Author: Media Library

Advertisement Nine months in, however, gloom hangs over the relationship, as the bloc grows increasingly frustrated at the Asian giant’s action on trade and what it sees as its catalysing support for Russia on the battlefield. “Some expected some kind of charm offensive by China … we haven’t seen a charm offensive. We’ve seen, rather, a worsening of our relations with China,” Maria Martin-Prat, the EU’s deputy director for trade, said at an event in Brussels this week. An EU-China summit in July produced just one deliverable: a government-to-government alarm…

Tron blockchain founder Justin Sun has unveiled a new financial product linked to USDT, the world’s most popular stablecoin, as Democratic lawmakers called on the US Securities and Exchange Commission (SEC) to look into “concerning ties” between the cryptocurrency entrepreneur and US President Donald Trump’s family. Advertisement In a social media post on Friday, Sun said he launched a website dedicated to “perpetual futures”, also known as “perps” – financial instruments that allow traders to speculate on the price of an asset at an unspecified point in the future. He…

China’s diplomatic missions in the United States have launched a new online visa application system as part of its efforts to boost tourist revenues and people-to-people exchanges. Advertisement The process previously required at least two in-person visits: first to submit application materials and later to provide biometric information and submit their passports after initial approval. But starting from September 30, the first part can be done online, the Chinese embassy said on Friday. The second part remains unchanged. A similar system will also be introduced in Canada on the same…

A former Indian Navy commander has said India had “no business” getting involved in disputes in the South China Sea, but stressed the need for it to boost its defences in case of a conflict in Asia. Advertisement Shekhar Sinha, a retired vice-admiral, said that even as China grew more “aggressive” towards smaller claimant states of the contested waterway, India did not have much of a role to play. “India has got economic interests in the South China Sea. If its economic interests are being hurt, our navy will go,”…

Several planned concerts in China by Hong Kong Cantopop idol William So Wing-hong have been cancelled following a public backlash over his past drug involvement, reigniting debate around whether artists convicted of drug offences are allowed to re-enter the spotlight. Advertisement The incident has drawn strong criticism from the Communist Party mouthpiece, People’s Daily, which argued that cancelling the concerts alone was not sufficient and called for legal accountability from those responsible for approving the event. “The authority and values of the relevant departments are heavily questioned, and public trust…