https://www.reuters.com/world/china/how-pboc-might-respond-chinas-weakening-yuan-2022-05-11/ The Yuan, which is the name of the currency that China uses, has fallen 5% in value in China. The last three weeks speculation has been raised over when and how the People’s Bank of China (PBOC) might act to slow its depreciation. The main factors for this depreciation are the interest rates in the United States going up,… Read more »
https://www.reuters.com/world/us/exclusive-biden-eyes-new-ways-bar-china-scooping-up-us-data-2022-05-11/ The Biden administration has drafted an executive order that would give the Department of Justice vast powers to stop foreign adversaries like China accessing Americans’ personal data. This would also direct the Department of Health and Human Services to prevent federal funding from supporting the transfer of U.S. health data to foreign adversaries. Donald Trump tried to ban the… Read more »
https://www.reuters.com/world/asia-pacific/taiwan-aims-learn-lessons-ukraine-annual-military-drills-2022-04-26/ Taiwan has begun practicing new military drills in response to the Ukraine and Russia war that is currently happening. They have begun doing these new drills because Taiwan believes that they have many similarities between Russia and Ukraine, and China and themselves. They believe that they may try to have the same war strategies and are practicing in defending… Read more »
https://english.news.cn/20220420/164f228ed22f4efb9dfee25027895e93/c.html By the end of 2021 twenty five asian countries will have pledged to be net-zero in the fight against global warming. The Boao Forum for Asia (BFA) is aiming to enhance a much greener governance from Asian countries. The BFA has done a lot including setting up high-level leading groups and committees overseeing the formulation and implementation of national… Read more »
https://english.news.cn/20220421/a5009d6817154fefbdda6d8359aaac16/c.html A Chinese foreign minister sends a ritual offering urging Japan to break their militarism. The Yasukuni Shrine, where World War II Class-A war criminals with heinous crimes are honored, is a spiritual tool and symbol of Japanese militarism war of aggression. China urged the Japanese side to earnestly honor its statement, and commitment to facing up to and reflecting… Read more »