Author

Michael Radunski

Michael Radunski Published: October 9th, 2023

Country Garden faces debt restructuring

The ailing Chinese real estate group Country Garden could soon announce a debt restructuring plan for its foreign liabilities. The reason is outstanding payments. Chinese media reported this on Monday. The company declined to comment on the issue or possible payments to its creditors.On Monday, interest became due on two bonds totaling 66.8 million dollars. […]

Michael Radunski Published: October 9th, 2023

Xi receives US Senators

China’s party and state leader Xi Jinping met with a group of US senators in Beijing at the beginning of the week. The highest-ranking US politician to attend was Democratic Senate Majority Leader Chuck Schumer. Xi appeared highly diplomatic at the meeting in Beijing’s Great Hall of the People.“How China and the United States get […]

Michael Radunski Published: October 9th, 2023

Heavy blow to relations between China and Israel

The Israeli response is unmistakable. “When people are being murdered, slaughtered in the streets, this is not the time to call for a two-state solution,” Yuval Waks, a senior official at the Israeli Embassy in Beijing, wrote on the short messaging service X, adding that Israel expected stronger condemnation of Hamas from China – the […]

Michael Radunski Published: October 8th, 2023

How the Philippines plans to take on China

The video appears rather unremarkable: A man wearing diving goggles and a snorkel cuts a thick rope underwater with a knife. The footage is blurry, appearing almost amateurish – and shows the Philippines’ fiercest defensive measure against China to date. The diver is in the service of the Philippine Coast Guard, and the rope is […]

Michael Radunski Published: October 2nd, 2023

Leaks from Taiwan’s submarine program

Taiwan prosecutors said on Monday they are investigating accusations that people tried to interfere in the island’s submarine program and that details about it were leaked.Huang Shu-kuang, who is leading the program, said a contractor who had not received the bid had leaked information to China. Taiwan’s Supreme Prosecutors Office, in a short statement, said […]

Michael Radunski Published: September 25th, 2023

VDA urges Berlin to discuss Chinese anti-espionage law

The German Association of the Automotive Industry (VDA) has called on the German government to negotiate with China on its anti-espionage law. In its latest position paper, the association says Berlin should urge Beijing to respect the confidentiality of business information. This is reported by Reuters news agency.In the paper, the association welcomed the German […]

Michael Radunski Published: September 25th, 2023

China’s new ‘weapon’ in the South China Sea

Beijing’s latest weapon in the dispute over the South China Sea is comparatively simple: floating white plastic balls. Strung together on a rope forming a 300-meter-long chain, they create a floating barrier intended to cut the Philippines off from the disputed Scarborough Reef once and for all.The Philippine Coast Guard expressed corresponding concern on Monday. […]

Michael Radunski Published: September 18th, 2023

‘There is a considerable alienation between the mainland and Taiwan’

Ms. Perkuhn, Beijing has presented a new Taiwan plan. With the “construction of a demonstration zone for integrated development across the Taiwan Strait,” it wants to solve the Taiwan issue through economic interdependence. You are in Taiwan right now. What is the reception of the proposal there?This may surprise you, but this plan is hardly […]

Michael Radunski Published: September 17th, 2023

Minister Li Shangfu ousted

As the week began, there were growing signs that China’s authorities were indeed investigating Minister of Defense Li Shangfu (李尚福). Allegedly, there was suspicion of corruption in the procurement of military equipment. This is reported by the Reuters news agency, citing a regional security official as well as three other individuals who are said to […]