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The United States Navy sailed its first warship through the sensitive Taiwan Strait on Wednesday following presidential and parliamentary elections on the island, drawing the ire of Beijing.
BEIJING (Reuters) -- China's military said it organized troops to follow and monitor a U.S. destroyer that transited through the Taiwan Strait on Wednesday, according to a statement.
HONG KONG -- A Hong Kong court will consider a winding-up petition for the Chinese property developer China Evergrande Group next week in a case that could provide a crucial test of cross-border insolvency arrangements between the special administrative region and Beijing.
As of June last year, according to a long-running poll by Taiwan’s National Chengchi University, only about 6 per cent of Taiwanese surveyed supported either unification or independence as soon as possible, while nearly 88 per cent wanted to maintain the status quo.
Hoping to improve stock market sentiment, Chinese authorities have unveiled a series of new measures – including a liquidity injection into the banking sector, which has already shown results with a short-term boost to the Chinese stock markets on Wednesday.
TAIPEI/BEIJING -- Tesla drivers in China are facing entry restrictions at more government-affiliated venues, including meeting halls and exhibition centers, due to data security concerns amid ongoing tensions between Washington and Beijing.
TOKYO -- Currencies across the Asia-Pacific region have slipped to their weakest levels against the dollar in months, as the slowdown in China casts a shadow over countries holding strong economic and trade ties with Beijing.