Beijing , June 27: The tightly controlled Chinese uan has crossed the closely scrutinised 7-per-dollar level and fallen to multi-month lows.
On June 21, the yuan, usually known as the renminbi (RMB), fell to below 7.2 versus the dollar. Foreign investors have pulled out of China's markets as concerns about...
Beijing , June 22: China's failure to condemn the Russian invasion of Ukraine and its "neutral" posture has put a strain on the China-EU relationship, according to Atlantic Council.
The Atlantic Council is an American think tank in the field of international affairs.
According to Atlantic Council, nowhere has the disillusionment with China been more pronounced than in Europe's...
Lawmakers are flagging what they say are likely significant violations of U.S. law by Temu, a popular Chinese shopping platform, accusing it of providing an unchecked channel that allows goods made with forced labor to flow into the United States.
In a report released Thursday, the House Select Committee on the...
Karachi – AD Ports Group of the United Arab Emirates (UAE) signed an agreement Thursday to take over the running of part of Pakistan’s main Karachi docking facility in a deal worth an immediate $220 million, the company said.
The deal will come as a shot in the arm for...
Over two thousand Pakistanis who were attempting to move to Italy illegally have been detained in Libyan jails.
Ihsan Ullah whose brother is arrested in a Libyan jail, said huge number of Pakistani nationals have tried to move to Italy illegally recently.
He said that his brother Aman Ullah has been...
TAIPEI: Taiwan is suffering over 100 million cyber attacks on an average annually, and most of them are ‘reasonably suspected to be originating from China,’ said Taiwanese Deputy-Minister of digital affairs Lee Huai jen on Wednesday.
This is three to four times more than most of our neighbouring countries that are much larger than...
The Dutch government is planning to publish new export controls that will restrict more of ASML Holding’s chipmaking machines from being sent to China as soon as next week, according to people familiar with the matter.
The measures, which the government previously pledged to publish before the summer, will not...
Generative artificial intelligence, the technology that viral chatbot ChatGPT is based on, could be the new battleground in the battle for tech supremacy between the U.S. and China, according to one analyst.
Despite the two nations seeking better relations after U.S. Secretary of State Antony Blinken met with Chinese President Xi...
BERLIN: German Chancellor Olaf Scholz warned Beijing on Thursday against using force to change the status quo with Taiwan and expressed concern about the human rights situation in China, days after holding bilateral talks with the new Chinese premier.
Scholz told German lawmakers that Berlin wants constructive relations with China...
KARACHI: The foreign exchange reserves held by the central bank fell by $514.4 million during the week ending on June 16, 2023, according to data released by the State Bank of Pakistan (SBP) on Thursday.
According to the stats issued by the SBP, the country’s foreign reserves dropped by $514...
