Chinese electric vehicle (EV) maker BYD recorded surging sales in Europe last month after it launched more models and expanded its sales network, narrowing its gap with market leader Tesla. The Shenzhen-based carmaker racked up 24,963 new-car registrations in Europe in September, nearly five times its deliveries of 5,013 units a year ago, according to…
US President Donald Trump’s administration needs to reverse the destructive policies undercutting America’s ability to compete with China in strategic hi-tech sectors or see Beijing race ahead, a leading member of the hardline US House Select Committee on China said on Wednesday. China’s commitment to the progress of tech innovation has caused unease in the…
German Vice-Chancellor Lars Klingbeil is set to chair talks between his Social Democrat Party (SPD) and the Chinese Communist Party (CCP) in Beijing next month, even after Foreign Minister Johann Wadephul was forced to postpone a trip to China after being unable to arrange enough meetings. Klingbeil is the leader of the SPD, but also…
American soybean farmers got some rare good news on Wednesday just hours before a high-stakes meeting between Chinese President Xi Jinping and US President Donald Trump when news broke that Beijing had placed its first order after months of trade tension that saw shipments blocked. The Trump administration hailed the move as a “positive step…
If the US hopes to rebuild a competitive shipbuilding industry and narrow China’s commanding lead, it should adopt some lessons from Beijing – emphasising long-term planning, steady government funding and policy consistency, witnesses told a US Senate hearing this week. China’s phenomenal rise in the global shipbuilding sector has caught the attention of Washington’s policymakers…
Highly anticipated talks between Xi Jinping and Donald Trump on the sidelines of the Apec summit are set for Thursday in Busan, South Korea – some 85km (53 miles) from the forum’s main events in Gyeongju – and security considerations could explain why as the two seek to make headway on issues that have left…
When the US and China settled their earlier trade war in 2020, American soybean producers saw their exports surge to near record levels. This time around, any deal is likely to yield far smaller rewards. President Donald Trump and his counterpart Xi Jinping are expected to sign off on terms of a framework struck by…
China’s top leadership has made “technological self-reliance and self-strengthening” a key goal in a proposal for the next five-year plan, as it grapples with export controls from the West amid an intensifying global tech race. It is the first time in at least a decade that technological self-reliance has been set as a major goal…
In a dramatic speech in Berlin on Saturday, European Commission President Ursula von der Leyen painted a dystopian picture of today’s world as she reiterated her calls for an independent Europe. “Europe is facing up to another seismic change in the way the global economy works. We may be approaching a shift in the international…
Mainland Chinese police have formally initiated an investigation into Taiwanese legislator Puma Shen, marking Beijing’s latest move targeting individuals it deems to be “diehard Taiwan separatists”. On Tuesday, the Chongqing Municipal Public Security Bureau in southwestern China issued a police bulletin on social media, stating Shen had “engaged in criminal activities aimed at splitting the…