Mexico Rises as the New Manufacturing PowerhouseAs the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
China Welcomes Korean Companies' Investment Expansion: SK Group's CommitmentAccording to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Nanny in China Abuses Infant and Refuses to ApologizeScreenshot from China Network A troubling case of child abuse has surfaced in Hunan, China, where a nanny was caught on video mistreating an 8-month-old baby. According to a report from China Network on the 30th, a video released by the baby’s family shows the nanny suddenly picking up the baby and forcefully throwing the […]
Electric Car Crash in China Claims 3 LivesElectric vehicle collision accident scene. Social media capture An accident occurred on a highway in China when an electric vehicle collided with a truck ahead, resulting in the death of all three passengers. Allegations have surfaced that the vehicle’s doors did not open, and the airbags did not deploy during this incident. According to the […]
Hildegard Müller Warns Against Trade Barriers with ChinaAccording to an interview article by China Daily on April 29, 2024, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), has stated that the European Union’s actions against Chinese electric vehicles, such as additional tariffs, will not resolve the challenges faced by the European automotive industry. The VDA did not […]
Elon Musk and Chinese Premier Li Qiang Discuss Tesla's Bright Future in ChinaAs reported by China Daily, Tesla CEO Elon Musk met with Chinese Premier Li Qiang on April 28, 2024, during the 2024 Auto China Convention. Premier Li stated that Tesla’s growth in China is a successful example of trade cooperation between the U.S. and China. He expressed his hope for continued collaboration in the same […]
New Trend in China: 'Single Love' and 'Suicidal Singleness'Momo and Chen, both from Shenzhen, Guangdong Province in China, have been each other’s first love for two years. However, to others, they seem more like acquaintances than a couple. Living in different regions, they meet once or twice a week, and each pays for the expenses for their dates. Additionally, they consider affectionate conversations […]
Climate Change at its Finest: Deadly Tornado Hits ChinaVideos online are revealing the force of the tornado in Guangzhou, China, which resulted in five fatalities. Amid the tornado, building debris flew around like tissue paper, sparks emitted from power lines, and large hailstones the size of fists fiercely pelted the roads. According to foreign media, including the South China Morning Post (SCMP), on […]
Possible US Security Threats: North Korea, Iran, and RussiaNorth Korea has dispatched a high-level delegation to Iran, which was on the brink of a direct conflict with Israel. They also released a statement criticizing the ROK-US joint exercises and downplaying Russia. There is analysis that North Korea, Iran, and Russia are strengthening trilateral cooperation through missile technology and weapons. According to the Rodong […]
Elon Musk's Secret Trip to Beijing: A Game Changer for Tesla?CEO Elon Musk has secretly headed to Beijing. According to Reuters, on the 28th, Elon Musk plans to meet with high-ranking officials in Beijing, China, to discuss the Full Self-Driving (FSD) software launch in the country. He also aims to gain approval to transfer data collected in China to train algorithms necessary for Tesla’s autonomous […]
Tesla Breaks Barrier in China: FSD Software Likely to Enter Market After Inspection ApprovalModel 3 and Model Y Produced at Shanghai Gigafactory Pass the InspectionTesla, the Only Foreign Company to Pass For the first time, Chinese authorities have granted Tesla a compliance certificate for data security, which is the first for a foreign company. This green light paves the way for the introduction of Tesla’s Full Self-Driving (FSD) […]
US, Korea, and Japan Unite Against Threats from North Korea, China, and RussiaSouth Korea, the United States, and Japan have repeatedly affirmed their collective security goal of maintaining the status quo. In particular, all three countries sent messages aimed at North Korea, China, and Russia, expressing their strong will to maintain peace and stability in the region. According to the South Korean Ministry of National Defense on […]
EU's Surprise for Xi Jinping: Raid on Chinese CompaniesA series of investigations into Chinese companies in Europe may deepen the conflict over subsidy disputes.Foreign companies are required to report subsidies received within three years for EU public tenders.The nine-month probe focuses solely on “Chinese,”indicating a potential escalation of the issue on the future agenda. According to Bloomberg and the South China Morning Post […]
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 […]
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