U.S. military support for Ukraine and Taiwan is stretching its thin budget to dangerous levels, and this must change: U.S. allies should do their part to defend themselves, too.
Recent Posts
China’s Property Woes Shown by Drop in Total Amount of Mortgages
China’s home market has continued to contract, with the total amount of money lent out to buy homes shrinking from a year earlier for the first time on record.
Bank of America CEO says China is ‘one of the great risks’ to the economy
Bank of American Chairman and CEO exclusively tells FOX Business that China’s “big, growing” banks and economy is one of the U.S. economy’s biggest threats.
China’s anti-corruption body expels former finance official from Communist Party for magnifying hidden-debt risks, trashing ecosystem
Jiao Xiaoping, once in charge of managing investment with the private sector, magnified hidden-desk risks, engaged in nepotism, accepted gifts, ran businesses on the side, and failed to protect the ecosystem of the Qin Mountains.
China issues local government bonds worth 830.2 bln yuan in June
BEIJING, July 28 (Xinhua) — The value of China’s local government bond issuance stood at 830.2 billion yuan (about 116.38 billion U.S. dollars) in June, according to the Ministry of Finance.
Hydropowered crypto mining gets nod from Kyrgyz president: Report
Kyrgyz President Sadyr Japarov reportedly gave a nod to building a crypto mining farm at a hydroelectric power plant amid the country imposing state of emergency …
Global automakers scramble to reset China strategies as sales slow
For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding their leadership of the world’s biggest auto market to local, upstart brands.
Apple only brand to grow in China as smartphone market slips 5% in 2Q23: Canalys
Canalys: Smartphone shipments in Mainland China fell by 5% year-over-year to 64.3 million units in Q2 2023, as per the research firm.
Foldable phones help this brand beat Apple in the world’s biggest smartphone market
Apple was dethroned from the first spot in China as Vivo, Oppo emerged on top. Apple remains one of the very few smartphone brands to not have a folda …
China accused of using ‘wrecking tactics’ at climate talks
China has obstructed G20 climate negotiations, refusing to debate crucial issues such as methane emissions and reduced use of oil, gas and coal, according to several people familiar with the talks.
India and China Lead the Charge in CBDC Adoption, Finds CFA Institute Survey
CFA Institute survey reveals that India and China lead in CBDC interest, driven by the pursuit of financial inclusion and stability …
Understanding China’s New Measures to Boost Private Investment
New measures to boost private investment in China will seek to promote key projects and provide financial and administrative support.
A rights lawyer who was fleeing China has been arrested in neighboring Laos
A Chinese rights lawyer stripped of his license for taking on sensitive cases has been arrested in Laos while fleeing China