With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. A subtle shift is taking place among Chinese businesses as they adopt a “China plus one” outlook and redirect domestic investments to neighbouring economies – a...

The commander of the US Eighth Army in South Korea said his troops must be ready for deployment outside the Korean peninsula if ordered, arguing that it would be “irresponsible” to focus “myopically” on threats there. Lieutenant General Joe Hilbert said that while his command’s focus was on fulfilling US commitments under its mutual defence treaty with Seoul, the Eighth Army’s location did not limit the missions it could undertake. It would be “irresponsible to focus myopically” on threats on...

Washington celebrates closer ties as Tashkent strengthens its Russian alliance—and offers no announced relief for Karakalpak political prisoners.