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Chinese companies are defaulting on their debt at a record pace — and experts say it could spark a worldwide crisis
The sheer scope of debt levels in China is leading to fears that the country could be teetering on the edge of a crisis. A "startling" number of Chinese companies are relying on new borrowing to cover the interest on existing loans, according to Pantheon Macroeconomics.
Forget the F-14 Tomcats: China's Navy Just Released Their Very Own Version of Top Gun (Sort Of)
Cue in the J-15 fighters shown launching from the ski-jump deck of the Liaoning and then maneuvering gracefully over the Pacific. I will make an unpatriotic confession. I like the Chinese version of "Top Gun" better.
China's Moon Plants Are Dead
The moon is a lifeless world once again. The cotton plants that sprouted on the moon's far side aboard China's Chang'e 4 lander are dead, done in by the bitter cold of the lengthy lunar night, GBTimes reported today (Jan. 16).
Canadian Sentenced to Death in China for Drug Smuggling Will Appeal
HONG KONG — A Canadian man sentenced to death in China for drug smuggling intends to appeal, one of his lawyers said Wednesday, as a diplomatic rift between Canada and China deepened and information emerged about the man’s past drug convictions.
Europe's move to impose steel tariffs tips over another domino in Trump's trade war with China
The EU opted to make previously temporary steel tariffs permanent Wednesday matching US tariffs on imports. The move highlights that protectionism is spreading and Donald Trump's trade war with China is entrenching itself into global economy.
China Grew a Plant on the Moon. It’s Already Dead.
In 2012, Newt Gingrich proposed a space program that would put a colony on the moon by 2021; that same year, startup Mars One announced its hope to get a little civilization up and running on Mars by 2023. More recently, Elon Musk published a paper on “making humans a multi-planetary species,” and h
Canada dismisses China's warning of repercussions over Huawei ban
SHERBROOKE, Quebec (Reuters) - Canada’s government on Friday dismissed China’s warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.
China's first plant to grow on the moon is already dead
Beijing (CNN)The first plant to be grown on the moon by humans is likely dead already, Chinese scientists said Thursday. Just days after China revealed a cotton seed had sprouted on a lunar lander and become what was possibly the first plant life to grow on Earth's nearest neighbor, scientists ended
Dow jumps more than 350 points after China offers a way to eliminate US trade imbalance
Stocks rose on Friday as investors cheered potential progress in trade negotiations between China and the U.S. The Dow Jones Industrial Average rose 360 points, led by gains in Caterpillar and Boeing. The S&P 500 climbed 1.4 percent, trading out of correction territory, as the materials and industri
Hong Kongers could be jailed for disrespecting China’s anthem
THE BOOS can be heard around Mong Kok stadium, the home of Hong Kong’s football team. Some young supporters clad in red home jerseys cup their hands around their mouths, amplifying their displeasure. Such scenes are common anywhere when a player is penalised. But the rowdy fans on this brisk October
Stocks close higher for fourth day as optimism mounts over U.S.-China trade
The stock market closed higher Friday, extending its winning streak to a fourth session, on media reports that stoked hopes for progress in trade talks between the U.S. and China. Optimism over a potential bilateral deal helped to offset worries about the prolonged partial government shutdown and mi
China Is Losing The Trade War In Nearly Every Way
China is still the world’s No. 2 economy and is still the monster of emerging markets, but regardless of those bonafides, Xi Jinping’s country is losing the trade war in nearly every way imaginable.
Valuations for China stocks are 'very, very attractive' now: Fidelity
China's economy is growing at a slower pace than before, but its stock market has emerged as one of the best places in Asia to invest in, according to global investment house Fidelity International.
First plants ever grown on moon have now died, says Chinese scientist
Just 24 hours after releasing photographs of the first ever plants grown on the moon, China has revealed the tender green shoots have fallen victim to the pitiless vacuum of space.
US Army reportedly planning to send signal to China with first missile test in Okinawa
The U.S. military reportedly is set to conduct its first missile test around the Japanese island of Okinawa later this year amid increasing Chinese aggression in the South China Sea.
China's soybean imports show American farmers have more to fear than the trade war
China's soybean offtake is about 37 percent lower than during the first few weeks of 2018, according to tanker-tracking firm ClipperData. Soybean prices have rallied on hopes the United States and China will resolve their ongoing trade dispute.
Canadian's death sentence leaves Beijing and Ottawa trapped in a crisis
Hong Kong (CNN)There's no easy way out in the darkening diplomatic feud between China and Canada over the detention of a Huawei executive -- even as a man's life now hangs on the outcome.
Oil sinks on China slowdown fears; natural gas surges 5%
Oil futures declined sharply Thursday, tracking lower moves in most global equity benchmarks, as fear of a China-led demand slowdown gripped investors. West Texas Intermediate crude for February delivery CLG9, -1.89% fell $1.16, or 2.2%, to $51.15 a barrel on the New York Mercantile Exchange, a day
China's New 'Great Wall' Can Stop Missiles Too Fast for Any Defense System, Expert Says
China has developed a sprawling underground defense complex capable of intercepting missiles often described as being too fast for any existing defense system, a leading expert has claimed.
Cotton Seed Sprouts In China's Lunar Lander
A hint of a cotton plant is growing on the moon, inside China's lunar lander, scientists in China say. Photos released on Tuesday by Chongqing University, in collaboration with the China National Space Administration, show the small, green shoot from a cotton seed reaching out of a latticed containe