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.

China: Communist Cross Demolition Spreads

The demolition of church crosses by Chinese Communists has spread from Wenzhou to Zhejiang province after five Catholic churches had their crosses forcibly removed last week.

Chinese chaos worse than Greece

A stock market crash there has seen $3.2 trillion wiped from the value of Chinese shares in just three weeks, triggering an emergency response from the government and warnings of “monstrous” public disorder.

Holder Arrives As Protests Continue in Ferguson

U.S. Attorney General Eric Holder arrived in Ferguson to lead the investigation into the shooting. It was revealed that Darren Wilson, the police officer whose fatal shooting of Michael Brown touched off more than a week of demonstrations, suffered severe facial injuries, including an orbital (eye socket) fracture, and was nearly beaten unconscious by Brown moments before firing his gun. Meanwhile, Community elders and the clergy were credited with helping to bring “a different dynamic” to protests in this St. Louis suburb, police said as fewer arrests took place.

China Develops New Long Range Missiles

China has acknowledged the existence of a new intercontinental ballistic missile said to be capable of carrying multiple nuclear warheads as far as the United States, according to Agence France-Presse.

China Intensifying Persecution of Christians

Chinese authorities are escalating their attacks on churches since they perceive the growth of Christianity as a threat to their communist regime, according to The Washington Free Beacon.

River Turns Bloody Red in China

Last Thursday, a river in China mysteriously turned a blood red color. China’s environmental protection bureau has yet found the cause of the incident, but suspicions are the ‘blood red’ color was a result of illegal dumping.

Chinese Pastor Sentenced to 12 Years

Nanle County Church Pastor Shaojie Zhang was sentenced on July 4 to 12 years in prison in China, according to International Christian Concern.

Evangelicals Are Changing Their Minds on Gay Marriage

Amy Tincher is an evangelical Christian who plays bass in the band at her suburban Ohio church, where she and her fellow congregants firmly believe the “words we adhere to” are those in the Bible. But last summer, without telling her husband and two kids exactly what she was doing, she boarded a plane for a conference in Kansas whose purpose many evangelicals would plainly consider heretical.

BRICS Join to End Dollar Dominance

Russia and China will meet to continue negotiations of its ruble-yuan swap deal next week, in its quest to end the dominance of the dollar, the Voice of Russia reported.

Worthy Christian News