News about China
Georgian authorities have selected a company to provide school uniforms for hundreds of thousands of students across the country following the reinstatement of a mandatory dress code in public schools.
China is developing a digital payment system to compete with the dollar. The mBridge cross-border payment platform has received support from the central banks of Hong Kong, Thailand, the UAE, and Saudi Arabia. The project aims to reduce dependence on the dollar and strengthen Beijing’s ties with trading partners under the Belt and Road Initiative.
In the UK, researchers have determined how popular kitchen appliances can “work” for China.
The aggressive expansion of Chinese marketplaces has led to a shortage of cargo planes on key global routes.
According to estimates by the analytical firms Vortexa, Kpler, and Energy Aspects, approximately 1 million barrels of oil per day will be drawn from reserves in the coming months.
China’s Hangzhou has a new architectural landmark. The Hangzhou Prism mixed-use complex, an unusual skyscraper 106.5 meters high that offers a fresh take on the usual typology of glass high-rises, has been completed here.
Ahead of the June 18 EU summit, a number of members led by France are pushing for a tougher line on Beijing, warning that Chinese overproduction and cheap exports are undermining the European economy.
The measures were in response to the announcement by Japan and the Philippines to begin negotiations on the delineation of maritime zones east of Taiwan.
Belarus’s partnership with China is reaching a new level – the country intends to double exports and direct investments from China by 2030.
Chisinau is preparing to become a center of attraction for all connoisseurs of Eastern civilization: On June 13, 2026, the capital will host a large-scale event “China Day 2026” (China Day 2026). The event is organized by the Embassy of the People’s Republic of China in the Republic of Moldova and the Mayor’s Office of the capital.
US President Donald Trump, during a meeting with Chinese leader Xi Jinping, urged him to use his influence with Russia to help restart talks between Moscow and Kiev and help end the war in Ukraine.
EU authorities are making vigorous efforts to strengthen technological sovereignty and reduce dependence on external suppliers of critical components.
Prospects for cooperation in areas of mutual interest, such as trade, investments, agriculture, industry, modern technologies, logistics and economic exchanges were discussed during a meeting between the Chamber of Commerce and Industry of Moldova and a delegation of businessmen from China.
An ad seeking shepherds in remote areas in northern China has suddenly gone viral on social media, garnering tens of millions of views and sparking a debate about the state of the country’s labor market.
French luxury department store chain Galeries Lafayette has closed its flagship store in China, admitting: the country’s luxury market is not what it was a decade ago.
Steel remains one of the most important structural materials on the planet. It underpins construction, infrastructure, automotive and industrial production. Therefore, steel-rich nations continue to play a huge role in the global economy.
China is cutting the interest rate on consumer loans to a record low to stimulate the economy. The reduction in borrowing costs comes amid signs that the Chinese economy is slowing after a strong first quarter. Growth slowed across the board in April and the People’s Bank of China (MLF) went for a further cut in May. In May, some banks borrowed under the People’s Bank’s annual medium-term lending facility at a rate of just 1.45%, down 0.05 percentage points from April.
The AI Index 2026 report by Stanford University showed that the technological gap between the leading AI models of the US and China has almost disappeared. At the same time, American companies invest almost 23 times more than Chinese companies in AI development.
Deputy Prime Minister, Foreign Minister Mihai Popşoi held a meeting in Shanghai with the official distributors of Milestii Mici wines, the Shanghai-based company Lanci, during which they discussed the prospects of expanding the export of Moldovan wines to the Chinese market and promoting Moldova’s image through wine products.
U.S. Secretary of State Marco Rubio is making a visit to India from May 23 to 26, a major step in the U.S. effort to strengthen relations with India amid growing rivalry with China.
