The international arms market has seen a growing number of Chinese competitors that are beginning to challenge U.S. and Russian market dominance, especially in sales to the Middle East. Chinese arms sales include army, navy…
Tag: exports
China has announced a total of 8 trillion yuan (£800bn) of “stimulus projects” to try to boost confidence in an economy that appears to be cooling faster than expected. China’s export sector is suffering…
Strait History: Iran’s Options George Santayana wisely said: “Those who cannot remember the past are condemned to repeat it.” Oblivious to history and its lessons, the United States and its Western allies are repeating their…
Investment bank Merrill Lynch predicts a $40 rise in oil prices if the country’s 2.2 million barrels day of crude are shut off completely. A Russian news network says Iran can react to the European…
Iranian authorities reiterated threats to close Strait of Hormuz if Western countries impose sanctions on Iran’s oil exports, local media reported Sunday. A commander of Iran’s Islamic Revolution Guards Corps (IRGC) said that high-ranking officials…
A worker inspects the parts of a truck in China National Heavy Duty Truck Group Co., Ltd. (Sinotruk Group) in Jinan City, capital of east China’s Shandong Province, July 5, 2011. Sinotruk Group, China’s leading…