In a statement on 6 August, the People’s Bank of China (PBOC) slammed Washington’s decision to designate China as a “currency manipulator”. China’s yuan has continued its nosedive, weakening to 7.0488 to the US dollar on Wednesday, about 0.4 percent … Read More
BEIJING: China said on Thursday (Aug 1) that it had begun purchasing more US farm goods, addressing a key sticking point in efforts to resolve a drawn-out trade war between the two economic giants. US farm exports to China are estimated … Read More
A single miscalculation could plunge the Korean Peninsula into a conflagration with grave consequences for Japan, China, Russia—and the United States. AFP Contributor SEOUL—The defection on Thursday of a North Korean soldier weaving his way across the DMZ is the … Read More
FBI Director Christopher Wray warned Congress on Tuesday that China poses “a more severe counterintelligence threat” to the United States than any other country. Wray, who testified before the Senate Judiciary Committee, discussed the threat when asked about whether the bureau was prepared to … Read More
Japan’s move to impose unprecedented trade measures against South Korea to retaliate against its increasingly hard-line stance toward Tokyo’s wartime conduct will leave Seoul with few options to respond effectively. Domestic political drivers in both South Korea and Japan will … Read More
BEIJING: China on Monday (Jul 8) said “unilateral bullying” by the United States was the cause behind the escalating Iran nuclear crisis, after Tehran announced it was set to breach its uranium enrichment cap. “The facts show that unilateral bullying has already … Read More
OSAKA, Japan — President Donald Trump and China’s Xi Jinping agreed to a cease-fire Saturday in their nations’ yearlong trade war, averting — at least for now — an escalation feared by financial markets, businesses and farmers. Trump said existing … Read More
BEIJING (AP) — Chinese President Xi Jinping will make a state visit to North Korea this week, state media announced Monday, as U.S. talks with North Korea on its nuclear program are at an apparent standstill. Xi will meet with … Read More