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Japan’s exports jump on solid U.S., China demand

A laborer works in a container area at a port in Tokyo, Japan July 19, 2017. REUTERS/Toru HanaiTOKYO, July 21 (Reuters) – Japan’s exports jumped in June led by U.S. demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world’s third-largest economy.Exports rose 48.6% in June from…

As China’s debt risks grow, here are 3 warning signs to watch

Signage illuminated at the China Huarong Asset Management Co. headquarters on Financial Street in Beijing, China, on Wednesday, May 19, 2021.Yan Cong | Bloomberg | Getty ImagesBEIJING — Weak spots are emerging in China’s growing debt pile.National debt levels have climbed to nearly four times of GDP, while an increasing number of corporate bonds have…

China pressures Pakistan after losing 9 engineers in bus attack

KARACHI — Following a terror attack that killed nine Chinese engineers in northern Pakistan last week, Beijing has ramped up pressure on Islamabad, postponing a high-level joint committee for the Belt and Road Initiative and halting a billion-dollar hydropower project.The Dasu Hydropower project currently under construction in northwest Pakistan is led by China Gezhouba Group…

Syrian economy lies in ruins and China sniffs opportunity

Standing on a podium on Saturday to take an oath of office, Bashar al-Assad declared himself the only man who could rebuild Syria.His first foreign guest, China’s foreign minister, Wang Yi, seemed to enhance his claim, endorsing the president’s win in a May poll described by Britain and Europe as “neither free nor fair” and…

Teen with US ties again on the run from China with fiancee

KYIV, Ukraine (AP) — A teenager who says he’s a U.S. permanent resident and his fiancée are once again on the run from the threat of extradition to their homeland, China, in a sign of Beijing’s lengthening reach over perceived dissidents abroad.Chinese officials had sought Wang Jingyu, a 19-year-old student, over his online comments about…