According to newly released data, China has executed a critical and major shift in how it gives out loans to others. The direction of the loan flow from China has changed markedly, and the name of its biggest current recipient is raising many eyebrows in the world of international credit financing. China is now directing … Read more
President Donald Trump’s preference to cut one-to-one deals with allies and adversaries has been the hallmark of his self-proclaimed dealmaking magic, but with the China trade truce seemingly teetering on collapse, the fragility of such an approach has been laid bare. China’s Ministry of Commerce late Wednesday night New York time unveiled broad new export … Read more
Ranking Member Raja Krishnamoorthi (D-IL) and Chairman John Moolenaar (R-MI) of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party have put forth the No Adversarial AI Act, a bipartisan measure aimed at safeguarding federal agencies from the dangers associated with artificial intelligence technologies that are under … Read more
The Indian market ended lower on Friday, weighed down by a pull-back in high-weight financial and information technology stocks following a rally earlier in the week. The BSE Sensex shed 200.15, or 0.24%, to close at 82,330.59, while the NSE Nifty declined 42.30 points, or 0.17%, to settle at 25,019.80. Here’s how analysts read the … Read more
Beijing: US President-elect Donald Trump‘s plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said. China’s biggest risk … Read more
Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthrough, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of … Read more
Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock – such as a conflict involving China – rather than from domestic economic factors such as higher interest rates. But respondents to a National Association of Business … Read more
Chinese President Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of … Read more
Describing China as an “existential threat” to the US and the world, Indian-American Republican presidential aspirant Nikki Haley has claimed Beijing is “preparing for war”. China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a … Read more
File picture of Taiwan’s Vice President William Lai in Manhattan, New York City, U.S., on August 12, 2023 | Photo Credit: Reuters China launched military drills around Taiwan on Saturday, the day after Taiwan Vice President William Lai returned to Taipei after making two stopovers in the United States as part of a trip to … Read more