Ethan Zhao
Senior Reporter
The Latest
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EU Approves Tariffs on Chinese EVs, Exposing Internal Divisions and Trade Tensions with Beijing
The European Union (EU) has approved hefty tariffs on Chinese-made electric vehicles (EVs), pressing ahead despite internal divisions within the bloc and fierce opposition from China. The EU's executive body announced the move on Friday, following a pivotal vote among member states. The tariffs, which could reach as high as 45%, are intended to counter what the EU views as unfair subsidies provided by the Chinese government to its domestic carmakers. The measures are set to take effect next month and will remain in place for five years. The European Union (EU) has approved hefty tariffs on Chinese-made electric vehicles (EVs), pressing ahead despite internal divisions within the bloc and fierce opposition from China. The EU's executive body announced the move on Friday, following a pivotal vote among member states. The tariffs, which could reach as high as 45%, are intended to counter what the EU views as unfair subsidies provided by the Chinese government to its domestic carmakers. The measures are set to take effect next month and will remain in place for five years. -
China Warns of Regional Instability as Iran and Israel Conflict Intensifies
Tensions in the Middle East skyrocket after Iran launches nearly 200 missiles at Israel, with Beijing calling for immediate de-escalation to prevent a wider regional conflict. Tensions in the Middle East skyrocket after Iran launches nearly 200 missiles at Israel, with Beijing calling for immediate de-escalation to prevent a wider regional conflict. -
Japan’s New Prime Minister Eyes ‘Asian NATO,’ But Allies Push Back
Amid rising concerns of North Korea’s growing military ties with Russia, Japan’s Prime Minister pushes for a nuclear deterrence strategy, sparking fears of escalating tensions across Asia. Amid rising concerns of North Korea’s growing military ties with Russia, Japan’s Prime Minister pushes for a nuclear deterrence strategy, sparking fears of escalating tensions across Asia. -
CIA Targets China, Iran, and North Korea in Expanded Recruitment Push Amid Global Tensions
The CIA has broadened its recruitment efforts to attract informants in China, Iran, and North Korea, extending an initiative that has already seen some success in Russia. The move reflects U.S. intelligence agencies' growing need for insights into authoritarian regimes that are increasingly opaque and critical to U.S. foreign policy. The CIA has broadened its recruitment efforts to attract informants in China, Iran, and North Korea, extending an initiative that has already seen some success in Russia. The move reflects U.S. intelligence agencies' growing need for insights into authoritarian regimes that are increasingly opaque and critical to U.S. foreign policy. -
Japan’s New Prime Minister Shigeru Ishiba Vows to Strengthen Defense Ties and Boost Economy
Japan's newly appointed Prime Minister Shigeru Ishiba has outlined an ambitious agenda to strengthen national defense and invigorate the economy as he steps into leadership amid escalating regional tensions and domestic challenges. Elected as the head of the ruling Liberal Democratic Party (LDP) last week, Ishiba's ascent comes on the heels of his predecessor Fumio Kishida's resignation amid corruption scandals that plagued his administration. Japan's newly appointed Prime Minister Shigeru Ishiba has outlined an ambitious agenda to strengthen national defense and invigorate the economy as he steps into leadership amid escalating regional tensions and domestic challenges. Elected as the head of the ruling Liberal Democratic Party (LDP) last week, Ishiba's ascent comes on the heels of his predecessor Fumio Kishida's resignation amid corruption scandals that plagued his administration. -
Beijing Eases Homebuying Rules as China Ramps Up Efforts to Stabilize Property Market
Beijing, alongside other major Chinese cities, has moved to ease home purchase restrictions in a bid to stimulate demand in the struggling property market. On Monday, Beijing announced new measures aimed at reducing the financial barriers for homebuyers, following similar moves by Shanghai and Shenzhen. Beijing, alongside other major Chinese cities, has moved to ease home purchase restrictions in a bid to stimulate demand in the struggling property market. On Monday, Beijing announced new measures aimed at reducing the financial barriers for homebuyers, following similar moves by Shanghai and Shenzhen. -
China Stocks Soar in Biggest One-Day Rally Since 2008 Amid Aggressive Stimulus Push
Chinese stocks experienced their most significant single-day rally in 16 years on Monday, with domestic A-shares hitting an all-time high turnover. This came as investors rushed to capitalize on Beijing's latest wave of aggressive stimulus measures aimed at reviving a sluggish economy. The stimulus, which includes substantial rate cuts and fiscal support, has lit a fire under Chinese equities, pushing the CSI300 blue-chip index to an 8.5% gain at the close, marking a 25% surge in just five days. Chinese stocks experienced their most significant single-day rally in 16 years on Monday, with domestic A-shares hitting an all-time high turnover. This came as investors rushed to capitalize on Beijing's latest wave of aggressive stimulus measures aimed at reviving a sluggish economy. The stimulus, which includes substantial rate cuts and fiscal support, has lit a fire under Chinese equities, pushing the CSI300 blue-chip index to an 8.5% gain at the close, marking a 25% surge in just five days. -
China Responds to U.S.-Led Naval Exercises with New Military Patrols in Disputed South China Sea
In a show of military cooperation, the armed forces of five countries, including the United States, Japan, Australia, New Zealand, and the Philippines, conducted joint maritime exercises in the South China Sea over the weekend. In a show of military cooperation, the armed forces of five countries, including the United States, Japan, Australia, New Zealand, and the Philippines, conducted joint maritime exercises in the South China Sea over the weekend. -
Shigeru Ishiba Elected Japan’s New Prime Minister Amid Political and Security Shifts
Shigeru Ishiba, a former Defense Minister, has been elected as the leader of Japan's ruling Liberal Democratic Party (LDP), setting him up to become the next Prime Minister. His election comes at a crucial time as Japan faces growing security threats from its regional neighbors and significant economic challenges at home. The LDP, which has maintained nearly continuous control over Japanese politics since World War II, saw Ishiba's more centrist stance as an opportunity to regain public trust after a series of scandals that plagued outgoing Prime Minister Fumio Kishida's government. Shigeru Ishiba, a former Defense Minister, has been elected as the leader of Japan's ruling Liberal Democratic Party (LDP), setting him up to become the next Prime Minister. His election comes at a crucial time as Japan faces growing security threats from its regional neighbors and significant economic challenges at home. The LDP, which has maintained nearly continuous control over Japanese politics since World War II, saw Ishiba's more centrist stance as an opportunity to regain public trust after a series of scandals that plagued outgoing Prime Minister Fumio Kishida's government. -
Chinese Nuclear Submarine Sank at Dock, Satellite Images Reveal
The Zhou-class submarine, China's first of its kind, reportedly sank while docked at the Wuchang shipyard near Wuhan between May and June of this year. The Zhou-class submarine, China's first of its kind, reportedly sank while docked at the Wuchang shipyard near Wuhan between May and June of this year.