China is drowning in soybeans. U.S. farmers are drowning in frustration

China is drowning in soybeans. U.S. farmers are drowning in frustration

China’s imports of U.S. soybeans have shown little sign of rebounding as Beijing’s stockpiles swelled to their highest levels in years, undermining U.S. President Donald Trump’s claims that a recent trade truce would spur major new Chinese purchases. China, the world’s largest consumer of soybeans, has built up a glut of supplies after months of…

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Alibaba is helping Chinese military to target U.S., White House memo claims: FT

Alibaba is helping Chinese military to target U.S., White House memo claims: FT

BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did…

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