Society

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Spring Festival Listed As UN Floating Holiday

The UN adds the Lunar New Year as a floating holiday from 2024, acknowledging its global significance and advising against meetings on this date. China’s UN deputy praised the move as reflecting peace, harmony, and the values of diverse civilizations. Read More: https://english.news.cn/20231223/0bed96d492bd4f139b7358c7686800a9/c.html

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First China International Supply Chain Expo Features Diverse Activities

The first China International Supply Chain Expo (CISCE), themed “Connecting the World for a Shared Future,” offers a platform for trade promotion, investment cooperation, innovation, and mutual learning. The event, organized by the China Council for the Promotion of International Trade and China International Exhibition Center Group, includes a Global Supply Chain Innovation and Development …

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Pinduoduo Sees Market Cap Close In on Alibaba as Third-Quarter Profit Jumps 47%

Pinduoduo’s market capitalization has neared rival Alibaba’s after the group-buying platform reported a 47% increase in Q3 profit from the previous year. Pinduoduo closed 18.1% higher at $139 a share, giving it a market cap of $183.4 billion, compared to Alibaba’s $195.2 billion. The company’s net income for the quarter ending Sept. 30 was CNY15.5 …

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Li Keqiang, China’s Former No.2, Dies Aged 68

Former Chinese Premier Li Keqiang, known for his reform-minded approach and support for economic reforms, passed away at 68. During his tenure, Li led China through the global financial crisis and managed some economic challenges, but his power was overshadowed by President Xi Jinping. His death marks the end of his reformist agenda as Beijing …

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Israel’s Move into Gaza Marks Dangerous New Phase in War

Israeli forces have begun a new phase of their war on Gaza, heightening the risk of a broader conflict. The declared objective is to eradicate Hamas and implement a new administration. Though advised against a full-scale invasion, Israel’s task is likened to driving Isis out of Mosul. There are concerns about the potential opening of …

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China, Mongolia, Russia Hold First High-Level Security Trilateral

In a trilateral security consultation in Moscow, China, Russia, and Mongolia discussed significant security issues. This comes as Mongolia plans to update its National Security Concept amidst growing global tensions. The countries are aiming to strengthen cooperation, considering potential joint projects and concerns about political stability and influence in Mongolia. Read More: https://www.globaltimes.cn/page/202307/1295259.shtml

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China, South Africa Push ‘Peace Plan’ For Ukraine at BRICS Summit

China and South Africa want to join discussions to end the war in Ukraine. They stress the importance of dialogue and peace talks. China has suggested a 12-point plan, including a ceasefire and lifting unilateral sanctions on Russia. The BRICS summit also focuses on reducing reliance on the dollar and boosting trade with Africa and …

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Japan: IAEA Monitoring Treated Water Release from Fukushima Nuclear Plant

The UN nuclear watchdog oversees the release of treated water from Fukushima. Japan’s choice to release water into the sea has received criticism. The IAEA supplies real-time information and ensures adherence to global safety standards. The treated water, which was contaminated during the nuclear incident, undergoes filtration and is stored. An IAEA report confirms the …

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Typhoon Doksuri Lashes China’s Fujian Province After More Than 400,000 Evacuated

Typhoon Doksuri hit China’s southeastern coast and Taiwan, causing power cuts, school closures, and travel delays. The storm killed at least 39 people in the Philippines and caused flooding and landslides. Over 724,600 people were affected in China, and direct economic losses amounted to $7.3 million. Read More: https://edition.cnn.com/2023/07/28/asia/typhoon-doksuri-china-landfall-intl-hnk/index.html