36 men in China buy ‘love nest’ with US$140,000 mortgage, then realise they have same lover
一名女子涉嫌在深圳诈骗了36名男子，她伪装成他们的女友，引诱他们在附近城市购买公寓。 这名女子自称刘佳，诱骗受害者在惠州购买房产，惠州距离深圳约90公里。目前警方正在调查此案。
其中一名受害者阿涛表示，他去年3月在网上约会平台认识了刘佳，并很快爱上了她。刘佳给他的印象是温柔、贤惠、顾家和体贴。交往一个月后，他们开始讨论结婚。刘佳声称自己30岁，来自中国中部湖南省，在深圳从事电子商务行业。随后，刘佳以结婚为由，说服阿涛在惠州购买房产，这也成为了其他受害者共同的遭遇。
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一名女子涉嫌在深圳诈骗了36名男子，她伪装成他们的女友，引诱他们在附近城市购买公寓。 这名女子自称刘佳，诱骗受害者在惠州购买房产，惠州距离深圳约90公里。目前警方正在调查此案。
其中一名受害者阿涛表示，他去年3月在网上约会平台认识了刘佳，并很快爱上了她。刘佳给他的印象是温柔、贤惠、顾家和体贴。交往一个月后，他们开始讨论结婚。刘佳声称自己30岁，来自中国中部湖南省，在深圳从事电子商务行业。随后，刘佳以结婚为由，说服阿涛在惠州购买房产，这也成为了其他受害者共同的遭遇。
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US man killed by firing squad in first such execution in 15 years
By Associated Press
A South Carolina man convicted of murder was executed by firing squad Friday, the first US prisoner to die by that method in 15 years.
Brad Sigmon, 67, was pronounced dead at 6.08pm after being shot by three volunteer prison employees wielding rifles loaded with live ammunition.
Sigmon killed his ex-girlfriend’s parents with a baseball bat in their Greenville County home in 2001 in a botched plot to kidnap their daughter. He told police he planned to take her for a romantic weekend, then kill her and himself.
Sigmon’s lawyers said he chose the firing squad because the electric chair would “cook him alive,” and he feared that a lethal injection of pentobarbital into his veins would send a rush of fluid and blood into his lungs and drown him.
The details of South Carolina’s lethal injection method are kept secret, and Sigmon unsuccessfully asked the state Supreme Court on Thursday to pause his execution because of that.
On Friday, Sigmon wore a black jumpsuit with a hood over his head and a white target with a red bullseye over his chest.
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By Associated Press
A South Carolina man convicted of murder was executed by firing squad Friday, the first US prisoner to die by that method in 15 years.
Brad Sigmon, 67, was pronounced dead at 6.08pm after being shot by three volunteer prison employees wielding rifles loaded with live ammunition.
Sigmon killed his ex-girlfriend’s parents with a baseball bat in their Greenville County home in 2001 in a botched plot to kidnap their daughter. He told police he planned to take her for a romantic weekend, then kill her and himself.
Sigmon’s lawyers said he chose the firing squad because the electric chair would “cook him alive,” and he feared that a lethal injection of pentobarbital into his veins would send a rush of fluid and blood into his lungs and drown him.
The details of South Carolina’s lethal injection method are kept secret, and Sigmon unsuccessfully asked the state Supreme Court on Thursday to pause his execution because of that.
On Friday, Sigmon wore a black jumpsuit with a hood over his head and a white target with a red bullseye over his chest.
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Virus that killed Gene Hackman’s wife, Betsy Arakawa, is spread by rodents
吉恩·哈克曼的妻子贝齐·阿拉卡瓦因汉坦病毒感染去世。新墨西哥州官员于周五宣布了这一消息。汉坦病毒是一种经由接触啮齿动物或其尿液、粪便传播的病毒，不会人际传播，目前尚无特效疗法，但及早治疗可以提高生存几率。
汉坦病毒感染初期症状类似流感，包括身体疼痛和全身不适，可能难以区分。该病毒会导致严重的肺部感染，即汉坦病毒肺综合征。美国疾病控制与预防中心自1993年美国西南部四角地区爆发疫情后开始追踪该病毒。
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吉恩·哈克曼的妻子贝齐·阿拉卡瓦因汉坦病毒感染去世。新墨西哥州官员于周五宣布了这一消息。汉坦病毒是一种经由接触啮齿动物或其尿液、粪便传播的病毒，不会人际传播，目前尚无特效疗法，但及早治疗可以提高生存几率。
汉坦病毒感染初期症状类似流感，包括身体疼痛和全身不适，可能难以区分。该病毒会导致严重的肺部感染，即汉坦病毒肺综合征。美国疾病控制与预防中心自1993年美国西南部四角地区爆发疫情后开始追踪该病毒。
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Gene Hackman died of heart disease, wife died of hantavirus a week earlier
Actor Gene Hackman, 95, died of heart disease and showed severe signs of Alzheimer’s disease, authorities revealed a week after his wife, Betsy Arakawa, 65, died of hantavirus in their home. The bodies were discovered on February 26, and initial investigations ruled out foul play and carbon monoxide poisoning.
Chief Medical Investigator Heather Jarrell suggested Hackman may not have been aware of his wife's death due to advanced Alzheimer's. Arakawa's death was linked to hantavirus pulmonary syndrome, a rare disease spread by infected rodent droppings, while Hackman's death was attributed to heart disease, with Alzheimer's as a contributing factor. Arakawa was found with an open prescription bottle and scattered pills in the bathroom.
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Actor Gene Hackman, 95, died of heart disease and showed severe signs of Alzheimer’s disease, authorities revealed a week after his wife, Betsy Arakawa, 65, died of hantavirus in their home. The bodies were discovered on February 26, and initial investigations ruled out foul play and carbon monoxide poisoning.
Chief Medical Investigator Heather Jarrell suggested Hackman may not have been aware of his wife's death due to advanced Alzheimer's. Arakawa's death was linked to hantavirus pulmonary syndrome, a rare disease spread by infected rodent droppings, while Hackman's death was attributed to heart disease, with Alzheimer's as a contributing factor. Arakawa was found with an open prescription bottle and scattered pills in the bathroom.
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Having more women on boards makes business sense. Hong Kong gets it
Despite global progress in gender equality, the World Economic Forum predicts it will take another 134 years to achieve gender parity. While some regions show signs of stalled progress, Hong Kong is demonstrating a positive trend, particularly in its capital markets, as the city celebrates International Women’s Day.
Hong Kong's near-total compliance with the ban on single-gender boards, requiring at least one woman per board in over 2,600 listed companies, is a significant step. This seemingly small requirement is expected to catalyze a broader "diversity journey" within companies, creating more opportunities for women in leadership and fostering a more inclusive workplace culture. The hope is that these company-led initiatives, spurred by the ban, will lead to sustainable and market-driven change.
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Despite global progress in gender equality, the World Economic Forum predicts it will take another 134 years to achieve gender parity. While some regions show signs of stalled progress, Hong Kong is demonstrating a positive trend, particularly in its capital markets, as the city celebrates International Women’s Day.
Hong Kong's near-total compliance with the ban on single-gender boards, requiring at least one woman per board in over 2,600 listed companies, is a significant step. This seemingly small requirement is expected to catalyze a broader "diversity journey" within companies, creating more opportunities for women in leadership and fostering a more inclusive workplace culture. The hope is that these company-led initiatives, spurred by the ban, will lead to sustainable and market-driven change.
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US mulls ban on China’s DeepSeek from government devices, insider says
美国特朗普政府正在考虑以国家安全为由，禁止在政府设备上使用中国人工智能聊天机器人DeepSeek。官员们担心DeepSeek对用户数据的处理方式，该公司声称其数据存储在中国境内的服务器上。此举旨在保护美国国家安全，防止敏感信息泄露。
除了在政府设备上禁用DeepSeek外，美国政府还在考虑将其从应用商店下架，并限制美国云服务提供商向客户提供DeepSeek的AI模型。此前，DeepSeek的低成本AI模型曾引发全球股市抛售，投资者担心其可能威胁到现有AI市场领导者。此外，21位州检察长已敦促国会通过法案，禁止在政府设备上下载和使用DeepSeek。
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美国特朗普政府正在考虑以国家安全为由，禁止在政府设备上使用中国人工智能聊天机器人DeepSeek。官员们担心DeepSeek对用户数据的处理方式，该公司声称其数据存储在中国境内的服务器上。此举旨在保护美国国家安全，防止敏感信息泄露。
除了在政府设备上禁用DeepSeek外，美国政府还在考虑将其从应用商店下架，并限制美国云服务提供商向客户提供DeepSeek的AI模型。此前，DeepSeek的低成本AI模型曾引发全球股市抛售，投资者担心其可能威胁到现有AI市场领导者。此外，21位州检察长已敦促国会通过法案，禁止在政府设备上下载和使用DeepSeek。
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Trump says he may hit Canada with tariffs on dairy and timber ‘as early as today’
By Reuters
US President Donald Trump on Friday railed against what he called tremendously high Canadian tariffs on dairy and timber, and said his administration could impose reciprocal tariffs on Canadian products as early as Friday.
“Canada has been ripping us off on for years on tariffs for lumber and for dairy products,” he told reporters in the Oval Office. “They’ll be met with the exact same tariffs, unless they drop it, and … we may do it as early as today or we’ll wait ’til Monday or Tuesday”.
Trump also mentioned India’s high tariff rates, but said India had agreed to lower its import duties.
On Thursday, Trump suspended tariffs of 25 per cent imposed this week on most goods from Canada and Mexico.
In a Fox Business Network interview aired earlier on Friday he said he had wanted to implement the 30-day break for goods compliant with a regional free trade deal to help carmakers. But he added that the reprieve was a short-term measure and tariffs could go up over time.
“I thought it would be a fair thing to do, and so I gave them a little bit of a break for this short period of time,” Trump said in the interview.
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By Reuters
US President Donald Trump on Friday railed against what he called tremendously high Canadian tariffs on dairy and timber, and said his administration could impose reciprocal tariffs on Canadian products as early as Friday.
“Canada has been ripping us off on for years on tariffs for lumber and for dairy products,” he told reporters in the Oval Office. “They’ll be met with the exact same tariffs, unless they drop it, and … we may do it as early as today or we’ll wait ’til Monday or Tuesday”.
Trump also mentioned India’s high tariff rates, but said India had agreed to lower its import duties.
On Thursday, Trump suspended tariffs of 25 per cent imposed this week on most goods from Canada and Mexico.
In a Fox Business Network interview aired earlier on Friday he said he had wanted to implement the 30-day break for goods compliant with a regional free trade deal to help carmakers. But he added that the reprieve was a short-term measure and tariffs could go up over time.
“I thought it would be a fair thing to do, and so I gave them a little bit of a break for this short period of time,” Trump said in the interview.
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Trump’s ‘cyber summit’ gives digital currency new credibility with prominent US role
By Mark Magnier
US President Donald Trump’s inaugural “crypto summit” at the White House on Friday was characterised by many of his classic touches: breaking tradition, teasing potentially risky bets and offering up US government resources in a new and starkly different way.
Hours before it was due to start, Trump announced the signing of an executive order establishing a “Strategic Bitcoin Reserve and United States Digital Asset Stockpile”.
Analysts cautioned that this could place US assets in a highly volatile medium that many consider speculative.
“I will make sure the US is the Crypto Capital of the World,” Trump said earlier this week on social media, announcing that the reserve would involve five cryptocurrencies: bitcoin, ether, XRP, solana and cardano.
But the executive order largely focused on bitcoin.
“Bitcoin is often referred to as ‘digital gold’,” it read. “Just as it is in our country’s interest to thoughtfully manage national ownership and control of any other resource, our nation must harness, not limit, the power of digital assets for our prosperity.”
Unlike ordinary paper currency, cryptocurrency is not issued by a central government, instead operating on a decentralised digital network. As such, digital currencies have no intrinsic value or legislated status as legal tender and are only worth what buyers are willing to pay.
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By Mark Magnier
US President Donald Trump’s inaugural “crypto summit” at the White House on Friday was characterised by many of his classic touches: breaking tradition, teasing potentially risky bets and offering up US government resources in a new and starkly different way.
Hours before it was due to start, Trump announced the signing of an executive order establishing a “Strategic Bitcoin Reserve and United States Digital Asset Stockpile”.
Analysts cautioned that this could place US assets in a highly volatile medium that many consider speculative.
“I will make sure the US is the Crypto Capital of the World,” Trump said earlier this week on social media, announcing that the reserve would involve five cryptocurrencies: bitcoin, ether, XRP, solana and cardano.
But the executive order largely focused on bitcoin.
“Bitcoin is often referred to as ‘digital gold’,” it read. “Just as it is in our country’s interest to thoughtfully manage national ownership and control of any other resource, our nation must harness, not limit, the power of digital assets for our prosperity.”
Unlike ordinary paper currency, cryptocurrency is not issued by a central government, instead operating on a decentralised digital network. As such, digital currencies have no intrinsic value or legislated status as legal tender and are only worth what buyers are willing to pay.
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After Trump clash, Zelensky’s approval rating in Ukraine rises to 67%
By Reuters
President Volodymyr Zelensky’s approval rating has risen by 10 percentage points since his White House clash with US President Donald Trump, a poll by a leading Ukrainian pollster showed on Friday.
The poll by the Kyiv International Institute of Sociology (KIIS) showed that 67 per cent of respondents trusted Zelensky in March, up from 57 per cent a month earlier.
The survey was conducted from February 14 to March 4 – a challenging time for Zelensky as Kyiv’s relations with the United States, its biggest military backer, plunged into crisis after the Oval Office meeting on February 28.
Anton Hrushetskyi, KIIS’ executive director, said the poll showed Ukrainians were rallying behind Zelensky more than three years after Russia’s full-scale invasion.
“Ukrainians perceive the rhetoric of the new US administration as an attack on the whole of Ukraine and all Ukrainians,” Hrushetskyi said in a statement.
He said Ukrainians want peace but not a peace that comes at too high a cost.
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By Reuters
President Volodymyr Zelensky’s approval rating has risen by 10 percentage points since his White House clash with US President Donald Trump, a poll by a leading Ukrainian pollster showed on Friday.
The poll by the Kyiv International Institute of Sociology (KIIS) showed that 67 per cent of respondents trusted Zelensky in March, up from 57 per cent a month earlier.
The survey was conducted from February 14 to March 4 – a challenging time for Zelensky as Kyiv’s relations with the United States, its biggest military backer, plunged into crisis after the Oval Office meeting on February 28.
Anton Hrushetskyi, KIIS’ executive director, said the poll showed Ukrainians were rallying behind Zelensky more than three years after Russia’s full-scale invasion.
“Ukrainians perceive the rhetoric of the new US administration as an attack on the whole of Ukraine and all Ukrainians,” Hrushetskyi said in a statement.
He said Ukrainians want peace but not a peace that comes at too high a cost.
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Poland’s leader plans military training for all adult males amid Ukraine fears
波兰总理唐纳德·图斯克周五表示，政府正在制定一项计划，为所有成年男性提供大规模军事训练，以应对欧洲不断变化的安全局势。此举旨在建立一支能够应对潜在威胁的后备力量，应对可能面临的挑战。
波兰位于北约东翼，对乌克兰战争深感担忧。如果乌克兰战败，人们担心俄罗斯可能会将其扩张野心转向波兰等国。除了军事训练外，波兰最大反对党法律与公正党领导人雅罗斯瓦夫·卡钦斯基表示，社会也需要一种心态转变，重拾骑士精神，让男性意识到自己也应成为士兵，能够挺身而出，甚至献出生命。
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波兰总理唐纳德·图斯克周五表示，政府正在制定一项计划，为所有成年男性提供大规模军事训练，以应对欧洲不断变化的安全局势。此举旨在建立一支能够应对潜在威胁的后备力量，应对可能面临的挑战。
波兰位于北约东翼，对乌克兰战争深感担忧。如果乌克兰战败，人们担心俄罗斯可能会将其扩张野心转向波兰等国。除了军事训练外，波兰最大反对党法律与公正党领导人雅罗斯瓦夫·卡钦斯基表示，社会也需要一种心态转变，重拾骑士精神，让男性意识到自己也应成为士兵，能够挺身而出，甚至献出生命。
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Why a renewed US-China trade war could yield bumper harvest for Brazilian farmers
巴西正加大力度将其农产品出口定位为对华贸易中美国的替代品。在中国与美国贸易关系紧张之际，巴西希望通过扩大对华农产品出口，来填补美国可能留下的市场空白，尤其是在大豆、玉米和高粱等关键农产品方面。
虽然中国长期以来一直是巴西大豆的主要买家，但巴西政府和行业代表表示，他们正在寻求来自北京的长期承诺，以支持其扩大生产规模。 巴西已于去年11月获得向中国出口玉米和高粱的批准，目前正积极鼓励农民扩大这些作物的生产，以进一步巩固其在中国市场的地位。
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巴西正加大力度将其农产品出口定位为对华贸易中美国的替代品。在中国与美国贸易关系紧张之际，巴西希望通过扩大对华农产品出口，来填补美国可能留下的市场空白，尤其是在大豆、玉米和高粱等关键农产品方面。
虽然中国长期以来一直是巴西大豆的主要买家，但巴西政府和行业代表表示，他们正在寻求来自北京的长期承诺，以支持其扩大生产规模。 巴西已于去年11月获得向中国出口玉米和高粱的批准，目前正积极鼓励农民扩大这些作物的生产，以进一步巩固其在中国市场的地位。
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TSMC may have dodged Trump tariffs but lawsuit over ‘anti-American’ practices presses on
TSMC, the world's leading semiconductor manufacturer, appears to have strategically mitigated potential tariffs by announcing a massive US$100 billion investment in Arizona. This move, involving the construction of five factories, aligns with the "Make-in-America" initiative and could help the company avoid tariffs of up to 100% that have been threatened. TSMC is already investing heavily in Arizona, including two additional factories and a semiconductor fabrication facility, supported in part by subsidies from the Chips and Science Act of 2022.
However, this significant investment announcement coincides with a legal battle where TSMC is accused of "anti-American" workforce practices. The accusations include discrimination and hostility towards non-East Asian employees, as well as allegations of sexual misconduct. While TSMC denies these claims, and some employees have voiced their support for the company, the legal proceedings are set to begin next month and could potentially overshadow the company's efforts to expand its advanced chip production in the United States.
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TSMC, the world's leading semiconductor manufacturer, appears to have strategically mitigated potential tariffs by announcing a massive US$100 billion investment in Arizona. This move, involving the construction of five factories, aligns with the "Make-in-America" initiative and could help the company avoid tariffs of up to 100% that have been threatened. TSMC is already investing heavily in Arizona, including two additional factories and a semiconductor fabrication facility, supported in part by subsidies from the Chips and Science Act of 2022.
However, this significant investment announcement coincides with a legal battle where TSMC is accused of "anti-American" workforce practices. The accusations include discrimination and hostility towards non-East Asian employees, as well as allegations of sexual misconduct. While TSMC denies these claims, and some employees have voiced their support for the company, the legal proceedings are set to begin next month and could potentially overshadow the company's efforts to expand its advanced chip production in the United States.
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Hong Kong urged to focus on development while safeguarding national security
Chinese Vice-Premier Ding Xuexiang has lauded Hong Kong for its political and economic "breakthroughs" over the past year, emphasizing the need to prioritize development while maintaining vigilance on national security. He urged the city to focus on advancing its economy and solidifying its position as a global hub.
Ding, a top aide to President Xi Jinping, specifically highlighted the importance of the Northern Metropolis project and closer collaboration with mainland China, particularly in fintech. He also called on Hong Kong's representatives to uphold the principles of "one country, two systems," referencing Xi's speech in Macau as a guiding direction for Hong Kong's future development.
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Chinese Vice-Premier Ding Xuexiang has lauded Hong Kong for its political and economic "breakthroughs" over the past year, emphasizing the need to prioritize development while maintaining vigilance on national security. He urged the city to focus on advancing its economy and solidifying its position as a global hub.
Ding, a top aide to President Xi Jinping, specifically highlighted the importance of the Northern Metropolis project and closer collaboration with mainland China, particularly in fintech. He also called on Hong Kong's representatives to uphold the principles of "one country, two systems," referencing Xi's speech in Macau as a guiding direction for Hong Kong's future development.
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Trump ‘strongly’ mulls banking sanctions, tariffs on Russia
Donald Trump表示，他正在“强烈考虑”对俄罗斯实施大规模银行制裁、关税等措施，直到乌克兰实现停火并达成最终和平协议。 此举旨在向俄罗斯和乌克兰施压，促使双方尽快回到谈判桌前，以避免局势进一步恶化。
此前，特朗普曾暂停对乌克兰的军事援助和情报共享，以迫使基辅接受停火协议。与此同时，特朗普也因其对乌克兰战争的立场而受到批评，包括他上个月表示，基辅而非俄罗斯应该为战争负责。值得注意的是，此番言论与此前路透社报道的白宫可能考虑放松对俄制裁以推动结束战争、改善与莫斯科关系的消息形成对比。
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Donald Trump表示，他正在“强烈考虑”对俄罗斯实施大规模银行制裁、关税等措施，直到乌克兰实现停火并达成最终和平协议。 此举旨在向俄罗斯和乌克兰施压，促使双方尽快回到谈判桌前，以避免局势进一步恶化。
此前，特朗普曾暂停对乌克兰的军事援助和情报共享，以迫使基辅接受停火协议。与此同时，特朗普也因其对乌克兰战争的立场而受到批评，包括他上个月表示，基辅而非俄罗斯应该为战争负责。值得注意的是，此番言论与此前路透社报道的白宫可能考虑放松对俄制裁以推动结束战争、改善与莫斯科关系的消息形成对比。
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Hong Kong couple jailed up to 3 years for repeatedly abusing three-year-old son
香港一对夫妇因长期虐待他们三岁的儿子而被判入狱，刑期最高可达三年。这名幼童遭受了包括掌掴面部、高空抛摔以及用金属尺击打头部等虐待，导致其大脑和眼睛可能受到永久性损伤。
法庭获悉，这对失业的夫妇在2022年末至2023年初的十天里，还曾将孩子赤身裸体地留在寒冷的环境中，并使其挨饿。这名23岁的母亲和她26岁的男友黄逸鸣（非孩子生父）共同承认了一项虐待或忽略儿童的罪名。黄逸鸣还承认有意对这名幼童造成严重的身体伤害。据悉，这名孩子在2019年11月出生六个月后就被送往寄养家庭，由于被诊断出患有语言障碍和发育迟缓，他在不同的家庭中度过了最初的几年，直到2022年圣诞节期间，他的母亲获得了社会福利署的批准，才得以短暂地和他住在一起。母亲被判入狱两年半，男友被判入狱三年。
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香港一对夫妇因长期虐待他们三岁的儿子而被判入狱，刑期最高可达三年。这名幼童遭受了包括掌掴面部、高空抛摔以及用金属尺击打头部等虐待，导致其大脑和眼睛可能受到永久性损伤。
法庭获悉，这对失业的夫妇在2022年末至2023年初的十天里，还曾将孩子赤身裸体地留在寒冷的环境中，并使其挨饿。这名23岁的母亲和她26岁的男友黄逸鸣（非孩子生父）共同承认了一项虐待或忽略儿童的罪名。黄逸鸣还承认有意对这名幼童造成严重的身体伤害。据悉，这名孩子在2019年11月出生六个月后就被送往寄养家庭，由于被诊断出患有语言障碍和发育迟缓，他在不同的家庭中度过了最初的几年，直到2022年圣诞节期间，他的母亲获得了社会福利署的批准，才得以短暂地和他住在一起。母亲被判入狱两年半，男友被判入狱三年。
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In turbulent Trump times, China frames itself as defender of world stability
Chinese Foreign Minister Wang Yi used his annual press conference to position China as a stabilizing force for world peace, contrasting this with the perceived disruptive role of the United States. He emphasized that in a turbulent world, China offers certainty and stands on the right side of history.
Wang Yi's remarks, delivered during the "two sessions" in Beijing, subtly criticized the US approach to global issues while highlighting China's commitment to the developing world. This comes as the potential return of Donald Trump to the White House raises concerns about further shifts in US foreign policy and potential global instability.
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Chinese Foreign Minister Wang Yi used his annual press conference to position China as a stabilizing force for world peace, contrasting this with the perceived disruptive role of the United States. He emphasized that in a turbulent world, China offers certainty and stands on the right side of history.
Wang Yi's remarks, delivered during the "two sessions" in Beijing, subtly criticized the US approach to global issues while highlighting China's commitment to the developing world. This comes as the potential return of Donald Trump to the White House raises concerns about further shifts in US foreign policy and potential global instability.
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Trump wants the US to be the world’s crypto capital. Will China take notice?
Donald Trump's creation of a US cryptocurrency reserve and the upcoming White House Crypto Summit are poised to draw global attention, particularly if the reserve becomes substantial enough to influence trading and market prices. The initiative, formalized through an executive order, aims to establish a "Strategic Bitcoin Reserve" and "US Digital Asset Stockpile" to enhance the US's strategic position in the digital asset space, utilizing assets already held by federal government offices.
While a significant cryptocurrency reserve could potentially bolster the US dollar's role in international trade, some countries, including China, are likely to maintain their distance from Washington's economic influence. China already has safeguards in place to mitigate any potential impact from the US cryptocurrency reserve, reflecting a broader trend of nations seeking economic independence from the US. The reserve will be initially capitalized with cryptocurrency units forfeited to the US Department of Treasury through legal proceedings.
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Donald Trump's creation of a US cryptocurrency reserve and the upcoming White House Crypto Summit are poised to draw global attention, particularly if the reserve becomes substantial enough to influence trading and market prices. The initiative, formalized through an executive order, aims to establish a "Strategic Bitcoin Reserve" and "US Digital Asset Stockpile" to enhance the US's strategic position in the digital asset space, utilizing assets already held by federal government offices.
While a significant cryptocurrency reserve could potentially bolster the US dollar's role in international trade, some countries, including China, are likely to maintain their distance from Washington's economic influence. China already has safeguards in place to mitigate any potential impact from the US cryptocurrency reserve, reflecting a broader trend of nations seeking economic independence from the US. The reserve will be initially capitalized with cryptocurrency units forfeited to the US Department of Treasury through legal proceedings.
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China’s ‘heart will always be with the Global South’ in a changing world: Wang Yi
China is intensifying its focus on strengthening ties with the Global South amid renewed trade tensions with the US, economic challenges, and increasing geopolitical pressures. Foreign Minister Wang Yi emphasized the importance of the Global South, referring to it multiple times during a recent press conference, highlighting China's ambition to lead developing nations.
This strategic emphasis on the Global South reflects China's desire to build solidarity and counter external pressures. Wang Yi positioned the Global South as a crucial force for global peace, development, and governance, signaling China's intent to leverage its relationships with these nations to navigate a complex international landscape, especially with the uncertainties arising from the US.
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China is intensifying its focus on strengthening ties with the Global South amid renewed trade tensions with the US, economic challenges, and increasing geopolitical pressures. Foreign Minister Wang Yi emphasized the importance of the Global South, referring to it multiple times during a recent press conference, highlighting China's ambition to lead developing nations.
This strategic emphasis on the Global South reflects China's desire to build solidarity and counter external pressures. Wang Yi positioned the Global South as a crucial force for global peace, development, and governance, signaling China's intent to leverage its relationships with these nations to navigate a complex international landscape, especially with the uncertainties arising from the US.
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