Versuchen GOLD - Frei

Trump Turns Up The Heat. China Says Bring It On.

Mint Hyderabad

|

March 06, 2025

Beijing doubles down on self-reliance, vows to grow economy and military

- Jonathan Cheng & Hannah Miao

As President Trump ratchets up the political and economic pressure on China, Beijing has responded with a clear message: China will resist U.S. efforts to constrain its rise.

In the past week alone, Trump has placed tariffs on China, Mexico and Canada, the U.S.'s three biggest trading partners, and readied measures to challenge China's dominance in shipbuilding. On Friday, the president upended U.S. foreign policy by opening talks with Russia to end the war in Ukraine—a move that some believe could be aimed at driving a wedge between Moscow and Beijing.

On Wednesday, China's leaders signaled that it hasn't been thrown off by the dramatic developments in Washington. Instead, Beijing is as determined as ever to become self-sufficient and impervious to Western pressure.

"If war is what the U.S. wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end," Chinese Foreign Ministry spokesman Lin Jian said after the latest exchange of retaliatory tariffs. "Intimidation does not scare us. Bullying does not work on us. Pressuring, coercion or threats are not the right way of dealing with China. Anyone using maximum pressure on China is picking the wrong guy."

Beijing sent a similar, albeit more calibrated message, at the opening of China's annual legislative session on Wednesday, where it set an ambitious goal to expand its economy by around 5% this year, unchanged from last year, suggesting that it doesn't see its growth trajectory being derailed by Trump's actions.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

ONGC backs rupee bond after 15 years

State-run Oil and Natural Gas Corp (ONGC) has provided its first guarantee in 15 years for a rupee-denominated bond, likely to be issued by a subsidiary this quarter, three sources aware of the matter said on Thursday.

time to read

1 min

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Silver ETFs soar on festive demand, supply crunch

\"In the past three to four weeks, we have seen a surge in silver demand,\" said Vikram Dhawan, head of commodities and fund manager at Nippon India Mutual Fund, which runs the largest gold and silver ETFs in the country.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

The dollar is far from dead and the yuan is not staging a coup

Greenback doomsayers got it wrong. The dollar's reign is not over

time to read

3 mins

October 10, 2025

Mint Hyderabad

Akasa co-founder Khatri exits after ₹1,200 cr funding

Ex-IAF officer's departure is the first from the founding team since the carrier's 2022 launch.

time to read

1 mins

October 10, 2025

Mint Hyderabad

Andreessen Horowitz to open office in Bengaluru

Andreessen Horowitz, one of the world's biggest venture capital funds, is setting up an office in Bengaluru, multiple people familiar with the development said.

time to read

1 min

October 10, 2025

Mint Hyderabad

An AI bubble mustn’t distract us from the AI revolution

Every major technological boom attracts sceptics. Today, that chorus is growing louder around artificial intelligence (AI).

time to read

3 mins

October 10, 2025

Mint Hyderabad

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Hyderabad

Mint Hyderabad

Nestlé looks beyond Maggi, bets on India petcare boom

Nestlé SA sees India as a potential top-three global petcare market after the US and China

time to read

2 mins

October 10, 2025

Mint Hyderabad

LG India's $1.3 billion IPO subscribed 54x

LG Electronics Inc.'s $1.3 billion initial public offering (IPO) of its Indian unit was subscribed 54 times on the final day of book building, making it India's second most heavily bid billion-dollar-plus issue.

time to read

1 min

October 10, 2025

Mint Hyderabad

Celebrating the snake in jewellery and art

An exhibition in Mumbai reiterates the power of the serpent motif in ornamentation and shines a light on Jaipur's wealth of gemstones

time to read

2 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size