China News
CNOOC Limited disovers oil at Kaiping South oil field in South China Sea
The discovery of a significant oil field is set to add over 100 million tons of oil to existing reserves. The well, named KP18-1-1d, was drilled at a depth of 3,462 meters and subsequent tests indicated an average production rate of 7,680 barrels of crude per day, as well as .52 million cubic feet of natural gas.
By Globe Banner | Mar 7, 2024
Macao, China accepts Agreement on Fisheries Subsidies
The World Trade Organization (WTO) announced that China has accepted the Agreement on Fisheries Subsidies. China submitted its instrument of acceptance to WTO Director-General Ngozi Okonjo-Iweala. The Permanent Representative of Macao, China, Ms. Lúcia Abrantes Dos Santos, made the presentation.
By Globe Banner | Oct 20, 2023
Latest News
DG Okonjo-Iweala urges WTO members to prioritize development goals at MC13
By Globe Banner | Oct 2, 2023
During the 6th South-South Dialogue on Least-Developed Countries (LDCs) and Development, Director-General Ngozi Okonjo-Iweala emphasized the potential of the upcoming 13th Ministerial Conference (MC13) to advance trade outcomes in alignment with LDCs' development goals. Nearly 80 representatives from LDCs and their collaborators participated in the gathering to deliberate on trade and development priorities in preparation for MC13 according to a press release.
Plus-Sized Furniture, a Growing Trend in the Global Market, Fueled by Increasing Obesity Rates
By Globe Banner | Sep 24, 2023
Plus-Sized Furniture, a Growing Trend in the Global Market, Fueled by Increasing Obesity Rates
WTO: China accepts Agreement on Fisheries Subsidies
By Ashley Haley | Aug 23, 2023
The World Trade Organization (WTO) announced on Aug. 21 that Hong Kong, China submitted its formal acceptance of the Agreement on Fisheries Subsidies, according to a press release. Drew Lai, acting permanent representative, handed over Hong Kong, China's acceptance instrument to Director-General Ngozi Okonjo-Iweala, marking the 16th acceptance received by the WTO.
USDOT: “Our overriding goal is... to maintain a competitive balance and fair and equal opportunity among U.S. and Chinese air carriers”
By Globe Banner Report | Aug 14, 2023
The U.S. Transportation Department (USDOT) has confirmed plans to increase the number of Chinese passenger flights permitted to fly to the U.S. from 12 to 18 weekly roundtrips on Sept. 1 and increase that to 24 per week starting Oct. 29, a Reuters news report said.
Proteintech CEO: 'It is an exciting time for Proteintech as we’re expanding in several of our global locations this year'
By Globe Banner Report | Aug 9, 2023
Antibodies and life science solutions company Proteintech, based in Rosemont, Illinois, has expanded its local headquarters and established a new office in Shanghai, China, as well as two new buildings in Wuhan, China, according to a press release.
Okonjo-Iweala: 'I am delighted to welcome China's formal acceptance of the Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 18, 2023
On June 27, 2023, China formally accepted the Agreement on Fisheries Subsidies which signifies China's commitment to addressing harmful subsidies and promoting sustainable fishing practices on a global scale. Director-General Ngozi Okonjo-Iweala welcomed China's formal acceptance of the Agreement.
True Religion CEO: 'Expansion into the Chinese market has been on our roadmap for the past several years'
By Globe Banner Report | Mar 31, 2023
True Religion has entered a partnership with partner Aurorae Group, owner of EVISU Group to expand its presence in China, according to a press release.
Christian human rights group ChinaAid releases Annual Persecution Report for 2022: 'We are gravely concerned'
By Sam Jackson | Mar 9, 2023
ChinaAid, a Christian nonprofit human rights organization, recently released its annual report, which details how Chinese Communist Party officials continue to persecute religious groups.
Birol: ‘The biggest answer to the energy markets in the next months to come is [from] China’
By Karla Florez | Feb 28, 2023
The International Energy Agency’s executive director, Fatih Birol, recently expressed his uncertainty regarding global energy markets, revealing that the fate of the industry currently depends on China’s recovery from recent shutdowns.
Big Data China publication reviews autonomy of Chinese companies
By Andy Nghiem | Feb 14, 2023
The Center for Strategic & International Studies (CSIS) recently presented its latest Big Data China publication, "How Private Are Chinese Companies?"
Council on Foreign Relations notes China's first population decline in 60 years
By Sam Jackson | Feb 1, 2023
For the first time in 60 years, China has recorded a decline in its population, but the drop won't be a reason for concern unless the Chinese government makes it one, according to the Council on Foreign Relations.
Tiffany on recognizing an independent Taiwan: 'Taiwan is a free, democratic and independent country'
By Sam Jackson | Jan 30, 2023
Wisconsin Rep. Tom Tiffany believes it's time to recognize Taiwan as an independent state, so he has introduced legislation that would eliminate the "One China" policy the U.S. has maintained for years and formally recognize Taiwan.
Carter: 'The CCP has an ear in every TikTok user’s pocket'
By Globe Banner Report | Jan 24, 2023
Congressman Buddy Carter (R-GA) said banning TikTok from government devices is a good start, but he believes there is more work to do in order to protect Americans' data and privacy from the Chinese Communist Party (CCP).
DeSantis: It's not in Florida's best interest for 'hostile nations,' including China, to own property in state
By Karen Kidd | Jan 20, 2023
Gov. Ron DeSantis wants to keep China from buying up more land in Florida.
Donalds: ‘I fully support the bipartisan efforts to ban TikTok on government devices’
By Globe Banner Report | Jan 16, 2023
U.S. Rep. Byron Donalds (R-FL) recently expressed that he is in favor of banning TikTok from government devices for security purposes and believes the app also harmful for children and young adults.
Johnson: Recent China-only Apple update 'aiding the CCP’s censorship of speech and stifling pro-democracy protests'
By Globe Banner Report | Dec 13, 2022
U.S. Rep. Dusty Johnson (R-SD) published a tweet on Dec. 1 concerning accusations that Apple has begun limiting AirDrops between iPhone users who don't have each other saved as contacts to 10 minutes at a time before automatically resetting and halting the sharing.
Former ambassador on trade with China: In a time of inflation, tariffs are 'the worst thing you can have in a trading relationship'
By T.H. Lawrence | Dec 9, 2022
Former Utah Gov. Jon Huntsman, who also served as ambassador to Singapore, Russia and China and was a 2012 Republican presidential candidate, discussed multiple issues involving the United States and China during a Nov. 16 webcast sponsored by the National Committee on U.S.-China Relations.
Cheung on China's techno security state: 'It’s also about political security because it ensures the survival and the stability of the Communist Party'
By Gregory Burnett | Dec 6, 2022
The book explores the Chinese government's efforts to utilize technological innovation to help China become a global techno-superpower.