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Beijing Balks at U.S. Sanctions on Weapons-Related Chinese and North Korean Firms

Beijing Balks at U.S. Sanctions on Weapons-Related Chinese and North Korean Firms

China is denouncing The United States for placing new sanctions on Chinese and North Korean companies including one linked to weapons of mass destruction. Chinese Foreign Ministry Spokesperson Lu Kang on Wednesday said, “We consistently oppose any country adopting unilateral sanctions based on its own domestic laws and regulations and the wrong method of exercising […]

The Real Return from Belt and Road

The Real Return from Belt and Road

China’s Belt and Road, a trillion dollar trade initiative, was this week solidified into the country’s constitution. But some analysts say the move comes with some big risks. Morgan Stanley reports that the project aims to invest up to $1.2 trillion in roads, railways, power grids and ports along the centuries-old Silk Road in the […]

Taiwan president to visit Pacific allies amid China pressure

Taiwan president to visit Pacific allies amid China pressure

Taiwan president Tsai Ing-wen will visit three Pacific nations in the next month, the foreign ministry said Friday, as fears grow of China influencing its dwindling list of allies. It comes after Panama cut official ties with Taiwan in June, choosing instead to form diplomatic relations with China — leaving the island with only 20 […]

China Seeking New World Order?

China Seeking New World Order?

China is tired of being #2 and it’s hungry for the United States’ spot as the top dog, according to one intelligence official. “Chinese leaders see the U.S.-led world order, most notably the U.S. alliance network and promotion of U.S. values worldwide, as constraining China’s rise and are attempting to reshape the world order to […]