'China is in middle of Recession, and they are ...', says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

‘China is in middle of Recession, and they are …’, says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

FILE – President Donald Trump, left, shakes hands with China’s President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka. AP/PTI(AP10_13_2025_000160B) US Treasury Secretary Scott Bessent has accused China of attempting to undermine the global economy by imposing export controls on critical rare earth minerals and resources essential for technology…

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Opinion | China’s multipolar ambition is making the US sit up and fire back

Opinion | China’s multipolar ambition is making the US sit up and fire back

At the Shanghai Cooperation Organisation (SCO) summit in Tianjin this week, the choreography was striking. Chinese President Xi Jinping, flanked by Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, unveiled proposals for a development bank, expanded BeiDou satellite services, and cooperation in green technology, artificial intelligence and infrastructure. The message was unmistakable: the…

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