The Chinese coast guard detained a Taiwanese fishing vessel off China’s southeast coast on Tuesday night, marking the latest escalation in tensions surrounding a group of frontline islands controlled by Taipei. Taiwan’s coast guard reported that the fishing boat, Tachinman 88, was intercepted by two Chinese coast guard vessels near the Kinmen islands, located just […]
A Eurasian club of countries led by China and Russia is poised to expand again this week, adding Belarus, a staunch ally of Russia that has openly supported Moscow’s war on Ukraine. This move further advances the leaders’ vision of an alternative world order. The expected admission of Belarus to the Shanghai Cooperation Organization (SCO) […]
Goldman Sachs analysts noted a growing divergence between the Caixin and official Purchasing Managers’ Indexes (PMIs) since May, attributing the difference to the sectors each index covers. The Caixin PMI focuses on export-oriented and consumer-related companies, whereas the official PMI includes manufacturers producing industrial materials such as steel, cement, and chemicals, which are more susceptible […]
Chinese government bonds have become a hotspot for investors seeking a safer alternative to the country’s troubled real estate market and volatile stock market. This surge in demand has driven bond prices up and yields to historic lows. The yield on China’s onshore 10-year government bond, a key benchmark, hit a record low of 2.18% […]
The Chinese government has achieved a groundbreaking milestone by retrieving rocks and soil from the far side of the moon—territory no humans have ever previously encountered. The successful return of the Chang’e-6 lunar mission on June 25, 2024, marks a historic scientific achievement, reinforcing China’s position as a leading space power, rivaling the United States. […]
The recent resignations of two British judges from Hong Kong’s highest court have raised significant concerns about the rule of law in the region, according to lawyers and experts. This development is expected to further undermine confidence in Hong Kong’s broader commercial legal sector. Hong Kong’s legal industry, which has been a cornerstone of the […]
Former Defense Ministers Li Shangfu and his predecessor Wei Fenghe have both been expelled from the Communist Party China on Thursday expelled its former Defense Minister Li Shangfu and his predecessor from the ruling Communist Party over corruption allegations, state broadcaster CCTV reported, deepening a sweeping purge within the top ranks of the military. Li was removed in October […]
North Korean leader Kim Jong Un and Russian President Vladimir Putin ride a Mercedes-Benz at a welcoming ceremony in Pyongyang on June 19, 2024. Gavriil Grigorov/Pool/AFP/Sputnik/Getty Images Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.Hong KongCNN — As Russian President Vladimir […]
China escalated its pressure on Taiwan on Friday, threatening to impose the death penalty in extreme cases for “diehard” Taiwan independence separatists, despite having no jurisdiction over the democratically governed island. This latest development adds to a series of actions aimed at intimidating Taiwan since Vice President Lai Ching-te’s election victory in January. Taiwan has […]
China has expelled its former Defense Minister Li Shangfu and his predecessor Wei Fenghe from the ruling Communist Party over corruption allegations, state broadcaster CCTV reported on Thursday. This move deepens a sweeping purge within the top ranks of the military. Li was removed from his position in October last year without explanation after disappearing […]
