China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.
Monthly Archives For June 2024
‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report
The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says its “inevitable” that China will reverse course and open up to crypto assets.
Pakistan eyes loans, infra deals during PM’s China visit
On the eve of the prime minister’s departure to Beijing, Pakistan decided to make a bullet payment to Chinese power plants for reducing their outstanding dues in a bid to break the ice to secure…
Damning new report finds China lab leak most likely source of COVID-19 — and blames US for funding the dangerous research
A damning new report found that the COVID-19 virus most likely leaked from a Chinese lab — and that the US bears responsibility for pumping tens of millions of dollars into high-risk research on …
Jim Jordan grills Fauci on Chinese research grant: ‘The country would find that amazing’
Rep. Jordan grilled Fauci further during questioning, asking about the theory’s connection to an NIAID grant awarded to a Chinese lab. “No, nothing,” Fauci said.
China’s lunar probe is retrieving samples from the far side of the Moon
China’s Chang’e 6 spacecraft successfully landed on the far side of the Moon — and it plans to bring back soil and rock samples to Earth for the first time. The probe touched down on…
Bearish block trade of CHINA MOBILE(00941) 110K shares at $76.9, $8.459M turnover
[Block Trade] A bearish block trade of 110K shares of CHINA MOBILE(00941) occurred at price of HK$76.9 and turnover of HK$8.459M at 02:59p.m . The last price is up 2.463%. Today’s … [Block Trade] A…
China’s economic model retains a dangerous allure
China was pioneering its own approach to development based on principles of equality, innovation and a relentless focus on sovereignty and national security. This would appeal to lots of developing …
Fauci denies calling lab leak theory a conspiracy: ‘I’ve also been very, very clear’
China. Fauci, the former director of the National Institute of Allergy and Infectious Diseases (NIAID), appeared before the House Oversight Select Subcommittee on the Coronavirus Pandemic Monday. In …
Chinese activists commemorate 35th Tiananmen anniversary as Beijing cracks down on dissent
The story of the June 4 massacre at Tiananmen Square is a point of contention and resistance to Beijing’s control, particularly among the Chinese diaspora.
Ukraine says China is in Russia’s pocket. It may be the other way around.
It’s bad news for Russian President Vladimir Putin, with the Russian gas industry having been badly impacted by sanctions and increasingly dependent on exports to non-Western countries, notably China. China’s leader, Xi, has exploited the…
Biden and Trump share a faith in import tariffs, despite inflation risks
Both candidates’ trade plans focus on tariffs on imported Chinese goods even as economists warn they could lead to higher prices.
Tesla Rivals In China Post Solid EV Sales But ‘Constant’ Price Cuts Seen Eroding Profits
Tesla’s challengers in China reported higher May deliveries over the weekend, helped by promotions and incentives amid the EV price war. BYD stock jumped but its startup peers were mostly fell near …
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