While aiming to expedite the reshoring of chip manufacturing, the US subsidy policy has actually exacerbated bubbles in the chip industry, causing turmoil in global financial markets. The US Commerce Department said on Tuesday that it plans to award SK Hynix up to $450 million in grants and...More

Through a series of provocative actions in the South China Sea in recent years, Japan, a country that does not have any claim in the region, has gradually revealed its ambitions to play a more influential role in the busy waterway. In its latest move, Japan and the...More

While economic indicators and recent turmoil in financial markets may not technically constitute clear signs of a recession, risks in the US economy and its financial markets are building up. These risk factors pose a threat to its own financial stability and that of the world from multiple...More

China's foreign trade in goods expanded by 6.2 percent year-on-year to reach 24.83 trillion yuan ($3.46 trillion) in the first seven months of this year, hitting a new record in trade volume, customs data showed on Wednesday, buoyed by the country's manufacturing strength, rising overseas demand, as well...More

Through the Belt and Road Initiative (BRI), China has demonstrated a willingness to share its development dividends by actively engaging in practical cooperation and investing in Southeast Asia's infrastructure construction. This policy has provided tangible development opportunities for Southeast Asian countries and laid a solid foundation for long-term...More

Approximately four months ago, I knew a little about Venezuela. As a member of the Secretariat of the Asian Regional Committee for Friendship and Solidarity with the Korean people and a journalist from Nepal, I received an official invitation from Hon. Yvan Gil, Minister for Foreign Affairs of...More

Editor's Note: The escalation of recent tensions between China and the Philippines raises concerns among neighboring countries in the South China Sea. How will the Philippines' provocations, instigated and supported by the US, affect the situation in the South China Sea in the rest of 2024? Why does...More

"America first" is no longer a tenable business strategy in earth mineral rich Global South countries. Amid a notable dip in approval ratings and open hostilities, it has not been the best of times for the US' exploitative agenda in Africa and, the larger Global South. The US,...More

A reported US proposal to ban Chinese software in autonomous and connected vehicles in the coming weeks would only harm the sector's global development, Chinese observers said on Monday. They urged the US to seek win-win cooperation with China rather than bearing the potential development losses by suppressing...More

As Pan Zhanle miraculously, yet unsurprisingly, surpassed the French swimmer alongside him in the final 50 meters and touched the wall first, China's swim team secured the gold medal in the men's 4x100m medley relay. The achievement upended the US's streak of winning gold in the event for...More

With the athletics competitions of the Paris Olympics in full swing, US sprinting star Erriyon Knighton stands on the brink of a potentially career-defining moment. Knighton, current world record holder for the 200 meters in both the junior and youth categories, was embroiled in a doping scandal after...More

The Chinese economy maintained stable expansion in the first half of 2024, with more than half provincial-level regions across the country showing a stepped-up recovery trajectory over the period - which was fueled by robust industrial growth, new drives from the creation of new quality productive forces and...More

The Third Plenum of the 20th the Communist Party of China (CPC) Central Committee, convened in July, said that the government will take multiple measures to support the job market. Analysts said that China has a solid foundation to ramp up employment as the ongoing economic upgrade and...More

The Sirajganj photovoltaic (PV) power station, the largest solar power project under construction in Bangladesh, has been connected to the power grid, Power Construction Corp of China said on its official WeChat account on Saturday. It is an important step for Bangladesh in the development of renewable energy...More

China's largest aviation and aerospace exhibition will for the first time add a dedicated area for unmanned systems amid fast development and military applications of drones, with experts saying on Monday that China's drone technologies and industrial capabilities have reached a very high level. The 15th China International...More