China’s leadership has presented a broad policy roadmap outlining the country’s economic, technological and strategic priorities for the coming years as lawmakers gathered for the annual session of the National People’s Congress in Beijing. The policy framework sets out targets for economic growth,
China has announced a seven percent increase in defence spending for 2026 as the country continues its long term effort to modernise the military and strengthen national security capabilities. The increase was outlined during the annual parliamentary session where Chinese leaders presented the
The United States is preparing to raise its temporary global import tariff rate to 15 percent from the current 10 percent, according to comments from Treasury Secretary Scott Bessent. The adjustment is expected to take effect soon as the government restructures its broader
China announced plans to send a special diplomatic envoy to the Middle East as the country increases its efforts to support mediation and reduce tensions in the region. The move reflects Beijing’s growing role in global diplomacy as conflicts in the Middle East
Airline ticket prices between Asia and Europe have surged sharply following the closure of major Gulf aviation hubs amid escalating conflict in the Middle East. With key transit airports suspended for several consecutive days, seat capacity on heavily traveled routes has tightened, leaving
Global oil and liquefied natural gas shipping costs have surged to record levels as escalating conflict between the United States and Iran disrupts vessel traffic through the Strait of Hormuz, a critical artery for global energy supplies. Industry data shows that freight rates
Preparations for a potential summit between US President Donald Trump and Chinese President Xi Jinping are reportedly facing delays and coordination gaps, raising uncertainty in Beijing less than six weeks before the expected meeting. Analysts and former officials familiar with bilateral planning say
China is reshaping how it evaluates local government officials, signaling a shift away from a narrow focus on headline GDP growth toward broader development goals tied to social stability, consumption and long term economic resilience. The move comes ahead of the country’s annual
The United States International Trade Commission has launched a formal investigation into the potential economic impact of revoking China’s Permanent Normal Trade Relations status, a move that could significantly raise tariffs on Chinese imports and reshape bilateral trade flows. The probe was mandated
Contract manufacturer Flex has moved India’s Supreme Court to overturn a tax tribunal ruling linked to a royalty dispute involving Chinese smartphone maker Xiaomi, according to recent court filings. The case is emerging as a closely watched test of India’s legal and regulatory
