Page 19 - Global Time News Today

"The US use of force is a clear overreaction and a serious violation of international practice," Chinas foreign ministry said Sunday about downing the balloon.

The Biden administration has reportedly halted approving licenses for US suppliers to export most items to Chinese tech company Huawei, and is weighing complete ban to cut Huawei off from all American suppliers, a sign that paranoid Washington has taken its relentless assault on the Chinese tech industry a step further and morphed it into a geopolitical battle for supremacy.

The once-a-year Spring Festival, Chinas most important traditional holiday, had just ended with a stunning rebound in consumer spending. Shopping malls, restaurants were thronging with shoppers, and overseas travelling companies across the world from Thailand, Singapore to Indonesia were also eagerly welcoming the return of Chinese travelers with their biggest smiles.

As more signs of recovery are emerging in the Chinese economy, economists have expressed optimism and confidence toward the nations economic outlook in 2023, predicting that recent rapid recovery will be further boosted by various factors such as increased consumption, stabilized employment and continuous opening-up.

When China moved to optimize its COVID-19 response measures in early December and infections surged, foreign media outlets unleashed a tsunami of misinformation, fear-mongering and slander against Chinas anti-epidemic strategy over the past three years and its impact on the economy. Some overseas financial institutions even slashed forecast for Chinas economic growth in 2022.

China’s state-run Global Times on Thursday unloaded a pair of hit pieces on the new Republican Speaker of the House, Kevin McCarthy (R-CA).

A Chinese Communist Party newspaper hit back Thursday at the establishment of a House select committee on the challenges posed to the U.S. by the CCP, accusing Speaker Kevin McCarthy (R-Calif.) of emulating his namesake who led Senate investigations into allegations of communist infiltration in the federal government in the 1950s.

China on Thursday unveiled a new credit policy to promote urban housing sales, allowing cities where home prices see steep drops in three consecutive months to reduce mortgage rates.

What did Global Times say about Speaker race? Who is Mike Gallagher? What did Mike Gallagher say about democracy. How is China reacting to US House speaker race.

While a U.S. professor receives positive press for challenging the “anti-China” mindset, a Chinese expert gets smeared for being too “pro-U.S.”