China will lose 5.5 million jobs due to the trade war with the US, claim economists

China will lose 5.5 million jobs due to the trade war with the US, claim economists

Washington/Beijing: China will lose out about 5.5 million jobs due to the trade war initiated by US President, Donald Trump, 5.5 million Chinese jobs will be lost, was the sensational claim made by the economists at JP Morgan Chase. Since the last two months, reports of partial collapses in the Chinese economy were being received […]

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China to take over Zambian Airport and its electricity company, after defaulting on loan repayment

China to take over Zambian Airport and its electricity company, after defaulting on loan repayment

Beijing: Zambia is on the verge of becoming the first victim to the Chinese ambition of acquiring the property, infrastructure and natural resources by tightening the noose of huge debts. The Chinese decisions to acquire the Gwadar port in Pakistan and Hambantota port in Sri Lanka against huge loans came under severe criticism from the […]

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While the trade war is raging; China will hold discussions with the US investors

While the trade war is raging; China will hold discussions with the US investors

Beijing: US President, Donald Trump recently announced imposition of taxes on Chinese imports worth $267 billion. China seems to have panicked after this announcement. Therefore, China has organised a meeting of top executives from the US banking and finance sector. The meeting is scheduled to be held on the 16th of September in Beijing and […]

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China ready to increase military cooperation with Iran, announces Chinese Defence Minister

China ready to increase military cooperation with Iran, announces Chinese Defence Minister

Beijing: China is willing to increase military cooperation with Iran ignoring the sanctions imposed by the United States, announced Chinese Defence Minister Wei Fenghe. The Chinese Defence Minister announced increasing the defence cooperation with Iran during the Chinese visit of Iranian Defence Minister Amir Hatami. China had protested against the US sanctions against Iran by […]

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China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]

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Warships from the UK and China confront in the South China Sea

Warships from the UK and China confront in the South China Sea

Beijing/London: Reports have been received of a face-off between British warship, HMS Albion and the Chinese navy in the South China Sea. The Chinese navy tried to intercept the British ship, while sailing through the Paracel island groups region. China has alleged that the voyage of the British warship is in violation of the Chinese […]

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On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

Beijing: ‘It is time for the African leadership to have a brutally honest self-assessment regarding the relationship with China. Is China following the footsteps of the countries that exploited Africa before?’ Daily Nation Kenya. ‘China is 70th in the list of the Per Capita Income and millions of its citizens are still below poverty line waiting […]

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Japan adopts aggressive changes in defence policy to counter Chinese threat

Japan adopts aggressive changes in defence policy to counter Chinese threat

Tokyo: Japanese Prime Minister Shinzo Abe announced that the defensive posture taken by Japan since the Second World War, 70 years ago, will be changed. The Japanese Prime Minister warned that Japan cannot afford to continue with its defensive stance in view of the rising threat from China and North Korea in East Asia. A […]

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Opposition to the Chinese ‘One Belt One Road’ on the rise

Opposition to the Chinese ‘One Belt One Road’ on the rise

Washington/Beijing: While a conference with the African nations has been scheduled to start in the Chinese capital, the opposition to the ambitious project, One Belt One Road (OBOR), planned by President Xi Jinping, is once again on the edge. The international media and study groups have aggressively highlighted the opposition to the OBOR and the […]

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US and Japanese warships hold joint military exercise in South China Sea

US and Japanese warships hold joint military exercise in South China Sea

Tokyo/Washington: Japan and the United States once again posed a direct challenge to the increasing Chinese aggression in the South China Sea. On Friday, the Japanese and US navy conducted joint war exercises in the South China Sea. Prior to the war exercises, US B-52 bombers patrolled the South China Sea. The sequence of events […]

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