Xi Jinping's True Intentions in SerbiaIn Serbia, a non-sanctioning country against Russia, Xi will clearly express his intention to cooperate with Russia It has been reported that Chinese President Xi Jinping is planning to visit Serbia next month, coinciding with the 25th anniversary of the bombing of the Chinese embassy in Serbia. Bloomberg reported on the 23rd (local time), quoting […]
Gold Fever: China's Investors Spark a Price RallySince the end of last year, the price of gold has been hitting record highs daily, sparking increased interest in gold-related investments. Searching for today’s gold and gold prices has become a daily routine. However, according to a News1 report on the 24th, citing the British daily Financial Times (FT), the gold price rally may […]
China's Tianqi Lithium Suffers as Lithium Prices PlummetTianqi Lithium, known as the King of Lithium in China, is expected to record a net loss of $682 million in the first quarter of this year. As a result, Tianqi Lithium’s stock price plummeted to its daily limit. According to Chinese media outlets such as Securities Times on the 24th, Tianqi Lithium announced its […]
Chile Strikes Back: Imposes Anti-Dumping Duties on Chinese SteelThe Chilean government has decided to impose anti-dumping duties of up to 33.5% on two types of Chinese steel products that the domestic market with the prices. This comes amid a global trend of countering Chinese products, as evidenced by the U.S. government’s announcement on the 17th to raise tariffs on Chinese steel and aluminum […]
Shein CEO Refutes Environmental Criticisms: Misunderstanding Due to Lack of CommunicationDonald Tang, Executive Chairman of Shein, has refuted criticism of the company’s environmental pollution, stating, “Our unfavorable reputation is due to a lack of understanding.” According to the French daily newspaper Le Figaro on the 23rd (local time), Tang, who recently visited Paris, France, said in an interview, “The misunderstanding about Shein is mainly because […]
U.S. Prepares Sanctions on Chinese BanksBlinken’s Visit to China Puts Pressure on Policy Shift According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of […]
TikTok Faces U.S. Ban Over National Security ConcernsPhoto=Newsis The famous Chinese social media app TikTok is facing potential expulsion from the U.S. due to national security concerns. TikTok has vehemently opposed this, arguing that the forced sale being pushed by the U.S. House of Representatives is an oppression of freedom of expression. According to Reuters on April 21, TikTok stated in a […]
Samsung's RISC-V Tech: A Potential Risk to National SecurityThe U.S. government is raising objections to the RISC-V standard that Samsung Electronics (005930) has selected as a future system semiconductor design intellectual property. Unlike traditional Central Processing Units (CPUs) such as ARM and x86, RISC-V is an open-source design, raising concerns that it could be used in China’s semiconductor development. The U.S. government has […]
Apple's China Crisis: iPhone Sales Plunge by 19%, Market Share DeclinesApple’s smartphone sales in China for the first quarter of this year have reportedly dropped 19% compared to last year. According to data from market research firm Counterpoint, cited by Reuters on the 23rd (local time), iPhone shipments in China for the first quarter plummeted by 19%, marking the worst performance since 2020. Apple’s market […]
35 and Out: Age Discrimination Rampant in China's Tech IndustryAs Chinese tech giants struggle with management due to government regulations and economic repression, job opportunities for mid-30s tech workers are rapidly declining, the Financial Times (FT) reported on the 23rd (local time). There’s a growing fear of being laid off in the mid-30s and difficulty in reemployment, leading to the lamentation of 35. The […]
U.S. State Department: North Korea Missile Launch Raises Concern, Will Be Discussed in China VisitMatthew Miller, spokesperson for the U.S. Department of State, briefing on the 22nd. [Photo courtesy of the U.S. Department of State] As U.S. Secretary of State Antony Blinken is set to visit China on the 24th, Department of State Spokesperson Matthew Miller announced on the 22nd (local time below) that the North Korea issue is also on […]
Chile Takes a Stand: Slaps Up to 33.5% Tariff on Chinese SteelChinese steel exports to Central and South America have increased by 88 times in comparison to the year 2000 The Chilean government has decided to impose anti-dumping duties of up to 33.5% on cheap Chinese steel subsidized by the Chinese government. The Chilean Anti-Competitive Market Distortions Office for the Prevention of Price Distortions announced on the […]
Bubble Tea Billionaires: China's Latest Wealth PhenomenonBloomberg reported on the 22nd (local time) that the popularity of bubble tea in China has consecutively created billionaires. According to the report, the stocks of Sichuan Baicha Baidao, the third-largest bubble tea chain in China (hereafter referred to as ChaPanda), are set to trade on the Hong Kong stock market starting from the 23rd. […]
Saudi Aramco's CEO: Global Energy Goals Need China's Low-Cost Green TechAs concerns escalated about a second China shock, with China exporting products like solar panels and electric vehicles at bargain prices to countries worldwide, including the U.S. and Europe, Saudi Arabia surprisingly defended China. According to the Financial Times (FT), on the 22nd (local time), Amin Nasser, CEO of Saudi Aramco, the state-owned oil company […]
China Unfazed By Biden's Trade WarDespite the United States ramping up its ‘China-bashing’ ahead of the November presidential election, Chinese President Xi Jinping has been relatively quiet, refraining from potentially backlash-inducing responses, according to a Bloomberg analysis on the 21st (local time). US President Joe Biden has criticized China for xenophobia and publicly pledged to triple the current tariffs on […]
China's Wind Turbine Exports Skyrocketed by 60.2% Despite Market ChallengesAs price competition in China intensifies, the focus is shifting towards exports. Last year, Chinese wind turbine exports saw a significant increase. The European Union (EU) has investigated subsidies for Chinese wind turbines following electric cars and solar power. Chinese companies are speeding up exports in response to intensified domestic market competition. On the 22nd, […]
Saudi Aramco's Top Boss Backs China in Energy Dumping ControversyThe world’s largest oil producer has stepped up to defend China against Western criticism that it dumps solar panels and electric vehicles at rock-bottom prices. According to the Financial Times (FT), Amin Nasser, CEO of Aramco, said at the World Energy Congress (WEC) held in Rotterdam, Netherlands, on the 22nd (local time), “China has greatly […]
U.S.-Philippines Military Drill: A Bold Move Amid South China Sea DisputesOn the 22nd, Major General Marvin Lico of the Philippines (left) and Lieutenant General William Jurney of the U.S. Marine Corps Pacific Command attended the opening ceremony of Balikatan, a joint military exercise between the U.S. and the Philippines, held at the military headquarters in Quezon City, a suburb of Manila. /AFP, United The annual […]
Tesla Slashes Prices on All Models in China Following U.S. ReductionsElectric car company Tesla lowered the sales prices of its three flagship models by $2,000 each in the U.S. market and then dropped the sales prices of all models in China. According to Tesla’s official Chinese website on the 21st, the Model 3 price was reduced from $39,000 to $36,800, a decrease of $2,200. The […]
Will China Become the New EV Powerhouse?Electric cars (including hybrids) accounted for 50.4% of new vehicles sold in China from the 1st to the 14th of this month, outselling diesel and gasoline cars. This shift towards electric vehicles as the mainstream in the car market is attributed to the government’s active support for the electric vehicle industry through subsidies and the […]
Xi Jinping's True Intentions in Serbia In Serbia, a non-sanctioning country against Russia, Xi will clearly express his intention to cooperate with Russia It has been reported that Chinese President Xi Jinping is planning to visit Serbia next month, coinciding with the 25th anniversary of the bombing of the Chinese embassy in Serbia. Bloomberg reported on the 23rd (local time), quoting […]
Gold Fever: China's Investors Spark a Price Rally Since the end of last year, the price of gold has been hitting record highs daily, sparking increased interest in gold-related investments. Searching for today’s gold and gold prices has become a daily routine. However, according to a News1 report on the 24th, citing the British daily Financial Times (FT), the gold price rally may […]
China's Tianqi Lithium Suffers as Lithium Prices Plummet Tianqi Lithium, known as the King of Lithium in China, is expected to record a net loss of $682 million in the first quarter of this year. As a result, Tianqi Lithium’s stock price plummeted to its daily limit. According to Chinese media outlets such as Securities Times on the 24th, Tianqi Lithium announced its […]
Chile Strikes Back: Imposes Anti-Dumping Duties on Chinese Steel The Chilean government has decided to impose anti-dumping duties of up to 33.5% on two types of Chinese steel products that the domestic market with the prices. This comes amid a global trend of countering Chinese products, as evidenced by the U.S. government’s announcement on the 17th to raise tariffs on Chinese steel and aluminum […]
Shein CEO Refutes Environmental Criticisms: Misunderstanding Due to Lack of Communication Donald Tang, Executive Chairman of Shein, has refuted criticism of the company’s environmental pollution, stating, “Our unfavorable reputation is due to a lack of understanding.” According to the French daily newspaper Le Figaro on the 23rd (local time), Tang, who recently visited Paris, France, said in an interview, “The misunderstanding about Shein is mainly because […]
U.S. Prepares Sanctions on Chinese Banks Blinken’s Visit to China Puts Pressure on Policy Shift According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of […]
TikTok Faces U.S. Ban Over National Security Concerns Photo=Newsis The famous Chinese social media app TikTok is facing potential expulsion from the U.S. due to national security concerns. TikTok has vehemently opposed this, arguing that the forced sale being pushed by the U.S. House of Representatives is an oppression of freedom of expression. According to Reuters on April 21, TikTok stated in a […]
Samsung's RISC-V Tech: A Potential Risk to National Security The U.S. government is raising objections to the RISC-V standard that Samsung Electronics (005930) has selected as a future system semiconductor design intellectual property. Unlike traditional Central Processing Units (CPUs) such as ARM and x86, RISC-V is an open-source design, raising concerns that it could be used in China’s semiconductor development. The U.S. government has […]
Apple's China Crisis: iPhone Sales Plunge by 19%, Market Share Declines Apple’s smartphone sales in China for the first quarter of this year have reportedly dropped 19% compared to last year. According to data from market research firm Counterpoint, cited by Reuters on the 23rd (local time), iPhone shipments in China for the first quarter plummeted by 19%, marking the worst performance since 2020. Apple’s market […]
35 and Out: Age Discrimination Rampant in China's Tech Industry As Chinese tech giants struggle with management due to government regulations and economic repression, job opportunities for mid-30s tech workers are rapidly declining, the Financial Times (FT) reported on the 23rd (local time). There’s a growing fear of being laid off in the mid-30s and difficulty in reemployment, leading to the lamentation of 35. The […]
U.S. State Department: North Korea Missile Launch Raises Concern, Will Be Discussed in China Visit Matthew Miller, spokesperson for the U.S. Department of State, briefing on the 22nd. [Photo courtesy of the U.S. Department of State] As U.S. Secretary of State Antony Blinken is set to visit China on the 24th, Department of State Spokesperson Matthew Miller announced on the 22nd (local time below) that the North Korea issue is also on […]
Chile Takes a Stand: Slaps Up to 33.5% Tariff on Chinese Steel Chinese steel exports to Central and South America have increased by 88 times in comparison to the year 2000 The Chilean government has decided to impose anti-dumping duties of up to 33.5% on cheap Chinese steel subsidized by the Chinese government. The Chilean Anti-Competitive Market Distortions Office for the Prevention of Price Distortions announced on the […]
Bubble Tea Billionaires: China's Latest Wealth Phenomenon Bloomberg reported on the 22nd (local time) that the popularity of bubble tea in China has consecutively created billionaires. According to the report, the stocks of Sichuan Baicha Baidao, the third-largest bubble tea chain in China (hereafter referred to as ChaPanda), are set to trade on the Hong Kong stock market starting from the 23rd. […]
Saudi Aramco's CEO: Global Energy Goals Need China's Low-Cost Green Tech As concerns escalated about a second China shock, with China exporting products like solar panels and electric vehicles at bargain prices to countries worldwide, including the U.S. and Europe, Saudi Arabia surprisingly defended China. According to the Financial Times (FT), on the 22nd (local time), Amin Nasser, CEO of Saudi Aramco, the state-owned oil company […]
China Unfazed By Biden's Trade War Despite the United States ramping up its ‘China-bashing’ ahead of the November presidential election, Chinese President Xi Jinping has been relatively quiet, refraining from potentially backlash-inducing responses, according to a Bloomberg analysis on the 21st (local time). US President Joe Biden has criticized China for xenophobia and publicly pledged to triple the current tariffs on […]
China's Wind Turbine Exports Skyrocketed by 60.2% Despite Market Challenges As price competition in China intensifies, the focus is shifting towards exports. Last year, Chinese wind turbine exports saw a significant increase. The European Union (EU) has investigated subsidies for Chinese wind turbines following electric cars and solar power. Chinese companies are speeding up exports in response to intensified domestic market competition. On the 22nd, […]
Saudi Aramco's Top Boss Backs China in Energy Dumping Controversy The world’s largest oil producer has stepped up to defend China against Western criticism that it dumps solar panels and electric vehicles at rock-bottom prices. According to the Financial Times (FT), Amin Nasser, CEO of Aramco, said at the World Energy Congress (WEC) held in Rotterdam, Netherlands, on the 22nd (local time), “China has greatly […]
U.S.-Philippines Military Drill: A Bold Move Amid South China Sea Disputes On the 22nd, Major General Marvin Lico of the Philippines (left) and Lieutenant General William Jurney of the U.S. Marine Corps Pacific Command attended the opening ceremony of Balikatan, a joint military exercise between the U.S. and the Philippines, held at the military headquarters in Quezon City, a suburb of Manila. /AFP, United The annual […]
Tesla Slashes Prices on All Models in China Following U.S. Reductions Electric car company Tesla lowered the sales prices of its three flagship models by $2,000 each in the U.S. market and then dropped the sales prices of all models in China. According to Tesla’s official Chinese website on the 21st, the Model 3 price was reduced from $39,000 to $36,800, a decrease of $2,200. The […]
Will China Become the New EV Powerhouse? Electric cars (including hybrids) accounted for 50.4% of new vehicles sold in China from the 1st to the 14th of this month, outselling diesel and gasoline cars. This shift towards electric vehicles as the mainstream in the car market is attributed to the government’s active support for the electric vehicle industry through subsidies and the […]
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