Weakness in China’s currency and a rout in its stock market in 2018 are raising warning bells among investors haunted by memories of the August 2015 devaluation scare and the ensuing volatility that spooked investors. Underscoring those fears, China’s officials reported that gross domestic product grew at a slower pace than anticipated for the third […]
Why Investors Are Growing Increasingly Anxious About China…
Chinese Media Outlet Trump Cited As “Propaganda” Spent Over $15.7 Million on U.S. Influence Since 2017…
Before chairing a United Nations Security Council meeting September 26, President Donald Trump took to Twitter. President Trump expressed admonition that “China is actually placing propaganda ads in the Des Moines Register and other papers made to look like news,” tweeting about a four-page supplement in the Des Moines Register purchased by China Daily. China […]
Chinese Spy Lured to Belgium by FBI, Extradited to U.S. to Face Trial…
In a clandestine operation that marks a ramping up of American actions against economic espionage ordered by Beijing, FBI agents lured a Chinese spy to Belgium before spiriting him to the U.S. Yanjun Xu, a senior officer with the Ministry of State Security, or MSS, now faces up to 25 years in jail. He was […]
5 Questions Worried Americans Will Ask After Dow Slumps Over 800 Points…
The Dow Jones Industrial Average DJIA, -3.15% S&P 500 index SPX, -3.29% and Nasdaq Composite Index COMP, -4.08% have all been experiencing volatility in recent months, weighed by rising bond yields and a trade war with China. The Dow fell more than 800 points and the S&P 500 had its worst day since February. What […]
Trump Says Fed ‘Has Gone Crazy’ Following Stock Market Selloff…
President Donald Trump again criticized the Federal Reserve for raising interest rates, calling it a “mistake” hours after the worst U.S. stock market sell-off since February. “The Fed has gone crazy,” he told reporters on Wednesday as he arrived in Pennsylvania for a campaign rally. “So you can say that well that’s a lot of […]
Tech Workers Now Want to Know: What Are We Building This For?…
Jack Poulson, a Google research scientist, recently became alarmed by reports that the company was developing a search engine for China that would censor content on behalf of the government. While Dr. Poulson works on search technologies, he had no knowledge of the product, which was code-named Dragonfly. So in a meeting last month with […]
Leaked Transcript of Private Meeting Contradicts Google’s Official Story on China…
“We have to be focused on what we want to enable,” said Ben Gomes, Google’s search engine chief. “And then when the opening happens, we are ready for it.” It was Wednesday, July 18, and Gomes was addressing a team of Google employees who were working on a secretive project to develop a censored search […]
U.S. Trade Deficit with China Hits Record…
The August trade deficit – a closed watched number in a time of trade wars – came in at $53.2BN, fractionally better than the $53.6BN expected, but 6.4% worse than last month’s revised print of $50.0BN ($46.8BN excluding petroleum), and just shy of a new all time high. The deficit deteriorated as a result of […]
Missing Interpol President Meng Hongwei ‘Under Investigation’ in China…
The first Chinese head of Interpol, the international law enforcement agency, is under investigation in China, a source has told the Post, amid mystery surrounding his disappearance after his wife reported to French police he had gone missing. Meng Hongwei, 64, who is also a vice-minister at China’s Ministry of Public Security, was “taken away” […]
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