China and Russia to hold joint naval drills near Qingdao before Pacific patrols

China and Russia will conduct a new round of joint naval exercises off the coast of Qingdao next week, further strengthening military cooperation between the two countries as they expand coordinated operations in the Asia-Pacific region. The announcement was made on Sunday by China's Ministry of National Defense and confirmed by Russian......

China expands coast guard patrols east of Taiwan amid rising regional tensions

China has continued and intensified its coast guard operations in waters east of Taiwan, reinforcing a maritime presence that has drawn growing concern from Taipei and several European governments over its potential impact on regional stability and international navigation. According to Chinese state broadcaster CCTV, a new task force led......

Hengli Petrochemical cuts Output and cancels crude imports amid supply shift, sources say

China’s refining giant Hengli Petrochemical has significantly reduced its refining activity after cancelling large volumes of crude oil purchases from West Africa and the Middle East, according to sources familiar with the matter. The decision reportedly affects at least 6 million barrels of crude, marking an unusual reversal in procurement......

Beijing Skyscraper crash investigation reveals pilot’s suicidal intent, authorities say

Authorities in Beijing have confirmed that the pilot involved in a deadly aviation incident last week deliberately steered a small tourist aircraft into a high-rise building, with newly released findings pointing to documented expressions of suicidal intent. The aircraft collided with the city’s tallest building, located in the Chaoyang......

Volvo Cars reports 5.6% drop in second-quarter sales as electric vehicle demand continues to grow

Volvo Cars reported a decline in global vehicle sales during the second quarter of 2026, reflecting challenging market conditions despite continued growth in demand for its electrified models. The Swedish automaker sold 171,501 vehicles between April and June, a 5.6% decrease compared with the same period last year, according to figures released......

China and EU to hold second trade and investment consultation meeting this Autumn

China and the European Union have agreed to strengthen their economic dialogue by holding regular ministerial-level meetings under their newly established trade and investment consultation mechanism, with the second session scheduled for this autumn. The announcement signals continued efforts by both sides to maintain communication on trade......

Super Micro confirms two Taiwan employees detained in AI server export investigation

Super Micro Computer has confirmed that two employees at its Taiwan subsidiary have been detained as part of an investigation into the alleged illegal export of advanced artificial intelligence (AI) servers containing Nvidia chips to China. The company said two additional employees were questioned by prosecutors and later released on bail......

Myanmar moves to revive $3.6 billion China-backed Myitsone Dam project

Myanmar's government is preparing to revive the long-delayed Myitsone hydropower project, a $3.6 billion dam backed by China that has remained one of the country's most controversial infrastructure developments for more than a decade. According to sources familiar with government discussions, authorities are aiming to complete the......

US FDA to review Hybio’s generic GLP-1 drug applications, Chinese firm says

The U.S. Food and Drug Administration (FDA) has accepted for review multiple applications from China’s Hybio Pharmaceutical for a generic version of a widely used GLP-1 class drug, the company said in a stock exchange filing on Tuesday. The applications relate to an abbreviated new drug application for a tirzepatide injection, a treatment......

Meituan unveils LongCat-2.0, claims breakthrough AI Model trained entirely on Chinese chips

Chinese technology company Meituan has announced the release of LongCat-2.0, a next-generation large language model (LLM) that the company says was developed entirely using Chinese-made processors, marking a significant milestone in the country's drive for greater technological self-reliance. The Beijing-based food delivery and local......

Chinese foreign minister to visit Denmark, Sweden, Finland, Norway

China's Foreign Minister Wang Yi is set to embark on a week-long diplomatic mission across Northern Europe, underscoring Beijing's continued engagement with the Nordic region at a time of evolving geopolitical and economic dynamics. The Chinese foreign ministry announced that Wang Yi will travel to Denmark, Sweden, Finland and Norway......

China imposes export restrictions on 40 Japanese firms amid rising regional tensions

China has announced new and tightened export restrictions targeting 40 Japanese companies, in a move that Beijing says is aimed at preventing the “remilitarization” of Japan amid growing political and security tensions between the two countries. According to a statement released by China’s Ministry of Commerce, 20 Japanese......

Earthquake injures 13 in China’s Sichuan province as emergency response begins

A 5.5-magnitude earthquake struck Sichuan Province in southwestern China early Monday, leaving 13 people with minor injuries and prompting a rapid emergency response from local authorities. According to official reports, the earthquake hit Gaoxian County in the city of Yibin shortly after midnight Beijing time. The epicenter was recorded......

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