Bessent Calls on China to Exert Pressure on Iran to Open Strait of Hormuz
U.S. Treasury Secretary Scott Bessent has urged China to intensify its diplomatic efforts to persuade Iran to open the Strait of Hormuz to international...
Taiwanese President Returns From Eswatini Trip Amid China’s Interference
TAIPEI, Taiwan—Taiwanese President Lai Ching-te returned home on May 5 after a state visit to Eswatini, vowing that the island nation would not be...
European Commission Urges Member States to Exclude Huawei and ZTE From Telecom Networks
The European Commission has recommended that EU member states exclude Huawei and ZTE equipment from telecom operators’ connectivity infrastructure. A commission spokesperson made the...
New Zealand and Singapore Sign Landmark Deal to Protect Supply Chains
New Zealand and Singapore signed an agreement on May 4 to keep supply chains open in times of crisis, as global energy supplies remain...
Beijing’s Drone Crackdown Signals Shift to Preemptive Security Control: Analysts
China’s capital has enacted its most restrictive drone regulations to date, effectively banning the sale, transport, and use of civilian drones across the city,...
KFC China Sales Jump as Food Deliveries Boom, but Profit Margins Shrink
KFC China’s sales have jumped because of China’s booming delivery business during a persistent sluggish economy. Analysts said that this is a paradox that...
How Big Is China’s Real Overall Government Debt?
Commentary Beijing has long maintained that government debt risks are overall safe and controllable. According to the official data disclosed by China’s Ministry of...
Chinese Firm Sues to Try Stop Australia Cancelling 99-year Darwin Port Lease
The Chinese company that has a 99-year lease over Australia’s Port of Darwin has filed an international lawsuit to try ward off any attempt...
US Sanctions China-Based Oil Terminal, Ship Managers Amid Iran Sanctions Regime
The United States on Friday sanctioned a network of entities and individuals alleged to have funneled billions of dollars to Iran via illicit oil...