Chinese firms are expanding in Vietnam, leading investment inflows and sending record shipments to Hanoi in defiance of US calls for decoupling, as the Communist neighbours beef up ties. Recent steps that Hanoi had long resisted on security grounds include sensitive tech contracts for Chinese telecoms firms Huawei and ZTE; approval of Chinese loans for […]
Read MoreChina’s Premier Li Qiang said on Tuesday the “mutually destructive consequences of tariffs have become increasingly evident” over 2025, in remarks at a “1+10 Dialogue” including the heads of the IMF, World Trade Organization and World Bank. Without naming US President Donald Trump, China’s second-highest ranking official told the meeting in Beijing that greater effort […]
Read MoreBEIJING: A Beijing court has ruled that Malaysia Airlines must pay 2.9 million yuan ($410,000) each to the families of eight passengers who went missing in the mysterious disappearance of the MH370 flight more than a decade ago. The court ordered the airline to pay each family compensation for the death of their loved one, […]
Read MoreBy Ji Siqiin Beijing With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early […]
Read MoreJapanese authorities lifted tsunami warnings on Tuesday hours after a powerful 7.5-magnitude earthquake shook northeastern regions, injuring at least 30 people and forcing about 90,000 residents to evacuate their homes. The earthquake struck off the coast at 11:15 pm (1415 GMT) on Monday, and the Japan Meteorological Agency said a tsunami as high as 3 […]
Read MoreBy Liu Zhen Chinese naval vessels have ramped up pass-through operations as tensions between Beijing and Tokyo continue to rise. On Monday, a Chinese naval Type 054 destroyer sailed southeastward between Okinawa Island and Miyako Island, heading towards the Pacific Ocean, while another travelled eastward through the Osumi Strait, Japan’s defence ministry said on Tuesday. […]
Read MoreBy Vanessa Cai in Shanghai and Orange Wang One month after the Taiwan contingency remarks that set off the diplomatic firestorm with China, Japanese Prime Minister Sanae Takaichi said Japan would “closely monitor” the situation and respond appropriately. Takaichi delivered these remarks during a session of the Diet, Japan’s parliament, on Tuesday morning. She was addressing […]
Read MoreBy Park Chan-kyong South Korea has thrown its weight behind a United Nations resolution condemning the North’s dire human rights record, a choice that could complicate Seoul’s push to reopen dialogue with Pyongyang, analysts have warned. The decision to co-sponsor the annual UN resolution – despite expectations that President Lee Jae-myung’s liberal government might step […]
Read MoreBy Frank Tang in Washington China’s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post, with the heads of the fund’s fixed income, private equity and public relations departments all taking new non-managerial positions. All have extensive overseas work experience, and none have reached the […]
Read MoreBy Alcott Wei in Beijing Beijing sent a Type 055 destroyer fleet to the south of Japan on Tuesday, according to Tokyo, just days after comments about Taiwan from Japanese Prime Minister Sanae Takaichi drew a strong reaction from Beijing. Japan’s defence ministry said on Wednesday that three Chinese ships, including a Type 055 destroyer, […]
Read More
