European Union envoys to China say they have low expectations of any substantial achievement at the coming EU-China summit, citing complex trade challenges and the ongoing Ukraine war. “I am sorry to be pessimistic – the next EU-China summit will be a wonderful summit with wonderful statements of principles, but I doubt that we will…
Hong Kong Chief Executive John Lee Ka-chiu’s pledge to address the decade-long conflict between taxis and ride-hailing services is a welcome development for commuters. However, it also underscores a broader concern: the challenges the city encounters with its licensing structures. While there has been movement towards revising parts of the system – such as Transport…
Chinese Foreign Minister Wang Yi told the European Union’s top diplomat on Wednesday that Beijing cannot afford a Russian loss in Ukraine because it fears the United States would then shift its whole focus to Beijing, according to several people familiar with the exchange. The comment, to the EU’s Kaja Kallas, would confirm what many…
Apple on Thursday announced a series of updates to its developer policies to comply with the EU’s Digital Markets Act (DMA). The news, which was expected, arrived just in time to meet the deadline of June 26, after which the iPhone maker would risk new fines. The changes involve both how app developers can communicate…
Apple has new fee structures for developers using the App Store in the EU in order to meet the requirements of the bloc’s Digital Markets Act. Last month, the European Commission that Apple was not in compliance the legislation and ordered the company to make changes within 30 days. Apple can still file an appeal…
Apple is reportedly set to propose making it easier for third-party developers to send customers outside of its App Store to make software purchases in order to avoid additional penalties being imposed by European Union regulators. The company’s proposal is due Thursday (June 26), Bloomberg reported Wednesday (June 25). EU regulators ruled in April that…
At a factory in Nantong, lithium batteries for laptops are being produced. China’s exports to the EU surged in May. This affects the European automotive and machinery industries as well. There are also early signs of trade diversion caused by US tariffs, as exports of laptops, smartphones, batteries and solar panels are climbing. Overall, the…
Apple is reportedly in eleventh-hour negotiations with European regulators about changes to its App Store. As the Financial Times (FT) reported Monday (June 23), the tech giant is hoping to escape a series of escalating fines from the European Union (EU) set to go into force this week. Apple has already been fined 500 million…
European Union foreign policy chief Kaja Kallas Monday called for what she called “a dose of realism” in its relations with China after EU foreign ministers discussed security aspects of relations with China. The ministers met to set the agenda for a planned July 2 Brussels meeting between Kallas and Chinese Foreign Minister Wang Yi…
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