Le Journal

France is poised to get a pair of pandas in 2027 as part of a new decade-long loan agreement finalised following President Emmanuel Macron’s three-day visit to China. On Thursday, the China Wildlife Conservation Association announced it had agreed with France’s Beauval Zoo to extend their international cooperation on giant panda conservation with the aim of boosting Sino-French exchanges. According to the group’s statement, the two giant pandas are expected to arrive at the zoo in Saint-Aignan...

As China’s regions roll out proposals for their next five-year plans, two trends are emerging: localities are preparing to nurture new, highly technological industries while focusing on those sectors best suited to their strengths. Additionally, some areas pledged to bolster their supply of rare earth elements and soybeans, items which gained greater prominence amid this year’s escalatory trade war with the United States. According to data compiled by the Post, at least 22 provincial-level...

As the Chinese leadership prepares to set the economic agenda for the year ahead, analysts expect Beijing to mostly maintain this year’s policy tone but say it could tolerate a slightly lower growth target. Chinese leaders will hold a closed-door meeting to discuss next year’s main policy goals during the central economic work conference, which usually takes place in early or mid-December. “To address the demand slump, we expect Beijing to maintain its proactive fiscal policy stance, with a...

China’s deployment this week of a naval fleet led by a Type 075 amphibious assault ship in the Philippine Sea has triggered a rapid response from Australia. Canberra deployed a P-8 maritime patrol aircraft to track the flotilla, reviving security concerns raised after an unprecedented circumnavigation of the Australian continent by a People’s Liberation Army (PLA) fleet nine months ago. US satellite images, first reported by Australian media on Wednesday, confirmed the presence of the Chinese...

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders, a stopgap that is increasing risk in an opaque corner of the financial system. The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional lenders and had been reined in over the past few years in a bid to reduce risk. Since September, industrial investment arms and financing...