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HSBC, one of the world’s largest banks, announced a dramatic shift in its global strategy this week. The London-based financial giant revealed plans to close parts of its investment banking operations in the U.S., Europe, and the UK.

In recent years, U.S.-China competition has extended beyond technology and economics to include diplomacy and military affairs. Europe finds itself under immense pressure in this global

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FILE PHOTO: China's President Xi Jinping leaves the podium following his speech after a ceremony to inaugurate the city's new leader and government in Hong Kong, China, July 1, 2022, on the 25th anniversary of the city's handover from Britain to China. Selim Chtayti/Pool via REUTERS

Since 2013, General Secretary Xi Jinping has successively proposed the major initiatives of jointly building the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road.”

November 24, 2024
French Cognac giant Rémy Martin. Credit AnjelikaGr Shutterstoc

The escalating trade tensions between China and the European Union (EU) have reached a critical point, as China’s Ministry of Commerce announced the implementation of provisional anti-dumping measures targeting imported brandy from the EU. These measures, perceived as a retaliatory response to the EU’s recent tariffs on

November 17, 2024
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