China Economy

Coffee

Brazil coffee farmers recieve lawsuit for defaults

After hundreds of Brazilian coffee farmers have failed to deliver the pre-agreed orders, many commodities traders are pursuing legal actions. Some of these traders include: including Louis Dreyfus, Olam, and Volcafe. They have claimed that this default in delivery has left them exposed to losses. The climate turmoil in Brazil has increased the price of …

Brazil coffee farmers recieve lawsuit for defaults Read More »

China`s coronavirus spike ahead of Communist Party meeting

China`s coronavirus spike ahead of Communist Party meeting

China’s new locally transmitted coronavirus cases spiked to a near three-month high, and tighter curbs to restrain the spread are expected in the capital Beijing before a critical gathering of the highest-ranking members of the Communist Party next week. On Wednesday, the National Health Commission verified 93 new local symptomatic cases for Nov. 2, up …

China`s coronavirus spike ahead of Communist Party meeting Read More »

Pentagon disturbed by the Chinese military push

China’s increasing military muscle and its strategy to close America’s control in the Asia-Pacific are disturbing the U.S. defense establishment. American officials see the problem quickly accumulating on multiple fronts. Beijing’s developing nuclear arsenal, progress in space, cyber, and missile technologies, and perils to Taiwan seem like a threat. A possible change in the global …

Pentagon disturbed by the Chinese military push Read More »

Chinas’ Cooperation with Afghanistan

Afghanistan is projecting to have trillions of dollars in rare earth metals. Countries are interested in swooping in on the country, such as China, must go by international rules. According to Shamaila Khan, AllianceBernstein’s director of emerging market debt, the Taliban militants have emerged with resources. They are a “very frightening prospect for the globe,” …

Chinas’ Cooperation with Afghanistan Read More »