China Denounces U.S. Sanctions on Chinese Firms Amid Expanded Russia Sanctions

On Thursday, China expressed strong opposition to unilateral sanctions imposed by the United States on several Chinese companies. This move by the U.S. came as part of its broader sanctions on Russia ahead of the G7 summit in Italy. Beijing urged Washington to contribute constructively to ending the war in Ukraine and restoring peace. Experts […]

Norwegian Company Uncovers Europe’s Largest Rare Earth Element Deposit

Norwegian mining company Rare Earths Norway (REN) has announced a significant discovery: Europe’s largest proven deposit of rare earth elements, following three years of exploration. The Fen Carbonatite Complex in southeast Norway, according to REN, contains an estimated 8.8 megatons of rare earth oxides with promising prospects for economic extraction. Within this deposit, there are […]

French Cognac Makers ‘Deeply Concerned’ After EU Slaps Tariffs on Chinese EVs

French cognac producers are expressing deep concern following the European Commission’s decision to impose tariffs on imported Chinese electric vehicles. This move has heightened worries among French cognac makers, particularly in light of an ongoing Chinese probe into European cognac imports. The European Commission announced its intention to levy additional duties, ranging up to 38.1%, […]

55-Year-Old Man Arrested in China After Stabbing Four US University Instructors in Rare Attack

Chinese police have arrested a 55-year-old man following a rare attack on foreigners that left four American university instructors injured at a public park in Jilin province. The victims, all faculty members from Iowa’s Cornell College, were stabbed by the assailant during a daytime visit to Beishan Park, according to a statement from the college. […]

China’s Flying Car Sector Ready for Liftoff

The concept of flying cars has long been a staple of science fiction, but China is transforming this dream into reality. With advancements in technology, supportive government policies, and significant investments, China’s flying car sector is poised for a major takeoff. Technological Advancements China’s rapid technological progress is a driving force behind the development of […]

Biden and Macron Target China Amid Middle East Tensions

In a significant diplomatic development, US President Joe Biden and French President Emmanuel Macron have focused their attention on China during Biden’s recent visit to France. Amid rising tensions in the Middle East and uncertainties about the future of US alliances, the two leaders addressed key issues involving China, highlighting the evolving geopolitical landscape. Strengthening […]

CATL Tops China’s Corporate Subsidies List, Outranking Oil Majors

Beijing — In a surprising shift within China’s corporate landscape, Contemporary Amperex Technology Co. Limited (CATL), the world’s leading electric vehicle (EV) battery manufacturer, has emerged as the top recipient of government subsidies, surpassing the country’s traditionally dominant oil majors. This development underscores the Chinese government’s strategic pivot towards sustainable energy and the burgeoning EV […]