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China
12/12/2024
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By Willow Tohi
China resumes gold purchases, sparking market rally and shaping global gold dynamics
China Resumes Gold Purchases: The People’s Bank of China (PBOC) restarted gold buying in November after a six-month pause, sparking a surge in gold prices to two-week highs. Catalyst for Price Surge: The resumption of Chinese gold purchases, following an 18-month buying streak, acted as a key driver for the recent price jump, breaking a […]
12/09/2024
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By Ethan Huff
China responds to Trump threat of 100% tariffs on goods from BRICS countries by expanding relationship with its dollar-busting allies
The economic relationship between Russia and China is strengthening after President-elect Donald Trump threatened Beijing with “100% tariffs” should the communist state join the other BRICS nations in developing a trading alternative to the U.S. dollar. Chinese Foreign Ministry Spokesman Lin Jian responded to Trump’s threat this week by indicating that China plans to work […]
12/05/2024
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By Ethan Huff
Trump fires warning shot at BRICS, threatens “100% tariffs” if China, Russia develop U.S. dollar alternative currency
On Truth Social this week, President-elect Trump fired warning shots at the BRICS alliance, which is threatening to create an alternative to “the mighty U.S. dollar,” as Trump called it. With Russia and President Putin leading the way, BRICS is feverishly working to offload all dependence on the U.S. dollar, which is more honestly called […]
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
12/04/2024
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By Ethan Huff
Beijing fights back against U.S. economic “bullying” after Washington restricts chipmaking exports to China
The U.S. Department of Commerce announced an export ban to China this week that covers 24 different types of microchip manufacturing equipment, prompting Beijing to issue a statement that “necessary measures” will now be taken to safeguard China’s semiconductor industry. The Commerce Department under President Biden will no longer allow the equipment, which includes three […]
11/27/2024
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By Laura Harris
REPORT: Tariffs during Trump’s first term would help U.S. decouple from China
A report from the National Pulse has revealed that the enactment of tariffs during the first term of President-elect Donald Trump is now helping the United States decouple from its imbalanced trade relationship with China. During Trump’s first term, he imposed 10 percent tariffs on Chinese aluminum, 30 percent on solar panels and electric vehicles and […]
08/13/2024
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By News Editors
BRICS alternative currency near realization, American empire death imminent?
When I was younger in 2010, during a brief stint as an English teacher in Saudi Arabia that didn’t end harmoniously for the involved parties, I was struck by the fact that I could buy cigarettes from the corner store in dollars. (Article by Ben Bartee republished from ArmageddonProse.Substack.com) I had a vague appreciation prior […]
08/02/2024
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By News Editors
China’s growing trade presence overtakes U.S.
A comparison of global trade dominance between China and the U.S. from 2000 to 2020 shows a significant shift, with China outpacing the U.S. in international trade relationships. Article republished from YourNews.com) A recently released image vividly illustrates the dramatic shift in global trade dynamics over the past two decades, highlighting China’s increasing dominance in […]
07/12/2024
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By Cassie B.
America’s sanctions will put an end to U.S. dollar dominance, entrepreneur warns
U.S. sanctions are killing the American dollar’s longstanding global dominance, a Russian entrepreneur is warning, and the growing power of the BRICS coalition shows just how serious much of the world is about moving away from the greenback. In a recent interview with Tucker Carlson, the founder of Russian fertilizer producer EuroChem, Andrey Melnichenko, explained […]
06/30/2024
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By Ethan Huff
U.S. escalates economic war on Russia by deploying financial sanctions against secondary parties who conduct business with Moscow
In what the Kommersant business newspaper is calling the threat of “secondary sanctions,” the Russian division of the Bank of China has reportedly suspended operations with all Russian lenders currently sanctioned by the United States in order to avoid being sanctioned itself. Industry insiders told the media outlet that the Bank of China’s Russia division, […]
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