China-Australia Relations are Growing, Says Global Foundation
The political and economic relationship between China and Australia is strengthening, offering hope for the future, according to Steve Howard, Secretary General of the Global Foundation.
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Ecognosis CEO Dismisses Claims of China’s Overcapacity in New Energy Sector
Ecognosis Advisory CEO Andrew Freris calls accusations of overcapacity in China’s new energy manufacturing industry “nonsensical,” emphasizing the country’s robust export capabilities.
NextEra CEO Warns Biden’s China Tariffs Could Hinder U.S. Green Transition
NextEra Energy Resources warns that President Biden’s proposed tariffs on clean energy technologies from the Chinese mainland could hinder the U.S. green transition by raising consumer costs.
Elon Musk’s $56 Billion Payday in Question Despite Shareholder Approval
Tesla CEO Elon Musk’s $56 billion compensation package gains shareholder approval but faces legal uncertainties, leaving his monumental payday in question.
Experts Warn EU’s Tariffs on Chinese EVs May Have Broad Negative Effects
Experts express concern over the EU’s proposed tariffs on Chinese electric vehicles, warning of broad negative effects and potential WTO rule violations.
Toyota Extends Production Halt of Scandal-Hit Models Amid Ongoing Investigations
Toyota extends production suspension of three models amid ongoing investigations into testing irregularities, with production halted until at least July 31 as internal and ministry probes continue.
Premier Li Qiang’s Visit Revitalizes China-Australia Relations
Chinese Premier Li Qiang’s recent visit to Australia marks a significant step in strengthening ties between the two nations, fostering cooperation, and promoting regional peace and development.
China’s STAR Market Overcomes Early Challenges to Shine in Global Finance
China’s STAR Market on the Shanghai Stock Exchange overcomes early challenges, achieving significant growth and becoming a vital platform for innovation and fundraising in China’s financial sector.
Straits Forum in Fujian Boosts Cross-Strait Youth Exchanges and Integration
The Straits Forum in Fujian Province is deepening cross-strait integration and youth exchanges, promoting cooperation between the Chinese mainland and the Taiwan region in various fields.
China and Myanmar Strengthen Ties with New Lancang-Mekong Cooperation Agreement
China and Myanmar have signed a cooperation agreement under the Lancang-Mekong Cooperation Special Fund 2024, marking 74 years of diplomatic ties and implementing 12 development projects in Myanmar.
Saudi Arabia’s PIF and France’s Ardian to Acquire 37.6% Stake in Heathrow Airport
Saudi Arabia’s PIF and France’s Ardian are set to acquire a 37.6% stake in Heathrow Airport’s largest shareholder for £3.3 billion ($4.1 billion), marking significant investment in global infrastructure.
China’s New Yuan Loans Reach 11.14 Trillion Yuan in First Five Months of 2024
China’s banks extended 11.14 trillion yuan ($1.54 trillion) in new loans from January to May 2024, reflecting efforts to stimulate economic growth. The People’s Bank of China reports significant rises in money supply indicators.
EU Tariffs on Chinese EVs: A Double-Edged Sword for Europe
The EU’s new tariffs on Chinese electric vehicles may strain trade relations, impact consumers, and hinder environmental goals. Is this protectionist move a boon or bane for Europe?
UN Chief Guterres Warns Against Splitting World Into Rival Trade Blocs
UN Secretary-General Antonio Guterres warns that escalating geopolitical rivalries and new trade barriers risk splitting the world into rival trade blocs, urging nations to prioritize unity and cooperation.
German Auto Industry Opposes EU Tariffs on Chinese Electric Vehicles
The German Association of the Automotive Industry opposes the European Commission’s new tariffs of up to 38.1% on electric vehicles from the Chinese mainland, citing concerns over trade conflicts.
Belgian-Chinese Chamber Chairman Warns Against New Trade Barriers
Bernard Dewitm, chairman of the Belgian-Chinese Chamber of Commerce, cautions Europe against imposing additional taxes on imports, warning that such measures could lead to mutual trade barriers and economic regression.
China and New Zealand Forge Stronger Ties for Mutual Prosperity
China and New Zealand are celebrating a decade of comprehensive strategic partnership, strengthening political ties and expanding cooperation for mutual benefit and prosperity.
EU’s Proposed Tariffs on Chinese EVs Could Backfire
The EU plans to impose tariffs of up to 38.1% on Chinese EV imports, a move that experts warn could harm both Europe and China’s interests.
China Condemns Türkiye’s Tariff Hike on Chinese Vehicles, Vows to Defend Interests
China has strongly opposed Türkiye’s imposition of additional duties on Chinese vehicles, vowing to protect its enterprises’ interests and urging Türkiye to lift the discriminatory tariffs.
Boeing Inspects Undelivered 787 Dreamliners After Discovering Fastener Issues
Boeing is inspecting undelivered 787 Dreamliners after finding fastener installation issues, ensuring aircraft meet safety standards before delivery. Planes in service remain unaffected.