China on Thursday rejected Western-led recommendations for human-rights reforms including calls for greater freedoms in Hong Kong and for Uyghurs in Xinjiang, but accepted others from allies, as it sought to defend its record at…
Monthly Archives For July 2024
Russia and China Launch Warship Patrols Around US Allies
Russia has dispatched a combat vessel to East Asian waters near U.S. allies Japan and South Korea for pointed patrols with a Chinese navy flotilla, Russia’s state-run news agency Tass reported.
EU Moves Ahead With Provisional Tariffs on China EV Imports
The European Union moved ahead with plans to impose provisional tariffs on the imports of electric vehicles made in China that would raise rates to as high as 48%, a step likely to escalate trade…
China’s Economy Is in a Rut. Its Demand For Commodities Remains Strong.
China has long been the world’s biggest commodities buyer—and the country’s appetite has only increased despite a protracted property slump and lackluster economic recovery. The reason: geopolitics.
EU imposes duties on China-built EVs, leaving four months for talks
The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing.
More IPOs likely to return in 2025 after shorter year in 2024: Citi
Even though India is in the spotlight at the moment, Citi sees countries like Indonesia and Vietnam exhibiting strong growth.
Nvidia set to make $12bn from AI chip sales in China despite US controls
Each H20 chip costs between $12,000 and $13,000, suggesting that Nvidia is likely to generate upwards of $12 billion in sales. That would be more than the $10.3 billion revenue made from its entire China…
China Thrashes U.S. In Global AI Patent Race—Here’s Why That Doesn’t Mean It’s Winning The AI War
China has filed more than six times as many patents for generative AI inventions than the U.S. over the last decade but patent filings offer only a “partial view” on the global race to control…
Beijing is laughing at the West’s weakness
Russian aggression in Ukraine poses a threat to world peace and stability. China provides material support for Russia’s actions. All this is entirely clear. In Beijing, immediately after a meeting …
U.S. Faces Sea Power Gap in China’s Backyard As Carriers Leave Asia
This summer, the Reagan is scheduled to conduct a carrier swap in California with the Nimitz-class USS George Washington. The Washington, which is currently operating in waters off the western coast of South America, will…
China, UAE Said in Talks to Increase Flights Between Two Nations
China and the United Arab Emirates are seeking to increase bilateral air traffic rights after years of stagnant travel growth, a move that would seek to boost trade and tourism between the two nations.
China’s BYD Opens EV Plant In Thailand Despite Slowdown, Tariff Row
China’s electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose …
Germany blocks another big business deal with China
Germany has blocked the sale of a Volkswagen subsidiary to a Chinese state-owned company on national security grounds, delivering a fresh blow to the already tense relationship with its biggest …
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