Evergrande Seeks Chapter 15 Bankruptcy Protection in the US
Efforts to Safeguard US Assets Amidst Multibillion-Dollar Debt Negotiations
China's Real Estate Crisis and Economic Challenges Continue
Evergrande has filed for bankruptcy in the United States as the real estate crisis in China worsens.
It will enable the heavily indebted corporation to safeguard its...
Breakthrough in Laser Weapon Technology: Chinese Researchers Overcome Overheating Issue in Laser Weapons
Cooling System Innovation: New Gas-Based Cooling System Enhances Precision and Sustained Laser Performance
Potential Shift in Military Power: Chinese Advancements in Laser Weaponry Challenge US Dominance
Researchers at China's National University of Defence Technology claim to have conquered the...
China's Coast Guard Accused of Obstructing Philippine Military Boat
Dangerous Maneuvers and Violations: China's Actions in the South China Sea
International Responses and US Support for the Philippines
Sunday, the Philippines accused China's coast guard of obstructing and water-cannoning a Philippine military supply boat in the South China Sea, condemning China's "excessive...
Heavy Rains in Beijing Leave 11 Dead and 27 Missing
Storm Doksuri Causes Severe Flooding in Beijing
Chinese Authorities Respond to Severe Rainfall with Evacuations and Relief Efforts
Beijing, flooding roads and engulfing neighborhoods with mud.
Storm Doksuri, a former super typhoon, had traversed China in a northerly direction since making landfall in...
Putin Considers African and Chinese Initiatives for Ukraine Peace, Some Provisions Challenging
Russia Receives About 30 Peace Initiatives on Ukraine, Talks with Ukraine Stall
Saudi Arabia to Host Peace Negotiations Between Ukraine and Western Nations
Russia and Ukraine's peace discussions have repeatedly failed. While Russia claims to be amenable to negotiations, it...
Pan Gongsheng Appointed as New Governor of China's Central Bank.
Economic Challenges Post-Pandemic: Sluggish Growth, Housing Crisis, and Youth Unemployment.
Pan Gongsheng's Track Record in Crisis Management Recognized for the Role.
Pan Gongsheng has been appointed as the new governor of the People's Bank of China (PBOC).
The appointment of the 60-year-old comes...
A Russian delegation led by Defence Minister Sergei Shoigu has arrived in North Korea. Later on Wednesday, a Chinese delegation will join them.
They will participate in Pyongyang's enormous military parades commemorating the 70th anniversary of the end of the Korean War.
The excursions are the first of their kind since...
China Replaces Foreign Minister Qin Gang with Wang Yi
Dismissal of Qin Gang Fuels Speculations and Rumors
Rapid Rise and Abrupt Removal of Foreign Minister Qin Gang
China removed Qin Gang from his position as foreign minister less than seven months after his appointment.
Former foreign minister and current head of the Communist...
Youth unemployment in China hits record high
Slow economic growth prompts potential new measures to stimulate the economy
Concerns over job market for university graduates and mismatch in skills
Youth unemployment in China has reached a new record high as the country's recovery from the pandemic falters.
The official unemployment rate for 16-24-year-olds...
Chinese and Russian naval vessels conduct joint exercises
Air and sea drills in the Sea of Japan aim to protect strategic maritime routes
China and Russia strengthen military cooperation amidst Ukraine conflict
Chinese defense officials announced on Sunday that Chinese naval vessels departed this weekend for joint exercises with the Russian military.
Since...
Yellen sees progress in US-China relations after Beijing trip
Acknowledging disagreements: Yellen emphasizes need for communication
Economic concerns and climate change on the agenda
Janet Yellen, the secretary of the United States Treasury, stated that her trip to Beijing signified a "step forward" in efforts to stabilize relations between the two countries.
Ms....
President Xi Jinping Calls for Immediate Medical Care and Safety Overhaul
31 Dead and 7 Injured in Northwest China Gas Explosion
Search and Rescue Operations Concluded, Investigation Launched into the Cause
President Xi Jinping of China demands immediate medical care for the injured and a safety overhaul.
A colossal cooking gas explosion at...
The resignation of Mr. Gantz would further increase the dependence of Mr. Netanyahu on far-right allies who have adopted an inflexible stance regarding ceasefire negotiations and the liberation of hostages.
A constituent of Israel's three-person war cabinet has issued a resignation threat if the government fails to implement an alternative strategy for the Gaza conflict.
According to court documents, Deutsche Bank and Commerzbank's assets, accounts, properties, and shares in Russia have been seized at the behest of a Russian court in connection with a lawsuit involving the German banks.
The banks are guarantor lenders under a contract with the German firm Linde to construct a gas processing facility in Russia. Western sanctions precipitated the project's termination.
Officials report that at least fifty persons have perished in flash floods in central Afghanistan that were triggered by heavy rainfall.
Several others, according to authorities in the province of Ghor, are missing after fleeing to higher ground for protection mere minutes before the floodwaters struck.
Additionally, the inundation reportedly caused the demise of thousands of cattle, the destruction of approximately 2,000 dwellings, and extensive damage to many more.
Revolut, the most valuable fintech company in the United Kingdom, has arranged for Morgan Stanley to facilitate the sale of shares valued at up to £400 million.
The highest-ranking fintech company in the United Kingdom, Revolut, is currently formulating strategies to permit its employees to profit from the transfer of stock worth hundreds of millions of pounds.