As Trump's tariffs loom, analysts say China is better prepared than ever for a trade war with the U.S.
CBSN
Hong Kong — The pounding of drums has rung out across China this week, intended to ward off evil spirits in a centuries-old tradition as the Chinese welcome the lunar new year. This year, new year hopes for prosperity are of even greater importance, as China braces itself for Trump 2.0.
"China hopes for the best and prepares for the worst," Dr. Henry Wang, an adviser to the Chinese government and the founder and president of the Center for China and Globalization, told CBS News. He said officials in Beijing were deeply concerned by President Trump's rhetoric on the campaign trail.
Mr. Trump threatened, before taking office, to impose tariffs of up to 60% on all Chinese imports.
Sydney, Australia — A shark bit and killed a 17-year-old girl swimming off an eastern Australian island on Monday, officials said, in the country's third reported fatal attack in just over five weeks. Paramedics rushed to Woorim Beach in Queensland to treat the teenager, who had sustained serious injuries to her upper body, an ambulance service spokesperson said.
Tel Aviv — American-Israeli dual national Keith Siegel was among three hostages released by militants in the war-torn Gaza Strip on Saturday, more than 15 months after they were taken captive by Hamas. Siegel was freed in Gaza City about two hours after Israelis Yarden Bibas and Ofer Calderon were released in the southern city of Khan Younis. The Israeli military confirmed Siegel's transfer from militants to Red Cross personnel.
Six Americans who had been detained in Venezuela in recent months were freed by the government of President Nicolás Maduro after he met Friday with a Trump administration official tasked with urging the authoritarian leader to take back deported migrants who have committed crimes in the United States.