‘Artificial shortage’ of natural gas leaves Chinese shivering in brutal cold:
scmp.com/economy/china-economy/article/3208239/chinese-shiver-artificial-shortage-natural-gas-forces-them-find-other-ways-heat-homes
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| Last Updated | Jan 27 23 |
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China Is Winning the Fight for South China Sea Energy: Big Take
bloomberg.com/news/newsletters/2024-04-24/china-is-winning-the-fight-for-south-china-sea-energy-big-take
Russia Forecasts Lower Price for Its Gas to China Versus Europe: Russia’s focus on boosting natural gas exports to China is proving less lucrative for the nation ...
bloomberg.com/news/articles/2024-04-23/russia-forecasts-lower-price-for-its-gas-to-china-versus-europe
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Fossil fuel giant Norway pitches itself as Europe’s ideal green partner: The Nordic nation still has a long way to go to leave behind its history as Europe’s ...
politico.eu/article/fossil-fuel-giant-norway-pitch-europe-ideal-green-partner/
Bloomberg: Russia to supply China with cheaper gas compared to European market at least through 2027
kyivindependent.com/bloomberg-russia-to-supply-china-with-28-cheaper-gas-compared-to-european-market-at-least-through-2027/
ExxonMobil Boosts Rovuma LNG Elevates Mozambique's Key: ExxonMobil, along with industry leaders Eni and CNPC, is propelling forward the Rovuma LNG project ...
riotimesonline.com/exxonmobil-boosts-rovuma-lng-elevates-mozambiques-key-export-role/
Spy for China? Employee of AfD top candidate Krah arrested: Another Chinese spy has apparently been arrested in Germany. It is said to be an employee of ...
t-online.de/nachrichten/deutschland/id_100391736/spion-fuer-china-mitarbeiter-von-afd-spitzenkandidat-krah-festgenommen.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.
TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
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.
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
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.
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 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
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
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/
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
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
Blinken meets Chinese counterpart Wang Yi in Beijing: U.S. Secretary of State Antony Blinken met Chinese Foreign Minister Wang Yi in Beijing on Friday for talks ...
reut.rs/3UwLL8r
Hacker attacks: What China can use stolen data for: China collects personal information on Americans and other foreigners. This data on millions of people helps ...
nzz.ch/technologie/china-hacker-datenleak-wozu-china-die-vielen-gestohlenen-daten-verwenden-koennte-ld.1825055
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
China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands
bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands
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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
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/
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.
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
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
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
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
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.
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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TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
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.
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/
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
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/
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/
Von Notz in the Bundestag: "AfD is a shame for our country": Fierce exchange of blows in the Bundestag: The Greens are attacking the AfD head-on because of ...
zdf.de/nachrichten/politik/deutschland/afd-russland-china-spionage-bundestag-100.html
Quick Glance: AfD and Espionage: Intense Debate in Bundestag
- The Greens criticize the AfD for contacts with Russia and China.
- Von Notz calls the AfD a disgrace and anti-democratic.
- Faeser warns of espionage and criticizes the AfD objectively.
- Employee of AfD's lead candidate Krah arrested for espionage.
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
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
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.
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
Paid articlePaidQuick 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.
Agency bars Chinese telecom carriers from offering US broadband services: The Federal Communications Commission said on Thursday it is ordering the U.S ...
reuters.com/business/media-telecom/agency-bars-chinese-telecom-carriers-offering-us-broadband-services-2024-04-25/
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/
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/
Beijing half marathon winners stripped of medals after African trio let Chinese runner win
cnn.com/2024/04/19/china/china-beijing-half-marathon-winners-revoked-intl-hnk/
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.
Strong electric car sales expected for 2024, but charging grid needs work: International Energy Agency points out obvious: Infrastructure needs to meet demand
theregister.com/2024/04/24/iea_reports_strong_electric_car_demand/
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.
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 Blinken says genocide in Xinjiang is ongoing in report ahead of China visit: Beijing is continuing to commit genocide and crimes against humanity against Uyghurs ...
reuters.com/world/blinken-says-genocide-xinjiang-is-ongoing-report-ahead-china-visit-2024-04-22/
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
Better US-China ties but still deep disagreements as Blinken starts visit: U.S. Secretary of State Antony Blinken arrives in Shanghai on Wednesday with U.S ...
reuters.com/world/better-us-china-ties-still-deep-disagreements-blinken-starts-visit-2024-04-24/
Reuters World News: Blinken in China, Trump immunity, Haiti violence and Russian censors
reut.rs/3vZMHJ7
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 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 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
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reut.rs/3UhTead
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/
Explainer: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once again ...
reut.rs/3JB7DcA
Krah's work and Höcke's contribution: And suddenly the AfD leadership has a problem
n-tv.de/politik/Und-ploetzlich-hat-die-AfD-Fuehrung-ein-Problem-article24897494.html
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/
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/
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
New EPA rules would force some plants to capture emissions, shut down: Environmental Protection Agency Administrator Michael Regan says new rules that would ...
apnews.com/article/power-plants-coal-natural-gas-biden-epa-5c96ca146e7f70b47806beb4bc3713e6
Quick Glance: New EPA Rules Target Emissions Reduction at Power Plants
- The Biden administration aims to compel coal-fired power plants to capture smokestack emissions or close down.
- The rules target limiting greenhouse gas emissions from fossil fuel power plants and reducing toxic pollutants from coal-fired plants.
- The plan includes measures to reduce carbon dioxide emissions, toxic wastewater pollutants, and safely manage coal ash.
- The actions are expected to face opposition from industry groups and Republican-leaning states, while environmental groups see it as a crucial step in combating climate change.
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/
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/
Deterring China one big reason US aiding Ukraine: The Senate overwhelmingly approved a US$95.3 billion foreign aid funding package for Ukraine ...
asiatimes.com/2024/04/deterring-china-one-big-reason-us-aiding-ukraine/
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.
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/
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
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 Defense Companies Are Luring Germany’s Struggling Autoworkers
bloomberg.com/news/articles/2024-04-20/defense-companies-are-luring-germany-s-struggling-autoworkers
Paid articlePaid China's Fake-Fashion Retailers Thrive on TikTok, Reddit, Discord: Eager buyers of Pandabuy’s questionable luxury goods declare they’re done ...
bloomberg.com/news/articles/2024-04-23/china-s-fake-fashion-retailers-thrive-on-tiktok-reddit-discord
Paid articlePaid 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
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/
Chinese cognac sales drive Remy Cointreau to Q4 sales beat: Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday ...
reuters.com/business/retail-consumer/remy-cointreau-reports-better-than-expected-q4-sales-2024-04-26/
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 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.
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.
Cardboard coffins gaining ground among the eco-conscious: Unity Casket, the first parlour here to launch paper coffins, says it gets up to five orders for this a ...
straitstimes.com/singapore/cardboard-coffins-gaining-ground-among-the-eco-conscious
Singapore gives top-level briefings to reassure foreign banks on stability: City-state keen to bolster its image as a reliable financial centre at a time of ...
ft.com/content/cdea5463-3fd8-4642-94aa-d8ccd45c90b6
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
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/
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 Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
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
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 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
VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its job cuts with high severance payments. According to WirtschaftsWoche ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
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