Taiwan Plans Up to $4.4 Billion Investment in Alaska LNG Project | China in Focus

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Taiwan is planning to invest up to $4.4 billion in the Alaska LNG project. President Donald Trump says Taiwan has also agreed to purchase 30 percent of the gas produced by the pipeline over 20 years.
Escalating tensions in the Middle East are threatening China’s oil supply. Iran-backed Houthi rebels are vowing to attack more airports and oil facilities in Saudi Arabia after striking the headquarters of the world’s largest oil producer.
A California real estate agent accused of spying on the Taiwanese president’s son for Beijing is facing a hearing that could determine whether she will be granted bail.
Missouri’s attorney general is suing Temu, accusing the Chinese shopping platform of stealing users’ data and potentially sending it to Beijing. She is urging all Missourians to delete the app.
China has closed nearly a quarter of its banks as authorities seek to consolidate the sector into fewer, better-capitalized institutions. What is driving the move, and what does it reveal about the state of the world’s second-largest economy?

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