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BANGKOK – Thailand hopes China will help build a US$2.8 billion, east-west highway and railway “Land Bridge” across the kingdom, linking the Andaman Sea and Gulf of Thailand as a short-cut for oil and other international cargo currently sailing further south via Singapore and the Malacca Strait.
China’s home-grown narrowbody passenger jet, the C919, took to the Singapore skies on Sunday to prepare for its first-ever international display – a move that may help its developer promote the aircraft as a viable option for overseas buyers and aid Beijing in its crusade to become a global player in aviation.
Australia’s defence minister has said Canberra is keen for Tokyo to play a larger role in the development of defence technology under the Aukus security partnership, but he stopped short of suggesting Japan should join a pact that presently brings together Australia, Britain and the United States.
BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s yearslong anticorruption drive.
While the numbers may be small compared to Beijing’s, experts say these vessels play an “outsized effect” on the battlefield, as they can put other countries’ surface warships at risk and even alter an adversary’s naval strategy.
China's central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the Federal Reserve limiting Beijing's room to maneuver on monetary policy.