2024-03-05: News Headlines

albawaba (2024-03-05). Red Sea cable damage disrupts Asia-Europe internet connection. albawaba.com ALBAWABA – Significantly, damage to undersea cables has damaged the region's telecommunications infrastructure in the Red Sea, causing major disruptions in internet connectivity between Asia, Europe, and the Middle East.Significant disruptions have been caused by the damage to four main telecommunications cables; estimates indicate that up to 25% of internet traffic between these locations has been impacted.Hong Kong-based telecom provider HGC Global Communications has rerouted traffic in an effort to lessen the effect on consumers and support impacted businesses.Questions regarding accountability remain unanswer…

chinausfocus.com (2024-03-05). BRICS Positions Itself for Leadership of Developing WorldCalling for "greater representation of emerging markets and developing countries" in international institutions, from the United Nations and its Security Council to the International Monetary Fund (IMF) and the World Bank, BRICS is also emerging as the …

infobrics (2024-03-05). "Russia Has Never Hurt Our Interests": S Jaishankar. infobrics.org Mr Jaishankar also said he did not expect the West to understand the nuances of India's relationship with China, just as he might not appreciate aspects of their relationship with that country…

ecns.cn (2024-03-05). NPC HK deputy proposes increasing paid annual leave days to boost tourism and consumption. ecns.cn Considering that the implementation of working hours and paid annual leave in China is not ideal and there is insufficient protection for the young labor force, Kenneth Fok Kai-kong, a deputy from the Hong Kong Special Administrative Region (HKSAR) to the 14th National People's Congress.

Finbarr Bermingham (2024-03-05). As West wobbles on Ukraine war, China's envoy kicks off European tour. scmp.com Trip comes as there are signs Ukraine is taking China's possible role more seriously than officials elsewhere in Europe, analysts say.

ecns.cn (2024-03-05). China sets targeted fiscal deficit-to-GDP ratio at 3%. ecns.cn China has set the targeted fiscal deficit-to-GDP ratio at 3 percent this year, according to the Government Work Report delivered by Premier Li Qiang at the opening meeting of the second session of the 14th National People's Congress in Beijing on Tuesday.

ecns.cn (2024-03-05). China invested $167 bln last year in water resources management. ecns.cn China saw investment in water resources management reach a historical high in 2023, as it strove to address water resources-related problems of public concern, said Li Guoying, minister of water resources.

ecns.cn (2024-03-05). China pushes for 5% GDP growth. ecns.cn China aims to see economic expansion at around 5 percent for 2024, unchanged from last year, as the world's second-largest economy will leverage intensified and targeted macro policies to sustain stable growth.

Asma Khalid (2024-03-05). What Pakistan's political changes mean for China, the US and India. scmp.com With Imran Khan out of the picture, the military-backed coalition government is set to maintain strong relations with China, while ties with the US should continue to stabilise. The new political landscape could also pave the way for meaningful dialogue with India, leading to warmer relations.

Eric Toussaint (2024-03-05). Part 3] Questions/Answers on China : Is China doing what the World Bank, IMF and US are doing? cadtm.org

ecns.cn (2024-03-05). 'Mysterious world' illuminated in Guangxi. ecns.cn Colorful lanterns create a "mysterious world" on Qingxiu mountain in Nanning, south China's Guangxi Zhuang Autonomous Region.

ecns.cn (2024-03-05). 2nd session of 14th National People's Congress held in Beijing. ecns.cn The opening meeting of the second session of the 14th National People's Congress (NPC) is held at the Great Hall of the People in Beijing, March 5, 2024.

ecns.cn (2024-03-05). Xi takes part in deliberation at annual national legislative session. ecns.cn President Xi Jinping on Tuesday took part in a deliberation with his fellow deputies from the delegation of Jiangsu Province at the second session of the 14th National People's Congress, China's national legislature.

ecns.cn (2024-03-05). 'Irresistible' opportunities in economy. ecns.cn China will continue to be one of the most dynamic economies in the world, making great contributions to the global economy and providing irresistible development opportunities to high-tech companies from developed countries.

ecns.cn (2024-03-05). China Coast Guard acts against illegal Philippine vessels. ecns.cn The China Coast Guard took control measures in accordance with law on Tuesday against Philippine vessels that illegally intruded into the waters near Ren'ai Reef in the Nansha Islands, the coast guard said in an online statement.

ecns.cn (2024-03-05). China increased R&D investment 8.1% to over $458 bln. ecns.cn Last year, China's annual R&D investment exceeded 3.3 trillion yuan ($458.4 billion), an increase of 8.1 percent over the previous year, said Yin Hejun, minister of science and technology.

ecns.cn (2024-03-05). Nation leads world in deep-sea exploration. ecns.cn China accounted for more than half the world's crewed deep-sea explorations over the past three years, according to a project insider.

eng.belta.by (2024-03-05). $120m in taxes paid by China-Belarus industrial park Great Stone since foundation. eng.belta.by Alesya Abramenko said: "The total sum of taxes paid to the state budget since resident companies and the joint company have started operating exceeds $120 million. Three times more than the money the state has spent on infrastructure."

Frank Chen (2024-03-05). China's 'two sessions' 2024: as GDP gap with US widens, will the 'East wind' prevail? scmp.com Many had predicted China to surpass the US in terms of GDP by the middle of this century, but recent trends suggest such a swap may be farther off — if it even happens at all.

jamanetwork (2024-03-05). Low Levels of Protein Biomarker Could Predict Sepsis Deaths. jamanetwork.com Lower amounts of a type of cytokine protein might help clinicians understand which patients with sepsis are at a higher risk of dying during the next month, a cohort study in Science Translational Medicine found. The study looked at data from 452 patients with sepsis and 80 healthy participants in China.

ecns.cn (2024-03-05). China proposes to increase defense budget to 1.67 trillion yuan. ecns.cn The Chinese government has proposed a defense budget of 1.67 trillion yuan ($231 billion) for the 2024 fiscal year, a 7.2 percent year-on-year increase, according to a draft budget report submitted to the national legislature on Tuesday morning.

ecns.cn (2024-03-05). Gov't to focus on modern industrial system, new quality productive forces. ecns.cn China will make further efforts to accelerate the establishment of a modern industrial system and develop new quality productive forces at a faster pace, according to this year's Government Work Report released on Tuesday.

ecns.cn (2024-03-05). In Numbers: China's economic, social progress in 2023. ecns.cn

ecns.cn (2024-03-05). Premier undertakes to grow HK, Macao economies, improve lives. ecns.cn Chinese Premier Li Qiang pledged on Tuesday to support Hong Kong and Macao in growing their economies, improving the lives of their people and participating in the development of the Guangdong-Hong Kong-Macao Greater Bay Are by leveraging their distinctive strengths and features.

ecns.cn (2024-03-05). China to pursue high-quality opening-up, shorten 'negative list' for foreign investment: Premier Li Qiang. ecns.cn China will ramp up efforts to attract foreign investment, including further shortening the "negative list" for foreign investment, and all market access restrictions on foreign investment in manufacturing will be abolished.

ecns.cn (2024-03-05). China Coast Guard acts against illegal Philippine vessels. ecns.cn The China Coast Guard said it "took control measures" on Tuesday against the Philippine vessels that illegally entered the waters near the Ren'ai Reef of the Nansha Islands in the South China Sea.

ecns.cn (2024-03-05). PLA monitors U.S. warship in Taiwan Strait. ecns.cn The People's Liberation Army tracked and monitored a United States warship that transited the Taiwan Strait on Tuesday, a military spokesperson said on Tuesday afternoon.

ecns.cn (2024-03-05). Gov't Work Report lays out economic plan for 2024. ecns.cn China aims to see economic expansion at around 5 percent for 2024, unchanged from last year, as the world's second-largest economy will leverage intensified and targeted macro policies to sustain stable growth.

ecns.cn (2024-03-05). China's 5% GDP target in line with govt goals. ecns.cn The 5 percent growth target outlined in the annual Government Work Report is in line with China's aim to create 12 million urban jobs this year and turn itself into a mid-level developed economy by 2035, said head of the report's drafting task force on Tuesday.

ecns.cn (2024-03-05). NPC deputies interviewed before annual session. ecns.cn Deputies to the second session of the 14th National People's Congress (NPC) are interviewed ahead of the opening meeting at the Great Hall of the People in Beijing, March 5, 2024.

ecns.cn (2024-03-05). Adviser urges focus on AI security. ecns.cn While focusing on catching up with the development of artificial intelligence, China needs to attach greater importance to security issues brought about by the wide use of AI.

ecns.cn (2024-03-05). China sets 2024 GDP growth target at around 5%. ecns.cn China on Tuesday set a growth target of around 5 percent for its economy in 2024, which exceeds expectations of some international institutions, demonstrating that the country's top policymakers remain confident in maintaining stable growth.

ecns.cn (2024-03-05). First volume of 'Xi Jinping: The Governance of China' published in Bulgarian. ecns.cn The first volume of "Xi Jinping: The Governance of China" was published in Bulgarian on Monday.

Eric Toussaint (2024-03-05). Part 4] Questions and answers on China : Could China lend differently? cadtm.org

Reuters (2024-03-05). Brazil's top soybean city seeks to lure Chinese investments in grain-crushing industry. scmp.com Sorriso mayor Ari Lafin noted that while the Chinese were receptive to his delegation's proposals, COFCO tends to prefer processing soybeans in China…

ecns.cn (2024-03-05). Xinjiang's green electricity trading hits new high. ecns.cn Green electricity trading in the Xinjiang Uyghur Autonomous Region reached a record high this year, according to Xinjiang Power Trading Center on Tuesday.

ecns.cn (2024-03-05). Premier Li vows prudent monetary policy. ecns.cn China will implement prudent monetary policy in a flexible, appropriate, targeted and effective way while making efforts to enhance the underlying stability of the capital market.

ecns.cn (2024-03-05). Insights‰∏®French climate expert: China is a nice example of decarbonization using renewables. ecns.cn The green development continues to be a hot topic of the Two Sessions. In recent years, China's new energy industry has advanced by leaps and bounds, with new energy vehicles, lithium batteries, and photovoltaic products becoming new growth poles of China's exports. As the Two Sessions kicked off, China News Network invited Joseph Dellatte, research fellow for climate, energy and environment at Institut Montaigne, to look ahead China's development of renewable energies. Dellatte noted that global carbon neutrality"ÄÄcannot be achieved without China achieving its own carbon neutrality. He added tha…

ecns.cn (2024-03-05). Morgan Stanley Securities receives approval to apply for new license. ecns.cn Morgan Stanley Securities (China) has been approved to commence securities investment in consulting business and change the proprietary operation of bonds, including government bonds and corporate bonds, into proprietary securities trading.

ecns.cn (2024-03-05). China aims to add over 12 million new urban jobs in 2024. ecns.cn China's central government aims to create over 12 million new urban jobs in 2024, with surveyed urban unemployment rate of around 5.5 percent, according to the Government Work Report delivered by Chinese Premier Li Qiang in Beijing on Tuesday.

ecns.cn (2024-03-05). Foreign envoys on China's two sessions. ecns.cn Foreign envoys attend the second session of the 14th National Committee of the Chinese People's Political Consultative Conference, which opened at the Great Hall of the People in Beijing on Monday.

WSWS (2024-03-05). Deepening economic problems as China's National People's Congress meets. wsws.org Yesterday it was announced that Premier Li Qiang will not hold a press conference, the first time this has happened in 30 years.

teleSUR, JCM (2024-03-05). Asamblea Popular de China realizan segunda sesión de trabajos. telesurtv.net Zhao Leji, presidente ejecutivo del presidium de la sesión, presidió la reunión. El primer ministro chino, Li Qiang, presentó el informe sobre la labor del Gobierno.

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