China purchased 74 tonnes of gold in the last six months, against the background of surge in the gold prices to record high

China purchased 74 tonnes of gold in the last six months, against the background of surge in the gold prices to record high

Beijing: While the indications of the trade war between the United States and China have been flaring up further, China has aggressively started augmenting its Gold reserves. Since December last year, China has been on a gold buying spree and over just six months, has purchased a whopping 74 tonnes of gold. This Chinese purchase, […]

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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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US bans five Chinese companies in the technology sector under the issue of national security

US bans five Chinese companies in the technology sector under the issue of national security

Washington: After declaring an emergency against Chinese companies in the field of technology, the United States has intensified the action further. The US trade department on Friday through its statement announced a ban on five Chinese companies, operating in the super computing sector. The United States has accused one of these companies to be connected […]

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If China usurps the South China Sea, other countries will follow suit, Philippines President Rodrigo Duterte

If China usurps the South China Sea, other countries will follow suit, Philippines President Rodrigo Duterte

Manila: Philippines President Rodrigo Duterte warned ‘If China usurps the South China Sea and claims exclusive rights over it, then the Philippines also will claim rights over the marine sector around it. Moreover, the United States also will claim rights over half the Pacific Ocean.’ A few days ago, a Chinese ship had attacked a […]

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US to build super advanced Drones Armada against the increasing Chinese influence in the marine sector, US Congress report

US to build super advanced Drones Armada against the increasing Chinese influence in the marine sector, US Congress report

Washington: To counter the rising Chinese influence in the marine region, the United States will build super advanced drones armada. This drone armada will be equipped with directed energy weapons meaning Laser, Hypersonic missiles, artificial intelligence (AI) and cyber technologies. This information is revealed in the report released by the US Congress, in the last […]

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Senior Congressman accuses the Chinese government of pressurising its students in the US for espionage

Senior Congressman accuses the Chinese government of pressurising its students in the US for espionage

Washington/Beijing: Senior Congressman, Mark Warner, claimed ‘The Chinese intelligence agencies are threatening families in China itself. The threat issued is that be aware of your son or daughter studying in the United States does not come back or does not get any confidential or important information while returning, your whole family is under threat.’ The […]

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China warns US not to deploy more troops and open Pandora’s Box in Middle East

China warns US not to deploy more troops and open Pandora’s Box in Middle East

Beijing: Chinese Foreign Minister Wang Yi issued a warning to the US, stating, ‘The United States should not open the Pandora’s Box, as anything unexpected can come out of it. The new military deployment of the United States in the Middle East will cause an escalation of the already existing tensions in the region and […]

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Hongkong agitation remains aggressive despite retreat by the pro-Chinese administration

Hongkong agitation remains aggressive despite retreat by the pro-Chinese administration

Hongkong: The agitation in Hongkong has not abated, despite withdrawal by Carrie Lam, the Chief Executive of Hong Kong, over the extradition law. Even after Lam suspended the bill, a whopping one million people took to the streets to agitate, in Hong Kong. While demanding the resignation of Lam the agitators also raised the issue […]

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SCO Summit: Indian Prime Minister Modi holds talks with Russian and Chinese Presidents at Bishkek

SCO Summit: Indian Prime Minister Modi holds talks with Russian and Chinese Presidents at Bishkek

Bishkek: Prime Minister Narendra Modi is participating in the Shanghai Cooperation Organisation (SCO) Summit, at Bishkek in Kyrgyzstan. During the meeting, Prime Minister Modi held bilateral talks with Russian President Vladimir Putin and Chinese President Xi Jinping. China proposed that India should hold talks with Pakistan. However, India dismissed the Chinese proposal on the spot, […]

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