China

Who Is Winning The US-China Chip War?

The new cold war has taken a dramatic turn in the past few years. Two world superpowers are battling each other for a very tiny resource, the semiconductors. The US has been trying to limit China’s access to the huge chip industry, an industry worth $500 billion. But so far, the US is winning the US-China Chip warfare.

China COVID Cases Reaches To 900 Million

The latest covid outbreak in the country has brought utter misery and chaos to millions of people. The latest study from the University of Peking has found astonishing figures as it claims that covid cases in China have dramatically surged to 900 million. The figures are expected to touch a jaw-dropping 1 billion mark by the end of April.

Jack Ma “Quits” AliBABA

The Chinese billionaire is set to hand over most of voting percentage to avoid overall control of the Ant group. In a statement released on Saturday, Jack Ma’s company announced changes that have taken place in the ownership structure that would prevent any shareholder, acting alone or in collaboration with other parties, from controlling Ant Group.

Taiwanese Military Device Ends Up In China For Repair

China has constantly been threatening Taiwan, the self-ruled island 180 km east of China. The United States has also significantly increased its military help to help Taiwan defend itself from Chinese aggression. But the recent report of China repairing the Taiwanese military device has become a matter of concern. The missile was specifically developed to deter military aggression by China.

Third Of World’s Economy In Recession This Year, IMF Says

About a third of the world’s economy is going to be in recession this year, the IMF head warns. The news has arrived with major events taking place in the last few years. The head of the International Monetary Fund, Kristalina Georgieva predicted a tough year for the entire world as the world’s major economies spiral down.

Chinese Aircraft Carrier Sails Close To US Military Base

Chinese Naval ships were seen sailing close to the United States’ territory of Guam. The People’s Liberation Army naval aircraft carrier sailed close to the United States’ Island. Guam has strategic U.S. naval and air force bases in the Pacific Ocean.  

China Is Likely Facing 5000 Covid Deaths A Day

China is currently facing one of the most severe covid outbreaks in the last four years. With Chinese reports mentioning only a few covid deaths in the last few days, a new report has mentioned that China is probably facing 5000 covid related deaths in a day. The new report has contradicted the Chinese estimates by a huge margin. 

China Sends Warships Into Pacific Threatening Japan

The tension in the China sea has been extremely dangerous in recent years. With North Korea testing its long-range ballistic missiles to the volatile behaviour of China in the East China sea, the neighbours are expecting a provocation. Recently China has sent warships into the pacific threatening Japan’s territorial integrity.

Chinese And Indian Troops Clash Along The Border

Indian and Chinese forces engaged in a physical scuffle near the Himalayan border between the countries, the first confirmed incident involving the two nuclear-armed Asian nations in almost two years. The clash between two neighbouring countries in the Tawang region of Arunachal Pradesh resulted in minor injuries on both sides.

China Calls For Oil Trade In Yuan Currency At Gulf Summit

Chinese president, Xi Jinping, is on a 3-day visit to the Middle East which is the first visit since 2016. During Xi’s visit, he called upon its Arab friends that China seeks to purchase oil and gas in yuan, a move that would help Beijing’s goal of internationalizing its currency and decrease the influence of the U.S. dollar on global trade. 

China Reveals First Ever Hard X-ray Photo Of The Sun

The Chinese Academy of Sciences recently published an image of the sun in a unique fashion. There has never been such imaging of the sun before this. It released a very interesting Hard X-ray Image of the biggest star of our solar system. The instrument used is called HXI or Hard X-ray Imager.