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Analysts say China can ill-afford to turn to “economic coercion” while national security concerns appear to have emerged as a bigger concern compared with the economy.
Top of Tokyo’s worry list is that if Trump returns to power he may seek some kind of trade or security deal between the world’s top two economies that could undermine recent efforts by the Group of Seven (G7) wealthy nations to counter China, according to the six officials, who spoke on the condition of anonymity because of the issue’s sensitivity.
BEIJING -- Revenue from the sale of land-use rights in China, a critical source of income for local governments, fell by 13.2% in 2023 as the country's deep real estate recession hit municipal finances hard.
Navy spokesman for the West Philippine Sea, Roy Trinidad, said on Thursday the third phase of modernisation reflected a shift in strategy away from internal to external defence.
TOKYO/GUANGZHOU/BEIJING -- China became the world's largest exporter of automobiles last year for the first time, knocking Japan off its perch thanks to strong overseas sales of electric vehicles.
Navy spokesman Roy Vincent Trinidad said about 200 vessels, including coastguard fleets, were swarming the outcrop some 37km away from Second Thomas Shoal, where Filipino troops are stationed on a rusty old warship.
North Korea’s nuclear programme is a symptom of weakness, not strength. The reality is that it is comprehensively outspent, outgunned and out-resourced by the South.
Bolton, who served in the Republican’s White House in 2018 and 2019, wrote in the new foreword of his memoir, The Room Where it Happened, that Washington’s allies face a chaotic foreign policy in a potential second Trump term.