China’s Ministry of Commerce said China-Swiss talks on FTA upgrades is not stalled (GT)
2022-06-01

China, Switzerland in close contact on FTA upgrade: commerce ministry (Xinhua)
2022-05-31

China calls on Switzerland to exclude interferences over free trade upgrade, stresses deal not a gift (GT)
2022-05-30

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China urges U.S. to practice mutual respect, peaceful coexistence, win-win cooperation (Xinhua)
2022-06-02

Wang Yi says China has no geopolitical intentions in Pacific islands relations (SCMP)
2022-06-01

New Zealand parrots anti-China rhetoric as US exerts greater pressure on S.Pacific with empty talk of assistance (GT)
2022-06-01

China won’t accept Philippines accusation on fishing ban (GT)
2022-06-01

China criticises Japan’s ‘selfish’ attempt to extend claim in Philippine Sea (SCMP)
2022-05-31

China, Tonga to deepen ties in disaster relief, agri, health (GT)
2022-05-31

Do China’s Africa ambitions include a second military base? (SCMP)
2022-05-31

China, Pacific Island nations expand cooperation at second FMs’ meeting covering poverty alleviation, climate change and agriculture (GT)
2022-05-30

US views on China ‘gone seriously awry’, Chinese foreign minister warns during Pacific tour (SCMP)
2022-05-29

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China’s gay youth wanting to expand rights at home seek a different path to LGBT campaigners in the West (SCMP)
2022-06-02

Xi highlights ecological civilization (China Daily)
2022-06-02

Head of China’s market regulator takes over as acting mayor of Tianjin (SCMP)
2022-06-01

China’s third aircraft carrier ‘to be launched on Dragon Boat Festival’ (SCMP)
2022-05-31

‘Toxic’ textbooks sound ideological security alarm from infiltration (GT)
2022-05-30

China tightens measures to prevent import of monkeypox virus (Xinhua)
2022-05-30

China’s tourism industry forecast to rebound at least 20% for Dragon Boat Festival (GT)
2022-05-30

Xi Jinping invokes China’s past to rally confidence in its future as country vies with West (SCMP)
2022-05-29

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Covid-19 controls eased after protest in commuter town near Beijing (SCMP)
2022-06-02

Beijing to cautiously return to normal as COVID-19 risks still exist (GT)
2022-06-01

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Shanghai returning to normalcy as epidemic wanes (Xinhua)
2022-06-02

Shanghai reopening: commuters, shoppers and revellers return as China’s commercial hub cautiously restores life and work after lockdown (SCMP)
2022-06-01

Shanghai’s painful lockdown shows it is not the solution for China’s Covid woes (SCMP)
2022-05-31

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Senior Guangdong provincial legislator under probe (Xinhua)
2022-06-01

China's first deep-sea floating wind turbine "Fuyao" towed in China's Guangdong (Xinhua)
2022-05-30

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4 dead, 14 injured after earthquake hits China's Sichuan (Xihuan)
2022-06-01

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Tibet's first comprehensive bonded zone passes acceptance review (Xinhua)
2022-05-29

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UN human rights chief’s report into Xinjiang faces further delays (SCMP)
2022-06-01

A shame of human rights to coerce multinational companies to leave Xinjiang (GT)
2022-06-01

Ministry denounces US lies about Xinjiang visit (China Daily)
2022-05-31

Xinjiang visit 'unsupervised' and 'open,' UN human rights chief says as she wraps up China trip (GT)
2022-05-29

China-US divide over UN human rights chief’s visit to Xinjiang (SCMP)
2022-05-29

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3 Hong Kong universities place in top 10 in coveted ranking of Asia’s tertiary institutions (SCMP)
2022-06-02

Hong Kong’s Democratic Party urges next leader to clarify national security boundaries, pardon 2019 protesters (HKFP)
2022-06-01

Hiring remains big challenge for Hong Kong police, even after lifting rule on 7-year stay for new recruits (SCMP)
2022-06-01

Xi meets new HKSAR chief executive John Lee (Xinhua)
2022-05-30

Forum on national security law held in Hong Kong (Xinhua)
2022-05-29

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Macao continues to inject vigor into local economy (Xinhua)
2022-06-01

Beijing promotes Macau liaison office deputy director to head less than year after his arrival (SCMP)
2022-05-30

Macao's merchandise trade rises 19.1 pct in first four months (Xinhua)
2022-05-30

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US-Taiwan trade initiative signals a shift in approach, analysts say (SCMP)
2022-06-01

PLA holds three combat drills around Taiwan in one month amid US-Taiwan military collusion (GT)
2022-06-01

Taiwan air force training jet crashes, killing 23-year-old pilot (SCMP)
2022-05-31

Mainland chips companies refute Taiwan’s probe over alleged violation of local regulations (GT)
2022-05-30

Liz Truss meddling with Taiwan question only shows UK's lack of strength (GT)
2022-05-29

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China looks to prop up retail spending with consumption vouchers (Xinhua)
2022-06-01

China economy: Beijing unveils detailed stimulus plan to offset coronavirus damage (SCMP)
2022-05-31

China's energy supply generally stable this year: official (Xinhua)
2022-05-31

China foreign business sentiment reaches ‘tipping point’ as zero-Covid dents confidence, erodes attraction (SCMP)
2022-05-31

China Draws from Next Year’s Budget for Local Government Handouts (Caixin)
2022-05-31
China’s finance ministry has dipped into next year’s budget to hand over 400 billion yuan ($59.7 billion) to local governments to cover the cost of tax breaks and fee cuts designed to give businesses a break amid the country’s latest wave of Covid-19 outbreaks. The early release of the funds originally earmarked for next year shows the lengths that the central government is willing to go to bolster local economies as major provincial-level regions experienced economic slowdowns after rolling out stringent Covid-19 measures, and as some analysts have predicted that China will miss it GDP growth target for this year. In a statement on Friday, the Ministry of Finance said the latest transfer marks the third batch of such funds to support local governments, and the goal is to “close the gap between fiscal revenue and expenditure, and promote the smooth operation of fiscal systems at county and district levels.” The majority of the new funds are aimed at supporting local governments in implementing value-added tax credit refunds to help struggling businesses, as local coffers feel the pinch from doling out support. Revenue of the general public budget for both central and local governments plunged 41.3% year-on-year last month due chiefly to the refunds, according to the ministry. Previously, the finance ministry issued 400 billion yuan on March 21 and another 400 billion yuan on April 14. The first two batches of money were from the 2022 budget, where 9.8 trillion yuan had already been earmarked by the central government for transfer payments to local governments, up 18% from 2021. Jiangsu and Guangdong provinces, which host a large number of manufacturing sites and factories, received more funds than other provinces in the three batches — totaling 1.2 trillion yuan, according to Caixin’s calculations based on allocation plans released by the finance ministry. Jiangsu received a combined 99.1 billion yuan, and Guangdong received 75.1 billion yuan. They were followed by Sichuan, Shandong, Henan, and Zhejiang provinces, which received funds ranging from 58.4 billion yuan to 66.2 billion yuan. China has ramped up efforts to support businesses disrupted by Covid control measures, amid economist forecasts that China will miss its annual GDP growth target of about 5.5%. Goldman Sachs Group Inc. recently cut its 2022 expansion forecast to 4%. In a State Council meeting on Wednesday, Premier Li Keqiang said the government needs to strike a better balance between economic development and pandemic control with growth as the higher priority. The State Council has issued a series of policies, including tax relief for businesses, subsidies for grain farmers and deferred loan repayments for small companies and consumers. The premier ordered that the details of implementation measures be released before the end of May.

China's banking sector ratchets up support to boost economy (Xinhua)
2022-05-30

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Yoon Suk-yeol says South Korea will no longer ‘appease’ North, but are Seoul’s policies and China impacting future talks? (SCMP)
2022-05-31

US hits North Korea with fresh sanctions over missile development (SCMP)
2022-05-28

UN Security Council fails to adopt resolution on DPRK sanctions (Xinhua)
2022-05-27

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Mongolia, Kazakhstan hold inter-ministerial consultative meeting (Montsame)
2022-06-02

“Mongolia will have four export gateways in near future” (Montsame)
2022-05-31

About 900 Mongolian military personnel serving in UN peacekeeping operations each year (Montsame)
2022-05-30

New $110 Million Project will Boost Transport Connectivity and Logistics in Mongolia (Gogo Mongolia)
2022-05-27

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Embassy of Switzerland