Bi Jingquan, China’s former top food and drug regulator who received an international accolade for promoting innovation, has been expelled from the Communist Party and removed from public office on corruption charges. An investigation found that Bi had accepted gifts, money, trips and banquets and borrowed vehicles from private business owners, a statement from the Central Commission for Discipline Inspection (CCDI) said on Monday. The statement also said Bi had “allowed others to pay for him, secured benefits for others in recruitment, sought profit for relatives against regulations and failed…
Day: December 9, 2025
China’s record trade surplus reveals its biggest strength – and hidden weakness
A boom in exports that has pushed China’s trade surplus past $1tn for the first time reveals the extent to which its economy is still overwhelmingly reliant on foreign markets – and the difficulty figures like Donald Trump will have in trying to rebalance global trade. Data released on Monday shows that in the first 11 months of this year, China’s trade surplus in goods was $1.076tn. The record trade surplus comes even as exports to the US have plummeted, a reflection of the bruising US-China trade war that, despite…
Tokyo ‘closely monitoring’ backlash from China, Japanese PM tells lawmakers
One month after the Taiwan contingency remarks that set off the diplomatic firestorm with China, Japanese Prime Minister Sanae Takaichi said Japan would “closely monitor” the situation and respond appropriately. Takaichi delivered these remarks during a session of the Diet, Japan’s parliament, on Tuesday morning. She was addressing a draft supplementary budget aimed at funding a comprehensive economic package which her administration hopes to pass. 04:47 Why have Takaichi’s Taiwan comments sent China-Japan ties into a tailspin? Why have Takaichi’s Taiwan comments sent China-Japan ties into a tailspin? Asked to…
Why is China’s Liaoning carrier on a unique route amid Beijing-Tokyo tensions?
The Chinese aircraft carrier Liaoning has charted an unusual course towards Japan’s home islands following the mid-air stand-off between Chinese and Japanese fighter jets near Okinawa on the weekend, as tensions between Beijing and Tokyo continue to rise. The PLA Navy carrier and three guided missile destroyers travelled northeast from their position near the Miyako Strait where the stand-off occurred, heading towards waters off Kyushu and the eastern side of Japan that faces the west Pacific Ocean. As of late Sunday, the Liaoning carrier strike group was around 190km (118…