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Keywords: China


China slams international criticism of its Taiwan military drills

China launched a sharp diplomatic counterattack on Wednesday against global backlash over its two-day military exercises encircling Taiwan, branding statements from Japan, Australia, the United Kingdom, the European Union, New Zealand, and the Philippines as "extremely hypocritical." Beijing......

China ends live-fire drills around Taiwan after US $11 billion arms approval

China has wrapped up its most expansive military exercises encircling Taiwan in years, a two-day show of force that involved rockets, warships, and dozens of aircraft. The maneuvers, codenamed "Mission Justice 2025," kicked off on Monday with coordinated operations from the People's Liberation......

China reduces dollar's weight in yuan's basket amid soaring trade surplus

China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS),......

China sets steep tariffs on beef imports beyond new quota limits

China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will......

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......

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