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Rachel Beard

Rachel Beard

China's Green Transition: Premier Li Qiang Unveils Plans for Economic Revitalization

China's Green Transition: Premier Li Qiang Unveils Plans for Economic Revitalization

Lede: Chinese Premier Li Qiang announces potential measures to boost China's economy, emphasizing a transition towards green development and increased external economic cooperation. What we know: * Premier Li Qiang addressed a recent World Economic Forum summit, discussing plans to stimulate the Chinese economy. * He outlined measures such as

China and Pakistan Solidify Alliance with a $4.8 Billion Nuclear Power Plant Agreement

China and Pakistan Solidify Alliance with a $4.8 Billion Nuclear Power Plant Agreement

Lede: Pakistan and China have made a massive $4.8 billion agreement to construct a 1,200-megawatt nuclear power plant, marking a significant step forward in their bilateral relations. What we know: * A $4.8 billion agreement for a 1,200-megawatt nuclear power plant has been signed between Pakistan and

Taiwan's Legislative Speaker Advocates Stronger U.S. Ties Amid Growing Chinese Tensions

Taiwan's Legislative Speaker Advocates Stronger U.S. Ties Amid Growing Chinese Tensions

Lede: Taiwan's Legislative Speaker, You Si-kun, recently visited the U.S. Capitol, meeting with members of the House Committee on Competition with China, to discuss the potential for deepening economic and security ties. What we know: * Si-kun, Taiwan’s top legislative official, focused on the importance of U.

Brazil's Suzano SA and Yuan Adoption Reflect Shift from Dollar Dominance in Commodity Markets

Brazil's Suzano SA and Yuan Adoption Reflect Shift from Dollar Dominance in Commodity Markets

Lede: Brazil's Suzano SA, the largest hardwood pulp producer, is considering pricing its products in yuan for sales to China, signaling a growing shift away from the dollar's dominance in commodity markets. This follows the move last month by a Rio-based Chinese bank connecting to China&

Report: China Escalating Use of Exit Bans

Report: China Escalating Use of Exit Bans

Lede: A report by Safeguard Defenders, a human rights NGO, found that China has steeply increased imposition of exit bans on both Chinese citizens and foreigners, contradicting claims of openness to business and foreign investments, and raising concerns among foreign business communities. What we know: * The group's investigation

Chinese Yuan Surpasses US Dollar in Cross-Border Transactions Within China for the First Time

Chinese Yuan Surpasses US Dollar in Cross-Border Transactions Within China for the First Time

Lede: The Chinese yuan in March surpassed the U.S. dollar in usage for cross-border transactions within China for the first time, reflecting Beijing's ongoing efforts to internationalize its currency. What we know: * The yuan's share of China's cross-border payments and receipts reached a

Germany Seeks Cooperation and Eases Tensions with China: A High-Level Summit in June

Germany Seeks Cooperation and Eases Tensions with China: A High-Level Summit in June

Lede: Germany's Chancellor Olaf Scholz aims to hold high-level discussions with China in June, focusing on enhancing economic ties, addressing climate change, easing tensions over Taiwan, and addressing China's perceived support for Russia's actions in Ukraine. What we know: * Scholz and key Cabinet ministers