Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

Canberra/Washington: There seems to be a new turn in the China-Australia relations, which are already strained, over the last few years. Australia talking tough regarding the issues of the South China Sea and Chinese interference in other countries has prepared to challenge the Chinese domination in the Rare Earth Minerals sector. Talks have already been […]

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China vying for dominance in the semiconductors sector raising concern internationally

China vying for dominance in the semiconductors sector raising concern internationally

Beijing: – Over the last decade, China has taken the lead in various sectors ranging from 5G technology to Artificial intelligence. To strengthen its position, China has focused on the semiconductor sector and it has been revealed that the Chinese companies have even started manufacturing semiconductors. The international community has taken serious cognisance of the […]

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Australia and South Korea sign defence agreement

Australia and South Korea sign defence agreement

Canberra/Seoul: – Australia has initiated rapid steps to increase its defence preparedness against Chinese activities in the Indo-Pacific region. As a part of the same efforts, Australia signed a defence agreement worth AUD 1 billion (approximately USD 720 million) with South Korea. This is the biggest defence agreement signed by Australia with an Asian country. […]

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Chinese team reaches Afghanistan to source Lithium

Chinese team reaches Afghanistan to source Lithium

Kabul/Beijing – A team comprising members of five Chinese companies has reached Afghanistan in search of rare earth minerals worth trillions of dollars. This was reported by China’s official mouthpiece, the Global Times. International analysts have warned that China is trying to find lithium reserves, one of the rarest minerals. China had rushed in with […]

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China can challenge the domination of the USD by globalising Yuan, claim by a former British Minister

China can challenge the domination of the USD by globalising Yuan, claim by a former British Minister

London/Beijing: Former British Minister Jim O’Neill claimed that the Chinese currency Yuan had the capacity of becoming the international currency saying, “The position of the US dollar as the global currency is still intact. There is only one legitimate way to change it. A new long term and the genuine currency has to be created […]

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Chinese to target US companies following Huawei action

Chinese to target US companies following Huawei action

Beijing: China has initiated steps to retaliate against the US action, to stop big Chinese companies, including Huawei. China has formulated new cyber law with a provision that the foreign companies, in the information technology sector, will have to assure national security. The US and European companies have accused the Chinese government,even in the past, […]

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