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BUSINESS5d agoEU and China strike deal to curb car exports and avert trade warBrussels claims Beijing will more than halve hybrid vehicle exports as bloc secures concessions on rare earths and market accessIrish Times World
BUSINESS5d agoEU-China understanding could halve Chinese hybrid car exportsAn understanding between the EU and China has the potential to reduce Chinese hybrid car exports by half. This suggests a significant impact on international trade and the automotive market.Seeking Alpha Tech
BUSINESS5d agoChina and EU avert trade conflict with ‘understanding’ on hybrid carsEuropean trade commissioner says Beijing has agreed to restrict vehicle exports in deal that shows negotiation ‘brings results’Financial Times
BUSINESS5d agoChina and EU agree on hybrid cars, rare earths after trade talksBoth sides said they would adhere to 'procedures concerning company price undertakings' of hybrid cars in a joint statement released on Friday. Beijing also committed to continuing the supply of vital items such as rare earth minerals to the EU.Le Monde [en]
WORLD5d agoChina sentences 41 people to prison over major mine accidentsA court in northern China's Shanxi Province has sentenced 41 people to prison after finding them guilty of multiple offences related to a series of major mine accidents.report_az · azerbaijan
BUSINESS5d agoChina and Europe agree to cut Chinese hybrid vehicle exports by halfEurope's trade chief Maroš Sefčovič cast the two days of talks with China's Commerce Minister Wang Wentao in Beijing as a positive first step.CNBC
BUSINESS5d agoTesla’s China-made EV sales rise as Europe recovery continuesTesla's electric vehicle sales manufactured in China are increasing, coinciding with an ongoing recovery in the European market. This indicates positive sales trends for the company in key international markets.Seeking Alpha Tech
POLITICS5d agoChina urges Nigerian media to uphold one-China principleThe Chinese Embassy has urged Nigerian media organisations to distinguish between reporting on Taiwan and descriptions that could suggest the island is a sovereign country separate from China, prompting discussions on diplomatic sensitivities and editorial independence. Speaking at a meeting with media executives in Lagos, Mr Xu Fan, Director of Bilateral Relations and Commerce at […] The post China urges Nigerian media to uphold one-China principle appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoEU and China clinch deal over cars after heated trade talks as Brussels pushes to rebalance tradeEU Trade Commissioner Maroš Šefčovič described the deal as marking the end of the “first phase” of negotiations. Brussels is pushing for a fundamental rebalancing in trade relations with Beijing.EuroNews [en]
POLITICS5d agoDebunking Alarmist Narratives on the ‘China Air Base’ in LaosThe most widespread narratives regarding the Laos-China Support and Training Center lack evidence and demonstrate a limited understanding of air power.The Diplomat
CYBER5d agoTP-Link Sued by Four More U.S. States Over Router Security and China TiesFour more U.S. states sued router maker TP-Link Systems on October 6, bringing the total to five, with Texas filing a suit in February. Florida, Iowa, Montana and Nebraska allege the California company misled buyers about how secure its routers are and how separate it is from China. TP-Link denies the claims and says it will fight them in court. TP-Link Systems is based inThe Hacker News
POLITICS5d agoChina’s Pacific ties not part of ‘geopolitical rivalry’, Wang Yi tells island leadersChina’s cooperation with the Pacific islands is not part of a geopolitical competition, top diplomat Wang Yi told a delegation of politicians from the region on Friday. The comments come as Beijing and Washington vie for influence in the South Pacific. “China’s engagement with Pacific island countries is a form of South-South cooperation based on mutual assistance and support,” Wang said, according to a statement from the Communist Party’s International Department. “This cooperation does not...South China Morning Post
POLITICS5d agoIs China seeking to restrict Taiwan's cultural presence?From coffee competitions to literature awards, Beijing appears to be working to limit Taiwan's international cultural and political impact.DW News [en]
POLITICS5d agoWhy a ‘confrontational posture’ won’t help China in the ArcticChina should avoid taking a “confrontational posture” over a new security pact between the United States, Denmark and Greenland as it might end up being excluded from engagement on the emerging Arctic order. That was the warning from Shanghai Jiao Tong University’s National Institute of Strategic Studies (NISS), a Chinese think tank, in a report released on Wednesday. It also said the US was unlikely to turn the northern polar region into its “exclusive strategic backyard”. The report noted that...South China Morning Post
MILITARY5d agoWhy Is China Proposing Reciprocal Nuclear Laboratory Visits?While China and the U.S. still disagree on the size of nuclear forces and the path of arms control, can they exchange meaningful information on certain technical issues?The Diplomat
MILITARY5d agoWith war project, US tech ecosystem is beginning to look a lot like China’sThe world’s wealthiest man has just been appointed to a Pentagon commission that will help decide what the future of warfare looks like. Elon Musk, alongside Anduril Industries co-founder Palmer Luckey and former House speaker Newt Gingrich, is to lead “Project Meridian”. It follows a strategy by this White House that moves government and the tech sector ever closer. Project Meridian goes much further than the influence of defence contractors in Washington. It marks the beginning of Silicon...South China Morning Post
BUSINESS5d agoChina and the EU have reached an agreement on hybrid cars, according to BeijingHandelskommissar Maroš Šefčovič bemüht sich um eine Zusage aus Peking, den boomenden Export chinesischer Plug-in-Hybrid-Elektrofahrzeuge nach Europa einzudämmen.Politico Europe
BUSINESS5d agoChina and EU reach ‘understanding’ on hybrid vehicles after crunch trade talksThe European Union and China “reached an understanding” on trade in hybrid electric vehicles during marathon negotiations in Beijing on Friday, China’s commerce ministry said in a statement. Beijing is “willing to continue” fast-tracking licenses for rare earth mineral exports to Europe, while the sides will continue negotiations on reducing tariffs and creating minimum price deals that would allow Chinese electric vehicles to enter the EU market at a lower duty rate, according to the...South China Morning Post
BUSINESS5d agoChina says it reaches ‘understanding’ with EU on hybrid carsTrade Commissioner Maroš Šefčovič says the agreement could prevent millions of Chinese vehicles from entering the European market over the next four years.Politico Europe
BUSINESS5d agoAs China and the EU begin crunch trade talks, optimism is in short supplyObservers on both sides are braced for more turbulence – and mainly hope Beijing and Brussels can avoid a full-blown trade conflictthestar_my · malaysia
BUSINESS5d agoChina’s hotel room rates disappoint during ‘golden week’ despite tourism boomHotel room rates across mainland China fell short of expectations during the National Day “golden week” holiday despite a tourism boom, as company officials and analysts called for stronger asset and revenue management to ease pricing pressure. Hotel tariffs remained largely unchanged from the previous month between October 1 and 7, even as bookings jumped, according to executives at hotel operators and travel agencies. “The days when hotels and resorts could expect a windfall during the...South China Morning Post
BUSINESS5d agoChina rejects yuan complaints, ‘golden week’ travel, Canton FairChina’s central bank rejected claims that the yuan is undervalued, rebutting a key European argument amid crunch negotiations ahead of a possible trade war. “China has no need or intent to gain competitive advantages through currency devaluation, nor has it ever resorted to competitive devaluation,” the People’s Bank of China said in a policy paper on Thursday, printed in both Chinese and English (see the full paper on SCMP Plus). “China’s trade growth is driven by its growing industrial...South China Morning Post
HEALTH5d agoRussia lifts plague lab-related measures. Should China – and the world – be relieved?South China Morning Post
BUSINESS5d agoChina state funds double down on Hua Hong in legacy chip pushChinese state funds are ramping up support for the country’s second-largest contract chipmaker, pouring billions of yuan into the parent of Hua Hong Grace Semiconductor and a new manufacturing facility to fuel Beijing’s drive for self-reliance in mature-node chips. The capital blitz, spanning Hua Hong’s Shanghai-based parent company and a fabrication plant in Wuxi, highlights how government-coordinated financing is doubling down on domestic foundries, as Washington tightens technology...South China Morning Post
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