On May 21, Norwegian oil company Statoil announced that it agreed to sell 40 percent stake ($3 billion) of the Peregrino field located in the Campos basin offshore of Brazil to Chinese state-owned Sinochem Group. The Peregrino announcement closely follows the disclosure in March that... MORE

At the invitation of Russian President Dmitry Medvedev, Chinese President Hu Jintao visited Moscow from May 8 to May 9. The occasion marked the 65th anniversary of Russia’s Great Patriotic War, which celebrates the Soviet Union's victory over the Nazis in World War II. Hu... MORE

The People's Liberation Army Navy (PLAN) recently carried out its annual exercises far from China's coastal waters. The flotillas of naval warships were reportedly deployed on an unprecedented scale, seemingly to demonstrate China's emergence as a full-fledged blue water navy that is willing and capable... MORE

As the political crisis in Kyrgyzstan reaches a turning point, after opposition forces seized the capital Bishkek in a bloody clash and ousted the president and his allies, Chinese leaders from regions across China have reportedly descended upon Xinjiang en masse in a rare spectacle... MORE

In spite of thawing ties along the Taiwan Strait, Beijing is reportedly deploying more sophisticated missile systems in the coastal province across Taiwan.  The director of Taiwan’s National Security Bureau (NSB)—the island’s principle intelligence agency—confirmed independent reports at a legislative hearing that China has deployed... MORE

At the recently concluded National People's Congress (NPC), Chinese Communist Party (CCP) Deputy Secretary-General of the Yanbian Korean Autonomous Prefecture in Jilin Province, Li Longxi, announced that North Korean authorities are currently studying a proposal to grant a 10 year extension to China's lease of... MORE

As the U.S. economy dithers through a fragile global recovery, Chinese leaders are convening in Beijing for the annual plenary session of the National People's Congress (NPC)—China's ceremonial legislature—that begins March 5. The purpose of the meeting is to "hammer" out, among other things, a... MORE

At a meeting held in Fujian Province in southeastern China on the eve of the Lunar New Year, Chinese Communist Party (CCP) Chief and President Hu Jintao met with businessmen from Taiwan and used the occasion to launch a charm offensive across the Taiwan Strait.... MORE

From January 29 to January 31, the National Committee on Border and Coastal Defense of the People's Republic of China (PRC) held its fourth meeting in Beijing. The meeting was attended by the top echelons in the Chinese Communist Party (CCP) and the People's Liberation... MORE

The U.S. government announced on January 6 that it awarded the defense manufacturer, Lockheed Martin, a contract to build the Patriot Advanced Capability-3 (PAC-3) missiles for Taiwan. The agreement is part of an arms package that the United States agreed to sell to Taiwan in... MORE