Antony Blinken, U.S. Secretary of State, speaks with CNBC’s Andrew Ross Sorkin at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Secretary of State Antony Blinken said Tuesday that China’s growing aggression toward Taiwan has undermined the country’s own interests. “I think the approach that they’ve shown in recent … Read more
Federal officials were wary of creating a chill within ethnic communities and rattling Canada’s bilateral relations as they fleshed out next steps to secure vital scientific research, internal documents show. The federal government has been working for months to prepare a list of sensitive research areas and the names of labs and institutions considered a … Read more
European Commission President Ursula von der Leyen looks on during a press conference. John Thys | Afp | Getty Images An increasingly isolated Russia is now dependent on China for both its military and economic ends, the European Commission’s president said Tuesday. Ursula von der Leyen said Russia was leaning more heavily on its eastern ally … Read more
The Indian markets have made tremendous gains since the beginning of the year, with both the Nifty 50 and BSE Sensex hitting record highs on Monday. Bloomberg | Bloomberg | Getty Images India is JPMorgan’s top pick in Asia, and one of its favorite markets globally, the investment bank’s Asian Equity Strategist Mixo Das told … Read more
Washington: The Biden administration has begun pumping more than $2 trillion into US factories and infrastructure, investing huge sums to try to strengthen American industry and fight climate change. But the effort is facing a familiar threat: a surge of low-priced products from China. That is drawing the attention of President Joe Biden and his … Read more
Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024. Carlos Garcia Rawlins | Reuters Taiwan’s election results place the island on a “collision course with China” and the … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned Monday that China needs structural reforms in order to avoid “a fairly significant decline in growth rates.” … Read more
Boris Roessler | Picture Alliance | Getty Images The majority of economists surveyed by the World Economic Forum expect the global economy to weaken this year, saying that geopolitical fragmentation around the world will deepen. “Global economic prospects remain subdued and fraught with uncertainty,” WEF’s report, published Monday, said. “While there are positive developments, such … Read more
The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone. Between Jan. 18 … Read more
A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. Sawayasu Tsuji | Getty Images News | Getty Images TAIPEI — Taiwan’s president-elect Lai Ching-te will face a split parliament that will likely moderate his policy agenda, with Taiwan People’s Party seen as … Read more
