China
China launched large live‑fire military exercises around Taiwan on Monday, simulating a blockade of ports and testing naval, air and rocket forces, following U.S. approval of a major arms sale.
Investors shifted into non‑U.S. equities in 2025, leaving U.S. stocks behind as foreign markets rallied on Chinese AI advances and trade‑war-driven realignments.
China began large military exercises around Taiwan, dubbed "Mission Justice 2025", which Beijing said were a warning to "separatist" forces and the first major drills since April.
China conducted unprecedented military exercises around Taiwan, which Beijing said were a "serious warning" to separatists and external supporters, and Taipei condemned the maneuvers.
Silver prices plunged in global markets, posting their biggest one-day decline in nearly five years after surging past $80 as investors took profits and the rally unwound.
Chinese automaker BYD sold more battery-electric vehicles worldwide than Tesla in 2025, overtaking the U.S. company to become the global leader in EV sales.