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The People’s Bank of China will cut rates on its structural policy tools by 0.25 percentage point, lowering the rate on one-year relending facilities to 1.25%, Deputy Governor Zou Lan said at a press briefing Thursday.
Prime Minister Mark Carney hailed on Thursday Canada's improving ties with China as well as the leadership of President Xi Jinping, declaring that their nations were charting a new course in cooperation at a time of global division and disorder.
China Central Television reported that CNS Linfen, a new variant of the Type 054A frigate with a more powerful naval gun and expanded aviation facilities for helicopters, has been commissioned into service with the People's Liberation Army (PLA) Navy.
China’s expanding infrastructure in Shaksgam Valley is opening a northern approach to Siachen, shifting India’s security calculus from a Pakistan-focused threat to a dual-front challenge involving China.
China’s economic growth is likely to slow to 4.5% in 2026 and maintain the same pace in 2027, a Reuters poll showed, piling pressure for more stimulus as policymakers look to address deep structural vulnerabilities to underpin the nation's longer-term health.