April 25, 2024 10:39 AM

China should have confidence to talk to us, Taiwan’s president-elect says

China should have the confidence to talk to Taiwan's legally elected government, President-elect Lai Ching-te said on Thursday as he appointed his new national security and diplomacy team amid what he called unprecedented challenges. China, which views democratically governed Taiwan as its own territory, over the island's strong objections, has ramped up military and political pressure against Taipei during the past four years as it seeks to press sovereignty claims. Lai, who won election in J...

April 24, 2024 12:59 PM

Taiwan happy with US aid package, China objects to arms sales

Taiwan President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a sweeping foreign aid package which includes arms support for the island, as China urged Washington to stop selling weapons to Taipei. The United States is Taiwan's most important international backer and arms supplier even in the absence of formal diplomatic ties. China, which views Taiwan as its own territory, has repeatedly demanded arms sales stop. The Senate approved by 79 to 18 four bills passed b...

April 23, 2024 3:37 PM

China’s foreign ministry rejects German espionage as ‘hype’

China’s foreign ministry on Monday (April 23) called for Germany to stop its 'Cold War' mentality after reports that Germany arrested a EU parliamentary staffer on espionage for China charges.   "The intention of this kind of hype is very obvious, that is, to discredit and suppress China and destroy the atmosphere of cooperation between China and Europe," said foreign ministry spokesperson Wang Wenbin, as he acknowledged the reports, during a regular briefing in Beijing.   Wang also call...

April 22, 2024 10:28 PM

Floods swamp southern China, spark extreme weather fears

Floods swamped cities in southern China's densely populated Pearl River Delta following record-breaking rains, sparking worries about the region's defences against bigger deluges induced by extreme weather events. The province once dubbed the "factory floor of the world" is prone to summer floods. Its defences against disruptive floods were severely tested in June 2022 when Guangdong was pounded by the heaviest downpours in six decades. Hundreds of thousands of people were evacuated. Since Thu...

April 18, 2024 4:53 PM

China foreign minister says Beijing and Jakarta want regional peace and stability

China and Indonesia have pledged to strengthen economic ties and maintain peace and stability in the region, China's Foreign Minister Wang Yi said on Thursday after a meeting with his Indonesian counterpart, Retno Marsudi, in Jakarta. Wang also called for all parties in the Gaza conflict to exercise restraint, and said the United States should support a United Nations resolution for a ceasefire in Gaza. "Both ministers expressed resentment over the humanitarian disaster due to the Palestine-Is...

April 16, 2024 9:48 AM

China’s economy grew 5.3% in first quarter year-on-year, well above forecast

China's economy grew 5.3% in the first quarter year-on-year, official data showed on Tuesday, comfortably beating analysts' expectations- a welcome sign for policymakers as they try to shore up demand and confidence in the face of a protracted property crisis. Analysts polled by Reuters had expected first-quarter gross domestic product (GDP) to expand 4.6% from a year earlier, compared to 5.2% in the previous three months. The government is aiming for economic growth of around 5.0% for 2024, a ...

April 13, 2024 2:52 PM

US, Japan, Philippines trilateral deal to change dynamic in South China Sea, Marcos says

A cooperation agreement by the Philippines, the United States and Japan will change the dynamic in the South China Sea and the region, Philippine President Ferdinand Marcos Jr. said on Friday, while seeking to assure China it was not a target. "I think the trilateral agreement is extremely important," Marcos told a press conference in Washington a day after meeting President Joe Biden and Japanese Prime Minister Fumio Kishida in the nations' first trilateral summit. "It is going to change the ...

April 10, 2024 12:12 PM

Fitch cuts China’s ratings outlook on growth risks

Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models. The downgrade follows a similar move by Moody's in December and comes as Beijing ratchets up efforts to spur a feeble post-COVID recovery in the world's second-largest economy with fiscal and monetary support. "Fitch’s outlook revision reflects the more challenging situation in China’s public financ...

April 8, 2024 10:59 AM

Philippines will continue dialogue with China to ease South China Sea tensions, says president

Philippines' President Ferdinand Marcos Jr. on Monday called on China to talk to prevent more incidents like ramming vessels and the use of water cannons in the South China Sea. The Philippines continues to talk with China, and is exhausting all options to speak to Chinese leadership so as not to heat up tensions in the waterway, Marcos said. He added he hopes the recently concluded joint maritime activity with Japan, Australia, and the United States will reduce incidents at sea with China. D...

September 16, 2024 4:50 PM

Philippines ready to counter China’s re-supply interference

The Philippines is prepared to respond to China's attempts to disrupt its supply missions in the South China Sea and protect its troops stationed in the waterway, a top security official said on Wednesday. Jonathan Malaya, the spokesperson of the National Security Council, said the Philippines is committed to maintaining its position at the Second Thomas Shoal and there will be no let up in re-supply missions to Filipino soldiers on a grounded warship there. "Our commitment to maintain BRP Sie...