Chinese EV companies Zeekr and Nio report record deliveries in June

Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Zeekr said Monday it delivered a record number of vehicles in June, making its deliveries for the first half of the year the largest among U.S.-listed Chinese companies … Read more

Apple AI push faces big challenges in China

The Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background.  Jonathan Raa | Nurphoto | Getty Images Apple’s big artificial intelligence push faces some big challenges in China — one of the iPhone maker’s most critical markets — as Beijing maintains strict rules around the buzzy technology. The … Read more

Ukraine’s criticism of China and its stance on Russia could backfire

Ukrainian President Volodymyr Zelenskyy’s very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. Speaking at the Shangri-La Dialogue forum in Singapore last Sunday, Zelenskyy unleashed his frustration at China’s position over the war between Russia and Ukraine, accusing … Read more

Implications of China’s war drills around Taiwan

Members of Taiwan’s military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. China on May 23 encircled Taiwan with naval vessels and military aircraft in war games aimed at punishing the self-ruled island after its new president vowed to defend democracy. (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | … Read more

Xi welcomes Putin to China as both leaders seek to bolster ties

China’s President Xi Jinping (R) and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023.  Pedro Pardo | Afp | Getty Images Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing … Read more

China’s Shenzhen metropolis sees fastest growth in millionaires globally

Shenzhen city skyline. Photographer is my life. | Getty Images China’s Shenzhen has recorded the fastest growth in millionaires over the past decade, and is poised to see a further influx in the coming years, according to a recent report. Shenzhen recorded 140% growth in millionaire count, according to the report from New World Wealth … Read more

Biden raises China tariffs on EVs, solar panels, batteries

U.S. President Joe Biden meets Chinese President Xi Jinping on the sidelines of the G-20 leaders’ summit in Bali, Indonesia, on Nov. 14, 2022. Kevin Lamarque | Reuters The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said the tariff hikes were necessary to protect … Read more

U.S. is preferred over China as world leader when a Democrat is president

China’s President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022. Saul Loeb | Afp | Getty Images Most countries prefer alignment with the U.S. over China when the White House is occupied by a Democrat, according to Gallup poll … Read more

Blinken to warn China over support for Russia’s military during trip

US Secretary of State Antony Blinken (L) and China’s Foreign Minister Qin Gang shake hands ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023.  Leah Millis | AFP | Getty Images U.S. Secretary of State Antony Blinken will warn China about its support for Russia’s military during his visit … Read more

U.S. ready to sanction China for supporting Russian military

US Treasury Secretary Janet Yellen speaks to journalists.  Picture Alliance | Picture Alliance | Getty Images The United States is prepared to sanction Chinese banks and companies, as well as Beijing’s leadership, if they assist Russia’s armed forces with the invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said Monday. “We stand ready to act … Read more