China, whose $2.45 trillion in foreign-exchange reserves are the world’s largest, is turning bullish on Europe and Japan at the expense of the U.S. The nation has been buying “quite a lot” of European bonds, said Yu Yongding, a former adviser to t
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose. China's holdings fell by $24 billion to $843.7 billion, a decline of 2.7 percent, the Treasury Department said Monda
China is buying in Europe, Social Security is about to go cash flow negative, who exactly is going to be buying the mounds of new debt securities that the Treasury will soon start to issue?
A senior Chinese military strategist called planned U.S. naval exercises in the region a provocation and accused the Obama administration of seeking to encircle China and pursuing a "chaotic" approach towards Beijing.
Each 3D Fast Bus can carry over a thousand passengers
A new 'smart missile' threatens to tip the balance of power towards China, US military analysts say. The latest generation of the Dong Feng 21D (DF-21D) is a supercarrier killer according to experts on China's armaments. The missile can be laun
A weapon developed by China: a carrier-killing missile called the Dong Feng 21D that can be launched from land with enough accuracy to penetrate the defenses of the most advanced moving aircraft carrier at a distance of more than 900 miles.
Amid deep, election-year anger at China, a US lawmaker has introduced a bill aimed at stripping Beijing of a special trade status given to key partners and overhauling the two powers' commercial ties.
China's air force begins a five-day exercise on Tuesday with fighter jets, spy planes and helicopters, state media said, against a backdrop of increased diplomatic and military tensions with Washington.
At the intersection with Shanxi Lane, a busy crossing in this northwest China metropolis, 11 surveillance cameras eye the bustle from a metal boom projecting over one corner. Still more cameras stare down from the other three corners — 39 in all, sti
Chinese naval forces have carried out a series of drills in the South China Sea, the Defense Ministry said on Thursday, strategic waters which are disputed by a number of Southeast Asia countries.
ISS astronauts took standard safety precautions for a run-in with orbital space junk, but NASA says debris is at a safe distance, however
China's largest reported oil spill had more than doubled by Wednesday, closing beaches on the Yellow Sea and prompting an environmental official to warn the sticky black crude posed a "severe threat" to sea life and water quality.
China has shown off its growing military strength with naval exercises off its eastern coast, shortly before Washington and Seoul are expected to carry out their own drills which Beijing has criticised.
China will have 2,000 missiles aimed at its rival Taiwan by the end of the year, several hundred more than the current number, despite fast-warming trade ties between the two sides. Beijing's preparations setting Taiwan further back in the military p
Steve Wynn, a casino resort/real-estate developer who has been credited with spearheading the dramatic resurgence and expansion of the Las Vegas Strip, talks about the Fall of America.
Saying that government lawyers let their zeal for victory in a deportation case outweigh their responsibility to be fair, a federal appeals court last week ordered the US to provide a haven for a woman facing the likelihood of torture in China.
Spectacular video footage of a UFO which closed Hangzhou’s Xiaoshan Airport on July 7th.
If Wang Jinyan, an unemployed factory worker with a middle school education, had a résumé, it might start out like this: “Objective: seeking well-paid, slow-paced assembly-line work in air-conditioned plant with Sundays off, free wireless Internet an
If China's satellites and spies were working properly, there would have been a flood of unsettling intelligence flowing into the Beijing headquarters of the Chinese navy last week. A new class of U.S. superweapon had suddenly surfaced nearby.
A great deal of hawkish rhetoric in recent years has focused on the threat of terrorism, and a huge amount of money has been shoveled into the Iraq and Afghanistan, but this is not nearly sufficient an excuse for spending the big bucks.
Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world's factory floor. A series of strikes over the past two months have been a rude
China has delivered a qualified vote of confidence in the dollar and US financial markets, ruling out the “nuclear option” of dumping its huge holdings of US government debt accumulated over the last decade.
China ruled out the "nuclear" option of dumping its vast holdings of U.S. Treasury securities but called on Washington to be a responsible guardian of the dollar. In a series of statements explaining its work to the Chinese public, the State
The search company hopes an extra click will forestall cancellation of its license in China.
China's national space program has not been invited to join the International Space Station project, despite a news report from Russia suggesting otherwise, NASA officials told SPACE.com.
China and Taiwan prepared Tuesday to sign a trade deal that binds their economies closer and that Beijing hopes could lead to political accommodation six decades after the rivals split amid civil war.
China said on Tuesday it was concerned about reports that a U.S. aircraft carrier may join a military exercise with South Korea amid a tense standoff with North Korea over the sinking of a warship from the South.
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone could not rebalance world growth as it urged world leaders to carry out more fundamental reforms.
In case you did not know it before, Obama stepped up to the plate and proved in no uncertain terms he is a Keynesian fool of the greatest magnitude. In the short-term he wants bigger deficits in the absurd belief (or election lie...