China's ruling Communist Party must keep pace with changing circumstances while safeguarding the advances it has made, President Xi Jinping said on Wednesday during celebrations for its 105th founding anniversary. Xi did not identify specific opportunities or risks, but analysts say slower economic growth and demographic decline pose key challenges for the world's second-largest economy. In a 40-minute speech at Beijing's Great Hall of the People, China's most powerful leader since Mao Zedong urged party cadres to actively recognise and adapt to, change, while promoting the party's work. "China's development is currently in a period where strategic opportunities, risks and challenges coexist," said Xi, who called for the party to better coordinate efforts to tackle domestic and international issues. Faced with external challenges from Western-led curbs on technology to turbulent trade ties with the United States and tension over Taiwan, party l...
South Korea will lead multinational naval forces for the first time in a US-led maritime exercise starting in June, the navy said on Thursday. A South Korean admiral will command the combined maritime forces in the Rim of the Pacific Exercise (RIMPAC), scheduled in and around Hawaii from June 24 to July 31, according to Yonhap News Agency. This is the first time South Korea has taken this role in this exercise. It served as deputy commander in 2024. Read: South Korea returns remains of 12 Chinese volunteer troops killed in Korean War The biennial RIMPAC, held since 1971, aims to boost cooperation among participating countries to protect sea lines of communication and counter potential maritime security threats. South Korea has taken part in the exercise since 1990. This year's exercise will include a multinational force of over 25,000 personnel, as well as some 40 surface ships, five submarines and 140 aircraft. South Korea is expected to deploy its Aegis destroyer Jeongjo the Grea...