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China’s Economic Targets Disappoint, Smog Returns: NPC Update: China set a modest economic growth target of around 5% for the year, with the nation’s top leaders ...
bloomberg.com/news/articles/2023-03-06/china-s-conservative-gdp-target-disorderly-capital-npc-update
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China’s Economic Targets Disappoint, Smog Returns: NPC Update: China set a modest economic growth target of around 5% for the year, with the nation’s top leaders ...
bloomberg.com/news/articles/2023-03-06/china-s-conservative-gdp-target-disorderly-capital-npc-update
Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Chinese Central Bank Governor Downplays Yuan, Deflation Risks After GDP Surprise: China’s central bank governor Pan Gongsheng downplayed risks from deflation and ...
bloomberg.com/news/articles/2024-04-19/pboc-governor-downplays-yuan-deflation-risks-after-gdp-surprise
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
Foreign Investment in China Falls With Cloud Over Growth Outlook: Foreign investment into China slowed for a third straight month in March compared to the same ...
bloomberg.com/news/articles/2024-04-19/foreign-investment-in-china-falls-with-cloud-over-growth-outlook
Apple removes WhatsApp, Threads from China app store on government order: Apple removed Meta Platforms' WhatsApp and Threads from its App Store in China on ...
reut.rs/3JquYgY
Sanctions on Russian Metal Will Test the Limits of Its Epic Railroads: Moscow officials have turned east. Adapting the country’s vast logistics networks is ...
bloomberg.com/news/newsletters/2024-04-19/sanctions-on-russian-metal-will-test-the-limits-of-its-epic-railroads
Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering "moderate to severe" levels of subsidence ...
reuters.com/world/china/nearly-half-chinas-major-cities-are-sinking-researchers-say-2024-04-18/
China opens new air routes near Taiwanese islands: China's aviation regulator said on Friday it had opened new air routes to the Chinese cities of Xiamen and ...
reuters.com/world/asia-pacific/china-opens-new-air-routes-near-taiwanese-islands-2024-04-19/
China set to keep lending benchmark LPRs unchanged in April: China is widely expected to leave benchmark lending rates unchanged on Monday ...
reuters.com/world/china/china-set-keep-lending-benchmark-lprs-unchanged-april-2024-04-19/
China's steel sector has bigger worries than Biden tariff hike: U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly ...
reuters.com/markets/commodities/chinas-steel-sector-has-bigger-worries-than-biden-tariff-hike-2024-04-19/
UK mulls fresh controls on 'sensitive tech' after China cyber attack claim: Britain is exploring new curbs on China's access to "sensitive ...
thenextweb.com/news/uk-sensitive-tech-china-cyberespionage
Irish budget: Government ran €8.3bn surplus last year: The Irish government ran a budget surplus of €8.3bn (£7.1bn) last year.
bbc.com/news/articles/cv2dqll2nn0o
Modi Urges Strong Government Amid Global Unrest: India Votes: Each day, Bloomberg journalists take you across a selection of towns and cities as they gear up for ...
bloomberg.com/news/articles/2024-04-19/modi-urges-strong-government-amid-global-unrest-india-votes
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BASF boss Brudermüller: Germany is not out of the crisis, it is falling behind: Martin Brudermüller imagined his six years at the helm of the German chemical ...
nzz.ch/wirtschaft/basf-chef-brudermueller-2023-haben-wir-in-allen-maerkten-geld-verdient-ausser-in-deutschland-ld.1826608
UK Rejects EU Youth Mobility Scheme to Ease Travel for Young Adults: The UK government rejected the European Union’s proposal to negotiate a post-Brexit deal for ...
bloomberg.com/news/articles/2024-04-19/uk-rejects-eu-proposal-to-ease-travel-for-young-adults
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Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Apple deletes WhatsApp, Threads from China app store on orders from Beijing: Apple has removed WhatAapp and Threads from its app store in China ...
cnn.com/2024/04/19/tech/china-apple-whatspp-threads-removal-hnk-intl/
China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...
bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse
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Malaysia Economic Growth Accelerates, Signaling Recovery in 2024: Malaysia’s economy quickened by the most in a year, signaling that firmer recovery is underway ...
bloomberg.com/news/articles/2024-04-19/malaysia-s-growth-accelerates-signaling-recovery-in-2024
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War in the Middle East: Iran exports more oil than it has for a long time: The exchange of blows between Israel and Iran is causing heated discussions. However ...
nzz.ch/wirtschaft/konflikt-im-nahen-osten-iran-exportiert-trotz-sanktionen-so-viel-erdoel-wie-schon-lange-nicht-mehr-ld.1827130
China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
China ordered Apple to take WhatsApp, Telegram, and other messaging apps off the iPhone
qz.com/china-apple-remove-whatsapp-telegram-signal-threads-1851421453
Foreign policy of the traffic light government: Germany is only a lightweight: The Chancellor in China, the Foreign Minister in the Middle East: The government ...
spiegel.de/politik/deutschland/aussenpolitik-der-ampel-koalition-deutschland-ist-nur-ein-leichtgewicht-a-9bade0f8-5456-4538-b974-8635f3dda171
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US complains China hurts shipbuilding, steel firms: The Biden administration unveiled new measures to protect the US shipbuilding and steel industries from being ...
asiatimes.com/2024/04/us-complains-china-hurts-shipbuilding-steel-firms/
IMF tells Asian central banks not to follow Fed too closely: The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation ...
reuters.com/markets/imf-tells-asian-central-banks-not-follow-fed-too-closely-2024-04-18/
Oil Supertankers Headed for China Jump to the Highest in a Year: Supertankers hauling crude oil to China surged to the highest in almost a year.
bloomberg.com/news/articles/2024-04-19/oil-supertankers-headed-for-china-jump-to-the-highest-in-a-year
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China foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...
reuters.com/world/china-foreign-ministry-welcomes-blinkens-visit-china-tensions-simmer-2024-04-18/
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks beyond China
cnn.com/2024/04/18/tech/apple-vietnam-supply-chain-china/
China’s better economic growth hides reasons to worry: The country’s leaders are too complacent about deflation
economist.com/finance-and-economics/2024/04/16/chinas-better-economic-growth-hides-reasons-to-worry
Battle for supremacy in East Asia semiconductor manufacturing: From Taiwan to Kumamoto prefecture in Japan, the South Korean city of Pyeongtaek ...
channelnewsasia.com/business/east-asia-semiconductor-chips-manufacturing-dram-taiwan-korea-japan-china-supremacy-battle-4277751
Supply Chain Latest: Resilience of US Economy: The US economy seems to be weathering the recent spate of supply disruptions with few signs that worrisome ...
bloomberg.com/news/newsletters/2024-04-18/supply-chain-latest-resilience-of-us-economy
Chinese spies target Dutch industries to strengthen military, intelligence agency says
reuters.com/world/china/chinese-spies-target-dutch-industries-strengthen-military-intelligence-agency-2024-04-18/
“They are cheating”: US President Biden wants to increase tariffs on Chinese steel
spiegel.de/wirtschaft/unternehmen/dumpingvorwuerfe-an-china-us-praesident-joe-biden-will-zoelle-auf-stahl-erhoehen-a-19a45d4c-627a-453c-9413-ec63e1d619d2
Biden Calls China ‘Xenophobic,’ Ramping Up Campaign Rhetoric: The remarks were among the most pointed rebukes Biden has delivered of the world’s second-largest ...
time.com/6968357/biden-china-xenophobia-2024-campaign/
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.
As India’s smallest state votes, a broken hydro plant takes centerstage: Sikkim’s hydropower dream of huge revenues has turned into a nightmare due to ...
aljazeera.com/economy/2024/4/18/a-flash-flood-and-a-quiet-sale-highlight-indias-sikkims-hydro-problems
Bridgewater Adds China Stocks, Bonds After 6.4% Gain This Year: Bridgewater Associates’ onshore China hedge fund is adding exposure to local stocks and bonds ...
bloomberg.com/news/articles/2024-04-19/bridgewater-adds-china-stocks-bonds-after-6-4-gain-this-year
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The West says China makes too much. Its workers disagree: Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its ...
bbc.com/news/world-asia-china-68838219
ABB shares hit record high after Swiss engineering group's confident start to 2024
reuters.com/markets/europe/abb-beats-forecasts-with-first-quarter-earnings-2024-04-18/
China's fiscal stimulus is losing its effectiveness, S&P says: China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for ...
cnbc.com/2024/04/19/chinas-fiscal-stimulus-is-losing-its-effectiveness-sp-says.html
Solomon Islands election count underway, China critic Suidani regains seat: Daniel Suidani, a prominent Solomon Islands critic of China who was former Malaita ...
reuters.com/world/china/solomon-islands-election-count-underway-china-critic-suidani-regains-seat-2024-04-18/
Schindler reaffirms 2024 sales target, but warns of weakness in China: Lift and escalator maker Schindler reiterated its full-year revenue guidance for low ...
reuters.com/business/schindler-posts-q1-order-intake-slightly-above-expectations-2024-04-18/
China is moving towards full monetary independence: The country needs to inflate away its high debt burden
ft.com/content/9f400538-645f-4c80-b206-0de6c51dc75f
Chinese chip ban hits tech giants: Intel and AMD shares plummet: China bans US chips from Intel and AMD from 2027, a major blow to the chip giants.
boerse-online.de/nachrichten/geld-und-vorsorge/chinesischer-chip-bann-trifft-tech-riesen-aktien-von-intel-und-amd-auf-talfahrt-20355621.html
China's c.bank warns against 'one-sided' pursuit of credit expansion: China's central bank cautioned on Thursday against a "one-sided" pursuit of credit ...
reuters.com/world/china/chinas-cbank-warns-against-one-sided-pursuit-credit-expansion-2024-04-18/
EU leaders to hear shake-up needed to match global rivals: European Union leaders will hear on Thursday how the bloc could act to catch up to the United States ...
reuters.com/technology/eu-leaders-hear-shake-up-needed-match-global-rivals-2024-04-18/
China mother and son, 27, jailed for kidnap of stranger girl, 11, they wanted as ‘perfect’ wife after child’s family rejected advances
scmp.com/news/people-culture/gender-diversity/article/3258232/china-mother-and-son-27-jailed-kidnap-stranger-girl-11-they-wanted-perfect-wife-after-childs-family
Possible TikTok ban revived as part of House foreign aid package : Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a ...
apnews.com/article/congress-tiktok-ban-ukraine-israel-d88d4623d678ac8688bcd75008457899
Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
US and China’s mounting debts could hurt us all: Rising government debt and deficits in the world’s two largest economies could have spillover effects on the ...
smh.com.au/business/the-economy/us-and-china-s-mounting-debts-could-hurt-us-all-20240418-p5fkqq.html
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
The Hot Peace Between China and India: Despite flashes of actual conflict along their border, and New Delhi’s increased outreach to the West ...
thediplomat.com/2024/04/the-hot-peace-between-china-and-india/
Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Wind power expansion in the “climate laboratory”: "China could press a button and Germany would be dark"
n-tv.de/wirtschaft/Windkraftausbau-im-Klima-Labor-China-koennte-auf-einen-Knopf-druecken-und-in-Deutschland-waere-es-dunkel-article24882411.html
Princess Diana's dresses currently on display in Hong Kong ahead of auction: Shoulder-padded, daffodil yellow and accented with gleaming gold buttons – a very ...
thestar.com.my/lifestyle/style/2024/04/19/princess-diana039s-dresses-currently-on-display-in-hong-kong-ahead-of-auction
Apple pulls social media giant Meta’s WhatsApp and Threads services from China App Store amid country’s tightened internet regulation
scmp.com/tech/big-tech/article/3259631/apple-pulls-social-media-giant-metas-whatsapp-and-threads-services-china-app-store-amid-countrys
China's frugal Gen Z: In Nikkei Asia News Roundup's latest episode, Jada Nagumo and Brian Chapman have a discussion on how China's frugal Generation Z ...
asia.nikkei.com/Spotlight/Podcast/Podcast-News-Roundup/China-s-frugal-Gen-Z
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Apple pulls WhatsApp and Threads from App Store on Beijing's orders: Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app ...
apnews.com/article/china-apple-app-store-whatsapp-threads-c93227644ea310c1179071cdf14ec05d
China expels teacher for pushing for students to use Tibetan language: Authorities interrogated him several times before suspending his teaching license.
rfa.org/english/news/tibet/teacher-expelled-04172024160617.html
China warns west of ‘survival of the fittest’ as manufacturing boosts economy: Trading partners fear factory boom could trigger supply shock after first-quarter ...
ft.com/content/053c6bff-57d4-4661-9813-65714ac37b1c
Germany’s doomed China strategy: The corporatist spell must soon break
ft.com/content/2ff22d32-390a-4126-865f-7365178a0d6c
IMF Says US, China Debt Pose Risks for Global Public Finances: The world’s two great economic rivals, China and the US, will drive much of the increase in global ...
dailymaverick.co.za/article/2024-04-17-imf-says-us-china-debt-pose-risks-for-global-public-finances/
Biden sells blue-collar workers the American Dream of a failing China: In some of his harshest comments ever made about China, Biden called the country ...
businessinsider.com/biden-sells-blue-collar-workers-american-dream-failing-china-steel-2024-4
Apple pulls WhatsApp, Threads from China app store after Beijing order: Apple said on Friday (April 19) it had removed Meta Platforms' WhatsApp and Threads ...
asiaone.com/digital/apple-pulls-whatsapp-threads-china-app-store-after-beijing-order
"Expand or die": China's solar companies now also want Western state aid: China is flooding the world with cheap, heavily subsidized solar modules ...
n-tv.de/wirtschaft/Chinas-Solarfirmen-wollen-jetzt-auch-westliche-Staatshilfen-article24873356.html
Act fast or fall behind China, US for good, EU leaders told | kuwaittimes: Act fast or fall behind China, US for good, EU leaders told - Business - BRUSSELS: ...
kuwaittimes.com/article/13268/business/act-fast-or-fall-behind-china-us-for-good-eu-leaders-told/
Apple Pulls Meta’s WhatsApp and Threads From App Store in China After Government Order
time.com/6968950/apple-whatsapp-threads-china-app-store-government-order/
A five-body problem in geopolitics: Subscribe now for access at a special price of only $99/year. A five-body problem in geopolitics: Jerusalem, Tehran ...
asiatimes.com/2024/04/a-five-body-problem-in-geopolitics/
Analyst who correctly predicted Apple’s stock drop reboots price target: Here's what could happen to Apple's shares next.
charlotteobserver.com/news/business/article287646040.html
VW in China: When will things pick up again in the most important market?: Whether Volkswagen can remain a world-class car manufacturer will be decided primarily ...
wiwo.de/unternehmen/auto/elektroautos-warum-vw-in-china-nicht-vom-fleck-kommt-und-xpeng-dabei-auch-kaum-hilft/29759820.html
This $362 billion ‘beyond well-positioned’ Dutch company is quietly winning the global AI chips race
fortune.com/2024/04/18/asml-semiconductor-ai-manufacturing-uev-lithography-chips-act-nvidia-tsmc-wafers/
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China slams U.S. probe into its shipbuilding industry, says move is a 'mistake on top of a mistake'
cnbc.com/2024/04/18/china-slams-us-probe-into-its-shipbuilding-industry-for-unfair-practices.html
Apple pulls WhatsApp, Threads and Signal from app store in China: Apple has removed several widely used communications platforms from its app store in China at ...
washingtonpost.com/technology/2024/04/19/apple-whatsapp-threads-china/
Stardew Valley's latest patch 'adds two inappropriate names to the list to exclude from the name generator' and I am dying to know what they are
pcgamer.com/life-sim/stardew-valley-164-update-patch-notes/
I spoke to an Nvidia AI NPC, and he mainly wanted to get me bladdered: Nvidia Avatar Cloud Engine (ACE) promises lifelike NPCs that dynamically respond to any ...
rockpapershotgun.com/i-spoke-to-an-nvidia-ai-npc-and-he-mainly-wanted-to-get-me-bladdered
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Ukraine, Israel aid bill on track as House pushes toward votes: The House has pushed a $95 billion national security aid package for Ukraine, Israel and other U ...
apnews.com/article/house-ukraine-speaker-johnson-mtg-68a810a998381dfd9f4c3c4e452b9f51
Quick Glance: Ukraine, Israel Aid Bill Advances in House
- The House has advanced a foreign aid package of $95 billion for Ukraine, Israel, Taiwan, and humanitarian support with rare bipartisan support.
- Speaker Mike Johnson implemented a strategy to secure support for wartime funding, especially for Ukraine in its battle against Russia.
- President Joe Biden and even Republican presumptive presidential nominee Donald Trump have endorsed the speaker's efforts.
- To pass each bill, complex bipartisan coalitions need to be formed by Johnson due to his slim Republican majority in the House, relying on Democratic support.
Prince Harry confirms he is now a US resident: Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is ...
apnews.com/article/prince-harry-us-resident-meghan-5bad226e20fede037b5ce836cb1e6a60
Xi Jinping tightens grip on China’s military with new information warfare unit : Beijing launches restructuring of armed forces as it challenges US dominance in ...
ft.com/content/5584feb4-0e58-4b6c-8140-f9c6e8e3ba5e
Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
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.
U.S., China to Cooperate in the Fight Against Dirty Money: The U.S. and Chinese governments have started working together to fight money laundering in their ...
wsj.com/articles/u-s-china-to-cooperate-in-the-fight-against-dirty-money-1edb9a25
Quick Glance: U.S., China Collaborate Against Money Laundering
- The U.S. and Chinese governments are working together to combat money laundering in their financial systems.
- A new agreement allows officials from both countries to meet regularly and share information on enforcement actions.
- The goal is to close financial system loopholes by sharing best practices.
- The agreement was established during the visit of U.S. Treasury Secretary Janet Yellen to China.
Kenya helicopter crash kills country's military chief: A military helicopter carrying senior military officers crashed and caught fire, killing ten people.
bbc.com/news/world-africa-68846778
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