Page 11 - China

Japan slips to world's third largest creditor behind Germany and China

Japan's net external assets rose to an all-time high of ¥561.8 trillion ($3.5 trillion) at the end of 2025, but despite the increase, the total was surpassed by China

Taiwan, Chinese coast guards in maritime standoff at South China Sea

Taiwan and Chinese coast guards exchanged warnings near the Pratas Islands amid rising tensions in the South China Sea

China's DeepSeek makes permanent 75% cut in V4-Pro AI model prices

DeepSeek did not disclose ​whether the permanent price cut was due to increased ​supply of Huawei's Ascend 950 chips, which it used to maximize V4's performance

Gas explosion at coal mine in China kills 82 workers, dozens still trapped

A gas explosion at a coal mine in China's northern province of Shanxi killed at least eight people and trapped 38 underground, state media reported Saturday. The accident at Changzhi city's Liushenyu coal mine happened Friday evening, according to official news agency Xinhua, which reported around 247 workers were underground at the time. As of early Saturday, 201 had been brought safely to the surface. The cause of the explosion was under investigation, Xinhua reported. Chinese President Xi Jinping has called for an all-out effort to rescue the missing and an investigation of the accident's cause while holding those responsible accountable, according to Xinhua. Shanxi province is known as China's main coal mining province. With a size larger than Greece and a population of around 34 million, the province's hundreds of thousands of miners dug 1.3 billion tons (1.17 billion metric tons) of coal last year, or almost a third of China's total.

Xi, Putin oppose US-Israel war on Iran, call it a threat to global trade

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin expressed their opposition to the US-Israeli war on Iran on Wednesday, while warning that restrictions on shipping imposed by "individual states" threatened global trade, in a veiled reference to Tehran, which has blocked shipping in the Strait of Hormuz. The US and Israeli strikes against Iran are illegal and seriously undermine stability in the Middle East, said a joint statement issued at the end of their day-long talks here. It also criticised US President Donald Trump's Golden Dome shield defence plan. The implementation of the Golden Dome project a multilayer missile defence system initiated by Trump - would have "serious negative consequences for international security", according to the joint statement released by the Kremlin. Putin's visit to Beijing followed days after Trump's tour here during which the Iran war, opening of the Strait of Hormuz by Iran dominated their talks. Both China and Russia ar

Xi Jinping, Putin praise ties but see no energy headway at Beijing talks

President Xi Jinping welcomed President Vladimir Putin with an honour guard and a gun salute at the Great Hall of the People, as children waved Chinese and Russian flags

Two supertankers exit Strait of Hormuz with 6 million barrels of crude oil

The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to use

Why Reliance is turning to China for its battery storage push

Reliance Industries Ltd. is in talks with Chinese battery giant CATL and other global suppliers to procure parts for battery energy storage systems

Xi calls for immediate end to West Asia hostilities during talks with Putin

Chinese President Xi Jinping on Wednesday called for an immediate end to hostilities in West Asia, saying the situation had reached a "critical juncture", as he held talks with his Russian counterpart Vladimir Putin here amid escalating regional tensions. Welcoming Putin at the Great Hall of the People, Xi said renewed fighting in the Gulf and the wider West Asia must be avoided and stressed that negotiations should continue. An early end to the conflict will help ease disruptions to energy supplies, industrial and supply chains, and the international trade order, the Chinese president said. The talks between Xi and Putin came days after US President Donald Trump visited China from May 14-15 and held extensive discussions with the Chinese leader on the Iran-Israel conflict, the Strait of Hormuz and bilateral trade frictions. The meeting is being closely watched as both China and Russia are key strategic partners of Iran with close economic and military ties to Tehran and could ...

Xi Jinping, Putin hold bilateral talks in Beijing days after Trump's visit

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin held wide-ranging talks here on Wednesday on bilateral ties and key global issues, including Iran, the Ukraine war, and trade. Their talks assumed significance as the two leaders met days after US President Donald Trump visited Beijing from May 14-15 and held extensive discussions with Xi on issues ranging from Iran and the Ukraine war to bilateral trade frictions and regional developments. Ahead of the talks at the Great Hall of the People, Putin was accorded a ceremonial welcome by Xi. The ceremonial welcome was followed by bilateral talks. Putin, who arrived here on Tuesday night, was received by Chinese Foreign Minister Wang Yi. In a video address on Tuesday delivered before his visit, Putin said Russia-China relations had reached "a truly unprecedented level". He said regular top-level exchanges between the two countries formed an integral part of efforts to deepen bilateral ties and unlock their "limitl

Financing India's growth story needs new institutional investment vehicles

Four institutional initiatives could materially accelerate the investment surge needed for the next phase of growth

Putin heads to China days after Trump's visit as Beijing balances ties

Russian President Vladimir Putin is travelling to China to meet with Chinese leader Xi Jinping less than a week after US President Donald Trump wrapped up his own trip to Beijing. Putin is scheduled to be in China on Tuesday and Wednesday in a visit likely to be closely watched as Beijing seeks to maintain stable relations with the United States while also preserving strong ties with Russia. The Kremlin has said Putin and Xi plan to discuss economic cooperation between the two countries, but also "key international and regional issues". The visit coincides with the 25th anniversary of the Sino-Russian Treaty of Friendship signed in 2001. "The Trump visit was about stabilising the world's most important bilateral relationship; the Putin visit is about reassuring a long-standing strategic partner," said Wang Zichen, deputy secretary-general for the Beijing-based think tank Centre for China & Globalisation. "For China, these two tracks are not mutually exclusive." Putin last visited .

India, China reaffirm commitment to 'stable and predictable' bilateral ties

Earlier on May 15, Chinese ambassador to India, Xu Feihong, congratulated India over the 'successful' Brics Foreign Ministers' Meeting held in New Delhi from May 14 to 15

Philippines to be involved in any Taiwan conflict due to proximity: Marcos

Philippines, which has a territorial dispute with Beijing over the South China Sea, is increasing its engagement with China to help maintain peace, Marcos said

China's economic slowdown revives calls for stronger stimulus measures

Weak retail sales, industrial output and investment data raise pressure on Beijing to step up policy support amid global energy turmoil

5.2 magnitude quake in south China kills 2, damages buildings in Guangxi

A 5.2 magnitude earthquake struck south China's Guangxi region early Monday, killing two people, toppling buildings and triggering the evacuations of thousands, state media reported. Four others were injured, while more than 7,000 residents were evacuated from Liuzhou city. The search for several missing residents wrapped up around midday Monday, after the last trapped person, a 91-year-old man, was found alive in good condition, authorities said. Images aired by state broadcaster CCTV showed excavators clearing debris. At least 13 buildings collapsed, while landslides triggered by the quake blocked roads to the area, according to CCTV. Train services around Liuzhou were cancelled or delayed. Earthquakes occasionally strike south China, with more intense ones usually occurring toward the mountainous west or the east, toward Taiwan. The most devastating recent earthquake with a magnitude of 7.9 occurred in the southwestern Sichuan province in 2008, leaving more than 87,000 dead or

China committed to US on not providing material support to Iran: USTR

US Trade Representative Jamieson Greer has said that President Donald Trump secured a commitment from China not to "provide material support to Iran." In an interview with ABC News on Sunday, Greer explained that the United States did not ask China for direct assistance in reopening the Strait of Hormuz. "When the president went in, he did not go in asking them to take action in the Straits of Hormuz. He was very focused on making sure that they didn't provide material support to Iran. That's a commitment he obtained and confirmed," Greer said on ABC News' "This Week." Greer noted that China has "a clear interest" in reopening the strait but does not want to get involved directly. "The president isn't seeking to have joint military operations with the Chinese. I don't think the American presidents have ever done that," Greer said. "But obviously we want to make sure that they're not getting in the way of anything we're doing to try to clarify that situation," he said. While the U

India's fertiliser imports from China jump 173% in FY26, shows data

Russia retained its position as the top source of India's fertiliser imports. It accounted for 6.8 million tonnes of imports, as against 4.9 million tonnes in FY25

US to mull action if China overcapacity found, says trade envoy Greer

Trade was a focus when Chinese President Xi Jinping hosted Trump for a summit last week, though both sides have released limited details on deals and Trump said tariffs weren't discussed