Bloomberg China lashed out at the US, calling the country “very ill indeed,” after President Joe Biden secured support from European allies to present a more united front against Beijing. Foreign Ministry spokesman Zhao Lijian criticised Biden’s efforts during summits of the Group of Seven and North Atlantic Treaty Organization (Nato) in recent days. The response was the latest sign ...

Bloomberg China’s air force sent 28 aircraft close to Taiwan, the largest sortie this year, ratcheting up military pressure on the government in Taipei as it seeks to strengthen ties with the US. The 28 People’s Liberation Army aircraft, including 14 J-16 and six J-11 fighters, were detected in Taiwan’s southwestern air defense identification zone, Taiwan’s defense ministry said in ...

Bloomberg The European Union (EU) drummed up 107 billion euros ($130 billion) of orders for its debut bond sale under the recovery fund, the first sign that investor appetite is robust for the AAA-rated securities. Danske Bank A/S and ABN Amro Bank NV expect the EU to raise 10 billion euros or more from the sale of 10-year debt, with ...