Page 35 - Chen Xia News Today

Faced with daunting inflationary pressure, which reached 40-year high of 8.5 percent in March, the Biden administration appears to have no other viable option than paring tariffs on imports from China and other economies.

Japanese Prime Minister Fumio Kishida seems to have a busy schedule over the next few weeks, meeting foreign leaders and paying a visit to Southeast Asia during which, as many analyze, he is expected to peddle sanctions against Russia on behalf of the US government.

After an Israel-based newspaper revealed that a consortium of Israeli and Chinese companies had sued the local government for denying their bid for the giant Tel Aviv light rail project under

There are clearer signs now that persistently high inflation linger in large swaths of the world and may stretch to the end of this year or even longer, eroding the living standards of billions of middle and low-income families. People often fret and agonize over the surging prices of many commodities, groceries and services, but they seldom seek answers as to what causes the hefty price rises.

US President Joe Biden and Indian Prime Minister Narendra Modi held a virtual meeting on Monday, during which they spent quite some time to discuss the Ukraine issue.

Much attention has been paid to the fact that the Ukraine crisis has brought US and Europe much closer together, but all too little attention has been given to India’s growing distance from the US and what this might mean for the future.

Today, the US would be self-defeating if it stubbornly believes that whoever it cozies up to would feel honored and dance to its tune. Gone is the time when US warnings work.

With growing complexities, ranging from the Ukraine conflict to COVID-19 flare-ups across China, setting the scene for more unpredictability, the worlds second-largest economy is upping the ante in ensuring both development and security.

The double standards of Western countries are reflected in the selective treatment of refugees fleeing Ukraine. If countries accept refugees in a selective and discriminatory manner, they are tarnishing the spirit of humanitarianism.

Food security has become a fresh topic used by some Western media outlets to smear China, as the conflict between Russia and Ukraine has, to some degree, caused a grain price increase and challenged grain supplies globally.