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China, US Lock Horns in Economic Battle

Jul 04, 2016 03:10 PM EDT

The world is witnessing a number of financial turning points at once with the steel industry crisis, the insecurities that loom large after the Brexit vote, and it appears that the China and US have locked horns in what seems like a long and hard economic battle.

A “Waterfront City” will be built atop the “Great Sea Wall,” shaped like the Hindu bird-god Garuda, as shown in this design rendering.

China And US Face Off In South China Sea; Asian Country Wants US Warships Away From Islands

Althea Serad |

May 14, 2015 06:50 AM EDT

Tension is arising in the South China Sea as China wants assurances from the United States that the Western country will not be sending aircraft abd warships to determine its clams to the Spratly islands, a string of remote, strategic islands.