Ethan Zhao
Senior Reporter
The Latest
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China’s Stock Market Suffers Worst Crash in 27 Years
Chinese stocks experienced their most significant drop in nearly three decades this week as investor hopes for a more aggressive economic stimulus from Beijing were dashed. The Shenzhen composite index fell by 8.2%, its largest one-day decline since May 1997, while the Shanghai Stock Exchange and the CSI 300 index recorded losses of 6.6% and 7.1% respectively. 
Chinese stocks experienced their most significant drop in nearly three decades this week as investor hopes for a more aggressive economic stimulus from Beijing were dashed. The Shenzhen composite index fell by 8.2%, its largest one-day decline since May 1997, while the Shanghai Stock Exchange and the CSI 300 index recorded losses of 6.6% and 7.1% respectively. -
Wu Bangguo, China's Former Top Legislator, Dies at 84
Wu Bangguo, the former chairman of China's National People's Congress (NPC) Standing Committee and one of the most influential figures in the Chinese political landscape, passed away at the age of 84. Wu died in Beijing at 4:36 a.m. on Tuesday after a prolonged illness. His death marks the end of an era for a key figure in China's leadership during the transformative years of the country's economic and political development. 
Wu Bangguo, the former chairman of China's National People's Congress (NPC) Standing Committee and one of the most influential figures in the Chinese political landscape, passed away at the age of 84. Wu died in Beijing at 4:36 a.m. on Tuesday after a prolonged illness. His death marks the end of an era for a key figure in China's leadership during the transformative years of the country's economic and political development. -
China Reaffirms Growth Goals but Holds Back on Major Stimulus Plans
China reaffirmed its confidence in meeting its economic growth targets this year but stopped short of introducing the large-scale fiscal stimulus that many investors had anticipated. The announcement, made by the National Development and Reform Commission (NDRC) on Tuesday, comes as the world's second-largest economy faces mounting pressures from a property market slump, weak consumer spending, and global trade tensions. 
China reaffirmed its confidence in meeting its economic growth targets this year but stopped short of introducing the large-scale fiscal stimulus that many investors had anticipated. The announcement, made by the National Development and Reform Commission (NDRC) on Tuesday, comes as the world's second-largest economy faces mounting pressures from a property market slump, weak consumer spending, and global trade tensions. -
TikTok Faces Legal Blitz from 13 States, Accused of Harming Children and Teens
TikTok is under intense legal scrutiny as 13 U.S. states and the District of Columbia filed lawsuits against the social media giant, accusing it of harming children and teens through addictive content and failing to protect its young users adequately. The series of lawsuits, filed on Tuesday, alleges that TikTok's design and algorithms intentionally exploit young people, promoting prolonged usage that has been linked to various mental health issues. 
TikTok is under intense legal scrutiny as 13 U.S. states and the District of Columbia filed lawsuits against the social media giant, accusing it of harming children and teens through addictive content and failing to protect its young users adequately. The series of lawsuits, filed on Tuesday, alleges that TikTok's design and algorithms intentionally exploit young people, promoting prolonged usage that has been linked to various mental health issues. -
China's Stock Rally Stumbles as Markets Lose Confidence in Stimulus Measures, Hong Kong's Hang Seng Plunges 9%
Chinese markets experienced a dramatic rise and fall on Tuesday as investors reacted to signals from Beijing about future economic stimulus. The initial optimism following the country's Golden Week holiday gave way to disappointment after China's National Development and Reform Commission failed to deliver concrete details on new stimulus measures. The mixed messaging sent shockwaves through global markets, with Hong Kong's Hang Seng index suffering its worst single-day loss since 2008. 
Chinese markets experienced a dramatic rise and fall on Tuesday as investors reacted to signals from Beijing about future economic stimulus. The initial optimism following the country's Golden Week holiday gave way to disappointment after China's National Development and Reform Commission failed to deliver concrete details on new stimulus measures. The mixed messaging sent shockwaves through global markets, with Hong Kong's Hang Seng index suffering its worst single-day loss since 2008. -
Chinese Workers Targeted in Deadly Karachi Airport Suicide Blast
In a grim escalation of violence against Chinese nationals in Pakistan, a suicide attack near Karachi's Jinnah International Airport claimed the lives of two Chinese citizens and injured at least eight others, including a third Chinese national. The attack, which occurred on Sunday evening, has been claimed by the Baloch Liberation Army (BLA), a separatist group notorious for its targeting of foreign investments and personnel in the region. 
In a grim escalation of violence against Chinese nationals in Pakistan, a suicide attack near Karachi's Jinnah International Airport claimed the lives of two Chinese citizens and injured at least eight others, including a third Chinese national. The attack, which occurred on Sunday evening, has been claimed by the Baloch Liberation Army (BLA), a separatist group notorious for its targeting of foreign investments and personnel in the region. -
EU Approves Tariffs on Chinese EVs, Exposing Internal Divisions and Trade Tensions with Beijing
The European Union (EU) has approved hefty tariffs on Chinese-made electric vehicles (EVs), pressing ahead despite internal divisions within the bloc and fierce opposition from China. The EU's executive body announced the move on Friday, following a pivotal vote among member states. The tariffs, which could reach as high as 45%, are intended to counter what the EU views as unfair subsidies provided by the Chinese government to its domestic carmakers. The measures are set to take effect next month and will remain in place for five years. 
The European Union (EU) has approved hefty tariffs on Chinese-made electric vehicles (EVs), pressing ahead despite internal divisions within the bloc and fierce opposition from China. The EU's executive body announced the move on Friday, following a pivotal vote among member states. The tariffs, which could reach as high as 45%, are intended to counter what the EU views as unfair subsidies provided by the Chinese government to its domestic carmakers. The measures are set to take effect next month and will remain in place for five years. -
China Warns of Regional Instability as Iran and Israel Conflict Intensifies
Tensions in the Middle East skyrocket after Iran launches nearly 200 missiles at Israel, with Beijing calling for immediate de-escalation to prevent a wider regional conflict. 
Tensions in the Middle East skyrocket after Iran launches nearly 200 missiles at Israel, with Beijing calling for immediate de-escalation to prevent a wider regional conflict. -
Japan’s New Prime Minister Eyes ‘Asian NATO,’ But Allies Push Back
Amid rising concerns of North Korea’s growing military ties with Russia, Japan’s Prime Minister pushes for a nuclear deterrence strategy, sparking fears of escalating tensions across Asia. 
Amid rising concerns of North Korea’s growing military ties with Russia, Japan’s Prime Minister pushes for a nuclear deterrence strategy, sparking fears of escalating tensions across Asia. -
CIA Targets China, Iran, and North Korea in Expanded Recruitment Push Amid Global Tensions
The CIA has broadened its recruitment efforts to attract informants in China, Iran, and North Korea, extending an initiative that has already seen some success in Russia. The move reflects U.S. intelligence agencies' growing need for insights into authoritarian regimes that are increasingly opaque and critical to U.S. foreign policy. 
The CIA has broadened its recruitment efforts to attract informants in China, Iran, and North Korea, extending an initiative that has already seen some success in Russia. The move reflects U.S. intelligence agencies' growing need for insights into authoritarian regimes that are increasingly opaque and critical to U.S. foreign policy.
