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Having stood as the world’s lone superpower since the end of the Cold War, the United States now faces unprecedented challenges to its global influence, the intelligence community concluded in ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. The Chinese government has slammed ...
China's economy, amidst electricity shortages, regulatory crackdowns, and a deflating real estate sector, is at a turning point. What will it mean for China, and for the world, if the Chinese ...
In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020. [ 12 ] [ 13 ] The supply chain crisis is a major contributing factor in the 2022 United States infant formula shortage , [ 14 ] the tampon shortage [ 15 ] and various drugs shortages.
Chinese leader Xi Jinping with U.S. President Joe Biden at the 17th G20 in Bali, November 2022. [1]The relationship between the People's Republic of China (PRC) and the United States of America (USA) has been complex and at times tense since the establishment of the PRC and the retreat of the government of the Republic of China to Taiwan in 1949.
The same process contributed to the collapse of the British empire and continues today, with periodic financial crises (1930s, 2008), which are only relieved by government bailouts and/or war. Hudson adds that whenever history repeats itself, the cost increases; in this case, the U.S. is destroying itself due to bank debt with no way to forgive ...
The crisis at the heavily-indebted property giant deepened as a Hong Kong court ordered it to be wound up.
The terminology is revealing. It is only possible to lose something that one owns. The tacit assumption was that the U.S. owned China, by right, along with most of the rest of the world, much as postwar planners assumed. The "loss of China" was the first major step in "America's decline." It had major policy consequences. [1]