AUD/USD Price Forecast: Stable under 0.7200, near a two-week high after China’s PMI
AUD/USD Overview The AUD/USD pair has been hovering below the 0.7200 threshold, showing limited movement after the latest China Rating Dog Manufacturing PMI report, which indicated a drop to 51.8 in May from 52.2 in April. Currently, spot prices are lingering near the two-week peak achieved on Friday, suggesting they might gain further momentum in […]
China’s Xi Jinping Set to Visit Isolated North Korea
Possible Xi Jinping Visit to North Korea Recent reports from South Korean media suggest that Chinese leader Xi Jinping may be planning a visit to North Korea soon—his second trip to the nation since he took power in China. Some sources indicate that he could arrive in Pyongyang next week. However, both the Chinese and […]
Jim Banks Calls on USTR to Prevent China’s Influence in the U.S. Auto Sector
Sen. Banks Urges Action Against Chinese Influence in North American Auto Sector Senator Jim Banks (R-Ind.) is reaching out to U.S. Trade Representative Jamison Greer, requesting measures to prevent China from infiltrating the U.S. auto industry via Mexico and Canada. This request comes as part of preparations for an upcoming United States-Mexico-Canada Agreement (USMCA) meeting. […]
Rick Scott’s Legislation Aims at China’s ‘Six Little Dragons’ Technology Companies
New Bill Targets Chinese Tech Security Risks On Wednesday, Senator Rick Scott from Florida introduced legislation aimed at requiring national security agencies to assess whether telecommunications gear and services tied to a group of rapidly expanding Chinese tech firms represent an unacceptable risk to U.S. national security or the safety of Americans. If these agencies […]
China’s espionage risk leads to renewed counterintelligence training efforts for Congress
Foreign Influence in U.S. Politics It’s becoming increasingly clear that China is actively seeking to sway U.S. interests and security. Recently, on May 11, the mayor of Arcadia, California, resigned after admitting to functioning as a foreign agent for China. This case serves as a stark reminder of the extensive work foreign intelligence agencies are […]
The United States needs to free itself from China’s control over important minerals before the situation worsens.
The Importance of Critical Minerals in American Life Critical minerals play a vital role in our everyday lives, often without us even realizing it. For instance, when you make your morning coffee, you’re using a coffee maker that relies on copper wiring and silicon chips. And when you grab milk from the fridge, you’re depending […]
LEE CARTER: Trump’s show of strength toward Beijing signals the end of China’s dominance over America
Trump’s Visit to China: A Symbolic Gesture Amid Economic Concerns Few grasp the influence of symbols quite like Donald Trump. He’s not just tough on immigration; he’s literally building walls. And when it comes to taxes, he’s looking to eliminate them on things like overtime and tips, aiming to put more money in workers’ pockets. […]
China’s AI is genuinely artificial – and the US needs to compete against Xi’s zero-sum tech race and appropriated progress.
Even with all the excitement about China’s advancements in artificial intelligence, much of their progress appears to rely on theft and smuggling. The Chinese Communist Party (CCP) is firmly focused on keeping everything under its control. This situation is becoming more apparent as this week’s summit in Beijing approaches, with leaders Donald Trump and Xi […]
Trump likely to urge Xi regarding China’s backing of Iran, officials state
Rising Tensions Ahead of U.S.-China Summit As the summit between President Donald Trump and Chinese President Xi Jinping approaches, the Trump administration is intensifying its stance on China. Officials in the U.S. have raised concerns about what they claim is China’s ongoing economic and material support for Iran and Russia. A senior U.S. official mentioned […]
Paraguay’s President Travels to Taiwan Amid China’s Pressure to Sever Relations
Paraguay’s President Reaffirms Ties with Taiwan Amid Pressure from China During an official visit to Taipei, Paraguay’s President Santiago Peña emphasized the significance of maintaining his country’s relationship with Taiwan. This comes as the Chinese Communist Party continues to exert pressure on Paraguay to switch its allegiance. Peña arrived in Taipei and shortly after, he […]