Beijing says two sides took part in in-depth and candid dialogue on promoting Palestinian reconciliation.
Rival Palestinian groups Fatah and Hamas have met in China for talks on potential reconciliation.
The Ministry of Foreign Affairs in Beijing confirmed on Monday that the groups’ representatives had met recently. The respective rulers of the occupied West Bank and the Gaza Strip have competed for years, but the Israeli war in the besieged enclave has provoked further talks on Palestinian reconciliation.
The two groups visited China to partake in an in-depth and candid dialogue on the prospect, Foreign Ministry spokesman Lin Jian said. He did not specify when the meeting took place.
“The two sides fully expressed their political will to achieve reconciliation through dialogue and consultation, discussed many specific issues and made positive progress,” he added.
“China and Palestine share a traditional friendship. We support Palestinian factions in achieving reconciliation and increasing solidarity through dialogue and consultation. We will continue to work actively towards that end.”
Representatives from the two groups, as well as other political factions, met in Moscow earlier this year to discuss the potential formation of a unified Palestinian government.
After defeating Fatah in 2007, Hamas has been the de facto ruler in Gaza since 2007, when it defeated President Mahmoud Abbas’s long-dominant party in parliamentary elections and pushed its rival out of the enclave for its refusal to recognise the result of the vote.
The two groups have ruled the occupied Palestinian territory – the Gaza Strip and the West Bank – ever since.
China has historically been sympathetic to the Palestinian cause and supportive of a two-state solution to the Israel-Palestine conflict.
Beijing has been calling for an immediate ceasefire since the start of the Israel-Gaza war in October, when a Hamas offensive resulted in the deaths of about 1,139 people, according to Israeli tallies.
Hamas and other armed groups also took about 250 captives during the offensive, with dozens of people still being held in Gaza.
In response, Israeli forces have killed at least 34,535 people in the Gaza Strip, mostly women and children, according to the Ministry of Health in the coastal enclave.
Chinese President Xi Jinping has called for an “international peace conference” to end the war.
The weakness of the Japanese yen is in the spotlight again after its latest tumble in value.
On Monday, the currency sank to 160.17 against the US dollar, its lowest since April 1990.
The yen recovered to 155.01 per dollar later in the day, prompting speculation that Japanese authorities had intervened to prop up the value of the currency.
The yen weakened slightly again on Tuesday, but held onto most of the previous day’s gain.
Why is the yen falling?
The value of a country’s currency rises and falls relative to currencies elsewhere in line with the laws of supply and demand.
At the moment, investors are being driven to offload the yen due to a yawning gulf in interest rates between Japan and the United States.
While the US Federal Reserve’s benchmark interest rate is currently set at 5.25-5.50 percent, the Bank of Japan’s (BOJ’s) equivalent rate is just 0-0.1 percent.
“The main driver is the rate differential between the US and Japan,” Min Joo Kang, senior economist for South Korea and Japan at ING, told Al Jazeera.
“Also, market expectations rapidly changed on the Fed’s monetary policy.”
The gap in interest rates reflects the very different inflation environments in the US and Japan. While Japan has struggled to get prices and wages to rise after decades of economic stagnation, the US has been battling to bring prices down amid robust economic growth.
For investors, higher interest rates in the US mean an opportunity to make much higher returns on investments, such as government bonds, in that country than they can in Japan.
The more investors sell the yen, the more it declines in value – encouraging investors to keep selling in a self-perpetuating cycle.
Is this a new phenomenon?
Actually, it is part of a longstanding trend.
While the yen’s decline has been especially severe of late, the currency has been on a continual slide since early 2021.
Over the last three years, the yen has lost more than one-third of its value.
The currency is now back to where it was following the collapse of a huge asset bubble in the early 1990s.
While other countries have raised interest rates to tame inflation that spiked during the COVID-19 pandemic, Japan has maintained rock-bottom borrowing costs in an effort to shake the economy out of a prolonged stagnation known as “the lost decades”.
Although the BOJ last month hiked the benchmark rate for the first time in 17 years, Asia’s second-largest economy is still an outlier globally.
Why does it matter that the yen is so weak?
A weak currency is a mixed bag for the economy.
Japan’s weakening yen has helped boost exporters’ profits by making their products cheaper to buyers overseas.
The slide has also encouraged a record influx of foreign tourists – there were 3.1 million visitors to the country in March alone – whose spending helps support local businesses.
But the yen’s slump has sharply raised the cost of imports, particularly food and fuel, putting a strain on household budgets.
The advantage of a falling yen for exporters has also been dampened by the fact that many large Japanese companies carry out a significant portion of their operations overseas.
What can Japan do about it?
Japanese officials have repeatedly expressed concern about the yen’s excessive depreciation and indicated they are prepared to intervene if necessary.
Authorities can pull on two main levers: buying up the yen or raising interest rates.
On Monday, the sudden surge in the yen’s value prompted speculation that authorities had stepped into the currency markets to arrest its slide, which would be the first such intervention since late 2022.
Japanese authorities have not confirmed intervening in the market and official figures that would reveal whether they did so will not be available until late May.
Still, momentum appears to be against any substantial strengthening of the yen in the foreseeable future.
During its intervention in 2022, Japanese authorities spent more than $60bn of its foreign exchange reserves to prop up the yen – only to see it continue its slide.
Meanwhile, the large gap between Japanese interest rates and those elsewhere is likely to persist for some time.
While BOJ Governor Kazuo Ueda has indicated that the central bank could raise rates if inflation picks up, price growth has slowed in recent months.
On Friday, the BOJ held interest rates steady, bolstering expectations that its ultra-loose policy is here to stay.
Meanwhile, the US Fed’s recent signals have dampened expectations that significant interest rate cuts are on the cards this year amid persistently stubborn inflation.
ING’s Kang said she expects the yen’s weakness to continue over the coming months.
“We believe that forex intervention by the Japanese authorities only can slow down the depreciation pace, but cannot change the direction of the currency move,” she said.
“To change the course of the yen’s path, either the BOJ should suddenly strengthen its hawkish voices – we believe this is not likely – or the Fed should give a more clear sign of rate cuts. This also not likely in the near term.”
Manila says its coastguard ship was damaged after being hit by water cannon; Beijing says it ‘expelled’ Philippine boats.
The Philippines has accused China of “dangerous maneuvers and obstruction” and reinstalling a barrier at the disputed Scarborough Shoal, which Beijing blockaded and seized from Manila in 2012.
Philippine Coast Guard (PCG) spokesman Jay Tarriela said two Philippine vessels on maritime patrol encountered four China Coast Guard (CCG) ships and six vessels from its maritime militia in the area on Monday morning.
One of the ships was struck by water cannon from one of the CCG ships about 12 nautical miles (22km) from the shoal, while the other – a PCG vessel – was hit by water cannon fired from two of the CCG ships when it was about 1,000 yards (914 metres) away from the shoal, which the Philippines calls Bajo de Masinloc.
Writing on social media platform X, Tarriela said the ship’s railing and canopy were damaged.
A video accompanying the post showed water cannon hitting the port side of the boat as well as the starboard side closer to the bow.
“This damage serves as evidence of the forceful water pressure used by the China Coast Guard in their harassment of the Philippine vessels,” he wrote.
Yesterday, the Philippine Coast Guard vessel, BRP BAGACAY (MRRV-4410), and the Bureau of Fisheries and Aquatic Resources vessel, BRP BANKAW (MMOV-3004), were assigned to carry out a legitimate maritime patrol in the waters near Bajo De Masinloc. The primary objective of this… pic.twitter.com/5jQkS2g66e
On Tuesday, Beijing claimed it had “expelled” Philippine vessels from the area, a traditional fishing ground that also provides shelter in stormy weather.
Tarriela said China had also reinstalled a barrier about 415 yards (380 metres) long across the entrance to the shoal, which lies about 220km (137 miles) off the coast of the Philippines and within its exclusive economic zone (EEZ). Under the United Nations Convention on the Law of the Sea (UNCLOS), an EEZ extends some 200 nautical miles (about 370km) from a country’s coast.
The Philippines and China have been involved in multiple incidents in and around the disputed reef in the South China Sea, which Beijing claims almost in its entirety under a nine-dash line that an international tribunal ruled in 2016 to be without merit.
Manila took its case to the tribunal after China seized Scarborough Shoal more than a decade ago.
China has ignored the ruling and continued to press its claim.
Brunei, Malaysia and Vietnam also claim the parts of the sea around their coasts.
Expert body tells UN Security Council the weapon’s discovery suggests a violation of international sanctions on Pyongyang.
The debris from a missile that landed in the Ukrainian city of Kharkiv on January 2 was from a North Korean Hwasong-11 series ballistic missile, United Nations sanctions monitors told a Security Council (UNSC) committee in a report seen by the Reuters news agency on Monday.
In the 32-page report, the UN sanctions monitors concluded that “debris recovered from a missile that landed in Kharkiv, Ukraine, on 2 January 2024 derives from a DPRK Hwasong-11 series missile” and is in violation of the arms embargo on North Korea.
Formally known as the Democratic People’s Republic of Korea (DPRK), North Korea has been under UN sanctions for its ballistic missile and nuclear programmes since 2006, and those measures have been strengthened over the years.
Three sanctions monitors travelled to Ukraine earlier this month to inspect the debris and found no evidence that the missile was made by Russia. They “could not independently identify from where the missile was launched, nor by whom”.
“Information on the trajectory provided by Ukrainian authorities indicates it was launched within the territory of the Russian Federation,” they wrote in an April 25 report to the UNSC’s North Korea sanctions committee.
“Such a location, if the missile was under control of Russian forces, would probably indicate procurement by nationals of the Russian Federation,” they said, adding that this would be a violation of the arms embargo on North Korea.
The Russian and North Korean missions to the UN in New York did not immediately respond to a request for comment on the monitors’ report.
The US and others have accused North Korea of transferring weapons to Russia for use against Ukraine, which it fully invaded in February 2022. Moscow and Pyongyang have denied the accusations, but promised last year to deepen military relations.
At a Security Council meeting in February, the US accused Russia of launching DPRK-supplied ballistic missiles against Ukraine on at least nine occasions.
The UN monitors said the Hwasong-11 series ballistic missiles were first publicly tested by Pyongyang in 2019.
Russia last month vetoed the annual renewal of the UN sanctions monitors – known as a panel of experts – which has for 15 years monitored the enforcement of the international sanctions on North Korea. The mandate for the current panel of experts will expire on Tuesday.
Within days of the January 2 attack, the Kharkiv region prosecutor’s office showcased fragments of the missile to the media, saying it was different from Russian models and “this may be a missile which was supplied by North Korea”.
Taipei, Taiwan – Alice Guo sparked a flurry of interest on Xiaohongshu, the Chinese social media and e-commerce platform, when she decided one day in 2021 to share advice on preparing for a job interview.
Chinese-born Guo was living in Toronto at the time, grounded by the COVID-19 pandemic after years of bouncing between jobs in Vancouver, Hong Kong, New York, Los Angeles and Shanghai.
“I started to do a few posts and one day, I just posted about the interview process that got me into a venture capital firm,” Guo, who is in her early 30s, told Al Jazeera.
“I woke up the next day, just all of a sudden, it went from maybe like 20 followers to 500 followers overnight.”
Before long, Guo’s page, called “Ali is Working Hard” in Chinese, built up an audience of about 45,000 followers, drawn by a mix of professional advice and updates on her daily life in Canada.
Guo’s page is among the countless accounts on Xiaohongshu that have tapped into a user base primarily made up of young, highly-educated women, both in major Chinese cities and in emigrant communities overseas.
Though lacking the global name recognition of Facebook, Instagram or X, Xiaohongshu has become the go-to platform for Millennial and Gen-Z Chinese women since its launch in 2013 – as just a set of humble PDF documents offering travel advice.
The platform, which has been described as China’s answer to Instagram, had 200 million monthly active users in 2022, according to self-reported data, about 70 percent of whom were women.
About 70 percent of Xiaohongshu’s users are women [Aly Song/Reuters]
While Xiaohongshu translates as “Little Red Book” in English – the same name as Mao Zedong’s famous text – the platform shares little else in common with the Chinese leader’s collection of speeches and writings.
Rather than promoting revolutionary values, the platform, which combines blog posts and short videos, exemplifies China’s post-Communist consumerist culture, which is aspirational, ambitious and globally minded.
And for women in a society where political dissent is tightly controlled and socially conservative attitudes hold sway, Xiaohongshu has become something of a sanctuary for like-minded peers to freely discuss topics of common concern.
Users share content on an expansive range of issues, from relatively uncontentious topics like work life and fashion, to semi-taboo – albeit not overtly political – topics like divorce, domestic violence, and perceptions that women who have not gotten married and had children by their early 30s are failures or undesirable.
“Those are all stereotypes, but it’s there. It’s real and it creates anxiety,” Daniela, a Xiaohongshu user who asked to be only referred to by her first name, told Al Jazeera.
“And, of course, a lot of really talented women with amazing backgrounds are facing really big career challenges,” added Daniela, who posts content related to women’s career advancement and empowerment to her more than 125,000 followers.
Despite Beijing’s heavy censorship of the Internet, discussions on contentious issues are often allowed on Xiaohongshu, especially if they focus on personal experiences rather than greater systemic issues in Chinese society.
Still, there are red lines.
One Xiaohongshu user, who asked to not be named, told Al Jazeera that posts she made about her experience of freezing her eggs were deleted, even though the Chinese government is pushing women to have more children.
Discussions about fertility treatments have been censored on Xiaohongshu even as the Chinese government is trying to encourage women to have more babies [China Photos/Getty Images]
The platform has also cracked down on some displays of conspicuous consumption, warning users to be more “empathetic” and not flaunt their wealth as it is “still out of reach for a large proportion of people”.
Users have similarly been discouraged from over-editing their photos and videos.
Part of Xiaohongshu’s appeal is that it embodies a polished, or “jinzhi,” feminine aesthetic that requires “not only money, but also cultural and educational capital” to attain, setting it apart from more male-dominated platforms like WeChat and Weibo, according to Jia Guo, a professor in gender and cultural studies at the University of Sydney.
“Jinzhi has always been a big part of Xiaohongshu,” Guo told Al Jazeera. “What is behind this jinzhi lifestyle is classed consumer culture in post-socialist China and classed distinction of taste. Not only money, but also cultural and educational capital is needed to be jinzhi. Such a middle-class urban lifestyle is popular on Xiaohongshu and it is highly gendered too – often presented by young women.”
Since it was founded more than a decade ago, Xiaohongshu has also become adroit at understanding its users, thanks to its “game changer” algorithm, said Sheng Zou, an assistant professor at Hong Kong Baptist University who researches the digital economy.
Zou said that Xiaohongshu users often cite the algorithm as being part of its allure.
“Most would agree that the algorithm is precise and effective in detecting and/or predicting their content preferences or aspects of their identity, more so than some other popular apps that they are using,” Zou told Al Jazeera.
“You can go really deep into different communities,” James Hsu, a Taiwanese-Canadian based in China who uses Xiaohongshu to promote coaching and consulting services, told Al Jazeera, explaining how a “lot of influencers actually set up group chats that you can just join by going to their profile page”.
“It feels more like an actual resource than just like pure entertainment, because you could definitely go in there to learn things like hard skills, or soft skills, like how to start a business, like how to interview for a job, and there are many, many cross-sections with that,” Hsu said.
Profit problems
Despite its loyal and growing following, Xiaohongshu has struggled until recently to make money.
In its early days, Xiaohonghsu had a strong e-commerce component, where Chinese consumers could source reliable foreign products – a boon in a country rife with fake goods and knockoffs.
The platform gradually shifted over the years towards lifestyle and educational content, and more recently, with the rise of short-form video, livestream shopping and influencer brand deals.
Olivia Plotnick, the founder of the Shanghai-based marketing agency Wai Social, said that Xiaohongshu appears to have found its niche with such deals.
“They’ve had a lot of problems trying to monetize for the past several years, and I think they’ve potentially found a good way to do it with livestreaming recently,” Plotnick told Al Jazeera.
These deals do not come cheap, as Chinese influencers can charge between three and five more times than their Western counterparts, Plotnick said.
An influencer with 10,000 followers can command $300 to $500 per post, while an influencer with upwards of 300,000 followers can command $5,000, she said.
Plotnick said such partnerships are attractive for brands as Xiaohongshu has always been strong at raising brand awareness, even if its e-commerce component lags behind retail giants like Taobao and Tmall.
Meanwhile, the platform stands apart from competitors thanks to a livestreaming style that provides a “quiet luxury” feel, she said.
The approach appears to be paying off.
Alibaba is among the major investors in Xiaohongshu [Aly Song/Reuters]
Xiaohongshu, whose top investors include Alibaba, Tencent and United States-based GGV Capital, made its first profit last year, taking in $500m on revenues of $3.7bn, the Financial Times reported in March, citing people briefed on the matter.
Xiaohongshu did not reply to a request for comment.
As it seeks to shore up its financial position, Xiaohongshu has also been trying to diversify its user base.
Despite boasting some 200 million users, its customer base is still small in comparison with platforms such as Weibo, Douyin and WeChat, which claim between 600 million and 1.2 billion-plus users.
Xiaohongshu’s drive to grow its user base includes outreach efforts to men and those living outside of China’s “tier one” and “tier two” cities, such as Beijing and Shanghai.
Xiaohongshu is also gaining traction outside mainland China, including in Hong Kong, Taiwan and Western cities with large Chinese diaspora populations, such as Toronto, where Alice Guo of “Ali is Working Hard” is based.
Guo said one-third of her audience comes from North America and she is an avid consumer of diaspora-created content herself.
“It’s like my Yelp, it’s like my Google. So if I want to find where to eat, what to eat, I look for it on Xiaohongshu. Especially in Toronto, there are tonnes of Chinese, so almost every single restaurant has a good review, and I can find some content on it,” Guo said.
“If I want to read a book and know how good it is, I go to Xiaohongshu for it. And then if I want to know about makeup, I go to Xiaohongshu.”
The tornado struck China’s southern city at the weekend, devastating several communities.
People are cleaning up in China’s southern city of Guangzhou after a tornado struck at the weekend killing at least five people and injuring dozens more.
Aerial photos published by state media showed the scale of the devastation after the tornado tore through several communities in Guangzhou’s Baiyun district on Saturday afternoon during a thunderstorm.
The images showed block upon block of devastation in the hardest-hit areas with a few clusters of buildings standing amid the destruction, a truck overturned on its side and cars crushed by rubble. The sheet metal roofs on some buildings had been torn off.
The tornado emerged during a major storm that brought strong winds and hail [Douyin@Antique via AP Photo]
The extreme weather was the latest to hit China’s industrial heartland after torrential rain last week caused serious flooding and killed four people in Guangdong, China’s most populous province. The area is home to 127 million people and thousands of factories that power the country’s export sector.
At least 33 people were injured and some 141 factories damaged in Saturday’s tornado, Xinhua reported.
Such weather systems are not unusual in China.
In September, 10 people were killed after a tornado struck Suqian, Jiangsu Province, in the country’s east.
In 2021, two tornadoes struck the country in one day, killing 12, including eight in the central city of Wuhan.
Telsa CEO’s unannounced visits comes as Chinese carmakers are promoting rival models at the Beijing Motor Show.
Tesla CEO Elon Musk has met with China’s No 2 official on an unannounced visit to Beijing.
Musk’s meeting with Chinese Premier Li Qiang comes as Chinese carmakers are promoting their latest electric vehicles at the Beijing Motor Show taking place from April 25 to May 5.
During their meeting on Sunday, Li told Musk that he hoped the United States would engage with China on “win-win” cooperation, citing Tesla’s operations in China as a successful example of working together, Chinese state media reported.
“China’s very large-scale market will always be open to foreign-funded firms,” Li was quoted as saying.
“China will stick to its word and will continue working hard to expand market access and strengthen service guarantees.”
Musk said in a post on X that he was “honoured” to meet the No 2 official.
“We have known each other now for many years, since early Shanghai days,” Musk said.
Musk’s visit was not announced in advance and it is unclear whether his itinerary might include a visit to the Beijing auto show, where Chinese carmakers are showing off electric vehicles that compete directly with Tesla’s models.
The billionaire entrepreneur’s trip comes just over a week after he cancelled a scheduled visit to India to meet Prime Minister Narendra Modi due to “very heavy Tesla obligations”.
Tesla operates its biggest manufacturing plant outside the US in Shanghai, where about half of its vehicles are produced.
The electric car maker has been struggling with sluggish sales, in part due to fierce competition from Chinese brands.
Tesla’s vehicle deliveries fell by 8.5 percent in the first quarter, contributing to a 40 percent slide in its stock price since July.
The company last week reported profits of $1.1bn in the first quarter, down from $2.51bn a year ago.
Musk earlier this month told staff in a memo that the company would lay off more than 10 percent of its global workforce so that it would be “lean, innovative and hungry for the next growth phase cycle”.
Chinese auto giant BYD dethroned Tesla as the world’s biggest electric vehicle maker in the last three months of 2023, although the Austin, Texas-based company reclaimed the title in the first quarter of this year.
Musk has made multiple trips to China in recent years, wrapping up his most recent visit in June last year.
The blast, which also wounded several soldiers, occurred at an army base in Kampong Speu province, Hun Manet says.
Twenty soldiers have been killed in an ammunition explosion at a base in the west of Cambodia, according to Prime Minister Hun Manet.
The blast, which also wounded several soldiers, occurred on Saturday afternoon at an army base in Kampong Speu province, Hun Manet said in a statement on Facebook, without giving more details on the incident.
Hun Manet said he was “deeply shocked” when he received the news of the explosion at the base in Kampong Speu province.
It was not immediately clear what caused the explosion and Hun Manet did not comment on the issue in his post.
He offered condolences to the soldiers’ families and promised the government would pay for their funerals and provide compensation both to those killed and those injured.
Pictures on social media showed a destroyed one-storey building wreathed in smoke, as well as injured people being treated at a hospital, with residents of a nearby village also sharing images online of broken windows.
Hun Manet, a graduate of the US Military Academy at West Point, was promoted to be a four-star general shortly before he was elected to serve as prime minister, succeeding his father Hun Sen.
New York district attorney accuses two prominent art dealers of the illegal trafficking of antiquities worth $3m.
Prosecutors in New York City have announced that they returned to Cambodia and Indonesia 30 antiquities that were looted, sold or illegally transferred by networks of American antiquities dealers and traffickers.
The antiquities were valued at a total of $3m, Manhattan District Attorney Alvin Bragg said in a statement on Friday.
Bragg said he had returned 27 pieces to Phnom Penh and three to Jakarta in two recent repatriation ceremonies, including a bronze statue of the Hindu deity Shiva, which was looted from Cambodia, and a stone bas-relief sculpture of two royal figures from the Majapahit empire, which reigned between the 13th and 16th centuries, that was stolen from Indonesia.
Bragg accused American art dealers Subhash Kapoor and Nancy Wiener of participating in the illegal trafficking of the antiquities.
American-Indian Kapoor – who was accused of running a network that trafficked items stolen in Southeast Asia and put them on sale in his Manhattan gallery – has been the target of a United States justice investigation dubbed “Hidden Idol” for more than a decade.
Kapoor was arrested in Germany in 2011 and then sent to India where he stood trial and was sentenced in November 2022 to 13 years in prison.
Responding to a US indictment for conspiracy to traffic in stolen works of art, Kapoor denied the charges.
Major trafficking hub
New York is a major trafficking hub for stolen and looted antiquities, and several works have been seized in recent years from museums, including the prestigious Metropolitan Museum of Art, and private collectors.
“We are continuing to investigate the wide-ranging trafficking networks that … target Southeast Asian antiquities,” Bragg said in the statement.
“There is clearly still much more work to do.”
Wiener, who was sentenced in 2021 for trafficking in stolen works of art, sought to sell the bronze Shiva statute but eventually donated the piece to the Denver Museum of Art in Colorado in 2007.
The antiquity was seized by the New York courts in 2023.
Cambodia’s ambassador to the US, Keo Chhea, welcomed the return of the artefacts, calling it “a renewal of commitment between nations to safeguard the soul of our shared heritage”.
“Through this united effort, we ensure the preservation of our collective past for future generations,” he said in the statement issued by New York’s district attorney.
Indonesia’s representative in New York, Consul General Winanto Adi, also praised Bragg’s effort, saying it served as a “precious gift” as the US and Indonesia celebrated the 75th anniversary of their diplomatic relations.
Students from universities in Austraila are joining their American peers in protests for Palestine. Like demonstrators on campuses in the US, the students say they want to escalate the campaign for institutions to cut ties with Israel.
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