U.S. to Restrict Sale of Strategic Petroleum Reserves to ChinaThe U.S. Congress is pushing for a measure to prohibit the sale of strategic petroleum reserves to China. According to industry sources, on the 10th, U.S. bipartisan leaders agreed on the 3rd to continue operating a significant portion of government functions until the end of the fiscal year 2023 (October 2023 to September 2024) to […]
EU Finds Evidence of Chinese Government Unfairly Providing SubsidiesThe EU’s European Commission announced that after months of investigation, it had found evidence that the Chinese government was unfairly providing subsidies for electric vehicles exported to Europe through direct fund transfers. In October 2023, Europe began an official investigation into China’s electric vehicle industry. As European companies enter the European Union, they are competing […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV IndustryRecently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
[Debate] Will Chinese Electric Vehicles Take Over the European Market?Wariness against Chinese electric vehicles and concerns over the rising market share of Chinese electric vehicles in EuropeEU has predicted a response to Chinese electric vehicle companies through an anti-subsidy investigation Discrimination against Chinese electric vehicles begins in Europe According to reports from Chinese business media Caixin and Reuters, the European Union (EU) is establishing […]
Xi Jinping Commands Strengthening Strategic Capabilities in Cyber Defense and Space to Improve Nationa Defense PowerChinese President Xi Jinping, who also serves as the chairman of the Central Military Commission and the military commander in China, has ordered a comprehensive strengthening of strategic capabilities in emerging industries such as cyber defense and space to improve national defense power. As reported by the state-run China Central (CC)TV, during the plenary meeting […]
South Korea Expresses Concern Over South China Sea CollisionLim, the spokesperson for the Ministry of Foreign Affairs, is seen giving a regular briefing at the Ministry of Foreign Affairs in Jongno District, Seoul, on the afternoon of January 16./Yonhap News South Korea’s Ministry of Foreign Affairs expressed concern over the heightened tension following a collision between Chinese and Philippine vessels in the South […]
China's Military Ambitions Soar: Fourth Aircraft Carrier Possibly Nuclear-PoweredThe admiral of the Chinese People’s Liberation Army Navy declared in Hong Kong media Accelerating its military power, China did not deny the speculation that the fourth aircraft carrier currently under construction will be nuclear-powered. A senior officer of the Chinese Navy confirmed that the fourth aircraft carrier is under construction and announced that related […]
Leftover Pizza Horror: Woman's Vomiting Leads to Emergency Brain Surgery - Here's WhyWoman Exposed to Listeria After Eating Leftover PizzaWakes Up with Severe Headache and VomitingUndergoes Emergency Brain Surgery and is Now Recovering A woman in her 30s suffered severe headaches and vomiting after consuming leftover pizza stored in the refrigerator. According to the online media outlet Sanook on the 4th (local time), a woman living in […]
Elon Musk's Tesla Faces Setbacks: Stock Plummets Amid Factory SabotageTesla’s stock price has taken a severe hit, with its market capitalization evaporating by over $76 billion in just two days. This is mainly due to a series of setbacks in China and Germany, coupled with a global slowdown in the growth of the electric vehicle market. On May 5 (local time), Tesla’s stock closed […]
Philippines Summons Chinese Diplomats After Sea CollisionThe Philippine government summoned the Chinese diplomats to lodge an official protest concerning the collision between the Chinese and their coast guard vessels in the disputed South China Sea on the 5th. The coast guard vessels of China and the Philippines are in a territorial dispute over the South China Sea. The size of each […]
Japan's Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China DependencyAccording to a report by Nikkei Newspaper on the 5th, Japan’s Mitsubishi Corporation is set to develop lithium mines in North America in a joint venture with a Canadian mining company. Mitsubishi Corporation will invest in a joint venture established by Frontier Lithium, a Canadian company that owns the mining rights to North American lithium […]
Chinese Rapper Accused of Spreading STD to 4 Different WomenChinese rapper Young Jack is accused of transmitting an STD to four different women and disappearing without paying medical bills. Chinese rapper Young Jack is facing allegations from 4 women who are accusing him of spreading a sexually transmitted disease and failing to pay the medical bills. A woman on Weibo claimed that Young Jack […]
China's Defense Budget Exceeds $250 Billion Amidst Heightened US CompetitionIt was set at approximately $257 billion, a 7.2% increase from last yearThe peaceful reunification with Taiwan is omittedAs was the case last year, the Korean Peninsula is not mentioned On March 5th, Chinese People’s Liberation Army soldiers marched outside the Great Hall of the People in Beijing after the opening ceremony of the second […]
Philippine Ship Damaged in Latest South China Sea Clash with ChinaThe Coast Guard vessels and ships from the two nations are acutely confrontingPhilippines insists on the damage of such as the hullChina is firmly confronting, saying it was an appropriate action In the disputed waters of the South China Sea, a Chinese coast guard vessel and a Philippine ship have collided once again. At this […]
Xi Jinping's Economic Policies Under Scrutiny as Chinese Growth Targets Fall ShortPresident Xi Jinping (left) and Premier Li Qiang of China are entering the second session of the 14th National People’s Congress (NPC), which opened at the Great Hall of the People in Beijing on the 5th. EPA Yonhap News Disappointment is getting deeper as the Chinese government set this year’s economic growth rate at 5%, […]
Enraged Husband Seeks Revenge After Discovering His Wife Had 26 Partners Before MarriageA wife’s past unravels after 18 years of marriage.She had 26 sex partners before they were married. “I, too, will sleep with 26 women.” According to a report by the Daily Mirror, a wife of an 18-year marriage in Zhangjiakou, China, was revealed to have slept with 26 men before marriage, igniting her husband’s desire […]
Goldman Sachs CIO Warns Against Investing in the Chinese MarketOn the 5th, police officers are saluting at the flagpole in front of the People’s Hall in Beijing, China. AP Yonhap News The Chief Investment Officer (CIO) of Goldman Sachs, a representative investment bank on Wall Street, warned against investing in the Chinese market at this time. He cited difficulties in sectors that have been […]
China to Increase Defense Spending Amid US Supply Chain ExclusionImplies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
Elon Musk Beleaguered as Tesla Stocks Plummet and Lawsuits AriseElon Musk(photo) is battling on two fronts, in court and business. Following a defeat in a Tesla stock option lawsuit worth $56 billion, retired executives from X (formerly Twitter) have filed a lawsuit demanding $128 million in severance pay. An investigation into violations of securities laws by the U.S. Securities and Exchange Commission (SEC) is […]
Philippines Stands Firm Against China's Actions in South China SeaPresident speaks at an auxiliary opening event of the ASEAN-Australia special summit held in Melbourne The Philippine government has declared that it will not succumb to threats from China in the “disputed waters” of the South China Sea and will defend its “own territory.” President Ferdinand Marcos of the Philippines revealed this at an auxiliary […]
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