The People’s Bank of China (PBOC) held the interest rate on the one-year medium-term lending facility (MLF) steady at 2 per cent, according to a statement on Dec 25. Nine out of the 10 economists surveyed by Bloomberg forecast no change. The rate was last cut in September by 30 basis points.
Defence ministry in Beijing issues warning after US Space Force extended its operations to Japan for the first time this month.
Manila, Philippines - Amid escalating tensions in the South China Sea, the Philippines and Vietnam are intensifying their defence modernization efforts, reflecting a robust response to perceived Chinese aggression in the region.
China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing.
China's foreign ministry on Thursday urged the Philippines to return to "peaceful development", saying Manila's decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks of an arms race in the region.
Rooted in thousands of years of philosophy, the idea of "Hehe" serves as a guiding principle for living in harmony with others, nature and oneself. In a broader context, the concept of "Hehe" has significant relevance to the world today,
Express deliveries, putting your military status on dating apps, and suspicious pens could all hold dangers for national security, China said in 2024.
Major U.S. law firms scaled back from Greater China's legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world's second largest economy.
There have been at least 20 such attacks in China this year, with a death toll of more than 90 people. Government officials have called these incidents “isolated” and offered explanations emphasizing individual motivations: the driver in the Zhuhai car attack was unhappy with his divorce settlement,
Several Chinese online travel platforms are reporting an increase in searches for Japanese tourist destination as much as threefold as the two countries vowed to further facilitate cross-border travel.
The defence ministry has said the “overall situation” along the Line of Actual Control (LAC) with China is “stable but sensitive”, with the latest assessment coming in a year-end review published on Thursday,