Deep Dive delves into hot issues in Hong Kong and mainland China. Our easy-to-understand articles provide context to grasp what’s happening, while our questions help you craft informed responses. Check sample answers at the end of the page. Rare earth minerals are crucial for many technologies, from smartphones to electric vehicles and weapons. China is…
US President Donald Trump hinted at supporting the proposed Senate legislation to sanction countries conducting business with Russia, as he said that such a measure would be “okay with me,” amid a long-running push to cut Moscow’s access to funding. “The Republicans are putting in legislation that is very tough, sanctioning, etcetera, on any country…
China announced on Monday that it would suspend sanctions against the US subsidiaries of Hanwha Ocean, one of South Korea’s largest shipbuilding giants, as part of a fragile truce in the ongoing trade dispute between the United States and China, News.Az reports, citing foreign media. The sanctions, which had been imposed in October, targeted five US-based…
Fresh US tariffs on imports of medium- and heavy-duty trucks took effect Saturday, although with partial relief for vehicles entering the country under a key North America trade agreement. Commercial trucks cross into Canada from the US.(AFP) The 25-percent tariff on trucks, alongside a 10-percent duty on buses, comes into place after President Donald Trump’s…
Indian exporters may benefit from the ongoing tensions between the US and China, using the opportunity to increase their shipments to the American market, according to exports.Federation of Indian Export Organisations (FIEO) President SC Ralhan said that the higher tariffs imposed by the US on Chinese goods could shift demand towards India, which exported goods…
More than 1.6 million traders lost over $19 billion on cryptocurrency bets as the market crashed from Donald Trump‘s announcement of additional 100 per cent tariffs on China, according to a Bloomberg report. Citing 24 hour data from Coinglass, the report noted that more than $19 billion have been wiped out in the “largest liquidation…
China’s National Day on Wednesday kicked off a week-long holiday that policymakers in Beijing hope will see consumers splurge on travel, entertainment and hospitality. The commerce ministry has told popular cultural and tourist sites to extend opening hours and simplify reservation systems in advance of the holiday to encourage the spending spree China needed to…
China has accused the United States of “weaponising tariffs” after Washington slapped a 50% duty on Indian imports, escalating a trade clash that threatens to redraw supply chains across Asia. Speaking in New Delhi, Chinese Ambassador Xu Feihong called the move “unfair and unreasonable”, even as analysts suggest Beijing could quietly benefit from the deepening…
India and China are ancient civilizations that cannot be swayed by threats, according to Russian Foreign Minister Sergei Lavrov, who believes that pressure from the US will only cause both countries to seek alternatives, as per an PTI report. According to Lavrov, the US is also beginning to understand the “futility” of using ultimatums while…
China has hit out at the US over President Donald Trump’s recent call for 50-100% tariffs on Beijing for its close ties with Russia. Chinese Foreign Minister Wang Yi has reiterated that China is committed to promoting peace talks for resolving hot-spot issues. Chinese Foreign Minister Wang Yi attends a news conference in Ljubljana, Slovenia,…