Companies
Chinese FM to meet Taliban's top leaders in Doha
Beijing [China], October 25 (ANI): Chinese State Councilor and Foreign Minister Wang Yi, during his upcoming visit to Doha, will meet the top members of the Taliban’s interim government, reported Xinhua.
Wang Wenbin, the spokesperson for China’s Foreign Ministry, said that during the foreign minister’s visit to Doha at the invitation of Qatari Deputy Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani on October 25 and 26, he will meet the top figures of the Taliban’s interim government, reported Xinhua. Wang also emphasised that Qatar plays a unique role in the Afghan issue and it is China’s important energy and economic partner.
Stressing that the upcoming meeting between China and the Taliban in Doha is a continuation of their past exchanges, including the Tianjin meeting in July, Wang said that it is also their first high-level meeting since the Taliban’s announcement of a caretaker government.
The spokesperson also informed that both sides will exchange opinions on the Afghan situation and issues of common concern.
Chinese Foreign Minister’s visit to Qatar will deepen mutual political trust, strengthen pragmatic cooperation, Wang Wenbin said, adding, it will advance the strategic partnership between Beijing and Doha. (ANI)
China
Government subsidies don’t boost Chinese firms’ productivity
China’s industrial subsidies have caused considerable controversy both internationally and domestically. Trading partners have accused China of unfairly favouring its indigenous firms with subsidies, leaving foreign companies at a disadvantage in the race to lead the technologies of the future.
Governments around the world regularly spend an enormous amount of money subsidising businesses. But few spend like China. A 2022 report suggests that China spends 1.7–5 per cent of its GDP on industrial policies, more than most countries.
(more…)Companies
Chinese Smartphone Manufacturer Lays Off 3,000 Employees Following Closure of Chip Design Division
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
(more…)Companies
Company Owned by Chinese Billionaire Guilty of Paying $1 Million in Bribes to LA Councilman
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
(more…)- Guide for Foreign Residents: Obtaining a Certificate of No Criminal Record in China
- China Unveils Plan to Upgrade Industrial Equipment
- China deepens engagement with new Indonesian president as top diplomat visits Jakarta
- New Publication: A Guide for Foreign Investors on Navigating China’s New Company Law
- Lingang New Area in Shanghai Opens First Cross-Border Data Service Center to Streamline Data Export Process
- A Concise Guide to the Verification Letter of Invitation Requirement in the China Visa Process
