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China has “no reason” to view the first-ever trilateral summit between the US, Japan and the Philippines as a threat, a top White House official said on Friday.
UK defence secretary Grant Shapps has said that consultations on future cooperation between Aukus partners and other nations will begin this year. What assets might Asian allies such as Japan, South Korea and Singapore bring to the table?
WASHINGTON (Reuters) -- China is backing Russia's war effort in Ukraine by helping Moscow in its biggest military buildup since the Soviet era, providing drone and missile technology, satellite imagery and machine tools, senior U.S. officials said on Friday.
US Treasury Secretary Janet Yellen on April 8 warned China that rising investment in new industries will lead to “significant risk to workers and businesses in the United States and the rest of the world,” adding that China “is now simply too large for the rest of the world to absorb this overcapacity.” Secretary Yellen said:
China’s exports fell in March by 7.5% year-on-year, although the fall was mainly due to base effect: Chinese exports spiked in March 2023, so the comparison is distorted by the exceptionally high level of the year-earlier month. In RMB terms, China’s exports continue to follow a rising trend after the big jump between 2019 and 2023.
US tech giants are pumping billions of dollars into artificial intelligence, cybersecurity and chip production in Japan, which dominated the hardware industry in the 1980s.
HashKey Group, operator of one of only two licensed cryptocurrency exchanges in Hong Kong, is teaming up with the operator of the blockchain created by Telegram Messenger to give users an on- and off-ramp by exchanging their so-called Toncoins for cash.
HANOI, Vietnam (AP) — The unusually harsh death sentence given to a real estate tycoon in Vietnam was a pivotal moment in the decadelong “Blazing Furnace” anti-corruption campaign as the Vietnamese business community wrestled with an uncertain future Friday.