Young Chinese Ease Their Angst Over Economy by Playing Lottery

Ticket sales surged as youth unemployment climbed to record Nation’s young face tougher economic climate than parents did Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts, with slogans that tempt youngsters hit by an...

US Offers $600 Million Loan to Australian Rare Earths Project

Move to expand critical minerals supply chain away from China Offer conditional on company obtaining environmental approvals A US-backed lender has offered an Australian miner $600 million in loans to develop a rare earths project, the latest move to expand the...

China on Track to Be Ready for Taiwan Invasion by 2027, US Says

China is building its military and nuclear arsenal on a scale not seen since World War II and all signs suggest it’s sticking to ambitions to be ready to invade Taiwan by 2027, a top US admiral testified. Despite Beijing’s economic challenges, its official defense...

Chinese Solar Manufacturer Cancels $1.3 Billion Factory

Chinese solar manufacturer Lingda Group Co. has terminated plans to build a new 9.15 billion yuan ($1.3 billion) cell production plant as severe overcapacity threatens a wave of bankruptcies and consolidations in the industry. The announcement Tuesday comes just days...