Short-lived as it was, the Wagner rebellion has brought an impact rippling far beyond Russian borders. It could be the beginning of the end for the coalition that Beijing led with Moscow against the free world, some analysts have said. In a dramatic 24 hours, the paramilitary group captured world attention as it took over…
ANALYSIS: China–Russia Coalition ‘Has Cracked’ After Wagner Mutiny
July 1, 2023
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Japan Reports Spotting 2 Russian Ships Near Taiwan, Okinawa for Days
Two Russian frigates were spotted sailing off the waters near Taiwan and Japanese-controlled Okinawa islands between June 27 and June 30, Japan’s military said, amid rising tensions in the region. Japan’s Joint Staff said the two Steregushchy-class frigates were first detected 70 kilometers (43 miles) southwest of the Yonaguni island in Okinawa prefecture near Taiwan…
China’s Factory, Service Sectors Stumble as Economic Malaise Broadens
BEIJING—China’s factory activity declined for a third straight month in June and weakness in other sectors deepened, official surveys showed on Friday, adding pressure for authorities to do more to shore up growth as demand falters at home and abroad. Services sector activity for June also recorded its weakest reading since the Chinese regime abandoned…
‘Powder Keg’ Versus ‘Porcupine:’ $1.06 Billion in US Arms Sales Greenlit for Taiwan in 2023
Washington is okaying a new $440 million arms sale to Taiwan—part of an even greater effort to boost its defenses, with over a billion dollars in deals greenlit this year. What’s driving the urgency? And are the actions turning Taiwan into a dangerous “powder keg” as Beijing claims? Topics in this episode: ‘Powder Keg’ Vs….
Biden Unveils New Action on Student Loan Forgiveness After Supreme Court Ruling
A multi-billion dollar student loan forgiveness plan has now been struck down by the high court. What do students now face, and what’s the reaction from President Joe Biden? Rep. Michelle Steel (R-Calif.) joins us to weigh in on the Supreme Court’s decisions on affirmative action and student loan forgiveness. She has introduced a bill dealing with the college…
New Canadian Citizens Receive Maple Leaf Pins Made in China: Federal Records
Immigrants taking the Canadian citizenship oath at ceremonies are receiving maple leaf pins made in China, federal records show. According to a House “Inquiry of Ministry” document obtained by Blacklock’s Reporter, the Department of Immigration ordered a quarter-million pins from a Chinese vendor last year. The 250,000 pins were purchased “for distribution at citizenship ceremonies,”…
China Flies 24 Warplanes Near Taiwan After US Approval of Arms Sales
June 30, 2023
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ChinaChina NewsChina-Taiwan TensionsPentagonPolicies & ImpactsSpecial TopicsTaiwanUSUS NewsUS-China relations
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Taiwan’s military detected 24 Chinese warplanes, including fighter jets and bombers, and five vessels near the island just a day after the United States announced its approval of two potential arms sales to Taiwan. The Taiwanese Defense Ministry said in a statement that the Chinese warplanes and vessels were conducting “joint combat readiness and police…
Nvidia Reacts to Possible US Chip Restrictions to Beijing
June 30, 2023
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artificial intelligenceBusiness & MarketsChinaChina Business & EconomyChina NewsCompaniescomputer chip exportseconomic policieseconomyExecutive BranchInvestmentMarketsMedia & Big TechNational SecuritynvidiaPolicies & ImpactsPoliticsTechTech NewsTech Products & ReviewstechnologyThreat from Communist ChinaUSUS NewsUS-China relations
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artificial intelligenceBusiness & MarketsChinaChina Business & EconomyChina NewsCompaniescomputer chip exportseconomic policiesEconomyExecutive BranchInvestmentMarketsMedia & Big TechNational SecuritynvidiaPolicies & ImpactsPoliticsTechTech NewsTech Products & ReviewstechnologyThreat from Communist ChinaUSUS NewsUS-China relations
Nvidia is downplaying possible U.S. chip-export restrictions to China by the Biden administration. The Wall Street Journal reported on June 27 that the White House was mulling even more restrictions on artificial intelligence (AI) chip exports to China. A potential chip ban could affect Nvidia’s status as the world’s leader for the graphics processors needed to…
China’s Industrial Profits Tumble, Deepening Economic Gloom
BEIJING—Annual profits at China’s industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to bolster a stuttering post-COVID economic recovery. The 18.8 percent year-on-year slump in profits came on top of the 20.6 percent contraction in January-April, and added to evidence of…
Chinese Spy Balloon Used US Tech to Spy on America: Report
The Chinese spy balloon that flew over sensitive U.S. military bases is back in the spotlight. A new investigation revealed it used American equipment to help its intel-gathering. Topics in this episode: Chinese Spy Balloon Used U.S. Tech to Spy on America: Report Missouri AG to Investigate CCP ‘Service Centers’ ‘Unconstitutional:’ DOJ on Florida Law…
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