monetary Fund and the World Bank for not doing enough to ease the debt burden.

Click here to read...

Chinese military steps up night drills and brings in more advanced equipment close to Indian border: South China Morning Post
September 19, 2021

The Chinese military’s Western Theatre Command has introduced more night drills for units stationed near the Himalayan border as it seeks to familiarise its troops with new-generation weapons and equipment. Since the start of the autumn, several forces in the Xinjiang military district have been carrying out night battle drills at altitudes of around 5,000 metres (16,400 feet), according to the military newspaper PLA Daily.

Click here to read...

As Evergrande totters, cracks in stressed Chinese developers widen as rating outlook dims and borrowing costs jump: South China Morning Post
September 20, 2021

China Evergrande Group’s liquidity crunch is stoking concerns other developers may also feel the squeeze from higher borrowing costs as lenders turned more cautious about the nation’s weakest borrowers. The effective yield on bonds sold by Chinese junk-rated companies, a measure of funding cost, jumped last week to 15.8 per cent, according to an index compiled by Intercontinental Exchange, up from 10.5 per cent on June 30. The 226 bonds in the index, dominated by property names, have lost 7.4 per cent on average this month, taking the decline this year to 15.4 per cent.

Click here to read...

China losing battle to sell ‘win-win’ deals to Congolese: Taipei Times
September 19, 2021

Much has ground to a halt during the COVID-19 pandemic, but not the march of Sino-Congolese friendship, or so the Chinese embassy in Kinshasha is keen to show, amid growing scrutiny of Beijing’s activities in the mineral-rich nation. On the Boulevard Triomphal in Kinshasa, opposite the People’s Palace, work is still under way on the gigantic Central African Cultural and Arts Centre — a fact that the Chinese embassy took to social media to highlight.
Click here to read...

Contact Us