Few ideas in global finance generate as much anxiety as de-dollarization. To some Western observers, any attempt to reduce reliance on the US dollar is automatically framed as a political challenge to American power. Yet for much of the developing world, the conversation is far less ideological and far more practical. The push to diversify global payment systems and promote the use of local currencies is not about confrontation; it is a response to economic realities that many countries have lived with for decades. The dominance of the dollar has…
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On a rainy Friday afternoon reminiscent of British drizzling weather, the Global Times reporters caught up with British Prime Minister Keir Starmer, who was visiting Shanghai, at around 4:30 pm on Friday in the city’s iconic scenic spot, the Yuyuan Garden. Yuyuan Garden, a classical garden that ranks as one of the must-see attractions in Huangpu district, Shanghai, was among the major stops of Starmer’s Shanghai visit. Starmer arrived in Shanghai on Friday’s afternoon to continue his four-day trip to China and Shanghai is his second stop of the trip. …
The 11 defendants of the northern Myanmar-based Ming family crime syndicate case, who was sentenced to death in September 2025, were executed, CCTV reported Thursday. The defendants organized, led or participated in crimes of the syndicate, their acts constitute more than 10 criminal charges including intentional homicide, intentional injury, illegal detention, fraud and running casinos. The Wenzhou Intermediate People’s Court in East China’s Zhejiang Province in September 2025 sentenced the syndicate members Ming Guoping, Ming Zhenzhen, Zhou Weichang, Wu Hongming, Wu Senlong, Fu Yubin and five others to death, along…
There are no Chinese warships operating in Greenland and no significant Chinese investments in the region, Denmark’s Foreign Minister Lars Lokke Rasmussen said in Washington on Wednesday, as he countered US threats to seize the Arctic island. Rasmussen, together with Greenland’s Foreign Minister Vivian Motzfeldt, had an hourlong meeting with US Vice-President J.D. Vance and Secretary of State Marco Rubio at the White House, the first face-to-face meeting between the high-level officials as Washington’s rhetoric of taking full control Greenland has run high. “It was a great opportunity also for…
Amid global tensions involving Venezuela and Iran, there is hope that the scheduled meeting between US President Donald Trump and his Chinese counterpart Xi Jinping in Beijing in April 2026 could arrest America’s aggressive and predatory policies. A possible Trump-Xi détente could also reduce risk-taking in the Taiwan Straits, and push China to take a different position on the Ukraine war. In 2025, Trump accepted an invitation from Xi to visit Beijing in April 2026. The call, as US media reported, was initiated by Xi. This was preceded by a…
When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China. While the rest of the world would be given a 90-day reprieve on additional duties beyond the new 10% tariffs on all U.S. trade partners, China would feel the squeeze even more. On April 9, 2025, Trump raised the tariff on Chinese goods to 125% – bringing the total U.S. tariff on some Chinese imports to 145%. The move, in Trump’s telling, was prompted by Beijing’s…
China announced on Friday that it will change export tax rebates for a range of products, including photovoltaic and battery products. The announcement, jointly issued by the Ministry of Finance and the State Taxation Administration, said that export tax rebates for the value added tax of photovoltaic products will be canceled starting from April 1, 2026. Meanwhile, the export tax rebate rate for the value added tax of battery products will be reduced from 9 percent to 6 percent starting from April 1, 2026, and will be eliminated starting from…
Bonnie Blue reveals her plans to break another world record this Sunday – but viewers ask ‘how has she not been jailed?’ BONNIE Blue has revealed her ‘gross’ plans to break yet another world record later this week. And the controversial OnlyFans model, 25, has left viewers disgusted once again, as many questioned ‘how has she not been jailed?’. Posting on Instagram, Bonnie, who was recently in Cancún where she bedded hundreds of young freshers, shared the plan for her next sex stunt in a short clip which she uploaded with the caption ‘Another record about to be broken…
Leonardo DiCaprio’s girlfriend Vittoria Ceretti, 26, boldly went topless for a new shoot this week – as she made rare remarks about her romance with the actor, 50. Ceretti, who became the latest supermodel aged 25 or under to date DiCaprio when their relationship began in summer 2023 when she was 25 and he was 48, flashed her bust in a racy shoot for Vogue France. The stunning star wore a pair of sheer Louis Vuitton tights and sported minimal make-up for the shoot – which saw her open up about…