China has threatened to respond after the US shot down the second Chinese spy balloon. The US recently shot down the second Chinese balloon that was spotted over Latin America. US officials advised not to shoot down the first balloon as it could hurt the civilian population. The US secretary of state, Antony Blinken also cancelled the two-day visit to China that was due to take place on Sunday.
An alleged spy balloon has been in the air for the last few days. The balloon has been flying over sensitive locations such as nuclear sites and military installations. Defence officials said that the suspected airborne device “surely” belongs to China and is using it for surveillance.
A senior US general has hinted that the US is going to engage in a war as early as 2025. The four-star US Air Force General Mike Minihan said that it is highly likely that the US will engage in a fierce battle with China in the coming few years.
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.
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.
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.
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.
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 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 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.
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.
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.
