Source link Speaking in Shanghai, Olaf Scholz has said the only prerequisite is that “competition must be fair” German Chancellor Olaf Scholz has spoken in favor of opening the European market to Chinese automakers as long as they compete “fairly” with other manufacturers. Scholz arrived in China on Sunday for his second visit to the […]
Source link The US president has targeted 319 companies and citizens from the Asian nation, more than any other administration The White House has blacklisted more Chinese entities and individuals under Joe Biden’s administration than it did during Donald Trump’s presidency, as the long-running trade spat between the two nations continues to escalate, Bloomberg reported […]
Source link Subsidy investigation aims to help protect bloc’s industry from flood of cheap imports, Commissioner Margrethe Vestager has said The European Union has launched a subsidy investigation into Chinese wind turbine companies, in an effort to shield domestic industry from competition posed by cheaper products. Margrethe Vestager, the EU’s competition chief, said on Tuesday […]
Source link The unnamed woman who had lived in Sweden for years has been declared a security threat Sweden has invoked national security grounds to deport a Chinese national who had lived in the country for 20 years, her lawyer told reporters on Monday. The 57-year-old woman worked as a journalist and allegedly had contacts […]
Source link Aleksey Danilov made an obscene play on words with Li Hui’s name during a live interview Aleksey Danilov, the secretary of Ukraine’s National Security and Defense Council, insulted a senior Chinese diplomat during a live interview by playing on the similarity between his name – Hui – and a Ukrainian swear word. Danilov […]
Source link Beijing has called for the world’s largest nuclear-armed states to negotiate a new treaty Proposals regarding international security should be considered in the context of global realities, Moscow has said, after China called for the world’s largest nuclear powers to negotiate a new treaty. The Russian Foreign Ministry told business daily RBK that […]
Source link American industries are trailing behind, but Biden will leverage protectionism to win the 2024 election By Timur Fomenko, political analyst The Biden administration has announced that it’s launching a probe into Chinese “smart cars,” vowing to protect the American automobile industry. As is conventional, the White House branded the cars a “national security threat” […]
Source link PM Narendra Modi has denounced the government of Tamil Nadu for “insulting” space scientists with release of controversial advert A newspaper advert touting the Indian space agency’s new launch facility in southern Tamil Nadu state has triggered a massive political row between the country’s ruling Bharatiya Janata Party (BJP) and the state government. […]
Source link The aircraft maker reportedly excluded Chinese and Russian citizens from boarding a military transport plane at an airshow Aircraft manufacturer Airbus has issued a public apology after it allegedly barred Chinese and Russian citizens from boarding its A400M military transport plane during a public event held as part of the 2024 Singapore Airshow […]
Source link The European Union has placed tighter trade restrictions on Chinese companies that it claims are supporting Russia, the European Council said in a press release on Friday. The restrictions are part of a 13th round of sanctions imposed on Friday, a day before the second anniversary of Russia’s military operation against Ukraine. A […]
Source link Starbucks has made a surprising offer for its customers in China to mark the Lunar New Year, launching a coffee beverage flavored with pork. The new product, dubbed ‘Nian Feng Savory Latte,’ which roughly translates as ‘Abundant Year Savory Latte,’ will be limited to the Chinese year of the dragon, which kicked off […]
Source link China Lianhe Credit Rating has assigned Alfa-Bank, Russia’s largest private lender, an international rating of AA- with a stable outlook, the bank said in a statement on Wednesday. Alfa-Bank has become the first large Russian bank to receive an international rating in China. Alfa-Bank is at the same level that Lianhe rates the […]
Source link China’s homegrown passenger jet, the C919, made its inaugural flight outside China on Sunday at the Singapore Airshow. The airliner, which took to the skies for its first commercial flight in May, has so far only been authorized to fly in its home country. The single-aisle jet, manufactured by the state-owned Commercial Aircraft […]
Source link Brussels has reportedly proposed imposing trade restrictions on three entities over what it calls support of Moscow China firmly opposes a reported EU proposal to impose trade restrictions on three Chinese firms over their cooperation with Russia, the Foreign Affairs Ministry has said in a statement seen by Bloomberg, calling the potential move […]
Source link The bloc’s 13th package of economic restrictions on Moscow will reportedly impact Chinese and Indian companies for the first time Beijing rejects “illegal sanctions” and will defend the interests of its companies, the Chinese Foreign Ministry has said following a report that the EU could blacklist some of the country’s firms for allegedly […]