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Chip shortage in China may reduce car production by about 2 million till year end (Global Times)

The shortage of chips may reduce car production by about 2 million units throughout the year in China, Chen Bin, Executive Vice President from...

Trains transport much needed coal as cold front arrives amid energy shortage (Global Times)

Over 22 million tons of coals have been shipped off from northern part of coal-producing Shanxi Province in North China by train in the...

Hong Kong to build new logistics center and park to boost intermediary trade (Chi Jingyi, Global Times)

Hong Kong will build a new logistics center at Hong Kong airport and in Dongguan in Hong Kong’s neighboring province Guangdong in South China,...

Evergrande spillover risks ‘controllable’ (Global Times)

China's central bank on Friday said the spillover effects of China Evergrande Group's liquidity crisis are controllable, the first public statement since the company...

PLA on high alert, vows to shatter any ‘Taiwan independence’ separatist acts: Defense Ministry spokesperson (Global Times)

China expressed strong dissatisfaction and resolute opposition to a US statement claiming the PLA's intensified military drills in the Taiwan Straits have damaged regional...

Xi, EU’s Michel stress strategic independence in phone talk; EU ‘never changed its policy on Taiwan island’ (Liu Xin, Yu Jincui, Zhang Changyue, Global...

Chinese President Xi Jinping and European Council President Charles Michel spoke on the phone on Friday, and they stressed the significance of increasing the...

Russia-Japan Relations: Were Abe’s Efforts In Vain? (Dmitri Trenin, Carnegie Moscow Center)

One year after the end of Shinzo Abe’s long period of leadership, Japan has a new prime minister once again. The greatest foreign policy...

What Does China’s Energy Crisis Mean for Russia? (Vita Spivak, Carnegie Moscow Center)

While the world discusses the unprecedented rise in gas prices in Europe, another energy crisis is unfolding on the other side of Russia’s borders....

The Rude Awakening: Europe Is Struggling to Secure Gas Supplies (Vitaly Yermakov, Valdai Discussion Club)

How short memories are! There was an extreme glut of gas in Europe in the 2018-2020 seasons. Gas prices during summer of 2020 dropped...

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