THE US ramped up its combat abilities in recent military exercises, sending its strongest signal yet to China that it is prepared to contest Beijing’s sovereignty claims over the South China Sea. ( read original…
Monthly Archives For February 2021
Has China lifted 100 million people out of poverty?
Chinese President Xi Jinping says his country has reached the ambitious goal set when he assumed office in 2012 of lifting 100 million people out of poverty. But what has China actually achieved? ( read…
Beijing to ramp up military budget as tensions rise in Taiwan and South China Sea
CHINA is expected to reveal a massive increase in defence spending next week amid tensions with US and in Indo-Pacific, as Beijing continues to bounce back from the coronavirus pandemic. ( read original story …)
China’s Seniors, Seeking Retirement Homes, Find Scams Instead
Rooms and beds for retirees are in short supply as the population ages, leaving many vulnerable to companies pitching risky investments. ( read original story …)
Op-ed: A digital dollar would help the U.S. and its allies keep China in check
U.S. officials this week offered their most full-throated endorsement yet of a digital dollar. Meanwhile, China has accelerated efforts for a digital currency. ( read original story …)
Why Beijing was right to rein in Jack Ma’s rogue Ant Group IPO
When Alibaba’s Jack Ma asserted in his now-famous Oct. 24 tantrum that “the risk in China is not systemic financial risk, but the risk of a nonexistent financial system,” the system responded by … (…
D-FW man is home after spending months of the COVID-19 pandemic in Wuhan, China
Warren Lee shares his journey to Wuhan, China back to Dallas, Texas. He watches as the United States continues to battle two viruses: COVID-19 and hate. ( read original story …)
CPAC puts a bullseye on China
Donald Trump loomed large over day one of the 2021 Conservative Political Action Conference. Elected Republicans wanting to excite the audience littered their speeches with references to the former … ( read original story …)
Cold War-Era Defense System to Get Upgrade to Counter Russia, China
President Biden asked Canada to ramp up its spending on defense, including an upgrade of Norad, a network of defense satellites and radar in the Arctic, in a bid to counter a growing military presence…
How Will Kyrgyzstan Repay Its Huge Debts To China?
Faced with a struggling economy and few financial lifelines, Kyrgyzstan is feeling the weight of its swelling state debt — a significant proportion of which is owed to China — and considering some … (…
The Latest: Iran expects 250,000 doses of vaccine from China
Iran’s Health Ministry says the country expects to receive 250,000 doses of the Sinopharm vaccine from China on Saturday. Alireza Raisi, deputy health minister, says … ( read original story …)
Why the EU-China investment deal is no free pass for Beijing
US sanctions earned it special access to the Chinese market while disadvantaging European competitors. This levels the playing field.’ … ( read original story …)
NYSE to delist oil giant CNOOC as Biden reviews Trump’s policies on China
and China Unicom (Hong Kong) – that had been present on the US market for nearly two decades. After the initial delisting announcement, the NYSE actually changed its mind at one point, but finally ……