• TwoTigers24, New York
  • October 19, 2026

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A key treaty aimed at curbing nuclear deployments and limiting nuclear threats around the globe has just expired. President Donald Trump rejected an offer from his Russian counterpart to extend it. Why? And what comes next?The United States says Beijing has conducted a secret nuclear test. Here’s more on Trump’s plan, as the United States faces growing nuclear threats from both China and Russia.Thomas DiNanno, under secretary for arms control and international security: “China remains on track to have over 1,000 nuclear warheads by 2030, and Russia is supporting this buildup.”Preparations are mounting ahead of a possible attack on Taiwan. The United States has successfully tested new attack drones as it strengthens military cooperation with Taiwan. Meanwhile, China is unveiling new hypersonic missiles.00:00 Intro01:09 Trump Rejects Putin Offer to Extend New START Nuclear Treaty03:10 U.S.: China Has Conducted Secret Nuclear Testing05:23 Copley on Bringing China Under New Nuclear Control07:10 Nuclear Treaty Fails to Constrain China’s Growth: Copley09:37 Trump-Xi Deal Carries Long-Term Risks: Copley11:16 U.S., Taiwan Successfully Test New Jet Attack Drone12:19 China Develops Hypersonic Missile for Drones, Aircraft13:36 U.S. Boosts Rare Earth Output, Reduces China Reliance14:22 Democrat Senators Ask for SpaceX Probe15:26 Ikea Shuts Down 7 Major Stores in China16:11 Japan Election: Key Things to Watch This Sunday19:49 TSMC to Make Advanced AI Semiconductors in JapanOne of our viewers asks whether America is building facilities to refine rare earth minerals to reduce reliance on China’s supply chain. We break it down.

Author

YNOT — Two Tigers Consulting From Building Bridges to Watching China About 15 years ago, I founded a small company called Two Tigers Consulting with a relatively simple idea: help American and Chinese businesses work together. At the time, China represented one of the greatest business opportunities in the world — a rapidly expanding economy, extraordinary manufacturing capabilities, and ambitious entrepreneurs eager to build relationships with American companies. Two Tigers Consulting was created to help bridge that gap. For a while, it worked. We attended trade shows, arranged meetings, and introduced companies across both cultures. But after one particularly promising trade show, several Chinese businesspeople we had met were reportedly arrested upon returning to China — apparently for traveling without proper authorization. That experience taught me something important: in China, being a successful entrepreneur doesn't necessarily mean being free to conduct business. As Xi Jinping consolidated power and the political environment shifted, we concluded the potential rewards of doing business in China no longer justified the risks. Rather than abandon our knowledge entirely, Two Tigers evolved into a platform for following, discussing, and analyzing developments inside China — its economy, political leadership, and increasingly complicated relationship with the United States. I want to make absolutely clear that I have tremendous respect for the Chinese people — their entrepreneurs, engineers, and workers are extraordinarily capable. But I also believe China's political system creates fundamental contradictions: enormous private fortunes can be accumulated, yet ultimate political authority remains firmly concentrated, making relationships based on mutual trust and predictable rules extremely difficult to sustain. Today, Two Tigers is an independent publication examining China's achievements, challenges, ambitions, and contradictions — where they intersect with the United States and the broader world. What began as a small business venture now attracts roughly 10,000 visits a day. Understanding China is no longer optional: what happens there affects businesses, economies, and people throughout the world. And that is why Two Tigers continues.

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