Chinese antitrust regulators on Friday blocked a deal for Hong Kong-based CK Hutchison to sell two strategically vital ports at either end of the Panama Canal to a BlackRock-led consortium.
Read More: Breitbart
Tag Archives: China
Mark Zuckerberg’s Meta Desired To Enter China Market By Promising Censorship
Mark Zuckerberg’s Meta went to great lengths, including developing a censorship system and potentially sharing user data, in an unsuccessful bid to bring Facebook to China, according to a whistleblower complaint.
Read More: Breitbart
How China Created America’s Trade Deficit
China’s economic model is not one of free trade or comparative advantage. It is predatory mercantilism, an aggressive system designed to suppress domestic consumption, keep wages artificially low, and use state-backed subsidies to generate vast industrial overcapacity. This overproduction is then dumped onto global markets, ensuring that foreign competitors cannot compete on price. Meanwhile, China’s government manipulates its currency and capital flows to maintain its trade advantage, preventing market forces from naturally adjusting. Because trade flows must always balance globally, China’s persistent surpluses force America into persistent deficits.
Read More: Breitbart
Trump Admin Unveils Sweeping Tariffs On Canada, Mexico, China
President Donald Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, the White House said Saturday.
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Chinese Ships With Missile Propellant Element Headed To Iran
Two Iranian cargo vessels carrying a chemical ingredient for missile propellant will sail from China to Iran over the next several weeks, the sodium perchlorate could produce 960 tons of ammonium perchlorate which could produce 1,300 tons of propellant, enough to fuel 260 midrange Iranian missiles.
Read More: Newsmax
China Can Close Down Ports, Power Grid
The Biden White House made a stunning admission that Chinese hackers have the ability to cripple the American power grid and ports, and it is reportedly not just run-of-the-mill intrusions but increasingly sophisticated actors with unparalleled skills.
Read More: Newsmax
Scientists’ Report On COVID Lab Leak ‘Silenced’
Information in a federal report that pointed to the COVID-19 virus being leaked from a Chinese laboratory rather than coming from nature was “silenced” from being included in discussions with President Joe Biden and in a final report in May 2021, according to sources close to the situation.
Read More: Newsmax
Officials Urge Americans To Use Encrypted Apps After Chinese Hack
U.S. officials are urging Americans to use encrypted apps to protect their communications after telecommunications companies were compromised during a recent hack from communist China that is the largest breach in history.
Read More: Daily Wire
China Offers Taliban Free Trade
Zhao Xing, China’s ambassador to Afghanistan, said on Thursday that Beijing will soon offer “zero-tariff” trade to the Taliban regime.
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Britain Gives Important U.S. Military Base To China Ally
Britain’s left-wing government announced on Thursday to surrender sovereignty of a British Overseas Territory in the Indian Ocean back to Mauritius. The territory had hosted an important joint U.S.-UK military base and listening post for the past 50 years. Mauritius is a participant in China’s “Belt and Road” debt-trap diplomacy programme and Chinese state media celebrates the nations’ cultural and economic links.
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China Conducts Rare ICBM Test
The People’s Liberation Army (PLA) of China was unusually public on Wednesday about its successful test launch of an intercontinental ballistic missile (ICBM).
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Putin In China To Promote New Gas Pipeline
The Kremlin said Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
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Russia Assisting China’s Nuclear Capabilities
Russia is providing reactor fuel to China, helping the country fuel its nuclear capabilities. The agreement between the two nations will allow China to speed up its nuclear arsenal. The Pentagon said China could double its stockpile of nuclear warheads by 2030.
Read More: Newsmax
China Holds Joint Military Exercises With Russia And Belarus
China sent troops to Belarus for a training exercise for the first time on Monday, conducting an exercise called “Eagle Assault” near the Polish border that simulated capturing an airport.
Read More: Breitbart