The US Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations. Led by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, the working groups will be divided into economic and...
China and India, the world’s two largest populations, are competing against each other by developing their own 1,000-qubit quantum computers, a goal that will be achieved by the United States’s IBM this year. In terms of making quantum computers, India is a latecomer when compared with China. The Indian government in...
Xi Jinping is a Chinese politician who has been the General Secretary of the Communist Party of China (CPC) since 2012, President of the People’s Republic of China since 2013, and Chairman of the Central Military Commission since 2014. He is one of the most powerful and influential leaders...
At the onset of his unprecedented third term, Xi Jinping stacked China’s top ranks with a slate of loyalists who he presumably hoped would smooth the paths to achieve his grand vision for China. Less than a year on, however, a storm of turbulence is roiling Xi’s hand-picked ruling elite,...
Chinese President Xi Jinping's recent absences from the G20 and ASEAN summits have drawn widespread attention. Additionally, there have been reports of ongoing arrests or disciplinary actions against senior military officers in the People's Republic of China (PRC). The crackdown has hit several high-ranking officials within the People's Liberation...
New Delhi: China won’t be the focus of the Indo-Pacific Armies Chiefs Conference (IPACC) to be hosted by India next week in Delhi, the Indian Army said Wednesday. Asked if the event is aimed at discussing the tensions in the Taiwan Strait, Maj. Gen. Abhinaya Rai, Additional Director General (Strategic Planning),...
When finding a job feels as unlikely as winning the lottery, playing the actual lottery may seem like a more productive use of time. In the first half of 2023, faced with a struggling economy, Chinese consumers spent 273.9bn yuan ($37bn/£30bn) on lottery tickets, an increase of more than...
Over the summer, Beijing limited Pentagon chief Lloyd Austin to a single handshake with sanctioned Chinese Defense Minister Li Shangfu at a top military forum. Now, Li’s drop from public view could help reboot senior-level military talks between the superpowers. The Chinese defense chief is reportedly under probe after not being seen in public...
The curtain fell in the old-fashioned way: The state-of-the-art Hawker Siddeley HS-121 Trident jet exploded in the great emptiness of outer Mongolia’s Öndörkhaan desert in 1971. Lin Biao, the revolution-era military hero and Marshal of the People’s Republic of China, who was on the flight with his wife Ye...
The disappearance of China's defence minister, the latest in a string of upheavals in the country's top ranks, is stoking uncertainty about President Xi Jinping's rule as an internal security clampdown trumps international engagement. The growing unpredictability could affect the confidence other countries place in the leadership of the world's...