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US, Chinese military officials hold talks in Shanghai

WASHINGTON (Reuters) – U.S. and Chinese military officials met in Shanghai for a series of meetings which the U.S. military said on Thursday were focused on reducing unsafe actions by Chinese military ships and planes. “Military officials from the U.S. traveled to Shanghai, China to meet for working-level talks focused on decreasing the incidences of …

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Fitch cuts China’s foreign currency rating on rising debt, weakening finances

(Reuters) – Global ratings agency Fitch on Thursday downgraded China’s long-term foreign currency credit rating to ‘A’ from ‘A+’, on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast, Fitch said, adding that there is uncertainty about their impact. The government’s debt-to-GDP ratio …

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With US absent, China steps in for earthquake-hit Myanmar

By Poppy McPherson and Antoni Slodkowski BANGKOK/BEIJING (Reuters) -After a 7.7 magnitude earthquake shook Myanmar on Friday, killing more than 2,800 people, international rescuers rushed into the devastated Southeast Asian country. The most ubiquitous among them have been Chinese relief workers, whose blue and orange uniforms appear across videos circulating on social media. The posts are …

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Search for missing flight MH370 suspended due to bad weather, says Malaysia transport minister

KUALA LUMPUR (Reuters) – The search for the wreckage of the missing Malaysia Airlines flight MH370 in the southern Indian Ocean has been suspended due to poor weather conditions and will only resume at the end of the year, Transport Minister Loke Siew Fook said on Thursday. Flight MH370, a Boeing 777, was carrying 227 …

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Philippines assures China potential F-16 purchase not intended to harm any nation

MANILA (Reuters) – The potential purchase of F-16 jets by the Philippines from the United States does not harm the interests of any third party, including China, a Philippine security official said on Thursday. National Security Council spokesperson Jonathan Malaya assured China the planned acquisition is not intended as a threat to any nation and …

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UK expresses concern over Chinese military exercises around Taiwan

LONDON (Reuters) – Britain on Wednesday joined the U.S., European Union and Japan in expressing concern over Chinese military exercises around Taiwan, calling for restraint and to avoid actions that undermine peace in the region. “We are concerned by China’s military exercises around Taiwan, part of a pattern of activity which is increasing tensions and …

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Two senior Chinese Communist Party officials swap jobs in ‘unprecedented’ move

By Laurie Chen BEIJING (Reuters) – Two members of China’s Politburo, the Communist Party’s elite decision-making body, have swapped jobs, state media reported on Wednesday, without giving a reason for a reshuffle that analysts called unprecedented at this level of the Chinese hierarchy. Shi Taifeng was named head of the party’s Organisation Department, responsible for …

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China concludes two-day war games around Taiwan after live fire drills

By Joe Cash, Yimou Lee and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s military concluded two-day war games around Taiwan in which it held long-range, live-fire drills in the East China Sea, marking an escalation of exercises around the island. The military’s Eastern Theatre Command said late on Wednesday it had completed the drills, which tested the …

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