China is taking a major step in its trade war dispute with the US by unloading substantial portions of their holdings in US Treasury bonds. This action, triggered […]
China Advances Quantum AI Research with Breakthrough on Wukong
China continues to lead the charge in artificial intelligence (AI) development, with recent breakthroughs showcasing its prowess in quantum computing. Researchers at the Hefei Comprehensive National Science Centre […]
China Condemns U.S. Tariffs as Harmful to Global Trade
Chinese Foreign Ministry spokesperson Lin Jian has condemned the United States’ imposition of a 125% tariff on Chinese goods, asserting that these tariffs are intended as extreme pressure […]
China Imposes 84% Tariff on U.S. Imports, Yuan Plunges to Multi-Year Low
A new round of trade tensions between the US and China has escalated with Beijing imposing a blanket tariff of 84% on all goods from the U.S., triggering […]
Chinese Yuan Reaches 18-Year Low as Trade Tensions Mount
Facing intensified U.S. tariffs, the Chinese yuan has plunged to its lowest level in nearly two decades, weakening significantly against the US dollar. This latest slide comes amidst […]
China Imposes 84% Tariffs on US Goods: Impact Expected on Global Trade and Markets
China has imposed a significant tariff of 84% on a wide range of U.S. goods, escalating existing trade tensions between the two countries. This move is expected to […]
Trump’s Tariff Pause: Potential Boon for China’s Billionaires in Electronics
President Trump paused tariffs targeting specific Chinese imports, primarily electronics and clothing, as part of ongoing trade negotiations with China. These tariffs were set to take effect on […]
China’s Factories Face Tariff Pressure: Impacts on Production & Employment
Chinese factories are grappling with economic challenges, as tariffs imposed by the United States significantly impact production levels and employment. The situation has raised serious concerns among stakeholders, […]
US Dollar Dips Near Level Tied to Bitcoin Rallies, Speculation on China’s Role Grows
The US Dollar Index (DXY) has dipped below 100, a level historically associated with significant Bitcoin price surges. This move comes amid escalating trade tensions and sell-offs in […]
Van Eck Reveals Rising Use of Bitcoin for Energy Trade by China and Russia
Asset manager VanEck has shed light on an emerging trend: China and Russia are now leveraging Bitcoin for energy trade, signifying a significant shift in the financial landscape. […]
China Imposes 84% Tariff Hike on US Imports, Heightening Trade Tensions
In a significant escalation of trade tensions between China and the United States, China has implemented an additional 84% tariff on U.S. imports. This move follows a long-standing […]
China Yuan Plunges to 16-Year Low: Global Economic Implications Emerge
The Chinese yuan has plummeted to its weakest level since 2007, signaling a significant shift in the global economic landscape. This devaluation raises concerns about its impact on […]
Kevin O’Leary Calls for Increased Tariffs Against China, Predicting Market Impact
Shark Tank investor Kevin O’Leary urged former President Donald Trump to implement increased tariffs against China during a recent public statement. He emphasized the potential benefits of these […]
Treasury Secretary Hints at Removing Chinese Stocks from US Exchanges
Amid rising tensions between the US and China, Treasury Secretary Scott Bessent has suggested that removing Chinese companies from American stock markets is a possibility. While this decision […]
Meta Accused of Assisting China’s AI Development
Meta Platforms Inc. executive Sarah Wynn-Williams alleges Meta has been secretly aiding China in its AI development, raising concerns about the company’s intentions and potential national security risks. […]