Russia And China Officially Announce A “New Global Reserve Currency”
What may surprise some people, however, is that Russia and the BRICS countries, including Brazil, Russia, India, China, and South Africa, are officially working on their own “new global reserve currency,” RT reported in late June. Nobody even seemed to notice.
China Deploys Tanks To Prevent People From Withdrawing Money From Crisis-Hit Banks
On July 10, 2022, more than a thousand depositors had gathered in front of the nation’s central bank’s Zhengzhou branch to commence their biggest-ever protest. In response, China deployed tanks to prevent people from withdrawing money from crisis-hit banks.
China Using AI To Correct Court Rulings Forcing Judges To Submit A Written Explanation To The Machine If They Disagree
Since at least 2016, China has been creating a “smart court” system, intending to improve the “fairness, efficiency, and credibility” of its judges. Now, China is using AI to correct court rulings forcing judges to submit a written explanation to the machine if they disagree.
China Blows Up Mock Japan Warplane – Satellite Images
Satellite images show China blowing up mock a Japan warplane. There is growing concern that a potential Chinese annexation of Taiwan would seriously jeopardize Japan’s security and spark a larger confrontation.
What India And China Spend On Russian Oil
India’s payment to Putin’s government is still far less than that of China. Let’s take a look at exactly what India and China are spending on Russian oil in the present market.
Angry Crowd Storms Bank Of China Over Frozen Deposits
An angry crowd of protestors stormed the Zhengzhou branch of the Bank of China after their deposits were frozen, resulting in their being unable to withdraw their money.
American Agents Charged With Spying For China
The US Department of Justice has revealed that American agents have been charged with spying for China after sharing activists’ private information, including the passport information of one man’s daughter.
China Wants Five More Years Of COVID Lockdowns
The Chinese Communist Party (CCP) secretary appeared to suggest to state media last week that the Chinese capital should anticipate another five years of strict COVID policies, including lockdowns, before his statement was quickly removed from state media in the wake of harsh criticism on social media.
China’s Productive Capacity Is Starting To Slip Away To India
It would seem that India along with other Asian countries like Vietnam has benefited from manufacturers moving out of China. China’s productive capacity is starting to slip away when compared to India.
BRICS May Defuse Frozen Border Issues Between India and China
The 14th BRICS Summit, a virtual gathering hosted by China that finished on Saturday, focused on measures to increase the group’s influence on the world arena while also fostering sustainable infrastructure development in the area. One takeaway from this is that BRICS might defuse the frozen border issues between India and China.