Just 15 years ago, Chinese consumers were flocking to Western brands. Now they prefer Chinese ones. The fate of the Starbucks Group is telling: Sales and profits in its current 7,300 stores in China are declining. The Chinese are not drinking less coffee, but prefer Chinese brands, partly because they...
Silk and Steel Podcast EP#86-US China Tech War w an Industry Insider
New report paradoxically acknowledges the failure of the economic model the U.S. has tried to impose on the rest of the world. Published in Railway Age magazine and written by the Information Technology Innovation Foundation (ITIF), the report sounds the alarm about China’s growing high-speed rail sector amid escalations in the U.S.’s New Cold War against China, of which technology is a key component.
The Justice Department’s China Initiative Was Established by the Trump Administration to Crackdown on Chinese Economic and Scientific Espionage However, its primary targets have been academics prosecuted for failing to properly disclose their connection to Chinese universities on grant forms and it has led to numerous miscarriages of justice On the...
Lloyd’s of London and Bermuda-based Arch Insurance deny the €400 million claim by Nord Stream AG, arguing their policies do not provide coverage for the 2022 underwater explosions that ruptured the natural gas pipelines in the Baltic Sea because the damage was inflicted by “a government.” But “the defendants’ argument...
Joint Chiefs of Staff Chairman Mark Milley claimed last week that China was close to a “sputnik moment” due to its successful test of a hypersonic missile. However, U.S. space-based early warning systems can detect hypersonic missiles, marking them as no threat at all. General Mark Milley, Chairman of the...
Peace groups in all three nations need to rally against provocative alliance that is a pivotal component of war planning. The AUKUS pact (military initiative among Australia, the UK and U.S.) came out of nowhere in 2021 when Australia broke a $A90 billion contract to buy French submarines. Instead, it signed...
From 1959 to 1966, the U.S. illegally stored nuclear weapons in Greenland in preparation for a nuclear attack on the Soviet Union and built an underground scientific research center right out of a James Bond movie. It resulted in the displacement of natives and has left a residue of...
Secretary of State Mike Pompeo’s visit to Thessaloniki and Crete in Greece on September 28-30—the second tour in the span of a year and only a few weeks before the U.S. presidential elections—furthers the aggressive U.S. agenda shaping the latest political developments in the region. The real purpose of Pompeo’s...
Liberal Democrats shamefully all voted for the “Countering Malign Russian Influence Activities in Africa” Act—seems like relic from bygone era During the Cold War, the U.S. government invoked the pretext of Russian interference to justify a range of crimes, including the assassination of Congolese Prime Minister Patrice Lumumba, the...
Government-sponsored “fake news” is brainwashing the American public into accepting a new U.S./NATO-sponsored Cold War with China. A massive blitz of Western propaganda is behind the escalating U.S. cold war against China. President Biden and most of the U.S. Congress say China has become a serious threat that must be...