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Tokyo, Oct. 14 (Jiji Press)--Chinese fighter jets took off from and landed at the country's Liaoning aircraft carrier Wednesday after the vessel sailed between the main island of Japan's southernmost prefecture of Okinawa and Okinawa's Miyako Island, the Japanese Defense Ministry's Joint Staff said. The Chinese navy said earlier on Wednesday that the Liaoning has headed for the western Paci...
Leaders of the EU’s 27 member states will instruct Brussels to “urgently” come up with new weapons to counter the imbalances they believe are caused by China’s economic policies, at a meeting in the Belgian capital on Thursday. The instruction – part of a draft statement being negotiated ahead of this week’s European Council summit – comes after the European Union and China reached a surprise deal in Beijing last week that will cap the number of Chinese hybrid cars imported to the bloc at...
Dutch semiconductor equipment giant ASML expects China to account for about 20 per cent of its total sales this year, after seeing shipments to the market more than double during the previous quarter despite mounting US pressure for tighter export restrictions on less advanced chipmaking machinery. The company’s sales to China surged 109 per cent in the third quarter compared with the previous three months, according to financial results released on Wednesday. That took China’s share of ASML’s...
Premier Li Qiang said on Wednesday that China stands ready to import more high-quality goods, particularly high-value-added products, as part of efforts to promote more balanced trade. Li made the pledge at a symposium for the autumn session of the biannual Canton Fair, China’s largest foreign trade exhibition. The nearly three-week-long event officially opens on Thursday, with more than 32,000 exhibitors and 210,000 overseas buyers registered in advance. “International trade is not merely...
Philippine officials want a new anti-foreign interference law ahead of the 2028 presidential election, as a raid on a suspected online scam centre near the country’s military headquarters and reports of Chinese-linked money transfers to a company tied to Vice-President Sara Duterte-Carpio’s family fuel national security concerns. On Monday, immigration and military operatives arrested 76 foreigners at a facility in Quezon City suspected of being linked to Philippine offshore gaming operators...
As the US Treasury imposed historic fines on Bank of America over compliance failures involving Chinese money-laundering networks, analysts see the action as a signal that could prompt Western banks to tighten scrutiny of Chinese clients and cross-border transactions. The penalties, announced on Tuesday and totalling more than US$1.21 billion, included what the US Treasury described as its third-largest penalty on record and the largest in the history of the Office of the Comptroller of the...
China's September exports rose 36.3% to US$447.18 billion, strengthening its leverage over Latin American commodity suppliers like Brazil. The post What China’s 36.3% Export Jump Means for Brazil appeared first on The Rio Times.
The EU's goods trade deficit with China reached €359.9 billion in 2025, pushing Europe to diversify suppliers and redirecting trade toward Latin America. The post EU China Trade Gap Pressures Latin America appeared first on The Rio Times.
For a decade, former Chongqing mayor Huang Qifan stood out as a political survivor while colleague after close colleague fell in China’s far-reaching anti-corruption campaign. Throughout that time, including his seven years as the megacity’s mayor from 2009 to 2016, Huang was seen as a “tumbler” in Chinese politics – a weighted doll that wobbles but never falls over. The nickname was well-deserved – he served under six municipal Communist Party secretaries, watching two of them – Bo Xilai and...
Taiwan’s coastguard is buying US-designed uncrewed surface vessels for its first dedicated drone-boat programme to strengthen its ability to detect and track the growing presence of mainland Chinese vessels operating around the island. Florida-based Maritime Tactical Systems (Martac) announced on Tuesday that the deal covered an undisclosed number of its Devil Ray T24 autonomous boats, with production planned for both the United States and Taiwan. Martac described the deal as “one of the most...
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of its revenue by 2028, according to the market intelligence firm on Tuesday. Much of the momentum is...
A newlywed Chinese couple has gone viral on social media because they share exactly the same name, written with the same Chinese characters, and work in the same industry. The coincidence has caused a few practical complications, but many people see it as pure fate. On October 6, the groom, 33, and the bride, 28, both named Zhu Xiaocong, held their wedding in Zhejiang province, eastern China. Someone shared their wedding poster online, which showed that the couple had exactly the same name,...
The rules of engagement between countries are changing in a world increasingly shaped by Donald Trump and China. What does it take to survive? Rebecca Choong Wilkins explains from Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Senior American diplomats, administration officials and Indo-Pacific military commanders met in Tokyo earlier this month in what one source called an “unusual” gathering ahead of US President Donald Trump’s planned visit to China in November. People familiar with the meeting said it represented an evolution of a long-standing practice in which US ambassadors stationed across Asia and the Pacific gathered to exchange intelligence, coordinate diplomatic reporting and align regional priorities. The...
More than a dozen US companies are exploring opportunities in Malaysia’s rare earths industry, as Washington seeks to diversify supplies of critical minerals and reduce its reliance on China.
China’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year increase in volume. But higher prices fuelled the 136 per cent jump in value amid a memory chip...
China’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...
A business delegation from northeastern China has visited a Russian-controlled, Japanese-claimed island off Hokkaido to explore joint economic projects, a move that has prompted protests from Tokyo. Officials and business leaders from Heilongjiang province, which borders Russia’s far east, travelled to Etorofu – known to Russians as Iturup – to survey potential investment opportunities, according to the Sakhalin Oblast government, which oversees the island. Etorofu is the largest island in a...
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China carmakers eye record 12 million global sales in 2026 as EV demand surges Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an...
China could roll out additional economic support if growth weakened in the last three months more than Beijing could tolerate, according to Bank of America Corp.
Singapore's Deputy PM Gan Kim Yong cites Singapore’s strong economic ties with China, India and Canada as examples of collaboration that helps the respective countries meet their needs and create a better future. (Source: Bloomberg)
A bridge between China and North Korea that was completed 12 years ago will finally open on Thursday. The two countries will hold an opening ceremony to mark the official opening of the New Yalu River Bridge, Chinese state news agency Xinhua reported on Wednesday morning. Last week, signs that the bridge would soon open were spotted, including vehicles crossing and traffic lights and bridge indicators being activated, according to South Korean newspaper The Chosun Daily. The bridge links the...
Two-way trade between January and September was up 25.4% to $144.45 billion, while India’s imports from China continued to rise, up 23.3% to $125.19 billion
China posted a trade surplus of $133 billion in September, fueled by a 36% export surge and a near-doubling in AI chip shipments despite sluggish domestic demand. Here's what it means for trading partners. (Source: Bloomberg)
The long-delayed bridge will formally open on Thursday, according to China's state-run Xinhua news agency.
Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China, bringing the billion-dollar mega plant a step closer to production.
Across China, a new breed of freelance “robot trainers” are wearing motion-capture gear to turn everyday household chores – picking up cups, opening bottle caps and washing dishes – into data that will teach tomorrow’s machines. The data is later converted into training sets to help robots work in settings ranging from kitchens and factories to supermarkets. Such roles are increasingly advertised on mainland social media and job platforms. They reportedly pay trainers between 4,000 yuan and...
China has lifted nearly 800 million people out of extreme poverty, arguably the greatest achievement in poverty reduction in human history. Even so, no mainland Chinese economist has won the Nobel Prize in Economic Sciences. Across the Pacific, the United States has produced about 75 per cent of Nobel economics laureates, even as its economy staggers under mounting public debt, chronic fiscal deficits, and recurring financial crises and government shutdowns. Of the 99 economics laureates ever...
Two Taiwanese executives have been arrested for allegedly using mainland Chinese-made components in drones supplied to the island’s military. It is the second time in two months that a Taiwanese drone supplier has been investigated by the island’s authorities over the alleged use of prohibited mainland components. The case has intensified opposition scrutiny of the government’s efforts to build a “drone team” based on a “non-red” supply chain that excludes components and technology from mainland...