China’s Yuan falls to lowest level since 2008 global financial crisis
01 October 2022 | 1:45 pm
Like many other world currencies, China's onshore and offshore Yuan both fell against the dollar on Wednesday, increasing the pressure on the People's Bank of China to intervene directly.
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At the annual parliamentary meet, Chinese President Xi Jinping announced he would focus on developing security. He also announced an economic growth target of 5%, the lowest in decades.
The second day of Chinese President Xi Jinping's visit to Moscow saw the two leaders continue high-level talks. Xi has also invited Putin to visit Beijing this year.
China's show of solidarity with Russia displeased officials in Brussels, where concerns are growing that Beijing is considering supplying arms to Moscow. But for now there is no real desire to decouple from China.
Three decades after China enshrined the goal of a "socialist market economy" in its constitution, the era of "reform and opening up" appears to have ended, say experts.
Remote islands in Japan's Okinawa prefecture have begun evacuation drills amid worries that China could attack Taiwan. But experts say the task may be much harder than it appears.
Tsai Ing-wen's meeting with Kevin McCarthy on April 5 would be the first meeting between a US House speaker and a Taiwanese president on US soil. China has called the planned meeting a provocation.
Former Taiwanese President Ma Ying-jeou is breaking new ground by visiting mainland China. Experts say his Kuomintang party would like to be seen as playing a peacemaking role, as Taiwan prepares for elections.
This week, former Taiwanese president Ma Ying-jeou was on a trip through China as a private citizen, at the same time that Taiwan's current president, Tsai Ing-wen, was in the United States. Tsai's unofficial visit sparked diplomatic anger from Beijing, which considers the self-ruled, democratic island as part of its territory. We take a closer look.
Japan's foreign minister met his Chinese counterpart in Beijing and openly talked about disputes between their countries. The two Asian powers are seeking common ground amid rising tensions in the region.
Taiwan's President Tsai is set to meet US House Speaker Kevin McCarthy. Beijing said that the Republican leader should avoid repeating "disastrous" past mistakes.
French President Emmanuel Macron, accompanied by EU's Ursula von der Leyen, is traveling to China in hopes of dissuading Beijing from backing Russia's invasion of Ukraine. Tough trade talks are also expected.
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