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The China-Pakistan Economic Corridor (CPEC) — estimated to be worth US$62 billion by the Brookings Institution – is the most high-profile symbol of bilateral cooperation between the two nations. However, a surge in attacks against Chinese nationals building plants and elsewhere in Pakistan in recent years has cast a shadow on the CPEC.
“Since Covid, the demand for travel between Australia and China has not recovered as strongly as expected. In some months, our flights to and from Shanghai have been operating around half-full,” Qantas International CEO Cam Wallace said.
A civilian group from the Philippines will continue its resupply mission to Filipino fishermen in the Scarborough Shoal, even in light of US reports of China sending a huge blockade to thwart the effort, in a latest move that could signal yet another flashpoint in the disputed South China Sea.
A version of this article has also been published by The Korea Times in partnership with the South China Morning Post.
Gopal Nadadur is based in New Delhi as vice president for South Asia at The Asia Group, a strategic advisory firm. Sam Ide is based in Washington as the firm's vice president for China.
HONG KONG -- Chinese e-commerce group Alibaba Group Holding said on Tuesday that the long-delayed conversion of its listing in Hong Kong to primary status will be completed by the end of August this year.
NEW YORK/WASHINGTON -- The Biden administration on Tuesday announced a major increase in tariffs on Chinese electric vehicles and solar panels to prevent cheap products from "flooding" the U.S. market.
Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability at its advertising and business services division.