Tag Archives: China

A small, nonthreatening balloon was intercepted by a fighter jet over Utah

SALT LAKE CITY (AP) — A small, nonthreatening balloon spotted flying high over the mountainous Western United States was intercepted by a fighter jet over Utah on Friday, according to the North American Aerospace Defense Command. NORAD fighter pilots sent in the morning to investigate the balloon determined it was “not maneuverable” and did not present a threat to national …

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Former Bank of China chairman indicted for bribery in nation’s long-running anticorruption drive

BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s yearslong anticorruption drive. Liu Liange is accused of taking advantage of his positions at the Bank of China and previously …

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Biden’s campaign joins TikTok, even as administration warns of national security concerns with app

WASHINGTON (AP) — President Joe Biden’s 2024 campaign is now on TikTok, even though he has expressed national security concerns over the platform and banned it on federal devices. Biden isn’t expected to personally join the platform, aides said, nor the others in his administration. The account will be run entirely by the campaign team in an effort to reach …

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Chinese shares jump as Beijing steps up moves to boost sagging markets

BANGKOK (AP) — A Chinese state investment fund promised to expand its purchases of stock index funds, among other moves signaling Beijing’s resolve to stabilize markets that have been sagging under heavy selling pressure from a property crisis and slowing economy. Shares in Shanghai and Hong Kong surged Tuesday after the announcement by Central Huijin Investment, whose subsidiaries include Chinese …

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