Recently, the U. S. and the Philippines kicked off their annual joint military exercises, known as Kamandag, or Venom. This happened just after China held massive drills near Taiwan and a Chinese vessel collided with a Filipino patrol boat. Taiwan's defense ministry reported a record number of Chine
On Tuesday, Japan's military shared that the Chinese aircraft carrier, Liaoning, had moved away from Taiwan and was heading back to the South China Sea. The Liaoning had been taking part in major military exercises near Taiwan, which included simulated attacks on sea and land targets. It was spotted
China's economy grew by just 4. 6% in the third quarter, the second quarter in a row to miss the government's target of 5% growth for 2024. Weak consumer spending, a struggling property market, and slower industrial output are to blame. Retail sales grew by 3. 3%, down from 3. 7%, and industrial pro
Imagine a journey back in time to over 5, 000 years ago in central China. Archaeologists have stumbled upon an impressive tomb in the city of Yongcheng, Henan province. They believe this tomb might have belonged to an early king from a prehistoric society. The Wangzhuang ruins, where the tomb was fo
Imagine this: two Chinese coast guard ships set sail from Zhoushan, a city in China's eastern province of Zhejiang, on a 35-day mission with their Russian counterparts. They traveled over 17, 000 nautical miles, exploring the Bering Sea, Chukchi Sea, and even the Arctic Ocean. This wasn't just a cas
Once upon a time, a Chinese billionaire named Wang Jianlin had big plans for Hollywood. He bought AMC Theaters and even tried to purchase a major film studio, Paramount Pictures. Wang's company, Wanda Group, also snapped up Legendary Entertainment, the maker of hits like "Dune" and "Godzilla x Kong:
China has kicked off major military drills around Taiwan, calling it a “stern warning” against the island's independence push. Taiwan's Defense Ministry condemned the exercises as “unreasonable provocation.” The drills, dubbed Joint Sword-2024B, involve China’s army, navy, air force, and rocket forc
On Monday, Asian shares took an upward leap, with Chinese stocks soaring over 1% after the finance minister hinted at more economic support. While U.S. futures remained steady and oil prices dipped, investors worldwide held their breath for more details on China's new stimulus plan. Experts believe
China's Finance Minister, Lan Fo'an, recently suggested that there's room for more economic stimulus, but he didn't reveal any specific plans. This could mean new steps to boost the economy in the future, but what those might be is still a mystery. China's economy hasn't been doing great even after
Imagine the stock market as a rollercoaster. On Wednesday, the Chinese stock market took a big plunge, dropping over 7% in a single day. That's a lot! This sudden drop happened because investors are worried that Beijing's efforts to boost the economy won't be enough. They're looking for more action.
