Latest news with #PRC
GMA Network
5 hours ago
- Business
- GMA Network
968 passed July 2025 Real Estate Appraisers licensure exam
At least 968 out of 1,356 successfully hurdled the July 2025 Real Estate Appraisers Licensure Examination, according to the Professional Regulation Commission (PRC). The exam was administered by the Board of Real Estate Service in NCR, Baguio, Butuan, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena, and Tacloban early this month. The members of the Board of Real Estate Service are Ofelia C. Binag, Chairperson; and members Rafael M. Fajardo, Jose Arnold M. Tan and Pilar M. Torres-Banaag. The topnotcher was Richard Anthony Kepis Relata from Lyceum of Alabang (formerly NCST), who gained a percentage rating of 92.50. Click here for the complete list of successful examinees. — BAP, GMA Integrated News
Sky News AU
2 days ago
- Politics
- Sky News AU
Former prime minister Scott Morrison warns China's recent 'charm and flattery' masks long-term ill intent
Former prime minister Scott Morrison has told a United States congressional committee China's recent "charm and flattery" masks long-term ill intent, in a pointed warning about economic coercion. Mr Morrison was invited to testify before the US House select committee on the Chinese Communist Party on Wednesday, local time, in order to offer insight into how Australia dealt with hostility from Beijing. In 2020, the former prime minister led calls for an inquiry into the origins of Covid-19, sparking a backlash from Beijing which resulted in trade restrictions worth billions of dollars. The election of the Albanese government in 2022 has since resulted in those sanctions being unwound, with Prime Minister Anthony Albanese seeking to normalise ties and encourage economic cooperation. However, Mr Morrison warned the thaw in relations should not be taken as a sign China had abandoned its coercive tactics. "After the failure of the CCP's coercive efforts to break our resolve, the PRC (People's Republic of China) took advantage of the change in government following the 2022 federal election to effect a reset and adopt a different set of tactics," he told the committee. "This included abandoning their economic and diplomatic bullying and coercion for more inductive engagement laced with charm and flattery. "That said, the PRC still continues to engage in intimidatory behaviour by their military against Australia when it suits them, without remorse. "While the CCP's tactics may have substantially changed, their objectives remain the same." Mr Morrison warned that although Beijing had adopted a more conciliatory tone, which was on full display during Mr Albanese's recent visit, China remained determined to "neutralise" public support for government actions countering their activities and to overtake the US as the dominant force in the Indo-Pacific. As a result, the former prime minister argued the US and its allies must "never become casual about the potential threat" posed by Beijing and called for more work to deepen partnerships in the region aimed at limiting China's influence. Mr Morrison's testimony was in contrast to the tone Mr Albanese had used throughout his recent visit to Beijing. The Prime Minister had been keen to talk up the importance of Australia's economic partnership throughout his trip, saying he wished to see an increase in investment from both countries. Mr Albanese also spruiked a new tourism campaign which aimed to encourage Chinese citizens to holiday in Australia. In his remarks to the US congressional committee, Mr Morrison suggested such an approach played directly into Beijing's hands. "Recently the Lowy Institute completed a survey which found for the first time in quite a number of years there is a greater value on the economic partnership with China than concerns about the security threat," he said. "That is an objective of the CCP, that Western democracies will go to sleep on the threat."
West Australian
5 days ago
- Business
- West Australian
Anthony Albanese calls for US-China dialogue, Australia to play ‘constructive middle power' after Beijing
Prime Minister Anthony Albanese has urged Beijing and Washington to step up communication between the two powerhouse countries as he pitches Australia playing a 'constructive' role as a middle power in a turbulent world. The Prime Minister said Australia could be a 'calm, consistent and clear voice for stability, security, economic growth and certainty going forward'. 'I think we can play a positive role. We are US allies, but we have a constructive relationship with China,' Mr Albanese said following his high level meetings with China's top leadership during his six-day tour of the country. 'Australia as a middle power can play a positive and constructive role in the world. We are living in uncertain times and there is turbulence in the world.' The Prime Minister invoked two Labor titans on his tour, first walking in the footsteps of Gough Whitlam as he visited the Great Wall of China and recalled how the former leader opened the door to Australia's modern day relations with Beijing by establishing formal diplomatic ties with the People's Republic of China in 1972. Mr Albanese also became the first Australian Prime Minister since Bob Hawke in 1986 to visit Chengdu in the southwest province of Sichuan. Mr Hawke enjoyed access to the senior PRC leadership that was unmatched by other major Western leaders. Professor James Curran had previously highlighted in a 2023 research paper that Mr Hawke played a bridging role between China and the United States. Mr Albanese said he did not view himself in a conduit role given the US and China had a separate relationship but he urged the two global giants to open up dialogue, similar to the 'communication mechanisms' the US and the Soviet Union adopted during the Cold War. 'It is in the world's interests that the two major powers are able to engage and where there are differences talk about them,' he said. Mr Albanese's week-long, trade-focused trip drew together Australian and Chinese industry executives for roundtable talks on widening business collaboration and cooperation on green energy. But the centrepiece of the visit was a series of bilateral meetings in Beijing with President Xi Jinping, Premier Li Qiang and Communist Party chief Zhao Leji, who all rolled out the red carpet treatment for Mr Albanese. 'I have a good relationship with the Chinese president and Premier and we met the number three, Chairman Zhao as well,' he said. 'We had a very constructive meeting, he'll lead a delegation to Australia later this year. 'Having two-and-a-half hours with Premier Li and two-and-a-half hours with President Xi sends a message to the whole of the Chinese government and therefore the whole of the Chinese economic system that they value the relationship with Australia.' Mr Albanese agreed the goodwill of the past week would make it easier to pick up the phone to Beijing if there was a future crisis. 'I have been able to engage in a constructive way,' he said. 'We're able to have discussions both publicly and be able to act diplomatically.'
Perth Now
5 days ago
- Business
- Perth Now
PM calls for US-China dialogue, offers Australia as bridge
Prime Minister Anthony Albanese has urged Beijing and Washington to step up communication between the two powerhouse countries as he pitches Australia playing a 'constructive' role as a middle power in a turbulent world. The Prime Minister said Australia could be a 'calm, consistent and clear voice for stability, security, economic growth and certainty going forward'. 'I think we can play a positive role. We are US allies, but we have a constructive relationship with China,' Mr Albanese said following his high level meetings with China's top leadership during his six-day tour of the country. 'Australia as a middle power can play a positive and constructive role in the world. We are living in uncertain times and there is turbulence in the world.' The Prime Minister invoked two Labor titans on his tour, first walking in the footsteps of Gough Whitlam as he visited the Great Wall of China and recalled how the former leader opened the door to Australia's modern day relations with Beijing by establishing formal diplomatic ties with the People's Republic of China in 1972. Mr Albanese also became the first Australian Prime Minister since Bob Hawke in 1986 to visit Chengdu in the southwest province of Sichuan. Mr Hawke enjoyed access to the senior PRC leadership that was unmatched by other major Western leaders. Professor James Curran had previously highlighted in a 2023 research paper that Mr Hawke played a bridging role between China and the United States. Mr Albanese said he did not view himself in a conduit role given the US and China had a separate relationship but he urged the two global giants to open up dialogue, similar to the 'communication mechanisms' the US and the Soviet Union adopted during the Cold War. 'It is in the world's interests that the two major powers are able to engage and where there are differences talk about them,' he said. Mr Albanese's week-long, trade-focused trip drew together Australian and Chinese industry executives for roundtable talks on widening business collaboration and cooperation on green energy. But the centrepiece of the visit was a series of bilateral meetings in Beijing with President Xi Jinping, Premier Li Qiang and Communist Party chief Zhao Leji, who all rolled out the red carpet treatment for Mr Albanese. 'I have a good relationship with the Chinese president and Premier and we met the number three, Chairman Zhao as well,' he said. 'We had a very constructive meeting, he'll lead a delegation to Australia later this year. 'Having two-and-a-half hours with Premier Li and two-and-a-half hours with President Xi sends a message to the whole of the Chinese government and therefore the whole of the Chinese economic system that they value the relationship with Australia.' Mr Albanese agreed the goodwill of the past week would make it easier to pick up the phone to Beijing if there was a future crisis. 'I have been able to engage in a constructive way,' he said. 'We're able to have discussions both publicly and be able to act diplomatically.'
Yahoo
5 days ago
- Business
- Yahoo
BingEx Limited (NASDAQ:FLX) Has Found A Path To Profitability
With the business potentially at an important milestone, we thought we'd take a closer look at BingEx Limited's () future prospects. BingEx Limited, through its subsidiaries, engages in the provision of on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. With the latest financial year loss of CN¥260m and a trailing-twelve-month loss of CN¥298m, the US$207m market-cap company amplified its loss by moving further away from its breakeven target. As path to profitability is the topic on BingEx's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. According to some industry analysts covering BingEx, breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of CN¥88m in 2025. Therefore, the company is expected to breakeven roughly 12 months from now or less. How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 88% year-on-year, on average, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict. Given this is a high-level overview, we won't go into details of BingEx's upcoming projects, but, take into account that by and large a high growth rate is not out of the ordinary, particularly when a company is in a period of investment. View our latest analysis for BingEx Before we wrap up, there's one aspect worth mentioning. BingEx currently has no debt on its balance sheet, which is quite unusual for a cash-burning growth company, which usually has a high level of debt relative to its equity. This means that the company has been operating purely on its equity investment and has no debt burden. This aspect reduces the risk around investing in the loss-making company. Next Steps: This article is not intended to be a comprehensive analysis on BingEx, so if you are interested in understanding the company at a deeper level, take a look at BingEx's company page on Simply Wall St. We've also compiled a list of important factors you should further research: Historical Track Record: What has BingEx's performance been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on BingEx's board and the CEO's background. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
