Uzbekistan moves toward Islamic banking as Senate backs new law
Uzbekistan is preparing to introduce Islamic banking after the Senate approved legislation creating a legal framework for Sharia-compliant financial s...
As the U.S.-China trade standoff intensifies, Beijing has released a striking video vowing to resist pressure and uphold its global trade role, accusing Washington of economic coercion.
On April 29, 2025, China’s Ministry of Foreign Affairs released a powerful video titled “Never Kneel Down”, a defiant statement amid escalating tensions in the ongoing U.S.-China trade conflict. Using the metaphor of the “eye of the storm,” the video warns that the apparent calm in global trade masks a dangerous trap set by the U.S. through its aggressive tariff policies.
The Ministry accuses the U.S. of deliberately targeting China with high tariffs, likening this to a “deadly trap” that disrupts global trade and pressures countries to limit their economic ties with China. The video also highlights how this pattern of economic coercion has extended beyond China, citing examples of Japanese and French companies crushed or weakened by U.S. trade and jurisdictional pressure in the past. Notable examples include Japan’s Toshiba semiconductor business and France’s industrial giant Austin.
In recent years, Chinese tech firms like Huawei, ZTE, DJI, and SMIC have faced bans or sweeping restrictions in the U.S., often justified on national security grounds. The pressure has only intensified: in March 2025, the U.S. government added 50 more Chinese firms along with a scientific research non-profit to its export blacklist, effectively cutting them off from critical American technology. Beijing views these actions not as isolated or principled measures, but as part of a strategic and ideological campaign aimed at curbing China’s rise.
The trade conflict has resulted in high tariffs on Chinese goods — some reaching 145% — which U.S. officials now acknowledge are unsustainable. America’s Treasury Secretary Scott Bessent and President Donald Trump have hinted at reducing these levies. However, the U.S. stance remains firm, with Washington demanding that China make the first move toward tariff removal.
Meanwhile, China remains steadfast. The video rejects compromise, stating that “bowing to a bully is like drinking poison to quench thirst,” and warns that “kneeling only invites more bullying.” Instead, China urges solidarity among nations to resist U.S. pressure, highlighting its pivotal role as the largest trading partner for over 100 countries and a key node in Asia’s complex supply chains.
However, the geopolitical reality complicates China’s ambitions. Many of China’s neighbors, including Japan and South Korea, remain cautious, balancing their economic dependence on China with security ties to the U.S.. Countries like Vietnam, Thailand, and Indonesia have taken steps to appease the U.S. to avoid punitive tariffs, while also safeguarding their own industries from being undermined by diverted Chinese exports.
Economic data indicates rising challenges for China as well, with manufacturing orders weakening and internal issues like deflation and a property slump adding pressure. Nonetheless, China’s leadership appears prepared for a prolonged economic standoff, emphasizing that any loss of U.S. credibility benefits China geopolitically.
The video closes on a resolute note: no matter how fierce the storm, China will “stand firm” and “rise and fight on” alongside all nations committed to justice and fairness in global trade.
As the 90-day tariff pause ends on July 9, 2025, the world watches closely whether the storm will escalate or if cooler heads will prevail — but China’s message is clear: it will never kneel down.
Winter weather has brought air travel in the German capital to a complete halt, stranding thousands of passengers as severe icing conditions make runways and aircraft unsafe for operation and force authorities to shut down one of Europe’s key transport hubs.
Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
An attacker opened fire at the gates of a Shiite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than a decade.
Ukraine and Russia carried out a rare exchange of 314 prisoners on Thursday as U.S.-brokered talks in Abu Dhabi closed with a pledge to resume negotiations soon, offering one of the clearest signs of diplomatic movement in months.
The United States and Iran are set to hold nuclear talks in Oman on Friday after Tehran requested a change of venue and a strictly bilateral, nuclear-focused format, a move that is fuelling questions about Iran’s negotiating strategy.
Russia launched a large-scale overnight attack on Ukraine’s energy system early on Saturday (7 January), hitting power generation and distribution facilities with more than 400 drones and around 40 missiles, Ukrainian officials have said.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of February, covering the latest developments you need to know.
U.S. and Ukrainian negotiators have discussed an ambitious goal of reaching a peace agreement between Russia and Ukraine by March, though the timeline is widely viewed as unrealistic due to deep disagreements over territory, according to multiple sources familiar with the talks.
At least 31 people have been killed and scores wounded in a suicide bombing at a mosque in Pakistan’s capital, Islamabad, during Friday prayers, prompting widespread international condemnation.
Lebanese Army Commander Gen. Rodolphe Haykal met with senior U.S. officials in Washington, D.C., this week to discuss strengthening military and security cooperation, regional developments and the challenges facing Lebanon, the Lebanese army said on Friday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment