Asia
China promotes peace and work for economic stability in Afghanistan
China has been the main supporter of Afghanistan since decades. Even during the invasion of Afghanistan, China had played a key role in promoting peace and initiated several infrastructure projects to uplift the fragile economic situation of the country. Moreover, a new chapter has been opened in relation between Afghanistan and China as well as between Afghanistan and Pakistan after the regime changed. The ties between the three neighbors seemed unprecedentedly boosted after the victory of the Taliban in August 2021 when the foreign troops accepted defeat and made a hasty withdrawal after 20 years of presence.
China as an important neighbor to Afghanistan and a powerful country in the world has often extended helping hands to Afghanistan and exhibited a strong intention to help improve the country’s security and economy. To reach that goal, China didn’t freeze its diplomatic mission in Kabul after the collapse of the previous government and at the same time did not recognize the Taliban government officially. The point is that China understands the gravity of the situation and it wants to help the Afghan people at the most difficult time caused by the chaotic and irresponsible drawdown of foreign forces.
Beijing has never stopped supporting Afghanistan with a population of an estimated 35 million, who are going through extreme poverty due to the flop policy of the western countries, especially the US on top of that.
Someone needs to ask the US that what was the outcome of 20 years of presence in Afghanistan and where the billions of dollars had been spent? There is no need to touch on the political arena but in economic aspects, the US must come up to the fore with a clear explanation. Surely, the US has no reasonable clarification and would never be able to put in plain words what has exactly happened in Afghanistan and why the economy is so bad.
It is worth mentioning that Afghanistan is not a poor country as it has three billion dollars underground resources only and other billions of precious capitals. Afghanistan is also called the “Heart of Asia” and geo-politically it is located in the most strategic quarter.
Nevertheless, Afghanistan still has a strong country on its side and that is China. Afghanistan needs China and Beijing as a neighbor has been making all out efforts to make Afghanistan stand on its own feet.
China will always stand firmly with Afghan people
China Foreign Minister Qin Gang met with Afghan Foreign Minister Amir Khan Muttaqi in Islamabad, Pakistan, where he said that “China and Afghanistan are traditionally friendly neighbors connected by mountains and rivers.”
He said that both the countries have been supporting, understanding and trusting each other. “No matter how international and regional situations evolve, China will always stand firmly with the Afghan people and support Afghanistan in pursuing a development path that suits its national conditions,” he added.
Qin furthered that “China will, as always, respect Afghanistan’s sovereignty, independence and territorial integrity, deepen China-Afghanistan cooperation in various fields, and help Afghanistan realize self-reliance, peace, stability, development and prosperity at an early date.”
Belt and Road Initiative to Afghanistan
The Afghan Foreign Minister Muttaqi during a meeting with his Chinese counterpart said that Afghanistan attaches great importance to developing relations with China and will never allow any force to use the Afghan territory for anti-China activities.
The Taliban also expressed eagerness to be part of the Belt and Road Initiative (BRI) to Afghanistan, potentially drawing in billions of dollars to fund infrastructure projects in the country.
“Afghanistan hopes to strengthen cooperation with China in such fields as economy, trade, cultural and people-to-people exchanges and infrastructure development within the framework of the Belt and Road Initiative to safeguard the common interests of the two sides and benefit the two peoples,” Muttaqi told Qin Gang.
He added that Afghanistan hopes to live in harmony with China, Pakistan and other neighboring countries and is ready to actively promote Afghanistan-China-Pakistan trilateral cooperation to promote regional stability and prosperity.
During the meeting, Qin Gang emphasized that Afghanistan should earnestly fulfill its commitment to fighting terrorism, resolutely crack down on terrorist forces, including the East Turkistan Islamic Movement, and ensure the safety and security of Chinese personnel and institutions in Afghanistan.
“China will continue to advance the China-Afghanistan-Pakistan trilateral dialogue and cooperation based on the principles of equal consultation, practical cooperation and friendship, mutual benefit and win-win results,” he added.
China invests $2b since two years in Afghanistan
China has signed $2 billion contracts on several economic projects since the return of the Taliban to power in August 2021, and these investments are mainly in areas of extraction of mines, services at airports and industrial parks.
A spokesman for the Ministry of Industry and Commerce Abdul Salam Jawad said that there are several Chinese companies that are also active in Afghanistan where 21 of them are only based in Kabul, the capital city. Jawad said that a number of Chinese investors held a meeting with the deputy Minister of Industry and Mines and discussed important aspects on the investment sites.
There is also an expectation that China will include Afghanistan in China-Pakistan Economic Corridor (CPEC) and rename the project to China-Afghanistan-Pakistan Economic Corridor (CAPEC). There is no official confirmation on the news, but apparently China is working to include Afghanistan in all big projects as part of regional connectivity, improve cross-border trading, enhance the economic integration and achieve sustainable development. CPEC is a $60 billion project and China’s foreign minister vowed to work for reconstruction of Afghanistan including its inclusion in BRI which CPEC is part of that.
Three neighbors agree to boost security and economic cooperation
On Saturday, China, Afghanistan and Pakistan agreed to deepen ties and enhance cooperation in counter-terrorism and economic cooperation to boost regional stability. The foreign ministers of the three sides made the pledge at the 5th China-Afghanistan-Pakistan Foreign Ministers’ Dialogue in Islamabad, where China’s Qin Gang, Afghan’s Muttaqi and Pakistan’s Bilawal Bhutto Zardari seemed happy on the outcome of the meeting as they vowed more cooperation in different fields.

The fifth China-Afghanistan-Pakistan Foreign Ministers’ Dialogue was held in Islamabad, Pakistan.
During the session, Qin said that China has been attaching great importance to the friendship with Afghanistan and Pakistan, and is willing to work with the two sides to implement the “Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative,” share development opportunities, jointly meet security challenges, and promote regional stability and prosperity.
Qin also asked Afghanistan and Pakistan to further strengthen the security measure for Chinese people working in the two countries. He also stressed the importance of anti-terrorism cooperation, saying China firmly opposes any form of terrorism and is ready to step up cooperation in fighting terrorism under regional multilateral frameworks including the coordination and cooperation mechanism among Afghanistan’s neighboring countries.
China also expressed readiness to strengthen development cooperation, share development opportunities and increase cultural and people-to-people exchanges with Afghanistan and Pakistan.
Afghanistan and Pakistan agree on bilateral cooperation
On their parts, Muttaqi and Bilawal agreed that the trilateral cooperation mechanism is of great significance to regional peace and prosperity, and both sided pledged to actively promote the trilateral cooperation, formulate a roadmap for political, security and economic cooperation to safeguard the common interests of the three countries, achieve mutual benefit, and bring benefits to the people of the three countries and other countries in the region.
Afghanistan foreign ministry spokesman Hafiz Zia Ahmad said that Muttaqi and Bilawal held a bilateral meeting in Islamabad, and both sides discussed political-economic, commercial, transit relations and the necessary aspects to provide facilities between the two countries.
He also said that both sides held a detailed discussion on the situation of Afghan refugees in Pakistan, and facilitated easy round trips for traders across the borders.
Relations between Afghanistan and Pakistan have never been easy and both sides accused each other of cross border shelling and terroristic activities. Since the return of the Taliban in 2021, there have been several clashes between the border guards of Afghanistan and Pakistan.
China presses for inclusive government in Afghanistan
China on Saturday pressed for the establishment of the inclusive government in Afghanistan, and called on the Taliban officials to pursue a moderate police force and have friendly relations with all the neighbors.
Speaking to reporters in Islamabad, Qin Gang called on the Taliban leaders to take bold steps in the fight against terrorism and take seriously the security concerns of its neighboring countries.
But the Taliban says they were able to establish an inclusive government and also there is no major threat posed to the neighbors from the soil of Afghanistan.
Taliban deputy spokesman, Bilal Karimi said that no one will be allowed to pose a threat to other countries from Afghanistan. He also said that the infrastructure of the government under the Taliban leadership is inclusive.
Asia
China launches patrols east of Taiwan after Japan and Philippines open maritime boundary talks
Beijing said it had conducted law enforcement patrols in waters east of Taiwan in response to a decision by Japan and the Philippines to launch talks on maritime boundary delimitation.
According to a statement from the China Coast Guard, a flotilla led by the vessel Daishan carried out law enforcement patrols “in accordance with the law” on Monday.
China Coast Guard spokesperson Jiang Lue said the operation was “a necessary action” in response to Japan and the Philippines “unilaterally announcing the start of negotiations on maritime delimitation in waters east of China’s Taiwan Island.”
“Such an announcement seriously infringes upon China’s territorial sovereignty and its maritime rights and interests,” Jiang said.
“We urge Japan and the Philippines to immediately cease all illegal actions that violate China’s sovereignty and rights,” he added.
Jiang also said the coast guard would continue strengthening its control and management of the relevant waters and that China would take concrete measures to “resolutely safeguard territorial sovereignty and maritime rights and interests.”
The United States and most of its allies, including Japan and the Philippines, do not recognize Taiwan as an independent state and acknowledge it as part of China. The United Nations has also adopted resolutions reflecting this position. However, Washington continues to provide arms to Taiwan as part of its broader efforts to counter China and encourages its allies to do the same.
Following a summit in Tokyo between Japanese Prime Minister Sanae Takaichi and Philippine President Ferdinand Marcos Jr., the two countries said in a joint statement issued on Thursday that they had agreed to begin “formal negotiations” to delimit their exclusive economic zones (EEZs) and continental shelves.
Beijing condemned the planned talks as “completely illegal and invalid” and swiftly lodged formal diplomatic protests with both Tokyo and Manila.
Chinese Foreign Ministry spokesperson Mao Ning said on Friday: “The so-called delimitation negotiations are entirely illegal, invalid and void. They will have no impact whatsoever on China’s claims or on China’s exercise of its legitimate rights in the area east of Taiwan Island.”
The latest escalation comes at a time when relations between Beijing and both Tokyo and Manila are already strained. Japan and the Philippines are treaty allies of the United States, while China remains engaged in separate territorial disputes with Japan in the East China Sea and with the Philippines in the South China Sea.
As US attention and resources have increasingly shifted toward the war involving Iran, and as the White House has made the Western Hemisphere a strategic priority, Japan and the Philippines have stepped up diplomatic engagement in the region commonly referred to as the Indo-Pacific.
That effort has included building closer security and defence ties with other countries, prompting Beijing to accuse them of encouraging bloc confrontation in the region.
Japan and the Philippines do not share a maritime boundary. However, their seabed claims could overlap because both countries seek to extend their legal continental shelves beyond 200 nautical miles, equivalent to 370 kilometres or 230 miles.
The overlapping area lies east of Taiwan, southwest of Japan’s Ryukyu Islands and north of the Philippines’ Batanes Islands.
Yang Xiao, a researcher at the Chinese Academy of Social Sciences, China’s highest-ranking state-affiliated think tank, said Taiwan’s EEZ and continental shelf are part of the area under discussion.
“These are China’s rights and are not something that the two sides can negotiate among themselves,” Yang said.
In an interview published on Sunday by Yuyuan Tantian, a social media account affiliated with state broadcaster CCTV, before the China Coast Guard announced the patrols, Yang said Beijing would take “historic and unprecedented” countermeasures against Tokyo and Manila.
“Since they are negotiating in a three-party overlapping zone, we can also take further steps to advance our jurisdiction in the waters east of Taiwan,” Yang said.
“If the other side insists on reckless and destructive actions, we will inevitably introduce new countermeasures.”
Yang described the waters east of Taiwan as a vital maritime area for the island’s economic activities.
“If these waters are divided between Japan and the Philippines, that would clearly harm the interests of the people living on Taiwan Island,” he added.
Asia
SoftBank overtakes Toyota to become Japan’s most valuable company
As artificial intelligence reshapes industrial structures in Japan and South Korea, stock market rankings are being redrawn. SoftBank Group has overtaken Toyota Motor to become Japan’s most valuable listed company.
SoftBank shares have surged as the global artificial intelligence rally gathers momentum, lifting the technology conglomerate’s market capitalisation above that of Toyota for the first time in more than two decades.
The shift reflects a broader reordering of Japan’s equity market. Automakers, alongside banks, steelmakers, energy companies and other traditional heavy industries, are losing ground to chipmakers and companies linked to artificial intelligence.
SoftBank shares jumped 14% on Monday, reaching a new record high. The company’s market value climbed to 48 trillion yen, or $301 billion, making it the most valuable company listed on the Tokyo Stock Exchange.
Toyota had long held the top position, with a market capitalisation of approximately 45 trillion yen. The last time SoftBank surpassed Toyota was in March 2000, at the peak of the dot-com bubble.
SoftBank’s rapid rise has been driven by strong earnings performance and its substantial investment in ChatGPT developer OpenAI.
The Japanese company reported net profit of 1.82 trillion yen, or $11.4 billion, for the first three months of 2026, 3.5 times higher than in the same period a year earlier. The group is also increasing its investment in OpenAI, completing a $10 billion investment in April and committing to invest an additional $20 billion later this year. Total investment is expected to reach roughly $65 billion.
According to The Wall Street Journal, OpenAI plans to file for an initial public offering and aims to list in the United States as early as September. Some media reports suggest the company could seek to raise $60 billion through the offering, potentially valuing it at more than $1 trillion. Such a transaction could become the largest initial public offering in history.
Investors expect the IPO to significantly boost SoftBank’s investment gains. Those expectations have helped drive the technology group’s share price higher. SoftBank shares have risen about 127% since early April.
The company is also planning to invest up to 14 trillion yen in the construction of data centres in France.
Asia
China and Serbia agree to expand cooperation in emerging sectors
Chinese President Xi Jinping met Serbian President Aleksandar Vucic in Beijing, where the two leaders discussed bilateral ties and oversaw the signing of multiple cooperation agreements. Xi also awarded Vucic the Friendship Medal of the People’s Republic of China.
The meeting between Xi Jinping and Aleksandar Vucic began with an official welcoming ceremony at the Great Hall of the People in Beijing.
The two leaders then proceeded to formal talks. Xi said China and Serbia had achieved “positive results” since jointly launching the construction of a “China-Serbia community with a shared future in the new era” in 2024.
Xi said the partnership had not only benefited the two peoples but had also set an example for international relations.
The Chinese president described relations between China and Serbia as an “iron friendship” based on deep historical ties and mutual trust.
Calling on both sides to strengthen exchanges, deepen practical cooperation and continue supporting each other on issues concerning their core interests, Xi also said the two countries should align their development strategies and advance cooperation under the Belt and Road Initiative. In this context, he pointed to transport, energy and infrastructure projects.
Xi also called for expanding cooperation in emerging sectors such as artificial intelligence, the digital economy, green energy and advanced manufacturing.
Aleksandar Vucic congratulated China on the start of implementation of its 15th Five-Year Plan. Vucic also expressed confidence in China’s future development under Xi Jinping’s leadership.
The Serbian president said Belgrade attached great importance to relations with China and firmly supported Beijing on issues concerning China’s core interests.
Vucic thanked Chinese companies for their contributions to Serbia’s economic development and infrastructure construction.
Saying the two countries had made notable progress since establishing their comprehensive strategic partnership, Vucic added that cooperation had expanded across numerous sectors.
The Serbian president also praised China’s role in international affairs, saying Beijing approached smaller countries on the basis of equality and respect and defended international law.
Following the talks, the two leaders witnessed the signing of more than 20 cooperation agreements covering politics, trade, science and technology, education, legal affairs and culture.
The two sides also issued joint statements on steadily advancing the construction of a China-Serbia community with a shared future in the new era and jointly supporting the implementation of four global initiatives.
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