Trump Mocks Supreme Court Over China’s ‘Major Birthright Citizenship Victory’
Trump Comments on Supreme Court Birthright Citizenship Ruling President Donald Trump reacted to the Supreme Court’s decision to reject his push for changes to birthright citizenship, humorously congratulating Chinese leader Xi Jinping and China. In a post on Truth Social, Trump remarked, “I would like to congratulate President Xi Jinping and the great nation of […]
Australian Dollar falls before RBA Meeting Minutes and China’s PMI data
The AUD/USD pair dropped for a third consecutive day on Tuesday, hovering around 0.6870 during the Asian session. The Australian dollar is under pressure as the US dollar shows signs of weakening, driven by growing hawkish sentiment regarding the Federal Reserve’s policy outlook. Traders are now keeping an eye on the upcoming minutes from the […]
Chinese Yuan: China’s economic slowdown affects CNY compared to US Dollar
Analysts from Commerzbank, Charlie Ray and Dr. Henry Hao, noted a slowdown in China’s industrial profit growth, which reached 21.1% year-on-year in May. This decline, attributed to weak consumption and investment, signals a loss of momentum. They anticipate that the official PMIs for both manufacturing and non-manufacturing will begin to contract, even though Bloomberg’s consensus […]
US takes steps to compete with China’s control over rare earth minerals through Congo mining agreement
U.S. Supports Mining Operations in the Democratic Republic of Congo JOHANNESBURG – In a significant move to challenge China’s stronghold on the rare earth minerals industry, the U.S. government has thrown its support behind Virtus Minerals, an American company, which is working on two major mines in the Democratic Republic of Congo (DRC) focused on […]
US Expresses Worry Over China’s Access to Leading Chip Production Technology
Concerns Over Semiconductor Technology and China The Trump administration is reportedly worried that advanced semiconductor manufacturing equipment from Europe may have reached the Chinese government. Commerce Secretary Howard Lutnick recently discussed his concerns with semiconductor company ASML about the potential sale of one of its chip printing machines to China. This information comes from sources […]
Jeff Gerrish: Strategies to Counter China’s Hidden Advantage
China is advancing weapons that could incapacitate the United States without any military action. They have gained a significant foothold in global drug development, and now, their influence over medical innovations that Americans rely on is notable. Currently, Chinese firms are behind nearly a third of all drugs in development, and they’ve recently overtaken the […]
New Zealand drops to close to 0.5800 as China’s retail sales miss expectations
The NZD/USD pair saw a dip to approximately 0.5810 during the Asian trading session on Tuesday. This decline in the New Zealand dollar (NZD) against the US dollar (USD) was triggered by disappointing economic data from China. Many are now looking ahead to the US Federal Reserve’s interest rate decision expected later on Wednesday. According […]
China’s flashy and awkward Maextro S800 is not a Rolls-Royce.
Maextro S800: A Chinese Alternative to Rolls Royce It seems that the Maextro S800, a new vehicle from China, is aiming high—essentially trying to be a Rolls Royce for the masses. Self-parking cars are quite a clever engineering feat. Interestingly, most Rolls Royce owners prefer hiring a chauffeur for that task. The Maextro boasts a […]
Sen. Tom Cotton asks the DOJ to investigate China’s involvement in a campaign targeting US AI.
Senator Calls for Investigation of Foreign Influence on AI Policy In a letter retrieved by Fox News Digital, Senator Tom Cotton has urged the Justice Department to launch an investigation into a covert campaign purportedly linked to China. This campaign aims to undermine the United States’ rapidly expanding artificial intelligence (AI) infrastructure. Senator Cotton, a […]
China’s development of humanoid robots is a national security alert for the United States.
The Rise of Humanoid Robots: A National Imperative In the coming decade, we could see humanoid robots in nearly every American home and workplace. They would be capable of hearing and seeing everything around them. But this brings up an important question: will these robots be American or Chinese? It’s crucial for the United States […]