China Says BRICS Nations Will Push Back Against Trump Tariff Threat
Chinese Foreign Ministry Spokesperson Lin Jian said on Tuesday that China expects members of the BRICS economic bloc to push back against President-elect Donald Trump's tariff threats. “As an important cooperation platform for emerging market and developing countries, BRICS advocates openness, inclusiveness and win-win cooperation rather than conflict between blocs, and is not targeting any […]
LiAngelo Ball recalls being arrested in China for shoplifting sunglasses from Louis Vuitton store
LiAngelo Ball, the younger brother of NBA stars Lonzo Ball and LaMelo Ball, talks about when he and two other UCLA players were arrested in China in 2017 for stealing designer sunglasses. Ta. Ball, 26, was traveling with the UCLA men's basketball team when he went to a Louis Vuitton store next to the team's […]
Illegal immigrant from China shipped weapons to North Korea from California: DOJ
The Department of Justice alleges that illegal immigrants from China transported weapons from California to North Korea. According to a new federal indictment filed in the Central District of California, Wen Shenghua and other unnamed co-conspirators “hid firearms and ammunition in shipping containers and transported at least two shipments. “We succeeded in exporting it to […]
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the US amid heightened trade tensions after the US imposed new restrictions on exports of certain semiconductor chips and equipment to China earlier this week. . The new directive from China's Ministry of Commerce applies to minerals, including those with potential military uses, such as gallium, […]
China’s yuan hits lowest level in months as Trump tariff threats roil currencies – South China Morning Post
Onshore and offshore yuan hit multi-month lows against the US dollar as Donald Trump's re-election as US president heightened concerns about broader trade tensions and punctured China's currency's previous strength. It fell to As of Tuesday morning, the offshore yuan had fallen by about 0.39% to 7.3148 yuan to the dollar, below the benchmark of […]
US issues new restrictions on chip manufacturing exports to China
The Biden administration on Monday imposed new restrictions on exports of certain semiconductor chips and equipment to China, marking the Biden administration's latest crackdown to curb competitive advances in the country's semiconductor manufacturing. New export controls put more than 100 Chinese chip-making tool makers on a restricted trade list, prohibiting U.S. companies from sending equipment […]
Mexico’s growing flirtation with China poses challenges for Trump 2.0
last month's Brazil's G-20 introduced Mexican President Claudia Sheinbaum's dilemma: how to manage how Mexico strikes a balance between the United States and China while avoiding conflict with the incoming Trump administration. In January 2025, as President-elect Donald Trump returns to Washington to try to resume his administration's last remaining ties with Mexico, Sheinbaum will […]
China Discovers World's Largest Gold Deposit Near Existing Mines – OilPrice.com
Chinese scientists have discovered a “super-giant” deposit of high-grade gold ore hidden near the country's existing gold mines. vast reserves, It may be the largest single reservoir of precious metals left anywhere on Earth. It could eventually become the world's largest known precious metal deposit, valued at more than $80 billion. as live science reportA […]
Largest gold deposit in the world worth $83 billion found in China
What is said to be the world's largest gold deposit has been discovered in China, state broadcaster Xinhua News Agency said. According to Reuters, gold reserves are worth 600 billion yuan, which is equivalent to $83 billion. The discovery was made by geologists from the Hunan Provincial Geological Research Institute about 19 miles below the […]
China promises ‘countermeasures’ to US arms sale to Taiwan
China's Foreign Ministry slammed the United States and Taiwan on Sunday after the U.S. State Department approved a $385 million arms sale to Taiwan. Chinese officials also criticized the United States for approving Taiwanese President Lai Ching-de's visit to Hawaii and the U.S. territory of Guam. China considers Taiwan to be its own sovereign territory […]