Connect with us

Hi, what are you looking for?

Politics

China Rebukes U.S. Defense Chief Over “Cold War Mentality” Amid Rising Asia-Pacific Tensions

China has issued a sharp response to U.S. Defense Secretary Pete Hegseth following his warning about Beijing’s growing military ambitions in the Indo-Pacific region. In a statement released Sunday, China’s Ministry of Foreign Affairs accused the U.S. of inciting conflict and spreading a “Cold War mentality.”

The rebuke followed Hegseth’s speech at the Shangri-La Dialogue security summit in Singapore, where he claimed that China poses a “real and potentially imminent threat,” accusing Beijing of attempting to dominate key parts of Asia and harassing Taiwan. He urged regional allies to bolster their defense capabilities, warning that China is “credibly preparing” to use military force to alter the balance of power.

“China seeks to intimidate you in your own waters,” Hegseth said. “We are not going to sugarcoat it—the threat China poses is real.”

China’s foreign ministry dismissed Hegseth’s comments, reiterating that Taiwan is an “internal affair” and accusing the U.S. of overstepping its role by interfering in regional matters. “No country in the world deserves to be called a hegemonic power other than the U.S. itself,” the ministry said. “The U.S. is the primary factor undermining peace and stability in the Asia-Pacific.”

The Chinese Communist Party (CCP) maintains that Taiwan, which operates under a separate, democratically elected government, is a breakaway province and has not ruled out military action to achieve what it calls “reunification.”

Despite not officially recognizing Taiwan diplomatically, the U.S. continues to support the island’s defense under existing legislation. Hegseth emphasized that the U.S. under President Donald Trump “does not seek war,” but remains prepared to defend its interests and those of its allies. “We seek peace,” Hegseth said. “But we must ensure that China cannot dominate us—or our allies and partners.”

The diplomatic clash comes amid mounting military tensions in the South China Sea and ongoing economic friction between the world’s two largest economies. The U.S. and China are locked in a prolonged trade dispute, and despite a recent agreement to reduce tariffs, progress has reportedly stalled.

Former President Trump escalated the rhetoric on Thursday, accusing China of violating trade agreements and claiming unrest in China due to U.S. tariffs. In response, China accused the U.S. of imposing discriminatory export controls, particularly in the semiconductor industry, and urged Washington to honor commitments made during recent trade talks in Geneva.

Meanwhile, JPMorgan Chase CEO Jamie Dimon weighed in during a forum in California, stating that while China remains a potential adversary, America’s greatest challenge lies within. “What I really worry about is us—our own values, our own management,” Dimon said.

Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

Trending

Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

You May Also Like

Politics

WASHINGTON — The Pentagon announced on Sunday that the United States will send a Terminal High Altitude Area Defense (THAAD) battery to Israel, alongside...

Health

NEW YORK — Teen smoking in the United States has reached an all-time low in 2024, with significant declines in overall youth tobacco use,...

Politics

WASHINGTON — As the countdown to the November 5 presidential election continues, former President Donald Trump is urging his supporters to aim for a...

Politics

In September, NASA announced that summer 2024 was the hottest on record. Just days later, the U.S. faced the dual impact of Hurricanes Helene...