Macron, Xi, and Von der Leyen: A Trilateral Meeting of PowerFrench President Emmanuel Macron, Chinese President Xi Jinping, and Ursula von der Leyen, President of the European Commission, held a trilateral meeting on the 6th (local time) to discuss trade and the war in Ukraine. According to Yonhap News, Macron welcomed the two leaders at the Élysée Palace in the morning. He shared, “The international […]
Differences in China's Approach Strategy Between US and EUChina is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
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 […]
EU vs. Russia: Kremlin Stands Firm Against Sanctions on LNG TradeRussia has shown the will to overcome the sanctions imposed by the European Union (EU). The Kremlin in Russia announced on the 27th that it would find a way to overcome the illegal sanctions imposed by the EU on the liquefied natural gas (LNG) business. An EU official announced last Thursday that the EU Executive […]
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 […]
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 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, […]
Digital Trade War That May Spice Up the Digital EraThe digital trade war targeting U.S. tech giants is intensifying worldwide. Alongside the European Union (EU) overtly implementing the Digital Market Act (DMA), traditional U.S. allies such as Canada and Japan are also pushing extensive tech regulations. Following Huawei, China, on the verge of losing TikTok, fiercely retaliates across all sectors, including semiconductors and software. […]
EU Decides to Impose More Sanctions Against Iran, Targeting Missile and Drone ProductionPreventing large-scale Israeli retaliation is keyEU foreign ministers to discuss further on May 22 Leaders of the 27 European Union (EU) countries agreed on the 17th (local time) to strengthen sanctions against Iran, which attacked Israel. EU member states attended a special EU summit in Brussels, Belgium, where they decided to tighten sanctions against Iran […]
EU Leaders Unite Against Iran, Call for Tougher SanctionsEuropean Union (EU) Leaders have agreed to tighten sanctions against Iran amid escalating tensions in the Middle East over Iran’s retaliatory attack on Israel. According to Reuters on January 17 (local time), EU leaders condemned Iran’s attack and reaffirmed their support for Israel’s security at the special EU summit held in Brussels, Belgium. They also […]
Chinese Railroad Company Pulls Out of Bulgaria as EU Probes Into Unfair Subsidy BeginsA Chinese state-owned company, which had won a public tender project in Bulgaria, a member of the European Union (EU), has abandoned the contract after initiating an EU investigation into unfair subsidies. The EU Commission announced on the 26th (local time) that CRRC Qingdao Sifang, a subsidiary of CRRC, withdrew from the tender contract for […]
EU Pressures Big U.S. Tech Companies: Apple, Google, Meta Under ScrutinyThe European Union (EU) has launched an investigation into big tech corporations just 18 days after initiating the Digital Markets Act (DMA). The companies under scrutiny are Apple, Google (Alphabet), and Meta, with the EU examining whether these corporations have violated the DMA regarding allowing external payments, search exposure, and personal data collection. The companies […]
U.S., EU on High Alert: Heightened Security Measures Post-Russian 'Terrorism'France Elevates Anti-Terror Alert to Highest LevelPoland, Adjacent to Ukraine, Strengthens SecurityItaly Increases Security Measures Ahead of EasterU.S. Prepares for Potential Cross-Border Terrorists Following the shooting attack by an armed group in Moscow, Russia, the United States and major Western European countries have successively intensified their anti-terrorism security measures. The United States, concerned about terrorist […]
Why North Korean Human Rights Concern International Community: 3 Key Reasons It Matters - Part 2The second reason is the dimension of shared values of humanity. Because the foundation of the modern international community is human rights, following the UN Charter and the Universal Declaration of Human Rights, human rights are not a value that only a specific group or country should protect, but humanity should follow together. Therefore, human […]
Apple Faces Antitrust Probe from U.S. and EU Authorities, Threatened with SanctionsApple Faces Sanctions from U.S. and European Regulatory AuthoritiesCompeting in the Market with Advanced Technology Apple, the manufacturer of the iPhone, is now under sanctions from U.S. and European regulatory authorities. Apple’s closed ecosystem has come under scrutiny. According to the Financial Times, on the 21st (local time), the U.S. Department of Justice and 16 […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western FirmsAs Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
[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 […]
Switzerland Joins EU Sanctions Against Russia, Including North Korea Switzerland has joined the European Union sanctions, imposing additional sanctions on companies and individuals in Russia and North Korea...
Tesla Opens Up Superchargers: Charging Revolution Sweeping EuropeTesla opens 500+ Superchargers to other EV brands in Europe, except Eastern Europe and the Balkans, expanding charging options.
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Macron, Xi, and Von der Leyen: A Trilateral Meeting of Power French President Emmanuel Macron, Chinese President Xi Jinping, and Ursula von der Leyen, President of the European Commission, held a trilateral meeting on the 6th (local time) to discuss trade and the war in Ukraine. According to Yonhap News, Macron welcomed the two leaders at the Élysée Palace in the morning. He shared, “The international […]
Differences in China's Approach Strategy Between US and EU China is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
Hildegard Müller Warns Against Trade Barriers with China According 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 […]
EU vs. Russia: Kremlin Stands Firm Against Sanctions on LNG Trade Russia has shown the will to overcome the sanctions imposed by the European Union (EU). The Kremlin in Russia announced on the 27th that it would find a way to overcome the illegal sanctions imposed by the EU on the liquefied natural gas (LNG) business. An EU official announced last Thursday that the EU Executive […]
EU's Surprise for Xi Jinping: Raid on Chinese Companies A 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 […]
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 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, […]
Digital Trade War That May Spice Up the Digital Era The digital trade war targeting U.S. tech giants is intensifying worldwide. Alongside the European Union (EU) overtly implementing the Digital Market Act (DMA), traditional U.S. allies such as Canada and Japan are also pushing extensive tech regulations. Following Huawei, China, on the verge of losing TikTok, fiercely retaliates across all sectors, including semiconductors and software. […]
EU Decides to Impose More Sanctions Against Iran, Targeting Missile and Drone Production Preventing large-scale Israeli retaliation is keyEU foreign ministers to discuss further on May 22 Leaders of the 27 European Union (EU) countries agreed on the 17th (local time) to strengthen sanctions against Iran, which attacked Israel. EU member states attended a special EU summit in Brussels, Belgium, where they decided to tighten sanctions against Iran […]
EU Leaders Unite Against Iran, Call for Tougher Sanctions European Union (EU) Leaders have agreed to tighten sanctions against Iran amid escalating tensions in the Middle East over Iran’s retaliatory attack on Israel. According to Reuters on January 17 (local time), EU leaders condemned Iran’s attack and reaffirmed their support for Israel’s security at the special EU summit held in Brussels, Belgium. They also […]
Chinese Railroad Company Pulls Out of Bulgaria as EU Probes Into Unfair Subsidy Begins A Chinese state-owned company, which had won a public tender project in Bulgaria, a member of the European Union (EU), has abandoned the contract after initiating an EU investigation into unfair subsidies. The EU Commission announced on the 26th (local time) that CRRC Qingdao Sifang, a subsidiary of CRRC, withdrew from the tender contract for […]
EU Pressures Big U.S. Tech Companies: Apple, Google, Meta Under Scrutiny The European Union (EU) has launched an investigation into big tech corporations just 18 days after initiating the Digital Markets Act (DMA). The companies under scrutiny are Apple, Google (Alphabet), and Meta, with the EU examining whether these corporations have violated the DMA regarding allowing external payments, search exposure, and personal data collection. The companies […]
U.S., EU on High Alert: Heightened Security Measures Post-Russian 'Terrorism' France Elevates Anti-Terror Alert to Highest LevelPoland, Adjacent to Ukraine, Strengthens SecurityItaly Increases Security Measures Ahead of EasterU.S. Prepares for Potential Cross-Border Terrorists Following the shooting attack by an armed group in Moscow, Russia, the United States and major Western European countries have successively intensified their anti-terrorism security measures. The United States, concerned about terrorist […]
Why North Korean Human Rights Concern International Community: 3 Key Reasons It Matters - Part 2 The second reason is the dimension of shared values of humanity. Because the foundation of the modern international community is human rights, following the UN Charter and the Universal Declaration of Human Rights, human rights are not a value that only a specific group or country should protect, but humanity should follow together. Therefore, human […]
Apple Faces Antitrust Probe from U.S. and EU Authorities, Threatened with Sanctions Apple Faces Sanctions from U.S. and European Regulatory AuthoritiesCompeting in the Market with Advanced Technology Apple, the manufacturer of the iPhone, is now under sanctions from U.S. and European regulatory authorities. Apple’s closed ecosystem has come under scrutiny. According to the Financial Times, on the 21st (local time), the U.S. Department of Justice and 16 […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western Firms As Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
[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 […]
Switzerland Joins EU Sanctions Against Russia, Including North Korea Switzerland has joined the European Union sanctions, imposing additional sanctions on companies and individuals in Russia and North Korea...
Tesla Opens Up Superchargers: Charging Revolution Sweeping Europe Tesla opens 500+ Superchargers to other EV brands in Europe, except Eastern Europe and the Balkans, expanding charging options.
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