The country has been gradually expanding military cooperation with the U.S., Japan, and Beijing-claimed Taiwan.

JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.

Chinese President Xi Jinping has given no assurance of better communication regarding China’s Navy exercises near Australian ...

China's premier has applauded Anthony Albanese's efforts to restore Chinese-Australian relations after they had reached "a low point" in recent years.