South Korea and China Strengthen Diplomatic RelationsOn the 26th, South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang held a summit at the Presidential Office in Yongsan. Yoon emphasized that South Korea and China need to closely cooperate not only for bilateral relations but also for the peace and prosperity of the international community. Yoon made these remarks to […]
Taiwan's President Thanks Global Allies for Support in Inaugural AddressNewly inaugurated Taiwan President Lai Ching Te, known for his pro-American and anti-China stance, expressed his hope for “exchange and cooperation with China” in response to China’s military pressure. The Chinese military launched two days of large-scale military drills around Taiwan to coincide with Lai’s inauguration. According to local reports including the United Daily News on […]
China Secures Exclusive Oil and Gas Rights in IraqRecently, only Chinese companies won the bidding for oil and gas exploration rights in Iraq. This success is an example of China’s growing influence in the Middle East. China is making strategic moves by taking advantage of the U.S.’s disengagement from the Middle East, securing stable energy sources like oil and gas through expanded cooperation […]
North Korea's Bold Space Move Ahead of Trilateral Summit Raises EyebrowsTensions in Northeast Asia are escalating as North Korea has informed the Japanese government of its plans to launch a satellite ahead of the trilateral summit between South Korea, China, and Japan on the 27th. According to the Japanese Cabinet Office, North Korea has announced its plan to launch a rocket carrying a satellite between […]
China's Love for Pets Fuels Multi-Billion Dollar IndustryDespite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ...
South Korea Enlists China For Help with North Korea's AggressionDuring the South Korea-China bilateral meeting on the 26th, President Yoon Suk Yeol requested Li Qiang, the Premier of the State Council of China, to play a role as a fortress of peace as threats from North Korea continue to escalate. It was reported that Yoon expressed his concerns about “North Korea’s nuclear development, the […]
China Outraged by U.S. Congressional Support to TaiwanChairman of the U.S. House Foreign Affairs Committee, Michael McCaul [EPA·Yonhap News]Amid China's r ...
Hot Spring Horror: Guests' Privacy Violated on Live Broadcast!A controversy has erupted as Chinese hot spring visitors are being live-streamed on personal internet broadcasts. JiMu News reported that customers’ activities were broadcast live from the Yushui Hot Spring Museum in Changzhou, China. The livestream lasted for approximately 4 hours on the 19th and showcased visitors in their swimwear without their consent. There was […]
Taiwanese Tourists Denied Entry in Cuba: Is China to Blame?Recently, two cases have been of Taiwanese travelers being denied entry into Cuba. Suspicions have a ...
Musk Opposes U.S. Government's Recent Tariff Increase on EV ImportsElon Musk, CEO of Tesla, expressed his opposition on the 23rd (local time) to the U.S. government’s decision to significantly increase tariffs on Chinese-made electric vehicles (EV). According to Reuters and other sources, Musk participated in a video conference at the Viva Technology event in Paris, France, stating, “Tesla and I did not request these […]
Free AI? China's Tech Giants Offer No-Cost Language Models Amid Intense CompetitionReuters=News1In China, where access to ChatGPT is blocked, Chinese companies are heating up competit ...
Heavy Metal Hazard: Children's Accessories Contain Dangerous Levels of ToxinsHeavy metals, up to 278 times the standard limit, were detected in children’s accessories sold on Chinese online shopping platforms. On the 23rd, Seoul officials announced that heavy metals (lead, chromium, and nickel) were found in two out of seven children’s accessories, including watches, sold on Shein and AliExpress, following their safety inspections. In a […]
Philippine Waters Stripped by Chinese FishermenThe Philippine government has claimed that an international investigation is needed into the environmental damage in the South China Sea reefs, where Chinese fishermen have indiscriminately harvested marine products, leaving species like giant clams extinct. According to the Associated Press (AP) and Inquirer on the 22nd (local time), the Philippine Coast Guard held a press […]
Cold War 2.0? China and U.S. Lock Horns Over Defense Sales to TaiwanThe Chinese government announced additional sanctions against 12 U.S. defense companies following its earlier imposition of sanctions...
U.S. Tariff Hike on Chinese Goods Could Reshape Medical Industry in South KoreaImage Today With the Biden administration pushing for a tariff increase on Chinese medical devices such as syringes, needles, rubber gloves, and face masks, South Korean companies, which have struggled to secure market share due to low-cost competition, are expected to benefit from the situation. However, the pharmaceutical and biotech industries remain nervous, warning that […]
China Makes Strategic Move That Worries Western CompaniesAccording to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
U.S. Treasury: We Must Collaborate to Fight Against China's Low Cost OffensiveU.S. Treasury Secretary Janet Yellen has stated that the U.S. and Europe must collaborate to prevent China’s low-cost offensive. She revealed that this issue will be significantly discussed at the upcoming meeting of finance ministers from the Group of Seven (G7) countries next month. According to the New York Times (NYT), on the 21st (local […]
Steel Showdown: U.S. Industry Braces for Surge in Chinese ImportsThere’s growing concern that the supply of low-cost steel from China will intensify. As global trade barriers against Chinese steel rise, analysts predict that China will increase its exports to Southeast Asia, including South Korea. The steel industry is accelerating its response measures, such as filing anti-dumping lawsuits. On the 20th, industry insiders reported that […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese ImportsDeputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Apple Cuts iPhone Prices by Over 20% in China to Boost SalesApple is struggling with a slowdown in the Chinese market and is making significant efforts to maintain its market share...
South Korea and China Strengthen Diplomatic Relations On the 26th, South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang held a summit at the Presidential Office in Yongsan. Yoon emphasized that South Korea and China need to closely cooperate not only for bilateral relations but also for the peace and prosperity of the international community. Yoon made these remarks to […]
Taiwan's President Thanks Global Allies for Support in Inaugural Address Newly inaugurated Taiwan President Lai Ching Te, known for his pro-American and anti-China stance, expressed his hope for “exchange and cooperation with China” in response to China’s military pressure. The Chinese military launched two days of large-scale military drills around Taiwan to coincide with Lai’s inauguration. According to local reports including the United Daily News on […]
China Secures Exclusive Oil and Gas Rights in Iraq Recently, only Chinese companies won the bidding for oil and gas exploration rights in Iraq. This success is an example of China’s growing influence in the Middle East. China is making strategic moves by taking advantage of the U.S.’s disengagement from the Middle East, securing stable energy sources like oil and gas through expanded cooperation […]
North Korea's Bold Space Move Ahead of Trilateral Summit Raises Eyebrows Tensions in Northeast Asia are escalating as North Korea has informed the Japanese government of its plans to launch a satellite ahead of the trilateral summit between South Korea, China, and Japan on the 27th. According to the Japanese Cabinet Office, North Korea has announced its plan to launch a rocket carrying a satellite between […]
China's Love for Pets Fuels Multi-Billion Dollar Industry Despite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ...
South Korea Enlists China For Help with North Korea's Aggression During the South Korea-China bilateral meeting on the 26th, President Yoon Suk Yeol requested Li Qiang, the Premier of the State Council of China, to play a role as a fortress of peace as threats from North Korea continue to escalate. It was reported that Yoon expressed his concerns about “North Korea’s nuclear development, the […]
China Outraged by U.S. Congressional Support to Taiwan Chairman of the U.S. House Foreign Affairs Committee, Michael McCaul [EPA·Yonhap News]Amid China's r ...
Hot Spring Horror: Guests' Privacy Violated on Live Broadcast! A controversy has erupted as Chinese hot spring visitors are being live-streamed on personal internet broadcasts. JiMu News reported that customers’ activities were broadcast live from the Yushui Hot Spring Museum in Changzhou, China. The livestream lasted for approximately 4 hours on the 19th and showcased visitors in their swimwear without their consent. There was […]
Taiwanese Tourists Denied Entry in Cuba: Is China to Blame? Recently, two cases have been of Taiwanese travelers being denied entry into Cuba. Suspicions have a ...
Musk Opposes U.S. Government's Recent Tariff Increase on EV Imports Elon Musk, CEO of Tesla, expressed his opposition on the 23rd (local time) to the U.S. government’s decision to significantly increase tariffs on Chinese-made electric vehicles (EV). According to Reuters and other sources, Musk participated in a video conference at the Viva Technology event in Paris, France, stating, “Tesla and I did not request these […]
Free AI? China's Tech Giants Offer No-Cost Language Models Amid Intense Competition Reuters=News1In China, where access to ChatGPT is blocked, Chinese companies are heating up competit ...
Heavy Metal Hazard: Children's Accessories Contain Dangerous Levels of Toxins Heavy metals, up to 278 times the standard limit, were detected in children’s accessories sold on Chinese online shopping platforms. On the 23rd, Seoul officials announced that heavy metals (lead, chromium, and nickel) were found in two out of seven children’s accessories, including watches, sold on Shein and AliExpress, following their safety inspections. In a […]
Philippine Waters Stripped by Chinese Fishermen The Philippine government has claimed that an international investigation is needed into the environmental damage in the South China Sea reefs, where Chinese fishermen have indiscriminately harvested marine products, leaving species like giant clams extinct. According to the Associated Press (AP) and Inquirer on the 22nd (local time), the Philippine Coast Guard held a press […]
Cold War 2.0? China and U.S. Lock Horns Over Defense Sales to Taiwan The Chinese government announced additional sanctions against 12 U.S. defense companies following its earlier imposition of sanctions...
U.S. Tariff Hike on Chinese Goods Could Reshape Medical Industry in South Korea Image Today With the Biden administration pushing for a tariff increase on Chinese medical devices such as syringes, needles, rubber gloves, and face masks, South Korean companies, which have struggled to secure market share due to low-cost competition, are expected to benefit from the situation. However, the pharmaceutical and biotech industries remain nervous, warning that […]
China Makes Strategic Move That Worries Western Companies According to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
U.S. Treasury: We Must Collaborate to Fight Against China's Low Cost Offensive U.S. Treasury Secretary Janet Yellen has stated that the U.S. and Europe must collaborate to prevent China’s low-cost offensive. She revealed that this issue will be significantly discussed at the upcoming meeting of finance ministers from the Group of Seven (G7) countries next month. According to the New York Times (NYT), on the 21st (local […]
Steel Showdown: U.S. Industry Braces for Surge in Chinese Imports There’s growing concern that the supply of low-cost steel from China will intensify. As global trade barriers against Chinese steel rise, analysts predict that China will increase its exports to Southeast Asia, including South Korea. The steel industry is accelerating its response measures, such as filing anti-dumping lawsuits. On the 20th, industry insiders reported that […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese Imports Deputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Apple Cuts iPhone Prices by Over 20% in China to Boost Sales Apple is struggling with a slowdown in the Chinese market and is making significant efforts to maintain its market share...
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