U.S. President Joe Biden is suggesting that the Environmental Protection Agency’s (EPA’s) new tailpipe emissions standards set a global standard at the April 20 Major Economies Forum (MEF) on energy and climate change. That’s according to senior officials who spoke to reporters on April 19. “President Biden will invite leaders to join the United States…
Biden Wants World to Follow Example of New EPA Tailpipe Standards
April 20, 2023
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Biden Wants World to Follow Example of New EPA Emissions Standards
April 20, 2023
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U.S. President Joe Biden is suggesting that the Environmental Protection Agency’s (EPA’s) new tailpipe emissions standards set a global standard at the April 20 Major Economies Forum (MEF) on energy and climate change. That’s according to senior officials who spoke to reporters on April 19. “President Biden will invite leaders to join the United States…
House Advances Resolution to Restore Solar Panel Tariffs Targeting China
April 19, 2023
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The House Ways and Means Committee had a busy Wednesday morning focused on China, starting with a vote against the Biden administration’s emergency move to shield some Chinese-made solar panels from tariffs. “Congress must act in this instance to hold accountable bad actors in global trade, and in particular, Chinese wrongdoing,” said Rep. Jason Smith…
India Surpasses China as World’s Most Populous Country
April 19, 2023
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India has surpassed China as the world’s most populous country, according to the United Nations. The Indian population rose to 1.428 billion, 3 million more than the 1.425 billion in China, according to data from the United Nations Population Fund’s (UNFPA) “State of World Population Report, 2023” on April 19. India and China will now…
China’s Central Bank Increases Gold Holdings to Prepare for US Sanctions: Analysts
April 18, 2023
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For the past five months, China’s central bank has been increasing its gold reserves while simultaneously decreasing its holdings of U.S. bonds. Industry experts believe that this move is in anticipation of future sanctions that China may face. According to data recently released by China’s State Administration of Foreign Exchange and reported by financial news…
Major South Korean Ports Will Stop Using Chinese Cranes Over Security Concerns
April 18, 2023
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As the South Korean government investigates Chinese-made port cranes over security concerns, several ports recently announced they will stop using them and instead rely on domestic manufacturers. South Korea’s counter-spy authorities launched a security investigation against Chinese-made cranes in March. According to South Korean news portal sedaily.com, the Korean government is looking to frame follow-up…
Former UK Prime Minister Calls for World Bank Reforms to Counter Beijing
April 18, 2023
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Former British Prime Minister, David Cameron, has called for reforms at the World Bank and the International Monetary Fund (IMF) to counter Beijing’s influence. He warned that the United Kingdom also risks losing out to communist China unless it steps up foreign aid assistance, Cameron wrote in The Sunday Telegraph on April 15. “Through its…
IN-DEPTH: Biden’s EV Plan Could Be Key to China’s Global Economic Dominance
April 17, 2023
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The Environmental Protection Agency’s (EPA) “strongest-ever” vehicle emissions standards designed to drive mass adoption of electric cars within a decade will increase the United States’ dependence on China, experts warn. “It benefits the Chinese Communist Party because they control the critical minerals supply chain that is going to be necessary to build out the batteries…
Japan Takes Clear Stance Against CCP by Curbing Chinese Access to Chipmaking Equipment: Expert
April 17, 2023
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News Analysis Japan’s latest export controls on chipmaking equipment aim to significantly curb China’s ability to make advanced chips. One expert told The Epoch Times that Japan’s move shows its clear stance against China’s communist regime and alignment with the United States. The Japanese government announced on March 31 export restrictions on 23 types of advanced…
Oil Steady as Market Awaits Chinese GDP Data
April 17, 2023
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LONDON—Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer. Brent crude futures were down 13 cents to $86.18 a barrel at 1018 GMT, while U.S. West Texas Intermediate crude was at $82.33 a barrel, down 19 cents. Both contracts notched their…
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