China Angered with US-Taiwan’s Increasing Diplomatic ties
Since the end of the formal diplomatic ties between the US and Taiwan in 1979, the foreign affairs ministry of Taiwan on Saturday confirmed that they had their first meeting with the US security officials earlier this month. The news came as displeasure for China,…
Tariff Hikes Escalate US-China Trade War, lead to Economic Losses
On Tuesday, the trade dispute between the world’s two largest economies escalated with tariff hikes from both the sides. The ongoing US-China trade war has been going on from a long time, as both the countries have been continuously placing tariffs worth billions of dollars…
Chinese Officials on High Alert for ‘Black Swan’ Situation: Xi Jinping
Chinese President Xi Jinping has notified the leaders of communist nations to be on high alert in case of ‘black swan’ events amidst a “complicated and sensitive external environment”. As China faces changes in international trade, senior officials have been urged to keep a check…
Korean Peninsula Peace in Peril as North Korean Leader Inspects Submarine Construction
North Korean leader, Kim Jong-un is on the path to enhance the arms storage capacity of the country and develop submarine-launched ballistic missile (SLBM) programme. On Tuesday, North Korea’s state media KCNA revealed Kim’s visit to a construction site examining a submarine under construction. Kim’s…
Luxury brand Richemont in Loss due to Prevailing Hong Kong Protests
The prevalent Hong Kong protests, which resulted in huge unrest in the territory for months, have not only created a political crisis in the city but also affected the business category. In the latest hit, it came into notice that the Luxury brand Richemont was…
