China's foreign ministry spokesman Lu Kang responded, saying: "In the era of globalisation, benign competition will exist between different economic systems.
PHNOM PENH: China’s growing presence and investment in a fast-developing Cambodian port and province have pushed up the crime rate and brought instability, its governor said in a letter to the government. Anti-China comments are rare in a country that has welcomed Chinese investment with open arms. Prime Minister Hun Sen is a close Beijing ally and China is Cambodia’s biggest source of foreign direct investment by far. Preah Sihanoukville province in the southwest has seen a construction boom in recent years supported…
BEIJING: White House senior advisor Jared Kushner's family business is courting wealthy Chinese to buy stakes in real estate through a controversial government program that offers US residency in exchange for investment. Kushner's sister Nicole Kushner Meyer was in Beijing Saturday, seeking $150 million in investment in a luxury apartment complex project in New Jersey, according to US media reports. Jared Kushner, 36, is a senior adviser to US President Donald Trump with far-reaching influence over domestic and foreign…