What China’s Yuan Devaluation Means
BEIJING (AP) — China devalued its tightly controlled currency Tuesday following a slump in trade, allowing the yuan’s biggest one-day decline in a decade.
Tag: China
World View: Japan’s Shinzo Abe ‘Insults’ Korea in Plans for Commemorating End of WW II
Contents: Japan’s Shinzo Abe raises controversy at Hiroshima commemoration; Japan’s Shinzo Abe ‘insults’ Korea in plans for commemorating end of WW II; Palestinians promise to continue efforts to pursue Israeli ‘criminals’
MH370 Families Clash with Police While Storming Malaysian Embassy in Beijing
The families of passengers of missing Malaysia Airlines Flight 370 stormed the Malaysian embassy in Beijing Friday, objecting to being left out of meetings with Malaysian government officials and demanding Malaysia pay for their flight to Reunion, a remote island in the Indian Ocean where the flaperon part of a Boeing 777 was found this month.
Fiorina Shines On National Security At ‘Happy Hour’ Fox News Debate
Carly Fiorina, a Republican candidate for President and former Chief Executive of Hewlett Packard, showed superior prowess on national security issues when compared to her competitors on the debate stage during Thursday’s “happy hour” debate on Fox News.
Apple Losing Market Share in China Tanks Stock
Apple (NASDAQ:AAPL=$115) stock has plunged about $114 billion in market value since the company reported very good quarterly sales and earnings two weeks ago.
Al-Shabaab Earns Praises from Al-Qaeda-Linked Uighurs for Chinese Embassy Bombing
The Turkistan Islamic Party (TIP), an al-Qaeda-linked group largely made up ethnic Uighurs, commended the al-Qaeda affiliate in Somalia for detonating a suicide car bomb that damaged the Chinese embassy in Somalia’s capital Mogadishu.
China Asks for US Help in Fighting Internal Islamist Movements
China has made a public appeal to the United States for help in controlling radical Islamic movements in the country’s Xinjiang region, saying that the Islamist groups are connected to the global jihadist network that seek to carry out attacks in the West.
China Unveils World’s Largest Dock Amid South China Sea Dispute
As a part of a continuing effort to expand Chinese naval presence and project power across the South China Sea, the communist government has completed construction of the world’s largest aircraft carrier dock. The dock is 700 feet long and can service two ships at a time.
ASEAN Talks: Philippines, Singapore, Malaysia All Defy Call to Ignore South China Sea Issue
China is attempting to strongarm the countries forming the Association of Southeast Asian Nations (ASEAN) not to discuss its aggressive expansion of control in the South China Sea, issuing statements arguing that the venue is “improper” for such a topic. The Philippines, Malaysia, and Singapore, all who object to China’s expansion, strongly disagree.
World View: US in Major Weapons Sale to Saudis to Compensate for Iran Nuclear Deal
Contents: Russia isolates itself further by vetoing MH17 investigation; US in major weapons sale to Saudis to compensate for Iran nuclear deal
China Denies Aggression in South China Sea as ASEAN Meeting Approaches
Chinese officials are trying to downplay accusations of aggression at the Association of Southeast Asian Nations (ASEAN) this Tuesday.
Graham: ‘China Cheats’ on Trade, ‘We Don’t Do a Damn Thing About It’
South Carolina Senator and Republican presidential candidate Lindsey Graham declared that “China cheats” on trade and “we don’t do a damn thing about” its currency manipulation at the Voters First Presidential Forum in New Hampshire on Monday. Graham was asked,
UK School Kids ‘Rude, Bone Idle and Cosseted by Welfare State’, Say Chinese Teachers
A group of Chinese teachers has branded British kids ill disciplined and emotionally immature after being tasked with teaching at UK comprehensive schools. Traditional “chalk and talk” teaching methods favoured by the Chinese have been credited with sending their country
World View: Turkey Returns to War with the Kurdish PKK
Contents: Big losses expected Monday when Greece’s stock market reopens; Puerto Rico to default on Tuesday; Venezuela’s collapsing economy receives $5 billion from China; Venezuela in border dispute with Guyana; Turkey returns to war with the Kurdish PKK
World View: Taiwan Student Commits Suicide over ‘Fine-Tuning’ Textbook Controversy
Contents: Afghan Taliban in crisis over successor to Mullah Omar; Taiwan student commits suicide over ‘fine-tuning’ textbook controversy
China: U.S. Working to ‘Militarize the South China Sea Region’
The long-running Chinese complaint about U.S. activities in the South China Sea, which are proving inconvenient to Chinese activities in that disputed region, runs on through the pages of the state-run Xinhua news agency. Defense Ministry Spokesman Yang Yujun claims China was “greatly concerned about the United States’ push to ‘militarize'” the area.
Chinese Christians Defend Rooftop Crosses, Prepare for Confrontation
Chinese officials in Wenzhou, a city of the Zhejiang province with a high concentration of Christians, have given Christian communities a deadline to remove rooftop crosses from their churches, but some of the local pastors have responded with defiance, placing guards at their churches to defend the crosses.
UN: India Will Have More People than China by 2022
United Nations — Move over: The world’s population is expected to reach 8.5 billion by 2030 and 9.7 billion in 2050, a new United Nations report says. And there should be 11.2 billion people on Earth by the end of this century.
First Catholic Bishop to Be Ordained in China Since 2012
Father Joseph Zhang Yinlin will be ordained Bishop of Anyang, Henan Province, on August 4, becoming the first Chinese bishop ordained publicly in three years and the first after the Vatican and China reopened dialogue in June 2014.
Beijing Named as Host City for 2022 Winter Olympics
Beijing was awarded the 2022 winter Olympics on Friday, beating Kazakhstan’s Almaty in an International Olympic Committee vote to become the first city to have won both summer and winter editions of the world’s biggest multi-sports event. The Chinese capital
Environmental Disaster: Beijing Has Destroyed 17 South China Sea Reefs
Philippine Supreme Court Senior Associate Justice Antonio Carpio announced this week that his court had sufficient evidence to conclude China had destroyed 17 reefs near the Spratly Islands in the South China Sea, and had begun work dredging ten other reefs to build artificial islands in international waters.
Iranian Nuke Deal Leaves Saudi Arabia Looking for Better Allies Than Obama
Recently thawed relations between the U.S. and Iran are pushing Saudi Arabia to turn away from their western ally and into the arms of Russia and China. The U.S.-led nuclear accords with Iran have proven to be a major catalyst for this.
Turkish President Calls for More Trade in China amid Uyghur Tensions
Turkish President Recep Tayyip Erdogan is currently in Beijing, where he met with President Xi Jinping on Wednesday and called for the expansion of bilateral trade. While Chinese state media attempted to make trade the center of the meeting, the international community watched for signs of tension between the two nations given Turkey’s support of China’s Uyghur minority.
China Wants to Set the Rules for the Global Internet
As James T. Areddy at the Wall Street Journal tells it, the Chinese military was deeply troubled by the role a supposedly U.S.-dominated Internet played in destabilizing other despotic governments and warned Beijing could be next. The warning described the Internet as “a new form of global control” and the United States as a “shadow” hovering behind various uprisings.
Discovery near Madagascar Might Be Missing Malaysian Plane MH370
A man on the French island of Reunion in the Indian Ocean, located near the African nation of Madagascar, contacted former military pilot Xavier Tytelman about wreckage found there which he believes may be missing Malaysia Airlines Flight 370. “I’ve
