1st RMB Clearing Bank in Europe Raises Questions for Global Financial System: Analysts
After Deutsche Bank announced on Aug. 10 it was authorized by the People’s Bank of China—China’s central bank—to be an RMB clearing bank in...
China on Alert for Public Discontent After Death of Former Premier Zhu Rongji
The Chinese Communist Party (CCP) is closely monitoring public reactions to the death of former Chinese Premier Zhu Rongji, amid concerns that mourning for...
Japan Protests as Putin Visits Disputed Islands
Russian President Vladimir Putin on Aug. 13 made his first visit to Iturup, one of the southern Kuril Islands in the Pacific, drawing strong...
China, Indonesia Hold First Naval Drill East of Taiwan, Signaling Push Into Western Pacific
China and Indonesia conducted a joint naval exercise east of Taiwan on Aug. 12, marking the first time Beijing’s military has held a drill...
China’s Beidaihe Meetings Focus on 2027 Leadership, AI, and Chip Push
Chinese Communist Party (CCP) leaders are using their annual Beidaihe retreat to begin laying the groundwork for the Party’s next national congress while seeking...
Former Chinese Premier Zhu Rongji Dies at 97
Former Chinese Premier Zhu Rongji, who led China’s economic reforms and entry into the World Trade Organization (WTO), has died at 97. Zhu passed...
2 Former Chinese Military Servicemembers Arrested in South Korea for Alleged Espionage
Two former Chinese military servicemembers were arrested in South Korea and accused of espionage, police in South Korea said on Aug. 11. The suspects...
Thai Government Pledges to Toughen Gun Laws After 2 Shootings
The Thai government said on Aug. 12 that it would bring in tighter gun control laws and crack down on illegal firearms after two...
Chinese National Pleads Guilty to Smuggling Military-Grade Satellite Modems to China
A Chinese national who tried to buy military-grade satellite modems and radios for shipment to China has pleaded guilty in federal court in Salt...