Such schemes are not unique to China, but they are unusually common. A report last year calculated that over 1.5bn pre-paid cards were issued in 2023, worth almost 740bn yuan.

China's allegations come after President Trump on Friday accused the Chinese of violating a May 12 trade pact. Latest U.S.

China calls Pete Hegseth's remarks "deplorable." Hegseth urged Asian allies to step up defense spending. China warned against "interference" in the South China Sea and Taiwan. BEIJING − China ...

Washington has unveiled new curbs on the sale of jet engine and chip design technologies to China in recent days, as Trump insisted in a social media post that he would no longer be “Mr Nice Guy ...

Senior officials from China’s customs, commercial, police and spy agencies met on May 9 to plot strategy for the crackdown. Officials from 11 national ministries and seven provinces met three ...

China accused Defense Secretary Pete Hegseth of espousing a “Cold War mentality” in a speech “filled with provocations” in Singapore on Saturday. “Hegseth deliberately ignored the call ...

WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump on Friday accused China of violating a bilateral deal to roll back tariffs and announced a doubling of worldwide steel and aluminum ...

President Donald Trump accused China twice on Friday of breaching the countries’ trade agreement, in a sign that negotiations to de-escalate a trade embargo are going poorly. Trump said in an ...

China will not send its defense minister to this year’s Shangri-La Dialogue, shunning a chance to meet his US and Asian counterparts as tensions simmer with Washington.

A Ukrainian intelligence chief accused China of helping to supply Russian military production plants. "We have confirmed data on 20 Russian factories," Oleh Ivashchenko told Ukrainian media. China ...

China and the European Union have agreed to hold a new round of trade talks to pave the way for a high-level leaders’ summit next month, but analysts said it remained to be seen whether the two ...

BEIJING, June 1 (Reuters) - China has protested to the United States against "vilifying" remarks made by Defense Secretary Pete Hegseth, the foreign ministry said on Sunday, while accusing it of ...