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Li’s disappearance follows a series of unexplained personnel shakeups that have roiled the upper ranks of China’s ruling Communist Party this summer, including the ousting in July of former Foreign Minister Qin Gang. The Financial Times reported that the US government believes the defense minister has been placed under investigation, citing American officials. Li, who was sanctioned by the US in 2018 over China’s purchase of Russian weapons, is still listed as China’s defense minister, one of its five state councilors, and a member of the party’s powerful Central Military Commission (CMC). Beijing has never issued an explanation for Qin’s removal nor said that the former minister was under investigation. China’s State Council Information Office has not replied to queries from CNN on the matter.

Persons: Li Shangfu’s, Wu Qian, “, China’s, Qin, Li, Wu, Xi Jinping, they’ve, Li Shangfu, Antony Blinken Organizations: Beijing CNN, Defense Ministry, Communist Party, Foreign, Qin Gang, People’s Liberation Army Rocket Force, CNN, Reuters, Communist, Street Journal, The Financial Times, Central Military Commission, Development Department, State, Wall Street Journal, Financial Times Locations: China, Beijing, Washington, United States

☆ After replacing 2 senior military commanders in charge of its nukes, China is now investigating its defense minister, US officials say
▼ + stars: | 2023-09-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

General Li Shangfu, China's defense minister, hasn't been seen in public for more than two weeks. Sources in direct contact with the Chinese military said the defense minister was suspected of corruption in procuring military equipment. A further eight officials from the government's military procurement unit, which General Li led from 2017 to 2022, are under investigation, two sources told Reuters. AdvertisementAdvertisementIt comes two months after Xi Jinping, China's president, also replaced two of his most senior military commanders who were in charge of the country's nuclear arsenal. A US official told The Journal that General Li's dismissal indicated problems with Xi's years-long campaign to reform the People's Liberation Army, China's military.

Persons: Li Shangfu, hasn't, Li, Qin Gang, Wang Yi, Xi Jinping, Li's, it's, Su, yun, General Li, Rahm Emanuel Organizations: New York Times, Service, Street Journal, Reuters, The New York Times, People's Liberation Army, PLA, Institute for National Defense and Security Research, Times, Twitter Locations: Wall, Silicon, Taiwan, Vietnam, Japan

☆ Li Shangfu: Speculation grows over whereabouts of China's defense minister
▼ + stars: | 2023-09-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China’s Foreign Ministry on Friday skirted questions on the whereabouts of the country’s defense minister, amid mounting speculation the recently promoted general has been placed under investigation. Qin, who was only foreign minister for seven months, has retained the position of state councillor – a senior role in China’s cabinet which Li also holds. On Chinese government and military websites, Li is still listed as the defense minister, state councillor and a member of the party’s powerful Central Military Commission (CMC). “The foreign minister and the defense minister are both externally facing interlocutors with the international community. Two weeks away from the public view is not unprecedented for China’s defense minister, who typically has less frequent public engagements than the foreign minister.

Persons: Hong Kong CNN —, Li Shangfu, China’s, Li, Mao Ning, “ I’m, Qin Gang, Qin, –, Rahm Emanuel, Li hadn’t, Emanuel, Xi’s, Agatha Christie’s, Li Shangfu hasn’t, ”, Xi Jinping, ” Drew Thompson, Lee, Sergey Shoigu, Alexander Lukashenko Organizations: Hong Kong CNN, Hong Kong CNN — China’s, Communist Party, Financial Times, Street, Foreign Ministry, Central Military Commission, People’s Liberation Army, Force, CNN, Foreign, Rocket Force, Defense, Lee Kuan Yew, of Public, National University of Singapore, Development Department, Equipment Development Department, Security Forum, ”, Reuters, ” Reuters, Border Defense Friendship Exchange Locations: Hong Kong, Beijing, China, United States, Africa, Russia, Belarus, Moscow, Minsk, Hanoi

☆ China's defense minister Li Shangfu warns against 'playing with fire' on Taiwan during Russia meeting
▼ + stars: | 2023-08-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

CNN —China’s defense minister Li Shangfu on Tuesday warned against “playing with fire” when it comes to Taiwan in a veiled jab at the United States as he addressed a security conference in Russia. Speaking at the Moscow Conference on International Security, Li said attempts to “use Taiwan to contain China,” would “surely end in failure,” according to state-run news agency Xinhua. China’s ruling Communist Party claims the self-governing democracy of Taiwan and has vowed to take control of it, by force if necessary. The visit is Li’s second to Russia since assuming his role as defense chief earlier this year. Putin’s invasion of Ukraine has also drawn increased attention to Taiwan as a potential security flashpoint in Asia.

Persons: CNN —, Li Shangfu, “, Li, China’s, Vladimir Putin, Xi Jinping, Sputnik, Sergei Shoigu, William Lai, Lai, ” Organizations: CNN, Moscow Conference, International Security, Xinhua, Communist Party, Washington, Senior, US, Taiwan Locations: Taiwan, United States, Russia, China, Ukraine, Taipei, Moscow, Belarus, ”, Iran, Myanmar, Beijing, “, Xinhua, Russian, Alaska, Saudi Arabia, Kazakhstan, Vietnam, Paraguay, New York, Asia

☆ Those desperate to break the deadlock in Ukraine are hoping China will turn on Russia. They shouldn't hold their breath.
▼ + stars: | 2023-08-15 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

One expert said it was "naïve American diplomacy" to think something fundamental between China and Russia had changed. But the idea that China would turn on Russia anytime soon may be little more than wishful thinking. "It is clever Chinese diplomacy to keep meeting and talking, and it is naïve American diplomacy to think that this means something fundamental has changed," English said. He added threats from the West are also unlikely to turn China against Russia, as Xi knows that Europe is more dependent on trade with China than the other way around. "The West needs to stop looking at Chinese behavior through Western eyes, and start understanding it from a Chinese perspective."

Persons: Xi, Putin, Robert English, Xi Jinping, Vladimir Putin, Volodymyr Zelenskyy, Antony Blinken, Simon Miles, Miles, Wang Wenbin Organizations: Saudi, Service, Privacy, China, NATO, University of Southern, Duke University's Sanford School of Public, Soviet Union, Foreign, Associated Press Locations: China, Russia, Wall, Silicon, Ukraine, University of Southern California, Soviet Union, Eastern Europe, Moscow, West, Saudi Arabia, American, Europe, Soviet, Saudi

☆ 'Old friend': Henry Kissinger meets China's Xi Jinping in second surprise Beijing talks
▼ + stars: | 2023-07-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Former U.S. Secretary of State Henry Kissinger helped broker talks between then-U.S. President Richard Nixon and China's Mao Zedong, paving the way for normalized relations. Veteran U.S. diplomat Henry Kissinger met with Chinese President Xi Jinping Thursday during a surprise visit to Beijing, according to state media. The 100-year-old former U.S. Secretary of State was hosted by the Chinese premier at the Diaoyutai State Guesthouse, CCTV said in an online post. However, Reuters reported that the White House said Kissinger was not visiting China on behalf of the U.S. government. Kissinger's talks with Xi were his second unexpected meeting of the week, after the former diplomat spoke with China's Defense Minister Li Shangfu on Tuesday.

Persons: Henry Kissinger, Richard Nixon, China's Mao, Xi Jinping, Kissinger, Xi, Kissinger's, Li Shangfu Organizations: U.S, Veteran U.S, State, Xinhua, Google, U.S . State Department, Reuters, White, ., China's Defense Locations: Beijing, Diaoyutai State, China

☆ Henry Kissinger is a trending topic right now in China because so many people are surprised he's 100, alive, and going on business trips
▼ + stars: | 2023-07-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

People on China's social media are awestruck by Henry Kissinger's stamina at 100. "This is the Kissinger from the history books?" "This is the Kissinger from the history books?" I thought he was dead because people in the history books basically are," wrote another Weibo user. Others marveled at Kissinger's stamina at 100.

Persons: Henry Kissinger's, Li Shangfu, Kissinger, Henry Kissinger, Kissinger's, he's Organizations: Service, Twitter, Weibo Locations: China, Wall, Silicon, Beijing, China's, Weibo

☆ Henry Kissinger meets with China's defense minister in Beijing
▼ + stars: | 2023-07-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Former U.S. diplomat Henry Kissinger appears on a screen as he delivers a video address to the participants of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 17, 2023. BEIJING — Henry Kissinger, a former U.S. secretary of State, met with China's defense minister, Li Shangfu, in Beijing on Tuesday, the ministry said in a statement. Kissinger's meeting with Li comes as John Kerry, special presidential envoy for climate, is also in Beijing for climate talks. Li and his U.S. defense counterpart have not spoken officially despite increased tensions around the Taiwan Strait. Blinken said he failed to restore military-to-military talks with China during his visit last month.

Persons: Henry Kissinger, BEIJING — Henry Kissinger, Li Shangfu, Li, John Kerry, Janet Yellen, Antony Blinken, Blinken Organizations: U.S, Economic, State, Embassy, CNBC, Treasury, China Locations: Davos, Switzerland, BEIJING, U.S, Beijing, China, Taiwan Strait

July 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The disconnect between Asia and the rest of the world has widened recently, and correlations between the MSCI Asia ex-Japan index and leading U.S. and global indexes are the weakest in about a month. Bulls in Asia will be hoping some of that momentum drives local trading on Wednesday. The MSCI Asia equity index ex-Japan is up 4.6% this year, significantly underperforming the MSCI World index, S&P 500 and Nasdaq which are up 17%, 19% and 38%, respectively. Disappointing second quarter growth figures this week pushed the Chinese economic surprises index to its lowest in more than three years.

Persons: Jamie McGeever, John Kerry, Li Shangfu, Henry Kissinger, Pita Limjaroenrat, Josie Kao Organizations: Bulls, Nasdaq, Bank of America, Bank of New York Mellon, Biden, Thomson, Reuters Locations: Asia, Japan, U.S, China, Beijing, Thailand, Zealand

☆ Blinken says he failed to revive military-to-military talks with China
▼ + stars: | 2023-06-20 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Aly Song | ReutersBEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier hopes of reopening that communication channel. China's Defense Ministry declined a call with its U.S. counterpart in early February after the discovery of an alleged Chinese spy balloon over U.S. airspace. Blinken told NBC News on Monday that the spy balloon "chapter should be closed." "I think it's absolutely vital that we have these kinds of communications, military to military," Blinken said. The U.S. shot down the alleged Chinese spy balloon in February.

Persons: Biden, —, Aly Song, Antony Blinken, Xi Jinping, Central Foreign Affairs Office Wang Yi, Qin Gang, Blinken Organizations: Reuters, Reuters BEIJING —, China's Defense, U.S, Communist, Central Foreign Affairs Office, NBC, Pacific Command Locations: Beijing, China, Reuters BEIJING, Reuters BEIJING — U.S, Singapore, U.S, Taiwan Strait, Taiwan

☆ Blinken set for high-stakes China visit with tensions rising and breakthrough prospects low
▼ + stars: | 2023-06-17 | by ( ) www.cnbc.com time to read: +6 min

U.S. Secretary of State Antony Blinken has embarked on a high-stakes diplomatic trip to China to try to cool down escalating tensions between the two powers that have set many around the world on edge. Blinken will be the highest-level American official to visit China since President Joe Biden took office, and the first secretary of state to make the trip in five years. Animosity and recriminations have steadily escalated over a series of disagreements that have implications for global security and stability. Shortly before leaving, Blinken emphasized the importance of the U.S. and China establishing and maintaining better lines of communication. The agreement is part of an 18-month-old nuclear partnership given the acronym AUKUS — for Australia, the United Kingdom and the United States.

Persons: Antony Blinken, Joe Biden, Blinken, Qin Gang, Wang Yi, Xi Jinping, Biden, Xi, Bill Gates, Gates, William Burns, Jake Sullivan, Yi, Lloyd Austin, Austin, we're, Qin, Daniel Kritenbrink, Kurt Campbell Organizations: State Department, Washington , D.C, Foreign, Microsoft, CIA, Ukraine, . Defense, Washington, National Security Council Locations: Washington ,, China, Beijing, Bali, Chinese, United States, Taiwan, Hong Kong, South, Ukraine, Washington, U.S, Vienna, Taiwan Strait, Russia, Cuba, Singapore, Japan, Philippines, Australia, Britain, United Kingdom, East Asia, Asia

☆ China is a threat but talks must continue: Germany, Canada, Australia
▼ + stars: | 2023-06-05 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

Germany's Defense Minister Boris Pistorius was part of the the Shangri-la Dialogue, Asia's largest security forum, over the weekend. Decoupling from China is not an option, but finding a path to de-risk and reduce dependencies is important, Germany's Defense Minister Boris Pistorius told CNBC's Sri Jegarajah at the event. Australia's Trade Minister Don Farrell told CNBC in April that he's hopeful other tariffs put in place could be removed as well. China seen as a 'disruptive power'China is an "increasingly disruptive power" to peace in the region, Anita Anand, Canada's defense minister said, told CNBC. Speaking at the event Sunday, China's defense minister addressed the issue.

Persons: Boris Pistorius, CNBC's, Pistorius, That's, Richard Marles, Marles, Don Farrell, Anita Anand, Anand, we'll, Li Organizations: Germany's, Getty, SINGAPORE, CNBC, CNBC's Sri, World Trade Organization, China, Australia's Trade Locations: Australia, Canada, Germany, Singapore, China, CNBC's Sri Jegarajah, Canberra, Beijing, Taiwan

☆ U.S. and China trade barbs at top security summit as Taiwan Strait tensions simmer
▼ + stars: | 2023-06-05 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

On Saturday, when Austin took to the stage at the summit where global defense leaders gathered, he called out China for refusing to engage in military dialogue. China believes that a major country should behave like one," Li said Sunday in a translation provided by summit organizers. China claims self-governed Taiwan as part of its territory and regards any foreign presence near the island as a form of interference in its domestic affairs. China's Minister for National Defense, General Li Shangfu, delivers his plenary session Sunday at the 20th Asia Security Summit in Singapore, known as the Shangri-La Dialogue. Calls for dialogueYet, even as the U.S. and China defense chiefs talked past each other, so-called middle powers such as Australia urged the two feuding powers to reestablish dialogue.

Persons: Li Shangfu, Lloyd Austin, Austin, China's Li, Li, Defense Lloyd Austin, Roslan Rahman, Philippines —, General Li Shangfu, Anthony Albanese Organizations: American, Defense, China's Defense, Afp, Getty, Pacific Command, Delegates, China's, National Defense, 20th Asia Security Summit, Australian Locations: SINGAPORE, Singapore, Beijing, China, U.S, Taiwan, People's Republic of China, South China, Asia, Pacific, Indonesia, Malaysia, Philippines, Estonia, Sweden, Germany, Australia, Japan, South Korea, India, France

☆ Brazenly defending a Chinese warship buzzing an American destroyer in the Taiwan Strait, China's new defense minister tells the US: 'Mind your own business'
▼ + stars: | 2023-06-04 | by ( David Rising | Associated Press | ) www.businessinsider.com time to read: +8 min

A Chinese warship overtook an American destroyer and sailed across its bow on Saturday. China's defense minister Gen. Li Shangfu said, "In China we always say, 'Mind your own business.'" Chinese Defense Minister Gen. Li Shangfu delivers his speech on the last day of the 20th International Institute for Strategic Studies (IISS) Shangri-La Dialogue, Asia's annual defense and security forum, in Singapore, Sunday, June 4, 2023. He accused the US and others of "meddling in China's internal affairs" by providing Taiwan with defense support and training, and conducting high-level diplomatic visits. The sanctions, which broadly prevent Li from doing business in the United States, do not prevent him from holding official talks, American defense officials have said.

Persons: Lloyd Austin, Li Shangfu, —, Vincent Thian Li, Li, Austin, Roslan Rahman, Li scoffed, Vincent Thian Organizations: US, Service, Privacy Policy SINGAPORE, Washington, Pacific Command, US Air Force, Chinese Defense, 20th International, for Strategic Studies, AP, Getty, Russia, US Defense Department Locations: American, China, Taiwan, Singapore, Taiwan Strait, South, Canadian, Beijing, Chinese, South China, Austin, East, Ukraine, Moscow, United States, — China

☆ US Treasury official meets with China's new ambassador in Washington
▼ + stars: | 2023-06-02 | by ( David Lawder | ) www.reuters.com time to read: +1 min

WASHINGTON, June 2 (Reuters) - U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China's new ambassador to the United States, Xie Feng, holding a discussion aimed at maintaining open communications between the world's two largest economies, the Treasury said. "The meeting was candid, constructive, and part of ongoing efforts to maintain open lines of communication and responsibly manage our bilateral relationship," the Treasury said in a statement. Bilateral engagement on economic issues has increased recently, but tensions remain in security-related areas with China's defense minister declining a meeting with U.S. Defense Secretary Lloyd Austin at a security summit in Singapore. U.S. Treasury Secretary Janet Yellen has expressed hopes for a visit to China this year to meet with her new counterpart, Vice Premier He Lifeng. Reporting by David Lawder and Eric Beech; Editing by Leslie Adler and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Jay Shambaugh, China's, Xie Feng, Shambaugh, Xie, Lloyd Austin, Katherine Tai, Gina Raimondo, Wang Wentao, Janet Yellen, Yellen, David Lawder, Eric Beech, Leslie Adler, Richard Chang Organizations: . Treasury, Treasury, U.S . Defense, . Trade, Chinese Commerce, Biden, Thomson Locations: United States, Singapore, China, Beijing

☆ U.S. accuses Chinese fighter jet of 'unnecessarily aggressive maneuver' in South China Sea
▼ + stars: | 2023-05-31 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

The United States has accused a Chinese fighter jet of engaging in an "unnecessarily aggressive maneuver" while intercepting a U.S. military reconnaissance aircraft in international airspace over the South China Sea. It is the latest in a series of flashpoints in the highly contested territory that China claims as its own. The U.S. aircraft was conducting "safe and routine operations over the South China Sea in international airspace, in accordance with international law," according to the statement. The South China Sea has been a major flashpoint in the Asia-Pacific in at least the last decade as China grew more assertive with its burgeoning economic clout bolstering its global influence. As part of its projection of power, China claims maritime jurisdiction over the strategic waterway that is rich with resources such as oil and gas.

Persons: Nancy Pelosi Organizations: U.S . Air Force, U.S, Pacific Command, United, China's Defense Ministry Locations: U.S, United States, South China, China, South, Asia, Pacific, Brunei, Indonesia, Malaysia, Philippines, Taiwan, Vietnam

☆ Taiwan reports Chinese aircraft carrier sailed through strait
▼ + stars: | 2023-05-27 | by ( ) www.cnbc.com time to read: +2 min

A ship sails in the Taiwan Strait, as seen from Pingtan island, the closest point to Taiwan, in China's southeast Fujian province on April 8, 2023. The Chinese aircraft carrier Shandong sailed through the Taiwan Strait on Saturday accompanied by two other ships, Taiwan's defense ministry said, in the latest uptick in military tensions over the island Beijing claims as its own territory. Taiwan's military closely monitored the group using its own ships and aircraft and "responded appropriately", the ministry said in a short statement. The Shandong participated in Chinese military drills around Taiwan last month, operating in the western Pacific. In March of last year, the Shandong sailed through the Taiwan Strait, just hours before the Chinese and U.S. presidents were due to talk.

☆ Russian mercenary group Wagner tried and failed to get weapons from China earlier this year, according to a leaked US intel report: FT
▼ + stars: | 2023-04-20 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Leaked US intelligence documents say the Wagner Group approached China for weapons, per the FT.China reportedly rebuffed the group's request earlier this year for lethal aid in Ukraine. The infamous Wagner Group "sought munitions and equipment" from China in "early 2023," the leaked documents reportedly say. But as of January, China had not sent weapons, "not even for testing, and had no contact with [Wagner] regarding weapons deliveries," the FT reported the documents as saying. China has long professed neutrality in the conflict in Ukraine, and has publicly rebuffed the idea that it would send lethal aid to Russia. The US has increasingly signaled concern over the potential for China to aid Russia with weapons.

☆ China's defense minister applauds Putin for 'promoting world peace' amid Russia's brutal invasion of Ukraine
▼ + stars: | 2023-04-18 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +4 min

China's defense minister applauded Putin for "promoting world peace" as they met in Moscow. Beijing and Moscow have maintained warm ties in spite of Russia's brutal war in Ukraine. The war in Ukraine — the largest military conflict in Europe since World War II — has left Ukrainian cities in ruins and wreaked havoc on the global economy. As Europe curtails Russian energy imports in response to the war in Ukraine, China remains a major buyer. Meanwhile, China in February unveiled a peace plan for the Ukraine war, which was met with major skepticism in Washington.

☆ Ukraine war live updates: Putin and China's defense minister hail military ties; Ukraine landmine clearance to take a decade
▼ + stars: | 2023-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

Russian President Vladimir Putin met with China's Defense Minister Li Shangfu on Sunday, marking the latest high-profile meeting between Russian and Chinese officials in recent months. Putin hailed the deepening military cooperation between Moscow and Beijing, saying recent joint military exercises had strengthened "the extremely trusting, strategic nature of our relations." Russia's defense ministry said Friday that Li would also meet Defense Minister Sergei Shoigu during the visit, with the officials set to discuss cooperation in the defense sphere and issues of global and regional security. The meeting between top Russian and Chinese officials will fuel further speculation that the countries are pursuing deeper military cooperation as the war in Ukraine continues and relations with the West deteriorate. Both countries previously hailed a "no limits" partnership.

☆ Photo catches Taiwan pilot with a patch of Winnie the Pooh getting punched in the face — a jab at China's Xi as Beijing ups the pressure
▼ + stars: | 2023-04-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Amid this, Taiwan's defense ministry published a photo of a patch worn by fighter pilots. The patch depicts a cartoon Winnie the Pooh getting punched by a bear — a dig at Xi Jinping. Her visit stoked ire in Beijing, with China's defense ministry calling it "provocative." Beijing's defense ministry said the war games — dubbed "Joint Sword" — are meant to be a "stern warning" to Taiwan, which sharply criticized the exercises. #ROCArmedForces have monitored the situation and tasked CAP aircraft, Navy vessels, and land-based missile systems to respond these activities," Taiwan's defense ministry wrote in a statement posted to social media.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Stock pop, retailers, AI caution
▼ + stars: | 2023-03-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

UBS shuffles retailers: Ross Stores (ROST) to sell; Burlington (BURL) to sell; Club name Foot Locker (FL) to sell. Apple Pay Later allows four payments over six weeks. Users can apply for Apple Pay Later loans of between $50 and $1,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ China and U.S. tensions grow over guided-missile destroyer in South China Sea
▼ + stars: | 2023-03-24 | by ( ) www.cnbc.com time to read: 1 min

China's defense ministry said on Friday that it yet again had to monitor and drive away the U.S. Navy destroyer USS Milius that entered its territorial waters in the South China Sea near the Paracel Islands. "We sternly demand the U.S. to immediately stop such provocative acts, otherwise it will bear the serious consequences of unforeseen incidents," a spokesperson said in a statement from the Ministry of National Defense. The U.S. Navy said the guided-missile destroyer was asserting its navigational rights and freedoms. "Unlawful and sweeping maritime claims in the South China Sea pose a serious threat to the freedom of the seas, including the freedoms of navigation and overflight, free trade and unimpeded commerce, and freedom of economic opportunity for South China Sea littoral nations," the U.S. Navy Seventh fleet said in an emailed statement.

☆ Xi Jinping wants China's army to work closely with the country's tech giants, further blurring the lines between the military and civilian sectors
▼ + stars: | 2023-03-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Chinese leader Xi Jinping wants China's army to work more closely with local tech giants. Chinese tech firms are already facing intense scrutiny in the US over their ties to the CCP. "To consolidate and improve the integrated national strategic system and capabilities, the key is to work hard on integration to maximize national strategic capabilities," he said. Chinese tech companies are already under intense scrutiny in the USXi's emphasis on forging closer ties between the Chinese military and civilian tech companies comes amid intense scrutiny from the US government on how Chinese tech giants are using the data they harvest. Huawei, Hikvision, and Dahua are among the Chinese tech firms blacklisted by the US.

☆ China to increase defense spending by 7.2%
▼ + stars: | 2023-03-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

China's air force shows off its L15 Falcon trainer at the Zhuhai Air Show in 2022. BEIJING — China is set to increase defense spending this year by 7.2% to 1.56 trillion yuan ($230 billion), according to a draft released Sunday by the Ministry of Finance. China's defense budget grew by 7.1% last year to 1.45 trillion yuan, faster than the 6.8% increase in 2021 and 6.6% climb in 2020, according to official data. In 2019, China's defense spending rose by 7.5% to 1.19 trillion yuan. The work report called for "resolute steps to oppose 'Taiwan independence'" while sticking to Beijing's call for "peaceful reunification."

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