Any tourist wandering through the glitzy lobby of Singapore’s Shangri-La Hotel this weekend would have stumbled on a rather bizarre scene.
Monthly Archives For June 2024
The Goal for China’s Chip Giant: Cut Out the U.S.
In a series of articles this week, Wall Street Journal reporters from around the world go inside the escalating global chip battle. At stake: leadership of an industry expected to double in size by the…
Shenzhen, China: The World Pioneer in Electric Vehicles
The public and private sectors work together to promote the spread of EVs, as evidenced by the city’s fully electric bus and taxi fleets.
U.S. Defense Secretary visits Cambodia as it moves closer to Beijing
U.S. Defense Secretary Lloyd Austin arrived in Cambodia on Tuesday for a brief visit aimed at reversing some of the gains China has made in the country amid increasing concern about Beijing’s growing presence at…
EU tariffs on Chinese EVs could cost Beijing $4B in trade, trade conflict looms
Any amount of tariff hike would mean higher prices for consumers as European EV production is significantly costlier.
It’s D-Day for Europe’s trade relationship with China
Higher import tariffs on China-made electric cars in Europe could set off a tit-for-tat escalation akin to that between the US and China.Credit: Bloomberg With the EU accusing China’s EV makers of not …
China courts Spain to push EU on electric vehicle probe
In a separate statement, the Chinese ministry also said it had set up a coordination mechanism for foreign-funded enterprises to express their difficulties about doing business in China. It gave no …
Beijing’s Macau money swap crackdown no surprise: JPM
Beijing’s planned clampdown on unauthorised money changing in Macau, reported by mainland China media on Monday, “isn’t the first time that authorities have vowed to crack down on similar activities in Macau,” said a Tuesday…
Self-Exiled Hong Kong Artist Aims to Counter China’s Silence on June 4
TAICHUNG, Taiwan (Reuters) – Hong Kong artist Kacey Wong is striving to keep alive the memory of China’s June 4 crackdown on pro-democracy demonstrators from his adopted home of Taiwan, as Chinese authorities again bar…
China Is ‘Prepositioning’ for Future Cyberattacks—and the New NSA Chief Is Worried
An unusual Chinese threat is designed not to extract military secrets or data of any kind, but to lurk in the infrastructure that undergirds civilian life.
Central banks turn cautious on China’s yuan, keen on dollars and gold
LONDON (Reuters) – More global reserve managers plan to increase exposure to the now high-yielding U.S. dollar as their interest in China’s yuan has soured due to low returns and geopolitical tensions …
Alcoa Set For Gains As China’s Aluminum Market Surplus Grows, Global Supply Tightens: JPMorgan
They expect demand outside of China to recover robustly … enhancing the company’s financial health. As such, Alcoa remains a solid option for investors seeking exposure to the aluminum and alumina …
Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off
Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so…
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