China’s military firms struggle as corruption purge bites

    China’s military firms struggle as corruption purge bites

    Revenues of China’s top military firms fell 10% last year. (EPA Images pic) HONG KONG: Revenues at China’s giant military firms fell last year as corruption purges slowed arms contracts and procurement, according to a study released today by a leading conflict think tank. The Chinese declines contrast with strong revenue growth globally for big…

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    Xi calls for community with shared future when meeting Thailand's king

    Xi calls for community with shared future when meeting Thailand’s king

    Chinese President Xi Jinping (center right) and his wife Peng Liyuan (first right) pose for a group photo with King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua of the Kingdom of Thailand (center left) and Queen Suthida Bajrasudhabimalalakshana in Beijing, capital of China, Nov 14, 2025. (PHOTO / XINHUA) BEIJING – Chinese President Xi Jinping met with visiting…

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    China and Spain signs agreements to strengthen cooperation on Spanish king’s visit

    BEIJING (AP) — Spanish King Felipe VI and Chinese President Xi Jinping signed agreements on language exchanges and other areas Wednesday as both sides vowed to strengthen their cooperation. The monarch’s visit comes as Spain, the eurozone’s fourth-largest economy, continues its courtship of China and Chinese investment while the relationship with the United States is…

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    South Korea cautious that Xi Jinping’s visit will lead to end of cultural ‘ban’

    South Korea cautious that Xi Jinping’s visit will lead to end of cultural ‘ban’

    South Korea has moved to calm speculation that China will lift an unofficial ban on the country’s entertainment industry in the wake of President Xi Jinping’s visit to the country. Lawmaker Kim Young-bae said Xi had responded positively to a proposed South Korean performance in Beijing, prompting a rise in entertainment companies’ share prices. “I…

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