Trade war with China would be ‘devastating’ for American families: US Chamber of Commerce

A day after President Donald Trump slammed South Korea last week for benefiting unevenly from its trade relationship with the US, the largest American business association shot back. Embedded in an article the US Chamber of Commerce published to commemorate the sixth anniversary of the US-Korea Free Trade Agreement, also known as KORUS, was a […]

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China tightens grip on media with regulator reshuffle – Communist Party document

China is consolidating film, news and publishing regulation under the powerful Communist Party publicity department, strengthening Beijing’s grip over content, according to a document reviewed by Reuters and a source with direct knowledge of the matter. The shift comes as China looks to merge ministries and create new regulators overseeing matters from banking to food […]

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Trump’s tariffs may anger China and here’s how it may retaliate

China will likely enact its own duties that would hurt U.S. exporters, now that President Donald Trump has announced tariffs on steel and aluminum imports, analysts said. “I believe that China would stick to trade responses by raising tariffs on select U.S. products that would hurt U.S. exporters, particularly in [the] agriculture sector,” Wendy Cutler, […]

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China clamps down on online micro lending; US-listed shares plunge

China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government’s latest crackdown on internet finance, sending shares of U.S.-listed Chinese financial firms into a tailspin. A top-level Chinese government body issued an urgent notice on Tuesday to provincial governments urging them to suspend regulatory approval for […]

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In China, a baby is born with 15 fingers and 16 toes

Hunan: Almost four-month-old Hong Hong has 31 fingers and toes. His parents are now pleading for financial help for their son who is suffering from a genetic disorder called polydactylism.   The shocked parents said there were no indications of his deformities on pre-natal scans. Hong Hong, who was born in January in Pingjiang County […]

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Russia, China Greatest Cyber-Security Threats, But Iran Is Growing

Russia and China present the greatest cyber-security threat to the US, but Iran is trying to increase and spend more on its capabilities, the Navy admiral in charge of the military’s Cyber Command told Congress Tuesday. Adm. Michael Rogers told the Senate Armed Services Committee that while the US has more overall military power than […]

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China’s Space Telescope to Displace Humans in Search for Aliens

China will move nearly 10,000 people to make way for the world’s largest radio telescope which promises to help humanity search for alien life, state media reported on Tuesday. The Five-hundred-metre Aperture Spherical Radio Telescope (FAST), nestled between hills in the southwestern province of Guizhou, is due to start operation this year. Provincial officials have […]

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China Plans Supercomputer Capable of More Than a Billion Billion Calculations per Second

China is planning a supercomputer 1,000 times more powerful than its groundbreaking Tianhe-1A within two years as it faces rising demand for next-generation computing. The National Supercomputer Centre in Tianjin will release a prototype in 2017 or 2018 of an “exascale” computer – one capable of at least a billion billion calculations per second, Meng […]

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