Nike Inc. was affected by higher costs worldwide and had lower-than-expected profits in its fourth quarter results released last week, leading to a decline in its share price. Although the company’s sales were stable, its profits were hit by inflation, leading to a 3 percent decrease in its share price, Yahoo Finance reported. Gross margins…
‘Safeguard the Freedom of America’: Persecuted Chinese Warns of the Silent Spread of Communism
Bu Dongwei holds the core American value of freedom deep in his heart. He fled from persecution in China back in 2008 and knows firsthand how far a totalitarian regime will go when it perceives an ideological threat to its grip on power. During the May 1989 declaration of martial law, when pro-democracy protests were…
China’s Defense Minister and Russia’s Navy Chief Meet for First Military Talks Since Wagner Revolt
BEIJING—China’s defense minister reaffirmed the country’s military relations with Russia during a meeting Monday with the head of Russia’s navy, the first formal military talks between the friendly neighbors since a short-lived mutiny by Russian mercenary group Wagner. Minister of National Defense Li Shangfu told Russian Adm. Nikolai Yevmenov that the Chinese regime hoped for…
Yellen Holds ‘Frank’ Discussion With Chinese Envoy as Beijing Curbs Metal Exports
July 4, 2023
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ChinaChina NewsSecretary of the Treasury Janet YellentechnologyUSUS-China competitionUS-China relations
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Treasury Secretary Janet Yellen met with China’s ambassador on Monday amid an intensifying chip war between the United States and China as Beijing imposed new restrictions on metal exports. China’s Ministry of Commerce said Monday that items related to gallium and germanium, which are crucial to making semiconductors, will be subject to export controls starting…
Witnesses Recount Large Surge of COVID-19 Deaths in Their Hometowns Across China Last December
Several Chinese immigrants who recently arrived in the United States can now describe what they witnessed last December when a severe wave of the COVID-19 pandemic broke out in China. The sudden lifting of the stringent lockdowns on Dec. 7 is believed to have prompted a nationwide infection of COVID from the end of last…
US Urges Citizens to Reconsider Travel to China
The United States is warning Americans to reconsider travel to China. A look at the latest risks: Russian President Vladimir Putin set to join a virtual meeting with China’s Xi Jinping—his first appearance on the world stage after a coup at home; over $120,000 in bounties offered for eight overseas Hong Kong activists; the closure…
US Government Issues ‘Level 3’ Warning Over China Travel Due to Risk of Wrongful Detention
The U.S. government has warned Americans against traveling to China due to the arbitrary enforcement of laws by the Chinese communist regime that can result in people getting jailed without even being aware of their alleged crimes. “The People’s Republic of China (PRC) government arbitrarily enforces local laws, including issuing exit bans on U.S. citizens…
Japan Spots Chinese Amphibious Assault Ship in Western Pacific
July 3, 2023
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Asia & PacificChinaChina NewsInternational RelationsJapanmilitaryOsumi StraitSpecial TopicsTaiwanWorld
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China’s People Liberation Army Navy (PLAN) reportedly sent its amphibious assault ship to the straits between the islands of Japan on June 29, the first known instance of the warship being spotted in the Western Pacific. Japan’s Ministry of Defense said that two PLAN ships—the Type 075 amphibious assault ship Guangxi and the Type 052…
Yellen Set to Visit China This Week in Bid to ‘Deepen Communication’
July 2, 2023
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Business & MarketsChinaChina Newseconomic policiesExecutive BranchPoliticsSecretary of the Treasury Janet YellenUSUS NewsUS-China relationsUS-China relationshipyellen
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U.S. Treasury Secretary Janet Yellen is traveling to China this week for talks with senior Chinese officials, the Treasury Department said on Sunday. Yellen will be the second highest-ranking U.S. official to visit China in weeks as the United States attempts to improve ties with China’s ruling communist party. Yellen will travel to Beijing from…
ANALYSIS: Nuclear Plant Explosion Fears Follow Tense Month in Russia–China–US Relations
July 2, 2023
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Antony BlinkenChinaChina NewsChinese RegimeEuropeInternational Relationsmilitarymilitary conflictPutinRussiaRussia-Ukraine Warthe Russia-Ukraine WarThreat from Communist ChinaUkraineUS-China relationsWorld
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Global headlines this weekend warned of a possible, Russia-provoked explosion at Ukraine’s Zaporizhzhia nuclear power plant. Citing Ukrainian intelligence, Ukraine president Volodymyr Zelenskyy spoke of a “serious threat” at the Russian-occupied nuclear plant. Ukraine has been holding drills to prepare for a potential radioactive disaster should Russia blow up the plant. The tense situation follows…
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