The Hong Kong government’s first business report in four years can offer investors some reference but may not be enough to sway those holding preconceived views about the city due to geopolitical tensions, commerce chamber chiefs and economists have said. Industry leaders and experts offered their views hours after Financial Secretary Paul Chan Mo-po unveiled…
Welcome back to World Brief, where we’re looking at deadly fighting along the Thailand-Cambodia border, a historic European Union-China summit, and trade wins for India and the United Kingdom. Deadly Border Clashes Thai and Cambodian troops clashed in at least six areas along the countries’ shared 510-mile border on Thursday, killing one Thai soldier and…
A global defense revolution is underway based on swarms of autonomous, unmanned, AI- and battery-powered drone systems. Last month President Donald Trump signed the “Unleashing American Drone Dominance” executive order, and on July 10, Defense Secretary Pete Hegseth began to operationalize efforts to bolster domestic drone technology and manufacturing. Unfortunately for the U.S. and the…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
TikTok’s time in the U.S. may be running out, but the company has a dramatic plan to save itself. The social media giant is reportedly building a completely new version of its app for users in the United States, according to a report from The Information on Sunday, which cited anonymous sources. This new app,…
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…
China’s Foreign Minister Wang Yi has sharply criticized the latest military actions by Israel and the USA against Iran. In Beijing’s view, the attacks – particularly concerning a „possible future threat“ – sent a dangerous signal to the international community and could serve as a problematic precedent. Israel’s attacks on Iran and the US attacks…
China is recalibrating its tech policy, elevating private enterprise to counter US export controls and drive innovation. On June 10, 2025, as US and Chinese trade negotiators met in London for another round of tense talks, a different kind of negotiation was playing out on the front page of China’s People’s Daily. There, in a…
Beijing has begun moving its citizens in Iran to safety. On Tuesday, buses carrying Chinese nationals departed the capital, Tehran, heading toward Turkmenistan, the state-run China News Service reported on Wednesday. According to China’s Ministry of Foreign Affairs, 791 Chinese citizens have so far been brought to safe areas, and more than 1,000 others are…
There is a lot of discussion in Washington and Beijing about the implications of the artificial intelligence (AI) revolution, but no clear consensus on how AI advances will impact how the world’s two leading powers relate to each other. In the following collection of short essays, Brookings scholars from different disciplines offer their forecasts on…