In a surprising move, Taiwan's Vice President, Hsiao Bi-khim, recently traveled to Belgium. She addressed lawmakers at the European Parliament. This visit is part of Taiwan's growing efforts to connect with Europe. Normally, Taiwan's top officials don't make such high-profile trips. This is because
The U. S. Army is planning a massive increase in drone production. They want to buy at least one million drones in the next few years. This is a huge jump from the current rate of about 50, 000 drones per year. The Army is learning from the war in Ukraine. Both Ukraine and Russia are using small, c
China's navy just got a powerful new toy: the Fujian, its newest and most advanced aircraft carrier. This isn't just any ship; it's the first one China designed and built all by itself. With this new addition, China now has three aircraft carriers, making its navy the biggest in the world by ship co
The U. S. government announced it would hold talks with China about its strong position in shipbuilding and ocean shipping. This comes as they put a temporary halt on certain fees for Chinese ships docking at U. S. ports. The pause on these fees, which can add up to billions each year, is part of a
A man from Steuben County, New York, has been found guilty of stealing important U. S. technology and trying to use it for his own gain in China. Ji Wang, 63, took secret information from his job at Corning Incorporated. This information was part of a project funded by the U. S. government to develo
In a surprising move, a high-ranking Fijian diplomat paid a visit to Taiwan this week. Filipo Tarakinikini, Fiji's permanent representative to the United Nations, met with Taiwan's Vice President Hsiao Bi-khim. This visit is quite unusual because Fiji officially recognizes China, which strongly oppo
Starbucks is making a big move in China. They are teaming up with Boyu Capital, a private equity group based in Hong Kong. This deal will create a joint venture worth $4 billion. Starbucks will keep a 40% stake in their 8, 000 Chinese stores. Boyu Capital will hold up to 60%. This isn't just about
China is making a big change to handle its money problems. They just created a new team to keep an eye on government debt. This is a big deal because China's economy is not growing as fast as before, and they have a lot of debt to manage. The new team will make rules and plans for both national and
Trump's approach to trade with China has been a bit of a rollercoaster. He's been trying to use tariffs to get China to cut down on exports to the U. S. But it's been a bumpy ride, with not much to show for it yet. Let's talk about leverage. In the world of politics, it's all about having power ove
The US and China have taken a step back from their trade war. They have agreed to ease restrictions on some goods. This includes car chips, soybeans, rare minerals, and drugs. The deal came after a meeting between President Xi Jinping and President Donald Trump. They met in South Korea. The White H
