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China ‘purges’ 9 PLA generals, clampdown seen widening Upheaval weakens PLA, including in strategic rocket force More time needed to clean up corruption – analyst Problems may dissuade PLA from risking major clashes in near term BEIJING, Dec 30 (Reuters) – A sweeping purge of Chinese generals has weakened the People’s Liberation Army, exposing deep-rooted … Read more
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Blizzard and heavy snow forecast in Beijing Wed to Thu China issues first freezing alert since 2013 Cumulative snowfall in some areas by Fri could be highest in 10 yrs BEIJING, Dec 13 (Reuters) – Snow, blizzards and plunging temperatures swept northern China in what could be one of its most severe cold snaps in … Read more
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[1/2]A volunteer campaigns for the New People’s Party during the District Council election in Hong Kong, China, December 10, 2023. REUTERS/Tyrone Siu Acquire Licensing Rights HONG KONG, Dec 11 (Reuters) – A “patriots only” district election in Hong Kong that barred opposition democrats from the ballot sheet amid a national security squeeze had a record low … Read more
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BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country’s worst economic crisis in decades, with inflation heading towards 200%. “There is no alternative to a shock adjustment,” he said … Read more
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HONG KONG, Dec 10 (Reuters) – Three Hong Kong pro-democracy activists were arrested on Sunday, just before voting began in a “patriots only” district election that has marginalised formerly popular opposition figures in the city amid a national security clampdown. The pro-China government has been seeking to boost turnout, as some observers see large numbers … Read more
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An aerial view shows the BRP Sierra Madre on the contested Second Thomas Shoal, locally known as Ayungin, in the South China Sea, March 9, 2023./File Photo Acquire Licensing Rights Beijing, Dec 10 (Reuters) – The Philippines and China traded accusations on Sunday over a collision of their vessels in disputed waters of the South … Read more
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BUENOS AIRES/BEIJING, Dec 7 (Reuters) – Argentina’s President-elect Javier Milei has a China conundrum. The libertarian economist insulted communist-run China in a fiery campaign, but takes office on Sunday needing the country’s second-largest trade partner more than ever as a recession looms and foreign currency reserves run dry. Since he won the Nov. 19 election, … Read more
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A logo of luxury goods company Prada is seen at the entrance of a shop in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman/File Photo Acquire Licensing Rights SHANGHAI, Dec 6 (Reuters) – Prada has ambitions to double its business in China over the medium term, Gianfranco D’Attis, chief executive of the Italian luxury fashion house’s … Read more
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DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23% in the southern Spanish city compared to how many hours ACs ran during the same period in 2022. Lisbon’s average AC use, too, went up by … Read more
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U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Dec 5 (Reuters) – The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon … Read more