Chinas

The Financial Squeeze: Kenya's Declining Forex Reserves and Its Implications As the sun rises over the bustling streets of Nairobi, casting a warm glow over the kaleidoscopic cityscape, a cloud of concern looms larger in the distance—Kenya's financial health. Recent figures from the Central Bank of Kenya (CBK) reveal a troubling decline in the nation’s foreign exchange reserves. Dropping from an impressive $11.2 billion (KSh 1.45 trillion) on July 10 to $10.69 billion (KSh 1.38 trillion) by the end of the month, this…

The Taiwan-North Western State of Somalia Partnership: A Resilient Stand Against Pressure from Beijing In a recent turn of events, the Chinese Embassy in Mogadishu voiced its strong disapproval of an agreement between Taiwan and North Western State of Somalia. The embassy characterized this partnership as a infringement on the One China principle—asserting that such actions could undermine China's territorial integrity. The rhetoric from China often exudes a sense of authoritative urgency, but in the face of this…

North Western State of Somalia's Maritime Agreement with Taiwan: Navigating Sovereignty and Security In a significant step towards strengthening its sovereignty and enhancing maritime security, North Western State of Somalia has recently embraced a maritime agreement with Taiwan. The announcement comes amidst growing tensions with China, which swiftly condemned the deal as a breach of its territorial integrity. Yet for North Western State of Somalia, this pact is less about international politics and more about ensuring…

In today’s ever-evolving global landscape, supply chain security has emerged as a critical concern, particularly for countries dependent on advanced technologies. Recent reports by Reuters reveal that China currently dominates over 90% of the global supply of rare earth minerals. This massive control not only raises red flags for economic stability but also highlights a pressing need for alternative sources and partnerships. Earlier this year, to compound the issue, Beijing imposed further restrictions on the export of…

In a significant step toward economic collaboration, the central banks of China and Egypt recently finalized a series of agreements aimed at enhancing the use of the yuan in both trade and investment. This milestone is not just a bureaucratic formality; it represents a meaningful shift in the economic landscape of both nations and their roles in the global marketplace. Signed during a high-profile visit to Cairo by Chinese Premier Li Qiang, the agreements received commendation from Pan Gongsheng, the Governor of…

China's Industrial Strategy Under Scrutiny: A Paradigm Shift? On a recent Monday, Xi Jinping, the Chinese leader, raised eyebrows with remarks that questioned the nation’s fixation on a select few high-tech sectors. It was an unexpected moment of introspection from a leader usually known for his steadfast resolve in promoting ambitious technological initiatives. “When it comes to new projects, it's always the same few things: artificial intelligence, computing power, and new energy…

U.S. Secretary of Defense Pete Hegseth has recently highlighted alarming developments regarding China's military ambitions, asserting that the nation is "credibly preparing" to use force to disrupt the balance of power in Asia. He emphasized that the United States is "here to stay" in the Indo-Pacific region. Hegseth shared these insights during an annual security forum in Singapore, amidst ongoing tensions between the Trump administration and Beijing over trade, technology, and geopolitical influence. Since taking office,…

In a recent address, China's ambassador to the United States, Xie Feng, emphasized the importance of finding common ground with Washington and fostering a spirit of peaceful coexistence. He cautioned, however, that China stands prepared to respond decisively to escalating trade tensions. Speaking at an event in Washington, the details of which were subsequently shared on the Chinese embassy's website, Ambassador Xie warned that tariffs could lead to significant harm to the global economy. He drew a striking comparison to…

Olivia Nemec and Erica Star Domena Imagine a structure so vast, it dwarfs the Pentagon, a symbol of military might and strategic defense. China, a nation continuously in the spotlight for its rapid advancements and ambitious projects, is currently constructing a colossal military command center that is reportedly ten times larger than the Pentagon. This undertaking is not merely an architectural feat; it is a statement. What could…

U.S. agricultural exports, fuels, and manufactured goods are poised to face significant challenges as China prepares to implement its comprehensive retaliation against President Donald Trump's newly imposed tariffs. Both sets of measures are set to take effect next week. Following President Trump's announcement of a 34% tariff on Chinese imports—raising the total tariff for this year to an imposing 54%—China has responded with plans to impose equivalent tariffs on U.S. goods, along with a series of other countermeasures. As…