China says there is no winner in a trade war, denounces Trump tariff saying ‘Fentanyl is America’s problem’
China’s commerce ministry said in a statement that Trump’s move “seriously violates” international trade rules, urging the US to “engage in frank dialogue and strengthen cooperation”.
China’s credit cuts to Kenya forces the East African nation to turn to UAE for railway financing
Trade between Kenya and the UAE has more than doubled over the last decade, Ruto’s office said. The UAE is the sixth biggest export market for Kenyan goods, and its second biggest source of imports. The value of the trade stood at Ksh445 billion ($3.44 billion) in 2023, with the UAE buying agricultural products, while Kenya imports petroleum products, machinery and chemicals.
US unveil new tougher sanctions to curb Russian oil exports to China and India
Among the newly sanctioned ships, 143 are oil tankers that handled more than 530 million barrels of Russian crude last year, about 42 per cent of the country’s total seaborne crude exports, Kpler’s lead freight analyst Matt Wright said in a note.
Powerful earthquake rocks Tibet’s holiest cities and kills at least 55, rattles Nepal
Severe travel disruptions were expected across the storm’s path and officials urged drivers to stay off the roads if possible. Nepal’s National Disaster Risk Reduction and Management Authority (NDRRMA) said the tremors were felt in seven hill districts bordering Tibet.
Against backdrop of volatile geopolitics US defence industrial base is on peacetime working mode, China’s on wartime conditions
The authors also underscore the Chinese shipbuilding capacity, which is “roughly 230 times larger than the United States”. More specifically, the Jiangnan Shipyard is estimated to have higher capacity compared to all of American shipyards combined.
Fracture within Ecowas and animosity with US provides ideal ground for terrorism in West Africa
Despite the military regimes of Mali, Burkina Faso and Niger forming an alliance of Sahel states to fight terrorism and to promote economic development, recent attacks with mass fatalities indicate that terrorist groups might already be taking advantage of the lack of a coordinated counter-terrorism strategy in the region.
Fragile geopolitical relations place world on high nuclear war alert as US, Russia grow stocks
However, the most concerning changes regard North Korea, which maintained its military nuclear programme as a core national security strategy. It amassed an estimated 50 warheads and enough fissile material for up to 90 warheads, with developments in ballistic and cruise missile technologies aimed at nuclear delivery.
US Treasury accuses Chinese hackers of stealing documents in ‘major incident’
Tom Hegel, a threat researcher at cybersecurity company SentinelOne said the reported security incident “fits a well-documented pattern of operations by PRC-linked groups, with a particular focus on abusing trusted third-party services – a method that has become increasingly prominent in recent years,” he said, using an acronym for the People’s Republic of China.”
Ugandans are so psychologically beaten that they believe China assembles plastic rice and eggs
One thing is true. If there can be fake rice and fake eggs, there can also be fake water melon, fake Avocado, fake banana, fake mango and fake everything which could find their way into supermarkets and markets as unscrupulous people try to maximise dishonest income from unaware customers. And there are unscrupulous people everywhere on the globe; not only in China.
Sources reveal China plans record $411 billion special treasury bond issuance next year
China’s 10-year and 30-year treasury yields rose 1 basis point (bp) and 2 bps, respectively, after the news. The planned special treasury bond issuance next year would be the largest on record and underscores Beijing’s willingness to go even deeper into debt to counter deflationary forces in the world’s second-largest economy.
