Ethan Zhao
Senior Reporter
The Latest
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Europe Imposes Up to 38.1% Tariffs on Chinese EVs, Beijing Warns of Retaliation
The European Commission announced it will impose additional duties of up to 38.1% on imported Chinese electric vehicles (EVs) starting in July. This decision comes less than a month after the United States announced plans to quadruple tariffs on Chinese EVs to 100%. The European Commission announced it will impose additional duties of up to 38.1% on imported Chinese electric vehicles (EVs) starting in July. This decision comes less than a month after the United States announced plans to quadruple tariffs on Chinese EVs to 100%. -
EU Imposes Hefty Tariffs on Chinese EVs, Sparking Trade Tension and Retaliation Concerns
The European Union has imposed additional tariffs of up to 38.1% on electric vehicles imported from China, a move that has drawn sharp criticism from Beijing and raised concerns about a potential trade war between the two economic giants. The provisional decision, announced by the European Commission on Wednesday, comes less than a month after the United States quadrupled duties on Chinese EVs to 100%. The European Union has imposed additional tariffs of up to 38.1% on electric vehicles imported from China, a move that has drawn sharp criticism from Beijing and raised concerns about a potential trade war between the two economic giants. The provisional decision, announced by the European Commission on Wednesday, comes less than a month after the United States quadrupled duties on Chinese EVs to 100%. -
Chinese Automakers Persist in Europe Despite Looming EU Tariffs
Despite the European Union's impending decision on imposing higher tariffs on Chinese electric vehicles (EVs), Chinese automakers remain resolute in their commitment to the European market. Despite the European Union's impending decision on imposing higher tariffs on Chinese electric vehicles (EVs), Chinese automakers remain resolute in their commitment to the European market. -
Suspect Arrested in Stabbing of U.S. College Instructors in China
Chinese authorities have arrested a suspect in connection with the stabbing of four U.S. college instructors in a public park in the northeastern city of Jilin. The incident has drawn international attention, raising concerns over the safety of foreign nationals in China amid efforts to boost educational exchanges between the two nations. Chinese authorities have arrested a suspect in connection with the stabbing of four U.S. college instructors in a public park in the northeastern city of Jilin. The incident has drawn international attention, raising concerns over the safety of foreign nationals in China amid efforts to boost educational exchanges between the two nations. -
China's Exports Defy Expectations, But Domestic Challenges Persist
China's export sector continued to show resilience in May, providing a much-needed boost to the world's second-largest economy amid ongoing challenges in domestic demand. China's export sector continued to show resilience in May, providing a much-needed boost to the world's second-largest economy amid ongoing challenges in domestic demand. -
Biden Contemplates Military Action to Defend Taiwan
In a recent interview with Time magazine, U.S. President Joe Biden indicated that he has not ruled out the possibility of using American military force to defend Taiwan in the event of a Chinese invasion. This strong stance reflects the ongoing tension between the U.S. and China over Taiwan, a self-ruled democratic island that Beijing considers a breakaway province. In a recent interview with Time magazine, U.S. President Joe Biden indicated that he has not ruled out the possibility of using American military force to defend Taiwan in the event of a Chinese invasion. This strong stance reflects the ongoing tension between the U.S. and China over Taiwan, a self-ruled democratic island that Beijing considers a breakaway province. -
China Vanke Fully Repays 2023 Dollar Bonds, Eases Liquidity Pressure
Vanke has announced the full repayment of its dollar bonds due this year, following a substantial syndicate loan of 20 billion yuan. Vanke has announced the full repayment of its dollar bonds due this year, following a substantial syndicate loan of 20 billion yuan. -
Modi Submits Resignation as BJP Prepares for Third Term: What’s Next for India’s Government?
Prime Minister Narendra Modi and the Union Cabinet submitted their resignations to President Droupadi Murmu on Wednesday, following the recent Lok Sabha election results. This move paves the way for Modi's anticipated swearing-in ceremony for a third consecutive term on June 8, marking a significant moment in India's political landscape. Prime Minister Narendra Modi and the Union Cabinet submitted their resignations to President Droupadi Murmu on Wednesday, following the recent Lok Sabha election results. This move paves the way for Modi's anticipated swearing-in ceremony for a third consecutive term on June 8, marking a significant moment in India's political landscape. -
China Tightens Security on 35th Anniversary of Tiananmen Crackdown, Silencing Memorials in Hong Kong
China has heightened security measures in Beijing and Hong Kong on the 35th anniversary of the Tiananmen Square crackdown, quashing any attempts to commemorate the bloody event that ended months-long pro-democracy protests in 1989. China has heightened security measures in Beijing and Hong Kong on the 35th anniversary of the Tiananmen Square crackdown, quashing any attempts to commemorate the bloody event that ended months-long pro-democracy protests in 1989. -
Airbus in Advanced Negotiations to Sell Over 100 A330neo Jets to China
Airbus SE is in advanced negotiations to sell more than 100 A330neo aircraft to major Chinese airlines, marking a significant potential deal in the competitive aviation sector. This development follows recent high-level meetings between Chinese President Xi Jinping and French President Emmanuel Macron, signaling strengthened ties between the two nations and their respective industries. Airbus SE is in advanced negotiations to sell more than 100 A330neo aircraft to major Chinese airlines, marking a significant potential deal in the competitive aviation sector. This development follows recent high-level meetings between Chinese President Xi Jinping and French President Emmanuel Macron, signaling strengthened ties between the two nations and their respective industries.