China
Recent Highlights
All Stories for China

China halts key rare earth exports to Japan again as diplomatic tensions disrupt supply chains
Fp Business Desk •China exported no gallium, dysprosium, terbium or yttrium to Japan in June, extending critical mineral supply disruptions triggered by diplomatic tensions. The restrictions underscore Beijing's growing use of rare earth dominance as a geopolitical tool

Taiwan President says democracy is Taiwan's strength, rejects Beijing's sovereignty claims
Fp Staff •Taiwan President Lai Ching-te on Sunday said the island must remain united to protect its democracy and ensure it never becomes part of China, as he accused Beijing of stepping up pressure through legal, military and political means

China's anti-corruption drive reaches former Development Bank president
Fp Staff •China's anti-corruption watchdog has launched an investigation into Ouyang Weimin, the former president of the China Development Bank (CDB), over suspected serious disciplinary and legal violations

China's low-cost AI models are changing the global AI race. Here's why Silicon Valley is worried
Kshitiz Bhardwaj •As Chinese firms continue to improve performance while keeping prices low, the AI race is no longer just about building the smartest model—it is increasingly becoming a battle over who can deliver the best value

Libya joins China's payment system in a bid to reduce reliance on the US dollar
Fp Staff •The Governor of the Central Bank of Libya, Naji Mohammed Issa and the Governor of the People’s Bank of China, Pan Gongsheng, on Saturday agreed to connect Libyan commercial banks to China's payment and settlement system, in a bid to reduce reliance on the US dollar.

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost
Fp Staff •Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies

China landslide leaves eight dead as rescuers search for 34 missing in Chongqing
Fp Staff •A rain-triggered landslide in China's Chongqing has killed at least eight people, left 34 missing and prompted a large-scale rescue operation amid unstable weather conditions

India attends SCO border talks in Islamabad before Pakistan takes over chairmanship in September
Fp Staff •India participated in the SCO Heads of Border Services meeting in Islamabad, where member states reviewed joint border operations and approved plans for the 2026 exercise

US voices concern after Papua New Guinea orders closure of Taiwan office
Fp Staff •The US has expressed concern over Papua New Guinea's reported decision to close Taiwan's representative office, describing it as part of Beijing's campaign to pressure the island internationally

China sounds alarm over Bangladesh bride scams as cross-border trafficking concerns mount
Fp Staff •China's embassy in Bangladesh has warned citizens against using illegal matchmaking networks, citing a rise in cross-border marriage scams, trafficking risks and severe Bangladeshi penalties, including life imprisonment and even the death penalty.



