SHANGHAI (Reuters) – Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share …
China
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GORDON CHANG: China Is Setting Up Shop In America’s Backyard. Here’s Why You Should Worry
GORDON CHANG: China Is Setting Up Shop In America’s Backyard. Here’s Why You Should Worry Gordon Chang on June 27, 2023 China, according to “fragmentary” U.S. intelligence reports, is about to establish …
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By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – LVMH chairman and CEO Bernard Arnault has touched down in China, kicking off a flurry of interest on social media in …
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Business News
Volkswagen China chief asks China’s premier Li for clarity on data transfers
by Reutersby ReutersBERLIN (Reuters) – Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country’s Premier Li …
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A look at the day ahead in U.S. and global markets from Mike Dolan Flagging world markets got a lift on Tuesday as China moved to shore up the falling …
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A look at the day ahead in European and global markets from Vidya Ranganathan. The U.S. dollar’s protracted smile is making China and Japan uncomfortable. China, unencumbered as it is …
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‘Dark Clouds’: Indian Prime Minister Modi Warns Of China Threat In Speech To US Congress
‘Dark Clouds’: Indian Prime Minister Modi Warns Of China Threat In Speech To US Congress Arjun Singh on June 22, 2023 Indian Prime Minister Narendra Modi warned Congress of the …
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By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for both the country’s primary exports …
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Business News
German vice chancellor cuts investment guarantees for China by $5.5 billion -Spiegel
by Reutersby ReutersFRANKFURT (Reuters) – Germany’s vice chancellor and economics minister, Robert Habeck, has reduced liability for investments by German companies in China by around five billion euros ($5.48 billion) since taking …
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US and World News
China says US should act to undo negative impact of Biden’s Xi remark
by Reutersby ReutersWASHINGTON (Reuters) – China’s ambassador to Washington has protested remarks President Joe Biden made about Chinese leader Xi Jinping on Wednesday, and its embassy said the United States should act …
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US-Made Air Defense System Cleared To Deploy In South Korea, Angering China
US-Made Air Defense System Cleared To Deploy In South Korea, Angering China Micaela Burrow on June 21, 2023 A powerful U.S.-made missile defense system cleared a review that stalled its …
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TikTok Acknowledges Certain US Data Stored In China, Defends Earlier Claims
TikTok Acknowledges Certain US Data Stored In China, Defends Earlier Claims Jason Cohen on June 21, 2023 Popular short video platform TikTok has admitted to U.S. lawmakers that sensitive data …
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US and World News
G7 affirms unity and need for close coordination on China, State Department says
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) – The Group of Seven countries affirmed their unity and stressed the need for close coordination in dealing with China, the U.S. State Department said …
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(Reuters) – BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles, said CEO Oliver Zipse after Chinese Premier Li Qiang visited …
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Business News
Brazil’s Embraer returns to China with deal for freight conversions
by Reutersby ReutersBy Gabriel Araujo SAO PAULO (Reuters) – Brazilian planemaker Embraer is returning to China with a deal to convert passenger jets into freight aircraft with a local partner in the …
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US and World News
North Korea criticises Blinken’s China visit as ‘begging trip’
by Reutersby ReutersSEOUL (Reuters) – North Korea on Wednesday criticised U.S. Secretary of State Anthony Blinken’s recent visit to Beijing as a “begging trip” to ease tensions in what it called a …
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Russia ‘Confident’ In Ties With China Following Xi-Blinken Visit
Russia ‘Confident’ In Ties With China Following Xi-Blinken Visit Jake Smith on June 20, 2023 Following a meeting between Chinese President Xi Jinping and U.S. Secretary of State Anthony Blinken, …
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Italy gained little from Belt and Road deal with China – foreign minister
by Reutersby ReutersROME (Reuters) – Italy’s participation in China’s Belt and Road Initiative (BRI) has produced few benefits, Rome’s Foreign Minister Antonio Tajani said on Tuesday, as his country faces a decision …
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US and World News
EU leaders set to call on China to help stop Ukraine war – EU official
by Reutersby ReutersBRUSSELS (Reuters) – EU leaders are set to call on China next week to help bring an end to the war in Ukraine, engage in global challenges, such as climate …
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China In Talks To Conduct Military Training In Cuba: REPORT
China In Talks To Conduct Military Training In Cuba: REPORT Micaela Burrow on June 20, 2023 China is in talks with Havana to set up a joint military training center …
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Wuhan-Partnered School District Settles With Aide Who Says She Was Forced Out After Saying COVID Came From China
Wuhan-Partnered School District Settles With Aide Who Says She Was Forced Out After Saying COVID Came From China Reagan Reese on June 20, 2023 An Ohio school district has settled …
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By Philip Blenkinsop BRUSSELS (Reuters) -The European Union executive presented on Tuesday its economic security plan which seeks to convince the bloc’s 27 states to agree stronger controls on exports …
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A look at the day ahead in U.S. and global markets from Mike Dolan Wall St looks set to return from the ‘Juneteenth’ holiday in a slightly more cautious mood …
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BEIJING (Reuters) – U.S. Secretary of State Antony Blinken said the spy balloon incident with China “should be closed” in an interview with MSNBC posted online on Tuesday. “We did …
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CEO Of One Of America’s Largest Defense Contractors Says It’s ‘Impossible’ To Stop Relying On China
CEO Of One Of America’s Largest Defense Contractors Says It’s ‘Impossible’ To Stop Relying On China Micaela Burrow on June 19, 2023 The head of a major U.S. defense contractor …