China

Biden and Xi Set to Meet in Peru on Saturday

US President Joe Biden and Chinese President Xi Jinping will meet Saturday at the APEC summit in Peru, in what will likely be their last encounter before Donald Trump returns to the White House, US officials said. The meeting will be the third between the leaders of the world's two biggest economies and their second since a major ice-breaking set ...

Bitcoin Breaks Records as Asian Markets Slump in Trump Era

Most Asian markets fell Monday after China's keenly awaited plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win. Stocks rallied last week on hopes that a second Trump administration - supported by a ...

Three Chinese Astronauts Begin Mission to Tiangong Space Station

Three Chinese astronauts, including the country's only woman spaceflight engineer, entered the Tiangong space station on Wednesday following an early morning launch into orbit. The Shenzhou-19 mission took off with its trio of space explorers at 4:27 am (2027 GMT Tuesday) from the Jiuquan Satellite Launch Center in northwest China, Xinhua and ...

China Deployed Fighter Jets and Warship Around Taiwan in "Warning"

China deployed fighter jets and warships to encircle Taiwan on Monday, in drills Beijing said were aimed at sending a "stern warning" to "separatist" forces on the self-ruled island. Beijing has not ruled out using force to bring Taiwan under its control and Monday's drills represent its fourth round of large-scale war games in the past two ...

New Collision Between Chinese and Philippine Ships

Beijing accused a Philippine ship of deliberately running into a Chinese coast guard vessel on Saturday near a flashpoint shoal in the South China Sea, the latest in a spate of similar incidents in recent weeks. China claims almost all of the economically vital waterway despite competing claims from other countries and an international court ...

China Watches as Washington Gets Entangled in the Middle East

China’s success in mediating a political solution for bridging the divide between Iran and the Kingdom of Saudi Arabia was perceived by some as a ‘historic’ move. They viewed this achievement as a significant shift in Chinese foreign policy towards the Middle East, given that the influential Asian nation, with its veto power as one of the ...

Trump or Biden, the US Economic War on China Will Continue

In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under President Joe Biden -- though still hardliner. Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher, whether Biden ...

New EU Sanctions Against China, N. Korea Amidst War on Ukraine

The EU on Wednesday agreed to ban exports to three mainland Chinese firms and blacklist North Korea's defense minister in new sanctions for the second anniversary of Russia's war on Ukraine, officials said. The fresh round of measures -- the 13th since Russian President Vladimir Putin's February 2022 invasion -- overall targets some two hundred ...

Italy Pulls Out of Chinese Belt and Road Initiative

After more than four years of being the sole G7 nation to join, Italy has decided to withdraw from China's extensive Belt and Road infrastructure Initiative, as confirmed by a government source on Wednesday. Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign ...