CHINA TOPIX

05/16/2024 10:44:20 pm

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Hong Kong Electoral Proposal

After the Failure of Pro-Beijing Democratic Proposal, What's Next for Hong Kong?

Pro-democracy lawmakers in Hong Kong's legislature have voted against a proposed electoral reform - backed by Beijing - that would have allowed voters to appoint their next Chief Executive and Legislative Council. Last year, thousands of protesters thronged to the streets to express their disapproval for the electoral proposal, but China's government did not make any concessions. Now, shortly after lawmakers in Hong Kong vetoed the bill, the National People's Congress (NPC) has declared that it will continue to uphold the proposal as the roadmap to universal suffrage in the island.

China-Taiwan

China to Relax Entry Requirements for Taiwanese Visitors From July 1st

In a display of goodwill, the government of China has removed some of the entry requirements for Taiwanese citizens to enter the mainland.

Yuan, IMF, SDR,

Will the IMF Grant the Renminbi Special Drawing Rights Status?

Since the beginning of the month, a team of experts from the International Monetary Fund (IMF) have been in China to assess whether the yuan should finally be added to the organization's basket of currencies with Special Drawing Rights (SDR). While the government and central bank officials have expressed optimism about the prospects of the renminbi's inclusion, the questions remains about whether the currency will meet the IMF's requirements to be included in its SDR basket this time around.

Cuba-China

China-Cuba Relations Strengthened by Gen. Fan Changlong's Visit

The diplomatic and military ties between China and Cuba have been strengthened by the visit of General Fan Changlong, the Vice Chairman of China's Central Military Commission, to the island nation. Since the beginning of the week, Raul Castro, Army General and President of the Councils of State and Ministers of Cuba, has hosted Gen. Fan and his delegation of senior Chinese military officials, who are visiting the Caribbean nation on the invitation of Cuba's Ministry of the Revolutionary Armed Forces (FAR).

China Economy

China Looks to Startups to Power Economy from Slowdown

China's State Council has issued a set of guidelines aimed at promoting startups as a way to combat the effects of the economic slowdown. The measures, which were announced on Tuesday, June 16, essentially eliminate bureaucratic restrictions on startups and seek to create a social ecosystem that supports mass entrepreneurship and innovation, particularly for high-tech and internet-based companies.

China Anti-Corruption

Former Head Of China's Business Regulatory Body and Former PetroChina Vice Chairman Charged With Corruption

China's ruling Communist Party (CPC) has expelled two senior officials for violatating both party and state laws without restraint.

China Central Bank

Chinese Authorities Change 7 Members of Central Bank's Monetary Policy Committee

The State Council has on Monday announced a change to the composition of the monetary policy committee of the People's Bank of China (PBOC). The change sees seven new members being appointed to replace seven others.

North Korea-South Korea

North Korean Soldier Crosses Heavily Armed Border on Foot and Defects to South Korea

A North Korean soldier has defected to South Korea after crossing the heavily armed military demarcation line separating the two countries by foot on Monday.

Qiao Shi

Qiao Shi: Top Chinese Statesman Dies at 91

Qiao Shi, a top Communist Party official, who was once regarded as one of the most powerful men in China, has died at the age of 91 of an unspecified illness.

South China Rainfall Alert

Meteorologists Issue Heavy Rainfall Alert in South China

The National Meteorological Center (NMC) has announced that up to 180mm of torrential rainfall is expected in the southern parts of China over the next 24 hours.

China Energy Conservation Week

China Reaffirms Committment to Energy Conservation with Week-Long Educational Program

As China's cabinet looks to tackle environmental pollution by increasing fines on invididuals and companies who violate the law, officials have kicked off a week-long educational program dedicated to spreading awareness about energy consumption and the importance of going green.

 Zhou Yongkang Sentenced

Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison

China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately disclosing national secrets.

China Food Safety

Premier Li Calls for Strict Implementation of New Food Safety Law

Prime Minister Li Keqiang has revealed that there would be "zero tolerance" for companies and individuals found guilty of violating the country's new food safety law, which will come into effect on Oct 1.

South Korea MERS Outbreak

South Korea Reports More MERS Infections and Deaths as WHO Downplays Human-to-Human Transmission

The South Korean Health Ministry has announced that one patient has died and 14 other people have been diagnosed with the Middle East respiratory syndrome coronavirus (MERS-CoV) this week, bringing the total number of casualties and infections from the virus to 10 and 122 respectively.

China Maritime Emission Law

China Targets Ship and Boat Emissions to Curb Pollution

In a bid to reduce the effects of air pollution, Chinese authorities are looking at the possibility of regulating emissions from the country's 100,000+ marine vessels.

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