President Joe Biden warned on Thursday that “any attack” on Philippine vessels in the South China Sea would “invoke our mutual defense treaty.” Speaking during a meeting with Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida at the White
China has has its credit rating downgraded after a major ratings agency warned it faces possible uncertainty as it attempts to move away from a reliance on property. US-based Fitch says the sovereign credit rating of China has been moved from “stable”
China’s economy is “imploding” and this could have huge repercussions around the globe, an expert has warned. Uday Kotak, the founder of Kotak Mahindra Bank, says this will have an especially salient impact on the US economy ahead of this year’s election.
China is to blame for fake Royal Mail stamps flooding the market in a move branded an act of “economic warfare”, akin to “counterfeiting money”. Royal Mail believes sheets of its genuine stamps have been sent to the country, where they are
In a significant blow to China’s economic prospects, Fitch Ratings has downgraded the country’s outlook to negative, citing concerns over soaring debt levels – which have hit a mind-boggling £442bn. The move comes amid China’s ongoing struggle to revive its economy, which
FBI Director Christopher Wray has warned that China is the “defining threat of our generation” as he reiterated serious concerns over the country’s cyber and physical threats toward the US. Wray has consistently highlighted these concerns for months, both through personal statements
The US military and its “critical installations” are being put “at risk” by Chinese nationals freely entering US territories, sometimes illegally, it has been claimed. The Joe Biden administration has come under fire from more than two dozen members of Congress, who
In a move described as a response to a “dangerous” warning on the economy, the European Union has initiated a significant crackdown on Chinese state subsidies, particularly focusing on the wind turbine industry. The European Commission has launched an investigation into Chinese
China and Russia are increasingly playing a dominant role in the Middle Eastern and North African region more than ten years ago, surpassing geo-political rival the United States’s influence in the region, according to a poll. The survey, conducted by independent news
Taiwan’s annual war game exercises this year will feature simulating a scenario in which China turns one of its frequent military drills around the island into an actual attack, a report says. Tung Chih-hsing, the head of the joint combat planning department