The Chinese Communist Party (CCP), seeking to insulate the country’s top brass from Western sanctions like those imposed on Russia over the Ukraine conflict, has allegedly issued a directive discouraging senior officials from buying assets abroad. The new policy will block promotions for CCP elites who have significant overseas holdings, the …
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Defense Secretary Lloyd Austin issued the guidance on Wednesday, outlining US military policy toward the People’s Republic after a months-long Pentagon review ordered by the White House in February. The new directive is classified, however, with Austin and other military officials offering scant details on the document. “The initiatives I …
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The safety regulator issued a new airworthiness directive to Boeing on Wednesday after the US manufacturer earlier said it had paused deliveries of the 737 MAX model to allow time for the electrical issues to be fixed. The problem, which affects 106 Boeing planes globally, including 71 in the US, …
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