By Kritika Lamba and Casey Hall March 25 (Reuters) – Temu-owner PDD Holdings fell short of quarterly revenue and profit estimates on Wednesday and warned that increasing competition at home, combined with global uncertainty,
China’s Top Shipping Firm Resumes Trips to Middle East Amid Iran War
COSCO, China’s biggest shipping line, will resume deliveries to the Persian Gulf for the first time since early March, it said in a notice to customers on Wednesday. The state-owned company, which …
China’s Wang Yi pushes Iran to talk with US about ending war
Chinese Foreign Minister Wang Yi urged his Iranian counterpart to engage in negotiations as soon as possible with the US to end the war, according to a government statement on Tuesday.
Taiwan wary that China could exploit US distraction over Middle East war
By Ben Blanchard and Yimou Lee TAIPEI, March 25 (Reuters) – Taiwan fears China will exploit the distraction of the United States by its war in the Middle East, with state media citing examples from …
Deputy head of China financial regulator probed for suspected law, discipline violations
BEIJING/HONG KONG, March 24 (Reuters) – The deputy head of China’s financial regulator Zhou Liang is being probed over suspected violations of law and discipline, state media CCTV reported on Tuesday.
China complains to Japan about Tokyo embassy break-in
BEIJING, March 24 (Reuters) – China has lodged solemn representations with the Japanese after what it described as a “forceful break-in” at its embassy in Tokyo, the Chinese foreign ministry said on …
China protests to Japan over alleged break-in at its embassy in Tokyo
China says it has protested to Japan over an alleged break-in at the Chinese Embassy in Tokyo. An individual who claimed to be a Japan Self-Defense Forces officer scaled the wall and forced his way …
China’s new masterplan for its tech economy in 2030 and beyond
The 15th five-year plan, the latest blueprint for China’s economic development, adopted this month, talks drearily of “industrial upgrading”, “new quality productive forces” and the like. Yet in plain …
Pakistan, China, Sri Lanka see fuel prices rise as Hormuz choke fuels oil crisis: How countries are feeling the impact
India is increasing coal burn to meet peak summer demand, while South Korea has relaxed limits on coal-based power. Indonesia is prioritising domestic coal use over exports, tightening regional …
‘Americas Counter Cartel Coalition’: Inside the US strategy to combat narco terror, confront China, other foes
Joseph M. Humire, acting assistant secretary of War for Homeland Defense and Americas Security Affairs, explains the Trump administration’s strategy for the Western Hemisphere.