More than three decades after the collapse of the Soviet Union, the Communist Party of China retains a firm grip on power. The powerful and feared organization has ruled the nation — home to close to one-fifth of the world’s population — for 75 years, surpassing the 74-year Soviet era in Russia. The party survived…
The U.S. Drug Enforcement Administration is shutting down two of its hard-won offices in China, The Associated Press has learned, a move that comes even as the agency struggles to disrupt the flow of precursor chemicals from the country that have fueled a fentanyl epidemic blamed for the deaths of hundreds of thousands of Americans….
HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande. The punishment is the heaviest yet for international accounting firms operating in China. PwC will be banned from signing off…
WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world’s superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions…
PHNOM PENH, Cambodia (AP) — Cambodia’s Defense Ministry said Wednesday that China is giving its navy two warships of the type it has had docked for months at a strategically important base being expanded with Beijing’s funding, which has raised concerns of China establishing a permanent naval presence on the Gulf of Thailand. Ministry spokeswoman…