In a recent development, China has suspended a high-ranking military official, Admiral Miao Hua, who is part of the powerful Central Military Commission (CMC). He is under investigation for breaking the rules, a term often used to mean corruption. This comes as the leader, Xi Jinping, is pushing for
In an unexpected turn of events, the US has secured the release of three Americans who had been held captive in China for several years. The news broke earlier this week, with a spokesperson from the US National Security Council confirming the release of Mark Swidan, Kai Li, and John Leung. These Am
President Trump has a tough job ahead, especially when it comes to dealing with China. Recently, Chinese leader Xi Jinping said he wants to work with the new administration. But let's not forget, China's been up to some shady stuff, like cyberattacks on our telecoms and pushing around other countrie
In China, a tragic car attack in Zhuhai killed 35 people and hurt 43 more. This wasn't just a sad event; it was also a story that many Chinese people didn't get to hear because their government, the Chinese Communist Party (CCP), quickly hid it. They removed online posts, flowers, and even stopped f
China recently did something unusual. They sold $2 billion worth of bonds in Saudi Arabia. These bonds are special because they’re paid back in U. S. dollars. This seems like a simple financial move, but analysts think there might be more to it. First, let’s talk about interest rates. China got rat
Admiral Samuel Paparo, who heads the U. S. Indo-Pacific Command (INDOPACOM), recently warned about the potential for Russia to boost China's submarine technology, thereby challenging U. S. naval dominance in the region. During a security forum, Paparo expressed concerns about Russia sharing its adva
HSBC is optimistic about China's economic turnaround, thanks to recent government measures. Two stocks they're eyeing for 2025 are KE Holdings and Hongfa Technology. KE Holdings, a real estate player, might see a big boost if the property market rebounds. HSBC thinks its stocks could jump by over 70
Marriott International's CEO, Anthony Capuano, recently shared some good news. Despite laying off over 800 corporate workers, he believes the company's business is solid. The hotel chain's growth is looking up, with a 3% increase in worldwide revenue per available room (RevPar) in the third quarter.
As the United States prepares to welcome a new president, global leaders are looking for stability in their relationships with China. The outgoing US President, Joe Biden, has pledged not to let competition with China turn into conflict, while the incoming President, Donald Trump, has promised a mor
You might have heard that China has a big plan. They’re thinking about giving local governments some cash early for big projects. This money comes in the form of special bonds. Normally, the government decides how much debt these local folks can take on in the fourth quarter. But this time, they mig
