China counters U.S. “pivot” at summit with ‘Asia-Pacific dream’ and 2 new “Silk Roads”

China’s President Xi Jinping has a new vision for Asia, with his country at the center of affairs. It embodies what he calls the “Asia-Pacific dream” and two new “Silk Roads” and is backed by tens of billions of dollars in infrastructure investment, a proposed free-trade zone and vigorous diplomatic engagement. It is already shaping […]

How Much Gold Does China Really Have?

It’s amazing that no one is talking about this. “China’s demand is robust” they’ll say. “China may overtake India as the top gold consumer” they’ll add. “Exports rise year over year” the chatter continues. But no one, and I mean no one, in the mainstream is calling a spade a spade. China is hoarding gold […]

New sanctions: Iran won’t be paid in cash for its oil

Ever since European seaports closed their gates to Iranian oil tankers last summer, Iran has looked to the East to keep its economy afloat. Countries such as China, India and South Korea — some of them critics of Western sanctions — have offered Iran a lifeline of reliable markets and much-needed dollars.

China Will Be Apple’s Biggest Market Someday: CEO

Apple expects China to overtake the United States as its biggest market, CEO Tim Cook told a Chinese government news agency. “China is currently our second largest market. I believe it will become our first. I believe strongly that it will,” the Xinhua News Agency quoted Cook as saying in an interview. The report gave […]

China uses Halal meat to boost exports to Muslim world

YINCHUAN, China — The praying and slaughtering begin every morning at sunrise. “Allahu Akbar” intones the imam over each cow before it is strung up by its hooves and quartered. This scene and other religious and ethnic practices set China’s Muslim minorities apart from the rest of the population,

Russia sends confusing signals on Assad, Syrian rebels

Russia backtracked Friday on comments about Syria made by a key official only a day earlier. On Thursday, Russia’s state-run RIA news agency quoted Deputy Foreign Minister Mikhail Bogdanov as saying that an opposition victory over the Assad regime could not be “ruled out.” Friday, Russian Foreign Ministry spokesman Alexander Lukashevich said that Russia’s Syria […]