China is reshaping the foundations of global power, doubling down on high technology to attract supply chains

China is reshaping the foundations of global power, doubling down on high technology to attract supply chains

China is moving to the next phase of its rivalry with the US and signalling a renewed focus on self-reliance. Whether in innovation, industry or advanced technology, Chinese President Xi Jinping is betting this approach will ensure Beijing’s resilience amid intensifying competition. This isn’t just about the economy. It’s also about security. Beijing and Washington…

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'India cutting back completely': Trump reiterates Russian oil claim; hopes for ‘complete deal’ with China

‘India cutting back completely’: Trump reiterates Russian oil claim; hopes for ‘complete deal’ with China

US President Donald Trump on Saturday reiterated that India is cutting back the Russian oil imports completely, as he announced sanctions targeting Moscow’s oil giants Rosneft and Lukoil.Ahead of his upcoming meeting with Chinese President Xi Jinping in South Korea, Trump expressed hope that the discussions would yield a “complete deal,” Bloomberg reported. Trump’s FULL…

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US-China trade war: America 'bans' Hong Kong's biggest telecom company; cites national security concerns

US-China trade war: America ‘bans’ Hong Kong’s biggest telecom company; cites national security concerns

FILE — Brendan Carr, chairman of the Federal Communications Commission, at a hearing in Washington on Feb. 27, 2025.. (Tierney L. Cross/The New York Times) The US Federal Communications Commission (FCC) has taken steps to potentially revoke the access of HKT (International) Ltd., a major Hong Kong phone company controlled by PCCW Ltd., to domestic…

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China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

US President Donald Trump China now generates more than twice as much electricity as the United States, solidifying its position as the world’s leading economic powerhouse, according to economist Paul Krugman. Writing this week, Krugman noted that China’s economy has surpassed America’s in real terms when measured at purchasing power parity, highlighting the growing gap…

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