U.S. Senators Warn of China Using Mexico to Bypass Tariffs
U.S. senators from both parties have warned that China could use Mexico to avoid tariffs through international trade deals and have called on the government to impose tariffs on those imports to protect local industries. In a letter to US President Joe Biden, Senators Marco Rubio (R-FL), Sherrod Brown (D-OH), Mike Braun (R-IN) and Bob […]
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus – Investing.com
Investing.com — Gold prices rose in Asian markets on Friday as the dollar weakened following a big interest rate cut by the Federal Reserve and markets welcomed the prospect of further rate cuts. Among industrial metals, copper prices rose on reports that China, the largest importer, is considering further support for its property market after […]
Ten-Year-Old Japanese Boy Killed in Knife Attack near School in China
A 10-year-old Japanese boy was stabbed by a 44-year-old Chinese man near his school in Shenzhen, China, and died from his injuries on Thursday morning. Wednesday 1931 Mukden IncidentBombing attacks on Japanese-owned railways in China. Japan blamed the Chinese Nationalists for carrying out the attacks, which prompted the Imperial Japanese Army to invade and occupy […]
Olympic judges ignored Simone Biles’ score review that could have given her gold, breaking US tie with China
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‘It breaks us deeply’: anguish as China closes door to foreign adoptions | China
aAmericans Lauren and Harrison Smith met in China as students and discussed adopting a child from China early in their relationship. As soon as they reached the minimum age of 30, the couple packed up their application and requested a tour of the home they shared with their 2-year-old daughter in Kunming, the capital of […]
Putin Orders Russian Army to Add 180,000 Troops, Which Would Make It Second Biggest After China
Russian President Vladimir Putin on Monday ordered an increase of 180,000 troops to the Russian military, bringing Russia's total number of active duty soldiers to 1.5 million, making it the world's second-largest military after China's. The order goes into effect on December 1st. Third Putin has ordered a major buildup of the Russian military since […]
FDNY chief Robert Tucker’s ties to China emerge amid fed probe
The New York City Fire Department's new chief's ties to China are coming to light against the backdrop of a federal investigation into foreign influence on city officials. According to reports, FDNY Commissioner Robert Tucker previously served as president of a private security firm whose one of its clients was a billionaire who once admitted […]
China exerts new restrictions on exports of minerals critical to US weapons making
China has imposed new export controls on a range of minerals, including antimony, which is vital to the U.S. defense industry as a flame-retardant component used in machine bearings, a move that could send defense prices soaring. The little-known metal antimony is used in ammunition, infrared missiles, nuclear weapons and night-vision goggles, as well as […]
Australian Dollar remains subdued due to rising concerns over China economy – FXStreet
The Australian dollar is under downward pressure due to concerns about a worsening Chinese economy. A hawkish view on the Reserve Bank of Australia's policy outlook could limit the Australian dollar's decline. The US dollar is struggling as the likelihood of aggressive policy changes increases. Federal Reserve Interest Rate cut on Wednesday. The Australian dollar […]
China Convicts Hong Kong Man of ‘Sedition’ for Wearing T-Shirt
The man, 27-year-old Chu Kai-pong, pleaded guilty to “sedition” in a Hong Kong court on Monday because he was wearing a T-shirt with a protest slogan on it. Chu is the first person to be convicted under China's new national security law, which was imposed on Hong Kong in March. Chu's crime was wearing a […]