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Davos 2023: China reopens its doors with investment pitch to global elite

By Brenda Goh and Mark John DAVOS, Switzerland (Reuters) – China’s Vice-Premier Liu He welcomed foreign investment and declared his country open to the world on Tuesday after three years of pandemic isolation. Liu’s explicit pitch to global leaders gathered in Davos made it clear China wants international investors to play a key role in …

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China says critical COVID cases have peaked as holiday travel surges

By Bernard Orr and Martin Quin Pollard BEIJING (Reuters) – The number of COVID patients needing critical care in China’s hospitals has peaked, health authorities said on Thursday, as millions travelled across the country for long-awaited reunions with families, raising fears of fresh outbreaks. There has been widespread scepticism over China’s official COVID data since …

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Pakistani Taliban attacks police outpost, killing three officers

PESHAWAR (Reuters) – The Pakistani Taliban on Thursday claimed responsibility for a suicide bomb attack on a police post in northern Pakistan that killed three police officers. Attackers threw grenades at a police outpost near the Afghan border in northern Khyber Pakhtunkhwa province and entered the premises where a suicide bomber detonated explosives, according to …

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Pakistan’s PM and Russian energy minister discuss oil and gas supply

ISLAMABAD (Reuters) – Pakistan’s Prime Minister Shehbaz Sharif met with Russia’s energy minister in Lahore on Thursday, discussing the possibility of Moscow supplying oil and gas to the South Asian nation, according to a Pakistani government statement. “Both sides agreed on the importance of (the) energy sector for the development of bilateral economic and trade …

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Taiwan fines Foxconn for unauthorised China investment

TAIPEI (Reuters) -Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm, but said the Taiwanese iPhone assembler had cooperated in the case and so received a lesser punishment. Taiwan, which Beijing views as sovereign Chinese territory, has kept a wary eye on China’s ambition to boost …

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No hope of any survivors in Nepal’s deadliest crash in 30 years, officials say

By Gopal Sharma KATHMANDU (Reuters) – Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country’s deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. Rescue teams used drones and rappelled down deep gorges on Tuesday to …

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India foreign minister visits Sri Lanka with stronger ties, China in focus

By Uditha Jayasinghe COLOMBO (Reuters) -India’s foreign minister arrives in Colombo on Thursday following his country’s backing of Sri Lanka for a $2.9 billion International Monetary Fund (IMF) loan, leaving China as the island’s last remaining major creditor which has yet to agree to the debt restructuring plan. India has told global lender IMF that …

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South Korea, Iran summon each other’s envoys as spat over Yoon remarks deepens

By Hyonhee Shin SEOUL (Reuters) -Iran and South Korea summoned each other’s envoys in a deepening spat over comments by South Korean President Yoon Suk-yeol that described the Islamic republic as the enemy of the United Arab Emirates. Yoon, speaking to South Korean troops stationed in Abu Dhabi earlier this week, said South Korea and …

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Former China Life Insurance chairman charged with bribery, hiding funds

BEIJING (Reuters) – Wang Bin, the former chairman of China Life Insurance Co and its former Communist Party chief, has been charged with taking bribes and concealing deposits abroad, the official Xinhua news agency said on Thursday. (Reporting by Beijing newsroom; Editing by Christian Schmollinger)

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