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Trump Foreign Policy Tag

Communist China is using its growing economic clout to internationalize its currency. "Beijing is renewing its push to internationalise the use of the yuan in Southeast Asia under its globe-spanning belt and road infrastructure drive," the Hong Kong daily South China Morning Post reported Friday.

German Chancellor 'rebuffed' U.S. President Donald Trump's invitation to attend next month's G7 Summit, the German media reports. "As of today, considering the overall pandemic situation, she cannot agree to her personal participation on a trip to Washington," German government spokesman Steffen Seibert said on Friday.

Secretary of State Mike Pompeo has notified Congress that the United States no longer considers Hong Kong autonomous from Communist China, paving the way for Washington to revoke the specialized trade and financial status it enjoys since coming under Beijing's rule in 1997.

Given recent developments following the outbreak of Wuhan coronavirus, the era of China being the go-to manufacturing destination for the U.S. companies appears to be coming to an end. The United States seeks to decouple its economy from Communist China in a post-coronavirus scenario, media reports say. Washington wants to empower India and other Indo-Pacific allies to replace manufacturing supply chains running through China.

If you believe a new survey, Germans are turning to China in the wake of the Wuhan coronavirus pandemic. Younger Germans now prefer China over the United States as an ally, the poll conducted by Kantar Public pollsters for Germany's Koerber Foundation found.

With neighboring countries struggling with the Wuhan coronavirus outbreak, Beijing is tightening its control of disputed islands in the South China Sea. During President Barack Obama's time in office, China began a massive project of creating artificial islands in the area. These man-made islands have since been converted into military installations, naval bases, and aircraft landing strips for the Chinese military.

German Chancellor Angela Merkel has voiced strong support for the World Health Organization (WHO) after the United States cut its funding earlier this week. Chancellor Merkel "expressed her full support for the WHO," German government spokesman Steffan Seibert said on Thursday. German leader "defends the WHO's work following sharp criticism from Trump," German weekly Der Spiegel reported.

Lifting a blanket export ban, India has shipped a huge consignment of coronavirus treatment drugs to Israel. New Delhi delivered a five-tonne cargo of medicines including chloroquine, the antiviral drug currently being used in the treatment of Wuhan coronavirus.

U.S. President Donald Trump plans to block Iran's bid for a $5 billion loan from the International Monetary Fund (IMF), news reports say. The international funding organization headquartered in Washington, D.C., is currently considering an Iranian request for "emergency funding," citing the outbreak of Wuhan Coronavirus in the country.