US attack on Venezuela to encourage China’s territorial claims, Taiwan attack unlikely, analysts say

US attack on Venezuela to encourage China’s territorial claims, Taiwan attack unlikely, analysts say

By Brenda Goh and Laurie Chen SHANGHAI/BEIJING, Jan 4 (Reuters) – A U.S. attack on Venezuela will encourage China to strengthen its territorial claims over areas such as Taiwan and parts of the South China Sea, but will not hasten any potential invasion of Taiwan, analysts said. Chinese President Xi Jinping’s views on Taiwan and … Read more

Pacifist Japan slowly turned from exclusive self-defense to military consolidation

Pacifist Japan slowly turned from exclusive self-defense to military consolidation

TOKYO (AP) — Japan is continuing efforts to significantly boost its military capabilities to counter growing threats from China by doubling its annual arms spending. The goal comes as Tokyo’s main ally, the United States, pushes for more military assistance in Asia and an ultra-conservative military hawk takes over Japan. Japan says it is still … Read more

China imposes 50% domestic equipment rules on chip makers, sources say

China imposes 50% domestic equipment rules on chip makers, sources say

SINGAPORE, Dec 30 (Reuters) – China is requiring chipmakers to use at least 50 percent domestically-made equipment to add new capacity, three people familiar with the matter said, as Beijing seeks to build a self-sufficient semiconductor supply chain. The rule is not publicly documented, but chipmakers seeking state approval to build or expand factories have … Read more

China threatens detention in Xinjiang over banned Uighur songs

China threatens detention in Xinjiang over banned Uighur songs

TAIPEI, Taiwan (AP) — It’s a soulful folk song, full of feeling and history: A young man in love tells God about his hopes and dreams of happiness. Generations of Uighurs, the ethnic Turkic minority in China’s Xinjiang region, have played it at parties and weddings. But today, if they download, play or share it … Read more

How Algeria could help China offset iron ore gaps and gain pricing power

How Algeria could help China offset iron ore gaps and gain pricing power

In the heart of Algeria’s Sahara desert, Chinese state-owned giant China Railway Construction Corporation (CRCC) has completed track laying on the PK330 bridge, a final and critical link in a new railway designed to unlock the nation’s mineral wealth. The 6 km (3.7 mi) bridge is part of the 950 km railway linking the Gara … Read more

Japan’s cabinet approves record defense budget aimed at deterring China

Japan’s cabinet approves record defense budget aimed at deterring China

TOKYO (AP) — Japan’s cabinet on Friday approved a record defense budget plan of more than 9 trillion yen ($58 billion) for next year that aims to bolster its strike-back capability and coastal defenses with cruise missiles and unmanned arsenals as tensions rise in the region. The draft budget for fiscal year 2026, as of … Read more

China’s electric vehicle influence is spreading almost everywhere – except the US and Canada

China’s electric vehicle influence is spreading almost everywhere – except the US and Canada

STR/AFP via Getty Images” loading=”eager” height=”640″ width=”960″ class=”yf-lglytj loader”/> BYD electric cars are waiting at a Chinese port to be loaded onto the BYD car carrier Shenzhen, which was to sail to Brazil. STR/AFP via Getty Images In 2025, 1 in 4 new car sales globally is expected to be an electric vehicle – either … Read more

Global investors turn to Chinese AI as Wall Street fears a bubble

Global investors turn to Chinese AI as Wall Street fears a bubble

HONG KONG/NEW YORK, Dec 23 (Reuters) – Global investors are increasing their bets on Chinese artificial intelligence companies, betting on the next DeepSeek and looking to diversify, as concerns grow about a speculative bubble in the sector on Wall Street. Demand for China’s AI companies is also being boosted by Beijing’s push for technological independence. … Read more

Putin’s “dear friend” Xi is hurting Russia’s economy

Putin’s “dear friend” Xi is hurting Russia’s economy

When Vladimir Putin made a four-day trip to visit Xi Jinping in September, he addressed his Chinese counterpart as “dear friend”. Speaking to Xi at a vast orchid exhibition in Beijing’s Great Hall of the People, the Russian president claimed their ties were “at an unprecedented level”. Certainly, on the surface, it appears that China’s … Read more

Analysis-China’s energy reforms, building of global data centers marked the battery boom

Analysis-China’s energy reforms, building of global data centers marked the battery boom

By Colleen Howe BEIJING, Dec 22 (Reuters) – An upgrade to China’s electricity market is boosting the economy of energy storage just as international demand is rising, sparking a boom for Chinese energy storage makers that already dominate globally. According to one estimate, Chinese firms are on track to grow 75% this year in global … Read more