Xi Jinping-Joe Biden

Xi Jinping Presses Biden to Adjust U.S. Stance on Taiwan Independence

During a critical diplomatic exchange last year near San Francisco, Chinese President Xi Jinping pressed U.S. President Joe Biden to make a key change to the language the United States uses to express its stance on Taiwan’s independence. According to...
Crude Oil

Oil Prices Rebound After Plunge, Buoyed by U.S. Strategic Petroleum Reserve Plan Amid Middle East Uncertainty

Oil prices saw a moderate uptick on Tuesday following a dramatic drop on Monday, with Brent crude futures increasing by 0.6% to $71.86 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by 0.7% to $67.83. The bounce was...
Japanese Yen

Yen Stumbles as Japanese Political Landscape Shifts; Dollar Holds Steady Amid Economic Anticipation in U.S.

The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
China coast guard, South China Sea

China Claims Underwater Espionage Devices Detected, Escalating Tensions in South China Sea

China’s Ministry of State Security announced on Tuesday that it had successfully retrieved various spying devices from both the ocean surface and the deep sea, including sophisticated underwater “lighthouses” allegedly used to facilitate foreign submarine navigation. The ministry’s report underscores...
China PLA Navy Type 055 destroyer and a Type 052D destroyer visited Port Vila in Vanuatu.

China’s Bold Advance into Pacific Island Countries: Chinese Naval 3,700 KM Off Australian Coastline; Canberra, Washington Express Rising Security Concerns

In a clear display of expanding influence, China has stirred up debate across the Pacific by docking two warships at Port Vila, Vanuatu, a region traditionally under the strong influence of Australia and the United States. The images of China’s...
Philippines Defence Secretary Gilberto Teodoro

Philippines Confident in U.S. Policy Stability Post-Election, Focuses on Defense Strengthening Amid South China Sea Tensions

As the U.S. presidential election draws near, the Philippines has expressed confidence that U.S. policies in the Asia-Pacific region will remain steady, regardless of the election’s outcome, according to the Philippines’ Defence Secretary, Gilberto Teodoro. Amid increasing tensions in the...
PetroChina

PetroChina to Close Dalian Refinery Amid Industry Shift and Safety Concerns

In a landmark move for China’s state-run oil industry, PetroChina is preparing to shutter its largest oil refinery in northern China, located in Dalian, around mid-2025. The Dalian Petrochemical refinery, which boasts a processing capacity of 410,000 barrels per day...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

China Loosens Grip on Private Tutoring as Economic Pressures Mount

China’s private tutoring industry is experiencing a quiet but clear resurgence following three years of regulatory pressure, as authorities pivot subtly towards supporting economic growth and job creation. Although no official statements have been issued, industry experts and insiders report...
China central bank

China’s Central Bank Broadens Monetary Policy Tools Amid Economic Challenges

China’s People’s Bank of China (PBOC) is adapting its monetary policy approach, introducing new methods to stabilize financial markets and enhance economic control as the nation navigates various economic pressures. In a recent move to boost liquidity management, the PBOC...
Chinese Hypersonic Missile

United States Considers Deploying Patriot Interceptors to Counter Chinese Hypersonic Missile Threats in the Pacific

In the Indo-Pacific region, the United States is considering equipping its naval ships with Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors to counter potential Chinese hypersonic missile threats. According to recent reports, unnamed senior defense officials indicated that...
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