Chinese jets and warships carried out exercises near Taiwan and into the Western Pacific on Thursday, as the self-ruled island's defense minister warned of a growing threat from its giant neighbor.
China plans to bolster its defenses in cyberspace while keeping a close eye on the U.S. government’s review of its own strengths, a senior foreign ministry official said on Thursday.
Since the election of Donald Trump, the relationship between Washington and Beijing has appeared strained. Despite diplomatic efforts to bridge the gap, China and the United States are at loggerheads over a variety of issues, including trade and territorial disputes in the South China Sea
Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalization. The “Ruta de la Plata,” or “Silver Way,” catalyzed economic and cultural exchange, built the foundations for the first global currency, and led to the rise of the first “world city.” And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalization. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today. —Penguin China
Ma. Isabel Ongpin, The Manila Times (February 24, 2017)
China is in the midst of what it calls a “people's war on terror” in its far west. What sparked this latest campaign was a knife attack.
For the past three years, China has allowed its currency, the renminbi, to weaken in value compared with the American dollar. Yet the renminbi’s slide has provided only a marginal benefit.
China has launched a Donald Trump-style attack on foreign media, branding claims that a leading human rights lawyer was tortured by government agents “fake news.”
China’s “two sessions” kicks off this week, bringing together all of the movers and shakers from the top echelons of government for the nation’s two big annual political shindigs.
Wang Wei, chairman of SF Holding—the FedEx of China—has seen his fortune grow to around $27 billion, according to a Forbes estimate.
At $9.8 million, the recently built property is a relative bargain. A similar-sized home in Beijing would cost twice as much. Yet two months after it was placed on the market, the house remains unsold. Not long ago, real estate like this would have been snapped up almost immediately.
