China

2023 - 3 - 28

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Image courtesy of "The Guardian"

Taiwan caught between superpowers as rival leaders visit China ... (The Guardian)

Ma Ying-jeou's 'we are all Chinese' message starkly at odds with vision of Tsai Ing-wen, who seeks support from Washington.

“Some Taiwanese people think it is OK that Ma visits China but there are many opposing opinions when talking about Tsai going to the US.” “There are two sides to choose from, either the US or China, and DPP chose the US,” Alice Yeh, a 28-year-old student, said. The US is the most significant: it is law-bound to provide Taiwan with the means to defend itself, and is generally expected but not guaranteed to come to its support if China attacked. Tsai says Taiwan is already a sovereign state with no need to declare independence, but has spent much of her tenure securing military and “He’s been quite successful in that the party’s China policies are largely unchanged despite two disastrous electoral defeats.” The US government, which does not recognise Taiwan as a country, handles such visits with extreme care and observers have noted the length and circumstances of each stop often vary depending on the geopolitical climate. On the way back, she is scheduled to stop in Los Angeles on 5 April before returning to Taiwan two days later. Pelosi’s successor, the Republican Kevin McCarthy, has wanted to visit too. The symbolism of any Taiwanese leader visiting China is significant, and drew protesters to the airport in Taipei. They said he would not visit Beijing or meet the Chinese president, Xi Jinping, but they also touted his ability to repair relations, which they said had been ruined by Tsai’s foreign policy. The 73-year-old is in China on a historic visit, the first by a current or former Taiwanese president since 1949. But Ma, president from 2008 to 2016, believes he can help the peace process.

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Image courtesy of "NewsDrum"

Taiwan's former President in China to borrow peace? (NewsDrum)

In a surprise move, former Taiwan President Ma Ying-jeou is visiting China this week (March 27 to April 7) to ease tensions between Taiwan and China.

And wouldn't have thought that the Secretary-General is someone who wants to practise discrimination. Taiwan citizens used to be allowed into this building and they are not allowed now. No message for President Tsai Ing-wen, but what about the Taiwanese citizens, the passport holders who are not even allowed into this building to take a tour? It has similarly been excluded from the International Civil Aviation Organisation since 2013 due to pressure from Beijing to remove any hint that Taiwan might not be a province of China. New Delhi: In a surprise move, former Taiwan President Ma Ying-jeou is visiting China this week (March 27 to April 7) to ease tensions between Taiwan and China. Individuals holding Taiwanese identification continue not allowed to visit the United Nations headquarters or any other UN office.

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Image courtesy of "WOKV"

Former Taiwan leader begins mainland tour at historic tomb (WOKV)

Ma visited the Sun Yat-sen Mausoleum in Nanjing, the capital when Ma's Nationalist Party (Kuomingtang) ruled China in the early part of the 20th century. The ...

Meanwhile, the Communist Party took over the mainland in 1949, and renamed the country the People’s Republic of China. It was Sun who founded the Republic of China in 1912, and ruled over the mainland, very briefly. The party claimed to be the legitimate ruler of China for decades and is seen as more sympathetic to integration or unification with the mainland than the ruling Democratic People’s Party. Observers expect the visit to be more symbolic than substantive. is its largest unofficial ally. There, he paid tribute to Sun Yat-sen, the founder of the Republic of China and the Nationalist Party, giving a short speech and then bowing in front of the memorial.

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Image courtesy of "Nikkei Asia"

China's response to U.S. curbs a risk for Taiwan: MediaTek chairman (Nikkei Asia)

HSINCHU -- Taiwan's smaller chip design companies are likely to be hit by China's refocus on older chip technologies amid a crackdown by the U.S., the.

export controls against China's advanced chip sector in October last year has prompted Chinese government funds to flow into the mature chip technology sector, and we believe Taiwan's small and mid-size chip design houses will possibly be the first to be affected," MediaTek Chairman Tsai Ming-kai said at the release of a white paper on the Taiwanese chip design industry in Hsinchu. "The U.S. HSINCHU -- Taiwan's smaller chip design companies are likely to be hit by China's refocus on older chip technologies amid a crackdown by the U.S., the chairman of the world's largest mobile chip design company has warned.

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Image courtesy of "Los Angeles Times"

Taiwan ex-leader Ma Ying-jeou sees Sun Yat-sen tomb in China (Los Angeles Times)

Former Taiwanese President Ma Ying-jeou began a tour of China with a symbolism-laden visit to the mausoleum of Chinese founding father Sun Yat-sen.

After the retreat to Taiwan, the Kuomintang continued to call their nation the Republic of China. It was Sun who founded the Republic of China in 1912 and Observers expect the visit to be more symbolic than substantive. Taiwan is today a self-governed democracy, and the Ma visited the Sun Yat-sen Mausoleum in Nanjing, the Chinese capital when Ma’s Nationalist Party, or Kuomintang, ruled China in the early part of the 20th century. is its largest unofficial ally](https://www.latimes.com/politics/story/2022-08-14/more-u-s-lawmakers-visiting-taiwan-12-days-after-pelosi-trip).

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Image courtesy of "The Globe and Mail"

'We are all Chinese': Ex-Taiwan leader preaches unity on historic ... (The Globe and Mail)

Former Taiwanese president Ma Ying-jeou continued an historic trip to China on Tuesday, traveling to Nanjing, former capital of the Republic of China, ...

“Ma is doing this for his own political legacy more than he’s doing it on behalf of the KMT.” “And they cannot erode the Taiwanese people’s staunch commitment to freedom and democracy or our determination to engage wholeheartedly with the world.” “We sincerely hope that the two sides of the strait will work together to pursue peace, avoid war and revitalize the Chinese nation,” he said. Tsai is due to begin that trip Wednesday, under the shadow of not only Mr. Ma is the first former or sitting Taiwanese leader to visit the People’s Republic of China since the end of the Chinese civil war in 1949, when the defeated Nationalists fled across the Taiwan Strait, moving the seat of the ROC to Taipei. The DPP, traditionally more assertive of Taiwanese self-rule than the KMT, is viewed with intense suspicion and hostility by Beijing, which has continually ramped up pressure on Taiwan since Ms.

Belt And Road Weekly Investor Intelligence #126 - China Briefing ... (China Briefing)

Enhanced cooperation between the SCO, EAEU, CIS, and a rapidly developing BRICS+ could well be a harbinger of 'global çhanges' – words used by Xi to Putin as he ...

To subscribe to our Belt & Road Initiative portal, please click [here](https://www.silkroadbriefing.com/register). For assistance with Belt & Road Initiative research, please contact us at [[email protected]](mailto:[email protected]) or visit us at [www.dezshira.com](http://www.dezshira.com). This was brokered by China and speaks volumes about Beijing’s growing influence in the Middle East. With the BRICS including Brazil, Russia, India, China, and South Africa, with Mexico also poised to join, the bloc is poised for additional expansion during 2023. The goods being transported include auto parts, building materials, home appliances, fabrics, clothing, home furnishings, and so on. In this article, we analyze the current economic cooperation between Uzbekistan and China. In Central Asia, we highlight the impact of the BRI in Uzbekistan and Turkmenistan, and in the Middle East look at Chinese regional influence. In a statement largely derided in the West, the Chinese and Russian Presidents have released a “Joint Comprehensive Strategic Plan For A New Era” following their Moscow summit. Beijing also wants to reach the West through Turkmenistan and the Central Asia-Caspian Sea-Caucasus route. On a regional basis, we look at the China / Vietnam competition debate and discuss opportunities in the Philippines as part of RCEP. Last week’s Xi-Putin summit has immediately ushered in substantial global dialogue in reconstructing a ‘new world order’ to which the collective West has not been privy. Enhanced cooperation between the SCO, EAEU, CIS, and a rapidly developing BRICS+ could well be a harbinger of ‘global çhanges’ – words used by Xi to Putin as he departed Moscow.

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Image courtesy of "Deccan Herald"

Will China influence Taiwan's elections? (Deccan Herald)

China-Taiwan ties have been in a nosedive since Tsai Ing-wen became the President of Taiwan. The hard stance adopted by China's President Xi Jinping has ...

[Facebook ](https://www.facebook.com/deccanherald/) [Dailymotion ](https://www.dailymotion.com/DeccanHerald) [Twitter ](https://twitter.com/DeccanHerald) [over in the United States](https://www.japantimes.co.jp/news/2023/03/21/world/taiwan-us-visit-test-xi/) during her visit to Central America. Ma is scheduled to visit Shanghai, Nanjing, [ Changsha, Chongqing, and Wuhan](https://www.theguardian.com/world/2023/mar/20/former-taiwan-president-to-visit-china-in-unprecedented-trip). [August 2022 visit by Nancy Pelosi](https://www.deccanherald.com/international/world-news-politics/pelosi-lands-in-taiwan-defying-china-threats-1132430.html) to Taiwan further aggravated the already difficult relations. Ma’s visit may be a good photo opportunity for Beijing to show to the people of Taiwan that it is keen to interact and may be a well thought out diplomatic move. [has set on a 12-dat visit to China](https://apnews.com/article/taiwan-president-ma-yingjeou-visits-china-f915eca84948e2de19719546bb68ce24) starting on March 27. Beijing show that it is ready to co-operate with Taiwan if it tries to put the demand for independence on the back burner. This will be the first visit to China by a Taiwanese [leader in the last seven decades](https://www.hindustantimes.com/world-news/in-a-first-taiwan-s-ex-president-to-visit-china-next-week-101679293272632.html). The latest being Honduras which earlier this month decided to switch diplomatic relations [to China](https://www.ft.com/content/6bdb7947-1457-42c0-9504-b6650b6b76cd). The trip is expected to be about student exchanges and Ma visiting the graves of his ancestors.

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Image courtesy of "Financial Times"

China grants billions in bailouts as Belt and Road Initiative falters (Financial Times)

New study attempts to capture total rescue loans from world's biggest bilateral creditor.

For cost savings, you can change your plan at any time online in the “Settings & Account” section. Compare Standard and Premium Digital For a full comparison of Standard and Premium Digital,

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Image courtesy of "Reuters"

China spent $240 billion bailing out 'Belt & Road' countries, study ... (Reuters)

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, as more have struggled to repay loans spent building "Belt & Road" ...

[Markets](/markets/) In response, it has called on the World Bank and International Monetary Fund to also Rollovers of both kinds of loan were $140 billion. Bridge loans or balance of payments support by Chinese state-owned banks was $70 billion. Nine countries received less than $1 billion. "Beijing is ultimately trying to rescue its own banks.

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Image courtesy of "The New York Times"

China's Cities Are Buried in Debt, but They Keep Shoveling It On (The New York Times)

China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending — and cutting essential ...

The residents would probably prefer that the government spent on unemployment protection, bus service and welfare instead of high-speed railways and green space. The Chinese government likes to say the country has the longest and fastest high-speed railways in the world. The Shangqiu government brags that there is about 150 square feet of green space for each of the 2.3 million residents in the city’s central municipal area. But Shangqiu is not planning to spend the money on public services. Its college graduates are complaining on social media that it’s difficult to find a job that pays more than $300 a month. In China, where the government owns virtually all the land, the main source of income for many localities has for years come from leasing or selling property to developers. In their struggle to find the money to fund their new projects, and the interest payments on their old ones, cities are cutting public services and benefits. It did say that last year its revenue from land sales was half what the city had targeted, and that it had spent $1 billion on debt service. Many local governments in Hebei Province, which borders Beijing, [failed to pay](https://www.nytimes.com/2023/01/25/business/china-natural-gas-shortages.html) heating subsidies for natural gas during the winter, leaving residents to shiver during a record-setting cold wave. “Local government, especially in third- and fourth-tier cities, will still find it difficult to meet many of its budgetary obligations.” A few hours after posting its announcement, the company deleted it, after it had made national headlines and the Shangqiu government had intervened. The city is building its first two airports, three new highways and enough parking space for 20,000 additional slots.

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Image courtesy of "CNN"

China gave huge loans to Belt and Road countries. Now it's ... (CNN)

For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through its Belt and Road ...

[Argentina](https://www.cnn.com/2020/08/21/americas/argentina-covid-19-economy-intl/index.html) defaulted in 2014 and 2020 after struggling for decades with its national debt. BRI has reached nearly $1 trillion in Chinese investment, according to China’s foreign ministry. For one, China’s loans are far more secretive, with most of its operations and transactions concealed from public view. The other $70 billion was lent by Chinese state-owned banks and enterprises, including oil and gas companies. In a statement citing Qin, the ministry claimed “China has always been committed to helping Africa ease its debt burden,” and pointed to Beijing’s debt relief agreements with a number of African nations. “China should be the last one to be accused of the so-called debt trap,” he said, blaming US interest hikes for worsening debt in developing countries. In January, Chinese Foreign Minister Qin Gang rejected the accusations of China creating a “debt trap” in Africa, a major recipient of Belt and Road investments. [ the initiative has been seen](https://www.cnn.com/2017/05/11/asia/china-one-belt-one-road-explainer/index.html) as an extension of the country’s sharp ascent to global power. [boiled over the following year](https://www.cnn.com/2022/04/05/asia/sri-lanka-economic-crisis-explainer-intl-hnk/index.html), with basic goods like fuel and medicine rationed and crowds taking to the streets in violent protests. “Much more research is needed to measure the impacts of China’s rescue loans – in particular, the large swap lines administered by the PBOC (People’s Bank of China),” said Brad Parks, a co-author of the study, in Most of the loans were made in the last five years of the study, from 2016 to 2021. [Pakistan](https://www.cnn.com/world/asia/pakistan), Kenya and Turkey, according to the study published Tuesday by researchers from the World Bank, Harvard Kennedy School, Kiel Institute for the World Economy and the US-based research lab AidData.

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Image courtesy of "The Guardian"

China spent $240bn on belt and road bailouts from 2008 to 2021 ... (The Guardian)

Rise in emergency financing for other countries since 2016 correlates with drop in infrastructure lending.

“We see clear historical parallels to when the US started its rise as a global financial power, from the 1930s onwards and especially after world war two.” Bradley Parks, one of the report’s authors, said: “Emergency rescue lending is a very risky business. Such practices are one of the many reasons that credit rating agencies and international institutions find it harder to monitor Chinese loans than those from multilateral lenders. However, the war in Ukraine, the Covid-19 pandemic, supply chain problems and rising interest rates have contributed to a global economic crisis that has created difficulties for lenders of all kinds. In March the International Monetary Fund approved a long-awaited bailout for Sri Lanka worth almost $3bn after China Exim provided assurances that it would offer financial assistance to Colombo. The increase in emergency financing since 2016 correlates with a drop in Chinese lending for infrastructure projects that are part of the belt and road initiative.

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Image courtesy of "Asahi Shimbun"

China spent $240 billion bailing out 'Belt & Road' countries--study ... (Asahi Shimbun)

Chinese loans to countries in debt distress soared from less than 5% of its overseas lending portfolio in 2010 to 60% in 2022, the study found. Argentina ...

In response, it has called on the World Bank and International Monetary Fund to also offer debt relief. Rollovers of both kinds of loan were $140 billion. Bridge loans or balance of payments support by Chinese state-owned banks was $70 billion.

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Image courtesy of "Daily Sabah"

China handed $240B bailout loans to 'Belt and Road' countries: Study (Daily Sabah)

China has provided $240 billion in bailout loans to 22 developing nations between 2008 and 2021, soaring in recent years as more have struggled to repay...

[Yahoo](https://policies.yahoo.com/us/en/yahoo/privacy/index.htm) [Tapad](https://www.tapad.com/privacy) [Twitter Inc.](https://twitter.com/en/privacy) [Smart](https://smartadserver.com/corporate-privacy-policy/) [Simpli.fi](https://www.simpli.fi/site-privacy-policy2/) [Simpli.fi](https://simpli.fi/site-privacy-policy/) [Openx](https://www.openx.com/legal/privacy-policy/) [Google](https://policies.google.com/privacy) [Criteo](https://www.criteo.com/privacy/corporate-privacy-policy/) [Bluekai.com](http://www.oracle.com/us/legal/privacy/) [Beeswax](https://www.beeswax.com/cookies/) [Oracle](https://www.oracle.com/legal/privacy/addthis-privacy-policy.html)

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China ramping up bailout loans to Belt and Road countries, report ... (Hong Kong Free Press)

Around the world, BRI nations have come under strain as soaring inflation and interest rates, compounded by the lingering impact of the Covid-19 pandemic, have ...

[Newsletter](https://www.hongkongfp.com/newsletter/) [Error/typo?](https://www.hongkongfp.com/hkfp-corrections-policy/) [Contact Us](https://www.hongkongfp.com/contact-us/) [Code of Ethics](https://www.hongkongfp.com/hkfp-code-ethics/) [Support HKFP](https://support.hongkongfp.com/) [Belt and Road Initiative (BRI) countries](https://hongkongfp.com/2016/03/06/explainer-chinas-one-belt-one-road-initiative/) such as Sri Lanka, Pakistan and Turkey — mostly low- and middle-income nations that have received Chinese loans for infrastructure development, according to the study.

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Image courtesy of "Le Monde diplomatique - English edition"

China's race to become global AI superpower (Le Monde diplomatique - English edition)

China wants to be world leader in artificial intelligence (AI) by the end of the decade. But US trade sanctions affecting technology imports and a brain ...

With 800 million smartphone users out of a population of 1.41 billion in 2021, China generates a vast amount of digital information, which is widely accessible due to regulations which, while they protect consumer data, are often relaxed in cases of ‘national interest’ (in the field of health, for example). The stakes are high since Chinese AI has medical, industrial and transport applications, particularly in autonomous vehicles, and is potentially a major driver of the country’s growth. (9) ‘Tanzania Human Rights Report 2009 – State of indigenous people: the Maasai forceful eviction’, July 2009, www.humanrights.or.tz/. (8) See John Mbaria, ‘Game “carnage” in Tanzania alarms Kenya’, The East African, Nairobi, 4 February 2002, and ‘The killing fields of Loliondo’, maasaierc.org/. There are special regulatory regimes for biotechnology, bioengineering and biopharmaceuticals to encourage collaboration between companies, researchers and local authorities. They are also used in construction, mining, and even disaster relief. (5) Guillaume Blanc, L’invention du colonialisme vert (The Invention of Green Colonialism), Flammarion, Paris, 2020. But US trade sanctions affecting technology imports and a brain drain of the best engineers mean it won’t be easy. The Chinese public have widely accepted that robots plug labour shortages in hotels, hospitals and banks: it’s not uncommon to encounter delivery or hotel reception robots. (3) ‘The state of indigenous peoples’ and local communities’ lands and territories’, 7 June 2021, IUCN.org. (2) ‘Tanzanian government resorts to cattle seizures to further restrict livelihoods of Maasai pastoralists’, Oakland Institute, Oakland (California), 24 January 2023, www.oaklandinstitute.org/. Chinese consumers are the world’s biggest users of smartphones to pay for goods and services.

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Image courtesy of "The Indian Express"

China increasing bailouts to Belt and Road partners: report (The Indian Express)

China has ramped up bailouts to countries struggling to repay their debts from infrastructure projects under the Belt and Road Initiative, ...

Around 80% of these rescue loans were issued after 2016. The report said China’s bailout loans are small in comparison to the loans offered by the International Monetary Fund or the liquidity extended by the US China has increasingly bailed out developing countries that have struggled to repay loans from the Belt and Road Initiative, according to a new report published on Tuesday.

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Image courtesy of "Voice of America"

Ghana Officials: Crackdown on Illegal Fishing Might Cause Friction ... (Voice of America)

Ghana's military is training to crack down on illegal overfishing in the Gulf of Guinea, much of it by Chinese-owned boats. But China holds great influence ...

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Image courtesy of "Bloomberg"

Lender of Last Resort (Bloomberg)

Hello. Today we look at China's lending to developing economies, inequality in Sweden and the potential economic boost from AI.

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Image courtesy of "Livemint"

Great trap of China | Mint (Livemint)

A study by researchers from the World Bank, Harvard Kennedy School, AidData and Kiel Institute for the World Economy shows that China advanced a staggering ...

A study by researchers from the World Bank, Harvard Kennedy School, AidData and Kiel Institute for the World Economy shows that China advanced a staggering $240 billion in bailout loans between 2008 and 2021 to 22 developing nations, including Pakistan, Argentina and Mongolia. This underscores Beijing’s efforts to keep its BRI partners from defaulting as a swathe of projects failed. A study by researchers from the World Bank, Harvard Kennedy School, AidData and Kiel Institute for the World Economy shows that China advanced a staggering $240 billion in bailout loans between 2008 and 2021 to 22 developing nations, including Pakistan, Argentina and Mongolia

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Image courtesy of "The New York Times"

Your Wednesday Briefing: China's Billions in Bailouts (The New York Times)

While China still lags the I.M.F. in terms of cash disbursed, it is catching up fast. In 2021, emergency financing provided by Beijing totaled $40.5 billion, up ...

[defending TikTok](https://www.nytimes.com/2023/03/28/technology/tiktok-users-defend-app.html). Read an insider’s account of the [turmoil inside the plant](https://www.nytimes.com/2023/03/28/world/europe/ukraine-zaporizhzhia-nuclear-plant-grossi.html). [You can find all our puzzles here](https://www.nytimes.com/crosswords). [Protests seized France](https://www.nytimes.com/2023/03/28/world/europe/france-protests-pensions-macron.html)as neither President Emmanuel Macron nor opponents of his pension overhaul backed down. [raised alarm](https://www.nytimes.com/2023/03/27/world/europe/un-ukraine-zaporizhzhia-nuclear-plant.html)about the safety risks at the Zaporizhzhia Nuclear Power Plant, which is controlled by Russian forces. lawmakers [grilled the platform’s chief executive, Shou Chew](https://www.nytimes.com/2023/03/23/technology/tiktok-hearing-congress-china.html), last week, TikTok users rallied and argued that the app should not be banned in the U.S. A team of New York Times reporters traveled there just hours before the Ukrainian military declared it off-limits to journalists. Russian efforts to capture Avdiivka, which began over a year ago, have escalated in recent weeks. Alibaba has been a cautionary tale about the risks of challenging the country’s ruling Communist Party, which has worked to American officials have accused China of engaging in “debt trap diplomacy” by saddling countries with excessive debt for construction projects carried out by Chinese companies. For comparison, the I.M.F. In 2021, emergency financing provided by Beijing totaled $40.5 billion, up from $10 billion in 2014 and zero in 2010, according to a new study by American and European experts who drew on statistics from

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Image courtesy of "TIME"

How China Became a Global Lender of Last Resort (TIME)

The study documents how China provided a whopping $240 billion, with loans to countries in debt distress soaring from less than 5% of its overseas lending ...

[according](https://www.cfr.org/backgrounder/chinas-massive-belt-and-road-initiative) to a briefing published by the Council on Foreign Relations. At a news conference on Tuesday, Mao Ning, a spokesperson for the Chinese foreign ministry, refuted the claims that China’s international lending was creating a debt trap for distressed nations. Similar scandals were uncovered in countries like Uzbekistan, Kazakhstan, and Turkmenistan, where debts to Beijing continued to grow. [Ozempic Exposed the Cracks in the Body Positivity Movement](https://time.com/6263689/ozempic-cracks-body-positivity/?utm_source=roundup&utm_campaign=20230202) Previously, China has also called on the World Bank and IMF to But some critics see it as a “Trojan horse for China-led regional development and military expansion,” That’s why it has gotten into the risky business of international bailout lending,” said Carmen Reinhart, one of the study’s authors. China’s loans mainly targeted middle-income countries due to the risk they posed to Chinese banks, the study said. One explosive corruption and International Monetary Funding have for decades been the globe’s lenders of last resort, stepping in to provide emergency loans to countries in financial distress. The The U.S.

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Image courtesy of "SpaceNews"

China to begin constructing its own megaconstellation later this year (SpaceNews)

A Long March 5B rocket will be equipped with a Yuanzheng-2 second stage for the first time and launched from the coastal Wenchang spaceport in the second half ...

CASC’s chairman Wu Yansheng [said ](https://spacenews.com/china-sets-out-clear-and-independent-long-term-vision-for-space/#:~:text=The%20U.S.%20is%20also%20seen%20by%20Wu%20as%20seeking%20to%20seize%20strategic%20resources%20including%20specific%20orbits%2C%20locations%20and%20radio%20frequencies.%C2%A0)late last year that he believes the U.S. [claimed ](https://mp.weixin.qq.com/s/1ybfnKDS0EwFXtX-b6Mjag)that SpaceX has intended for Starlink to be used for military purposes in the wake of Ukraine’s defense against the invasion of Russia. It states that the last stage of a launch vehicle should be deorbited according to regulations after taking passivation and other measures. Other actors include [GalaxySpace](https://spacenews.com/chinese-satellite-internet-firm-galaxyspace-secures-major-new-funding/) and the state-owned China Aerospace Science and Industry Corporation (CASIC). [greatly increased its small satellite manufacturing capacity](https://spacenews.com/new-chinese-small-sat-manufacturing-capacity-could-have-international-ramifications/) in recent years, with a number of entities each now capable of producing hundreds of satellites per year. space internet companies have expressed concerns over the potential competitive threat from a Chinese LEO constellation with strong government backing. The upper stage would instead allow for multiple satellites to be injected into various orbits. This has apparently been reflected in newer companies looking to build medium and large launch vehicles earlier in their development. A Other and potentially commercial setups could also be involved in the project. The earlier launches saw the 30-meter-long, roughly 23-ton dry mass first stages make high-profile, uncontrolled reentries after reaching orbital velocity. It may also have implications for commercial space development in China.

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Image courtesy of "1 News"

Bankman-Fried charged with paying $40M bribe to China (1 News)

Crypto company FTX filed for bankruptcy on November 11, when it ran out of money after the cryptocurrency equivalent of a bank run.

He also banned Bankman-Fried from communicating with current or former employees of FTX, the global cryptocurrency exchange he founded or Alameda Research, a cryptocurrency hedge fund trading firm linked to FTX. The alleged bribes stemmed from the operation of Alameda Research. The indictment was returned on Monday.

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Image courtesy of "Aljazeera.com"

Ex-crypto boss Bankman-Fried charged with bribing China officials (Aljazeera.com)

US accuses founder of now-bankrupt FTX cryptocurrency exchange of conspiring to pay $40bn to Chinese officials.

He has not yet been arraigned on the new charges. Prosecutors say Bankman-Fried stole billions of dollars in customer funds to plug losses at Alameda. The accounts held more than $1bn of cryptocurrency, US prosecutors said.

China spent $240 bln bailing out 'Belt & Road' countries – study ... (Hellenic Shipping News Worldwide)

Chinese loans to countries in debt distress soared from less than 5% of its overseas lending portfolio in 2010 to 60% in 2022, the study found. Argentina ...

In response, it has called on the World Bank and International Monetary Fund to also offer debt relief. Rollovers of both kinds of loan were $140 billion. Bridge loans or balance of payments support by Chinese state-owned banks was $70 billion.

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Image courtesy of "GZERO Media"

As an angry China looms, Taiwan's president seeks support in the ... (GZERO Media)

In the US, Tsai is expected to meet with House of Representatives Speaker Kevin McCarthy, and in Guatemala and Belize, she aims to shore up relations with two ...

A meeting in California is less useful to that goal than a trip to Taipei, but the optics of meeting directly with Tsai will go quite a way to putting him on equal ground with his predecessor. Anna: Tsai will stop in Los Angeles to see McCarthy at the end of her trip (and will make another stop in New York at the beginning). Once he gained the speaker’s gavel in January, Tsai appears to have decided to go and see McCarthy instead and use the trip as an opportunity to see Taiwan’s supporters in Central America as well. Amid clashes with China over concerns it could provide military assistance to Russia’s war effort in Ukraine, a visit to Taiwan by McCarthy now could provoke an even more aggressive reaction than Pelosi’s visit. In the US, Tsai is expected to meet with House of Representatives Speaker Kevin McCarthy, and in Guatemala and Belize, she aims to shore up relations with two of the last 13 countries in the world that recognize Taiwan’s sovereignty. [Tsai Ing-wen](https://www.gzeromedia.com/women-in-power-taiwans-tsai-ing-wen) will travel to the US, Guatemala, and Belize from March 29 to April 7 against a backdrop of deepening tensions with China, which regards Taiwan as a breakaway province.

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Image courtesy of "Reuters"

China threatens retaliation if U.S. House speaker meets Taiwan ... (Reuters)

China threatened to retaliate on Wednesday if U.S. House Speaker Kevin McCarthy meets Taiwan President Tsai Ing-wen during her planned transit of the United ...

While not officially confirmed, she is expected to meet McCarthy while in California, at the end of her trip. "If she has contact with U.S. China, which claims democratically-ruled Taiwan as its own territory, has repeatedly warned U.S. Register for free to Reuters and know the full story China says that both it and Taiwan belong to "one China" and that as a Chinese province the island has no right to any sort of state-to-state ties. Zhu Fenglian, spokesperson of China's Taiwan Affairs Office, told reporters in Beijing that Tsai's "transits" of the United States were not just her waiting at the airport or hotel, but for her to meet U.S.

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Image courtesy of "CNN"

Off-the-radar destinations every visitor to China should consider (CNN)

For travelers looking to experience some of the country's less-visited regions, we've put together a list of culturally-rich and beautiful places to ...

Aba is also where you’ll find some of the best-preserved Diaolo – For a crash course in the city’s porcelain history, visit the newly built and photogenic Jingdezhen Imperial Kiln Museum of China. One of the reasons for its popularity may be its wildly famous homegrown brand, Sexy Tea. But nothing compares to the original. Food aside, travelers should leave time to admire this historic city that dates back more than 2,000 years. Kaiyuan Temple (built in 686), for example, isn’t only the largest Buddhist temple in Fujian province, but it’s also home to many rare reliefs and decorations of Hinduism, said to be the remaining relics of a Hindu temple in Quanzhou. Many workshops are open to the public, while some offer demonstrations showing how porcelain is made. Home to one of the biggest harbors in the world, it’s no surprise that Quanzhou and its series of historic maritime sites was among the latest Chinese destinations to be One of the best times to visit the region is during the Song Festival, a multi-day event that begins on the third day of the third month on the Lunar calendar (in 2023, it falls on April 22). While you are in Guangxi, you should also visit Sanjiang County, home to some of the most beautiful wooden bridges in the world. And it’s easy to understand why – it has one of the most vibrant nightlife and street food scenes in China. Traders and artists continue to flock to Jingdezhen for inspiration and to shop for ceramics in the city’s shops and markets.

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Image courtesy of "Lonely Planet Travel News"

Help Me, LP! How do I plan a trip to China now that international ... (Lonely Planet Travel News)

Here's all you need to know about getting a traveler visa to visit China now that “zero COVID” has come and gone.

[Beijing](https://www.lonelyplanet.com/china/beijing) and [Shanghai](https://www.lonelyplanet.com/china/shanghai) offer visa-free “transit” travel periods of six days. You can also get a similar five-day visa-on-arrival in [Shenzhen](https://www.lonelyplanet.com/china/guangdong/shenzhen) and [Guangzhou](https://www.lonelyplanet.com/china/guangdong/guangzhou) – especially handy if you’re in Hong Kong and fancy a few days on the mainland. China’s bucket-list sights like the [Great Wall](https://www.lonelyplanet.com/china/the-great-wall), the Avatar-like mountains of [Zhangjiajie](https://www.lonelyplanet.com/china/hunan/wulingyuan-and-zhangjiajie) and [Sichuan](https://www.lonelyplanet.com/china/sichuan)’s bamboo-loving [pandas](https://www.lonelyplanet.com/china/sichuan/northern-sichuan/attractions/wolong-giant-panda-garden/a/poi-sig/1629655/356093) are once again within reach. On the day of the appointment, you’ll need to submit your documents in person (including proof of return flights and hotel bookings) and have your fingerprints taken. As the pandemic wore on, China implemented – and stuck with – some of the world’s most onerous public-safety rules. [Forbidden City](https://www.lonelyplanet.com/china/beijing/forbidden-city-and-dongcheng-central/attractions/forbidden-city/a/poi-sig/368617/1333763) is forbidden no longer. Perhaps the most deluxe way to prepare your passport is with a 10-year, multiple-entry “L” visa, which allows for as many 90-day stays as you’d like. [Hong Kong](https://www.lonelyplanet.com/china/hong-kong) part way through your China trip, for example, you’ll need a multiple-entry visa. Where you come from also dictates the length of the “L” visa you can apply for: 30 days is standard, while some nationalities qualify for 90 days. A slightly different procedure applies for each country, but if you go to China’s [Sign up for our newsletter today](https://www.lonelyplanet.com/newsletter?utm_source=lparticle&utm_medium=lp+site&utm_campaign=email). In this series, Lonely Planet’s team of writers and editors answers your travel problems and provide tips and hacks to help you plan a hassle-free trip.

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Image courtesy of "The Guardian"

China warns of retaliation if Taiwan's president meets US House ... (The Guardian)

Beijing has urged the US not to allow Tsai Ing-wen to transit through the US, saying it would be a 'provocation'

The US government had said Tsai’s stopover – her sixth through the US since becoming president in 2016 – was “normal” and warned Beijing not to use it as a pretext for aggressive behaviour. “We are calm, confident, unyielding, and non-provocative.” Tsai is expected to meet with the speaker, The trip includes two stopovers, in New York on the way in, and Los Angeles on the way out. “Taiwan’s determination to go to the world will only become stronger and stronger,” she said. The Chinese government has threatened retaliation if Taiwan’s president, Tsai Ing-wen, meets the US House speaker this week, and urged the US not to let her transit through the country, saying it would be a “provocation”.

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Image courtesy of "CNBC"

U.S.-China tech rivalry will continue to put Chinese firms under ... (CNBC)

Chinese companies will continue to face scrutiny from the U.S. as geopolitical tensions and competition will not ease soon, said a political analyst.

"That really speaks to just how intertwined the U.S. and Chinese technological ecosystems are and have been," said Gorman, adding that U.S. technology ecosystems from the Chinese technology ecosystems," she said. "That's why you see both sides of it fighting so hard to have their own technologies win the day," she added, noting that the technological competition between the U.S. [China's foreign ministry spokesperson](https://www.fmprc.gov.cn/mfa_eng/xwfw_665399/s2510_665401/202303/t20230328_11050458.html) Mao Ning said: "We oppose the U.S.' overstretching the concept of national security to hobble foreign companies and abusing state power to disrupt normal market rules and order. "Whether it's TikTok or a spy balloon, the U.S. We must protect this infrastructure and technology that Americans rely on every day," said Mast. That's why you see both sides of it fighting so hard to have their own technologies win the day.Lindsay GormanSenior fellow, German Marshall Fund's Alliance for Securing Democracy It's really intense competition [between the U.S. Chew said that China-based employees at ByteDance may have access to some U.S. "There is this intense geopolitical competition. - "There is this intense geopolitical competition.

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Image courtesy of "Aljazeera.com"

China vows to 'fight back' if US speaker meets Taiwan's president (Aljazeera.com)

Taiwanese President Tsai Ing-wen is expected to meet US House Speaker Kevin McCarthy in California next month.

“Such visits are a reaffirmation of US support for Taiwan at a time when critics of the Tsai administration – and the CCP [Chinese Communist Party] – strive to sow doubt about the reliability and commitment of the US as a partner to Taiwan,” J Michael Cole, a Taipei-based adviser with the International Republican Institute, told Al Jazeera. Taiwan’s armed forces have said they are keeping watch for any Chinese moves when Tsai is abroad. Zhu Fenglian, spokesperson of China’s Taiwan Affairs Office, told reporters in Beijing that Tsai’s “transits” of the US were not just her waiting at the airport or hotel, but for her to meet US officials and legislators.

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Image courtesy of "Financial Times"

China threatens Taiwan over president's trip to US (Financial Times)

Tsai Ing-wen to meet Speaker Kevin McCarthy in Los Angeles after stops in New York, Guatemala and Belize.

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Image courtesy of "Reuters"

China's green loans exceed $3.2 trln, central bank chief says (Reuters)

China's outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country's total loan balance, ...

Register for free to Reuters and know the full story

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Image courtesy of "Aljazeera.com"

Alibaba breakup bid raises hopes of end to China's tech crackdown (Aljazeera.com)

Shares in top Chinese tech firms rise after Alibaba plan fuels hopes of letup in regulatory scrutiny of the sector.

The revamp is the most significant restructuring in the company’s history and comes after Beijing launched a years-long regulatory crackdown on the tech sector, in which Alibaba was a common target. Its e-commerce rival JD.com Inc rose 7 percent and gaming giant Tencent Holdings Ltd gained 5 percent. That compared with a 2.3 percent jump in the benchmark Hang Seng Index and a 3.2 percent gain for the Hang Seng Tech Index. Alibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restructuring of the technology conglomerate in its 24-year history. Shares in Alibaba Group and other leading Chinese tech firms have risen as investors cheered an unprecedented revamp of the Jack Ma-founded company as heralding the beginning of the end to Shares in top Chinese tech firms rise after Alibaba plan fuels hopes of letup in regulatory scrutiny of the sector.

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Image courtesy of "CNN"

An influential Chinese blogger disappeared from the internet. This ... (CNN)

For 12 years, Program Think, an anonymous Chinese blogger, mounted an open challenge to China's tightening authoritarian grip and expanding surveillance ...

Program Think could have easily enjoyed a comfortable life, and yet, he chose to use his expertise to spread the idea of freedom, Zhou said. While there may never be official confirmation on whether Ruan and Program Think are the same person, many followers are convinced they are. A series of international social media platforms, including Twitter and Flickr, were added to the banned list, while Chinese authorities issued a directive demanding the mandatory installation of censorship software on all new computers. Github did not comply, and the database is still accessible on the platform. The search lasted from noon to the early hours of the next day, Bei said. About a year before Ruan’s arrest, the internet service at their home became unstable and disconnected frequently, she said. The blog started in 2009 and its last post, a long list of book recommendations, was published on May 9 – a day before Ruan was taken away and had his laptop confiscated. Born in the province of Fujian on China’s southeastern coast, Ruan first came into contact with a computer at junior high school. She thought it was a bottled water delivery and asked her husband to answer it. “I’ve wasted the opportunity (to help him) for his first trial. 2 Intermediate Court, but couldn’t reach anyone who was willing to comment on Ruan’s case or answer whether his conviction is linked to the Program Think blog. “He was abnormally thin, and his hair has turned almost all white,” Bei said.

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Image courtesy of "ABC News"

China threatens to 'fight back' in retaliation if Taiwan's President ... (ABC News)

China threatens to retaliate if US House Speaker Kevin McCarthy meets Taiwanese President Tsai Ing-wen during her planned transit of the United States next ...

Although this road is rough, Taiwan is not alone." China says both it and Taiwan belong to "one China" and that as a Chinese province, the island has no right to any sort of state-to-state ties. Zhu Fenglian, the spokesperson of China's Taiwan Affairs Office, told reporters in Beijing that Ms Tsai's "transits" of the United States were not just her waiting at the airport or hotel but for her to meet US officials and politicians.

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Image courtesy of "The Interpreter"

China's food dilemma | Lowy Institute (The Interpreter)

The push for a “Food Silk Road” is telling of the superpower's vulnerability – environmental and geopolitical.

As a result, China’s Food Silk Road is creating [new food trade routes](https://eprints.gla.ac.uk/234448/1/234448.pdf) between China, Europe, Russia, Central Asia and South Asia, as well as the Middle East and Africa. [100 agricultural cooperation agreements](https://www.sciencedirect.com/science/article/pii/S2211912421000286) with Belt and Road Initiative (BRI) countries, including in Central Asia and Eastern Europe, which have been identified as viable alternatives for imports such as wheat, corn and soybeans. [reported as “land grabs”](https://www.thedialogue.org/wp-content/uploads/2015/06/Chinas-Agricultural-Investment-in-Latin-America.pdf), is estimated at somewhere [between 300,000 and one million hectares](https://www.wilsoncenter.org/sites/default/files/media/uploads/documents/Chinas%20Investments%20and%20Land%20Use%20in%20Latin%20America.pdf). In 2022, the country’s National Health Commission announced the issuance of 36 new National Food Safety Standards. [farmland](https://www.politico.com/news/2021/07/19/china-buying-us-farms-foreign-purchase-499893). However, major concerns such as water scarcity and climate shocks (including droughts and [severe flooding](https://chinadialogue.net/en/climate/how-climate-change-exacerbated-the-2021-henan-floods/)) have significantly affected China’s agricultural production, exacerbating shortage fears. Domestically, in response to food safety concerns and [scandals](https://www.cfr.org/blog/chinas-food-safety-crisis-how-serious-problem), China is seeking to improve national food safety standards. In 2021, China was the second-largest destination for African agricultural exports, behind the European Union, and Chinese imports from Africa rose 18.2 per cent year on year in 2021. In recent years, China, as part of efforts to implement Xi’s promise to increase non-resource imports from Africa, has imported growing quantities of agricultural products such as avocados, cashews and soybean. Since 2013, Beijing has largely adopted a dual approach to safeguarding its food supplies: achieving self-sufficiency in staples (rice and wheat) and key protein sources (particularly pork) while relying on the international market for supplies of non-staples, particularly soybeans. Despite China’s enormous population, the country has limited resources, making the security of food supplies a constant preoccupation.

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