Canberra: Australia has delivered a severe blow to China, who is trying to exert its influence in the political, economic, education and other sensitive sectors in Australia. The attempt of Chinese industrialist, Huang Xiangmo, a close aide to the ruling Chinese communist party for acquiring Australian citizenship has been thwarted. The Australian media reported that passport […]
Beijing: Leading financial institution JP Morgan has alleged that China, the second largest economy of the world to have slowed down and all the efforts of the Chinese government to provide an impetus have failed. Over the last month, all the indices evaluating the Chinese economic progress have shown negative results. This negative picture of […]
Beijing: The mastermind and advisor to the Chinese government Wang Huning suggested ‘The senior leaders of the communist parties should be cautious regarding the external threats to China. Although the trade war between the United States and China has been stopped for three months, the Chinese military should always remain prepared for the worst scenario.’ […]
Kuala Lumpur/Beijing: Malaysian Minister for Economic Affairs, Azmin Ali, announced the closure of the $19 billion railway project, part of the One Belt One Road (OBOR) scheme, saying, ‘It is beyond the capacity of Malaysia, to support the railway project being implemented by China. Therefore, we have decided to cancel the project completely.’ This Malaysian […]
Beijing: Chinese President, Xi Jinping issued a stern warning ‘There is no threat from China to any country. At the same time, no country is in a position to dictate to the Chinese people what should or should not be done.’ This warning is apparently a message for the United States and indicates that the […]
Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]
Washington: US President Donald Trump has threatened to impose tax on goods worth $ 267 billion imported from China. The implementation of imposed tax on Chinese goods worth $ 200 billion may be announced on short notice and the plan for the subsequent imposition of tax on goods worth $ 267 billion also is ready, […]
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 […]
Beijing: The ruling Communist government in China as well as the Chinese media have consistently claimed that China will not succumb to the pressures of the trade war started by the United States. However in reality, the factors that are considered to be the backbone of the Chinese economy are seen to have been majorly […]
Washington: US President Donald Trump has completed preparations to impose import tax on Chinese goods worth a staggering $200 billion. President Trump has already instructed the administration accordingly, and new sanctions are likely to be announced next week. International analysts claim that the indications by Trump will mark a decisive phase in the trade war […]
