Category: China
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Taiwan Unveils $40B Defense Surge to Counter China
Taiwan’s President Lai Ching-te announced a landmark $40 billion (NT$1.25 trillion) supplementary defense budget on November 26, 2025, during a press conference in Taipei. This multi-year plan, spanning 2026 to 2033, aims to deter potential aggression from China by enhancing asymmetric warfare capabilities, accelerating arms acquisitions from the U.S., and boosting domestic production. The move…
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Russia Offers to Be China’s Energy Backbone
Igor Sechin, CEO of Rosneft — Russia’s largest oil company — and Executive Secretary of the Presidential Commission for Strategic Development of the Fuel and Energy Sector, made the remarks during his speech at the opening ceremony of the VII Russian-Chinese Energy Business Forum (RCEBF) in Beijing on November 25, 2025. He stated that “Russia…
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Japan to Deploy Missile Defenses on Yonaguni
On November 23, 2025, Japan’s Defense Minister Shinjiro Koizumi confirmed during a visit to the island that plans are advancing to deploy medium-range surface-to-air missiles on Yonaguni Island, located approximately 110 km east of Taiwan. This is part of Japan’s expanded military enhancements along its southwestern islands to strengthen deterrence against potential threats from China,…
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Bound by Trade, Split by War
On November 18, 2025, during a Bloomberg fireside chat in Brussels, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas highlighted how the European Union’s extensive economic interdependence with China is severely limiting its leverage to confront Beijing’s role in supporting Russia’s invasion of Ukraine. This statement underscores ongoing tensions in EU-China relations,…
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Export Competition Reshapes Global Growth
What is your most up-to-date and in-depth assessment on this Goldman Sachs graphics? Economics-100, Chief Economist: Executive Summary:This Goldman Sachs chart illustrates the projected impact of increased export competition on annual GDP growth (2026–2029 average) across a range of countries and regions. The data shows that Germany, Central and Eastern Europe (CEE-4), and Italy face…