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Trump Plans 'Big Deals' To Offset China's Belt And Road Initiative: US Wants To 'Reverse All Of That', Says Rubio
Friday, February 28, 2025 - 3:14am | 571In an attempt to counter China’s Belt and Road Initiative, President Donald Trump is planning to strike ‘big deals’, as per Marco Rubio, the U.S. Secretary of State. What Happened: Rubio announced that Washington is seeking to ‘reverse’ projects that boost Beijing...
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Xi Jinping's Supportive Appearance Sparks Chinese Tech Rally For Second Day: Alibaba, Xiaomi Surge Over 4% On Hong Kong Exchange
Tuesday, February 18, 2025 - 1:37am | 418Chinese technology stocks extended gains Tuesday, as investors continued to react to President Xi Jinping‘s supportive stance toward the private sector demonstrated at Monday’s high-level business symposium. What Happened: By 11:59 a.m. Hong Kong time, the Hang Seng Index had surged 2.5...
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Trump 'Looking At' 10% Tariff On China Starting Feb. 1
Wednesday, January 22, 2025 - 11:02am | 473President Donald Trump told reporters late Tuesday that he is considering a 10% tariff on goods from China that could take effect as soon as Feb.1. "We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl to Mexico and Canada," the president said on...
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Supreme Court Upholds TikTok Ban Ahead Of Trump's Inauguration: Necessary For 'Well-Supported National Security Concerns'
Friday, January 17, 2025 - 12:19pm | 942The U.S. Supreme Court has upheld a ruling that TikTok will be banned in the country unless parent company ByteDance sells off the American portion of the business. What Happened: In a unanimous decision, the Supreme Court issued its ruling that TikTok is set to be banned on Jan. 19, ending access...
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Trump, Xi Talk Trade, TikTok, Peace In First Call Since 2021
Friday, January 17, 2025 - 12:12pm | 530President-elect Donald Trump on Friday engaged in his first conversation with China’s President Xi Jinping since his departure from the White House in 2021. This interaction comes just days before a senior Chinese official is scheduled to visit Washington. What Happened: According to a...
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Elon Musk's Starlink Faces New Competition As Chinese Satellite Firm Spacesail Enters Brazilian Market
Thursday, November 21, 2024 - 9:38am | 474A Chinese state-backed company, Spacesail, is preparing to launch a satellite service in Brazil, posing a challenge to Elon Musk‘s SpaceX operated satellite service, Starlink. This announcement aligns with Chinese President Xi Jinping‘s visit to Brazil, where he signed an upgraded ...
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Xi Jinping Tells Joe Biden: China Is 'Ready To Work With' Trump As Tariff Threat Looms
Saturday, November 16, 2024 - 11:50pm | 611Chinese President Xi Jinping has expressed China’s willingness to collaborate with the U.S. government, regardless of the administration in power. This statement comes amid the ongoing U.S.-China tensions and the impending return of Donald Trump to the White House. What Happened: In a meeting...
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China May Benefit From Trump's Return To White House Despite His Tariff Plans, Says Expert: 'Short-Term pain, But Potentially Long-Term Strategic Gain'
Sunday, November 10, 2024 - 11:05pm | 548China may view President-elect Donald Trump’s return to the White House as an opportunity for strategic advantage despite immediate economic challenges, according to a leading China expert. What Happened: Elizabeth Economy, a senior fellow at the Hoover Institution, told Bloomberg TV that...
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Xi Jinping Courts US Allies To Counter Trump's Trade Threats: Report
Sunday, November 10, 2024 - 1:50am | 599In response to President-elect Donald Trump’s threats to isolate Chinese goods from the U.S. market, China is reportedly seeking to engage U.S. allies in Europe and Asia to mitigate the potential impact on its economy. What Happened: Trump’s campaign promise to impose tariffs of up to...
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Xi Jinping Reportedly Urges Biden To Alter US Language On Taiwan
Tuesday, October 29, 2024 - 4:01am | 469Chinese President Xi Jinping reportedly urged U.S. President Joe Biden to adjust the language used by the United States concerning Taiwan’s independence. This request was made during a meeting near San Francisco last November. What Happened: Xi’s aides have persistently followed up on...
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Russian President Reportedly Asked Elon Musk To Restrict Starlink Services Over Taiwan As A Favor To Xi Jinping
Friday, October 25, 2024 - 9:38am | 521Elon Musk, the world’s richest person and a pivotal figure in U.S. space exploration, has reportedly been in regular communication with Russian President Vladimir Putin since late 2022, What Happened: Wall Street Journal reported. These discussions have spanned personal, business, and...
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Volkswagen Executive Deported From China After Positive Cannabis Test
Tuesday, October 22, 2024 - 10:35am | 511Volkswagen's (OTCPK:VWAGY) chief marketing officer and head of product strategy for China, Jochen Sengpiehl, was deported from China after testing positive for cannabis during a mandatory customs drug test. The test was conducted after Sengpieh's return from a vacation in Koh Samui, Thailand. After...
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Billionaire Investor Ray Dalio Urges Xi Jinping's China To Implement This To Prevent Debt Crisis: 'They Have The Willingness To Do That'
Friday, October 18, 2024 - 6:49am | 795Ray Dalio, the founder of Bridgewater Associates, has called on Xi Jinping‘s China to adopt a “beautiful deleveraging” strategy. This comes in the wake of China’s recent stimulus measures, which Dalio believes should be complemented with this strategy to avert a potential...
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Kim Jong Un And Xi Jinping Vow To 'Write A New Chapter' In China-North Korea Cooperation: 'Develop The Friendly And Cooperative Relations...As Required'
Sunday, October 6, 2024 - 12:06am | 442The leaders of China and North Korea have pledged to enhance their bilateral cooperation on the occasion of the 75th anniversary of their diplomatic relations. What Happened: Chinese President Xi Jinping has expressed his commitment to the development of China-DPRK relations in a message to North...
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Ray Dalio Sees Potential For 'Beautiful Deleveraging' In Xi Jinping's Economic Strategy For China
Thursday, October 3, 2024 - 1:34am | 660In a recent LinkedIn post, billionaire investor Ray Dalio, founder of Bridgewater Associates, offered his insights on China’s economic future, suggesting the country stands at a critical juncture. What Happened: Dalio’s analysis comes in the wake of significant policy announcements by...