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China"s 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced

China's 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced By Frank Fang of Epoch Times China’s communist regime spent $710.6 billion on its military in 2022, more than three times Beijing’.....»»

Category: personnelSource: nytMay 7th, 2024

China"s true military spending in 2022 was likely worth $711 billion, or "nearly equal" to the US military budget that year: US think tank

That's compared to a US military budget of around $742 billion that year, which was.....»»

Category: personnelSource: nytMay 3rd, 2024

China"s plans to boost military spending may make its neighbors even more uneasy

Chinese defense funding will reach US$209 billion in 2021, and Premier Li Keqiang says the military will get a training boost. .....»»

Category: worldSource: nytMar 7th, 2021

Sinopec Records Net Profit RMB 57.5 Billion in 2019

BEIJING, March 30, 2020 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") ((HKEX: 386, SSE: 600028, NYSE:SNP) today announced its annual results for the twelve months ended 31 December 2019. .....»»

Category: earningsSource: benzingaMar 30th, 2020

China 2019 crude steel output jumps 8.3%, sets second straight annual record

Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth......»»

Category: topSource: reutersJan 17th, 2020

The US has signaled China will buy $50 billion of farm goods. But one chart shows they"ve never come anywhere close to that before.

Reuters The United States and China on Friday announced a "Phase One" deal that would prevent an immediate escalation of the trade war between the two largest global economies. The final terms governing commerce between Washington and Beijing are stil.....»»

Category: topSource: businessinsiderDec 13th, 2019

China Demands US "Sever Military Ties" With Taiwan After $2.2bn Arms Proposal

As expected on Tuesday China slammed the US State Department's newly approved potential sale to Taiwan of M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $US2.2 billion. Beijing has long vehe.....»»

Category: blogSource: zerohedgeJul 9th, 2019

China"s Military Closed Off Area Of South China Sea For "Anti-Ship" Missile Tests

Things are set for yet more dangerous intercepts and incidents in the South China Sea this summer given Beijing just announced it had closed off an area of the sea near the Spratly Islands for.....»»

Category: blogSource: zerohedgeJul 3rd, 2019

China slaps tariffs on $60 billion in U.S. imports as trade war between Beijing and Washington escalates

The new duties, announced Monday, will take effect on June 1, escalating a trade war as negotiations between the two cou.....»»

Category: topSource: usatodayMay 13th, 2019

White House says China has indicated it wants to make trade deal

The United States has received an indication from China that Beijing wants to make a trade deal, White House spokeswoman Sarah Sanders told reporters on Wednesday, after Washington announced it will raise tariffs on $200 billion worth of Chinese imports......»»

Category: topSource: reutersMay 8th, 2019

Sinopec"s Net Profit for 2019 Q1 reached RMB15.468 Billion

BEIJING, April 29, 2019 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") ((HKEX: 00386, SSE: 600028, NYSE:SNP) today announced i.....»»

Category: earningsSource: benzingaApr 30th, 2019

China Trade War Latest: Trump Raises the Stakes By Another $100 Billion

The move will triple the $50 billion worth of tariffs Trump announced last week......»»

Category: topSource: newsweekApr 6th, 2018

Countries Spending the Most on War

China has drastically increased the size and scale of its military over the last decade. It has more than doubled its annual military expenditure in that time, spending $228 billion in 2017. Still,........»»

Category: blogSource: 247wallstMay 2nd, 2018

Wall Street set to sink as China trade spat intensifies

(Reuters) - Wall Street was set to open sharply lower on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing......»»

Category: topSource: reutersJun 15th, 2018

Dow poised to see triple-digit fall as Trump announces China tariffs

The Dow Jones Industrial Average looked set to fall on Friday as President Donald Trump announced tariffs on $50 billion.....»»

Category: topSource: marketwatchJun 15th, 2018

China ready to strike back against Trump"s $50 billion in tariffs

U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies......»»

Category: topSource: moneycentralJun 15th, 2018

Wall Street opens lower as China trade spat intensifies

(Reuters) - U.S. stock indexes opened lower on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing......»»

Category: topSource: reutersJun 15th, 2018

China ready to strike back against US tariffs on $50B in goods

U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies......»»

Category: topSource: moneycentralJun 15th, 2018

China ready to strike back against US tariffs on $50B in goods

U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies......»»

Category: topSource: moneycentralJun 15th, 2018

Wall St heads lower on rising China trade tensions

(Reuters) - U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing......»»

Category: topSource: reutersJun 15th, 2018

China to Impose Tariffs on U.S. Products

Beijing said it would impose tariffs of 25% on 545 U.S. products on July 6 after the Trump administration announced Friday a 25% tariff on $50 billion of Chinese goods......»»

Category: topSource: wsjJun 15th, 2018