New Zealand to Spend $2.7 Billion on New Military Aircraft
New Zealand plans to buy seven new military aircraft for $2.7 billion (US$1.57 billion)—$2 billion will be spent on five MH-60R Seahawk helicopters and...
China’s Stock Surge Defies Weak Economy, Raising Fears of Another Bust: Analysts
China’s stock market has shown recent strength, while the rally stands in stark contrast to the country’s sputtering economy, where property prices are falling,...
Nigeria Deports 50 Chinese Nationals in Major Cybercrime Crackdown
Nigeria has deported 51 foreign nationals—including 50 Chinese citizens and one Tunisian—after they were convicted of cyberterrorism and internet fraud, authorities announced Aug. 21....
Chinese Woman Gets 15 Years for Role in Conspiracy to Import Drugs to US
NEW YORK CITY—Yiyi Chen, a Chinese national who was convicted in February for her role in a conspiracy to import drugs from China to...
Nvidia CEO Confirms US Talks on ‘B30A’ Chip for China
Nvidia CEO Jensen Huang has said a China-specific AI chip is under U.S. review as the firm defends H20 sales amid Beijing’s security probe....
China Tightens Rare Earth Management With New Regulations
China has rolled out new interim measures to regulate the rare earth sector in the latest effort to tighten its grip over the metals...
Chinese National Sentenced to 4 Years for ‘Kill Switch’ Computer Code on Employer’s Network
A federal judge in Ohio sentenced a Chinese national to four years in prison on Aug. 21 for sabotaging his former employer’s network with...
US Sanctions China Terminals, Hong Kong-Based Companies, Other Foreign Entities Over Iran Oil
The U.S. government unveiled new sanctions on Aug. 21 targeting China-based oil terminal operators and several foreign entities, including those from Hong Kong, over...
Former Thai Prime Minister Cleared of Insulting Thailand’s Former King
Former Thai Prime Minister Thaksin Shinawatra was acquitted of defaming the country’s former king in an interview in 2015, by a court in Bangkok...