Xi Jinping just fired his giant money cannon at the wrong target

Tech Insider : Economy
Xi Jinping holding a sparkler, preparing to launch a large cannon-fired Chinese Yuan Currency cash ball

iStock; Andres Martinez Casares/Getty Images; Alyssa Powell/BI

Sure, Wall Street. Go ahead. Ride the dragon.

LVMH's Bernard Arnault overtakes Mark Zuckerberg to become 3rd-richest person after $30 billion wealth surge

Tech Insider
Bernard Arnault
Bernard Arnault has grown $30 billion richer this week.

Chesnot/Getty Images

The shipbuilding empire fueling China's naval rise is a juggernaut, but tough questions remain

Tech Insider
A black and white satellite image showing an overview of Jiangnan Shipyard and Chinese shipbuilding.
Jiangnan Shipyard was recently expanded and is now being merged with another yard.

Satellite image © 2023 Maxar Technologies

China's missile arsenal may soon rival the US. Here are the leading missiles it's stockpiling for a big fight.

Tech Insider
Military vehicles carrying DF-21D anti-ship ballistic missiles drive past the Tiananmen Gate.
China is building a missile force with weapons like the DF-21D anti-ship ballistic missiles that can threaten the US military and some day rival it.

Andy Wong/Pool/Getty Images

Why China would want to launch an intercontinental ballistic missile out into the Pacific

Tech Insider
China's DF-31A intercontinental ballistic missiles on mobile carriers are parked in front of Chinese military personnel standing in formation.
China's ICBM test was its first in the Pacific in over 40 years.

GREG BAKER/AFP via Getty Images

A new first-in-class Chinese attack submarine sank at a Wuhan shipyard in a pier-side accident

Tech Insider
A satellite image shows floating cranes near a pier at a Chinese shipyard.
Efforts to salvage the submarine, June 15.

Planet Labs PBC

Russia reportedly has a secret long-range drone program in China. Experts say it shouldn't surprise anyone.

Tech Insider
An Iranian-made Shahed-136 drone flies in the sky over Kermanshah, Iran, on March 7.
Russia has been desperate to source drones, like the Iranian Shahed drone above, from other countries.

Photo by ANONYMOUS/Middle East Images/AFP via Getty Images

China's upstart planemaker is taking advantage of production woes at Boeing and Airbus as it seeks to break into the Western market

Tech Insider
China's self-developed passenger jet C919 makes its first international debut in a flight demonstration at the Singapore Airshow on February 20, 2024 in Singapore.
A C919, Chinese planemaker Comac's competitor to the likes of the Airbus A320 and Boeing 737.

Wan Quan/VCG via Getty Images

America's rivals are piling on the pressure all at once

Tech Insider
Russian anti-submarine aircraft fly during joint naval and air drills with China in September.
Russian anti-submarine aircraft fly during joint naval and air drills with China in September.

Russian Defense Ministry Press Service via AP

China's 'wolf warrior' foreign minister is now working a lowly publishing role after falling foul of Xi: report

Tech Insider : Politics
China's former foreign minister Qin Gang speaks into the microphone at a press conference.
China's former foreign minister Qin Gang at a press conference in Beijing in May 2023.

THOMAS PETER via Getty Images

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