Stay updated with breaking news from Dalian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China continues to assist Russia in boosting its military industrial output through supplies of machinery, microelectronics, drones, and cruise missile technology, Reuters reported on April 12.
The United States has accused China of aiding the largest Russian military expansion since the Soviet era. Chinese support has been critical in the Russian war effort in Ukraine, US officials have said.
U.S. officials said Chinese materials are filing critical gaps in Russia's defense production cycle and helping Moscow undertake the expansion of its defence industrial base.
Asian equities were mixed overnight following a rough day in US stocks, which fell due to hot US inflation, providing further reinforcement to the higher-for-longer narrative.
Unilever says the launch of its hydration brand Liquid I.V. into China earlier this year came at “the right moment”, citing recent rapid growth in the country’s electrolyte beverage sector as a key factor.