Europe gets more bad news as recession fears deepen
By Anna Cooban, CNN Business
Updated 1101 GMT (1901 HKT) August 1, 2022
London (CNN Business)Europe's biggest economy is suffering — and it could spell trouble for the whole continent.
German retail sales slumped 8.8% in June compared with...
'Russia is with you' Putin vows to back Xi in US row over Taiwan visit
RUSSIA has suggested it's ready to back China as tensions rise with Taiwan ahead of a potential trip to the self-ruled island by US House of Representatives Speaker Nancy Pelosi.
By TERESA GOTTEIN MARTINEZ
20:52, Mon, Aug 1...
China’s huge trade surplus counteracts outflow pressure from Fed
By: Bloomberg News | Aug 01 2022 at 11:38 AM | International Trade
China’s massive trade surplus helped to offset capital outflows in the first half of the year, anchoring its balance of payments even as the Federal Reserve’s...
Wakhan Corridor transit road, Where China, Pakistan, Afghanistan and Tajikstan meet at a long tiny strip of land
Abdul Raqeeb Sail
27 Jul 2022 - 19:20
KABUL (Pajhwok): Former president Hamid Karzai’s chief of staff Abdul Karim Khurram’s tweet on Pakistan’s intention regarding the imposition...
China’s military steps up development of ship-based warplanes to keep up with aircraft carrier advances
Published: 6:00am, 30 Jul, 2022
Social media revealed an image of the Chinese KJ-600 carrier-based early warning aircraft, on a test flight over the northwestern city of Xian. Photo: Weibo...
Kremlin warns US against 'provocative' moves toward China, Russia offers strong support to China amid tensions over Taiwan
The Kremlin has offered strong support to China amid tensions over Taiwan, warning the United States against any “provocative steps” that could exacerbate the situation
By...
U.S. Enters Technical Recession in Second Quarter, GDP shrinks by 0.9% in Q2
U.S. GDP
by Katharina Buchholz,
Jul 28, 2022
The U.S. economy entered a technical recession in the second quarter of 2022. The real GDP of the country shrunk by 0.9% in Q2 according to preliminary numbers released...
Nuclear-powered ship wins China Patent Award,nuclear-powered icebreaker support ship means China moved one step closer to a nuclear-powered aircraft carrier
By Global Times
Published: Jul 29, 2022 12:00 AM
A nuclear-powered ship invented by five Chinese R&D engineering companies won the...
Kim Says North Korea ‘Fully Prepared’ for Fight With US
July 28, 2022 0:39 AM
SEOUL, SOUTH KOREA —
North Korean leader Kim Jong Un warned late Wednesday that his country is “fully prepared” for any military conflict with the United States, state media said Thursday.
The warning is Pyongyang’s...
Greater China Dominates Global Microchip Exports [Infographic]
Katharina Buchholz
Jul 27, 2022,12:18pm ED
The so-called Chips+ bill passed the U.S. Senate on Tuesday and has a good chance of becoming law as it moved on to the House. As fears of a confrontation with China are heightening...
Biden to call Xi to remove US tarrif on Chinese goods?
Joe Biden to call China’s Xi Jinping as he weighs tariff repeal
By Steven Nelson
July 27, 2022
US tariff rates on goods from China currently stand at about 19.3% — as opposed to about 3% on goods imported from other countries, according...
US General warns China has developed highly capable ‘world-class’ military
G
General Mark Milley has described China’s proliferation of military strength as ‘very, very concerning’ to the Pacific countries as well as globally. Picture: ABC
JULY 27, 2022
The US’ highest-ranking military...
China successfully launches largest solid carrier rocket
China has successfully launched its "Lijian-1" solid carrier #rocket from northwest China's #Jiuquan Satellite Launch Center on Wednesday, sending six scientific experiment satellites into preset orbit
China's FH-95 electronic warfare drone passes performance test
By Liu Xuanzun
Published: Jul 26, 2022 11:50 PM
Fei Hong series UAVs are displayed at Airshow China 2021 in Zhuhai, South China's Guangdong Province. Photo: Courtesy of China Aerospace Science and Technology Corporation
China's...
This map shows the massive gas pipeline that Russia and China are building
PUBLISHED TUE, JUL 26 20228:15 PM
KEY POINTS
“Power of Siberia” — as the portion located in Russia is called — began delivering natural gas to northern China in December 2019, according to Chinese state media.
In...
Russia Says It Will Quit International Space Station After 2024
Jul 26, 2022 Russia has announced it will withdraw from the International Space Station after 2024 to focus on building their own space station. NBC's Tom Costello reports.
China plans to build world's largest water canal from Three Gorges Dam to turn large swathe of wastelands in the north into farmlands
The project is expected to turn nearly 290,000 sq. miles (570,000 sq. km) of wasteland, the size of Chile, into arable land that will be used to grow wheat, rice...
China’s trade dominance is boosting Renminbi’s reserve status
Bloomberg news
By: Tom Hancock | Jul 25 2022 at 12:36 PM | International Trade
China’s dominance of global trade provides a path to increase its currency’s share in global central bank reserves even if it retains tight capital...
The field of view of China’s Xuntian Space Telescope will be 300 times larger than that of Hubble
By Lisa Jennings
2022-07-23
China plans to send its first significant space observatory to the China Space Station, where it will begin conducting scientific research by 2024.
The Chinese...