Taiwan news - live: China launches 11 missiles as Taiwanese military says it is 'preparing for war' but not seeking it
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| Last Updated | Aug 04 22 |
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WATCH: White House holds news briefing as Nancy Pelosi concludes her Taiwan visit
pbs.org/newshour/politics/watch-live-white-house-holds-news-briefing-after-primaries-in-5-states
Consequences of Pelosi's visit to Taiwan: "Current events are a massive warning to the economy"
spiegel.de/wirtschaft/unternehmen/china-reagiert-auf-taiwan-besuch-von-nancy-pelosi-massive-warnung-an-die-wirtschaft-a-9b4ef019-3bb6-42c0-927a-ac03047dfeb8
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Taiwan news - live: China launches 11 missiles as Taiwanese military says it is 'preparing for war' but not seeking it
news.sky.com/story/taiwan-news-live-china-launches-two-missiles-as-taiwanese-military-says-it-is-preparing-for-war-but-not-seeking-it-12664644
WATCH: White House holds news briefing as Nancy Pelosi concludes her Taiwan visit
pbs.org/newshour/politics/watch-live-white-house-holds-news-briefing-after-primaries-in-5-states
Consequences of Pelosi's visit to Taiwan: "Current events are a massive warning to the economy"
spiegel.de/wirtschaft/unternehmen/china-reagiert-auf-taiwan-besuch-von-nancy-pelosi-massive-warnung-an-die-wirtschaft-a-9b4ef019-3bb6-42c0-927a-ac03047dfeb8
These stocks are poised for a comeback if inflation peaks, Jefferies says: Jefferies says a peak in inflation and earnings downgrades will favor one class of ...
cnbc.com/2022/08/03/stock-selection-on-peak-inflation-recession-earnings-cuts-jefferies.html
Paid articlePaid
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.
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.
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
Everything You Need to Know About the TikTok Ban: Your Questions Answered: President Biden signed a foreign aid bill that includes a ban on TikTok in the US ...
pcmag.com/news/everything-you-need-to-know-about-the-tiktok-ban-your-questions-answered
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.
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/
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: 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.
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
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.
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
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.
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
Bill that would potentially ban TikTok clears US Congress: The legislation would ban the social media app if it is unable to find a new owner in the next few ...
lemonde.fr/en/tiktok/article/2024/04/24/bill-that-would-potentially-ban-tiktok-clears-us-congress_6669379_70.html
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
Pelosi: Netanyahu an obstacle in two-state solution and should resign: Former Speaker Nancy Pelosi claimed Israeli Prime Minister Benjamin Netanyahu is an ...
thehill.com/homenews/house/4614869-pelosi-israel-netanyahu-should-resign/
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
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/
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/
China Industry Has Lowest Capacity Utilization Since Covid Hit: China’s factories used less of their potential in the first quarter than at any time since the ...
bloomberg.com/news/articles/2024-04-16/china-industry-has-lowest-capacity-utilization-since-covid-hit
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
Paid articlePaid 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/
EU Set to Launch China Probe on Medical Device Procurement: The European Union is set to launch an investigation into China’s procurement of medical devices ...
bloomberg.com/news/articles/2024-04-15/eu-is-set-to-launch-china-probe-on-medical-device-procurement
Paid articlePaid
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.
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/
German Leader Scholz Warns China Over Dumping, Overcapacity Echoing US: German Chancellor Olaf Scholz instructed Chinese officials to promote free trade and ...
bloomberg.com/news/articles/2024-04-15/german-leader-warns-china-over-dumping-overcapacity-echoing-us
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.
TikTok Ban: Biden's Campaign to Stay on TikTok for 2024 Election: President Joe Biden’s campaign says it will continue to use its account on TikTok even ...
bloomberg.com/news/articles/2024-04-24/biden-s-campaign-plans-to-stay-on-tiktok-despite-divestment-law
G-7 Warns China Against Aiding Russia in Its War Against Ukraine: Top diplomats from the Group of Seven countries leveled one of their strongest warnings yet ...
bloomberg.com/news/articles/2024-04-19/g-7-warns-china-against-aiding-russia-in-its-war-against-ukraine
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
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
China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
Paid articlePaid 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
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/
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
Paid articlePaid 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
Paid articlePaid Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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 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/
Pelosi memoir ‘The Art of Power’ planned for August release: A new memoir penned by former Speaker Nancy Pelosi (D-Calif.) will be available later this year ...
thehill.com/blogs/in-the-know/4602454-pelosi-memoir-the-art-of-power-planned-for-august-release/
EU Parliament approves ban of products made with forced labour: The European Parliament approved rules on Tuesday to ban in the EU the sale ...
reuters.com/world/europe/eu-parliament-approves-ban-products-made-with-forced-labour-2024-04-23/
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Pelosi, Clyburn back Jan. 6 officer for Congress: Dunn has heavily out-raised his opponents for a district in suburban Maryland.
axios.com/2024/04/19/nancy-pelosi-jan-6-harry-dunn-congress
Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink
reut.rs/4aPv2Tk
Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Xi Hosts Ex-Taiwan Leader in Beijing for Landmark Meeting: Chinese leader Xi Jinping met former Taiwan President Ma Ying-jeou in Beijing, a rare act of ...
bloomberg.com/news/articles/2024-04-10/china-s-xi-to-meet-ex-taiwan-leader-in-beijing-report-says
Quick Glance: Xi emphasizes historical trend of reunion with Taiwan
- Chinese President Xi Jinping met with former Taiwanese President Ma Ying-jeou and stated that outside influence cannot prevent the "family" reunion between Beijing and Taipei.
- Xi highlighted dialogue between the two sides, emphasizing that all issues can be discussed.
- Beijing sees the self-ruled island as a province that must be reunited with mainland China, not ruling out the use of force to assert its claims on Taiwan.
- Tensions across the Taiwan Strait are escalating, with Xi stressing that both sides are Chinese and that all issues can be discussed without separation.
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
Opinion | How ‘The Squad’ and Like-Minded Progressives Have Changed Their Party: The left’s position on Israel has now become the Democratic Party’s ...
nytimes.com/2024/04/23/opinion/progressives-democratic-party-aoc.html
Chinese Stocks Advance as Beijing Renews Regulatory Support: Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a ...
bloomberg.com/news/articles/2024-04-15/chinese-stocks-advance-as-beijing-renews-regulatory-support
Paid articlePaid 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
FBI opens criminal investigation into Baltimore bridge collapse, AP source says: The FBI is conducting a criminal investigation into the deadly collapse of ...
apnews.com/article/baltimore-bridge-collapse-fbi-investiagation-58188d524035c756872603055f309c78
Quick Glance: Investigation of Key Bridge Incident
- The FBI has initiated a criminal investigation focusing on the colossal container vessel that caused the collapse of the Francis Scott Key Bridge in Baltimore last month.
- Authorities are examining the sequence of events that led to the Dali, a 985-foot Singaporean ship, losing power as it departed from the Port of Baltimore and colliding with one of the bridge's support pillars.
- Federal agents appeared to have boarded the ship on Monday morning to conduct a search.
- President Biden and Maryland Governor Wes Moore (D) have expressed their commitment to hold accountable any entities potentially responsible for the bridge's destruction.
San Francisco mayor announces the city will receive pandas from China: San Francisco is the latest U.S. city preparing to receive a pair of pandas from China ...
apnews.com/article/china-san-francisco-zoo-pandas-2657e35111579b2a4cba8b5915a71bd1
Quick Glance: San Francisco to Receive Pandas from China
- San Francisco is set to be the next U.S. city to welcome a pair of pandas from China as part of the 'panda diplomacy' program between Washington and Beijing.
- Mayor London Breed announced that the San Francisco Zoo has been chosen to house the giant pandas.
- The city has been working closely with Chinese and Asian and Pacific Islander communities to strengthen the existing cultural connection.
- China Wildlife Conservation Association (CWCA) will collaborate with city officials to prepare for the pandas' arrival in 2025 and establish technical standards for their conservation.
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/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Indonesia Calls On China to Help Cool Middle East Tensions: Indonesia urged China to use its influence to prevent an escalation of tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-18/indonesia-sees-china-using-influence-to-cool-middle-east-tension
The Ukraine war is turning into a Sino-American proxy war: Xi Jinping to Olaf Scholz: All countries must have a place at the table, none should be on the menu ...
berliner-zeitung.de/politik-gesellschaft/geopolitik/ukraine-krieg-wird-zum-chinesisch-amerikanischen-stellvertreterkrieg-li.2207230
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
Paid articlePaid US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
Bloomberg: Blinken to warn Beijing over support for Russia in upcoming trip to China
kyivindependent.com/bloomberg-blinken-to-warn-beijing-over-support-for-russia-in-upcoming-trip-to-china/
US and Philippines launch Balikatan joint military drills in South China Sea: Annual exercises will include coast guard at forefront of recent clashes with ...
ft.com/content/fbbf8d67-0c67-4e3a-b590-15438bfc5202
Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
Scholz Arrives in China on a Mission to Dial Down Trade Tensions: German Chancellor Olaf Scholz will take a delicate message to China this week: Beijing has not ...
bloomberg.com/news/articles/2024-04-13/scholz-heads-to-china-on-a-mission-to-dial-down-trade-tensions
Paid articlePaid China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
Meloni Seeks China Reset After Italy Ditches Belt and Road Pact: Italian Prime Minister Giorgia Meloni is embarking on a charm offensive with Beijing as she ...
bloomberg.com/news/articles/2024-04-12/meloni-seeks-china-reset-after-italy-ditches-belt-and-road-pact
Paid articlePaid 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
China coastguard blocks Philippines vessels as maritime tension grows: Incident just days after Washington reiterated its security ties to Manila
ft.com/content/ad828ec4-d699-49a4-8751-b4cf0d44cf78
Where king dollar is causing pain the most: A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers ...
reut.rs/4b6jIC7
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
Chinese Buyers Cancel Corn Shipments as Beijing Supports Farmers: Chinese buyers are canceling corn shipments as they seek to comply with new government measures ...
bloomberg.com/news/articles/2024-04-11/chinese-buyers-cancel-corn-shipments-as-beijing-supports-farmers
Maldives election: Voting begins in parliamentary polls: Maldivians are voting in parliamentary elections, in a ballot crucial for President Mohamed Muizzu ...
apnews.com/article/maldives-parliament-election-india-china-7b4dad89b4c99fe564c02e2286564c24
Quick Glance: Pro-China Party Secures Overwhelming Victory in Maldives Election
- President Mohamed Muizzu's PNC party wins by a landslide in Sunday's election, gaining control of parliament with a supermajority.
- The PNC, with three additional seats from allies, secures 70 out of 93 seats, signaling a shift towards China from India.
- Official results confirmation is expected soon, with the new assembly set to take office in early May.
- The election serves as a pivotal moment for Muizzu's agenda of closer economic ties with China following his previous win in the presidential election.
US business group says policy ‘inconsistency’ hurting China investment: AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to ...
ft.com/content/849d5186-f955-43e5-90a5-e0968118fcce
This solar giant is moving manufacturing back to the US: Tariffs and IRA tax incentives are starting to reshape global supply chains—but vast challenges lie ...
technologyreview.com/2024/04/23/1091665/canadian-solar-ira-manufacturing-us/
Musk says Tesla's Full Self-Driving may enter China very soon: Tesla chief Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving ...
reuters.com/business/autos-transportation/musk-says-teslas-full-self-driving-may-enter-china-very-soon-2024-04-20/
Japan’s decision to convert two warships into aircraft carriers instils fears in Beijing
wionews.com/world/japans-decision-to-convert-two-warships-into-aircraft-carriers-instils-fears-in-beijing-711244
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.
America is a step closer to banning TikTok, but will it work?: The bill would force TikTok's Chinese owners to sell within 12 months or be banned in America.
abc.net.au/news/2024-04-21/us-house-tiktok-ban-vote-over-china-security-concerns/103749808
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.
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
China envoy calls on U.S. to define 'national security boundaries': WASHINGTON -- China's ambassador to the U.S. has called out Washington ...
asia.nikkei.com/Politics/International-relations/US-China-tensions/China-envoy-calls-on-U.S.-to-define-national-security-boundaries
Paid articlePaid Russia is in third place: Ukraine war pushes global military spending to all-time high
n-tv.de/politik/Ukraine-Krieg-treibt-weltweite-Militaerausgaben-auf-Hoechststand-article24890574.html
Nancy Pelosi warns of threats facing democracy, including Russia and China, at Dublin event
irishtimes.com/politics/2024/04/21/nancy-pelosi-warns-of-threats-facing-democracy-including-russia-and-china-at-dublin-event/
China slams US claims it is fuelling Ukraine war - World News: China condemned on Tuesday as "groundless accusations" U.S. claims that Beijing was ...
hurriyetdailynews.com/china-slams-us-claims-it-is-fuelling-ukraine-war-192752
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
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