The US dollar accounted for about 58 percent of global foreign currency reserves and 88 percent of the daily foreign exchange market turnover as of 2023. However, this dominance creates …
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Ex-CIA official says Trump’s ‘handshake’ deal with China could cut off Iran’s weapons, end conflict
Iran war has rattled US allies, opening a door for Beijing
Beijing races to get satellite hub centre up and ready
China is building a satellite town near Beijing. Here’s when it opens
Beijing’s satellite town to be completed this year as US-China space race heats up
China cautiously stakes out behind-the-scenes role to end Iran war
New Zealand defends military patrol flight near China
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In search of financial autonomy
Proposed US port fees on China-built ships begin choking coal, agriculture exports
By Lisa Baertlein, Karl Plume and Timothy Gardner LOS ANGELES/CARLSBAD, California (Reuters) – President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits …
US-China Trade War Escalates: Retaliatory Tariffs On Agriculture, Energy And Machinery Threaten Global Economy
Starting with steel and aluminium, the Trump administration has imposed tariffs on Chinese exports to the US. China has responded with a variety of countermeasures. China has imposed matching tariffs …
Crypto Transactions Link Chinese Fentanyl Suppliers to Mexican Cartels: Chainalysis
On-chain evidence has tied Chinese labs to Mexican drug distributors, along with the seizure of roughly $5.5 million in crypto.
China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts “at appropriate times.” …
China holds benchmark lending rates steady as expected
China held benchmark lending rates steady for the fifth straight month in March on Thursday, matching market expectations.
What to know about Elon Musk and China with Tesla’s massive ‘Gigafactory’ in Shanghai
Billionaire tech executive Elon Musk’s relationship with party leaders in China is in the spotlight as the trade war ramps up. NBC News’ Janis Mackey Frayer reports on what this means for his …
Queens Businessman Sentenced to Prison for Acting as Agent of China
An Quanzhong, who will spend 13 months behind bars, harassed a resident whom China’s government wanted back home. His conviction was one of several that prosecutors have won against operatives in New …
China executed four Canadians in recent months
Foreign Minister Mélanie Joly said she and former Prime Minister Justin Trudeau asked for clemency in the drug-related accusations involving the dual citizens.
Tether emerges as a key crypto for Russia’s foreign trade.
Recent reports indicate that Russia has been increasingly using the crypto stablecoin Tether (USDT) in international transactions in a bid to circumvent Western sanctions. USDT is a preferred …
China Delays BYD Factory in Mexico Over Concerns Tech Will Leak to American Rivals
According to the Financial Times, authorities in China have delayed approval of a new BYD factory in Mexico over concerns that its electric vehicle technology will be lifted over the southern border.
China is imposing 100% tariffs on Canadian canola tomorrow: Here’s what you need to know
The Chinese government said it will impose tariffs of 100 per cent on canola meal and oil starting on March 20. China will also impose 100 per cent tariffs on peas and 25 per cent…
Exclusive: Proposed US port fees on China-built ships begins choking coal, agriculture exports
President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the …