Chinese automakers are being advised to press the brakes on major investments in European countries that have backed new tariffs on Chinese electric vehicles (EVs). This decision comes as a response to the European Union's (EU) recent imposition of tariffs, which can reach up to 45. 3%, following a
For the first time ever, Chinese electric vehicle (EV) giant BYD has outshone its American rival, Tesla, in quarterly sales. According to a recent report, BYD's revenue for the three months ending Sept. 30 hit 201. 12 billion yuan ($28. 24 billion), a 24% increase from the previous year. This is a s
Last week at the BRICS meeting, India and China agreed to withdraw troops from two points in Ladakh. Some call this historic, but not everyone is so optimistic. This deal doesn't resolve their territorial disagreements in Ladakh and other areas. China claims parts of India, like Arunachal Pradesh. O
China has hit back hard at the U. S. , accusing it of double standards when it comes to spying. The rebuke came after the CIA tried to hire Chinese informants. Chinese Foreign Ministry spokesperson Lin Jian spoke about this at a recent press briefing. He was responding to a report in the Wall Street
The U. S. Treasury Department has implemented a new rule to curb American investments in China's advanced tech sectors like AI, computer chips, and quantum computing. This rule, resulting from President Joe Biden's August 2023 executive order, aims to restrict China's military advancements. The rule
In the third quarter of 2024, the iPhone 16 gave Apple a boost in China's smartphone market, helping it secure a spot among the top five vendors. Although Apple's market share dipped slightly to 15. 6%, the new iPhone still made waves. Huawei, on the other hand, is staging a strong comeback. Despite
In a move to safeguard sensitive technology, the Biden administration has put the brakes on certain US investments in China's advanced tech sector. This includes industries like semiconductors, quantum computing, and artificial intelligence. After a lengthy review, new rules have been implemented. S
Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c
In the final stretch of his term, President Joe Biden has laid out clear rules for using artificial intelligence in national security. He wants to make sure the US keeps up with competitors like China while also avoiding AI's darker sides, like launching nukes or limiting free speech. The new plan,
It's no secret that foreign countries are stirring up trouble online ahead of the US election. Microsoft's Threat Analysis Center (MTAC) is warning that Russia, China, and Iran are all stepping up their online campaigns. Russia is busy bad-mouthing Vice President Kamala Harris with fake videos. Thes
