Ethan Zhao
Senior Reporter
The Latest
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China and Myanmar 'Wipe Out' Major Telecom Fraud Centers, Repatriate 763 Suspects
China reported a significant victory in its campaign against cross-border telecom fraud, announcing the "wipe-out" of all large-scale fraud operations in northern Myanmar following a coordinated law enforcement operation. Chinese state media revealed on Thursday that 763 Chinese nationals were transferred to China after their arrest in Myanmar's Tangyan region. Among those apprehended were 69 fugitives from China's most-wanted list. 
China reported a significant victory in its campaign against cross-border telecom fraud, announcing the "wipe-out" of all large-scale fraud operations in northern Myanmar following a coordinated law enforcement operation. Chinese state media revealed on Thursday that 763 Chinese nationals were transferred to China after their arrest in Myanmar's Tangyan region. Among those apprehended were 69 fugitives from China's most-wanted list. -
Putin Confirms Use of Experimental Ballistic Missile in Ukraine, Warns Western Nations
In a stark escalation of the ongoing conflict in Ukraine, Russian President Vladimir Putin confirmed the use of an experimental intermediate-range ballistic missile, the Oreshnik, during a strike on the city of Dnipro. Speaking during an unannounced televised address, Putin declared the missile strike as a response to recent Ukrainian attacks on Russian territory carried out with Western-supplied long-range weaponry. The Russian leader asserted that Moscow "reserves the right" to target Western countries that provide such military support to Kyiv. 
In a stark escalation of the ongoing conflict in Ukraine, Russian President Vladimir Putin confirmed the use of an experimental intermediate-range ballistic missile, the Oreshnik, during a strike on the city of Dnipro. Speaking during an unannounced televised address, Putin declared the missile strike as a response to recent Ukrainian attacks on Russian territory carried out with Western-supplied long-range weaponry. The Russian leader asserted that Moscow "reserves the right" to target Western countries that provide such military support to Kyiv. -
PDD Misses Revenue Targets Amid Fierce Price Wars and Consumer Struggles
PDD Holdings, the Chinese parent company of e-commerce platforms Pinduoduo and Temu, failed to meet third-quarter revenue and profit expectations, as consumer spending in China remains under pressure. Promotional discounts and low-cost offerings, while attracting some attention, fell short of driving the sales growth analysts had anticipated. The company's U.S.-listed shares dropped 8% in pre-market trading following the announcement. 
PDD Holdings, the Chinese parent company of e-commerce platforms Pinduoduo and Temu, failed to meet third-quarter revenue and profit expectations, as consumer spending in China remains under pressure. Promotional discounts and low-cost offerings, while attracting some attention, fell short of driving the sales growth analysts had anticipated. The company's U.S.-listed shares dropped 8% in pre-market trading following the announcement. -
China Rejects U.S. Defense Meeting Amid Taiwan Arms Sale Tensions
China's refusal to meet with U.S. Defense Secretary Lloyd Austin this week has further strained the already fraught relationship between the two nations' defense leaders. The rejection came as Austin attended the ASEAN Defense Ministers' Meeting-Plus in Laos, an event often used for high-level dialogues. Beijing's decision highlights its protest against a recent $2 billion U.S. arms sale to Taiwan, which it claims undermines its sovereignty and security interests. 
China's refusal to meet with U.S. Defense Secretary Lloyd Austin this week has further strained the already fraught relationship between the two nations' defense leaders. The rejection came as Austin attended the ASEAN Defense Ministers' Meeting-Plus in Laos, an event often used for high-level dialogues. Beijing's decision highlights its protest against a recent $2 billion U.S. arms sale to Taiwan, which it claims undermines its sovereignty and security interests. -
China and Brazil Forge Deeper Ties with Dozens of Trade and Development Agreements
Brazilian President Luiz Inácio Lula da Silva and Chinese President Xi Jinping took significant steps to deepen their nations' relationship by signing nearly 40 agreements during Xi's visit to Brasília. The deals, which span trade, technology, and environmental protection, underscore a growing partnership between the two major players in the BRICS bloc. 
Brazilian President Luiz Inácio Lula da Silva and Chinese President Xi Jinping took significant steps to deepen their nations' relationship by signing nearly 40 agreements during Xi's visit to Brasília. The deals, which span trade, technology, and environmental protection, underscore a growing partnership between the two major players in the BRICS bloc. -
Jailed Hong Kong Media Tycoon Jimmy Lai Testifies in High-Stakes National Security Trial
Hong Kong media mogul and pro-democracy activist Jimmy Lai appeared in court Wednesday, taking the stand for the first time since his arrest nearly four years ago. The 77-year-old founder of the now-shuttered pro-democracy tabloid Apple Daily faces charges under the city's sweeping national security law. If convicted, Lai could face a life sentence, marking a significant test case in Beijing's crackdown on dissent in Hong Kong. 
Hong Kong media mogul and pro-democracy activist Jimmy Lai appeared in court Wednesday, taking the stand for the first time since his arrest nearly four years ago. The 77-year-old founder of the now-shuttered pro-democracy tabloid Apple Daily faces charges under the city's sweeping national security law. If convicted, Lai could face a life sentence, marking a significant test case in Beijing's crackdown on dissent in Hong Kong. -
Alibaba Raises $5 Billion in Dual-Currency Bond Offering to Repay Debt and Fund Buybacks
Alibaba Group Holding Ltd., China's largest e-commerce platform, has successfully priced a $5 billion dual-currency bond deal aimed at funding general corporate needs, including offshore debt repayment and share repurchases. 
Alibaba Group Holding Ltd., China's largest e-commerce platform, has successfully priced a $5 billion dual-currency bond deal aimed at funding general corporate needs, including offshore debt repayment and share repurchases. -
Children and Adults Injured as SUV Plows into Crowd Outside Chinese Elementary School
In a harrowing incident on Tuesday morning, a driver in a white SUV rammed into a crowd of students and adults outside Yong'an Elementary School in Changde, a city in China's Hunan province. 
In a harrowing incident on Tuesday morning, a driver in a white SUV rammed into a crowd of students and adults outside Yong'an Elementary School in Changde, a city in China's Hunan province. -
Hong Kong Court Sentences 45 Pro-Democracy Activists in Landmark National Security Trial
A Hong Kong court on Tuesday sentenced 45 prominent pro-democracy activists to prison terms of up to 10 years. 
A Hong Kong court on Tuesday sentenced 45 prominent pro-democracy activists to prison terms of up to 10 years. -
Xi Jinping Outlines 'Red Lines' to Biden, Sends Cautionary Message to Incoming Trump Administration
Xi used the platform to underscore four "red lines" that he said the United States must not cross, sending a strong signal to both Biden and incoming president-elect Donald Trump about China's non-negotiable stances. 
Xi used the platform to underscore four "red lines" that he said the United States must not cross, sending a strong signal to both Biden and incoming president-elect Donald Trump about China's non-negotiable stances.
