China’s top leadership is pre-occupied with political manoeuvring to agree on a rescue plan to end the housing slump, while intensifying geopolitical risk means Chinese assets will be volatile under the current administration and only selectively investable, strategists, said.Hopes for some sort of intervention by Beijing to overcome a...
Wan Jinjun, a 62-year-old retiree who has swum the Yangtze River almost every day for the past decade in Wuhan, said he’s never seen a drought like this before.
An extreme summer has taken a toll on Asia’s longest river, which flows about 3,900 miles (6,300 kilometers) through China and...
Jakarta: The joint combat exercise between Indonesia and US held this month has reminded China that it can’t afford to ignore Jakarta which is strategically critical to the Indo-Pacific region.Under the banners of 14 nations, the 16th annual Garuda Shield exercise, the cornerstone of the military partnership between the...
The United States has announced nearly $3bn in new military aid to Ukraine, with President Joe Biden saying the assistance aims to help the country defend against Russia’s invasion “over the long term” as the war entered its seventh month.
In a statement on Wednesday, as Ukraine marked its independence...
A team from the International Monetary Fund (IMF) will meet Sri Lanka’s president for talks to finalise a bailout package, including restructuring debt of about $29bn, amid the nation’s worst financial crisis in more than 70 years.
The second such IMF visit in three months comes on Wednesday as the...
Islamabad , August 24 (ANI): An Islamabad court on Wednesday rejected a request by the capital police for yet another extension of seven days in the physical remand of Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill, who was arrested in a sedition case filed.
The judgment came as the two-day physical...
Hong Kong: With no sincerity in its effort to reduce the emission of greenhouse gases, China, which is the biggest emitter of carbon dioxide, has now started deriding the landmark climate legislation of the United States signed into law by President Joe Biden in the third week of August,...
Beijing: A "severe" heatwave has gripped China and consequently, the drought is putting the autumn harvests at risk, Chinese state media reported.Economists are concerned about the impact of a lasting drought on autumn harvest, which accounts for 75 per cent of China's total grain output. The harvesting time is...
Beijing: Amid the worsening COVID-19 situation in China, local authorities have announced that mass testing will be conducted in Chongqing's central area from Wednesday.The announcement was made on Tuesday, China Daily reported. The southwestern municipality has over 32 million people in 38 districts and counties, and there are about...
Beijing , August 24 (ANI): Owing to the deep recession in China's property market, the inability of ailing property developers to convince homebuyers has left new cracks emerging in China's financial system, setting off fresh worries in Beijing and beyond.Thousands of homebuyers who have been waiting years for developers...
