The CCP aims for stronger control over digital data, technology development, finance and society ... Show more https://s.nikkei.com/3yXGYRE
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| Last Updated | Mar 25 23 |
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China Carbon Permits to Benefit Clean Energy, Hasten End of Coal Plants - Bloomberg
bloomberg.com/news/articles/2024-04-25/china-s-carbon-milestone-to-benefit-clean-energy-providers
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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: Deep Disagreements Despite Improved US-China Relations
- US Secretary of State Antony Blinken arrives in Shanghai to engage with his Chinese counterparts.
- Although US-China ties are on a steadier footing, numerous unresolved issues persist.
- Topics such as trade, military communication, and tensions in Taiwan strain relations.
- The US threatens sanctions against Chinese firms supporting Russia in the Ukraine conflict.
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
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/
China stands by economic data, says defence spending 'transparent': China defended the veracity of its economic numbers and asserted its military spending was ...
reuters.com/world/china-stands-by-economic-data-says-defence-spending-transparent-2024-04-25/
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
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
China Car Show Latest: Cutthroat Market, Expansion Plans: Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western ...
bloomberg.com/news/articles/2024-04-25/china-car-show-latest-flashy-models-rolled-out-to-win-customers
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/
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
Hermes 1st quarter sales jump 17% on strong China demand: Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday ...
reuters.com/business/retail-consumer/hermes-q1-sales-jump-17-growth-across-regions-2024-04-25/
Toyota partners with Tencent to appeal to young Chinese drivers: Toyota Motor on Thursday said it will partner Chinese gaming and social media leader Tencent in ...
reuters.com/markets/asia/toyota-says-partner-with-tencent-china-2024-04-25/
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/
Chinese Tourists Are Again Embracing International Travel in 2024: Countries that have relaxed entry requirements are best poised to reap the economic rewards in ...
bloomberg.com/news/articles/2024-04-24/chinese-tourists-are-again-embracing-international-travel-in-2024
Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
cnn.com/2024/04/24/tech/tiktok-ban-bytedance-split-the-world-further-intl-hnk/
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
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/
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.
Top US diplomat back in China seeking pressure but also stability : US Secretary of State Antony Blinken returned Wednesday to China on his second ...
english.alarabiya.net/News/world/2024/04/24/top-us-diplomat-back-in-china-seeking-pressure-but-also-stability-
In South China Sea, Xi Jinping's Ships Are Winning the Battle for Oil and Gas - Bloomberg
bloomberg.com/news/features/2024-04-23/in-south-china-sea-xi-jinping-s-ships-are-winning-the-battle-for-oil-and-gas
Paid articlePaid A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
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
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 Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
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/
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
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Apple smartphone shipments in China plummet 19% in 2024 : Apple’s challenges in china continue in the first quarter of 2024. The company's smartphone ...
wionews.com/videos/apple-smartphone-shipments-in-china-plummet-19-in-2024-714439
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
Desmond Shum on how Xi Jinping beat down China’s red aristocrats: It took one of their own to do it, says the businessman and author
economist.com/by-invitation/2024/04/22/desmond-shum-on-how-xi-jinping-beat-down-chinas-red-aristocrats
Foreigners add net $32.7 bln to EM portfolios in March -IIF: Foreigners added about $32.7 billion to their emerging market portfolios in March ...
reuters.com/markets/foreigners-add-net-327-bln-em-portfolios-march-iif-2024-04-23/
Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
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/
Exclusive: China turns the heat up on cross-border investments in local govt debt, sources say
reuters.com/world/china/china-turns-heat-up-cross-border-investments-local-govt-debt-sources-say-2024-04-23/
Battle for influence between US and China heats up in Africa: China has been trying to gain a foothold in Africa over the years, while the US is looking to ...
channelnewsasia.com/world/global-power-rivalry-united-states-china-heating-africa-influence-4290736
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
Kering Warns Profit to Tumble Following Gucci Woes in China: Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed ...
bloomberg.com/news/articles/2024-04-23/kering-warns-profit-to-tumble-following-gucci-woes-in-china
Quick Glance: Kering Faces Profit Decline Amid Gucci Sales Drop
- Kering expects a significant decline in profits in the first half of 2024, leading to an 8.5% drop in shares.
- Gucci's sales, the major brand share of Kering, declined by 18% on a comparable basis, mainly due to weak sales in the Chinese market.
- The company plans to continue investing in the long-term elevation of its brands, particularly Gucci, although this is challenging amidst aesthetic changes.
- Kering anticipates improved sales performance in the second half of the year, but does not expect significant improvement at Gucci in the second quarter.
Tesla: Elon Musk announces more affordable models: Tesla CEO Elon Musk presented the car manufacturer's quarterly results on Tuesday night.
businessinsider.de/wirtschaft/tesla-elon-musk-kuendigt-guenstigere-modelle-an/
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.
Stock Markets Today: Gucci, BOE rate outlook, gold, Tesla: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-gucci-boe-rate-outlook-gold-tesla
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
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/
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
Biden calls for tripling tariffs on Chinese steel and aluminum: China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid ...
businessinsider.com/china-overcapacity-dumping-steel-exports-glut-biden-tariffs-trump-elections-2024-4
Giga-Byte denies sending servers with restricted Nvidia chips to China - Focus Taiwan
focustaiwan.tw/business/202404240007
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
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.
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
Sandvik buys majority stake in China-based Suzhou Ahno: Sweden's Sandvik said on Tuesday it has agreed to buy a majority stake in China-based Suzhou Ahno ...
reuters.com/markets/deals/sandvik-buys-majority-stake-china-based-suzhou-ahno-2024-04-23/
JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
China is pushing couples to have more babies for the good of the country. Many young people are saying no
abc.net.au/news/2024-04-25/fertility-rates-in-china-dropping/103654528
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/
China secures state-of-the-art AI chips through the back door: The US government is trying to prevent the export of special processors optimized for artificial ...
faz.net/aktuell/wirtschaft/kuenstliche-intelligenz/china-sichert-sich-hochmoderne-ki-chips-durch-die-hintertuer-19672828.html
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/
China's military spending concerning given 'failing economy', US admiral says: The increase in China's defence spending is concerning given its economy is
reuters.com/world/chinas-military-spending-concerning-given-failing-economy-us-admiral-says-2024-04-23/
Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Paid articlePaid 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/
Banned Nvidia AI chips end up in China embedded in Dell servers: Penalties for violating U.S. export controls include hundreds of thousands of dollars in fines ...
fastcompany.com/91111245/banned-nvidia-ai-chips-end-up-china-embedded-dell-servers
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
China In Eurasia Briefing: Previewing Xi's Big Europe Trip: Plus: Chinese spy scandals, a diplomatic fumble in Georgia, a Russian oligarch looks east ...
rferl.org/a/china-eurasia-standish-xi-europe-trip/32918671.html
Analysis: The ulterior motive behind Xi Jinping's latest military reforms: Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei ...
asia.nikkei.com/Editor-s-Picks/China-up-close/Analysis-The-ulterior-motive-behind-Xi-Jinping-s-latest-military-reforms
Paid articlePaid U.S.-China relations 'stable but fragile,' AmCham chief says: HONG KONG -- U.S.-China relations are "stable but fragile," the American Chamber of ...
asia.nikkei.com/Business/Business-trends/U.S.-China-relations-stable-but-fragile-AmCham-chief-says
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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
China Rolls-Royce seller lets man of modest means live the dream in car showroom, tells him ‘try hard to succeed’
scmp.com/news/people-culture/trending-china/article/3258629/china-rolls-royce-seller-lets-man-modest-means-live-dream-car-showroom-tells-him-try-hard-succeed
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/
Xi to Visit Belgrade Around Anniversary of 1999 NATO Embassy Bombing: President Xi Jinping is expected to visit Belgrade around the 25th anniversary of the ...
bloomberg.com/news/articles/2024-04-23/xi-heads-to-belgrade-around-nato-embassy-bombing-anniversary
Paid articlePaid Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
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
Chery, B-ON form electric vans JV for Europe, N.America: B-ON and China's Chery (CHERY.UL) announced an electric van joint venture on Tuesday that gives the ...
reuters.com/markets/deals/chery-b-on-form-electric-vans-jv-europe-namerica-2024-04-23/
China to revise statistics law to fight data fraud: China will revise its statistics law in a bid to fight persistent data fraud, the state-run Xinhua news ...
reuters.com/world/china/china-revise-statistics-law-fight-data-fraud-2024-04-23/
Telegram founder says China downloads have not fallen since Apple move: Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to ...
reuters.com/technology/telegram-founder-says-china-downloads-have-not-fallen-since-apple-move-2024-04-23/
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
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/
The China-Russia trade friendship may not be quite what you think: Commercial ties between the two powers appear to be catching up from an abnormally low base
ft.com/content/4bc0973c-c1f3-4df7-821d-0c262e506bb8
Sanctions to cut off China dollar access as trade with Russia worries US: The US is drafting sanctions on Chinese lenders that facilitate trade with Russia ...
businessinsider.com/china-dedollarization-sanctions-russia-trade-dollar-access-banks-ukraine-war-2024-4
China may have to brace for a new wave of bond defaults, S&P says: China might see a new wave of bond defaults as soon as next year — the third round in about a ...
cnbc.com/2024/04/24/china-may-have-to-brace-for-a-new-wave-of-bond-defaults-sp-says.html
U.S. commander: China plans to be ready to attack Taiwan by 2027 | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15243813
US is ‘stubbornly’ trying to contain China, Beijing says ahead of Blinken visit: Beijing accused Washington of “stubbornly” pushing to contain China and hit out ...
scmp.com/news/china/diplomacy/article/3260085/us-stubbornly-trying-contain-china-beijing-says-ahead-blinken-visit
What’s in the Philippines’ Luzon Corridor?: The Philippines' largest island has become the focus of U.S. and Japanese attempts to counter China's growing power ...
thediplomat.com/2024/04/whats-in-the-philippines-luzon-corridor/
Deadly floods swamp the ‘factory floor of the world’: The floods in Guangdong province were caused by intense convective storms that started last week and are ...
theage.com.au/environment/weather/deadly-floods-swamp-the-factory-floor-of-the-world-20240423-p5flzo.html
Gucci Sales Drop 18% In Q1 Amid China’s Slowdown And Demand For ‘Quiet Luxury’: Luxury conglomerate Kering reported a 10% decline in first-quarter sales as Gucci ...
forbes.com/sites/hyunsoorim/2024/04/23/gucci-sales-drop-18-in-q1-amid-chinas-slowdown-and-demand-for-quiet-luxury/
China's Xi Wants a PBOC That Looks a Lot Like the Fed: Imitation is the sincerest form of flattery. And smart statecraft.
bloomberg.com/opinion/articles/2024-04-23/china-s-xi-wants-a-pboc-that-looks-a-lot-like-the-fed
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
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