Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.
Tags: China
BYD's $3.7 Billion Government Funding Boost Positions it to Dominate the EV Market
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
Joe Biden Pressed to Ban China-made EVs From Entering the US Car Sector
Senator Sherrod Brown asked President Joe Biden to exclude Chinese-made EVs from the US market. The chair of the Senate Banking Committee urged President Joe Biden on Thursday, Apr.
China Becomes Global Leader in EV Exports, Prompting Need for More Shipping Vessels
Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.
China Hits 2 U.S. Defense Companies With Sanctions For Selling Military Weapons to Taiwan
China imposes sanctions on two U.S. defense companies for alleged involvement in arms sales to Taiwan by freezing their assets within China and barring entry into the country.
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Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.
Commerce Minister Wang Wentao insists that ongoing innovation drives China's EV firms' fast development and not subsidies.
The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
Environmental and animal welfare groups criticize the World Bank's funding of 'hog hotel' factory farms, urging a halt to support for large-scale industrial livestock operations due to concerns about climate change, animal welfare, and food security.
A survey by ISEAS-Yusof Ishak Institute shows over 50% of Southeast Asians prefer aligning with China over the US, reflecting China's growing influence.
A federal Biden Administration cybersecurity group report criticizes Microsoft for security lapses enabling a Chinese cyber intrusion into senior US officials' email accounts.
Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.
China's influencer industry is spotlighted as 'Little Fairy' discloses a $13M tax bill, highlighting immense profitability. Pan Yurun's $28M income reflects the sector's growth amidst crackdowns.
President Joe Biden and China's President Xi Jinping clashed in a telephone call on Tuesday about US restrictions on high-technology exports.
