China to build island city on the artificial islands in the South China Sea

China to build island city on the artificial islands in the South China Sea

Beijing/Washington: Defying the United States-China has announced the building of an Island city on the artificial islands in the South China Sea. The Chinese administrative official declared that this island city will be used for civilian settlements.  But the United States has objected to this building of Island city accusing that this is a huge […]

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China trying to rope in European countries for One Belt One Road, US and EU oppose the inclusion of Italy

China trying to rope in European countries for One Belt One Road, US and EU oppose the inclusion of Italy

Beijing/Rome: The US National Security Council lashed out at Italy for participation in the OBOR scheme ‘One Belt One Road (OBOR) is a scheme started by China for enhancing its interests. Italy is one of the leading economies of the world and a very important country for investment. Participating in the OBOR, Italy is supporting […]

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US strongly objects to nuclear cooperation between China and Argentina

US strongly objects to nuclear cooperation between China and Argentina

Buenos Aires/Beijing: The United States has reportedly raised strong objections to the possibility of China building a nuclear power plant project in Argentina. Given US displeasure, Argentina has become evasive about signing the final agreement with China for the nuclear project, and a Chinese delegation will be soon arriving in Argentina to discuss the issue […]

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China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]

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China entangling Pacific countries in a debt trap accuses US Ambassador to Australia

China entangling Pacific countries in a debt trap accuses US Ambassador to Australia

Canberra: US Ambassador to Australia, Arthur Culvahouse warned ‘China is implementing a policy of trapping the Pacific countries in the vice-like grip of unsecured loans. Although the funds are attractive and easily available to these countries, it is necessary to understand the conditions attached to the loans thoroughly.’ At the same time, he reminded that […]

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Cyber attacks will culminate into real war, warns Australian Foreign Minister

Cyber attacks will culminate into real war, warns Australian Foreign Minister

Canberra/Beijing: Australian Foreign Minister, Marise Payne issued a serious warning that internet and cybersecurity are becoming a significant and sensitive issue and even a cyberattack can become a cause for a big war. Payne also warned that most countries in the world are faced with the threat of cyberattacks and cyberattacks are being carried out […]

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Freight movement under threat because of Chinese military movements in the South China Sea

Freight movement under threat because of Chinese military movements in the South China Sea

Washington:  Admiral Philip Davidson, Commander of the US Indo-Pacific Command, warned ‘China has increased military movements in the South China Sea with the deployment of destroyers, fighter and bomber jets. Therefore, the international freight movement from this marine region is under threat.’ Admiral Davidson also announced that despite whatever efforts are made by China,the United […]

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Major decline in Chinese economy, downfall in the stock market along with import-export

Major decline in Chinese economy, downfall in the stock market along with import-export

Beijing: Against the background of the trade talks with the United States and the parliamentary session, it has been observed that the economy has received major shocks. Exports, the mainstay of the Chinese economy, have recorded a decline of 20% in February and imports, trade profits and stock markets also have been hit severely. While […]

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Beware of the Chinese debt trap, Malaysian President advises the Philippines

Beware of the Chinese debt trap, Malaysian President advises the Philippines

Manila: The Malaysian President Mahathir Mohammad warned the Philippines that “If you are borrowing vast sums of money from China, beware of falling into its debt trap. The Malaysian President is currently on a visit to the Philippines and China was at the centre of the discussions he held with the Philippine President Rodrigo Duterte […]

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