China’s exports surged beyond expectations in July, as exporters raced to ship goods ahead of looming international tariffs, providing a temporary boost to the world’s second-largest economy amid ongoing global trade tensions. According to data released by the General Administration of Customs on Thursday, exports rose 7.4% year-on-year, significantly beating economists’ forecasts of a modest […]
South Korea will allow visa-free entry for Chinese tourists starting in late September, a major policy shift aimed at reviving its tourism sector and improving strained diplomatic ties with Beijing. The announcement, made by the Ministry of Culture, Sports and Tourism on Tuesday, marks the first time in years that Chinese travelers will be permitted […]
Indonesia is pivoting toward China as a key export destination for its shrimp industry, following the imposition of steep anti-dumping tariffs by the United States that threaten to undercut one of Southeast Asia’s largest seafood exporters. The U.S. Department of Commerce recently announced duties of up to 160% on Indonesian shrimp, citing evidence of unfair […]
lawmaker has raised alarm over Intel CEO Pat Gelsinger’s alleged ties to China, urging the company’s board to address potential national security and corporate governance concerns, according to an exclusive letter obtained by reporters. The letter, sent by Rep. Mike Gallagher, chair of the House Select Committee on the Chinese Communist Party, questions Gelsinger’s interactions […]
In a landmark defense deal signaling deepening military cooperation, Japan has signed a $6.5 billion agreement with Australia to supply next-generation warships, marking one of its largest-ever arms exports and a significant move to counter China’s expanding presence in the Indo-Pacific region. The deal, finalized in Tokyo on Tuesday, will see Japanese shipbuilder Mitsubishi Heavy […]
A former parliamentary aide to a prominent far-right lawmaker went on trial in Berlin on Monday, facing charges of spying for Chinese intelligence services in a case that has sent shockwaves through Germany’s political establishment. The accused, identified only as Jian G. under German privacy laws, allegedly passed sensitive information to China’s Ministry of State […]
In a significant step toward easing the financial burden on families and boosting early childhood education, the Chinese government has announced a new policy to waive or reduce tuition fees for pre-school children across the country. The initiative, unveiled by the Ministry of Education on Monday, is part of a broader strategy to expand access […]
In a bid to shape the future of artificial intelligence on the world stage, China has unveiled a proposal for a new international AI governance group positioning itself as a leader in global tech diplomacy while the United States continues to chart its own independent course. The proposal, announced at a high-level forum in Beijing, […]
Former White House economic adviser Kevin Hassett has revealed that Donald Trump is seeking to reshape the Bureau of Labor Statistics (BLS) with loyal appointees, following the abrupt dismissal of its commissioner an unprecedented move that has sparked concern among economists and statisticians. “President Trump wants his own people in there,” Hassett told reporters, referring […]
More than a decade after trying to manufacture smartphones in the United States, a pioneering tech entrepreneur is speaking out offering hard-earned wisdom to companies now attempting to do what he once found nearly impossible. Gregg Steinhafel, a former executive who spearheaded a failed attempt to build smartphones domestically during the early 2010s, says the […]
