China Advances Military Modernization with Launch of New Cyber Corps

In a significant stride towards bolstering its defense capabilities, China has unveiled its latest initiative: the creation of a dedicated military cyber corps. The announcement came on Friday, with the Chinese Defense Ministry spokesperson, Wu Qian, emphasizing that the newly formed Information Support Force would play a pivotal role in enhancing Beijing’s ability to effectively […]

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Two Japan navy helicopters crash, one body found, 7 missing

The two SH-60 patrol helicopters were conducting anti-submarine exercises on Saturday night near Torishima in the remote Izu island group, off the southern coast of central Japan Two Japanese navy helicopters crashed into the sea during a training exercise, killing at least one of the eight crew members on board, the defence minister said on […]

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North Korea Conducts Missile Tests Amid Escalating Tensions, Asserts Military Development

North Korea announced on Saturday the successful testing of a “super-large” cruise missile warhead and a new anti-aircraft missile in a western coastal area, signaling the nation’s continued efforts to bolster its military capabilities amidst heightened tensions with the United States and South Korea. According to North Korean state media, the missile administration conducted a […]

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China’s ‘broker butcher’ makes bold moves to breathe life into moribund stocks. Will the US$9 trillion market respond?

The six-month exodus of foreign capital from China’s US$9 trillion stock market appears to have petered out, as some foreign investors voted with their feet in response to securities regulator head Wu Qing’s push to instil market discipline. It remains to be seen whether this conviction is deeply entrenched among domestic and foreign investors. Since […]

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China and EU Business Leaders Urgently Call for Dialogue to Avert Looming Trade Crisis

In a stark warning reminiscent of a “slow motion train accident,” Jens Eskelund, President of the European Chamber in China, sounded the alarm on Wednesday about the escalating tensions between China and Europe. Addressing concerns at a gathering in Guangzhou, Eskelund emphasized the urgent need for increased dialogue between European and Chinese leaders to prevent […]

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Hong Kong accounting watchdog initiates probe into PwC audits of bankrupt developer Evergrande

Hong Kong’s accounting watchdog said it will investigate accounting firm PwC for alleged auditing fraud related to bankrupt Chinese developer China Evergrande Group, adding that it would not hesitate to take enforcement action. The Accounting and Financial Reporting Council (AFRC) said in a statement on Friday that it had taken note of the whistleblower’s allegations […]

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North Korea conducts test on new ‘super-large warhead’: State media

North Korea has conducted a test on a “super-large warhead” designed for a strategic cruise missile, state media reports, adding that it also launched a new type of anti-aircraft missile. “The DPRK Missile Administration has conducted a power test of a super-large warhead designed for ‘Hwasal-1 Ra-3’ strategic cruise missile”, KCNA news agency reported on […]

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Was the US-South Korea-Japan drill just about North Korea? China might beg to differ

By Seong Hyeon Choi Washington’s military cooperation with Seoul and Tokyo may be targeted mainly at North Korea but is also likely to unnerve China, adding impetus to the “transactional” relations between Beijing and Pyongyang, according to analysts. Last week, South Korea’s navy said it had conducted joint naval drills with the United States and […]

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China Deploys Fighter Jets Amidst US Navy Patrol in Taiwan Strait

In a move highlighting ongoing tensions in the Indo-Pacific region, China’s military confirmed yesterday the deployment of fighter jets to monitor and warn a US Navy patrol aircraft traversing the sensitive Taiwan Strait. This maneuver comes in the wake of a phone call between Chinese and US defense chiefs, underscoring the complexities of the geopolitical […]

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Iran alone is enough to fight Israel: Chinese Foreign Minister

After Iran’s attack on Israel, many western countries condemned it, but China remained silent on the issue until now. Finally breaking the silence, Chinese Foreign Minister Wang Yi said that Iran’s administration alone is enough to fight against Netanyahu’s forces. Also, Iran is able to avoid further tensions in the Middle East. Wang Yi also […]

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