Day: March 6, 2025

00:00 Introduction00:26 Chinese Economy: Two Sessions, 2025 Targets, Deficits & Debt12:30 China’s Mixue Dethrones McDonalds?

Observers and business leaders across the world have expressed their optimism towards the Chinese economy, as China targets an economic growth rate of around 5 percent in 2025, according to a government work report submitted Wednesday to the national legislature for deliberation. #GLOBALink

President Donald Trump shares a major announcement while addressing a joint session of Congress: Reciprocal tariffs are coming.The United States is prepared for war, Defense Secretary Pete Hegseth says hours after a Beijing spokesperson threatened the United States.Satellite images show China could be building a huge military center underneath West Beijing. Analysts say it could protect senior communist leaders from nuclear strikes. Military experts from the United States and Taiwan break it down.00:00 Intro01:07 Trump: Reciprocal Tariffs to Start on April 204:39 Hegseth on China’s Threat of War: US Is ‘Prepared’06:28 China to Increase Defense Budget by 7.2:26 Reports: China Building Huge Military Complex in Beijing11:54 Trump’s Pick for Key Pentagon Position Scrutinized15:17 DOJ Charges Chinese Hackers Linked to Major Breach16:26 Chinese Medical Devices in US Hospitals17:58 Satellite Image Discloses Potential China’s Supercarrier19:11 China Sets Stimulus Plan to Offset US Tariff Impacts

Let me zoom in and show you. Behind me, there are over 2,000 unsold vehicles packed tightly together. Most of these cars were repossessed from dealerships and 4S stores that went bankrupt. This is Liangshan, Shandong, and these are mostly new cars that have been sitting in inventory for about three years. But their prices are now much lower than brand-new models. Seeing so many unsold cars lined up like this isn’t a good sign. It means new cars are getting harder to sell and losing value faster. To me, this reflects the decline of the entire industry. Do you think there’s still a chance for a recovery?

Philippines Vows To Fight Against China’s Potential Air Defence Zone Move | Spotlight | N18GThe Philippine defence secretary said his country and its allies would take measures to counter any attempt by China to impose an air defence zone or restrict freedom of flights over the South China Sea. The country’s top defence official Gilberto Teodoro said that China’s increasing aggression in the region remains the greatest threat to the national security of the Philippines. Confrontations over the strategic waterway, which Beijing claims almost in its entirety, have spiked between Chinese and Philippine Coast Guard and Navy forces the recent times. Manila’s assertion of a united front against Chinese expansionism means the unfolding of existing and new defence alliances in the region. Apart from the Philippines’ neighbours, it also implies an even more significant defence role for Japan, Australia and the most important treaty ally of all, the United States.—The Philippines | China | South China Sea | Xi Jinping | Gilberto Teodoro | Philippines China Relations | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News#phlippines #philippinedefense #philippinesnews #china #chinanews #xijinping #firstpostspotlight #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews

The Chinese Communist regime operates within a totalitarian framework built on absolute control. Since the start of China’s economic reforms, the CCP has found itself in a paradox. On one hand, it had to loosen control over the private sector to stimulate economic growth. On the other, it could not afford to fully relinquish control, fearing that private ownership and property rights would politically empower citizens and threaten the Party’s authority.The rise of the digital economy has only deepened Xi Jinping’s anxieties, intensifying the CCP’s perpetual struggle to balance economic growth with authoritarian control. It’s proven to be mission impossible.

In China, gold has become a popular investment as shoppers seek safe havens amid economic uncertainty and global tensions, with prices hitting record highs. At Beijing’s Two Sessions meetings, officials expressed confidence in meeting the 5% GDP target by boosting domestic consumption and supporting the private sector, including a $138 billion fund for tech start-ups. The government is prioritizing future industries, highlighting innovations like DeepSeek’s AI chatbot, while financial markets show optimism with Hong Kong shares rallying. However, potential US tariffs pose risks, though Beijing claims readiness with ample policy tools. As economic challenges persist, gold remains a symbol of stability and security for many Chinese citizens.