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The US has always regarded any emerging country or organization, consisting of emerging countries, with an economic and political system different from its model, such as BRICS, as a challenge to its hegemony.
The crisis surrounding the US banking system is in the spotlight again as it is upsetting for the public to find that months after the most recent US bank failure, the pressure on commercial banks has actually intensified, instead of easing.
As more countries and regions take steps against Japan’s ill-fated plan to dump nuclear wastewater into the sea, the Japanese government should seriously address common concerns of the international community. Failing to do so would hurt Japan itself.
The US has waged a chip war against China to stifle the latter's technological progress in cutting-edge areas, but doubts and a backlash over the potential consequences have been growing as Washington's strategic mistake looms increasingly larger and high-tech industry players in the US fear becoming casualties in the self-defeating war.
US, South China Sea Illustration: Chen Xia/GT Hyping again the illegal and invalid South China Sea