Latest China News

EXPLAINER: Chinese builder’s debt struggle rattles investors

Sep. 21, 2021 04:38 AM EDT

BEIJING (AP) — Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt, fueling fears of possible wider shock waves for the financial system. Chinese regulators have...

World leaders return to UN and face many escalating crises

Sep. 21, 2021 03:41 AM EDT

NEW YORK (AP) — World leaders will be back at the United Nations for the first time in two years on Tuesday with a formidable agenda of escalating crises to tackle, including the still raging COVID-19 pandemic and a relentlessly warming planet. Other pressing issues are...

Asian shares mostly extend losses on China property worries

Sep. 21, 2021 03:18 AM EDT

TOKYO (AP) — Asian shares mostly declined Tuesday, with Tokyo down 2.2% as worries about heavily indebted Chinese real estate developers weighed on sentiment. On Monday, U.S. stocks logged their biggest drop since May, with the tech-heavy Nasdaq composite sinking 2.2%....

Biden aims to enlist allies in tackling climate, COVID, more

Sep. 21, 2021 00:17 AM EDT

NEW YORK (AP) — President Joe Biden planned to use his first address before the U.N. General Assembly to reassure other nations of American leadership on the global stage and call on allies to move quickly and cooperatively to address the festering issues of the COVID-19 pandemic, climate...

China keeps virus at bay at high cost ahead of Olympics

Sep. 21, 2021 00:04 AM EDT

BEIJING (AP) — The Beizhong International Travel Agency in the eastern city of Tianjin has had only one customer since coronavirus outbreaks that began in July prompted Chinese leaders to renew city lockdowns and travel controls. Most of China is virus-free, but the...

Asian shares extend losses as China worries darken sentiment

Sep. 20, 2021 23:25 PM EDT

TOKYO (AP) — Asian shares declined Tuesday, with Tokyo down 2% as worries about heavily indebted Chinese real estate developers weighed on sentiment. On Monday, U.S. stocks logged their biggest drop since May, with the tech-heavy Nasdaq composite sinking 2.2%. ...

'Crisis of trust': France bristles at US submarine deal

Sep. 20, 2021 21:43 PM EDT

UNITED NATIONS (AP) — France’s top diplomat declared Monday that there is a “crisis of trust” in the United States after a Pacific defense deal stung France and left Europe wondering about its longtime ally across the Atlantic. France canceled meetings with...

Biden looks to turn page on 20 years of war in UN address

Sep. 20, 2021 19:36 PM EDT

NEW YORK (AP) — President Joe Biden began his first visit to the U.N. General Assembly ready to make the case to world leaders that after closing the book on 20 years of war, the U.S. aims to rally allies and adversaries to work together on a slew of crises, including the COVID-19 pandemic,...

UN climate talks: Faint progress on money, none on pollution

Sep. 20, 2021 18:44 PM EDT

Opening pocketbooks wider to fight climate change? That’s looking slightly more doable. Closing more smokestacks for the same goal? Not yet sold. World leaders made “faint signs of progress” on the financial end of fighting climate change in a special United Nations...

The AP Interview: UN chief warns China, US to avoid Cold War

Sep. 20, 2021 15:49 PM EDT

UNITED NATIONS (AP) — Warning of a potential new Cold War, the head of the United Nations implored China and the United States to repair their “completely dysfunctional” relationship before problems between the two large and deeply influential countries spill over even further into the...