Here's what happened when India banned TikTok: The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing ...
apnews.com/article/india-tiktok-ban-us-china-9ae5223bce78c56e5d22a1f2e86510f0
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
Nissan unveils four concept cars to fuel China comeback: Nissan Motor unveiled four concept cars for the Chinese market on Thursday as the Japanese carmaker ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
German spy agency warns companies against being too "naive" on China: Germany's domestic spy agency told companies on Wednesday they should be on guard against ...
reuters.com/world/europe/german-spy-agency-warns-companies-against-being-too-naive-china-2024-04-24/
🔊 The US Senate passes a bill to force TikTok's Chinese owner ByteDance to sell it or face a ban. Find out the latest on the Reuters World News podcast
reut.rs/4ddKPNn
President Joe Biden signed a bill into law that bans TikTok in the US if its owner, the Chinese tech firm ByteDance, fails to divest the popular short video ... Show more #Reuters #video #news #TikTok #ByteDance #trends #JoeBiden #2024election #China #trade #business
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
- The Supreme Court seems divided on access to emergency abortions in states with near-total bans.
- The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.
- The debate raises questions about fetal personhood and abortion rights conflict.
- The court's decision could affect abortion access in 14 states with strict abortion bans.
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reuters.com/podcasts/podcast-tiktok-countdown-trumps-foreign-courters-boeing-plastic-divide-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
reuters.com/business/autos-transportation/how-volvo-landed-cheap-chinese-ev-us-shores-trade-war-2024-04-24/
Ray Chan sadly passed away earlier this week.
He served as supervising art director on many MCU films & as production designer on ‘Deadpool & ... Show more
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
cnn.com/2024/04/24/tech/tiktok-ban-bytedance-split-the-world-further-intl-hnk/
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
Germany arrests staffer at E.U. Parliament over China spying suspicion: The arrest comes amid mounting concern in Europe over Chinese espionage activity.
washingtonpost.com/world/2024/04/23/european-parliament-arrest-china-spying-afd/
Quick Glance: German Far-Right MEP's Aide Arrested for Alleged Chinese Espionage
- The individual named Jian G. stands accused of sharing information about negotiations at the European Parliament with a Chinese intelligence service and spying on Chinese opposition figures in Germany, according to federal prosecutors.
- Jian Guo is listed as an accredited assistant to MEP Maximilian Krah, the far-right AfD party's lead candidate for the upcoming EU-wide elections on the European Parliament's website.
- The suspect was apprehended in Dresden on Monday and authorities conducted searches at his residences.
- Expressing concern, the AfD addressed the allegations.
YOURSAY | MCA needs to let go of animosity towards DAP: ‘I thought you guys had already kissed and made up?’
malaysiakini.com/news/703512
Congress Passed a Bill That Could Ban TikTok. Now Comes the Hard Part.: After President Biden signs the bill to force a sale of the video app or ban it ...
nytimes.com/2024/04/23/technology/tiktok-ban-bill-congress.html
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
China's Huawei launches new brand for intelligent driving
reuters.com/technology/chinas-huawei-launches-new-brand-intelligent-driving-2024-04-24/
Hong Kong hit by third straight weak IPO as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-weak-IPO-as-AI-player-Mobvoi-disappoints
Paid articlePaid
Japan launches anti-dumping probe into Chinese graphite electrodes for steelmaking
reuters.com/markets/asia/japan-launches-anti-dumping-probe-into-chinese-graphite-electrodes-steelmaking-2024-04-24/
Desmond Shum on how Xi Jinping beat down China’s red aristocrats: It took one of their own to do it, says the businessman and author
economist.com/by-invitation/2024/04/22/desmond-shum-on-how-xi-jinping-beat-down-chinas-red-aristocrats
China's Country Garden extends bonds to avoid first local default, Bloomberg News reports
reuters.com/markets/rates-bonds/chinas-country-garden-extends-bonds-avoid-first-local-default-bloomberg-news-2024-04-24/
Car giants vie for EV crown at Beijing's Auto China show: BEIJING: Chinese car giants locked in a cut-throat price war descend on the capital for the start of ...
channelnewsasia.com/business/car-giants-ev-beijing-auto-china-show-tesla-xiaomi-4290476
Cases of suspected Chinese espionage in Europe: The arrest in Germany of a European Parliament aide on suspicion of "especially severe" espionage for China is ...
reuters.com/world/europe/cases-suspected-chinese-espionage-europe-2024-04-23/
Exclusive: China turns the heat up on cross-border investments in local govt debt, sources say
reuters.com/world/china/china-turns-heat-up-cross-border-investments-local-govt-debt-sources-say-2024-04-23/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
EU raids offices of Chinese security equipment maker in subsidy probe: European Union officials have raided the offices of a Chinese company as part of a probe ...
cnn.com/2024/04/24/business/eu-china-subsidies-raids/
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
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Apple faces decline in Chinese smartphone market amidst Huawei's resurgence : Apple experienced a major setback in the Chinese smartphone market during the first ...
wionews.com/business-economy/apple-faces-decline-in-chinese-smartphone-market-amidst-huaweis-resurgence-714449
Japan ‘closely monitoring’ case of Tokyo-based Chinese academic who went missing while in China
channelnewsasia.com/asia/japan-china-missing-chinese-professor-academic-national-security-4285406
Polestar may use US plant to sell cars to Europe as EU-China tension rises: Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing ...
reuters.com/business/autos-transportation/polestar-may-use-us-plant-sell-cars-europe-eu-china-tension-rises-2024-04-24/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
US Secretary of State Antony Blinken arrives in China hours after Senate TikTok ban vote, new funding for Taiwan
scmp.com/news/china/diplomacy/article/3260246/us-secretary-state-antony-blinken-arrives-china-hours-after-senate-tiktok-ban-vote-new-funding
German staffer in EU parliament arrested on China spying charges: Employee of far-right AfD’s lead candidate is latest figure to be accused of passing ...
ft.com/content/aae50967-e728-4c72-ab52-0ed7ef68cd30
Biden calls for tripling tariffs on Chinese steel and aluminum: China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid ...
businessinsider.com/china-overcapacity-dumping-steel-exports-glut-biden-tariffs-trump-elections-2024-4
Yuan internationalization drive hits a local speed bump: As Chinese leader Xi Jinping works to increase the yuan’s role in global trade and finance ...
asiatimes.com/2024/04/yuan-internationalization-drive-hits-a-local-speed-bump/
Blinken expected to deliver strong warning on Russia support as he arrives in China for key meetings
cnn.com/2024/04/24/politics/blinken-second-china-visit-expectations/
Senators hope TikTok will remain in business in US under new owner: Two U.S. senators said they hope TikTok will remain in business in the U.S ...
reut.rs/44buRPY
ASMI ups revenue forecast, cites strong Chinese bookings, shares jump: Wafer processing equipment supplier ASM International (ASMI) raised its revenue forecast ...
reuters.com/technology/asmi-raises-q2-revenue-forecast-chinese-bookings-stronger-than-expected-2024-04-23/
Tibetans say compensation for Chinese land grab is too low: 4 protesters who were arrested are released, but say they were beaten.
rfa.org/english/news/tibet/tibet-land-grab-04222024202642.html
Chery, B-ON form electric vans JV for Europe, N.America: B-ON and China's Chery (CHERY.UL) announced an electric van joint venture on Tuesday that gives the ...
reuters.com/markets/deals/chery-b-on-form-electric-vans-jv-europe-namerica-2024-04-23/
Trading in China's SenseTime halted after shares pop 30% in Hong Kong: HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant ...
asia.nikkei.com/Business/Technology/Trading-in-China-s-SenseTime-halted-after-shares-pop-30-in-Hong-Kong
President Biden has signed the foreign aid bill that also gives the Chinese company ByteDance nine to 12 months to sell TikTok to an American company ... Show more #USATElection2024 #USATElections #Elections2024
Almost every Chinese keyboard app has a security flaw that reveals what users type
technologyreview.com/2024/04/24/1091740/chinese-keyboard-app-security-encryption/
China's military spending concerning given 'failing economy', US admiral says: The increase in China's defence spending is concerning given its economy is
reuters.com/world/chinas-military-spending-concerning-given-failing-economy-us-admiral-says-2024-04-23/
Own a brand new electric vehicle for less than US$10,000? That's a reality Chinese automaker Build Your Dreams (BYD) is promising ... Show more
Zijin cooperating with Congo probe after radiation detected in cobalt load: Chinese mining giant Zijin Mining said on Tuesday it would cooperate with authorities ...
reuters.com/markets/commodities/zijin-cooperating-with-congo-probe-after-cobalt-with-radiation-recalled-2024-04-23/
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
Paid articlePaid
Some unhappy Chinese fans want refund for Mavis Hee’s Nanjing concert: The Singapore singer was supposed to perform for more than two hours, but she allegedly ...
thestar.com.my/lifestyle/entertainment/2024/04/23/some-unhappy-chinese-fans-want-refund-for-mavis-hees-nanjing-concert
The China-Russia trade friendship may not be quite what you think: Commercial ties between the two powers appear to be catching up from an abnormally low base
ft.com/content/4bc0973c-c1f3-4df7-821d-0c262e506bb8
Sanctions to cut off China dollar access as trade with Russia worries US: The US is drafting sanctions on Chinese lenders that facilitate trade with Russia ...
businessinsider.com/china-dedollarization-sanctions-russia-trade-dollar-access-banks-ukraine-war-2024-4
The United States Senate on Tuesday approved legislation requiring the popular social media app TikTok to divest from its Chinese parent company ByteDance or ... Show more www.dawn.com/news/1829360/bill-to-ban-tiktok-in-us-clears-congress #DawnToday #TikTok #US
VinFast share plunge hits China's VW-backed battery partner Gotion: HONG KONG -- Gotion High-tech, a major Chinese electric vehicle battery supplier ...
asia.nikkei.com/Business/Automobiles/VinFast-share-plunge-hits-China-s-VW-backed-battery-partner-Gotion
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#VantageOnFirstpost : A top US military official has raised concerns about China's increased defence spending. US Admiral John Aquilino has critiqued the state of the Chinese ... Show more
Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
China’s cheap EVs redraw the map of where cars get made: China is set to change the map of global automaking by stepping up electric-car exports that will ...
thestar.com.my/tech/tech-news/2024/04/23/chinas-cheap-evs-redraw-the-map-of-where-cars-get-made
Apple sinks to 3rd place in China as iPhone sales slide: The sales slump marks the iPhone's worst performance in China since 2020 and signals increasingly tough ...
businessinsider.com/apple-china-iphone-sales-slide-huawei-counterpoint-tim-cook-2024-4
Tesla: What opportunities will Q1 earnings provide for its shares?: Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth ...
euronews.com/business/2024/04/23/tesla-results-could-a-boost-in-earnings-accelerate-share-price-growth
Security for Chinese workers in Pakistan will always be elusive: Ayesha Siddiqa is a senior fellow with the department of war studies of King's College ...
asia.nikkei.com/Opinion/Security-for-Chinese-workers-in-Pakistan-will-always-be-elusive
Paid articlePaid The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
Hong Kong gears up for 800,000 mainland Chinese visitors over Labour Day ‘golden week’ holiday
scmp.com/news/hong-kong/society/article/3260090/hong-kong-gears-800000-mainland-chinese-visitors-over-labour-day-golden-week-holiday
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
Paid articlePaid Tensions between Beijing, Washington biggest worry for US companies in China: A report by the American Chamber of Commerce in China says that simmering tensions ...
apnews.com/article/china-foreign-business-biden-7ca061b49b1c1d3d42cbf7e5dfb760c8
EXCLUSIVE: EU targets Chinese surveillance kit maker in latest use of foreign subsidies regulation
scmp.com/news/china/article/3260102/eu-targets-chinese-surveillance-kit-maker-latest-use-foreign-subsidies-regulation
Elon Musk doesn’t know how to turn Tesla around: When Elon Musk unveils the quarterly results for Tesla later today, he will need to convince his shareholders he ...
spectator.co.uk/article/elon-musk-doesnt-know-how-to-turn-tesla-around/
China's stressed and overworked youth skip the tea and reach for coffee: China has overtaken in the U.S. with the most branded coffee shops in the world as young ...
nbcnews.com/news/world/china-stressed-overworked-youth-coffee-market-surge-rcna144402
Japan ‘closely monitoring’ case of Tokyo-based Chinese academic who went missing while in China
channelnewsasia.com/asia/japan-china-missing-chinese-professor-academic-national-security-4285406
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
US Commerce Secretary Gina Raimondo said the Chinese chips in Huawei’s latest phone, the Mate 60 Pro, were not as advanced as American ones and are evidence ... Show more reut.rs/3Qcw046
China's flying cars ready for liftoff with EV technology: GUANGZHOU -- XPeng, EHang and other Chinese companies are commercializing flying cars this year ...
asia.nikkei.com/Business/Transportation/China-s-flying-cars-ready-for-liftoff-with-EV-technology
Tesla cuts prices across its line-up in China: Tesla Inc has lowered prices across its line-up in China, according to its official website ...
reut.rs/3W9QZs6
Takeaways from AP report on how the search for the coronavirus origins turned toxic
apnews.com/article/china-covid-virus-coronavirus-origins-pandemic-lab-858a4872eb593a7272f654a0f7716ce2
US sends land-attack missile system to Philippines for exercises in apparent message to China
cnn.com/2024/04/22/asia/us-land-attack-missile-philippines-china-intl-hnk-ml/
Saudi Aramco in talks to buy 10% of China's Hengli Petrochemical: Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli ...
reuters.com/markets/deals/chinas-hengli-petrochemical-says-saudi-aramco-talks-buy-10-company-2024-04-22/
Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market
scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
Paid articlePaid Sea Billionaire Forrest Li’s Wife to Buy Singapore Mansion for $31 Million: The wife of tech billionaire Forrest Li is set to acquire a mansion in one of ...
bloomberg.com/news/articles/2024-04-22/sea-billionaire-forrest-li-s-wife-to-buy-singapore-mansion-for-31-million
The bubble has burst: On the road to a lost Chinese economic decade : No longer will the world be able to count on China to be the world’s primary engine of ...
thehill.com/opinion/finance/4611662-the-bubble-has-burst-on-the-road-to-a-lost-chinese-economic-decade/
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