Some Western media outlets are keen to hype the competition faced by Volkswagen in the China market, but this is not the whole story. The German carmaker remains by far a giant in China’s car…
Monthly Archives For April 2024
China’s central bank launches relending program to support SMEs’ technology innovation and upgrading
The People’s Bank of China (PBC), the central bank, on Sunday established a relending program for scientific and technological innovation and transformation, aiming to boost financial support for …
China is providing satellite intelligence for military purposes to Russia, US warns, says report
US has warned its allies about China’s increasing support for Russia’s war against Ukraine, including providing geospatial intelligence.
Russia-Ukraine war live: Russian foreign minister to visit China to discuss war in Ukraine
Sergei Lavrov will visit China on Monday and Tuesday to discuss bilateral cooperation as well as war in Ukraine, says Russian foreign ministry. Ukrainian drones attack Russian-held Zaporizhzhia …
The China pushback uniting major world powers
Why it matters: There’s rising worldwide backlash against China ‘s massively subsidized factory sector, which is producing more electric vehicles, solar panels and other products than its economy can …
Yellen Advances US-China Ties Despite Tough Criticism on Exports
After a long day of berating the Chinese government about overcapacity in their economy, US Treasury Secretary Janet Yellen joined China’s Vice Premier He Lifeng for a boat cruise on the Pearl River …
WWIII could start over Philippines dispute in South China Sea, China ‘not respecting’ treaties, expert says
China has increased provocations against the Philippines over territorial claims in the South China Sea. A recent opinion piece in the government-run China Daily warned Manila ‘against the horrors of …
US fears China could make West dependent on ‘legacy’ chips
China is ramping up production of semiconductor microchips, stoking Western alarm that Beijing could gain leverage over global manufacturing supply chains.
Verstappen, Perez and Sainz question widsom of running F1 sprint race in China after 4-year absence
Formula 1 returns to Shanghai in two weeks for the Chinese Grand Prix. Drivers like the track, but raised questions on Sunday about a feature of the race weekend – the F1 sprint race. The…
US, Britain, Australia weigh expanding AUKUS security pact to deter China, FT says
LONDON (Reuters) -The U.S., Britain and Australia are set to begin talks on bringing new members into their AUKUS security pact as Washington pushes for Japan to be involved as a deterrent against …
China says it patrolled the South China Sea in an apparent response to US naval drills with allies
China’s military says it has conducted air and sea patrols and that all activities that “disrupt the South China Sea” are under control.
US, China need ‘tough’ conversations, Yellen tells Chinese premier
U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on “a more stable footing” over the …
China’s commerce minister due in Paris for electric vehicle talks
China’s commerce minister Wang Wentao is due in Paris on Sunday for talks that are expected to cover China’s fast growing export of cheap electric vehicles (EVs) into the European market.
