Nothing off the table in US response to China overcapacity, Yellen says: The Biden administration is not taking any options off the table to respond to China's ...
reuters.com/world/nothing-off-table-us-response-china-overcapacity-yellen-says-2024-04-25/
Why the U.S. Is Forcing TikTok to Be Sold or Banned: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese company ...
nyti.ms/3vX3kVT
Quick Glance: Biden Signs TikTok Ban Bill Into Law, ByteDance Forced to Sell
- After signaling his intention, President Joe Biden signs the foreign aid package including the TikTok ban bill into law.
- The U.S. Senate passes a bill forcing ByteDance to sell TikTok or face a ban.
- ByteDance has nine months to sell TikTok to comply with the law.
- The U.S. government has been persistent in trying to ban TikTok due to national security concerns.
China summons German ambassador after spying arrests: The German ambassador to China was summoned by Beijing on Thursday in response to several arrests in ...
reuters.com/world/europe/china-summons-german-ambassador-after-spying-arrests-2024-04-25/
Blinken to meet businesses in Shanghai as he kicks off a tough China trip: U.S. Secretary of State Antony Blinken will meet business leaders in Shanghai on ...
reuters.com/world/blinken-meet-businesses-shanghai-he-kicks-off-tough-china-trip-2024-04-25/
Quick Glance: China warns US to Choose Cooperation or Confrontation with Antony Blinken
- Blinken expected to demand Beijing cease support for Russia
- Tensions rise over accusations of China aiding Russia in Ukraine
- US accused of hindering Chinese industrial growth through export controls
- US and China seek to stabilize relations before US election campaign
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/
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
How strong is India’s economy?: It isn’t the next China, but it could still transform itself and the world
economist.com/leaders/2024/04/25/how-strong-is-indias-economy
China 2024 Growth Outlook Raised to 4.8%, Deflation Risk Lingers: Analysts upgraded their forecast for China’s growth this year after a better-than-expected ...
bloomberg.com/news/articles/2024-04-24/china-2024-growth-outlook-raised-to-4-8-deflation-risk-lingers
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: Potential Buyers for TikTok Revealed
- The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.
- Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.
- Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.
- Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink
reut.rs/4aPv2Tk
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/
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.
reut.rs/3Qjjfo7
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
The tech wars are about to enter a fiery new phase: America, China and the battle for supremacy
economist.com/international/2024/04/25/the-tech-wars-are-about-to-enter-a-fiery-new-phase
Ban or no ban, TikTok artists and advertisers to remain until 'door slams shut': Ban or no ban, TikTok's partners in the music and advertising world plan to ...
reuters.com/technology/tiktok-artists-advertisers-stay-with-app-until-door-slams-shut-2024-04-24/
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
apnews.com/article/finland-estonia-gas-pipeline-balticconnector-china-79e29d7588aca32fe8ea4cdec96adaa9
Investigation process is being examined: Krah's China course is even offensive to AfD politicians
n-tv.de/mediathek/videos/politik/Krahs-China-Kurs-stoesst-selbst-AfD-Politikern-auf-article24899909.html
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.
Who paid for flights to China?: Contradictory information about China funds weighs on Krah
n-tv.de/politik/Widerspruechliche-Angaben-zu-China-Geldern-belasten-Krah-article24899155.html
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Taiwan happy with US aid package, China objects to arms sales: Taiwan President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a ...
reuters.com/world/asia-pacific/taiwan-happy-with-us-aid-package-china-objects-arms-sales-2024-04-24/
The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
Paid articlePaid
Germany's Scholz sounds alarm over far-right China spy allegations: German Chancellor Olaf Scholz said on Wednesday allegations that the aide to a prominent ...
reuters.com/world/europe/german-far-right-politician-vows-not-quit-after-aide-accused-spying-china-2024-04-24/
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.
The US Is no longer the arsenal of democracy: For the first several decades after World War II, the United States championed free trade ...
asiatimes.com/2024/04/the-us-is-no-longer-the-arsenal-of-democracy/
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
Paid articlePaid
Suspicion of espionage, bribes, corruption: the AfD is under considerable pressure. In the middle of it all is the AfD's top candidate for the Euro elections: ... Show more www.spiegel.de/ #AfD #AfDSkandal #VoiceOfEurope #China #Korruption
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/3wa0Hjp
What US should do next on national security: The US Congress just passed — and Biden signed — a major national security bill. The bill has four main provisions: ...
asiatimes.com/2024/04/what-us-should-do-next-on-national-security/
Malaysia Weighs Opening Casino in Forest City in Potential Boon for King Ibrahim: Malaysia is in early discussions with tycoons on opening a casino in Forest ...
bloomberg.com/news/articles/2024-04-24/malaysia-weighs-opening-casino-in-forest-city-in-potential-boon-for-king-ibrahim
Paid articlePaid Thai c.bank minutes show economy expanding, uncertainty remains: Thailand's economy is projected to grow at a faster pace in 2024 than 2023 supported by private ...
reuters.com/markets/asia/thai-cbank-minutes-show-economy-expanding-uncertainty-remains-2024-04-24/
What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?
economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
Paid articlePaid
If Britain is so bothered by China, why do these .gov.uk sites use Chinese ad brokers?
theregister.com/2024/04/24/ads_on_gov_uk_websites/
Congress passes bill that could ban TikTok after years of false starts: Lawmakers sped a possible TikTok ban through Congress by tying it to a sprawling funding ...
washingtonpost.com/technology/2024/04/23/tiktok-ban-senate-vote-sale-biden/
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.
US Senate passes bill to force TikTok divestment or ban: The U.S. Senate voted late Tuesday to send legislation to President Joe Biden that would require Chinese ...
reut.rs/3UvbZbd
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
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/
Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States ... Show more www.reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
YOURSAY | MCA needs to let go of animosity towards DAP: ‘I thought you guys had already kissed and made up?’
malaysiakini.com/news/703512
BASF: Further job cuts in Ludwigshafen: BASF: Further job cuts in Ludwigshafen - Company - THE RHEINPALAZZ
rheinpfalz.de/lokal/pfalz-ticker_artikel,-basf-weiter-stellenabbau-in-ludwigshafen-_arid,5640342.html
Tesla’s entry into India’s EV market will be 'good news’ for the country, says MG Motor India
cnbc.com/2024/04/24/elon-musk-teslas-entry-into-india-ev-market-is-good-news-mg-motor-india-.html
Quick Glance: Tesla's Impact on India's EV Market
- MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.
- According to Bain & Company, EVs constitute around 5% of India's automobile sector.
- India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
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/
China wants to respond "resolutely" to major US maneuvers in the Indo-Pacific: The US increases military and economic pressure ahead of Secretary of State ...
berliner-zeitung.de/politik-gesellschaft/geopolitik/china-will-entschlossen-auf-us-grossmanoever-im-indopazifik-reagieren-li.2208922
China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
cnbc.com/2024/04/24/chinas-xiaomi-is-selling-so-many-electric-cars-its-closer-to-breaking-even.html
China taking preventative measures to head off US secondary-sanction threat: Russia’s economy is feeling squeezed.
eurasianet.org/china-taking-preventative-measures-to-head-off-us-secondary-sanction-threat
'ECONOMIC DISASTER': Former CIA officer warns Biden's electric vehicle agenda is a national security threat that could "ultimately destroy us." www.foxbusiness.com/media/evs-climate-agenda-national-security-threat-weaken-ultimately-destroy-expert-warns
Reuters NEXT Newsmaker with Janet Yellen, US Secretary of the Treasury, to discuss the crisis in the Middle East, lingering inflation pressures and the state ... Show more events.reutersevents.com/reuters/newsmaker/janetyellen
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/
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
Why elections in India, the world’s largest democracy, are crucial to watch: As India heads to the polls this week, in what will be the biggest democratic ...
pbs.org/newshour/world/why-elections-in-india-the-worlds-largest-democracy-are-crucial-to-watch
US overtakes mainland China as Taiwan’s main export market, sign of ‘strategic shift’ amid tech decoupling
scmp.com/economy/global-economy/article/3260212/us-overtakes-mainland-china-taiwans-main-export-market-sign-strategic-shift-amid-tech-decoupling
There Is No TikTok in China, Only Douyin. Here’s What It Is.: ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world ...
nytimes.com/2024/04/25/business/china-tiktok-douyin.html
Trade, TikTok, Taiwan: Blinken faces tough talks in China: BEIJING: Top US diplomat Antony Blinken faces tough talks in China this week, as Washington ramps up ...
thestar.com.my/aseanplus/aseanplus-news/2024/04/24/trade-tiktok-taiwan-blinken-faces-tough-talks-in-china
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/
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/
Johnny Cash Finds Love at the Laundromat on Posthumous Song ‘Well Alright’: A new posthumous Johnny Cash album, 'Songwriter,' rooted in previously ...
rollingstone.com/music/music-country/johnny-cash-album-songwriter-well-alright-1235008895/
Hong Kong schools ban books, warn teachers not to get 'political': Flag-raising and patriotic essays are in, frank debates about recent Chinese history are out.
rfa.org/english/news/china/hong-kong-schools-book-ban-04232024141733.html
Espionage in Germany: Is the Cold War coming back?: Eavesdropping, sabotage plans, spying attempts: Germany is increasingly being targeted by foreign powers ...
stern.de/politik/deutschland/spionage-in-deutschland--kommt-der-kalte-krieg-zurueck--34653442.html
Two months ago, #JoeBiden joined #TikTok with a video captioned “lol hey guys”.
Now, the #US #president is poised to sign a bill that could ban the popular app - ... Show more #ByteDance #China #technology #SocialMedia #Democrats #Republicans #Politics #TikTokPolitics
INTERVIEW: ‘There's exposure across Wall Street’: Rep. Raja Krishnamoorthi says Americans are unwittingly investing in Chinese entities that abuse human rights.
rfa.org/english/news/uyghur/blackrock-msci-index-04222024141221.html
Soundcore's new sports earbuds offer a Powerbeats Pro-style customizable secure fit for a fraction of the price
techradar.com/audio/earbuds-airpods/soundcores-new-sports-earbuds-offer-a-powerbeats-pro-style-customizable-secure-fit-for-a-fraction-of-the-price
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
We Tested the BYD Seal—the Car That Explains Why Tesla Just Cut Its Prices: A world-class saloon for the people, from China’s biggest name in EVs ...
wired.com/review/review-byd-seal-2024/
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/
Gold price outlook: 29% upside to $3K as China central bank keeps buying: China has purchased about 181 tonnes of gold over the past year, and is now the ...
markets.businessinsider.com/news/commodities/gold-price-outlook-china-central-bank-buying-spree-fed-easing-2024-4
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
China can't quit coal by 2040, researchers say, despite global climate goals: China's coal consumption will fall by just one-third by 2040, according to a report ...
reuters.com/world/china/china-cant-quit-coal-by-2040-researchers-say-despite-global-climate-goals-2024-04-23/
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/
China Is Betting on a Trade-In Plan to Help Save Its Economy: China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US ...
bloomberg.com/news/articles/2024-04-22/china-is-betting-trade-ins-for-evs-fridges-can-help-save-its-economy
Kering Warns Profit to Tumble Following Gucci Woes in China: Kering SA warned that profit will plunge in the first half of the year as the crisis at Gucci ...
bloomberg.com/news/articles/2024-04-23/kering-warns-profit-to-tumble-following-gucci-woes-in-china
Paid articlePaid China Finance Ministry Echoes Xi’s Call for Bond Trading at PBOC: China’s Ministry of Finance said it supports allowing the central bank to trade government ...
bloomberg.com/news/articles/2024-04-23/china-finance-ministry-echoes-xi-s-call-for-bond-trading-at-pboc
Asia is most climate disaster-impacted region, UN meteorological agency says: Asia was the world's most disaster-hit region by climate related hazards last year ...
reuters.com/world/asia-pacific/asia-is-most-climate-disaster-impacted-region-un-meteorological-agency-says-2024-04-23/
Shunichi Miyanaga, Chairman of the Board, Mitsubishi Heavy Industries, will attend and co-chair the World Economic Forum's Special Meeting on Global ... Show more www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/ #SpecialMeeting24
Where king dollar is causing pain the most: A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers ...
reut.rs/4b6jIC7
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
Chinese embassy: no espionage: China's embassy in Berlin rejects the latest allegations of espionage. Meanwhile, CDU security expert Kiesewetter is convinced ...
zdf.de/nachrichten/politik/deutschland/spionage-china-deutschland-kiesewetter-100.html
America’s moves against Chinese biotech will hurt patients at home : The motives behind the BIOSECURE act are muddy
economist.com/leaders/2024/04/18/americas-moves-against-chinese-biotech-will-hurt-patients-at-home
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