CHINA

Ukraine Sanctions Chinese Firms As Zelenskyy Accuses China Of Backing Russia

18 Apr 2025

The country sanctioned three Chinese firms on Friday, days after President Volodymyr Zelenskyy accused China of exporting arms to Russia. The sanctions step up the rivalry just one day after President Zelenskyy accused the government of collecting evidence linking Beijing to Moscow weapons supply. The sanctioned entities, listed in an...

Nvidia in the Crosshairs: Faces .5 Billion Blow as Trump Targets China Ties

Nvidia in the Crosshairs: Faces $5.5 Billion Blow as Trump Targets China Ties

18 Apr 2025

The Nvidia China trade war has escalated. The world's leading chipmaker has lost $5.5 billion, is under Congressional investigation, and is accused of helping China's AI ascension via export loopholes. The pressure increased after Chinese company DeepSeek shocked the world with an AI model on par with ChatGPT—developed using less...

China Slams New US Port Fees as ‘Detrimental to All Parties’

18 Apr 2025

China has retaliated against the United States after Washington imposed new port charges on Chinese-operated and constructed vessels. Beijing stated on Friday that the action would disrupt trade across the world and not help revive America's shipbuilding industry. The new policy, which is part of Donald Trump's larger economic policy,...

US Man Earns Chinese Residency After 15 Years Training in Martial Arts | WATCH

18 Apr 2025

An American man who lived for 15 years intensely studying martial arts and Taoist philosophy on Wudang Mountain in China has been awarded foreign permanent residency, the South China Morning Post said. Jake Pinnick, a 34-year-old from Kewanee, Illinois, initially traveled to China in 2010 at the age of 20...

Zelensky Claims ‘We Have Information’ on China’s Arms Supply to Russia | WATCH

18 Apr 2025

Ukrainian President Volodymyr Zelensky has made serious accusations, stating that China is providing weapons to Russia during the current conflict. The Ukrainian President's statement adds another layer of complexity to the already tense relations between Kyiv and Beijing. Volodymyr Zelensky made these statements after announcing Ukraine's awareness of Chinese citizens...

China Faces Rising Economic Unrest Amid Escalating US Tariffs And Domestic Challenges

17 Apr 2025

As tensions between China and the United States intensify amid a renewed trade war, Beijing is now confronted with a mounting crisis at home. A recent Freedom House's China Dissent Monitor report indicates a steep increase in economic protests nationwide, indicating growing discontent with the Communist Party rule. The report...

India-China Flights to Resume Soon, Kailash Mansarovar Yatra Under Discussion

17 Apr 2025

India and China are inching towards re-establishing direct air connectivity, which was suspended amid the pandemic and post-2020 border tensions. Both countries have agreed "in principle" to the resumption of flights, and both their civil aviation authorities are preparing the technical modalities. The Kailash Mansarovar Yatra is also being negotiated...

China Shadow Bank Zhongrong Faces Liquidation After 8 Billion Collapse

China Shadow Bank Zhongrong Faces Liquidation After $108 Billion Collapse

17 Apr 2025

China may be on the cusp of its Lehman moment because Zhongrong International Trust, a significant firm in the $3.7 trillion shadow banking universe, has been ruled insolvent. Formerly overseeing $108 billion, the fall has destabilized China's rich elite and caused tremors in the financial markets. More than 30,000 investors...

New Google Maps Images Show China Expanding Submarine Fleet Near Taiwan

17 Apr 2025

New satellite images on Google Maps have confirmed a dramatic expansion in China's submarine navy, a report by The U.S. Sun states. At least six nuclear-powered subs were seen based at the First Submarine Base, approximately 18 km east of Qingdao along the Yellow Sea. Strategically located, the base gives...

China Appoints Li Chenggang as New International Trade Representative

16 Apr 2025

Amid ongoing trade tensions with the United States, Li Chenggang has been appointed as China's new international trade representative and vice minister of commerce. The State Council of China in a statement on Wednesday said, "Li Chenggang has been appointed China international trade representative with the Ministry of Commerce and...

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