Chinese Bitcoin treasury company plans to sell $500M worth of shares for Bitcoin
Next Technology Plans to Sell $500 Million in Stock to Acquire Bitcoin Next Technology Holding, recognized as the largest corporate Bitcoin financing company in China, has announced its intention to sell as much as $500 million in common stock. The funds will be used primarily to purchase more Bitcoin, along with other potential purposes. The […]
Chinese yuan strengthens against the dollar but weakens against other currencies: what’s causing the difference?
There might still be a chance for a resurgence against China’s original currency as Beijing continues to lift its value. Yet, it seems the decline of the original against other major currencies is not being driven by new trade tensions. The offshore yuan gained about 3% against the dollar this year as the US dollar […]
Chinese Communist Party Members Are Learning at Colleges Close to You
Members of the Communist Party of China (CCP) living in the U.S. have set up overseas party branches on American campuses, with some backing from a Chinese university, according to findings from a survey. The announcement reveals that CCP affiliates from two Chinese institutions have established branches at Oklahoma State University (OSU), University of Nebraska-Lincoln […]
Trump is emulating Chinese state capitalism and there’s no turning back.
Recently, the Trump administration and Nvidia came to an unexpected agreement regarding the export of AI chips that the company had initially lost access to. Essentially, President Trump overturned a previous decision made by his administration that had categorized NVIDIA’s H20 and AMD chips as non-security risks. This reversal also reintroduced a 15% tax on […]
Chinese State Media Expresses Worry Over ‘Gun Violence’ Following Charlie Kirk’s Assassination
On Thursday, China’s state-run Global Times aimed to leverage the assassination of Charlie Kirk, referring to “Chinese analysts” who argued that the killing underscores how solutions to gun violence are still elusive. Chinese Communist publications often pick and choose political excerpts from Associated Press reports, like those trying to shift blame towards the Democrats. This […]
Democrat cautions about Chinese peacekeepers in Ukraine
Concerns Over Trump’s Proposal for Chinese Peacekeepers in Ukraine Democratic lawmakers scrutinizing US-China relations have raised alarms about a proposal attributed to former President Trump, suggesting that Chinese troops could act as peacekeepers following a ceasefire between Russia and Ukraine. Representative Raja Krishnamoorthi (D-Ill.), who serves on the House Selection Committee on the Communist Party […]
Hegseth makes first call to Chinese counterpart during tensions
First Call Between U.S. and China Defense Leaders On September 9, Secretary of Defense Pete Hegseth had his inaugural conversation with his Chinese counterpart, Admiral Dong Jun. This call seems to mark a significant moment in U.S.-China relations as both nations navigate complex geopolitical waters. According to Sean Parnell, the Pentagon’s chief spokesperson, Hegseth emphasized […]
Chinese State Media Features LeBron James in Edited Interview
LeBron James’ Article Sparks Controversy On Monday, the Chinese Communist Party’s official newspaper, People’s Daily, published an article featuring the signature of NBA star LeBron James. This has drawn attention amidst claims from several prominent Western media outlets describing it as an “op-ed” attributed to James. The article appears to discuss the substantial financial potential […]
Gunmen in Nigeria Take Chinese Workers Hostage, Boko Haram Destroys Village
In southern Edo state, Nigeria, a convoy was ambushed on Friday by gunmen, resulting in the deaths of eight security guards and the kidnapping of five Chinese workers associated with a local cement firm. In a separate incident, Boko Haram unleashed violence in northeastern Nigeria, killing numerous civilians in a harrowing door-to-door attack. The convoy […]
Chinese Hackers Pretended to Send Emails from Senior Republican
The FBI and Capitol Police are looking into a series of deceptive emails sent to House staff by Chinese hackers impersonating Rep. John Moolenaar (R-MI), who chairs the House Selection Committee on US-China strategic competition. An article from the Wall Street Journal highlighted that this email was dispatched to Moolenaar’s committee staff and then circulated […]