Ethan Zhao
Senior Reporter
The Latest
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China Slams EU's Updated Tariffs on EV Imports, Vows to Defend Domestic Automakers
China has sharply criticized the European Union's recent decision to impose updated tariffs on electric vehicle (EV) imports from China, calling the measures unfair and pledging to take necessary actions to defend its burgeoning EV industry. 
China has sharply criticized the European Union's recent decision to impose updated tariffs on electric vehicle (EV) imports from China, calling the measures unfair and pledging to take necessary actions to defend its burgeoning EV industry. -
Walmart Divests $3.74 Billion Stake in JD.com to Sharpen Focus on China Operations
Walmart has divested its entire stake in Chinese e-commerce giant JD.com, a move signaling the retail behemoth's intensified focus on its own operations in China. The sale, which was revealed in a securities filing on August 20, allows Walmart to refocus its capital and strategic efforts on expanding its presence in the Chinese market, particularly through its Sam's Club warehouse chain. 
Walmart has divested its entire stake in Chinese e-commerce giant JD.com, a move signaling the retail behemoth's intensified focus on its own operations in China. The sale, which was revealed in a securities filing on August 20, allows Walmart to refocus its capital and strategic efforts on expanding its presence in the Chinese market, particularly through its Sam's Club warehouse chain. -
Shein Files Lawsuit Against Temu, Accusing Rival of Widespread Copyright Infringement
Shein has filed a lawsuit against rival Temu, accusing the platform of engaging in widespread counterfeiting, intellectual property theft, and fraudulent practices. The lawsuit, filed on Monday in Washington, D.C., federal court, marks the latest chapter in a contentious rivalry that has already seen both companies trade legal blows over accusations of unethical business practices. 
Shein has filed a lawsuit against rival Temu, accusing the platform of engaging in widespread counterfeiting, intellectual property theft, and fraudulent practices. The lawsuit, filed on Monday in Washington, D.C., federal court, marks the latest chapter in a contentious rivalry that has already seen both companies trade legal blows over accusations of unethical business practices. -
Germany Risks China’s Wrath as TSMC Breaks Ground on €10 Billion Chip Plant Amid Global Tech War
Taiwan Semiconductor Manufacturing Co. (TSMC) has officially commenced construction of its first European plant in Dresden, Germany. The €10 billion ($11 billion) project marks a pivotal moment for the continent, which is striving to reduce its dependency on Asian semiconductor imports amid growing geopolitical tensions between the U.S. and China. 
Taiwan Semiconductor Manufacturing Co. (TSMC) has officially commenced construction of its first European plant in Dresden, Germany. The €10 billion ($11 billion) project marks a pivotal moment for the continent, which is striving to reduce its dependency on Asian semiconductor imports amid growing geopolitical tensions between the U.S. and China. -
EU Lowers Tariffs on Chinese-Made Tesla EVs Amid Ongoing Trade Tensions
The European Union (EU) announced a reduction in planned tariffs on electric vehicles imported from China. The decision, which has far-reaching implications for both European and Chinese automakers, comes as the EU continues its investigation into what it describes as "unfair" subsidies provided by Beijing to its EV manufacturers. 
The European Union (EU) announced a reduction in planned tariffs on electric vehicles imported from China. The decision, which has far-reaching implications for both European and Chinese automakers, comes as the EU continues its investigation into what it describes as "unfair" subsidies provided by Beijing to its EV manufacturers. -
Beijing Issues Stern Warning to NATO Member Over Potential Taiwan Strait Transit
China has issued a stern warning to Germany, a NATO member, cautioning against the potential passage of German warships through the sensitive Taiwan Strait. The warning, delivered on Monday, underscores the escalating tensions in the region as Beijing asserts its control over Taiwan, a self-governed island that China considers a breakaway province. 
China has issued a stern warning to Germany, a NATO member, cautioning against the potential passage of German warships through the sensitive Taiwan Strait. The warning, delivered on Monday, underscores the escalating tensions in the region as Beijing asserts its control over Taiwan, a self-governed island that China considers a breakaway province. -
U.S. and China Forge Financial Stability Pact Amid Growing Economic Tensions
The United States and China have taken a significant step towards enhancing global financial stability by signing a new agreement focused on cooperation during periods of financial stress. This landmark agreement, announced by the People's Bank of China (PBOC) on Monday, comes at a time when both countries are navigating complex economic challenges and heightened geopolitical tensions. 
The United States and China have taken a significant step towards enhancing global financial stability by signing a new agreement focused on cooperation during periods of financial stress. This landmark agreement, announced by the People's Bank of China (PBOC) on Monday, comes at a time when both countries are navigating complex economic challenges and heightened geopolitical tensions. -
China Accuses Philippines of 'Deliberate' Collision, Warns of Severe Consequences in South China Sea Standoff
Tensions in the South China Sea escalated dramatically on Monday as China's Coast Guard accused a Philippine vessel of deliberately colliding with one of its ships in what Beijing described as a "dangerous and unprofessional" manner. The incident, which occurred at approximately 3:24 a.m. local time, further strained relations between the two nations, which have long been at odds over territorial claims in the region. 
Tensions in the South China Sea escalated dramatically on Monday as China's Coast Guard accused a Philippine vessel of deliberately colliding with one of its ships in what Beijing described as a "dangerous and unprofessional" manner. The incident, which occurred at approximately 3:24 a.m. local time, further strained relations between the two nations, which have long been at odds over territorial claims in the region. -
Could the U.S. Be Drawn into South China Sea Conflict as China Warns of Regional Destabilization?
As tensions in the South China Sea intensify, the long-standing territorial disputes between China and the Philippines are rapidly escalating into a broader geopolitical conflict that could potentially draw the United States into a military confrontation. 
As tensions in the South China Sea intensify, the long-standing territorial disputes between China and the Philippines are rapidly escalating into a broader geopolitical conflict that could potentially draw the United States into a military confrontation. -
Deutsche Bank’s $1.6 Billion Postbank Settlement Proposal Rejected as ‘Insulting’ by Plaintiffs
In a significant setback for Deutsche Bank, plaintiffs in a long-standing legal battle over the bank's acquisition of Postbank have dismissed the latest settlement offer as inadequate, heightening tensions in a case that has cast a shadow over Germany's largest lender for years. 
In a significant setback for Deutsche Bank, plaintiffs in a long-standing legal battle over the bank's acquisition of Postbank have dismissed the latest settlement offer as inadequate, heightening tensions in a case that has cast a shadow over Germany's largest lender for years.
