Investigator reveals China tried to smuggle drones to Libya disguised as COVID aid
China, with the help of corrupt United Nations officials, tried to send $1 billion worth of drones to Libyan warlords under the guise of COVID-19 aid, according to Canadian government investigators. New court documents accuse Chinese state officials of conspiring to cover up a $1 billion deal to provide 42 drones to Libya's General Khalifa […]
‘We Have Deepened Our Ties with China’
Treasury Secretary Janet Yellen said in an interview with CNBC on Thursday that U.S.-China relations are “getting closer.” I think our relationship with China has also deepened. ” “In your speech, you mentioned the China risks and the importance of having, or at least building a positive relationship with China. But… During this administration, we've […]
Biden must end our dangerous dependence on China and Taiwan for weapons and ammo
Every day, the United States sends an unconscious message to China that it has no deterrent power. I know my friends and enemies The Pentagon cannot wage war In addition to its stock of weapons and ammunition, the Department of Defense Imports from major enemy countriesChina and its partner at risk of blockade, Taiwan, can […]
China announces new measures to arrest housing slump and boost growth | Chinese economy
China's leaders acknowledged that the central bank's investment stimulus measures this week were likely to be insufficient and vowed to stem the housing market slump and boost growth. China's Politburo pledged the state would make “necessary expenditures” to meet this year's economic growth target of 5 percent, boosting transfers to the poorest and giving local […]
Aussie bounces back today on upbeat China sentiment – ForexLive
AUD/USD daily chart Yesterday, the pair was technically rejected from its June/July 2023 highs near 0.6900, but is expected to bounce back and move higher today following a strong message from the Chinese Communist Party Politburo in support of measures implemented this week to strengthen the Chinese economy. As a result, Chinese stocks have risen […]
GOP senators eye comprehensive China strategy to curb CCP influence
First appearance on FOXRepublican senators on Wednesday introduced a package of measures aimed at taking a comprehensive approach to curbing the Chinese Communist Party's influence in the Western world. Republican Senators Pete Ricketts of Nebraska and Eric Schmitt of Missouri have led several bills in the Senate, each focused on different aspects of Chinese engagement […]
China weighs injecting $142 billion of capital into top banks, Bloomberg News reports – Yahoo Finance
HONG KONG (Reuters) – China is considering injecting up to 1 trillion yuan ($142.39 billion) in capital into the country's biggest state-owned banks to boost their ability to support its struggling economy, Bloomberg News reported on Wednesday. The move is part of a wide-ranging stimulus package introduced by Beijing this week to jump-start China's sluggish […]
Harris Reveals Plans To Boost US Manufacturing, Compete Against China
Vice President Kamala Harris on Wednesday unveiled a comprehensive manufacturing plan aimed at making America more competitive with China. Speaking at the Economic Club of Pittsburgh, Harris detailed plans to increase investment in key sectors such as biomanufacturing, aerospace and emerging technologies like artificial intelligence and quantum computing. According to Harris stressed the importance of […]
Ähtäri zoo in Finland zoo returning pandas to China over costs
A Finnish zoo has agreed with Chinese authorities to return two giant pandas it had been loaning to China more than eight years ahead of schedule, after falling visitor numbers made caring for them too expensive. The privately run Ähateli Zoo in central Finland, about 205 miles north of Helsinki, announced on its Facebook page […]
People’s Liberation Army of China Flexes Muscle with Rare ICBM Test
China's People's Liberation Army (PLA) made a rare announcement on Wednesday that it had successfully tested an intercontinental ballistic missile (ICBM). The missile, carrying a dummy warhead, crashed in what the People's Liberation Army described as an “expected” landing zone in “international waters of the Pacific Ocean.” China Ministry of Defense It is called This […]