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China says 'illegal' outbound investment crackdown won't lead to forced liquidation

China says 'illegal' outbound investment crackdown won't lead to forced liquidation

June 8 (Reuters) - China's crackdown on "illegal" cross-border investment won't lead to mainlanders' offshore accounts being closed and assets liquidated forcibly, the securities regulator said, amid investor concerns over the fate of $54 billion worth of assets.

Nicaragua's Authoritarian Ties with China and Russia Raise Concerns Over Sovereignty and Economic Stability

Nicaragua's Authoritarian Ties with China and Russia Raise Concerns Over Sovereignty and Economic Stability

Nicaragua has been strengthening its ties with China and Russia, raising concerns about its sovereignty and economic stability. The regime of co-presidents Daniel Ortega and Rosario Murillo has secured significant loans from Chinese companies, totaling over $1.4 billion between 2023 and 2025. These funds have been used to finance projects like the Nicaragua Digital Connectivity Project, which involves building a Huawei-equipped 4G network. This project effectively grants control of the country's digital communications network to China. Additionally, the Nicaraguan government has passed laws that allow for increased control over telecommunications and cyber activities, including the General Law on Convergent Telecommunications and the expansion of the Special Law on Cybercrimes. These developments have been accompanied by extensive mining concessions to Chinese companies, covering a significant portion of Nicaragua's territory.

Chinese military hovered as global executives flocked to Taiwan tech show

Chinese military hovered as global executives flocked to Taiwan tech show

By Ben Blanchard, Max A. Cherney and Wen-Yee Lee TAIPEI, June 8 (Reuters) - As AI heavyweights including Nvidia, Intel and SK Group last week championed Taiwan's significance as a crucial hub for the global supply chain, a hostile exchange with China was brewing at sea.

China's Travel Tourism Sector Set for Global Leadership with Strategic Growth

China's Travel Tourism Sector Set for Global Leadership with Strategic Growth

China's Travel & Tourism (T&T) sector is experiencing rapid growth, positioning the country to become the world's leading economy in this sector. According to the World Travel & Tourism Council (WTTC), China's T&T sector grew by 9.9% in 2025, reaching $1.8 trillion. The sector is projected to double to $3.5 trillion by 2036. This growth is driven by policy reforms, technological innovations, and infrastructure investments. China has implemented visa facilitation measures, biometric systems, and digital payment platforms to enhance the visitor experience. The country is also investing in air connectivity and high-speed rail infrastructure to improve accessibility and distribute tourism flows more evenly.

China to tighten oversight of private investment funds

China to tighten oversight of private investment funds

BEIJING/SHANGHAI, June 5 (Reuters) - China on Friday tightened oversight of the country's 23 trillion yuan ($3.40 trillion) private fund industry, in a bid to reduce financial risks and channel money into technology innovation and emerging industries.

China's Humanoid Robot Market Faces Demand Challenges Despite Production Capacity

China's Humanoid Robot Market Faces Demand Challenges Despite Production Capacity

China's Humanoid Robot Market Faces Demand Challenges Despite Production Capacity

Sika targets growth from China renovation market, global data centres

Sika targets growth from China renovation market, global data centres

June 5 (Reuters) - Sika sees growth opportunities in China's renovation market and infrastructure construction in the U.S., the Swiss construction chemicals manufacturer's CEO Thomas Hasler said in an interview with Finanz und Wirtschaft published on Friday.

China Imposes 55% Tariff on Australian Beef Amid Export Quota Exceedance

China Imposes 55% Tariff on Australian Beef Amid Export Quota Exceedance

China is set to impose a 55% tariff on Australian beef imports as the country has exceeded its export quota of 205,000 tonnes for the year. This move is part of China's strategy to protect its local farmers by limiting imports. The quota, which is about one-third lower than the previous year's total imports, was quickly approached by Australia, with 90% of the quota already reached. The tariff is expected to significantly impact Australian beef exports to China, which have been popular in Chinese restaurants and high-end supermarkets. This development comes as the United States plans to impose a 12.5% tariff on Australian imports, citing Australia's failure to prevent the importation of goods made with forced labor.

Rep. Fitzgerald Supports Legislation to Enhance U.S. Agriculture and National Security

Rep. Fitzgerald Supports Legislation to Enhance U.S. Agriculture and National Security

Congressman Scott Fitzgerald has voted in favor of H.R. 8646, the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2027. This legislation aims to bolster America's food security by prioritizing farmers, ranchers, and rural communities. The bill focuses on strengthening the food supply chain, investing in rural infrastructure, and enhancing agricultural research and food safety inspections. Additionally, it seeks to mitigate foreign influence in U.S. agriculture by increasing oversight of foreign-owned farmland, particularly from adversarial nations like China.

Xi Jinping to Visit North Korea, Strengthening Ties Amid Nuclear Tensions

Xi Jinping to Visit North Korea, Strengthening Ties Amid Nuclear Tensions

Chinese leader Xi Jinping is set to visit North Korea next week, marking his first trip to the country in nearly seven years. This visit is part of China's efforts to reinforce its relationship with North Korea, a nuclear-armed neighbor. North Korean leader Kim Jong Un has been strengthening ties with Russia, but has also sought to improve relations with China, its largest trading partner and aid provider. The visit comes shortly after North Korea unveiled a new facility believed to be for uranium enrichment, signaling its intent to bolster its nuclear capabilities. Xi's visit aims to advance bilateral ties and promote regional peace and stability.

North Korean Leader Kim Jong Un Showcases New Warship Ahead of Xi Jinping's Visit

North Korean Leader Kim Jong Un Showcases New Warship Ahead of Xi Jinping's Visit

North Korean leader Kim Jong Un has showcased a new warship, the 5,000-ton destroyer Kang Kon, during sea trials. This event comes ahead of a scheduled visit by Chinese leader Xi Jinping. The warship, which was repaired after a failed launch last year, is part of North Korea's efforts to expand its military capabilities, particularly its naval forces. Kim Jong Un emphasized the importance of rapidly developing naval forces to enhance the country's nuclear deterrent capabilities. The visit by Xi Jinping is seen as a move to strengthen ties between China and North Korea, especially in light of North Korea's recent unveiling of a new uranium-enrichment facility.

Putin Emphasizes Trust with Xi Amidst Ongoing Ukraine Conflict

Putin Emphasizes Trust with Xi Amidst Ongoing Ukraine Conflict

Russian President Vladimir Putin has expressed strong personal ties with Chinese President Xi Jinping, referring to him as an 'old friend' during a recent event. This statement comes in the context of ongoing geopolitical tensions, particularly the war in Ukraine. Putin's remarks were made at the St. Petersburg International Economic Forum, where he highlighted the close cooperation between Russia and China. The two nations have aligned their diplomatic efforts to promote a multipolar world order, contrasting with what they describe as a U.S.-led hegemony. China has played a crucial role in supporting the Russian economy, especially since the onset of the Ukraine conflict, by increasing trade and importing discounted Russian gas. This relationship has been bolstered by historical agreements, such as the 2001 Treaty of Good-Neighborliness and Friendly Cooperation.