News
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US dollar will crash & burn because of trade war with China – investor Peter Schiff
The idea that a trade war between US and China is good for the dollar is complete nonsense, according to investor Peter Schiff. He believes that greenback will only depreciate. “The thinking is – at least when it comes to trade – is that the dollar is going to benefit from a trade war, which […]
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Using Game Theory to Explain the U.S.-China Spat
Picking a fight with a trading partner seems like a bad idea, but it’s not necessarily irrational. Probing a partner’s weaknesses can be an effective way to get a better trade deal, according to game theory, the branch of mathematics that deals with strategy. It sometimes makes sense for countries to “test each other’s resolve,” […]
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RUSSIA WILL TAKE CHINA’S SIDE AGAINST U.S. IN WORLD TRADE WAR
Russia’s economic development minister revealed Tuesday that his government was prepared to side with China in a burgeoning global trade war with the U.S. President Donald Trump’s protectionist trade policies have led China and the European Union to hit back at new U.S. tariffs intended to discourage foreign purchases of steel and aluminum. As a […]
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How China is winning the war with the US for scientific hearts and minds
Anson Au says the Trump administration’s anti-Chinese and anti-science biases are producing policies and a working environment that are pushing away talent in research and development, and it is China that will benefit Xenophobia and racial discrimination have taken centre stage in the US amid a whirlwind of political decisions made by the Trump administration. […]
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China takes surveillance to new heights with flock of robotic Doves, but do they come in peace?
The idea might seem far fetched, but robotic birds are very much a reality, and China has been using them to surveil people across the country. Sources told the South China Morning Post that more than 30 military and government agencies have deployed the birdlike drones and related devices in at least five provinces in […]
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Taiwan hit by jump in cyber attacks from China
Rise in hacking attempts part of Beijing’s hardening approach to Taipei, experts say Taiwan has been hit by a jump in serious cyber attacks from China during the past two years in the latest sign that Beijing is only increasing its pressure as the US reaffirms its support for the self-ruled island. Taiwan’s government departments […]
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Chinese encroachment ‘causing hunger’ of fishers’ families
PALAUIG, ZAMBALES — Chinese encroachment at Panatag Shoal (internationally known as Scarborough Shoal) has brought nothing but hunger to fishermen in this province and nearby Pangasinan, a group of subsistence fisher folk said. In a three-page letter to President Duterte, the fishermen asked him to enforce the country’s sovereign rights over traditional Filipino fishing grounds […]
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China is slamming the US with $34 billion in tariffs — here are the states that will be hurt the most
Trump’s China crackdown has big support, but it could be a problem for him The collateral damage from President Donald Trump’s trade fight with China could soon have some states feeling the squeeze. China announced tariffs on $50 billion worth of imports from the US in response to Trump’s tariffs on Chinese imports, an escalation […]
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GUERILLA WARFARE OVER THE SOUTH CHINA SEA: UPDATING VIETNAM’S DOCTRINE
The Vietnam People’s Air Force (VPAF) finally retired the last of its half-century-old MiG-21 fighter squadrons in 2015. To replace these, Vietnam has in recent years commissioned four regiments of Sukhoi Su-27 and Su-30 fighters, which have potentially changed the VPAF from an experienced but outdated air force into a modern force to be reckoned […]
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Xi says China must lead way in reform of global governance
BEIJING (Reuters) – China must lead the way in reforming global governance, the foreign ministry on Saturday cited President Xi Jinping as saying, as Beijing looks to increase its world influence. China has sought a greater say in global organizations such as the World Bank, the International Monetary Fund and United Nations, in line with […]
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China warned Tuesday that the creation of a Space Force would lead to a military competition in outer space.
“Outer space is an asset shared by all mankind. China always advocates the peaceful use of outer space and opposes the placement of weapons and an arms race in outer space,” Chinese Foreign Ministry spokesman Geng Shuang said. “In particular, we oppose turning outer space into a battlefield.” Trump said on Monday that he […]
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BanyanChina has militarised the South China Sea and got away with it
It is not clear what the “consequences” are that America has promised LESS than three years ago, Xi Jinping stood with Barack Obama in the Rose Garden at the White House and lied through his teeth. In response to mounting concern over China’s massive terraforming efforts in the South China Sea—satellite images showed seven artificial […]