China's property crisis hits small regional banks harder than big players
HONG KONG -- China's property crisis is taking a particularly heavy toll on small banks in low-growth provinces, as bad debts to developers erode their finances.
Asian news from China
Biden to meet Japan’s PM Kishida amid shared concerns about China and differences on US Steel deal
WASHINGTON (AP) — Japanese Prime Minister Fumio Kishida begins a much-anticipated visit to Washington on Tuesday aiming to spotlight shared concerns about provocative Chinese military action in the Pacific and at a rare moment of public difference between the two nations over a Japanese company’s plan to buy an iconic U.S. company.
From overcapacity to TikTok, the issues covered during Janet Yellen’s trip to China
BEIJING (AP) — U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here’s a look at what she tried to accomplish, what was achieved, and where things stand for the world’s two largest economies:
US to deploy new mid-range missile system in Asia-Pacific by end of year, top general says
Deploying the system to the Asia-Pacific is likely to be part of the testing and training process, an analyst told This Week in Asia. The first prototypes of the Typhon were delivered to the US Army in November 2022.
Philippines-China relations: will 3-way summit with US, Japan further erode Manila-Beijing ties?
Observers have also speculated that the main reason behind the two-day summit is to strengthen maritime defensive efforts to counter China’s increasingly aggressive actions in the Asia-Pacific.
How Japan Is Trying to Rebuild Its Chip Industry
Taiwan Semiconductor Manufacturing Company is transforming the small Japanese farm town of Kikuyo into a key node in Asia’s chip supply chain.
