Beijing

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China unveils new gaming curbs, sending tech stocks tumbling

China on Friday announced new plans to restrict the online gaming industry, sending shares in tech giants including Tencent tumbling and wiping tens of billions of dollars off their value.

New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behaviour.

EU and China Seek Common Ground Amid Differences, Eye Global Stability

European Commission President Ursula von der Leyen told Chinese leader Xi Jinping that the EU and China must address "imbalances and differences" between them.

"China is the EU's most important trading partner," von der Leyen said at the start of the Beijing summit, "but there are clear imbalances and differences that we need to overcome."

EU chief warns China on trade gap ahead of summit

European Union chief Ursula von der Leyen warned Tuesday, ahead of an annual EU-China summit, that Europe won't tolerate its soaring trade imbalance with China forever.

While the president of the European Commission stressed that EU states would prefer negotiations to a trade war she left an implied threat of protectionist measures on the table.

Pro-Kremlin maestro Gergiev named head of Bolshoi Theater

Russia on Dec. 1 appointed notoriously pro-Kremlin maestro Valery Gergiev, a personal friend of President Vladimir Putin for decades, to lead Moscow's world famous Bolshoi Theater.

Gergiev takes over Russia's main stage at a time when Moscow is increasingly casting culture as a battleground in its clash with the West while troops fight in Ukraine.

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