US Treasury Secretary Scott Bessent has warned in recent days that the US would have to refund around “half” the tariff revenue it has collected if the Supreme Court rules the pre …
FINANCE
Trump urges EU to impose 100% tariffs on India, China to pressure Russia
Trump urged the EU to impose 100 per cent tariffs on China and India, pressing for a joint transatlantic effort to cut Russia’s oil revenues and intensify economic pressure on Vladimir Putin.
China’s Currency Coup: How Beijing is targeting America’s wallet and future
China’s military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to undermine the U.S. dollar’s dominance.
COMMENT: Putin’s pivot to China cements Russia’s vassalage to Beijing
By Ben Aris in Berlin When Donald Trump declared that Joe Biden had made the “unthinkable” mistake of pushing Moscow into Beijing’s arms, the US president suggested their partnership was inherently …
China and Russia relations dip as financial footing worsens amid Trump tariffs ternsions
China’s exports to Russia fell 16.4% in August compared to last year, data from China’s customs agency reveal.
Farmer says ‘we’re in a very dire situation’ ahead of harvest—with zero soybean orders from China, historically the largest buyer
Caleb Ragland, a Kentucky farmer and president of the American Soybean Association, is warning of an agricultural crisis as China has placed zero soybean orders for the upcoming harvest. It’s a …
Ex-Vice President at Bank of China Under Investigation, State Media Reports
BEIJING (Reuters) -Former vice-president at the Bank of China, Lin Jingzhen, is under investigation over a suspected violation of law and discipline, state television CCTV reported on Tuesday.
CGTN: China calls on BRICS countries to jointly defend multilateralism
CGTN published an article highlighting China’s call for BRICS countries to defend multilateralism. It outlines President Xi Jinping’s proposals on multilateralism, openness and cooperation at the …
China’s Concrete Empire in South America
Beijing is gradually linking South America together with its massive investments in infrastructure—right under Washington’s nose.
Russia’s Rosatom says planning to sell renminbi bonds in China
Confirmation of nuclear monopoly’s plans come as Beijing opens way for first Russian ‘panda bond’ sales since 2017 …
China Launches Corruption Probe Into Former Securities Regulator
Yi Huiman, who once headed the China Securities Regulatory Commission and the world’s largest bank, faces investigation for “serious violations of discipline and law.” …
‘And India gets hit with US sanctions’: Top economist calls out irony as China reopens bonds for Russia
According to the Financial Times, Beijing is preparing to let Russian companies issue renminbi-denominated “panda bonds” in its mainland market for the first time since 2017.
China’s rate-cut outlook in doubt as stock rally stirs concern
BEIJING] Angst inside China’s halls of power over a massive stock rally risks delaying another major round of monetary stimulus, pushing the central bank further to the sidelines as Beijing tries to …