The president of the Maldives, Mohamed Muizzu, will pay a state visit to China from Jan. 8 to 12, the Chinese foreign ministry said in statement on Friday, in what would be a high-profile snub…
Monthly Archives For January 2024
Beijing has ‘a lot of legal weapons’ to challenge Manila’s claims in South China Sea, international law expert says
Beijing still has plenty of countermeasures it could use against Manila if tensions between the two countries continue to escalate in the South China Sea, according to a seasoned legal expert who specialises in the…
Taylor Swift Dragged Into Taiwan Election Fight Amid China Tensions
An opposition party’s vice-presidential nominee in Taiwan has accused the ruling party of letting relations with China fester thereby scaring off Swift.
China’s new super aircraft carrier is a deadly threat to Taiwan – and US Navy prime target
The Chinese navy’s first supercarrier is almost ready for trials. And if it hasn’t already done so, the US Navy must prepare detailed plans for sinking her. The clock is ticking.
China and Europe’s trade spat escalates as Beijing targets French brandy
China is opening an investigation into the price of brandy imported from the European Union in what is widely seen as retaliation for the bloc’s similar probe into the influx of cheap Chinese electric …
Satellite Photo of Training Base Captures China’s Aircraft Carrier Mock-up
New satellite imagery has brought attention to China ‘s mock-up aircraft carrier, which was pitched in the Chinese city of Wuhan. In the latest image shared with Newsweek by Skyfi, a satellite imagery and analytics…
Philippine military says second joint patrol with US underway in South China Sea
The Philippines and the United States began a two-day joint patrol in the South China Sea on Wednesday, the Philippine military said in a statement, a move that would likely irk China. Security engagements between…
Troubled Chinese finance giant Zhongzhi files for bankruptcy
Many developers used Zhongzhi to finance their projects during China’s real estate boom. (AP pic) BEIJING: Chinese asset management giant Zhongzhi Enterprise Group has filed for bankruptcy and was unable to pay its debts, a…
Major Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
Troubled China Shadow Bank Zhongzhi Files for Bankruptcy
Chinese shadow banking giant Zhongzhi Enterprise Group Co. filed for bankruptcy, cementing the rapid downfall of a firm that oversaw more than $140 billion at its peak before succumbing to the …
Chinese Financial Conglomerate Zhongzhi Declares Bankruptcy
The bankruptcy follows a calamitous year in which Zhongzhi sparked fears that the world’s second-largest economy was facing a “Lehman moment.” …
Citi to launch China-based investment banking unit by ‘end of 2024’
Citigroup reportedly has plans to create a wholly owned China-based investment banking unit by the end of 2024.
China launches tit-for-tat anti-dumping enquiry into EU brandy
China has begun an anti-dumping investigation on brandy imported from the European Union, it said on Friday, a step likely to increase tensions with the bloc that is scrutinising Chinese electric vehicle subsidies and biodiesel…
