Beijing

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Japan protests Chinese navy sailing near disputed islands

Japan lodged a protest with China on Monday over a Chinese naval vessel sailing near disputed islands, a Japanese official said, as reports emerged of Russia also sending its own navy ship to the area.

The islets in the East China Sea, known as the Senkaku by Tokyo and the Diaoyu by Beijing, are at the centre of a long-running dispute between Japan and China.

China accuses G7 of ‘creating division’ over trade criticism

China accused Group of Seven countries yesterday of irresponsibly sowing division after the forum condemned Beijing's trade practices in an end-of-summit statement.

G7 leaders had slammed China's "non-transparent and market-distorting" international trade tactics on
June 28, in a statement that also vowed to reduce "strategic dependencies" on the Asian giant.

US to work with Taiwan, Vietnam against illegal fishing

The United States has said it will step up cooperation with Vietnam and Taiwan among others to combat illegal fishing, a problem that environmentalists and Western nations increasingly attribute to China.

U.S. President Joe Biden signed a memorandum that aimed to step up coordination and enforcement within the US government against illegal fishing and the use of forced labor.

China launches high-tech aircraft carrier in naval milestone

Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a milestone as it seeks to extend the range and power of its navy.

The Type 003 carrier christened Fujian left its drydock at a shipyard outside Shanghai in the morning and tied up at a nearby pier, state media reports said.

Global stocks rise on improved Chinese services data

Global stock markets and Wall Street futures advanced yesterday after the downturn in China's service industries eased and news reports said the Biden administration might lift U.S. tariffs on some Chinese imports.

London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices gained to stay close to $120 per barrel.

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