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After fanning COVID fears, China must now try to allay them: “China’s pandemic prevention faces a new situation and new tasks, given the weakening severity of ...
nytimes.com/2022/12/03/business/china-zero-covid.html
Why are Hong Kong’s rare pink dolphins disappearing?: If Hong Kong had a charismatic megafauna, it would be the Chinese white dolphin. These playful marine ...
hongkongfp.com/2022/12/03/why-are-hong-kongs-rare-pink-dolphins-disappearing/
Why I’m grieving for China: I’ve always loved the Chinese national anthem. I used to think I was the loudest Communist Youth League pioneer as my class belted it ...
spectator.co.uk/article/why-im-grieving-for-china/
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After fanning COVID fears, China must now try to allay them: “China’s pandemic prevention faces a new situation and new tasks, given the weakening severity of ...
nytimes.com/2022/12/03/business/china-zero-covid.html
Why are Hong Kong’s rare pink dolphins disappearing?: If Hong Kong had a charismatic megafauna, it would be the Chinese white dolphin. These playful marine ...
hongkongfp.com/2022/12/03/why-are-hong-kongs-rare-pink-dolphins-disappearing/
Why I’m grieving for China: I’ve always loved the Chinese national anthem. I used to think I was the loudest Communist Youth League pioneer as my class belted it ...
spectator.co.uk/article/why-im-grieving-for-china/
Court postpones trial of Hong Kong pro-democracy media mogul Jimmy Lai: The government wants Beijing to step in and bar Lai's British defense lawyer from ...
rfa.org/english/news/china/hongkong-jimmylaitrial-12012022140247.html
Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
Quick Glance: Potential Buyers for TikTok Revealed
- The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.
- Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.
- Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.
- Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
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 warns Antony Blinken US must choose between ‘co-operation or confrontation’
ft.com/content/ef9d2f6f-3ef6-4249-af0c-649583e0ee43
Quick Glance: China warns US to Choose Cooperation or Confrontation with Antony Blinken
- Blinken expected to demand Beijing cease support for Russia
- Tensions rise over accusations of China aiding Russia in Ukraine
- US accused of hindering Chinese industrial growth through export controls
- US and China seek to stabilize relations before US election campaign
No Nigerians! This 42-Year-Old Lagos School Admits Indians Only: The Indian school in Ilupeju only admits Indians. You need an Indian passport or proof of having ...
fij.ng/article/no-nigerians-this-42-year-old-lagos-school-admits-indians-only/
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere': TikTok's chief executive said on Wednesday that the company expects to win a legal ...
reuters.com/technology/tiktok-ceo-expects-defeat-us-restrictions-we-arent-going-anywhere-2024-04-24/
Quick Glance: Biden Signs TikTok Ban Bill Into Law, ByteDance Forced to Sell
- After signaling his intention, President Joe Biden signs the foreign aid package including the TikTok ban bill into law.
- The U.S. Senate passes a bill forcing ByteDance to sell TikTok or face a ban.
- ByteDance has nine months to sell TikTok to comply with the law.
- The U.S. government has been persistent in trying to ban TikTok due to national security concerns.
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
Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
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/
China developing super fast, stealth submarines? : Chinese scientists claim they are developing a sci-fi technology that will help Chinese submarines travel at ...
wionews.com/videos/china-developing-super-fast-stealth-submarines-714004
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.
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
Chinese supermarket in Abuja shut for allegedly barring Nigerians: The consumer protection agency has summoned the owner in its investigation into racism ...
bbc.com/news/world-africa-68879687
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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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
Three suspected Chinese spies arrested in Germany — caught stealing sensitive tech secrets
tomshardware.com/tech-industry/three-suspected-chinese-spies-arrested-in-germany-caught-stealing-sensitive-tech-secrets
Quick Glance: Germany apprehends three individuals for alleged China espionage
- The individuals were apprehended in Düsseldorf and Bad Homburg in western Germany, with searches conducted in their residences and places of work.
- Thomas R. is under suspicion of serving as an agent for an employee of the Chinese Ministry of State Security (MSS), aiming to gather intelligence on technologies with potential military applications within Germany.
- Allegedly, the company entered into an agreement with a German university for the purpose of facilitating knowledge exchange.
- During the time of their arrest, there were purported ongoing discussions regarding research initiatives that could contribute to enhancing China's maritime combat capabilities.
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
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
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Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
The US Senate passed legislation giving TikTok's Chinese owner, ByteDance, about nine months to divest the US assets of the short-video app ...
reut.rs/44fo9Zl
US jails Chinese student for threatening pro-democracy schoolmate: He threatened to "chop off" the hands of a Chinese student who put up pro-democracy fliers on ...
bbc.com/news/articles/cp3gz61011ko
Nothing off the table in US response to China overcapacity, Yellen says: The Biden administration is not taking any options off the table to respond to China's ...
reuters.com/world/nothing-off-table-us-response-china-overcapacity-yellen-says-2024-04-25/
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
US House of Representatives passes bill to ban TikTok unless it divests from China
lemonde.fr/en/united-states/article/2024/04/20/us-house-of-representatives-passes-bill-to-ban-tiktok-unless-it-divests-from-china_6669028_133.html
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
China summons German ambassador after spying arrests: The German ambassador to China was summoned by Beijing on Thursday in response to several arrests in ...
reuters.com/world/europe/china-summons-german-ambassador-after-spying-arrests-2024-04-25/
Congress Speeds TikTok Ban Bill By Adding It To Ukraine, Israel, Taiwan Aid Package
forbes.com/sites/johannacostigan/2024/04/18/new-legislative-package-proposes-aid-for-ukraine-israel-taiwan-and-banning-tiktok/
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
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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.
Chinese military officials met US and Russian naval officials this week: Senior Chinese military officials held separate meetings with U.S. and Russian naval ...
reuters.com/world/china/chinese-military-officials-met-us-russian-naval-officials-this-week-2024-04-25/
House Passes Taiwan Aid Bill to Be Combined With Ukraine Funding: The US House passed $61 billion in fresh aid for Ukraine on Saturday, ending a six-month ...
bloomberg.com/news/articles/2024-04-20/house-passes-taiwan-aid-bill-to-be-combined-with-ukraine-funding
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Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
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
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China’s Distressed Pig Farmers Eye Turnaround as Herd Shrinks: Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the ...
bloomberg.com/news/articles/2024-04-24/china-s-distressed-pig-farmers-eye-turnaround-as-herd-shrinks
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
Germany Arrests Three Suspected of Spying for Chinese State: German authorities arrested two men and a woman suspected of working for China’s ministry of state ...
bloomberg.com/news/articles/2024-04-22/germany-arrests-three-suspected-of-spying-for-chinese-state
Chinese supermarket in Abuja shut for allegedly barring Nigerians: The consumer protection agency has summoned the owner in its investigation into racism ...
bbc.com/news/world-africa-68879687
USADA wants investigation into China swimming, welcomes WADA lawsuit: The head of the United States Anti-Doping Agency demanded on Monday an investigation into ...
reut.rs/44dRuDf
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
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/
Beijing half marathon: Organisers investigating controversial finish: Organisers of the Beijing half marathon will investigate allegations that three African ...
bbc.com/sport/athletics/68815592
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.
Chinese student gets US prison term for threatening pro-democracy activist: A Chinese music student was sentenced on Wednesday to nine months in a U.S ...
reuters.com/world/chinese-student-gets-us-prison-term-threatening-pro-democracy-activist-2024-04-24/
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/
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reut.rs/3UhTead
Beijing half marathon: Top three stripped of medals after investigation: The top three finishers of the Beijing half marathon are stripped of their medals after ...
bbc.com/sport/athletics/68853295
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
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Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
How Chinese firms are using Mexico as a backdoor to the US: Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
bbc.com/news/business-68825118
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
China's flying cars ready for liftoff with EV technology: GUANGZHOU -- XPeng, EHang and other Chinese companies are commercializing flying cars this year ...
asia.nikkei.com/Business/Transportation/China-s-flying-cars-ready-for-liftoff-with-EV-technology
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
Cases of suspected Chinese espionage in Europe: The arrest in Germany of a European Parliament aide on suspicion of "especially severe" espionage for China is ...
reuters.com/world/europe/cases-suspected-chinese-espionage-europe-2024-04-23/
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Europe Hits China With Medical Devices Probe Ahead of Xi’s Visit: The European Union launched an investigation into China’s procurement of medical devices ...
bloomberg.com/news/articles/2024-04-24/eu-opens-investigation-into-china-s-medical-device-procurement
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Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
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 ...
reut.rs/3JTSeEt
China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
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Quick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
Chinese hackers are constantly targeting critical infrastructure in the U.S., FBI Director says
qz.com/china-hacking-fbi-christopher-wray-panic-volt-typhoon-1851425289
Quick Glance: Cyber Threats from China Targeting US Critical Infrastructure
- According to FBI Director Christopher Wray, Chinese hackers are continuously seeking to infiltrate the computer systems of U.S. water treatment facilities and energy grids to induce panic.
- Wray claimed that the People’s Republic of China (PRC) has allocated significant resources to an offensive cyber program that surpasses those of all other major nations combined.
- Wray primarily focused on the China threat concerning critical infrastructure but was also questioned about TikTok, the social media platform facing potential banning in the U.S. if ByteDance does not comply.
- The FBI director emphasizes that the threat is not merely a long-term concern anymore but could materialize by 2027, as indicated by a recent assessment from the Office of the Director of National Intelligence suggesting a potential Chinese invasion of Taiwan before the decade ends.
BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
Mercedes-Benz to launch luxury electric van for Chinese market: Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN ...
reuters.com/business/autos-transportation/mercedes-benz-launch-luxury-electric-van-chinese-market-2024-04-25/
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
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
Philippines, US troops begin annual combat drills : Nearly 17,000 Filipino and American troops will begin a three-week joint combat training exercise in the ...
reuters.com/world/philippines-us-troops-begin-annual-combat-drills-2024-04-22/
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
Chinese flying taxi sector claims global lead thanks to regulatory support: Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast ...
ft.com/content/c181d6ab-e560-427c-9254-9cadb62889b5
Joe Biden calls for tripling of tariffs on Chinese steel: US also to probe Chinese shipbuilding as president’s re-election campaign fights for votes in ...
ft.com/content/bd60c55e-110c-454e-a9f6-be9233bcc2eb
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.
Chinese tourist falls off cliff while posing for photo on Indonesian volcano: Her tour guide said that he had warned her and her husband about the dangers on the ...
straitstimes.com/asia/se-asia/chinese-tourist-falls-off-cliff-while-posing-for-photo-on-indonesian-volcano
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/
As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
China Forces Apple to Delete WhatsApp, Threads, Signal From Chinese App Store: Apple removes a number of messaging apps from China's iOS App Store ...
uk.pcmag.com/social-media/151924/china-forces-apple-to-delete-whatsapp-threads-signal-from-chinese-app-store
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
US Senate passes bill to force TikTok divestment or ban: The U.S. Senate voted late Tuesday to send legislation to President Joe Biden that would require Chinese ...
reut.rs/3UvbZbd
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
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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Myanmar warlord at centre of battle for key border town: Armed soldiers loyal to a turncoat warlord patrol the streets of southeastern Myanmar's frontier town of ...
reuters.com/world/asia-pacific/myanmar-warlord-centre-battle-key-border-town-2024-04-25/
Germany spying: Three suspected Chinese agents arrested: The main suspect, named as Thomas R, is accused of spying for the Chinese Ministry of State Security.
bbc.com/news/world-europe-68873836
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/
Chinese half-marathon gold medalist stripped after African runners slowed: Video: Beijing's half-marathon gold medalist He Jie disqualified after three runners ...
businessinsider.com/chinese-half-marathon-gold-medalist-stripped-african-runners-slowed-video-2024-4
Japan launches anti-dumping probe into Chinese graphite electrodes for steelmaking
reuters.com/markets/asia/japan-launches-anti-dumping-probe-into-chinese-graphite-electrodes-steelmaking-2024-04-24/
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
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China’s Alternative Order: And What America Should Learn From It: And what America should learn from it.
foreignaffairs.com/china/chinas-alternative-order-xi-jinping-elizabeth-economy
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