• 2024-09
    06

    On September 5th local time, Hunter Biden, son of US President Biden, pleaded guilty to nine charges in his federal tax case. Previously, Hunter Biden was charged with 9 federal tax offenses in December last year, including failure to declare and pay taxes, tax evasion, and submitting false or fraudulent tax returns. Among the 9 charges, there were 3 serious offenses and 6 minor offenses.

  • On September 5th local time, John Kirby, spokesperson for the White House National Security Council, stated that Israel and the Palestinian Islamic Resistance Movement (Hamas) have not yet reached an agreement on the exchange of detainees in the ceasefire agreement.

  • According to Russian media reports on September 5th, Russian President Putin stated that Russia will support Democratic candidate Kamala Harris in the US presidential election, as recommended by current US President Biden.

  • The 9th Eastern Economic Forum Plenary Session was held in Vladivostok, Russia on September 5th local time. Russian President Putin attended and delivered a speech. According to reports, Putin said at the forum that he is ready to negotiate with Ukraine, but the negotiations need to be based on the draft future peace agreement reached by Russian Ukrainian negotiators in Istanbul in 2022.

  • On the morning of September 5th local time, French President Macron, after much deliberation, finally selected a 73 year old veteran to appoint Michel Barnier as the new prime minister.

  • On September 5th local time, Hungary, the rotating presidency of the European Union, posted on social media that it had signed the Framework Convention on Artificial Intelligence on behalf of the EU in Vilnius, the capital of Lithuania. The Framework Convention on Artificial Intelligence was led by the European Commission, and after years of preparation, it was drafted by more than 50 countries over a period of two years. It was adopted in May of this year.

  • On the evening of the 5th local time, according to the South Korean Joint Staff Headquarters, North Korea released balloons to South Korea again that evening. The Joint Staff Headquarters stated that based on wind direction analysis, the balloons released by North Korea may be drifting towards Gyeonggi Province and Seoul. The South Korean side stated that North Korea released balloons to South Korea on the evening of the 4th and the morning of the 5th. On the morning of the 5th, the South Korean military announced that it had detected over 420 balloons from North Korea. The North Korean side has not responded to this yet.

  • On September 5th local time, the Organization of the Petroleum Exporting Countries (OPEC) issued a statement saying that eight OPEC and non OPEC oil producing countries have decided to extend the voluntary production reduction measures of 2.2 million barrels per day, which were originally scheduled to expire at the end of this month, until the end of November. Starting from early December, these production reductions will be gradually withdrawn, but the pace of withdrawal will be flexibly controlled according to market conditions.

  • On September 5th, news spread that Elon Musk was buying a house in Beijing. Social media videos showed that Elon Musk purchased an aerial courtyard located at 8 Xiaoyun Road in Beijing for $150 million. Has Musk really bought a house in Beijing? Tesla responded to First Financial by saying, “Fake news.” The sales agent for the project also stated that the recent transaction record of the aerial courtyard was purchased by a wealthy businessman from Henan in the name of the company, not the rumored Musk.

  • The Chinese national football match on the evening of September 5th brought the video platform iQiyi to the forefront of public opinion. The copyright dispute between CCTV and iQiyi reflects the soaring value of content, intense market competition, and changes in user viewing habits. The industry expects that in the future, the competition between traditional television media and emerging streaming media for high-quality content may become more intense.

  • As of the close, the Dow Jones Industrial Average fell 0.54%; The S&P 500 index fell 0.3%, while the Nasdaq rose 0.25%. Most large technology stocks have risen, with Tesla rising nearly 5% and its market value increasing by $34.3 billion (approximately RMB 243.3 billion) overnight, reaching a new high since August; Amazon rose by over 2%, while Apple, Nvidia, Netflix, Meta, and Google saw slight increases; Microsoft and Intel saw slight declines. Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.88%.

  • On September 5th, a total of 21 stocks on the Dragon and Tiger List showed the presence of institutions, with 8 stocks showing net institutional buying and 13 stocks showing net institutional selling. The top three stocks purchased by institutions on that day were Shenzhen Huaqiang, Baobian Electric, and Zhongtian Fine Decoration. The top three stocks sold by institutions on that day were Jianzhijia, Nandu Power, and Kaisheng Technology.

  • 2024-09
    05

    Xinhua News Agency, Beijing, September 5- Senegalese President Faye said at the opening ceremony of the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation (FOCAC) on September 5 that FOCAC, based on dialogue, mutual respect and joint construction, has set an example of building an effective partnership.

    Senegal has been serving as the African Co Chair of the Forum on China Africa Cooperation since September 2018. During the opening ceremony of the summit, Faye said that as the newly elected president of Senegal, he reiterated Senegal’s firm commitment to Africa China cooperation, which is based on common values such as equal treatment of different civilizations, commitment to mutual benefit and win-win cooperation, and solidarity and cooperation.

    Looking ahead to the future, Faye looks forward to further strengthening cooperation between Africa and China in areas such as agricultural modernization, infrastructure construction, industrialization in Africa, and digital construction.

  • Guterres expressed his gratitude to the Chinese side for inviting me to attend the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation. In history, Africa was the main victim of colonialism. China’s cooperation with Africa can help reduce the historical injustices suffered by Africa and assist in achieving peace and development. China’s peaceful development is a noble cause in human history, which is conducive to the peace and progress of all mankind. The United Nations is willing to strengthen cooperation with China, resist those actions that artificially create division and harm common progress, jointly practice multilateralism, promote global governance towards a more just and reasonable direction, and build a community with a shared future for mankind. The United Nations is fully preparing for future summits and hopes to closely communicate with China to promote the reform of the international financial architecture and strengthen global artificial intelligence governance.

    Wang Yi attended the meeting.

  • On August 30th, Moroccan Ambassador to China Ansari was interviewed by Xinhua News Agency in Beijing. Photo by Xinhua News Agency reporter Bu DuomenOn August 30th, Moroccan Ambassador to China Ansari was interviewed by Xinhua News Agency in Beijing. Photo by Xinhua News Agency reporter Bu Duomen

    Beijing, September 5th (Xinhua) — The Forum on China Africa Cooperation (FOCAC) helps Africa and China join hands in pursuing modernization – Exclusive interview with Moroccan Ambassador to China Ansari

    Xinhua News Agency reporters Bu Duomen and Tong Hao

    Moroccan Ambassador to China Abdulkader Ansari recently stated in an interview with Xinhua News Agency in Beijing that since its establishment, the Forum on China Africa Cooperation has been committed to planning a blueprint for the development of Africa China relations, providing planning for various development plans and cooperation projects between Africa and China, promoting the development of Africa China relations in unity and cooperation, and helping African countries achieve economic and social development.

    The theme of the 2024 Forum on China Africa Cooperation Summit is “Joining Hands to Promote Modernization and Building a High Level China Africa Community with a Shared Future”. Regarding this, Ansari stated that this theme is in line with the African Union’s Agenda 2063 and looks forward to more initiatives and action plans that are conducive to promoting modernization on the African continent after this summit.

    Ansari stated that Morocco, as one of the gateways to Africa, has an important geopolitical position and hopes to play a bridging role in Africa China relations. He said that multilateral cooperation between China, Morocco, and African countries will help “enhance economic and trade relations in various fields between Africa and China, especially in industrialization, which is one of the priority strategic goals of African countries.

    When it comes to the relationship between Morocco and China, Ansari said that the two countries have always respected each other, had a long-standing friendship, and had rich and colorful exchanges. For example, Morocco also has a famous tea drinking culture and is the largest importer of Chinese green tea. In history, the ancient Moroccan traveler Ibn Battuta visited China in the 14th century. Morocco was one of the earliest African countries to establish diplomatic relations with the People’s Republic of China. In 2016, the two countries established a strategic partnership, and Morocco implemented a visa free policy for Chinese citizens. At the same time, a large number of Moroccan students came to China to study, providing important guarantees for the sustained development of friendly relations between Morocco and China through continuous cultural exchanges.

    There are currently three Confucius Institutes in Morocco, and learning Chinese is highly favored by Moroccan youth. Ansari said, “This is due to the gradual warming of economic and trade relations between Morocco and China. In addition, optimistic expectations for China’s outbound tourism market have also made some young people hope to engage in tourism work with China

    Regarding the economic and trade exchanges between the two countries, Ansari said that China has been Morocco’s third largest trading partner in the world and the largest trading partner in Asia for many consecutive years. Bilateral economic and trade investment has continued to develop, and bilateral trade has steadily grown. We look forward to more Chinese companies investing in Morocco, especially in new economic fields such as new energy, electric vehicles, and electronic manufacturing, which will enhance the quality of economic and trade relations between the two countries

    In 2022, the two countries signed the “the Belt and Road” cooperation plan, and jointly built the “the Belt and Road” cooperation and Morocco’s development strategy. A number of projects such as Tangier Science and Technology City and Noo Solar Thermal Power Station have contributed to promoting employment and improving people’s livelihoods in the local area. Among them, the Noo Solar Thermal Power Station provides clean energy to over one million households in the local area.

    Morocco and other African countries attach great importance to leveraging China’s technological advantages to achieve their own economic and social development, “said Ansari. Morocco is implementing an” energy transition “and plans to achieve 50% of its electricity generation through renewable energy by 2030. The Noo Solar Thermal Power Station is one of many such projects in Morocco.

    In addition, he mentioned that Morocco will jointly bid for the 2030 FIFA World Cup with Spain and Portugal, and will build a large number of infrastructure projects in areas such as housing, tourism, energy, and transportation. He hopes that more Chinese companies will participate in these projects.

    According to a previous report by the Moroccan media The Economist, Morocco will surpass South Africa for the first time in 2024 and become the largest automobile producing country in Africa. Ansari introduced that Morocco has a history of more than 20 years in developing the automotive industry, with a large number of automotive parts manufacturing enterprises, which have advantages in production materials, industrial talents, and investment environment.

    When it comes to new energy vehicles, he said that Chinese companies have recently signed an agreement with the Moroccan side to build Morocco’s first power battery super factory. Meanwhile, Morocco is also one of the world’s largest producers and exporters of phosphate, making it a natural fit for both countries in the fields of new energy and hybrid vehicle manufacturing.

    Ansari said, “Morocco has signed free trade agreements with more than 50 countries and organizations, benefiting approximately 1.4 billion consumers in these markets with various Moroccan products. The African Free Trade Zone has also added hundreds of millions of consumers as a result. The potential for electric vehicles in Morocco’s export products is enormous

    Seeing is believing. “Ambassador Ansari, who came to China in February this year, visited Shandong, Inner Mongolia and other places. He was surprised by the facilities, environment and cultural construction level of Chinese cities, loved China’s food culture, and personally experienced the ancient accumulation of Chinese civilization, technological progress and social development.

  • Brazzaville, September 4th (Xinhua) – High end Interview | Hope Summit Promotes Africa China Cooperation in More Fields – Visit to Congo (Brazzaville) Foreign Minister Kakoso

    Jean Claude Gakosso, Minister of Foreign Affairs, Francophone Countries and Overseas Chinese of Congo (Brazzaville), said in a written interview with Xinhua News Agency recently that the Congo China friendship has become a model of Africa China friendly relations. He hoped that the Beijing summit of the Forum on China-Africa Cooperation in 2024 would promote cooperation between Congo, China and Africa in more fields and work together to achieve common development.

    Kakoso stated that since the establishment of diplomatic relations, the relationship between Congo and China has continued to deepen, and the two countries established a comprehensive strategic partnership in 2016. Congo (Brazzaville) is one of China’s main partners in Africa, and China is also the largest trading partner of Congo (Brazzaville). “I am pleased with the achievements made in the cooperation between Congo and China.

    Kakoso said that President Sassou of Congo (Brazzaville) has visited China multiple times, witnessing China’s vigorous development. During the 15th BRICS Leaders’ Meeting and the Third “the Belt and Road” International Cooperation Summit Forum, held in Johannesburg, South Africa in 2023, the two capitals held cordial talks to promote the continuous development of bilateral relations. We cherish our friendship with China and hope that this friendship can be passed down from generation to generation

    On September 2, President Sassou of the Republic of the Congo (Brazzaville) arrived in Beijing to attend the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation. Photo by Xinhua News Agency reporter Zhang ChenlinOn September 2, President Sassou of the Republic of the Congo (Brazzaville) arrived in Beijing to attend the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation. Photo by Xinhua News Agency reporter Zhang Chenlin

    According to statistics, the trade volume between China and Congo reached 6.57 billion US dollars in 2022, a year-on-year increase of 22%. Kakoso stated that the cooperation between the two countries provides important impetus for Congo (Brazzaville) to achieve its national development plan for 2022-2026.

    Kakoso said that Congo (Brazzaville) plans to increase investment in poverty reduction, food security, epidemic prevention and control, green development, digital economy and other fields. The initiative of jointly building the “the Belt and Road” proposed by China has covered many fields such as high-tech, health and hygiene. He stated that this initiative promotes common prosperity and is highly aligned with the development goals of the African Continental Free Trade Area. Congo (Brazzaville) is willing to work together with China to build relevant projects under this initiative.

    On May 26, 2020, the Chinese anti epidemic medical expert group took a group photo with the local first-line medical staff when guiding the construction of COVID-19 wards in Brazzaville, the capital of the Congo (Brazzaville). Shen Jizhong On May 26, 2020, the Chinese anti epidemic medical expert group took a group photo with the local first-line medical staff when guiding the construction of COVID-19 wards in Brazzaville, the capital of the Congo (Brazzaville). Shen Jizhong

    Gakoso stated that the current world situation is turbulent, with geopolitical conflicts and anti globalization backlash emerging one after another. He highly agrees with China’s global development initiative, global security initiative, and global civilization initiative. He said that in the face of major challenges, the destinies of all countries are closely linked, and it is necessary to strengthen unity, harmonious coexistence, and win-win cooperation. To this end, countries need to engage in efficient communication, strengthen cooperation on the basis of equality and mutual benefit, and move forward hand in hand.

    Referring to the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation in 2024, Gacoso said that African countries have strong needs to promote agricultural modernization, strengthen digital skills training, improve the level of industrialization, and develop medical and health services. Overall, economic development, infrastructure construction, and industrialization are key areas of concern for African countries. It is hoped that this summit will promote cooperation between Africa and China in more fields and work together to achieve common development.

  • On September 4th local time, the Federal Reserve of the United States released a national economic situation survey report. According to the “Brown Book”, economic activity has slightly increased in three regions, while the number of regions reporting flat or declining economic activity has increased from five in July to nine recently.

  • On September 4th local time, a judge in the United States temporarily blocked the Biden administration’s plan to relax immigration policies for spouses and children of American citizens. Texas District Judge Campbell Buck has decided to suspend the program until September 23 for legal briefings and hearings.

  • On the morning of September 4th local time, a shooting incident occurred at a high school in Georgia, USA. The Georgia Bureau of Investigation issued a statement later that day stating that the shooting incident resulted in 4 deaths and 9 injuries. A suspect has been arrested.

  • Russian President Putin ended his official visit to Mongolia on the evening of September 3rd and left Mongolia by plane. Mongolian Foreign Minister Battsetseg and Russian Ambassador to Mongolia Yevsikov went to the airport to see them off.

  • Putin ends his visit to Mongolia, and the Mongolian government responds to the “arrest warrant” against Putin: it has always pursued a neutral policy in all diplomatic relations and is powerless.

  • According to reports, Ukrainian leader Zelensky stated in an interview that as long as troops and resources permit, the Ukrainian military intends to “hold” parts of the Kursk Oblast that have already been occupied. Zelensky stated that this is an important strategy for Kiev.