In China, the total number of accounts holding credit cards peaked at 807 million in September 2022, but it has reduced by nearly 15 per cent during a 14-straight-quarter decline.
A deadly gas explosion at a coal mine in China’s Shanxi Province has left 82 dead, prompting a massive rescue operation and an investigation ordered by Xi Jinping.
China and Russia projected deeper strategic unity in Beijing as Putin and Xi discussed BRICS expansion, global tensions and the future balance of world power.
China agreed to major US agricultural imports, Boeing aircraft purchases and rare earth cooperation following high-level talks between Donald Trump and Xi Jinping in Beijing.
Trump disclosed fresh details of his talks with Xi Jinping, including discussions on Taiwan tensions, AI safeguards, Iran and a major Boeing aircraft deal.
Recent times have seen “strongmen” leaders like Vladimir Putin, Xi Jinping, Mohammad Bin Salman, Paul Kagame, Kim Jong Un etc.
China’s latest growth numbers offer reassurance at first glance, but they obscure a more uncomfortable reality: the world’s second-largest economy is increasingly reliant on external demand at precisely the moment when the global environment is turning hostile.
US intelligence assessments suggest China could be preparing to supply missile systems to Iran, even as Beijing publicly backs de-escalation and denies involvement.
US President Donald Trump said he plans to visit China soon, highlighting his strong personal relationship with President Xi Jinping while emphasising that the United States continues to compete with Beijing on trade and economic policy.
When China’s leadership gathers in Beijing for the annual meetings of the National People’s Congress, the numbers announced are usually meant to project confidence.
