China Earthquake: Death Toll Rises In Sichuan Province, Rescue Operations Continue

At least 13 people died and over 175 were injured late Tuesday after a 7.0 magnitude earthquake hit a popular tourist area in southwestern China’s Sichuan province, according to state media. Chinese President Xi Jinping called for “all-out efforts” to rapidly organize relief work and rescue the injured.

China urges support for new Israel-Palestinian peace plan

China’s UN ambassador urged the international community on Monday to support President Xi Jinping’s new four-point proposal to end the decades-old Israeli-Palestinian conflict and establish an independent Palestinian state.

China reportedly preps for crisis along border with North Korea

The Chinese military has reportedly been building up defenses along its border with North Korea that coincide with warnings by President Trump that he is considering military action over Pyongyang’s nuclear weapons push.

2 Chinese fighter jets buzz US Navy spy plane in East China Sea

A pair of armed Chinese fighter jets flew dangerously close to a U.S. Navy reconnaissance plane flying in the East China Sea on Sunday afternoon, with the hazardous Chinese behavior nearly causing a “collision,” two U.S. officials told Fox News.

U.S. Third Fleet expands East Asia role as tensions rise with China

The U.S. Navy’s Third Fleet will send more ships to East Asia to operate outside its normal theater alongside the Japan-based Seventh Fleet, a U.S. official said on Tuesday, a move that comes at a time of heightened tensions with China.

Angry China shadows U.S. warship near man-made islands

A U.S. guided-missile destroyer sailed close to one of China’s man-made islands in the South China Sea on Tuesday, drawing an angry rebuke from Beijing, which said it had tracked and warned the ship and called in the U.S. ambassador to protest.

China forex reserves in record fall as Beijing tries to calm markets

China’s foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing’s attempts to halt a slide in the yuan and stabilize financial markets following its surprise move to devalue the currency last month.

Beijing abandons large-scale share purchases

China’s government has decided to abandon attempts to boost the stock market through large-scale share purchases, and will instead intensify efforts to find and punish those suspected of “destabilizing the market”, according to senior officials.

Stock market endures worst day in 18 months

The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.

China, Russia to launch largest-ever joint navy exercise

The Chinese and Russian navies are gearing up for their largest-ever joint exercises, slated to begin Thursday in the Pacific with more than 20 ships and featuring anti-submarine operations as well as a joint-beach landing.

China Rattles Markets With Yuan Devaluation

China devalued the yuan by the most in two decades, a move that rippled through global markets as policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy, Bloomberg reported.

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