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US Treasury Secretary Janet Yellen will arrive in China on Thursday, and is set to visit the southern city of Guangzhou and capital city of Beijing during her week-long trip.
Analysts say that while enhanced financial ties between the two countries could help internationalise China’s currency, Beijing tends to play it safe when upholding its neutrality regarding the war in Ukraine.
The EU’s inquiry over subsidies issued to a Chinese company in the procurement of a train order, announced shortly after a similar probe over electric vehicles, indicates China-EU relations are likely to remain touch-and-go.
Xinjiang to accelerate energy output as Red Sea crisis wears on Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.