Trump announces NVIDIA chip deal with China
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Japan, China and radar
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Meaning of China’s $1tn trade surplus
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A trade war begun by President Donald Trump early in his second term led China to halt its purchases of American soybeans.
The Japanese government is taking uncomfortable steps to prepare its citizens for a possible future war that its military would not be able to avoid.
Congress passes $900B defense bill targeting China with new investment restrictions, military technology bans, and 4% pay raise for troops nationwide.
We’re now starting to see a second China shock play out, one that looks different. This time, barred from the U.S. market by tariffs, and unable to sell enough to consumers at home, China is redirecting more of its exports to developing countries. It’s also setting up its own factories in some of these countries.
Beijing is keeping the renminbi heavily undervalued against the euro, European companies have warned, giving Chinese exporters an advantage and raising the risk of increased trade retaliation. The warning from the EU Chamber of Commerce in China comes just days after data indicating the country’s annual goods trade surplus will exceed $1tn for the first time.
China has been one of Russia's closest partners since the outbreak of the full-scale war in Ukraine in 2022, with Moscow describing its relations with Beijing as a partnership " without limitations or taboos ." The two countries have closely cooperated on military matters, including joint patrols and bilateral drills, to bolster their readiness.
China's exports returned to growth in November after an unexpected contraction in October, pushing its trade surplus for 2025 past the $1 trillion mark for the first time
China continues to make big advances in the final frontier. The nation just launched three Long March rockets in less than 19 hours, setting a new national mark for liftoff cadence. In addition, the trio pushed China's orbital-launch tally for 2025 to 83,