German arrested for allegedly spying on European Parliament for China

Surveillance cameras are mounted above the German and Chinese flags in front of Tongji University. Scholz is on a three-day trip to China. Michael Kappeler/dpa | Picture Alliance | Getty Images Germany has arrested a national on charges of spying for the Chinese secret service and leaking information from the European Parliament, Germany’s federal prosecutor’s … Read more

AUKUS won’t trigger a nuclear arms race in the region

U.S. President Joe Biden delivers remarks on Australia, United Kingdom, United States (AUKUS) Partnership as Prime Minister Rishi Sunak of the United Kingdom and Prime Minister Anthony Albanese of Australia participate at Naval Base Point Loma in San Diego, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The trilateral defense and security … Read more

China wants everyone to trade in their old cars, fridges to help save its economy

China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US and Europe, is set to receive a big boost from the government’s latest effort to accelerate growth. That’s one takeaway from what Beijing has revealed about its plan for incentives that will encourage Chinese businesses and households to adopt cleaner … Read more

U.K., German police arrest 5 alleged Chinese spies in separate probes – National

British and German police separately charged or arrested five people for allegedly spying for China and stealing technology. British police on Monday charged two men, aged 32 and 29, with providing prejudicial information to China, allegedly breaching of the Official Secrets Act. They would appear in court on Friday, the Crown Prosecution Service said in … Read more

Pro-China party wins landslide victory

Maldives’ President Mohamed Muizzu casts his ballot during the country’s parliamentary election, in Male on April 21, 2024. The Maldives votes in a parliamentary election likely to test Muizzu’s tilt towards China and away from India, the luxury tourism hotspot’s traditional benefactor. Mohamed Afrah | Afp | Getty Images Maldives President Mohamed Muizzu’s ruling pro-China … Read more

Tesla shares slide, Li Auto sinks as EV makers slash prices

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla shares sank in premarket trading on Monday, while China’s Li Auto plummeted to an 11-month low, after both companies slashed prices of their electric vehicles in various markets amid intense competition. U.S. EV giant Tesla … Read more

Toxic: How the search for the origins of COVID-19 turned politically poisonous

BEIJING: The hunt for the origins of COVID-19 has gone dark in China, the victim of political infighting after a series of stalled and thwarted attempts to find the source of the virus that killed millions and paralyzed the world for months. The Chinese government froze meaningful domestic and international efforts to trace the virus … 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

Why Apple is betting big on India

“There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently made an aggressive play to expand operations in India: the … Read more

Big change in global growth is bullish for commodities: VanEck CEO

Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The world economy started growing again,” van Eck told CNBC’s “ETF Edge” this week. He singles out China, the world’s second-largest economy behind the U.S., as a key driver in the expansion. “China which has been … Read more