China

China’s ‘Big Four’ banks rally after state wealth fund boosts stake

China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in…

China’s consumer spending isn’t roaring back to pre-pandemic levels yet

BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales…

Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more

Check out the companies making headlines in midday trading. Skechers — The shoe company gained 1.6% after UBS reiterated its…

China’s domestic tourism is finally back to pre-pandemic levels

BEIJING — China’s big “Golden Week” holiday saw domestic tourism rebound to around pre-pandemic levels, while overseas travel had yet…

China responds to Israel-Hamas conflict with a call to ‘end the hostilities’

BEIJING — China called for a ceasefire in the Israel-Hamas conflict — and for “establishing an independent State of Palestine,”…

Former U.S. Army sergeant charged with offering classified information to China

WASHINGTON — A former U.S. Army sergeant was arrested Friday for allegedly attempting to provide classified national security information to…

China plans to ease one of the biggest hurdles for foreign business

BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for…

‘Be water, my friend’: China’s first UFC champion channels her inner Bruce Lee

Beijing CNN  —  A decade ago, Zhang Weili was handing out flyers to rushing commuters in front of her local…

U.S. ambassador insists America remains the top foreign policy actor in the Middle East

Martina Strong, U.S. ambassador to the United Arab Emirates, believes the U.S. is unequivocally the most important foreign policy actor…