Keywords: China
China’s central bank has broadened its digital yuan programme by authorizing 12 additional banks to operate the national digital currency, the People's Bank of China (PBOC) said. This expansion raises the total number of banks able to handle the digital yuan to 22. Among the newly approved......
More than a month into the American-Israeli military campaign against Iran, China is absorbing the economic shock of oil supply disruptions and soaring energy costs, yet a growing number of analysts argue that the world's second-largest economy may be better positioned than most to weather the storm,......
BYD, the world's largest electric vehicle manufacturer, reported sales of 300,222 vehicles in March, a 20.5% year-on-year decline according to Reuters calculations, extending its losing streak to seven consecutive months. New energy vehicle production fell 33% compared to the same month a year earlier. The......
Defense Secretary Pete Hegseth issued a pointed warning to Russia and China on Tuesday over their alleged support for Iran, saying the United States is addressing the matter directly as the war enters its fifth week with no diplomatic breakthrough in sight. Speaking at a Pentagon briefing alongside......
Japan has begun deploying long-range missiles on the southern island of Kyushu as part of its efforts to strengthen national defense amid rising tensions in the East China Sea. Officials from the Ministry of Defense confirmed that the deployment includes surface-to-ship missiles with a range of up to......
China has successfully conducted flight tests of a hybrid propulsion system designed to make small combat drones quieter, harder to detect and capable of flying longer distances, according to a report aired Friday by CCTV‑7, the country’s military television channel. The system, rated at 60 kilowatts......
BYD, the world’s largest electric‑vehicle maker, reported a sharper‑than‑expected decline in net profit in the fourth quarter of 2025, as intense price competition and tighter regulations in China have trimmed margins for a third consecutive quarter. The company disclosed the figures on Friday......
BASF inaugurated Thursday its massive Verbund integrated chemical complex in Zhanjiang, Guangdong province, southern China the company's biggest single investment in 160 years at 8.7 billion euros across four square kilometers employing over 2,000. Launch timing shadows short-term profitability amid......
Australia and Germany committed Thursday to develop a shared space-based early-warning system. The pact targets growing orbital threats from Russia and China. The agreement marks a historic deepening of defense ties between these middle powers [thenewdaily.com.au]. Defense ministers Boris Pistorius......
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