A decade ago, the Chinese Communist Party (CCP) introduced the Belt and Road Initiative to the world to promote countries’ economic development along the historic Silk Road. This plan was viewed as Chinese leader Xi Jinping’s signature economic plan under his “Major Country Diplomacy” strategy. Lured by the disguise of economic development, more than 100 countries around the world joined the initiative. Over the past decade, many countries have incurred huge debts as a result, and the CCP has been able to engage in an implicit rivalry with the United States. However, the CCP’s ambition to dominate the world using its communist ideology through the Belt and Road Initiative has failed to materialize....Read more https://www.theepochtimes.com/china/chinas-stealthy-challenge-to-us-military-power-5514781
In a surprising revelation, the Russian Finance Minister recently acknowledged that a substantial majority of the drones used by Russia originate from China. The announcement has sparked discussions about Russia’s reliance on foreign technology, while also drawing attention to the Chinese Communist Party’s (CCP) move last month to impose export controls on its drones. On Oct. 16, Russian Finance Minister Anton Siluanov spoke at a meeting of the State Duma’s Budget and Taxes Committee. He revealed that “almost all” drones currently used by Russia come from China. The statement came as Russia unveiled plans to establish its own drone production base, marking a significant shift in the country’s approach to this essential technology in its war effort.... 
The Chinese regime has formally arrested a Japanese national, who was detained in March, on allegations of spying as the tensions between the two nations have worsened. Japanese official confirmed the arrest during a press conference in Tokyo on Oct. 19 and called on the Chinese communist regime to free its citizens to avoid further damage to their relations. Japan’s Chief Cabinet Secretary Hirokazu Matsuno said, “We have also strongly urged China for an immediate release at various levels, and we will continue to do so.” Mr. Matsuno added that the man, in his mid-50s, was formally arrested in mid-October....
On Oct. 16, China’s A-share market was in shock throughout the day as the three major stock indexes in China fell collectively. The Growth Enterprise Market (GEM) index fell 2 percent, hitting a 3.5-year low. Semiconductor chip stocks, including storage chips, fluorine chemicals, photoresists, lithium, and other new energy track sectors, fell across the board. The so-called king of China’s new energy tech company, Ningde Times, is a leading supplier of batteries and parts for electric vehicles. Its shares fell more than 3 percent that day, hitting a new low in two and a half years. In August, the company’s stock had risen in price as foreign investors bought into it....