Treasury Secretary Scott Bessent Discusses Reducing Risks in Our Trade with China
Treasury Department’s Take on U.S. Reliance on China for Critical Industries In a recent discussion, Treasury Secretary Scott Bessent shared insights with Breitbart Business Digest, emphasizing the Trump administration’s commitment to reducing America’s reliance on China for essential materials and medicines. He referred to this initiative as “reclaiming our sovereignty.” During a conversation held in […]
Trump agrees to visit China after a positive phone conversation with Xi.
Trump’s Upcoming Visit to Beijing Announced WASHINGTON – President Trump revealed on Monday that he plans to travel to Beijing in April, following what he described as a “very good” conversation with Chinese President Xi Jinping. The two leaders have maintained a trade truce, which continues after Xi’s commitment on October 29 to combat fentanyl […]
Bitcoin mining in China recovers despite the 2021 ban.
China’s Bitcoin Mining Recovery Bitcoin mining in China is experiencing a quiet resurgence, despite the ban imposed four years ago. Individual and corporate miners are capitalizing on the country’s cheap electricity and a surge in data centers, particularly in energy-rich regions, as illustrated by various mining and industry data. Previously, China held the title of […]
Two Americans and two Chinese individuals charged with unlawfully exporting advanced Nvidia AI chips to China
Two Americans and two Chinese nationals were apprehended for allegedly exporting Nvidia AI chips to China, which breaches export regulations and poses a threat to national security. The Justice Department revealed that the Americans involved are Hong Ning “Matthew” Ho, aged 34 from Tampa, Florida, and Brian Curtis Raymond, 46 from Huntsville, Alabama, both of […]
Two Chinese Nationals Collaborated with Americans to Illegally Export Nvidia AI Chips to China
The Justice Department has decided to dismiss charges against two Chinese individuals linked to an alleged conspiracy with two Americans to illegally export Nvidia and HP chips to China, violating U.S. export laws. According to the Ministry of Justice, the charges highlighted the involvement of three Chinese men, Hong Ning-Ho, Chum Li, and Jing Chen, […]
China surpasses the U.S. to become Germany’s leading trading partner.
Germany’s trade dynamics have shifted significantly, with imports from communist nations rising sharply, allowing China to once again surpass the United States as Germany’s top trading partner. China initially took this position in 2016 during Angela Merkel’s globalist administration and maintained it until 2023, when the U.S. briefly reclaimed the lead. However, in the first […]
U.S. forms AI Infrastructure Coalition to surpass China in the AI competition
The AI Race and America’s Place in It Otto von Bismarck once remarked that “God has a special providence for fools, drunkards, and the United States.” Historically, he had a point about the last part. Throughout much of the 20th century, the U.S. leveraged its vast resources, entrepreneurial spirit, and a system that celebrates innovation […]
The U.S. Owes More Money to China Than Any Other Country — Due to Amazon, Disney, and Tesla
The report, released Tuesday, aid data A lab at the College of William and Mary in Williamsburg, Virginia, found that the United States is the largest recipient of loans from China. According to research, which refers to the publication “Following China: Learning to follow Beijing’s global lending rules,” from 2000 to 2023, 1,193 Chinese banks, […]
China Supports Venezuela, Urging U.S. to Shift from Anti-Drug Actions to Standard Policing
During a regular press briefing on Wednesday, China’s Foreign Ministry denounced “external interference in Venezuela’s internal affairs” and urged the United States to prioritize “normal law enforcement” instead of military action to combat organized drug trafficking in the Caribbean. While China has no direct geographic involvement in the drug trafficking issues affecting the Western Hemisphere, […]
China detains 18 church leaders in action against religious freedom
Chinese Authorities Arrest Leaders of Zion Underground Church On Tuesday, 18 leaders of the Zion Underground Church were arrested by Chinese authorities. Since mid-October, around 30 pastors and staff have been detained without formal charges. Zion Church operates as an underground or “house church,” which means it isn’t recognized or controlled by the Chinese Communist […]