US-China relations are set to become more complicated with Tibet emerging as new point of contention. Recently, a US bill challenging Beijing’s claim that Tibet has been part of China since ‘ancient times’ was passed by US lawmakers. The bill also promotes a peaceful resolution to the longstanding dispute between Tibet and China by encouraging … Read more
Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops. Will China retaliate with tariffs on European cars, taking aim at German makers such as BMW and Mercedes? Would it put tariffs on agricultural products, targeting Europe’s politically influential farmers? Or luxury goods from … Read more
Honor Magic V Flip is Honor’s first “flip” style foldable smartphone. Honor Honor on Thursday launched its first flip foldable phone as the Chinese electronics maker looks to step up its challenge in the high-end market against major players like Samsung. The Honor Magic V Flip will be available in China only, for now, with … Read more
Tesla expects to increase the price of its Model 3 because of import duties to be levied by the E.U. on cars made in China, the carmaker said on its website on Thursday, without specifying the size of the price hike. The message, displayed on Tesla’s website for countries including Germany, France, Ireland, Belgium, and … Read more
The new Tesla Model 3+ is on sale at a Tesla store in Hangzhou, Zhejiang province, China, September 26, 2023. Costfoto | Nurphoto | Getty Images Tesla on Thursday said it will likely increase the Europe prices of its Model 3 vehicle from July 1 after the European Union said it could impose provisional higher … Read more
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla could be hit with a specially calculated duty on its cars produced in China and imported … Read more
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | Visual China Group | Getty Images The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports, which it … Read more
During the 1971 war, Pakistan attempted to destroy the intellectual backbone of Bangladesh by killing its intellectuals. Today, China, an ally of Pakistan at that time, is aiming to destroy the conscience of the country’s youth, casting a dark shadow over Bangladesh’s future. While Islamabad used bullets and bombs for its purposes, supported by traitors … Read more
Neodymium is displayed at the Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. factory in Baotou, Inner Mongolia, China. Nelson Ching | Bloomberg | Getty Images Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and … Read more
Buoyed by rate cut expectations after the Bank of Canada and the European Central Bank (ECB) cut rates earlier this week, spot gold rose to $2,387 on Friday, the highest level since May 22. However, the metal crashed on a robust US nonfarm payroll report. Spot gold closed with a loss of 3.49% at $2,294 … Read more
