China's surface navy is growing at a rapid pace as busy shipyards turn out new warships, but the US maintains an edge underwater with its submarines.
The move comes as Beijing prepares to soften the blow from an expected increase in US tariffs on Chinese imports when Donald Trump returns to the White House in January.
Japanese Foreign Minister Iwaya Takeshi says he will visit Beijing on Wednesday to hold his first face-to-face talks with his Chinese counterpart, Wang Yi.
China “will add nearly twice as many EV sales next year as the rest of the world combined," predicts Rho Motion's Will Roberts.
The Commerce secretary says investment, more than export controls, will keep the U.S. ahead of Beijing.
A two-tier system that has long made workers leave children behind in villages is cutting into birthrates.
A spokesperson for China's foreign ministry said Beijing would take "all necessary measures" and warned the U.S. that Taiwan is "a red line that must not be crossed," Reuters reported. The aid package totals $571 million.
The Chinese government is protesting the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.”
The number of Chinese medium-range ballistic missiles, capable of striking U.S. bases in Japan, has increased by 300.
Driven by improvements in sectors such as high-tech manufacturing, green energy and digital industries, the flow of foreign direct investment (FDI) is expected to continue recovering in China in 2025, market watchers and foreign business executives said on Monday.
Chinese travelers are expected to show greater interest in visiting Australia during the upcoming Spring Festival break, encouraged by the recent announcement of a 10-year multiple entry visa for tourists from China as well as the warm weather in the Southern Hemisphere, industry players said.