Reuters
China may be running out of retaliatory steps that it can afford to take against Australia after cutting off communications on economic affairs with its key commodity supplier this month.
On May 6, China s top planning agency announced that it had suspended all contacts under its bilateral Strategic Economic Dialogue with Australia indefinitely. Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the normal exchanges and cooperation between China and Australia out of Cold War mindset and ideological discrimination, the National Development and Reform Commission (NDRC) said in a statement.
China s Ministry of Commerce adviser Mei Xinyu blamed the cutoff on the wildness of Australian politicians, while Foreign Ministry spokesman Wang Wenbin cited an insane suppression targeting China-Australia cooperation, the
From:ChinaDaily | 2021-05-11 10:12
Domestic brands growing in favor among consumers
China s textile and apparel companies are set to embrace new growth opportunities as domestic consumers increasingly favor homegrown brands, said industry experts.
They said Chinese enterprises are poised to do well in part because of their relatively high production efficiency and manufacturing skills, and it s time for the country to move on to the next step in upgrading industries and developing strong homegrown brands capable of competing on the global stage.
The comments came amid claims by major global retail giants including H&M and Nike that they have chosen to not source cotton from the Xinjiang Uygur autonomous region due to alleged uses of forced labor －claims that have provoked outrage among the Chinese people.
A Chinese senior citizen surnamed Liu was recently surprised by the convenience of digital RMB, or e-CNY, during a visit to Bo’ao, south China’s Hainan province. He told People’s Daily that he bumped into a digital RMB promotional activity in the city that was piloting e-currency, and finished payment by simply placing his smartwatch on […]
China has accused the Australia of insane suppression and cut off all economic talks after Victoria s Belt and Road deal was torn up.
China s Ministry of Commerce in Beijing Mei Xinyu blamed the deteriorating relationship on the wildness of Australian politicians . I cannot predict what further wild things the Australian side will do, he said.
Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a Cold-War mentality and ideological bias towards China.
Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a Cold-War mentality and ideological bias towards China
The dialogue was created in 2014 as a way for Australian politicians to meet with Chinese officials and discuss investment and trade deals - though it had begun to deteriorate after the last meeting was held in 2017
Facing Criticism In Xinjiang - China Moves On Pigs And Retail forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.