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TikTok ban: ByteDance would rather shut app down than sell, insiders say: TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell ...
scmp.com/news/world/united-states-canada/article/3260400/tiktok-ban-bytedance-would-rather-shut-app-down-sell-insiders-say
TikTok ban: ByteDance would rather shut app down than sell, insiders say
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.
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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/
Blinken tells CNN the US has seen evidence of China attempting to ...
Quick Glance: Blinken warns of Chinese interference
  • US Secretary of State Antony Blinken reveals evidence of Chinese attempts to influence the upcoming US elections.

  • Blinken emphasized the unacceptability of any Chinese interference in US elections and warned of further action if support for Russia does not end.

  • He also defended the American right to protest and discussed ways to end the conflict in Gaza.

  • Blinken discussed the importance of a potential peace agreement between Israel and Saudi Arabia, along with a two-state solution for Israel and the Palestinians, before a ceasefire in Gaza.
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AfD leader Chrupalla justifies actions in Russia on “Maybritt Illner” and China affair​
rp-online.de/politik/deutschland/afd-chef-chrupalla-rechtfertigt-bei-maybritt-illner-agieren-in-russland-und-china-affaere_aid-111394343
AfD leader Chrupalla justifies actions in Russia on “Maybritt Illner” and ...
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.
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Blinken spars with China on Russia support, industrial overcapacity: HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken on Friday said he pressed China ...
asia.nikkei.com/Politics/International-relations/US-China-tensions/Blinken-spars-with-China-on-Russia-support-industrial-overcapacity
Blinken spars with China on Russia support, industrial overcapacity
Quick Glance: Blinken warns of Chinese influence attempts and Russia support
  • US Secretary of State Antony Blinken warned of Chinese attempts to influence the upcoming US elections, despite a previous commitment from Xi Jinping not to do so.

  • Blinken emphasized the importance of cutting off any Chinese interference in the US elections and raised concerns about social divisions in the US.

  • Furthermore, Blinken addressed China's support for Russia's defense industrial base and threatened additional action if it continues.

  • He also defended the right to protest, discussed ending the conflict in Gaza, and the potential normalization of relations between Israel and Saudi Arabia.
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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
Toyota teams up with Tencent for drive into China's EV market
Quick 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.
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Suspicion of espionage: Krah employee wanted to work for the BND: The suspected spy from the office of AfD politician Maximilian Krah tried to work for the ...
berliner-zeitung.de/news/spionageverdacht-krah-mitarbeiter-wollte-fuer-den-bnd-arbeiten-li.2209728
Suspicion of espionage: Krah employee wanted to work for the BND
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.
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Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Chinese Stocks Draw Record $3 Billion Influx by Global Funds
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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/
Huawei's smart car tech offers automakers route to China sales
Profile picture of The Diplomat
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/
RIP, SSF: Unpacking the PLA’s Latest Restructuring
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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
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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Chinese fast-fashion app Shein will face tougher EU tech rules: Europe tightens scrutiny of China-based tech companies.
politico.eu/article/chinese-fast-fashion-app-shein-will-face-tougher-eu-tech-rules/
Chinese fast-fashion app Shein will face tougher EU tech rules
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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
Auto China: China's car manufacturers play in a different league
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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
More than 1 in 5 cars sold on Earth this year will be electric
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.
Profile picture of Nikkei Asia
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
Nidec faces market pressure as founder rips 'unfair' China EV war
Profile picture of Nikkei Asia
China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developers-reveal-wave-of-job-cuts
China's distressed property developers reveal wave of job cuts
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Apple moves closer to China despite supply chain shifts: TAIPEI -- Apple is deepening its ties with China even as it further expands production in Southeast Asia ...
asia.nikkei.com/Business/Business-Spotlight/Apple-moves-closer-to-China-despite-supply-chain-shifts
Apple moves closer to China despite supply chain shifts
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.
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Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
bloomberg.com/news/articles/2024-04-26/hong-kong-bourse-regains-favor-on-hopes-of-a-market-revival
Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival
Profile picture of The Diplomat
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 ...
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With Blinken in China, Beijing Deprioritizes Taiwan
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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
How does China feed its population? | NZZ
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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
12 Chinese carmakers form ‘supercharge alliance’: EV race to go on ...
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China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...
bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies
China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - ...
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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/
China’s New Stance on Facial Recognition: A Move Towards Privacy
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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/
Mercedes-Benz says it will continue to invest in Chinese tie-ups
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What side of history do you want to be on?: There is so much noise, it can be hard to discern the values you agree with. Here are some tips to help you determine ...
blogs.timesofisrael.com/what-side-of-history-do-you-want-to-be-on/
What side of history do you want to be on?
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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
Handbags and China demand boost sales at Hermes
Profile picture of The Wall Street Journal
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
Blinken Meets With Xi as U.S. Pressures China to End Support for Russia
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China's influence operations against the U.S. are bigger than TikTok: Intelligence officials and lawmakers describe the Chinese-owned social media app as a ...
npr.org/2024/04/26/1247347363/china-tiktok-national-security
China's influence operations against the U.S. are bigger than TikTok
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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
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in ...
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New York conference discusses crimes against Uyghur Muslims: The Chinese government’s campaign of repression in Xinjiang – billed as a security measure – was ...
jpost.com/international/article-798728
New York conference discusses crimes against Uyghur Muslims
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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
Chery takes center stage at 2024 Beijing International Automotive ...
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's largest auto show showcases all-electric future, local brands ...
Profile picture of South China Morning Post
Ronnie O’Sullivan says ‘good event’ in Hong Kong despite ticket fiasco – and China’s Ding Junhui wants to play snooker in city
scmp.com/sport/other-sport/article/3260471/ronnie-osullivan-says-good-event-hong-kong-despite-ticket-fiasco-and-chinas-ding-junhui-wants-play
Ronnie O’Sullivan says ‘good event’ in Hong Kong despite ticket fiasco – ...
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E-cars in China: German car manufacturers want to get off the defensive: German car manufacturers are struggling in China, where everything revolves around ...
faz.net/aktuell/wirtschaft/auto-verkehr/e-autos-in-china-deutsche-autobauer-wollen-aus-der-defensive-19677972.html
E-cars in China: German car manufacturers want to get off the defensive
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Toyota sells more than ten million vehicles for the first time: Sales of electric cars almost tripled in the past financial year and amounted to 116,654. However ...
diepresse.com/18403111/toyota-verkauft-erstmals-mehr-als-zehn-millionen-fahrzeuge
Toyota sells more than ten million vehicles for the first time
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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
Huge fossilised footprint of dinosaur found in China belongs to a ...
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Hong Kong actress Shirley Yeung now a livestreamer, allegedly once charged $230 for private chats
asiaone.com/entertainment/hong-kong-tvb-actress-shirley-yeung-now-livestreamer-allegedly-once-charged-230-private
Hong Kong actress Shirley Yeung now a livestreamer, allegedly once charged ...
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What it’s really like to live in Macao: While the rest of the world may associate Macao with gambling, its citizens don’t necessarily feel the same way.
cnn.com/travel/what-its-really-like-to-live-in-macao-intl-hnk/
What it’s really like to live in Macao
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Hong Kong crypto hub takes shape with approvals, hiring: HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace ...
asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-crypto-hub-takes-shape-with-approvals-hiring
Hong Kong crypto hub takes shape with approvals, hiring
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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
Xpeng's Gu says robotaxis won’t be a real business for at least five years