In light of the Senate passing a forced sale of Chinese-owned TikTok, one senior Republican and FCC commissioner explains how the legislation is “so smart” and “very targeted.” …
BUSINESS
GST, China imports emerge as major poll issues among lock industry traders
High GST rates, pandemic effect and Chinese locks the triple whammy undercutting the livelihoods of thousands of workers and traders in Uttar Pradesh’s famed Tala Nagri’ has emerged as a major concern this election and…
China drops Russia to salvage economy as US threatens ‘most serious challenge’ to trade
China last week was warned the US was considering imposing ‘full sanctions’ on Beijing’s military businesses for helping Russia continue its invasion of Ukraine.
Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
TikTok is facing an existential crisis in America. If its Chinese owner fails to sell the app in the next year or so, it could be banned in its biggest market.
Volkswagen aims to maintain 15% market share in China in 2030, country chief says
Volkswagen aims to preserve its market share in China at about 15% in 2030, the head of its China business said, betting heavy investment there will help it maintain its competitiveness against local …
China In Eurasia Briefing: Previewing Xi’s Big Europe Trip
Chinese leader Xi Jinping will visit Hungary, Serbia, and France on a high-profile tour in early May, marking his first trip to Europe since the pandemic.
China In Focus As Apple Reports Q2 Results
Per Counterpoint Research, iPhone sales in China declined by 24% over the first six weeks of 2024, compared to the Chinese smartphone market which declined by 7% over the same period. Apple has been …
Biden is fighting Trump’s tough tactics by calling for tripled tariffs on Chinese steel imports
China’s economy struggles to consume all it’s producing, exporting the most steel since 2016 amid a real-estate slump.
Factbox-EU probes on Chinese subsidies and imports
The European Union launched an investigation into China’s procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has also launched several probes into whether Chinese clean tech producers are…
Google-backed Chinese AI company Mobvoi sees stock tumble in Hong Kong IPO – report
Chinese AI company Mobvoi fell up to 22% on its IPO in Hong Kong on Wednesday, marking the third stock to tumble on debut in the city this week, Bloomberg News reported. Beijing-based Mobvoi, which is…
Blinken expected to deliver strong warning on Russia support as he arrives in China for key meetings
US Secretary of State Antony Blinken arrived in China on Wednesday where he is expected to issue a strong warning to Chinese leaders about the country’s support for Russia’s efforts to ramp up weapons …
China’s durian output to quadruple in 2024, processing poised to permeate with demand ‘on a rapid rise’
Chinese-produced durian is set to be available to the public in July, with production from the tropical island of Hainan likely to reach 200 tonnes this year, although Thailand and Vietnam are set to remain…
Better US-China ties but still deep disagreements as Blinken starts visit
U.S. Secretary of State Antony Blinken arrives in Shanghai on Wednesday with U.S.-China ties on a steadier footing, but with a daunting array of unresolved issues threatening the stability of relations between the global rivals.