The world spends so much on wars and violence but spends next to nothing on peace. The obvious result of conflicts and wars is human suffering, but there is also a cost to the economy that can further cripple the world’s infrastructure and stability.

US President Donald Trump on Sunday warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries."I think it'd be very hard to deal if they do violence, I mean, if it's another Tiananmen Square," Trump told reporters in New Jersey.

North Korean leader Kim Jong-un supervised a "new weapon" test, state media reported Sunday, the latest in a series of launches that United States (US) President Donald Trump has played down as Washington seeks to restart nuclear talks with Pyongyang.The report carried by the Korean Central News Agency (KCNA) followed Trump's comments that Kim had expressed a willingness to meet once the US-South Korean exercises are over and apologised for the slew of missile tests.Saturday&#0

The trade war between the United States (US) and China is heating up again, with US President Donald Trump abruptly announcing plans to impose a 10 percent tariff on the US$300 billion worth of imports from China that he had so far left untouched. The Chinese authorities then allowed their currency, the renminbi, to fall below the symbolic threshold of CN¥7 per US dollar.

China's move to devalue its currency could prove to be a double-edged sword in its escalating trade war with the United States (US), offsetting tariffs but potentially hurting Beijing's efforts to shore up its weakening economy, analysts say.Although China's central bank governor Yi Gang insisted Monday that the country would "not engage in competitive devaluation", Washington wasted no time in formally labelling Beijing a currency manipulator when the yuan plunged be

China’s rapid economic rise in recent decades has astonished the world. Yet the reasons behind the country’s success are often misunderstood and misinterpreted.The rise of China widely attributed to its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks.

North Korea's leader Kim Jong-un says the country's latest missile launches were a warning to Washington and Seoul over their joint war games, state news agency KCNA reported on Wednesday, as tensions rise on the Korean peninsula.The latest launch by the nuclear-armed North came after the South Korean and United States (US) militaries began mainly computer-simulated joint exercises on Monday to test Seoul's ability to take operational control in wartime.Those drills are taking

United States (US) Secretary of State Mike Pompeo insisted Thursday that Washington was not asking Southeast Asian nations to "choose" between his country and rival power China, as he trailed a rebooted security and trade strategy at a Bangkok summit.The denuclearisation of the Korean Peninsula, a bitter trade war between the superpowers and open access to contested seas dominated talks between Pompeo and his Chinese counterpart Wang Yi on the side-lines of a meeting of Southeast As

China urged non-Asian nations to avoid sowing "distrust" and division over contested seas Wednesday in a swipe at the United States (US) shortly before its top diplomat was due to arrive at a Bangkok summit bearing a message of reinvigorated American trade and security engagement in the region. The big power rivalry, framed by a trade war that has withered global growth, has dominated the summit of Southeast Asian foreign ministers, which opened Wednesday.Beijing's mil

Several Southeast Asian countries, sick of being the wealthy world's rubbish dump, have in recent weeks turned back container-loads of waste from foreign shores.It comes after China last year stopped accepting the world's used plastic, having previously been the biggest market for recyclables. After Indonesia on Tuesday announced it had sent back illegally imported garbage from France and Hong Kong, here is a roundup.ChinaOn 1 January, 2018, China closed its doors to almost