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Keywords: China


Air China seals multibillion dollar Airbus deal as Chinese carriers expand fleets

Air China said it and a subsidiary have signed an agreement with Airbus to purchase 60 A320neo aircraft, a deal valued at about 9.5 billion dollars at catalogue prices. The aircraft are scheduled for delivery in batches between 2028 and 2032, according to a filing with the Shanghai Stock Exchange, marking......

China conducts largest military drills near Taiwan

China carried out its largest military exercises to date around Taiwan on December 30, launching rockets and deploying warships, bombers, and amphibious assault vessels in maneuvers simulating a blockade of the island. The two-day operation, called “Mission Justice 2025,” involved 130 military......

Multiple triggers behind China's Taiwan drills

China's military exercises around Taiwan stem from several key provocations, including a massive US arms package and pointed remarks from regional leaders. The drills followed Washington's approval of an unprecedented $11 billion weapons deal to Taiwan, featuring $4.05 billion in High Mobility......

China's yuan breaches 7-per-dollar mark onshore for first time since 2023

China's yuan has surged past the critical 7-per-dollar threshold in onshore trading for the first time since 2023, reaching 6.9960 on Tuesday amid evident concerns from authorities over the currency's sharp strengthening. This milestone reflects mounting pressures on Beijing to balance export......

Panama removes Chinese monument near canal as tensions rise

A monument honoring China’s historical presence in Panama and its contribution to the construction of the canal has been demolished, igniting a diplomatic dispute and domestic backlash in the Central American nation. The removal of the structure occurred late Saturday near the Pacific entrance......

China Urges Cooperation With US While Tightening Sanctions on Defense Firms

China’s ruling Communist Party has renewed its appeal for cooperation with the United States, framing the relationship between the two powers as a crucial pillar of global economic and strategic stability even as frictions over security and trade intensify. In a prominent commentary carried by......

China targets US defense firms over arms sales to Taiwan

Beijing has imposed sanctions on twenty American defense contractors and ten senior executives in response to Washington’s latest military aid package to Taiwan, intensifying friction between the United States and China over the island’s security and sovereignty. China’s Foreign Ministry......

China dismisses Pentagon report linking border calm to U.S.-India ties

China has rejected a new Pentagon assessment claiming that Beijing is using reduced border tensions with India to hinder the growth of U.S.-India strategic relations, calling the analysis “groundless” and aimed at sustaining American military dominance. At a news briefing in Beijing, Foreign......

Yuan strengthens as China advances digital currency expansion

The Chinese yuan exceeded the key threshold of 7 per dollar for the first time since September 2024, signaling renewed confidence in the nation’s currency strategy. The offshore yuan reached 6.9985 against the U.S. dollar on Thursday after the People’s Bank of China (PBOC) set its daily midpoint......

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