Graft Blamed for Long Delay of China’s Energy Law

asiafinancial.com China’s long-awaited energy law has been issued for public comment after being approved by the country’s top legislative body. The law, initially drafted in 2005, looks set…

Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum

scmp.com China’s internet giants have slashed jobs in recent years, affecting tens of thousands of people. As of the end of 2023, China’s so-called BAT – Baidu, South China Morning…

Chinese Graphite: US Carmakers Win Easier EV Tax Credits

asiafinancial.com The US has eased mineral requirement rules for electric-vehicle batteries, which will allow flexibility on key trace elements such as graphite from China. The Treasury…

Xi Jinping trip to Europe, Toyota earnings, Malaysia interest rates

asia.nikkei.com Welcome to Your Week in Asia. The world's second largest economy is to strengthen ties with Europe. From May 5 to 10, Chinese President Xi Jinping is on his first trip to…

Macron and Xi Set to Discuss Trade Concerns, War in Ukraine

asiafinancial.com Trade and the war in Ukraine are expected to top the agenda when Chinese President Xi Jinping flies in to Paris on Sunday for talks with his French counterpart Emmanuel…

TikTok under U.S. ownership makes sense, Jake Sullivan says

asia.nikkei.com WASHINGTON -- U.S. national security adviser Jake Sullivan said Saturday that it makes "all the sense in the world" for TikTok, the Chinese-owned popular short-video…

These are the wildest EVs unveiled at China's biggest auto show

businessinsider.com Local and Western carmakers have flocked to the Beijing Auto Show. • Competition in China's EV market has become brutal as local firms try to compete with Tesla. If you need…

NATO ally issues stark warning of new world war with Russia

newsweek.com Hungary, a member of the North Atlantic Treaty Organization (NATO), issued a stark waring on Friday about a new world war with Russia if a country within the military…

Europe must find a way to help fund the fight against Putin

theguardian.com Europe has plotted an elegant decline that suits the needs of its ageing population, and the Ukraine war cannot be allowed to interfere with that plan. That is how it seems…

Why Musk’s Trip to Beijing Is a Win for Tesla and China

youtube.com Tesla shares soared following news of China's tentative approval of the company's driver-assistance system. On this episode of the Elon, Inc. podcast, we discuss what Musk's…

China manufacturing rebound brings trade frictions with West

asia.nikkei.com BEIJING -- A recovery in China's manufacturing activity has buoyed the economy while also creating frictions with the West, as companies flood overseas markets with cheap…

Magnificent Seven Stocks: Nvidia Stock Rallies Above Key Level; Apple Soars On Earnings

investors.com Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But…

China International Communications Group unveils culture-themed exhibition at Foire de Paris 2024

benzinga.com BEIJING, May 4, 2024 /PRNewswire/ -- China International Communication Corporation (CICG) unveiled the "Souffle d'Orient" exhibition at the Foire de Paris 2024 on May 1.…

Xi Jinping to visit France, Hungary and Serbia amid EU trade tariff row

theguardian.com China’s president, Xi Jinping, is to visit Europe next week for the first time in five years, in a tour that will take in the unlikely trifecta of France, Hungary and…

China has a lot more missiles

businessinsider.com Roc Canals/Getty, Shaunl/Getty, Tyler Le/BI American warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything…

EV-Maker Zeekr Plans First Major Chinese IPO in US in Two Years

asiafinancial.com Electric carmaker Zeekr is planning the first major IPO in the United States by a China-based company in more than two years. The group, known formally as Zeekr Intelligent…

Potential TikTok ban threatens the US business of China’s cross-border sellers and the global ambitions of ByteDance

scmp.com But after US President Joe Biden last month signed into law a bill requiring TikTok’s Chinese owner ByteDance to divest the platform’s US operations in 270 days or face a…

Geopolitical tensions and Covid crisis: Noel Quinn’s five years at HSBC’s helm

theguardian.com HSBC’s chief executive, Noel Quinn, is seen by many as ending his five-year tenure on a high note. The 62-year-old stunned the banking world this week by saying he planned…

Defense chiefs from U.S., Australia, Japan and Philippines vow to deepen cooperation

pbs.org Defense chiefs from the U.S., Australia, Japan and the Philippines vowed to deepen their cooperation as they gathered Thursday in Hawaii for their second-ever joint meeting…

The Golden Age Of Disinformation Has Only Just Begun

zerohedge.com The Golden Age Of Disinformation Has Only Just Begun Authored by Boyan Radoykov via The Epoch Times, Disinformation is all about power, and because of the harmful and…

China Launches Chang'e-6 Probe to the Far Side of the Moon

youtube.com China launched the Chang'e-6 lunar probe on Friday to collect and return the first ever lunar samples from the far side of the moon. The probe, atop a Long March-5 Y8…

EU targets Chinese EVs ahead of Xi Jinping's visit

semafor.com Semafor Signals Supported by Insights from Central European Institute of Asian Studies, Royal United Services Institute, and the Rhodium Group The News The EU is “advancing”…

Crisis Beyond the Bubble

konicz.info Will stagnation be a permanent condition? An outlook for the world economy after the end of the globalized financial bubble economy. The speculative air is slowly leaking…

Transatlantic Decoupling?

konicz.info How is the United States managing to overtake the eurozone economically? And will this trend continue? The United States seems to be leaving the eurozone behind…

Alex Crawford slams Govt’s ’empty’ press freedom promises ‘without action’ on Gaza access

pressgazette.co.uk Sky News special correspondent Alex Crawford has said press freedom speeches given by the Prime Minister and Culture Secretary this week amounted to “empty words” in light…

China's stock market has staged a big rebound that's poised to push on, strategist says

aol.com None The Chinese stock market has rebounded and analysts said the rally looks set to continue. • None Two major economic indexes have flagged positive signs that Chinese…

China's coast guard sails near neighbor's front-line islands

newsweek.com China's coast guard on Friday revealed it had entered restricted waters around an outlying Taiwanese island county in the Taiwan Strait, just off China's Fujian Province. A…

It's likely only a matter of time until Russia captures a key town in Ukraine, intel chief says

businessinsider.com A Ukrainian tank of the 17th Tank Brigade fires at Russian positions in Chasiv Yar, February 29, 2024. Efrem Lukatsky/AP Photo Ukraine is likely to lose the key eastern town…

US adversaries are deepening their ties

semafor.com Semafor Signals Supported by Insights from Foreign Affairs and Bloomberg The News Nations that have typically held an unfavorable view of the US seem to be deepening their…

China-Focused Tigermed Staves Off Biopharma Gloom

benzinga.com Tigermed has been scaling back its clinical programs amid falling demand for drugs research • But the company is less exposed to U.S. policy risks than pharma giant WuXi…

China's economic gambit could nuke Putin's dollar ploy

newsweek.com Economists call it the "nuclear" option but speculation that China might devalue its currency the yuan (RMB) could cause fallout for Russia as President Vladimir Putin…

Taiwan issued dire warning about Russia-China dual threat

newsweek.com Russia and China are strengthening their military cooperation, including on Taiwan, U.S. intelligence officials warned during a congressional hearing on Thursday. "Bottom…

China's 'unprecedented' space mission blasts off to the far side of the moon to collect samples

cnbc.com A Long March 5 rocket, carrying the Chang'e-6 mission lunar probe, lifts off as it rains at the Wenchang Space Launch Centre in southern China's Hainan Province on May 3,…

Record Loss for Russia's Gazprom as European Market Closed

kyivpost.com Russian energy giant Gazprom said Thursday it suffered a record annual loss last year as the European market was practically shut to its gas exports due to sanctions over…

Xi comes to Europe: what's on the agenda?

theweek.com Xi Jinping will next week visit Europe for the first time in five years, amid rising tensions with the EU over trade and China's implicit support of Russia. China's…

Iran-Israel tensions: Can Iran's economy handle a war? – DW

dw.com Iran is suffering from inflation, currency depreciation and the impact of international sanctions. Will new Western boycotts impact Tehran's ability to wage war? As the…

Tesla Stock Outlook: Why the Latest TSLA News Hardly Changes the Story

investorplace.com Despite recent promising news, Tesla stock will likely head back lower The latest news about Tesla (NASDAQ:TSLA) may have sent its shares soaring late last month, but almost…

A fresh Russian push will test Ukraine severely, says a senior general

economist.com The scruffy headquarters of HUR, Ukraine’s military intelligence agency, stands on a jagged piece of land in central Kyiv known as Fisherman’s Island. Strictly speaking, it…

As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda

abcnews.go.com Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday As China's Xi Jinping…

Quiz of The Week: 27 April

theweek.com What do Japan and Scotland have in common? Well, plenty probably – but this week both nations were grappling with the question of succession. In Scotland, the resignation of…

Sam Altman's OpenAI And Amazon-Backed Anthropic Face Serious Competition From These Chinese Startups Backed By Alibaba, Xiaomi And More

benzinga.com Four Chinese artificial intelligence (AI) start-ups have achieved ‘unicorn’ status, with valuations exceeding $1 billion. The companies, namely Zhipu AI, Moonshot AI,…

The U.S.’s TikTok ban is full of contradictions

aol.com Greetings from Hong Kong! I’m Clay Chandler, Fortune’s executive editor for Asia. Diane has invited me to weigh in weekly from this side of the world. If you’ve got an idea,…

US ally's aircraft shoots down suspected Chinese balloon

newsweek.com South Korea's air force shot down an unidentified balloon in late March after the object—thought to have originated in China—crossed the country's de facto maritime border…

Dr. Elon and Mr. Musk: About Tesla’s Chaotic Robotaxi Pivot

forbes.com The impulsive billionaire calmed investors with plans for cheaper EVs that he previously backburnered. Then he muddled the story by cutting its fast-growing EV charging…

China's role behind gold's soaring value

newsweek.com Gold has hit record-breaking prices in recent months, in part due to China's strong appetite for the asset against a backdrop of tensions with Washington and broader global…

China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank

businessinsider.com An air defense squadron conducts a live-fire drill in Changzhou, Jiangsu province, China, April 28, 2024. CFOTO/Future Publishing via Getty Images A new report says China's…

‘We’re in a new era’: the 21st-century space race takes off

theguardian.com If the 20th-century space race was about political power, this century’s will be about money. But for those who dream of sending humans back to the moon and possibly Mars,…

China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home

cnbc.com BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can't afford to take it easy in the country's electric car boom if they want to survive. Adoption…

Apple: pay attention to emerging markets, not falling China sales

techcrunch.com Apple’s chief financial officer Luca Maestri challenged investor worries over an 8% drop in China revenue, by noting that sales in other emerging markets are growing. “When…

RSF Press Freedom Index 2024: UK and US scores hit by widespread job cuts

pressgazette.co.uk The Reporters Without Borders (RSF) Press Freedom Index scores for both the UK and US have dropped, driven in part by financial difficulties resulting in widespread job…

How China Sees U.S. Campus Protests

wsj.com Intolerant of protests at home, Beijing signals sympathy for pro-Palestinian student demonstrators.

Huawei anonymously funds research at top US universities through contest

scmp.com The findings reveal one strategy Shenzhen, China-based Huawei is using to remain at the forefront of funding international research despite a web of US restrictions imposed…

Chinese government website security is often worryingly bad, say Chinese researchers

theregister.com Exclusive Five Chinese researchers examined the configurations of nearly 14,000 government websites across the country and found worrying lapses that could lead to malicious…

Iran and Russia Working on Bilateral CBDC-powered Trade Solutions

cryptonews.com Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed. Speaking to the Russian media outlet…