Last year, China scrapped a nationwide mortgage rate floor for individual homebuyers, seeking to bring down borrowing costs. The central bank then let the local interest rate self-discipline system, a …
UAE executes first cross border digital currency payment with China
The UAE completed its first-ever cross-border payment to China using digital currency, executed by Sheikh Mansour through the new ‘Jisr’ platform. The two countries also linked their instant payment …
Philippines sentences ‘Chinese spy mayor’ to life in jail
A former Philippines mayor who was accused of spying for China has been found guilty of human trafficking for her role in running a scam centre. On Thursday, she and three others were sentenced to …
China Ran Disinformation Campaign To Undermine Rafale Jet Sales After India-Pakistan Clash: US Report
After the India-Pakistan border flare-up in May, triggered by the Pahalgam terror attacks, China allegedly launched a targeted disinformation campaign aimed at derailing French Rafale sales and …
Japan counts cost of China’s travel boycott as tensions flare
Within days of China urging its citizens not to travel to Japan due to a diplomatic dispute, Tokyo-based tour operator East Japan International Travel Service had lost 80% of its bookings for the …
China’s diesel trucks are shifting to electric. That could change global LNG and diesel demand
China is rapidly replacing its aging diesel trucks with electric models, signaling a major shift in the world’s largest vehicle market.
US flexes bomber power on China’s doorstep
The U.S. Air Force regularly rotates its bombers—the B-1B Lancer, the B-2 Spirit and the B-52H Stratofortress—in the Indo-Pacific for Bomber Task Force missions. Four B-1B bombers have been operating from Misawa Air Base in Japan since mid-October.
China to suspend imports of Japanese seafood in latest escalation over Taiwan comments
HONG KONG — China will suspend imports of Japanese seafood, according to ABC News partner NHK, escalating a diplomatic dispute triggered by Japanese Prime Minister Sanae Takaichi’s recent comments …
Japanese seafood caught up in escalating diplomatic dispute with China
China has indicated it will ban all imports of Japanese seafood, two government officials in Tokyo said on Wednesday, in what appears to be the latest salvo in an escalating diplomatic dispute between …
How China Used Pakistan’s Military Crisis to Boost Its Arms Sales and Undercut India’s Rafale Fleet
A new report says China used Pakistan’s 88-hour Operation Sindoor clash with India to test its modern weapons and push its defence sales. Beijing also ran a global disinformation campaign to harm …