Thanks to family and friends, Chinese are the happiest people in the world, global satisfaction survey finds
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| Last Updated | Mar 21 23 |
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Chinese villagers downplay help for Malay travellers in Perak: PETALING JAYA: To the Malay travellers who got a smoother ride home to Kuala Lumpur after their ...
thestar.com.my/news/nation/2024/04/18/chinese-villagers-downplay-help-for-malay-travellers-in-perak
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 EV makers won’t get subsidies from Mexico after US pressure: Mexico has offered generous incentives for automakers in the past.
arstechnica.com/cars/2024/04/chinese-ev-makers-wont-get-subsidies-from-mexico-after-us-pressure/
Quick Glance: Mexico Ends Incentives for Chinese Electric Vehicle Manufacturers
- Under US pressure, Mexico discontinues incentives for Chinese car manufacturers.
- US pressure compels Mexico to avoid Chinese automakers.
- Mexico caught in the middle of car wars between the US and China.
- US pressure leads to Mexico ceasing incentives for Chinese electric vehicles.
US Congress moves ahead on bill to push TikTok's Chinese owner to sell: An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or ...
reuters.com/world/us/us-congress-moves-ahead-bill-push-tiktoks-chinese-owner-sell-2024-04-18/
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
China’s Youth Unemployment Level Remains Steady in March: China reported a steady rate of youth unemployment in March after an official warned that joblessness ...
bloomberg.com/news/articles/2024-04-18/china-s-youth-unemployment-level-remains-steady-in-march
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Philippines says decision to strengthen ties with Japan, US a 'sovereign choice': The Philippines' decision to ramp up ties with Japan and the United States is a ...
reuters.com/world/philippines-says-decision-strengthen-ties-with-japan-us-sovereign-choice-2024-04-18/
Chinese researchers use low-cost Nvidia chip for hypersonic weapon —unrestricted Nvidia Jetson TX2i powers guidance system
tomshardware.com/tech-industry/artificial-intelligence/chinese-researchers-install-low-cost-unrestricted-nvidia-jetson-tx2i-into-hypersonic-weapon
Scary: Dongfeng M-Hero 1 electric car in the driving report: The electric car from Dongfeng appears less heroic than frightening. The 3.9-ton truck with 142 kWh ...
heise.de/tests/Elektro-Gelaendeauto-Dongfeng-M-Hero-1-mit-142-kWh-im-Fahrbericht-9683400.html
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/
Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reut.rs/3U5JYFO
TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates
nytimes.com/2024/04/17/technology/tiktok-ban-ukraine-israel-aid.html
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.
Margin Call Cited for Mysterious 99% Crash in China Cement Maker: China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin ...
bloomberg.com/news/articles/2024-04-18/margin-call-cited-for-mystery-stock-crash-in-china-cement-maker
Paid articlePaid Australia increases defence spending by $32bn in response to China build-up: Labor government commits to spending rises to pay for Aukus and long-range missile ...
ft.com/content/a5ba1e78-92e7-4cd5-9bad-327e4358b1b4
IMF chief says productivity, Chinese consumer spending key to boosting global growth
reuters.com/markets/imf-chief-says-productivity-chinese-consumer-spending-key-boosting-global-growth-2024-04-18/
Biden calls for tripling tariffs on Chinese metals: It is the latest protectionist policy to be embraced by the White House in an election year.
bbc.com/news/business-68838063
Viral Finish, Cheating Rumors at Beijing Half Marathon Make ‘Mockery’ of Chinese Running
time.com/6967306/beijing-half-marathon-cheating-investigation-he-running-pacers/
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.
China's Huawei to start selling Pura 70 smartphones: Chinese technology conglomerate Huawei (HWT.UL) said it would start selling Pura 70 ultra and Pura 70 Pro ...
reut.rs/49Pj1wc
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
Chinese foreign minister criticizes US role in Gaza talks during visit to Indonesia
apnews.com/article/china-indonesia-wang-yi-marsudi-gaza-3d248aca60a471bbb4990e61ceb4967e
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 foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...
reut.rs/442k5LQ
US trade chief calls for 'decisive' action to shield EV sector from China: The U.S. must take "decisive" action to protect electric vehicles (EVs) from ...
reuters.com/business/autos-transportation/ustr-tai-calls-decisive-action-shield-ev-sector-china-2024-04-17/
Reciprocal Access: How to Deal with TikTok and Other Chinese Apps Fairly and Democratically
buff.ly/3JpV83a
Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reuters.com/world/asia-pacific/japan-two-faced-seeking-closer-ties-while-warning-china-threat-chinese-state-2024-04-18/
Biden to call for higher tariffs on Chinese metals in Pittsburgh
reuters.com/world/us/biden-call-higher-tariffs-chinese-metals-steel-city-pittsburgh-2024-04-17/
Huawei unveils new phone lineup to ramp up the pressure on Apple: Huawei Technologies Co released its latest series of smartphones on April 18 ...
thestar.com.my/tech/tech-news/2024/04/18/huawei-unveils-new-phone-lineup-to-ramp-up-the-pressure-on-apple
Woman in Brazil wheels corpse into bank to take out loan in dead man’s name: A woman brought a 68-year-old man in a wheelchair into a bank branch and tried to ...
scmp.com/news/world/americas/article/3259462/woman-brazil-wheels-corpse-bank-take-out-loan-dead-mans-name
Paid articlePaid
US navy flies aircraft through the Taiwan Strait a day after US-China defense chiefs hold rare talks
apnews.com/article/us-china-taiwan-strait-flight-ea835c8b35b63a50b5354a5dc9280116
Solomon Islands election puts China’s Pacific influence in spotlight: Incumbent Manasseh Sogavare’s development and security pact with Beijing has stoked western ...
ft.com/content/4367905e-d580-4174-a31e-26e72dcd4080
Was 2019 Beijing Half Marathon also fixed? Video raises questions, sparks doubt over every result, China sports expert says
scmp.com/sport/china/article/3259368/was-2019-beijing-half-marathon-also-fixed-video-raises-questions-sparks-doubt-over-every-result-says
Taiwanese film studio snaps up Chinese surveillance camera specialist Dahua: Stymied by sanctions, it had to go … but where?
theregister.com/2024/04/18/taiwanese_company_buys_dahua/
Exclusive | Wall Street Steered Billions to Blacklisted Chinese Companies, House Probe Finds
wsj.com/politics/national-security/wall-street-steered-billions-to-blacklisted-chinese-companies-house-probe-finds-1b5a1d3c
Xi Rebuffs Scholz Pressure to Rein In Chinese Manufacturing: Chinese leader Xi Jinping told the German chancellor that a surge in clean-technology exports from ...
bloomberg.com/news/articles/2024-04-16/scholz-says-he-ll-raise-trade-rules-ukraine-as-xi-talks-start
Paid articlePaidQuick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...
reuters.com/technology/asml-reports-q1-earnings-13-billion-worse-than-expected-new-bookings-2024-04-17/
Huawei releases revamped, renamed Pura 70 flagship smartphone: TAIPEI -- Huawei Technologies began selling its latest premium smartphones in China on Thursday -- ...
asia.nikkei.com/Business/Technology/Huawei-releases-revamped-renamed-Pura-70-flagship-smartphone
Paid articlePaid IMF moves to blunt Chinese debt deal delays with lending policy change: The International Monetary Fund's executive board has backed a key change to give it more ...
reuters.com/world/imf-board-backs-key-change-lending-into-official-arrears-policy-2024-04-17/
Apple loses smartphone crown to Samsung as Chinese rivals gain ground: iPhone sales fall 10 per cent in first quarter of 2024 while groups including Xiaomi and ...
ft.com/content/2c13254b-9995-4408-b02b-6f07ce706b8e
Quick Glance: Samsung Takes Smartphone Crown from Apple
- Apple loses top position in the global smartphone market to Samsung as Chinese competitors gain traction.
- Samsung regains its status as the world's largest smartphone manufacturer in the first quarter of 2024, just three months after Apple claimed the top spot.
- The market's strongest growth comes from two Chinese manufacturers, while Apple continues to face challenges in the world's largest smartphone market.
- Despite an overall increase in global smartphone shipments, Apple experiences a decline in iPhone sales in China and misses out on much of the broader industry recovery.
L’Oreal Bounces Back as Europe, North America Offset Weak China: L’Oreal SA reported better-than-expected first-quarter sales as strength in Europe and North ...
bloomberg.com/news/articles/2024-04-18/l-oreal-bounces-back-as-europe-north-america-offset-weak-china
Japan Inc makes a renewed U.S. push as China fears mount: Japanese companies are increasingly hitching their growth plans to the United States ...
reut.rs/3W1uhlO
Chinese workers need more skills for the country's economic pivot: Wei Li is a senior lecturer in international business at the University of Sydney Business ...
asia.nikkei.com/Opinion/Chinese-workers-need-more-skills-for-the-country-s-economic-pivot
Paid articlePaid A US Navy patrol aircraft flew through the sensitive Taiwan Strait on Wednesday, just hours after a conversation between the Chinese and US defense chiefs ...
reut.rs/3vTywoS
China steelmakers show overcapacity strain as U.S. battens import hatches: HONG KONG -- Chinese steelmakers are being weighed down by overcapacity and are ...
asia.nikkei.com/Business/Materials/China-steelmakers-show-overcapacity-strain-as-U.S.-battens-import-hatches
At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage': Wu Huazhan's Chinese television factory used to impose minimum orders to manage ...
reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/
China, US should find ways for pragmatic military relations, Chinese defence minister says
reut.rs/3TVFth4
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
China joins Russia in recognizing Iran's claim of attack as 'self-defense': Chinese Foreign Minister Wang Yi speaks to his Iranian and Saudi counterparts ...
i24news.tv/en/news/international/asia-pacific/artc-china-joins-russia-in-recognizing-iran-s-claim-of-attack-as-self-defense
TikTok ban bill put on faster track through US Congress: Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned ...
ft.com/content/c980675b-65a4-4f64-ba5a-dd87fef4f39a
NATO’s Stoltenberg asks allies to give air defense systems to Ukraine: The call comes as Germany plans an ‘Immediate Action on Air Defence’ initiative to ...
politico.eu/article/nato-secretary-general-jens-stoltenberg-asks-allies-give-air-defense-systems-ukraine-russia-attacks/
Quick Glance: NATO Urges Allies to Provide Air Defense Systems to Ukraine
- Beijing is informed by China's president that it is not considered a security threat, as conveyed to the German chancellor.
- Zelenskyy and his followers advocate for equal treatment: What is feasible for Israel should also apply to Ukraine.
- The recent investigation by Brussels into Chinese wind turbines coincides with the increasing dominance of Beijing in the global market for solar panels.
- An examination will be conducted into the impact of Chinese state subsidies on wind turbine operations in Spain, Greece, France, Romania, and Bulgaria.
‘Glad to help, we just wanted them to return home safely', say Ladang Bikam villagers
thestar.com.my/news/nation/2024/04/17/glad-to-help-we-just-wanted-them-to-return-home-safely039-say-ladang-bikam-villagers
US-Japan-Philippines trilateral gives Manila a fighting chance: In an unprecedented move with big regional implications, US President Joe Biden hosted a ...
asiatimes.com/2024/04/us-japan-philippines-trilateral-gives-manila-a-fighting-chance/
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
US defense chief speaks with Chinese counterpart, Pentagon says
reuters.com/world/us/us-defense-chief-speaks-with-chinese-counterpart-pentagon-says-2024-04-16/
Biden to call for tripling tariffs on Chinese steel: WASHINGTON -- President Joe Biden will instruct U.S. Trade Representative Katherine Tai to consider ...
asia.nikkei.com/Economy/Trade/Biden-to-call-for-tripling-tariffs-on-Chinese-steel
Paid articlePaidQuick Glance: Biden vows to keep U.S. Steel in American hands
- President Joe Biden emphasized in a speech in Pittsburgh his commitment to keeping U.S. Steel in American hands and cracking down on unfair Chinese trade practices while lauding his successes in creating jobs and expanding manufacturing in the U.S.
- The United Steelworkers recently endorsed the president for re-election, and Biden has sided with the union in opposing the sale of U.S. Steel to Japanese company Nippon Steel Corp.
- The president announced plans to triple the existing tariffs on Chinese steel and aluminum to ensure fair competition for American workers, while speaking out against China's unfair trade practices.
- Despite a growing economy, perceptions of the economy remain Biden's major weakness, as critics question his policies and opponents highlight ongoing economic challenges.
Australia’s ‘iron lady’ builds rare-earth stake in push to secure non-Chinese supply
ft.com/content/5a666f53-b180-45e5-8476-58690db69fed
China: Internet amused by 'sanitary pad' building design: The blueprint of North Nanjing train station has attracted reaction for all the wrong reasons.
bbc.com/news/articles/c136n018jkeo
US and China defence ministers in first significant contact since 2022: Pentagon says Lloyd Austin stressed importance of freedom of navigation in call with Dong ...
ft.com/content/f52fd4de-6490-47a9-bd54-30bf6354b9c2
Chinese warships at Cambodian base for months, CSIS analysis shows: SYDNEY -- Two Chinese warships have been present at Cambodia's Ream Naval Base for much ...
asia.nikkei.com/Politics/International-relations/Chinese-warships-at-Cambodian-base-for-months-CSIS-analysis-shows
Paid articlePaid Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
More university graduates in China turning to smaller cities for employment: Report
channelnewsasia.com/asia/china-university-graduates-smaller-cities-employment-wages-shanghai-beijing-4275211
Ricciardo says new RB F1 chassis brings "peace of mind": Daniel Ricciardo says his new RB chassis for the Chinese Grand Prix brings "peace of mind" and ...
motorsport.com/f1/news/ricciardo-says-new-rb-f1-chassis-brings-peace-of-mind/10599977/
Chinese city Zhengzhou tells state-owned company to buy second-hand homes to reduce new housing inventories
reut.rs/4cWlpUy
Tokyo Electron expected to see profit rebound on AI demand: TOKYO -- Japanese manufacturers of chipmaking equipment such as Tokyo Electron are attracting analyst ...
asia.nikkei.com/Business/Tech/Semiconductors/Tokyo-Electron-expected-to-see-profit-rebound-on-AI-demand
Paid articlePaid
How China’s demand for donkey hide is devastating African communities: A visual explanation of China's rising appetite for donkey-hide-based “e-jiao” products ...
reuters.com/graphics/AFRICA-CHINA/DONKEYS/xmpjrdgbxpr/
Philippines says it won't give US access to more local military bases: The Philippine president says his administration has no plan to give the U.S ...
apnews.com/article/philippines-us-military-china-marcos-a89fc14bdef820b83d4a18adb557b487
Quick Glance: Philippines Rejects US Access to More Military Bases
- President Ferdinand Marcos Jr. allowed US access to four more Philippine military bases, bringing the total to nine.
- The Biden administration is strengthening alliances in the region to counter China, aligning with Philippine efforts to enhance external defense.
- Marcos emphasizes that the presence of US troops is in response to China's aggressive actions in the South China Sea.
- China accuses the Philippines of providing the US with bases that could undermine its security.
China's cycle of dollar hoarding and weakening yuan gets vicious: Chinese businesses are hoarding dollars because they expect their own currency to weaken ...
reut.rs/44h7QeB
US, China defence chiefs hold first talks in nearly 18 months: WASHINGTON: US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via ...
channelnewsasia.com/world/us-china-defence-chiefs-first-talks-18-months-south-china-sea-taiwan-4269751
Xiaomi says sales of its electric car 3-5 times higher than expected: Thursday marked the beginning of deliveries of SU7's standard version in Beijing ...
gulfnews.com/business/retail/xiaomi-says-sales-of-its-electric-car-3-5-times-higher-than-expected-1.1713439799770
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
Why it’s China’s turn now: In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed ...
asiatimes.com/2024/04/why-its-chinas-turn-now/
South Korean retailer CJ Olive Young offers real-time translators for foreign visitors
straitstimes.com/asia/east-asia/south-korea-s-cj-olive-young-offers-real-time-translators-for-foreign-visitors
Biden’s polite Trumpism on China: Communication matters precisely because the structural problem between the pair is probably insoluble
ft.com/content/da53d88b-1630-4b59-a2c6-11a848fb8d05
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