The death toll from the strongest earthquake to hit China’s southwestern Sichuan province since 2017 rose to 65 on Tuesday as rescuers rushed to reach hundreds of stranded people, restore utilities …
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China Drills Improved Taiwan’s Combat Abilities, President Says
The combat skills of Taiwan’s military are now “more mature” and it is better able to fight thanks to having to repeatedly scramble to see off Chinese forces during their recent drills, President Tsai …
Revving Exports to U.S. Keeps India in Race to Be Next China
India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into the top five suppliers of Christmas decorative items and …
China’s Energy Giants Sell Gas to World Scrambling for Supply
China’s biggest energy groups are diverting more liquefied natural gas away from their languishing home market, offering some relief to desperate buyers suffering supply shortages in other parts of …
The Alternate History of China
China seemed stuck with a dysfunctional hybrid economy: half planned and half market, with the worst features of both. The sense of paralysis helped drive popular dissatisfaction. In 1989, students in …
The Yuan’s Slide Is Too Big for Beijing to Stop
China’s economy is faltering and so is its currency. The yuan’s drop to a two-year low has led to hand-wringing that emerging markets have lost an anchor. The slide is regarded with foreboding in Asia…
Earthquake kills 65, triggers landslides in southwest China
State media say the powerful earthquake that set off landslides and shook buildings in southwestern China killed at least 65 people and injured hundreds …
Asian markets mixed after China promises economic support
Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth. Shanghai gained while Hong Kong declined. Tokyo and South Korea …
Live news updates: China’s central bank sets renminbi midpoint at weakest level in 2 years
China’s central bank fixed its reference rate for the renminbi at its weakest level in two years on Tuesday as the currency depreciates against a buoyant dollar. The People’s Bank of China set the …
China’s Lockdown Hits City of 6 Million; Chengdu Still Shut
China sealed off parts of Guiyang, capital of the mountainous southern Guizhou province, as an increase in virus cases triggered a stringent response in line with the country’s Covid Zero strategy.
China Is Taking More Visible Measures to Slow Currency’s Descent
China set a stronger-than-expected exchange-rate fixing for a 10th straight day and said it will allow banks to hold less foreign currencies in reserve, its most substantial moves yet to stabilize a …
An Earthquake in Southwest China Has Left 46 Dead and Triggered Landslides
The quake struck a mountainous area in Luding county shortly after noon, the China Earthquake Networks Center said. Sichuan, which sits on the edge of the Tibetan Plateau where tectonic plates meet, …
Financial institutions bullish on China market
BEIJING-In the early 1990s, Principal Financial Group, a US global financial investment management and insurance company, set up its representative office in Beijing, together with many other …