Washington/Beijing – Ron Insana, an analyst from the United States, has warned that the crackdown on its own big companies by the Chinese ruling communist regime could undermine China’s position as an economic superpower. China is the world’s second-largest economy, and the ruling communist regime is threatening the “business model” that led to its rise, […]
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Colombo – Sri Lanka, which has borrowed heavily from China, faces a massive financial crisis. Sri Lanka’s foreign exchange reserves have fallen sharply, with only three months’ worth of foreign reserves remaining. This has led Sri Lanka to impose restrictions on imports of various commodities. According to some reports, Sri Lanka also has no money […]
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New Delhi – The Chinese soldiers deployed near the Line of Actual Control (LAC) in Ladakh could not cope with the Ladakh winter. Therefore, the Chinese military was forced to withdraw more than 90% of its soldiers, replacing them with fresh soldiers. As per received reports, this had become a daily exercise for the Chinese […]
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Washington: US Trade Representative claimed that the taxes imposed on the Chinese goods during former US President Donald Trump’s tenure would not be withdrawn. US Trade Representative Katherine Tai said that withdrawal of China’s taxes could negatively affect the US economy. While indications of a softer stand regarding China are being received from the Biden […]
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Taipei: – China is using the ‘Carrot and Stick’ policy to make Palau sever its ties with Taiwan. But Surangel Whipps, President of Palau, assured that Palau would never sever its relations with Taiwan despite the Chinese pressure. President Whipps is on a visit to Taiwan with his delegation. US Ambassador to Palau, John Hennessey-Niland, is a […]
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New Delhi: The Organisation for Economic Cooperation and Development (OECD) claimed that India would emerge as the fastest growing economy globally, with a growth rate of 12.6%. A few months ago, this institute had predicted that the Indian economy would grow at 7.9% during the year 2021-22. But the prediction has been revised. The government’s […]
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Washington/Beijing: – US President Donald Trump has sharpened the edge of diplomatic actions against China. US State Department announced that the visa regulations for the Chinese officials are being made more stringent. Before that, the US commerce department published a Military End-User List, containing names of 58 Chinese companies and the US companies will not […]
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Beijing: – The Chinese banking sector is rocked because of the activities of the companies of Chinese billionaire Jack Ma. It has been exposed that more than USD 230 billion have been distributed in loans through the ANT Group, one of the leading e-commerce and financial technology companies. Distribution of loans is primarily a banking […]
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Washington/Beijing: The United States has started a spate of decisions to stop the Chinese activities for global domination. Two days ago, the United States imposed restrictions on the visas to be issued to the members of the communist party of China. Thereafter, the US defence department announced that four Chinese companies have been blacklisted. The […]
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Washington – The United States has imposed sanctions against Russian and Chinese companies for supplying sensitive technology, to the Iranian missile program. US Secretary of State, Mike Pompeo gave information regarding this on Friday. This is the second instance of imposing sanctions against Iran, in the last 10 days. In the last week, sanctions were […]
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