country in East Asia
Taiwan ally tells China 'Don't tell me who my friends can be': Palau president spurned China's offer to cut ties with Taiwan
taiwannews.com.tw/en/news/4157966
Palau president rejects Beijing, reaffirms ties with Taiwan - Focus Taiwan: Singapore, March 22 (CNA) Palau President Surangel Whipps Jr., who is scheduled to ...
focustaiwan.tw/politics/202103220023
Palau president praises Taiwan partnership, rejects Chinese pressure: US Ambassador to Palau John Hennessey-Niland also in attendance
taiwannews.com.tw/en/news/4163490
China's carrot & stick approach counter-productive: Palau president - Focus Taiwan
focustaiwan.tw/politics/202103290024
China's abusive overtures will get it no love: Palauan president: During Taiwan visit, Palauan president stresses primacy of trust in bilateral relationships
taiwannews.com.tw/en/news/4163901
New Palau president vows support for Taiwan amid Chinese bullying: Pacific country to continue backing Taiwan despite China cutting its economic lifeline
taiwannews.com.tw/en/news/4105432
US Ambassador Makes First Visit to Taiwan in More Than 40 Years: A visit from Palau’s president also highlighted a milestone for Taiwan-U.S. relations.
thediplomat.com/2021/04/us-ambassador-makes-first-visit-to-taiwan-in-more-than-40-years/
Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering "moderate to severe" levels of subsidence ...
reuters.com/world/china/nearly-half-chinas-major-cities-are-sinking-researchers-say-2024-04-18/
China AI Gold Rush Sees Retail Traders Hunting for Obscure Winners: Hunt is on for potential homegrown winners – however obscure – as China builds out an ...
bloomberg.com/news/articles/2024-04-19/china-ai-gold-rush-sees-retail-traders-hunting-for-obscure-winners
Chinese government-linked hackers have burrowed into US-critical infrastructure and are waiting 'for just the right moment to deal a devastating blow ...
reut.rs/4d2RKJi
Quick Glance: Chinese Hackers Preparing to Attack US Infrastructure
- FBI Director Christopher Wray warned that Chinese hackers have infiltrated U.S. critical infrastructure and are 'waiting for the right moment to deliver a devastating blow.'
- Wray revealed that the Chinese hacking campaign known as Volt Typhoon has accessed numerous American companies in telecommunications, energy, water, and other critical sectors.
- The Chinese hackers operate a series of botnets to conceal their malicious cyber activities, making it difficult to determine the intent of this cyber pre-positioning.
- China's Embassy in Washington pointed out that some in the U.S. are tracing cyberattacks back to China and politicizing them, while China claims to be the victim in this scenario.
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced
China opens new air routes near Taiwanese islands: China's aviation regulator said on Friday it had opened new air routes to the Chinese cities of Xiamen and ...
reuters.com/world/asia-pacific/china-opens-new-air-routes-near-taiwanese-islands-2024-04-19/
China Vows to Act After US Calls for Tariffs on Steel Products: China slammed a US plan to impose new restrictions on its steel and aluminum products ...
bloomberg.com/news/articles/2024-04-18/china-vows-to-act-after-us-calls-for-tariffs-on-steel-products
TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates
nytimes.com/2024/04/17/technology/tiktok-ban-ukraine-israel-aid.html
Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass: Court records, mistakenly made public, tell a story about the birth of ByteDance ...
nytimes.com/2024/04/18/business/tiktok-bytedance-jeff-yass.html
Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers: Mexico's federal government, under pressure from the U.S., is keeping Chinese ...
reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/
Quick Glance: Mexico Ends Incentives for Chinese Electric Vehicle Manufacturers
- Under US pressure, Mexico discontinues incentives for Chinese car manufacturers.
- US pressure compels Mexico to avoid Chinese automakers.
- Mexico caught in the middle of car wars between the US and China.
- US pressure leads to Mexico ceasing incentives for Chinese electric vehicles.
Chinese technology giant Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that many analysts expect to contain ... Show more www.reuters.com/technology/chinas-huawei-start-selling-pura-70-smartphones-2024-04-18/
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
China Market Trouble: Beijing Aims to Curb Speculation With Reform Plan: China is seeking to end the years of speculator driven boom-and-bust trading by pivoting ...
bloomberg.com/news/articles/2024-04-18/china-aims-to-end-age-of-froth-that-has-plagued-its-stock-market
Paid articlePaid
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 US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Louis Vuitton holds 'Voyager' fashion show in Shanghai: Louis Vuitton debuted its newly-labelled "Voyager" travelling show in Shanghai on Thursday night ...
reuters.com/lifestyle/louis-vuitton-holds-voyager-fashion-show-shanghai-2024-04-18/
Chinese villagers downplay help for Malay travellers in Perak: PETALING JAYA: To the Malay travellers who got a smoother ride home to Kuala Lumpur after their ...
thestar.com.my/news/nation/2024/04/18/chinese-villagers-downplay-help-for-malay-travellers-in-perak
Chinese foreign minister criticizes US role in Gaza talks during visit to Indonesia
apnews.com/article/china-indonesia-wang-yi-marsudi-gaza-3d248aca60a471bbb4990e61ceb4967e
A Trove of ByteDance Records Mistakenly Went Public. Here’s What They Say.: The records briefly surfaced in a lawsuit involving the Republican megadonor Jeff ...
nyti.ms/3vO6PxL
Chinese spies target Dutch industries to strengthen military, intelligence agency says
reuters.com/world/china/chinese-spies-target-dutch-industries-strengthen-military-intelligence-agency-2024-04-18/
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
Tech war: how Chinese scientists rigged a low-cost AI computer chip to power a hypersonic weapon
scmp.com/news/china/science/article/3259166/tech-war-how-chinese-scientists-rigged-low-cost-ai-computer-chip-power-hypersonic-weapon
Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reut.rs/3U5JYFO
IMF tells Asian central banks not to follow Fed too closely: The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation ...
reuters.com/markets/imf-tells-asian-central-banks-not-follow-fed-too-closely-2024-04-18/
China’s Youth Unemployment Level Remains Steady in March: China reported a steady rate of youth unemployment in March after an official warned that joblessness ...
bloomberg.com/news/articles/2024-04-18/china-s-youth-unemployment-level-remains-steady-in-march
Paid articlePaid Philippines says decision to strengthen ties with Japan, US a 'sovereign choice': The Philippines' decision to ramp up ties with Japan and the United States is a ...
reuters.com/world/philippines-says-decision-strengthen-ties-with-japan-us-sovereign-choice-2024-04-18/
President Joe Biden called for sharply higher US tariffs on Chinese metal products as part of a package of policies aimed at pleasing steelworkers in the swing ... Show more reut.rs/3Q8QavL
Scary: Dongfeng M-Hero 1 electric car in the driving report: The electric car from Dongfeng appears less heroic than frightening. The 3.9-ton truck with 142 kWh ...
heise.de/tests/Elektro-Gelaendeauto-Dongfeng-M-Hero-1-mit-142-kWh-im-Fahrbericht-9683400.html
Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Joe Biden takes his first jab at Donald Trump over hush-money trial: With the slightest of jabs Wednesday, President Joe Biden publicly acknowledged former ...
usatoday.com/story/news/politics/elections/2024/04/17/biden-jabs-trump-over-hush-money-trial/73354008007/
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
Margin Call Cited for Mysterious 99% Crash in China Cement Maker: China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin ...
bloomberg.com/news/articles/2024-04-18/margin-call-cited-for-mystery-stock-crash-in-china-cement-maker
Paid articlePaid China foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...
reuters.com/world/china-foreign-ministry-welcomes-blinkens-visit-china-tensions-simmer-2024-04-18/
China's cities are sinking, putting tens of millions at risk: Nearly a third of China's urban population lives in areas that are subsiding ...
npr.org/2024/04/18/1244795971/chinas-cities-are-sinking-putting-tens-of-millions-at-risk
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks beyond China
cnn.com/2024/04/18/tech/apple-vietnam-supply-chain-china/
China's iPhone-Making Dominance May Be Coming to an End: India is offering lucrative manufacturing support programs to attract companies like Apple that want to ...
newsweek.com/china-india-apple-decline-supply-chain-decoupling-1891076
'We are poisoned, everything is polluted': In a Serbian village, women fight to escape an encroaching mine they say is contaminating their local land and water ... Show more www.reuters.com/investigates/special-report/serbia-mine-village/
“They are cheating”: US President Biden wants to increase tariffs on Chinese steel
spiegel.de/wirtschaft/unternehmen/dumpingvorwuerfe-an-china-us-praesident-joe-biden-will-zoelle-auf-stahl-erhoehen-a-19a45d4c-627a-453c-9413-ec63e1d619d2
China's newest aircraft carrier seen with mock-ups of aircraft: images: Images show the aircraft carrier Fujian hosting mock-ups of various aircraft ...
businessinsider.com/chinas-newest-aircraft-carrier-seen-with-aircraft-mock-ups-images-2024-4
IMF chief says productivity, Chinese consumer spending key to boosting global growth
reuters.com/markets/imf-chief-says-productivity-chinese-consumer-spending-key-boosting-global-growth-2024-04-18/
Apple Considering Opening a Factory in Indonesia, CEO Says: Tim Cook said that the giant tech firm would look at options in Indonesia, as it continues to reduce ...
thediplomat.com/2024/04/apple-considering-opening-a-factory-in-indonesia-ceo-says/
InnovationRx: Legislation Could Prevent Pharma Companies From Working With Chinese Contractors
forbes.com/sites/katiejennings/2024/04/17/innovationrx-legislation-could-prevent-pharma-companies-from-working-with-chinese-contractors/
Young people in China -- raised in an era of rapid economic expansion and rising living standards -- are adopting a more rational approach to spending ... Show more asia.nikkei.com/Spotlight/Asia-Insight/China-s-Gen-Z-turns-frugal-as-economy-doubts-linger
Hebrew U prof. arrested after doubting Hamas rapes, saying Israelis ‘should be afraid’
timesofisrael.com/hebrew-u-prof-arrested-after-doubting-hamas-rapes-saying-israelis-should-be-afraid/
Beijing Race Under Scrutiny As Video Suggests Runners Helped Chinese Winner: Organizers are investigating the results of the Beijing Half Marathon ...
nytimes.com/2024/04/16/sports/beijing-half-marathon-controversy-he-jie.html
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
At G7, Blinken seeks European support for pressure on China: CAPRI: The United States urged European powers to increase pressure on China at a G7 foreign ...
channelnewsasia.com/asia/g7-blinken-seeks-european-support-pressure-china-4276471
The West says China makes too much. Its workers disagree: Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its ...
bbc.com/news/world-asia-china-68838219
Schindler reaffirms 2024 sales target, but warns of weakness in China: Lift and escalator maker Schindler reiterated its full-year revenue guidance for low ...
reuters.com/business/schindler-posts-q1-order-intake-slightly-above-expectations-2024-04-18/
HAPPENING NOW: Pres. Biden delivers remarks at the United Steelworkers headquarters in Pittsburgh. abcnews.go.com/Politics/wireStory/biden-seeking-higher-tariffs-chinese-steel-courts-union-109339743
ABB shares hit record high after Swiss engineering group's confident start to 2024
reuters.com/markets/europe/abb-beats-forecasts-with-first-quarter-earnings-2024-04-18/
Huawei unveils new phone lineup to ramp up the pressure on Apple: Huawei Technologies Co released its latest series of smartphones on April 18 ...
thestar.com.my/tech/tech-news/2024/04/18/huawei-unveils-new-phone-lineup-to-ramp-up-the-pressure-on-apple
Woman in Brazil wheels corpse into bank to take out loan in dead man’s name: A woman brought a 68-year-old man in a wheelchair into a bank branch and tried to ...
scmp.com/news/world/americas/article/3259462/woman-brazil-wheels-corpse-bank-take-out-loan-dead-mans-name
Paid articlePaid The latest trend to sweep Chinese social media shows young professionals intentionally dressing badly for work.
Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...
ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1
Australia increases defence spending by $32bn in response to China build-up: Labor government commits to spending rises to pay for Aukus and long-range missile ...
ft.com/content/a5ba1e78-92e7-4cd5-9bad-327e4358b1b4
Britain decided not to list genomics as critical infrastructure, deputy PM says
reuters.com/world/uk/britain-decided-not-list-genomics-critical-infrastructure-deputy-pm-says-2024-04-18/
Jokowi asks China to help build transport new Indonesian capital: JAKARTA -- Indonesian President Joko "Jokowi" Widodo met Chinese Foreign Minister ...
asia.nikkei.com/Politics/International-relations/Jokowi-asks-China-to-help-build-transport-new-Indonesian-capital
China steelmakers show overcapacity strain as U.S. battens import hatches: HONG KONG -- Chinese steelmakers are being weighed down by overcapacity and are ...
asia.nikkei.com/Business/Materials/China-steelmakers-show-overcapacity-strain-as-U.S.-battens-import-hatches
Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
Investors in Tesla are calling for more information about the status of the $25,000 Model 2 EV and Elon Musk's plans to address the company's declining sales ... Show more www.reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
Title: Misinformation.
Illustration by Cathy Wilcox.
Read the letters to the editor here: www.theage.com.au/national/victoria/defence-spending-diplomacy-should-come-before-sabre-rattling-20240418-p5fl08.html
Sanctioned Chinese security camera maker Dahua divests from U.S.: HONG KONG -- Zhejiang Dahua Technology, a major Chinese surveillance camera manufacturer ...
asia.nikkei.com/Business/China-tech/Sanctioned-Chinese-security-camera-maker-Dahua-divests-from-U.S
Wall Street steered billions to blacklisted Chinese companies: probe, WSJ reports
reuters.com/business/finance/wall-street-steered-billions-blacklisted-chinese-companies-probe-wsj-reports-2024-04-18/
Israelis struggle to celebrate Passover, a holiday about freedom, while many remain captive in Gaza
pbs.org/newshour/world/israelis-struggle-to-celebrate-passover-a-holiday-about-freedom-while-many-remain-captive-in-gaza
L’Oréal Bounces Back as Europe, North America Offset China: L’Oréal SA reported better-than-expected first-quarter sales as strength in Europe and North America ...
bloomberg.com/news/articles/2024-04-18/l-oreal-bounces-back-as-europe-north-america-offset-weak-china
Biden calls for tripling tariffs on Chinese metals: It is the latest protectionist policy to be embraced by the White House in an election year.
bbc.com/news/business-68838063
TSMC estimates losses of $92.4 mln due to Taiwan earthquake: Taiwan chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on ...
reuters.com/technology/tsmc-estimates-losses-924-mln-due-taiwan-earthquake-2024-04-18/
How a ‘RuPaul’s Drag Race’ finalist became an unlikely ambassador for Taiwan: Nymphia Wind has found an international stage where China has no interest (or ...
washingtonpost.com/world/2024/04/18/rupaul-drag-race-nymphia-wind-taiwan/
Wang Chuqin proves why he's World No. 1, staying collected in his encounter with Hugo Calderano, claiming the last spot in the #ITTFWorldCup Quarterfinals lineup 👑 ... Show more #LiftTheCup #Macao2024 #TableTennis #PingPong
US trade chief calls for 'decisive' action to shield EV sector from China: The U.S. must take "decisive" action to protect electric vehicles (EVs) from ...
reuters.com/business/autos-transportation/ustr-tai-calls-decisive-action-shield-ev-sector-china-2024-04-17/
China is moving towards full monetary independence: The country needs to inflate away its high debt burden
ft.com/content/9f400538-645f-4c80-b206-0de6c51dc75f
To beat China EVs on cost, Honda supplier and ArcelorMittal look beyond gigacasting
asia.nikkei.com/Business/Automobiles/To-beat-China-EVs-on-cost-Honda-supplier-and-ArcelorMittal-look-beyond-gigacasting
Paid articlePaid Sinking fortunes: Hong Kong falls out of world’s top 10 busiest ports ranking for the first time as volumes slump
scmp.com/business/china-business/article/3259455/sinking-fortunes-hong-kong-falls-out-worlds-top-10-busiest-ports-ranking-first-time-volumes-slump
Was 2019 Beijing Half Marathon also fixed? Video raises questions, sparks doubt over every result, China sports expert says
scmp.com/sport/china/article/3259368/was-2019-beijing-half-marathon-also-fixed-video-raises-questions-sparks-doubt-over-every-result-says
Heavy rain causes floods in Greater Taipeifocustaiwan.tw/society/202404180002 Several incidents of flooding caused by heavy rain have been reported across the Greater Taipei area Thursday ... Show more
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