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Gold prices have never been this high
  + stars: | 2023-12-04 | by ( Anna Cooban | )   time to read: +4 min
London CNN —Gold prices hit an all-time high Monday, buoyed by growing expectations of interest rate cuts among investors, a weaker dollar and geopolitical tensions. “This has created a more favorable environment for gold as a non-yielding asset.”John Reade, a market strategist at the World Gold Council, an association of gold producers, told CNN that, with investors predicting several rate cuts over the next year, gold prices could “quite possibly” shoot above Monday’s record high. Since gold is priced in US dollars, the fall in the greenback’s value has made it less expensive for investors outside the United States to buy the metal, which should have boosted demand and, in turn, lifted gold prices. Gold prices have risen 10% so far this year. According to the World Gold Council, central banks in emerging markets bought 473 metric tons (521 tons) of gold a year on average between 2010 and 2021.
Persons: ebbs, Daria Efanova, ” John Reade, Jamie Dimon, ” Reade, , Reade, Organizations: London CNN —, US Federal Reserve, Treasury, Sucden, World Gold Council, CNN, Interactive Investor Locations: United States, Russia, Ukraine, Israel, Gaza, China, South China, Taiwan, Russian
ByteDance is launching a chatbot-building service to rival OpenAI, per the South China Morning Post. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementByteDance is joining the AI arms race as it reportedly prepares to launch a rival to OpenAI's "GPTs." ByteDance did not immediately respond to a request for comment from Business Insider made outside normal working hours.
Persons: OpenAI, , Sam Altman, ByteDance Organizations: China Morning, Service, South China Morning, South China Morning Post, Baidu, Business Locations: Silicon, Montana
[1/2] A Philippine Coast Guard personnel looks through a binocular while conducting a resupply mission for Filipino troops stationed at a grounded warship in the South China Sea, October 4, 2023. The West Philippine Sea is Manila's term for waters in the South China Sea that fall within its 200-nautical mile EEZ. An international tribunal invalidated China's claim to 90% of the South China Sea in 2016, but Beijing does not recognise the ruling. The Philippines is ramping up efforts to counter what it describes as China's "aggressive activities" in the South China Sea, which has also become a naval flashpoint for Chinese and U.S. tension. China has accused the Philippines of enlisting "foreign forces" to patrol the South China Sea and stirring up trouble.
Persons: Adrian Portugal, Julian Felipe Reef, Karen Lema, Christopher Cushing Organizations: Philippine Coast Guard, REUTERS, Rights, South China, Embassy, Thomson Locations: South China, Rights MANILA, South, Manila, Philippines, West Philippine, Philippine, Beijing, China, Taiwan, Malaysia, Vietnam, Brunei, United States, Australia, The Philippines
[1/2] An aerial view shows the BRP Sierra Madre on the contested Second Thomas Shoal, locally known as Ayungin, in the South China Sea, March 9, 2023/File Photo Acquire Licensing RightsBEIJING, Dec 4 (Reuters) - China's military on Monday said a U.S. combat ship illegally entered waters adjacent to the Second Thomas Shoal, a disputed South China Sea atoll. "The U.S. seriously undermined regional peace and stability," said a spokesperson for China's Southern Theater of Operations in a statement. The spokesperson also said the U.S. deliberately disrupted the South China Sea and seriously violated China's sovereignty. China is in dispute with several of its neighbours over its extensive claims of territorial waters in the South China Sea. ship., and that "its troops in the theater are on high alert at all times to resolutely defend national sovereignty."
Persons: Thomas, Bernard Orr, Chizu Nomiyama, Diane Craft Organizations: BRP, BRP Sierra Madre, Rights, China's Southern Theater of Operations, People's Liberation Army, Philippine Coast Guard, Thomson Locations: BRP Sierra, South China, Rights BEIJING, U.S, China, South, Shanghai
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Organizations: U.S . News, U.S News
China claims almost all of the 1.3 million-square-mile South China Sea as its sovereign territory. In daylight hours in the South China Sea, from Ottawa’s flight deck or outdoor bridge wings, Chinese warships are often visible to the naked eye. Aviator Gregory Cole/Canadian Armed Forces PhotoOn October 29, things take a potentially dangerous turn, one that could have cost lives and ratcheted up tensions in the South China Sea to new levels. Radar operators scan their instruments in a Canadian antisubmarine warfare helicopter over the East China Sea. Hammerhead targets drones await their fate on the deck of the frigate HMCS Ottawa in the South China Sea.
Persons: Sam Patchell, Jacob Broderick ,, Ben Hughes, Gregory Cole, he’s, , King Neptune, Xi Jinping, Brad Lendon, Rafael Peralta, Collin Koh, ” Patchell, Patchell, Aviator Gregory Cole, , haven’t, Xi, Rob Millen, they’d, Long, Peralta, It’s, Qinetiq, Noble, That’s, Cmdr, Sean Milley, Christine Hurov, Wally Shirra, it’s, Wally Schirra, Loverboy’s, Australia’s, doesn’t, We’ll Organizations: HMCS, HMCS Ottawa CNN, Royal Canadian Navy, Canada, United, Naval Warfare Officers, Canadian Armed Forces, US Navy, Ottawa, CNN, Canada’s Defense Ministry, Chinese Communist Party, Coast Guard, Rajaratnam, of International Studies, People’s Liberation Army Navy, PLA Navy, United Nations, Ottawa's, Cyclone, Canadian, Royal Canadian Air Force, Chinese Defense Ministry, Pentagon, troika, Peralta, Brisbane, CNN Radio, New, New Zealand Navy’s, Cmdr, HMNZS Aotearoa, Australian, Southern Hemisphere, One Locations: HMCS Ottawa, Taiwan, Ottawa, China, United States, Canadian, South China, Gaza, Ukraine, East, Washington, Singapore, Beijing, Spratly, Vietnam, Philippines, Malaysia, Brunei, Chinese, South, East China, CNN Beijing, Canada, Gulf of Mexico, West Coast, Australian, Brisbane, Australia, Japan, New Zealand, Okinawa, replenishments, Aotearoa, American, Ottawa’s
A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton/File Photo Acquire Licensing RightsHONG KONG, Dec 2 (Reuters) - A key offshore creditor group of China Evergrande Group (3333.HK) supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing on Monday that could decide to liquidate the indebted firm. Evergrande, the world's most indebted property developer, and the advisers to the creditor group did not immediately respond to requests for comment. Evergrande has until the Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring proposal for offshore creditors, a judge said last month after its original plan had lapsed. The creditors group responded by demanding a controlling equity stake in Evergrande and the two Hong Kong subsidiaries, a source familiar with the matter said on Friday.
Persons: David Kirton, Evergrande, Clare Jim, William Mallard Organizations: China Evergrande, REUTERS, HK, China Morning, Hengda, Kirkland &, Reuters, Hong, Thomson Locations: Shenzhen, Guangdong province, China, HONG KONG, Kirkland & Ellis, Hengda, Hong Kong, Evergrande
From the remote speck of land they call home, the residents of Thitu Island have watched China’s presence creep closer, and grow more assertive, over the past decade. Boats belonging to China’s fishing militia regularly swarm the waters near Thitu, which lies in the South China Sea and is controlled by the Philippines. On pitch-dark nights, the Filipino islanders can see lights flicker on the horizon, emanating from a Chinese military base that didn’t exist 10 years ago.
Locations: Thitu, South, Philippines
Vietnam has already rail connections to China, but the system is old with limited capacity on the Vietnam side. The upgraded railway would pass through the region where Vietnam has its largest deposits of rare earths, of which China is by far the world's biggest refiner. Chinese and Vietnamese rare earths industry experts discussed last week stronger cooperation on processing the minerals, according to Vietnamese state media. It is unclear how much China would contribute to the upgraded railway track in Vietnam and whether Hanoi would accept sizeable financing from Beijing on this. A strengthened railway link could also boost Vietnam's export to China, mostly of agriculture products, boost Chinese tourism to northern Vietnam and further integrate the two countries' manufacturing industries, which experts already consider as symbiotic, with factories in Vietnam largely assembling components produced in China.
Persons: Xi Jinping, Vietnam's, Wang Yi, Tran, Pham Minh Chinh, Wang Wentao, Francesco Guarascio, Khanh Vu, Phuong Nguyen, Stephen Coates Organizations: Vietnam's, China's Commerce, Initiative, Reuters, Thomson Locations: Hanoi, China, Haiphong China, Vietnam, HANOI, United States, Tran Luu Quang, Kunming, Haiphong, Beijing, China . China, Hong Kong, Washington, South
THITU ISLAND, South China Sea (AP) — The Philippine coast guard inaugurated a new monitoring base Friday on a remote island occupied by Filipino forces in the disputed South China Sea as Manila ramps up efforts to counter China’s increasingly aggressive actions in the strategic waterway. It’s pure bullying,” Ano told reporters after the ceremony, describing the actions of Chinese ships as flouting international law. Surrounded by white beaches, the tadpole-shaped Thitu Island is called Pag-asa — Tagalog for hope — by about 250 Filipino villagers. It’s one of nine islands, islets and atolls that have been occupied by Philippine forces since the 1970s in the South China Sea’s Spratlys archipelago. Speaking in Honolulu, where he met U.S. military leaders about two weeks ago, Marcos said the situation in the South China Sea “has become more dire” with China showing interest in atolls and shoals that are “closer and closer” to the Philippine coast.
Persons: Thomas Shoal, it’s, Eduardo Ano, ” Ano, Ano, , Daisy Cojamco, asa —, Ferdinand Marcos Jr, Rodrigo Duterte, Xi Jinping, Vladimir Putin, Duterte, Marcos, ” Marcos Organizations: National, Philippine, Associated Press, Washington, South China Locations: THITU, South China, Philippine, China, Manila, United States, Philippines, Asia, Thitu, Pag, Palawan, Vietnam, Australia, Beijing, U.S, Japan, Honolulu, South, asia
China's Xi tells coast guard to enforce maritime law
  + stars: | 2023-12-01 | by ( )   time to read: +1 min
China's President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's President Xi Jinping has said the country's coast guard must enforce maritime law and crack down on "criminal activities" to defend China's territorial sovereignty, state media reported on Friday. Xi made the comments as he inspected the China Coast Guard's command office for the East China Sea area and the performance of the coast guard's ships by video, Xinhua news agency reported. "It is necessary to establish and improve the coordination and cooperation mechanism of maritime law enforcement, severely crack down on illegal and criminal activities at sea," Xi said. The Chinese coast guard has had several confrontations with vessels from the Philippines in disputed territorial waters in the South China Sea.
Persons: Xi Jinping, Carlos Barria, Xi, Ella Cao, Bernard Orr, Christina Fincher, Barbara Lewis Organizations: Economic Cooperation, REUTERS, Rights, East, Thomson Locations: Asia, San Francisco , California, U.S, Rights BEIJING, East China, Xinhua, Philippines, South China
MOUNTAIN VIEW, California (AP) — From underwater drones to electronic warfare, the U.S. is expanding its high-tech military cooperation with Australia and the United Kingdom as part of a broader effort to counter China’s rapidly growing influence in the Indo-Pacific. Defense Secretary Lloyd Austin met with defense chiefs from Australia and the United Kingdom at the U.S. military’s defense technology hub in Silicon Valley on Friday to forge a new agreement to increase technology cooperation and information sharing. The three nations have laid out plans for the so-called AUKUS partnership to help equip Australia with a fleet of eight nuclear-powered submarines. AUKUS is an acronym for Australia, the United Kingdom and the United States. He added that as an island nation, Australia has a need for improved maritime drones and precision strike capabilities.
Persons: Lloyd Austin, ” Austin, Richard Marles, Grant Shapps, Austin, Marles, Shapps, we’ve, aren’t, Adam Bry, Alex Horn, Horn Organizations: Pacific . Defense, Australian Defense, Defense Innovation Unit, Britain, U.S, Australian Navy, Solomon Islands, warfighters, Air Force, Morris Air National Guard Base Locations: California, U.S, Australia, United Kingdom, Silicon Valley, United States, Virginia, Adelaide, China, Pacific, South China, Beijing, Solomon, Taiwan, DIU, Arizona
An aerial view shows the Philippine-occupied Thitu Island, locally known as Pag-asa, in the contested Spratly Islands, South China Sea, March 9, 2023. REUTERS/Eloisa Lopez/File Photo Acquire Licensing RightsMANILA, Dec 1 (Reuters) - The Philippines has built a new coast guard station on the contested island of Thitu in the South China Sea, boosting its ability to monitor movements of Chinese vessels and aircraft in the busy disputed waterway. Inaugurated on Friday, the new three-storey facility is equipped with state-of-the art technology such as radar, automatic identification, satellite communication, and coastal cameras, the Philippine coast guard said in a statement. Manila's outpost of Thitu is its biggest and most strategically important in the South China Sea, largely claimed by Beijing, despite conflicting territorial claims by several regional nations. Besides the Philippines, Brunei, China, Malaysia, Taiwan and Vietnam have competing claims of sovereignty in the South China Sea, a conduit for goods in excess of $3 trillion every year.
Persons: Eloisa Lopez, Eduardo Ano, Thitu, Karen Lema, Mikhail Flores, Clarence Fernandez Organizations: REUTERS, Rights, People's Liberation Army, PLA ) Navy, Philippine, Thomson Locations: Philippine, Thitu, Pag, Spratly Islands, South China, Rights MANILA, Philippines, Manila, Spratly, Beijing, Palawan, Brunei, China, Malaysia, Taiwan, Vietnam
[1/3] French Foreign Affairs Minister Catherine Colonna and French Defence Minister Sebastien Lecornu leave following the weekly cabinet meeting at the Elysee Palace in Paris, France, November 22, 2023. France, with overseas territories in the Pacific and Indian Ocean and 7,000 troops stationed there, considers itself an Indo-Pacific power. The loss of a major submarine deal with Australia in 2021 forced it rethink its strategy amid ongoing regional tensions with China in the disputed South China Sea. Underscoring those efforts, Defence Minister Sebastien Lecornu will host in the French overseas territory of New Caledonia between Dec. 4-8 the South Pacific Defence Ministers Meeting, the first time it has hosted the format since it was created in 2013. While it has diversified its ties across the Pacific, France has also worked on rebuilding its partnership with Australia.
Persons: Catherine Colonna, Sebastien Lecornu, Sarah Meyssonnier, Ferdinand Marcos, Karen Lerna, Sandra Maler Organizations: Foreign, French Defence, REUTERS, South Pacific, South Pacific Defence Ministers, South, Australia, Canberra, Thomson Locations: Paris, France, Philippines, Malaysia, Australia, PARIS, Pacific, Ocean, China, India, Indonesia, Japan, New Caledonia, Britain, United States, South Korea, Spain, Manila, South China, Kuala Lumpur
By Francesco Guarascio and Khanh VuHANOI (Reuters) - China and Vietnam are working on a possible significant upgrade of their underdeveloped rail links to boost a line that crosses Vietnam's rare earths heartland and reaches the country's top port in the north, senior officials and diplomats said. Vietnam has already rail connections to China, but the system is old with limited capacity on the Vietnam side. The upgraded railway would pass through the region where Vietnam has its largest deposits of rare earths, of which China is by far the world's biggest refiner. Chinese and Vietnamese rare earths industry experts discussed last week stronger cooperation on processing the minerals, according to Vietnamese state media. It is unclear how much China would contribute to the upgraded railway track in Vietnam and whether Hanoi would accept sizeable financing from Beijing on this.
Persons: Francesco Guarascio, Khanh Vu, Xi Jinping, Vietnam's, Wang Yi, Tran, Pham Minh Chinh, Wang Wentao, Phuong Nguyen, Stephen Coates Organizations: Vietnam's, China's Commerce, Initiative Locations: Khanh, Khanh Vu HANOI, China, Vietnam, Hanoi, United States, Tran Luu Quang, Kunming, Haiphong, Beijing, China . China, Hong Kong, Washington, South
Chinese President Xi Jinping meets with Australian Prime Minister Anthony Albanese at the Great Hall of the People in Beijing, capital of China, Nov. 6, 2023. While trade compulsions have forced the Asia-Pacific nation to reach out to China, security concerns over Beijing's South China Sea claims have prevented a reset in ties. Trade talksPart of Beijing's calculus is rooted in Australia economic dependence on China. According to the Australian government, China is its largest trading partner, accounting for nearly a third of the country's total trade with the world. Australia is already closely watching potential flashpoints in the South China Sea, and in regard to Taiwan," Economist Intelligence Unit analysts said in a note.
Persons: Xi Jinping, Anthony Albanese, Ding Haitao, coronavirus, Darren Lim, Lee McLean, McLean, we've, Albanese, We've Organizations: Australian, of, People, Getty Images, Xinhua, Agency, Xinhua News Agency, Getty, Australian National University, Labor, Australia, U.S ., China Hub . Trade, CNBC, Sky News Australia, Economist Intelligence, U.S Locations: Beijing, China, Xinhua, Australia, Asia, Pacific, Canberra, U.S, South China, Taiwan, The Hague, Philippines
How the U.S. courted the Philippines to thwart China
  + stars: | 2023-11-29 | by ( )   time to read: +14 min
What followed was two trips to the United States in less than a year for Marcos, and visits to the Philippines by high-ranking Biden administration officials. Marcos’ predecessor, the populist firebrand Rodrigo Duterte, was openly hostile to the United States and attempted to bring his country closer to communist China during his six-year term. For the United States, cementing alliances in the Asia-Pacific region is likewise crucial to keeping China in check. China’s Foreign Ministry, in a statement to Reuters, characterized China and the Philippines as “close neighbors across the sea” with a common interest in friendship. At the time, he said the cancellation of his visa was the latest in a list of “gripes and disrespect” by the United States.
Persons: Ferdinand “ Bongbong ” Marcos Jr, Joe Biden, Marcos, Gregorio Maria Araneta III, , ” Araneta, Biden, Kamala Harris, Antony Blinken, Defense Lloyd Austin, Julio Amador III, Marcos ’, Rodrigo Duterte, China’s, Xi Jinping, ” Marcos ’, Ferdinand Marcos Sr, , Marcos family’s, Washington, Duterte, China “, Becca Wasser, Wasser, Barack Obama, Xi, “ I’ve, ” Duterte, Ronald “ Bato, dela Rosa, Dela Rosa, gripes, Toribio Adaci, hadn’t, Blake Herzinger, Herzinger Organizations: Reuters, U.S, Defense, ., Party, China, U.S . State Department, ” Reuters, Philippine, United, Foreign Ministry, ” ‘, People’s Liberation Army, Center, New, New American Security, CNAS, U.S . Department of Defense, U.S ., Initiative, Philippines National Economic Development Authority, United States, Philippine National Police, Washington, Forces, VFA, Mutual, China’s, U.S . Pacific Fleet, Cooperation Locations: Philippines, Philippine, Manila, United States, U.S, China, America, Asia, Taipei, Taiwan, Beijing, South, East Asia, Pacific, Washington, Hawaii, South China, It’s, American, Japan, South Korea, Australia, New American, Taiwan . U.S, Duterte, China’s, Guangdong
"Many protesters experienced being part of a civic collective for the first time," said Huang, who fled to Germany in March after narrowly avoiding detention during protests in Shanghai. Reuters was unable to confirm the total number of protesters detained last year, although some were since released. This year, on the weekend anniversary of the protests, there were no demonstrations in Beijing and Shanghai. During last year's Beijing protests, some demonstrators also called for press freedom, democracy and human rights. Some of the protesters that Reuters spoke to, as well as observers, said the events helped raise awareness of how much political power Chinese people actually wielded.
Persons: Huang, Xi, It's, Li, Li Keqiang, I'm, Laurie Chen, Jessie Pang, Casey Hall, Nicoco Chan, Brenda Goh, Tian, Miral Organizations: Reuters, Washington DC, Thomson Locations: BEIJING, HONG KONG, China, Germany, Shanghai, Beijing, New York, London, Tiananmen, Italy, Guangzhou, Hong Kong
Beijing's stock exchange is stopping major shareholders from selling stocks, Reuters reported. Sales are being blocked in a bid to sustain a market rally, sources told the news agency. AdvertisementThe Beijing Stock Exchange is stopping big shareholders from selling stocks in a bid to sustain a market rally, Reuters reported. It's not clear how long the policy, which appears to be an attempt by the authorities to ensure a recent market rally doesn't fade, will stay in effect, per Reuters. The Beijing Stock Exchange is the youngest of China's three major exchanges.
Persons: , didn't Organizations: Reuters, Service, Beijing Stock Exchange, Beijing Stock, CSI, China Securities Regulatory Commission, Business, China Morning Post, Financial Locations: Beijing, Shanghai, Shenzhen, Sichuan
Alibaba cofounder Jack Ma just set up a new company called "Hangzhou Ma's Kitchen Food," per media reports. AdvertisementFor years, Alibaba cofounder Jack Ma has been the poster boy for China's tech industry — but it looks like he's moving on to the food business. On Wednesday, Ma incorporated a company called "Hangzhou Ma's Kitchen Food" in the city where Alibaba is based, according to media reports. Hangzhou Ma's Kitchen Food is wholly owned by Ma's investment vehicle, Hangzhou Dajingtou. His foundation, the Jack Ma Foundation, did not immediately respond to a request for comment from Business Insider.
Persons: Jack Ma, It's, Ma, , He's, Supakit Chearavanont Organizations: Alibaba, Service, China Morning Post, National Enterprise, and Culture, Tokyo College, Charoen, Business Locations: Hangzhou, Alibaba, Hangzhou Dajingtou, Beijing, Spain, Netherlands, Japan, Thailand
Australia Says AUKUS a Response to Arms Race, Not Fuel for It
  + stars: | 2023-11-27 | by ( Nov. | At P.M. | )   time to read: +2 min
SYDNEY (Reuters) - The Indo Pacific region is in the midst of a substantial arms race that Australia is responding to, not fuelling, with its planned acquisition of nuclear-powered submarines, Minister for Defence Industry Pat Conroy said on Tuesday. The $245 billion AUKUS project with Britain and the United States to build a new class of nuclear-powered and conventionally armed submarine has been criticised by China as having the potential to spark an arms race. "The arms race is the greatest its been since 1945, and that is why I reject assertions... that Australia is somehow fuelling that arms race. "Conflict is far from inevitable," he said, adding that Australia cannot afford to under-invest in defence. Australia's nuclear-powered submarine fleet will be used for intelligence gathering in peacetime and to strike enemy targets during a war, Conroy said.
Persons: Defence Industry Pat Conroy, Conroy, AUKUS, Kirsty Needham, Gerry Doyle Organizations: SYDNEY, Defence Industry, National Press Club Locations: Australia, Britain, United States, China, Canberra, Southeast Asia, Philippines, South, Darwin
MANILA, Nov 26 (Reuters) - Two Chinese fighter jets were monitored "orbiting" a Philippine aircraft participating in patrols with Australia in the South China Sea but did not cause any untoward incident, Manila said on Sunday. China has accused the Philippines of enlisting "foreign forces" to patrol the South China Sea and stirring up trouble. The West Philippine Sea is Manila's term for waters in the South China Sea that fall within its exclusive economic zone. The Chinese aircraft continued on its flight route without further incident, Trinidad said. Participating in the joint drills were two Philippine navy vessels and five Philippine surveillance aircraft, and Australia's frigate Toowoomba and P8-A maritime surveillance aircraft.
Persons: China's, Xerxes Trinidad, Romeo Brawner, Karen Lema, William Mallard Organizations: ., South China, Toowoomba, Thomson Locations: MANILA, Philippine, Australia, South, Manila, Philippines, China, Vietnam, Indonesia, Malaysia, Brunei, South China, U.S, West Philippine, Trinidad
The World Health Organization has requested more information from China about an illness affecting children. Reports of "undiagnosed pneumonia" in children in northern China circulated on November 21. AdvertisementThe World Health Organization (WHO) asked China for "detailed information" about a respiratory illness that's affecting children in the north of the country. The organization requested "additional epidemiologic and clinical information" following reports of "undiagnosed pneumonia" spreading among children, according to a statement released on Wednesday. Hospitals in northern China appear to be "overwhelmed with sick children," NBC News reported.
Persons: , GAO Organizations: World Health Organization, Service, Health Organization, WHO, China Morning Post, NBC, Getty Images China, Centers for Disease Control Locations: China, Beijing
SHANGHAI, Nov 25 (Reuters) - The Chinese military said on Saturday that American naval destroyer USS Hopper entered China's territorial waters without the approval of the Chinese government. According to a post on the official WeChat account of the Chinese People Liberation Army's Southern Theatre Command, the Chinese military deployed its naval and air forces to "track, monitor and warn away" the vessel. It went on to say that the incident "proves that the United States is an out-and-out 'security risk creator' in the South China Sea." This latest announcement comes days after China accused the Philippines of enlisting "foreign forces" to patrol the South China Sea, referring to joint patrols held since Tuesday by Philippine and U.S. forces. Earlier this month, the United States and China held "candid" talks on maritime issues, including on the contested South China Sea, and the U.S. side underscored its concerns about "dangerous and unlawful" Chinese actions there, the U.S. State Department said.
Persons: Hopper, Casey Hall, Mark Potter Organizations: American, People Liberation, Southern Theatre Command, Philippine, U.S . State Department, Thomson Locations: SHANGHAI, United States, South China, China, Philippines, U.S
BEIJING/SHANGHAI, Nov 26 (Reuters) - China and the United States exchanged accusations at the weekend over the disputed South China Sea, after China's military said it had driven away a U.S. warship that the U.S. Navy said was on a routine freedom of navigation operation. The U.S. Navy said on Sunday that the Hopper had "asserted navigational rights in the South China Sea near the Paracel Islands, consistent with international law". China claims almost the entire South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia and Brunei. This weekend's incident, China said, "proves that the United States is an out-and-out 'security risk creator' in the South China Sea". "Unlawful and sweeping maritime claims in the South China Sea pose a serious threat to the freedom of the seas."
Persons: Hopper, China's, Kristina Weidemann, Casey, Laurie Chen, Ben Blanchard, Mark Potter, Edmund Klamann Organizations: United, U.S . Navy, People's Liberation Army Southern Theatre Command, U.S, Australia, Philippine, U.S . 7th Fleet, U.S . State Department, Casey Hall, Thomson Locations: BEIJING, SHANGHAI, China, United States, U.S, South China, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Beijing, Manila, South, Shanghai, Taipei
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