China’s rural banking system is increasingly exposed to the prolonged property downturn as lenders struggle to dispose of foreclosed real estate despite steep price reductions. Across less developed regions, banks have accumulated large inventories of seized residential and commercial properties following loan defaults
General Motors is moving production of its Buick Envision sport utility vehicle from China to the United States, marking a shift in how the automaker manages trade exposure and manufacturing geography. The Envision has been produced in China and exported to the US
China has begun construction on the southern section of a major ultra high voltage power transmission corridor designed to move renewable electricity from the Tibetan Plateau to industrial centres along the southern coast. The project links energy generation bases in western China with
Blockchain development in China is increasingly defined by its role inside administrative and enterprise systems rather than by consumer facing financial applications. While early discussions often linked blockchain to digital currencies and speculative activity, current implementation patterns reveal a far more institutional direction
China’s digital yuan is entering a more defined and pragmatic phase in 2026. After years of pilot programs and public testing, its development path is becoming clearer. Rather than competing directly with existing consumer payment platforms, the digital yuan is being shaped as
The United States’ latest move to impose secondary tariffs on countries trading with Iran is expected to raise China’s oil import costs in the short term and force Beijing to reassess how it manages one of its most sensitive overseas economic relationships. Analysts
The United States has unveiled a new military strategy aimed at securing what it calls overwhelming dominance in artificial intelligence, as Washington seeks to stay ahead of China in the accelerating race to apply AI to warfare and defence planning. Senior US defence
Taiwan has begun early-stage joint production of 155mm artillery shells with the United States, marking a significant step in efforts to strengthen ammunition resilience amid fears of a potential blockade or high-intensity conflict with China. The move reflects growing concern in Taipei about
Two China-flagged supertankers sailing toward Venezuela to load crude oil have abruptly reversed course and headed back to Asia, raising fresh doubts over whether the South American producer will resume large-scale direct exports to its main buyer any time soon. The movements, revealed
Nearly a decade after his death, Muhammad Ali’s legacy is being formally honoured by the United States with the release of a commemorative postage stamp, turning one of the boxing legend’s most famous jokes into reality. Ali once quipped that becoming a stamp
