CHINA

China Pares Back Holdings Of U.S. Treasuries For 7th Month

Illustration picture showing U.S. dollar and China's yuan banknotes
China slashed holdings of U.S. Treasuries for a seventh consecutive month in June, Treasury department data released on Monday showed, with investors closely tracking this measure in the wake of tensions between the world's two largest economies involving Taiwan.
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Man walks past the Myanmar embassy in Beijing

Myanmar ambassador to China died on Sunday

Myanmar's ambassador to China died suddenly on Sunday in the southwestern Chinese city of Kunming, according to an obituary in Myanmar state media and diplomatic sources in Beijing.
PLA aircraft over Pingtan island

China announces fresh military drills around Taiwan

China's military announced fresh military drills on Monday in the seas and airspace around Taiwan - a day after the scheduled end of its largest ever exercises to protest against last week's visit to Taipei by U.S.