China’s Social Credit System

EUR/USD softens to around 1.1380 in Friday’s early Asian session. Trump said the US was negotiating with China on trade after Beijing’s denial.  Traders have become increasingly confident that the ECB will cut interest rates in the June meeting.  The EUR/USD pair weakens to near 1.1380 during the early Asian…

One must-read delivered daily to your inbox This morning, the White House announced that trade talks with China continue, albeit at a staff level. This came after a flurry of reports that Trump is planning to unilaterally ramp back the embargo-level tariffs he imposed on China earlier this month, advance…

In the sweltering summer of AD18, a desperate chant echoed across China’s sun-scorched plains: “Heaven has gone blind!” Thousands of starving farmers, their faces smeared with ox blood, marched toward the opulent vaults held by the Han dynasty’s elite rulers. As recorded in the ancient text Han Shu (book of…

Global revenue from short drama apps hit ¥24B ($3.3B) in Q1 2025 , up 23% from Q4. Downloads surged 64% to 259 million installs across mobile platforms. Female-targeted romance and revenge plots dominate global engagement and monetization. Translated Chinese dramas make up 50% of content , but local originals now…

Kenyan President and East African Community (EAC) Chairman William Ruto, speaks during a joint summit to address conflict in Eastern Democratic Republic of Congo   -   Copyright © africanews AP Photo Last updated: 24/04 - 07:00 William Ruto Kenyan President William Ruto has signed a $1 billion agreement with China as…

35 out of 42 factories have temporarily stopped all production as they only export to China PUBLISHED : 24 Apr 2025 at 11:54 Listen to this article A worker harvests sugar cane in the fields in Surin province. (Photo: 123RF) Dozens of Thai firms grappling with US$60 million losses from…

The White House is weighing big cuts to Trump‑era tariffs on Chinese goods — potentially halving them to ease trade tensions. Options include trimming most duties to 50% to 65% or adopting a tiered system: a 35% rate for non‑security‑sensitive imports and 100% or more for strategic items. No decisions…

China reveals new team of astronauts for space station launchRead More

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US Treasury Secretary Scott Bessent told a closed-door investor summit on Tuesday that President Donald Trump’ s tariff war with China has led to an unsustainable, two-way “embargo” and that he expected the situation to de-escalate. Bessent also said in the session on the sidelines of the International Monetary Fund…