New Zealand Dollar strengthens as China’s trade surplus reaches a five-month peak.
During the Asian trading hours on Monday, buyers showed interest in the NZD/USD pair around 0.5785. The New Zealand dollar has been losing ground against the US dollar following recent trade balance data from China. Attention is now shifting toward the upcoming interest rate decision by the US Federal Reserve on Wednesday. The data released […]
When is China’s trade balance, and how might it impact AUD/USD?
In November, China’s trade balance reached 792.57 billion yuan, marking an increase from 640.4 billion yuan in the previous period. Exports saw a dip of 0.8% in October but rose by 5.7% in November compared to the same month last year. During this time, imports also grew by 1.7% year-on-year, slightly above a previous peak […]
Taiwan Prohibits Communist China’s ‘Little Red Book’ App Due to Online Shopping Scam
Taiwan’s Criminal Investigation Bureau (CIB) announced on Thursday that access to the Chinese Communist Party’s RedNote app will be blocked for at least a year due to numerous complaints about online shopping scams. The CIB noted that they’ve looked into over 1,700 fraud reports linked to RedNote in the past year, amounting to around $7.9 […]
South African bank is the first on the continent to connect with China’s cross-border payment system.
Standard Bank Approved for CIPS Services at Lujiazui Forum Standard Bank has received the green light to offer CIPS services, a move announced during the Lujiazui Forum in Shanghai, scheduled for June 2025. The official launch of this merger took place at a gathering organized by the South African Reserve Bank, which saw participation from […]
China’s Focus on Neglected Area of Africa Should Worry the US
Washington seems to be neglecting its interests in Africa, potentially facing a strategic setback. While U.S. officials are caught up in discussions about “supply chain resiliency,” China is swiftly investing in crucial infrastructure to gain control of essential minerals. The Lobito Corridor is the last major shipping route in sub-Saharan Africa not dominated by China, […]
Trump talks with China’s Xi
Trump and Xi Discuss Trade and Future Meetings President Donald Trump recently had a conversation with Chinese President Xi Jinping. In a post on Truth Social, Trump mentioned that their discussion was quite positive. Topics included trade relations, the conflict in Ukraine, and plans for a potential trip to Beijing in the spring. Trump expressed […]
US strives to challenge China’s dominance in rare earth minerals due to security issues
Mountain Pass Mine: A Shift in Rare Earth Dependency Located at the edge of California’s Mojave Desert, Mountain Pass Mine may look like any barren stretch of land, but it has played a crucial role for decades. This site has been a key producer of rare earth elements essential for modern technology and, by extension, […]
China’s stock market continues to rise despite clear signs of economic stress.
There’s a renewed interest in Chinese investments among foreign investors, especially in international financial hubs. Once deemed “uninvestable,” China’s stock market has seen a staggering increase in offshore investments—up nearly 444% from January to October compared to last year, according to the Institute of International Finance. However, this trend has sparked skepticism. Rana Foroohar from […]
We Are More Exposed Than Ever to China’s Serious Threats
Assessing Vulnerabilities to China There’s a growing need to evaluate our nation’s exposure to Communist China. This isn’t just an abstract concern; the urgency is becoming clearer with recent events. For instance, reports indicate that Chinese-made buses are equipped with a “kill switch,” allowing remote control to stop them. The UK is now inspecting these […]
Concerns arise over possible F-35 fighter jet sales to Saudi Arabia due to China’s influence.
Concerns are growing over China’s attempts to steal U.S. military technology, particularly regarding the potential sale of F-35 jets to Saudi Arabia, as highlighted by experts and retired military officials. Retired General Charles Wald, who once served as a deputy commander of EUCOM, noted that the U.S. has already denied the United Arab Emirates and […]