Turkish automaker, Chinese Farasis ink $56.2M loan with ICBC Turkey: Siro, established as a joint venture of Türkiye's Automobile Initiative Group, or Togg ...
dailysabah.com/business/automotive/turkish-automaker-chinese-farasis-ink-562m-loan-with-icbc-turkey
Electrification: Turkey bans Chinese electric cars from the roads: 50 percent import duty on Chinese electric cars is not enough. With a new decree ...
faz.net/aktuell/wirtschaft/auto-verkehr/tuerkei-e-autos-aus-china-von-den-strassen-verbannt-19377349.html
Paid articlePaid
What In The World Is This Mystery Electric Car? @ Top Speed
: Is it chinese, or is it italian, can you guess what this upcoming ev is? we have the answer
topspeed.com/cars/car-news/spy-shots-what-in-the-world-is-this-mystery-electric-car-ar196107.html
Possible espionage for China: Krah's office accessed secret documents in the trade committee
spiegel.de/politik/deutschland/afd-mann-maximilian-krah-sensible-daten-im-handelsausschuss-abgerufen-spionagevorwuerfe-gegen-mitarbeiter-a-60dd5b76-f969-46c8-932e-7d170374e604
Quick Glance: Krah's Office Obtained Sensitive Data in Trade Committee for China
- Maximilian Krah's office, an AfD politician in the EU Parliament, accessed sensitive data in the Trade Committee.
- An employee of Krah was arrested on suspicion of leaking internal information to a Chinese intelligence agency.
- There were multiple requests from Krah's office for documents classified as sensitive or restricted, but none for confidential papers.
- The EU Parliament is internally investigating due to limited information from national intelligence services, and there are probes into possible payments to EU parliamentarians from Russia.
Chinese nationals charged with conspiring to illegally export U.S. tech to China - UPI.com
upi.com/Top_News/US/2024/04/26/Chinese-nationals-charged-export-technology/5601714108635/
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 ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
The Chinese government will host Palestinian unity talks between Hamas and Fatah amid the Gaza War, both groups and a Beijing diplomat said on Friday ... Show more
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Blinken says China helping fuel Russian threat to Ukraine: The US Secretary of State was speaking to the BBC at the end of a three-day trip to China.
bbc.com/news/world-asia-china-68905475
Wang Yi tells Antony Blinken not to step on China's red lines: US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.
bbc.com/news/articles/c2547ll8z0ro
China warns US of rising ‘negative factors’ in bilateral ties: World is watching to see if rivalry will ‘break out into conflict’, foreign minister Wang Yi tells ...
ft.com/content/246c9e16-1dc9-432d-990c-11660f9c7d56
US Secretary of State Antony Blinken snapped up a Taylor Swift album along with one by classic Chinese rocker Dou Wei during an unexpected detour to a Beijing ...
reut.rs/49WFGGS
Blinken tells CNN the US has seen evidence of China attempting to influence upcoming US elections
cnn.com/2024/04/26/politics/blinken-china-interview-intl-hnk/
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
Chinese Bond Funds Are Limiting Inflows Amid Buying Frenzy: A growing number of fixed-income funds in China is setting limits on investor inflows ...
bloomberg.com/news/articles/2024-04-26/china-funds-step-up-efforts-to-cool-bond-buying-as-yields-slide
Antony Blinken in China: Chinese FM urges US not to suppress China's development
wionews.com/videos/antony-blinken-in-china-chinese-fm-urges-us-not-to-suppress-chinas-development-715545
Connections to China and Russia: Laschet attacks AfD leader Chrupalla for his handling of the espionage affair
spiegel.de/politik/afd-spionageaffaere-armin-laschet-attackiert-tino-chrupalla-bei-maybrit-illner-a-802feb39-46fc-4042-8442-021d98504482
Quick Glance: Clash over AfD's Corruption Allegations
- Despite corruption allegations, the AfD stands by its EU lead candidates, sparking a heated debate on 'Maybrit Illner.'
- Concerns arise over potential bribery involving Krah and Bystron, despite no legal guilt being proven.
- Internal distancing within the AfD and criticism of a lack of transparency regarding the candidates ensue.
- The discussion concludes with the possibility of the AfD's list changes for the European elections being invalidated.
NATO chief Stoltenberg says it's 'not too late for Ukraine to prevail' against Russia
france24.com/en/europe/20240425-nato-chief-stoltenberg-says-it-s-not-too-late-for-ukraine-to-prevail-against-russia
Quick Glance: Nato Chief Stoltenberg in Eurofighter Looping over MV
- Nato Secretary-General Jens Stoltenberg takes a flight in a Eurofighter in Laage, accompanied by the Commodore of the Tactical Air Force Wing 73.
- The Eurofighters serve as air defense and traffic police, quickly responding to alerts and operating over the Baltic Sea.
- Stoltenberg participates in a one-hour flight involving aerial refueling, interception maneuvers, and a rendezvous with Swedish Gripen fighter jets.
- Stoltenberg is impressed by the experience, praises the pilots, and emphasizes the importance of the Laage air base for NATO.
China's Foreign Minister Wang Yi speaks to Al Jazeera about the country's approach to diplomacy, cooperation, and Israel's war on Gaza.
🔗: ‘Create harmony’: Q&A with China’s Foreign Minister Wang Yi | Israel War on Gaza News | Al Jazeera
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Paid articlePaidQuick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
The latest Chinese space mission Shenzhou-18, which left Earth for the Chinese Tiangong space station on April 25, 2024, is set to be the first to raise ... Show more
China sends trio to Tiangong space station from Gobi desert launch as authorities declare 2030 moon landing on track | South China Morning Post
China sends trio to Tiangong space station from Gobi desert launch as authorities declare 2030 moon landing on track | South China Morning Post
Espionage affair: China rejects accusations from Germany as pure invention: Beijing doesn't want to let the espionage accusations slide and is stepping up the ...
spiegel.de/ausland/spionageaffaere-china-weist-anschuldigungen-aus-deutschland-als-reine-erfindung-zurueck-a-82b6d00f-a566-4a24-ade0-3627cd081615
Maximilian Krah: Public Prosecutor General's Office initiates preliminary investigations
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.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.
Granting waivers on Iranian oil only emboldens the ayatollahs: The only way to reach any agreement with Tehran to constrain the activities of its clients is by ...
thehill.com/opinion/national-security/4622953-granting-waivers-on-iranian-oil-only-emboldens-the-ayatollahs/
Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Survey before European elections: AfD loses support after espionage scandal: The allegations of possible influence by Russia and China on the AfD concern many ...
spiegel.de/politik/deutschland/afd-zustimmung-sinkt-nach-spionageaffaere-vor-europawahlen-a-22513360-0136-4a68-9f2a-48f780004c0e
RIP, SSF: Unpacking the PLA’s Latest Restructuring: The Strategic Support Force is no more, and its functions are being separated into three separate arms: the ...
thediplomat.com/2024/04/rip-ssf-unpacking-the-plas-latest-restructuring/
Chery takes center stage at 2024 Beijing International Automotive Exhibition: Beijing: After a hiatus of four years, the 2024 Beijing International Automotive ...
omanobserver.om/article/1152848/business/cars/chery-takes-center-stage-at-2024-beijing-international-automotive-exhibition
Auto China: China's car manufacturers play in a different league: Car manufacturers from Europe want to prove at the “Auto China” trade fair in Beijing that they ...
wiwo.de/unternehmen/auto/automesse-in-peking-chinas-autohersteller-spielen-in-einer-anderen-liga-/29773666.html
Inside the China-US Competition for AI Experts: Who’s winning the fight for top-tier AI talent?
bloomberg.com/news/articles/2024-04-25/inside-the-china-us-competition-for-ai-experts
Online retailer Shein is latest to face strict European Union digital regulations
apnews.com/article/shein-european-union-digital-services-act-fasion-online-56e51fec66278107e99f3e063a2987a4
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
WADA to launch independent review into Chinese doping case: The under-fire World Anti-Doping Agency (WADA) said on Thursday it would launch an independent review ...
reut.rs/3WbJ6SQ
US Says China Moving Too Slowly on Protecting Intellectual Property: The Biden administration called on China to improve its protections of intellectual property ...
bloomberg.com/news/articles/2024-04-25/us-says-china-moving-too-slowly-on-protecting-intellectual-property
Nidec faces market pressure as founder rips 'unfair' China EV war: TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over ...
asia.nikkei.com/Business/Markets/Nidec-faces-market-pressure-as-founder-rips-unfair-China-EV-war
Paid articlePaid Apple moves closer to China despite supply chain shifts
Japan, Taiwan and U.S. supplier numbers dip as iPhone maker expands in Southeast Asia: Apple moves closer to China despite supply chain shifts - Nikkei Asia
Quick Glance: Apple deepens ties with China amidst supply chain shifts
- Apple is increasing the number of China-based suppliers and Chinese manufacturing sites while decreasing the number of suppliers from Taiwan, the U.S., Japan, and South Korea.
- The company is navigating a balancing act between politics and business by expanding its production in Southeast Asia and India.
- This trend is evident in Apple's latest official supplier list, highlighting China's growing importance.
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reuters.com/podcasts/podcast-blinken-china-trump-immunity-haiti-violence-russian-censors-2024-04-25/
Biden places politics over strategy in US Steel sale: Eight years ago, then-president Barack Obama made a decision that has undermined US standing and influence ...
asiatimes.com/2024/04/biden-places-politics-over-strategy-in-us-steel-sale/
Copper hits 2-year high above $10,000 on China squeeze: TOKYO -- Copper prices rose the highest in two years Friday amid signs of a tighter supply-demand ...
asia.nikkei.com/Business/Markets/Commodities/Copper-hits-2-year-high-above-10-000-on-China-squeeze
Paid articlePaid
How does China feed its population? | NZZ: For Xi Jinping, food security is a top priority. However, China's dependence on food imports is growing - a risk in ...
nzz.ch/international/wie-ernaehrt-china-seine-bevoelkerung-nzz-ld.1827429
New ASML boss Fouquet must navigate US/China chip war: ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech ...
reuters.com/technology/new-asml-boss-fouquet-must-navigate-uschina-chip-war-2024-04-25/
12 Chinese carmakers form ‘supercharge alliance’: EV race to go on overdrive?: BYD, BAIC, GAC, Xpeng, Chery, JAC, Great Wall, Li Auto announce deal to unite on ...
gulfnews.com/auto/news/12-chinese-carmakers-form-supercharge-alliance-ev-race-to-go-on-overdrive-1.1714064061436
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
US warns China to stop supporting Russia's war on Ukraine during Beijing meeting: The US and China have ramped up diplomatic talks despite major differences on ...
abc.net.au/news/2024-04-27/antony-blinken-warns-china-over-its-support-for-russia-war/103775260
With Blinken in China, Beijing Deprioritizes Taiwan: China’s emphasis on Taiwan has weakened, even though China-U.S. relations are currently in a more stable ...
buff.ly/3Qfalbp
A Way Forward in the India-US Critical Minerals Defense Partnership: They can de-risk supply chains by creating a multilateral knowledge bank ...
thediplomat.com/2024/04/a-way-forward-in-the-u-s-india-critical-minerals-defense-partnership/
A Megaraptor Emerges From Footprint Fossils, Study Suggests: A series of foot tracks in southeastern China points to the discovery of a giant velociraptor ...
nytimes.com/2024/04/24/science/velociraptor-fossil-china.html
Mercedes-Benz says it will continue to invest in Chinese tie-ups: Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with ...
timeslive.co.za/motoring/news/2024-04-26-mercedes-benz-says-it-will-continue-to-invest-in-chinese-tie-ups/
China’s New Stance on Facial Recognition: A Move Towards Privacy: In a significant policy shift, China has introduced draft regulations to curb the widespread ...
riotimesonline.com/chinas-new-stance-on-facial-recognition-a-move-towards-privacy/
Handbags and China demand boost sales at Hermes: Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury ...
cnaluxury.channelnewsasia.com/obsessions/handbags-and-china-demand-boost-sales-hermes-244561
A Chinese student in the US received a 9-month jail term for threatening to cut off the hands of a fellow student at a prestigious music institute over ... Show more
Chinese student jailed in US for threatening to ‘cut off hands’ of activist | Crime News | Al Jazeera
Chinese student jailed in US for threatening to ‘cut off hands’ of activist | Crime News | Al Jazeera
Blinken Meets With Xi as U.S. Pressures China to End Support for Russia: Secretary of State Antony Blinken urged China to cut back its support for Russia’s ...
wsj.com/world/blinken-meets-with-xi-as-u-s-pressures-china-to-end-support-for-russia-96e831e0
Space travel: Three astronauts launched to the Chinese space station “Tiangong”: The spacecraft “Shenzhou 18” took off from the Gobi Desert late Thursday evening ...
spiegel.de/wissenschaft/weltall/chinesische-raumfahrt-drei-astronauten-zu-weltraumstation-tiangong-gestartet-a-f48998b6-b65a-4075-b1be-b3280fdf5292
North Korean defector Kim Kyu-li is afraid for her younger sister Kim Cheol-ok, who was allegedly deported by Chinese authorities in October 2023 after living ... Show more
Micron secures $13bn in US support to expand chipmaking capacity: Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
ft.com/content/084c5cce-3734-4c28-8cab-ee1ecaa7e402
AfD members' connections to Russia and China have dominated the headlines for weeks. Today, at the request of the traffic light coalition factions ... Show more
China harbors ship linked to North Korea-Russia arms transfers, satellite images show
english.alarabiya.net/News/world/2024/04/25/china-harbors-ship-linked-to-north-korea-russia-arms-transfers-satellite-images-show
Ad group WPP trails rivals with decline in organic revenue: Britain's WPP became a clear laggard among global ad companies with a drop in organic revenue drop in ...
reuters.com/business/media-telecom/ad-group-wpp-reports-16-drop-first-quarter-organic-growth-2024-04-25/
VW, BMW and Mercedes continue to fall: “The German car manufacturers are in a trap”
fr.de/wirtschaft/vw-bmw-mercedes-stuerzen-ab-china-verbrenner-markt-schrumpft-e-auto-boom-93032787.html
Toyota sells more than ten million vehicles for the first time: Sales of e-cars almost tripled in the past financial year to 116,654. However ...
diepresse.com/18403111/toyota-verkauft-erstmals-mehr-als-zehn-millionen-fahrzeuge
Huge fossilised footprint of dinosaur found in China belongs to a megaraptor: Huge fossilised footprint of dinosaur found in China belongs to a megaraptor
wionews.com/science/huge-fossilised-footprint-of-dinosaur-found-in-china-belongs-to-a-megaraptor-714852
Xpeng's Gu says robotaxis won’t be a real business for at least five years: Xpeng, a China-based electric car startup that is also selling in Europe ...
cnbc.com/2024/04/25/xpengs-gu-says-robotaxis-wont-be-a-real-business-for-at-least-five-years.html
U.S. Solar Factories Say Biden Isn't Doing Enough To Protect Them From China: The White House launched a $7 billion “solar for all” program earlier this week ...
huffpost.com/entry/biden-solar-manufacturing-china_n_6629183ce4b06e0c270ad0d4
Political scientist: Espionage allegations are unlikely to harm the AfD: Few people will reconsider their attitude towards the party, says political scientist ...
stimme.de/ueberregional/deutschland-welt/politik/inland/politologe-spionage-vorwuerfe-afd-politik-russland-china-art-4913588
Turkey’s electric car sales surge eightfold in 2023, data shows: In 2023, 68,700 electric vehicles were purchased in Turkey, a sharp increase from the 7 ...
duvarenglish.com/turkeys-electric-car-sales-surge-eightfold-in-2023-data-shows-news-64256
Maximilian Krah: Public Prosecutor General's Office initiates preliminary investigations
t-online.de/nachrichten/deutschland/innenpolitik/id_100393116/maximilian-krah-generalstaatsanwaltschaft-leitet-vorermittlungen-ein.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.
These are the countries where TikTok is already banned: TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of ...
apnews.com/article/tiktok-bytedance-ban-china-india-376f32d78861e14e65ec4bc78e808a0d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in China, say analysts
scmp.com/tech/big-tech/article/3259655/huaweis-new-pura-70-series-smartphone-poses-threat-iphone-sales-china-say-analysts
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/
War in Ukraine: US to send new aid right away, Biden says: The president says weapons and equipment will be sent to Kyiv "in the next few hours" ...
bbc.com/news/world-us-canada-68885868
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.
More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
China vs. USA: TikTok controversy could strengthen democracy: China's stance on TikTok could inadvertently promote digital ethics and pave the way for stricter ...
t-online.de/digital/kolumne-nicole-diekmann/id_100392090/china-vs-usa-tiktok-kontroverse-koennte-demokratie-staerken.html
In China's #Guangdong province, relentless #rain has unleashed chaos. Over 100,000 residents have been forced to flee their homes as the deluge continues to wreak ... Show more
Huber on ntv Frühstart: "The AfD is a danger for Germany": The top candidate is no longer acceptable, the AfD is a danger to Germany: clear words from CSU ...
n-tv.de/politik/Die-AfD-ist-eine-Gefahr-fuer-Deutschland-article24896930.html
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
In Pictures: The Taiwanese government will remove all remaining statues of late president Chiang Kai-shek from public spaces in what is seen as a bid to erase ... Show more
Taiwan to remove statues of late president Chiang Kai-shek, former leader of Kuomintang, from public spaces | South China Morning Post
Taiwan to remove statues of late president Chiang Kai-shek, former leader of Kuomintang, from public spaces | South China Morning Post
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
North Koreans in China vanish as border reopens: HELONG, China: After fleeing famine in North Korea, Kim Cheol Ok laid low in China for decades - until a doomed ...
channelnewsasia.com/asia/north-koreans-vanish-china-border-reopens-escape-4290816
Tuscany's luxury suppliers feel chill from China and changing trends: Waning Chinese demand for luxury goods has compounded the problems of Tuscany's traditional ...
reuters.com/business/retail-consumer/tuscanys-luxury-suppliers-feel-chill-china-changing-trends-2024-04-24/
Quick Glance: Impact of Decreasing Chinese Demand on Tuscany's Luxury Suppliers
- The declining demand for luxury goods from China has exacerbated the challenges faced by Tuscany's traditional leather companies as major fashion houses adjust their strategies.
- Last month, the world's largest luxury group, LVMH, reported a decrease in revenue in Asia.
- Certain specialized suppliers have opted to focus on creating exclusive products for niche markets instead of collaborating with prominent fashion brands.
- Amidst industry shifts, concerns arise in Tuscany regarding the potential permanent loss of unique skills integral to the allure of "Made in Italy."
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