Philippines warns of ‘red line’ with Beijing amid heightened tensions in South China Sea
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US Secretary of Defense Lloyd Austin says war with China neither imminent nor unavoidable
U.S. Defense Secretary Lloyd Austin told a meeting of top security officials on Saturday that war with China is not imminent or inevitable despite rapidly escalating tensions in the Asia-Pacific region, and stressed the importance of renewed dialogue with Beijing to avoid “miscalculation or misunderstanding.” Austin’s remarks at the Shangri-La Defense Forum in Singapore came […]
In ‘punishment drills,’ China stages dress rehearsal of military assault on Taiwan
As China surrounded Taiwan with a massive naval and air armada for a large-scale rehearsal for an attack, Adm. Jon Leonard was being briefed at the Hawaii headquarters of the U.S. Indo-Pacific Command. “Over the past two months, we have seen a significant buildup of ground, air, and operational logistics units in the Chinese Eastern […]
China says Taiwan military drills met goals, warns of further action if provoked
Chinese forces achieved “expected objectives” during a two-day drill around Taiwan and are ready to take further action if provoked. China considers Taiwan its territory and carried out the drills after President Lai Ching-te took office. Taiwan has warned that Beijing is trying to “take away” Taiwanese territory piece by piece with the drills and […]
U.S. Tariffs on China Help Rescue American Textile Companies from Ruin
The tariffs that the U.S. imposed on Chinese imports helped rescue a stranded textile industry in the U.S. that had been devastated by decades of free trade, along with mass layoffs of domestic textile workers. Joseph Ferrara, CEO of Ferrara Manufacturing, said tariffs on Chinese imports have helped revive his New York City, N.Y.-based manufacturing […]
Biden’s Family Got “Interest-Free,” “Forgivable” Loan From China, New Evidence Reveals
President Joe Biden has made waves this fall with his plan to forgive hundreds of billions of dollars of student loans, shifting the burden to taxpayers. Five years earlier, his family cashed in on a zero-interest, forgivable loan of its own from an energy company in communist China, according to evidence in the possession of […]
China Dominates the Market for ‘AI Tutors’ Doing Students’ Homework for Them
The rise of AI-powered homework apps is changing the way students study, posing a major challenge to existing tutoring franchises like Kumon. AI tutors can do homework for students, but they don’t learn anything. An even bigger problem is China’s dominance of the market. TechCrunch Reports In recent years, AI tutors have started to emerge […]
Gold prices steady amid rate jitters, copper flat with China in focus By Investing.com – Investing.com
Investing.com — Gold prices were stable in Asian markets on Wednesday as attention remained on upcoming signals regarding U.S. inflation and interest rates, but a somewhat hawkish outlook for interest rates led traders to remain cautious on the metals market. Among industrial metals, copper prices also remained range-bound as optimism over China’s stimulus measures faded […]
North Korea Condemns China for Supporting ‘Denuclearization’
North Korea on Monday slammed South Korea, Japan and even its backer China for backing the denuclearization of the Korean peninsula during a summit in Seoul. North Korea’s rhetoric was business as usual with South Korea and Japan, but was unusually harsh toward China, which went out of its way to avoid criticizing the North […]
Making The US Dependent on China
It is doubtful a serious student of geopolitics and Chinese history could dispute that China is a rising power. Nor can any serious analyst doubt that China will be at best a rival, at worst, a serious threat to the US. Especially after the recent consolidation of power by Chairman Xi, his public statements, the […]