A data-driven look at BRI loans, defaults, and the global debate around “debt traps.” The Debt Trap Narrative Since the launch of the Belt and Road Initiative (BRI) in 2013, critics have accused Beijing of practicing “debt trap diplomacy” offering loans to developing
China’s EV makers are exporting at a record pace, reshaping global supply chains and trade balances. A New Wave in Global Auto Trade In 2025, China has emerged not just as the world’s largest producer of electric vehicles (EVs) but also as the
A top Social Security Administration official turned whistleblower says members of the Trump administration’s Department of Government Efficiency (DOGE) uploaded hundreds of millions of Social Security records to a vulnerable cloud server, putting the personal information of most Americans at risk of compromise.
U.S. border agents searched more electronic devices during a three-month period than ever before, according to new government statistics. The data shows that U.S. Customs and Border Protection, the agency tasked with immigration screening at the U.S. border, searched 14,899 devices of international travelers between
Testing China’s CBDC in cross-border trade corridors from Asia to the Middle East. Taking the Digital Yuan Overseas China’s central bank digital currency (CBDC), known as the digital yuan (e-CNY), has moved from domestic pilots into the global arena. After years of testing
What new export bans mean for chips, AI, and cloud computing. The Escalating Tech War The rivalry between Washington and Beijing has entered a new phase. After initial restrictions on Huawei and advanced semiconductors, the U.S. is rolling out “Tech Sanctions 2.0” a
China’s digital payment landscape has transformed global fintech standards, driven by high adoption rates, technological innovation, and integrated ecosystems. WeChat Pay, embedded within the WeChat platform, has become a household name, facilitating billions of daily transactions and redefining consumer payments. Concurrently, modular stablecoins
China’s Belt and Road Initiative (BRI) has catalyzed investment, infrastructure development, and trade across Asia, Europe, Africa, and the Middle East. With billions of dollars in cross-border projects, efficient financial infrastructure is critical for settlement, liquidity management, and risk mitigation. Modular stablecoins such
China has emerged as a global leader in digital finance, spearheading innovations in payments, blockchain applications, and central bank digital currencies. The Digital Yuan, officially known as the e-CNY, represents the nation’s effort to modernize monetary infrastructure, enhance payment efficiency, and strengthen regulatory
The U.S. Treasury has sanctioned an international fraud network used by North Korea to infiltrate U.S. companies with hackers posing as legitimate job seekers, agency officials announced Wednesday. The sanctions are the latest action taken by the U.S. Treasury in recent months aimed
