China’s drills involved rockets, warships, and aircraft near Taiwan Taiwan condemned drills as threat to regional security China’s exercises follow US arms package announcement for Taiwan Ambassadors from Quad nations meet in Beijing on Tuesday TAIPEI/BEIJING, Dec 31 (Reuters) – Taiwan remained on high alert on Wednesday after China staged massive military drills around the…
new video loaded: European Leaders Discuss Financing Ukraine With Frozen Russian Assets transcript Back transcript European Leaders Discuss Financing Ukraine With Frozen Russian Assets The European Council convened in Brussels to discuss leveraging up to $247 billion in frozen Russian government assets held in Europe to finance Ukraine’s war effort. “Either money today or blood…
Late last year, as European Commission President Ursula von der Leyen began her second term in office, a giant purple banner was draped over the side of the EU executive arm’s headquarters, declaring: “United for our Future, 2024-2029.” Its leaders will gather on Thursday to try to round off the year with a collective bang,…
European Union members have observed an uptick in China’s support for Russia, multiple sources said, as Moscow’s invasion of Ukraine prepares to drag into its fourth year. Officials are parsing evidence of an increase in battlefield weapons being shipped from China to Russia, to add to the well-documented flow of goods with dual civilian and…
Temu’s European headquarters in Dublin were raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the online retailer, a subsidiary of China’s e-commerce giant PDD Holdings, a person familiar with the matter said on Wednesday. Temu did not immediately respond to requests for comment. The raid comes amid increasing…
China’s Li Qiang says global economy under pressure from tariffs Urges IMF, World Bank, WTO chiefs to act to protect free trade Analysts say China’s $1 trln trade surplus is driving tariff use Pressure on China to reform to boost share of global consumption BEIJING, Dec 9 (Reuters) – China’s Premier Li Qiang on Tuesday…
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand PMI surveys suggest exporters face challenging 2026 BEIJING, Dec 8 (Reuters) – China’s exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties with the rest of the…
China’s Xi joins France’s Macron for trip to southwest China Rare for Chinese leader to accompany his guests beyond Beijing Macron overestimated what deals Xi could offer, analyst says China is constrained due to ongoing negotiations with US, EU BEIJING, Dec 5 (Reuters) – Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu…
China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the fundraising threshold for technology firms, after a key indicator slumped nearly 4 per cent from a 10-year high in mid-November. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), set out guidance for the…
A view of the NEO magnetic plant in Narva, a city in northeastern Estonia. A plant producing rare-earth magnets for Europe’s electric vehicle and wind-energy sectors. Xinhua News Agency | Xinhua News Agency | Getty Images NARVA, Estonia — Europe’s big bet to break China’s rare earths dominance starts on Russia’s doorstep. The continent’s largest…