The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests China could potentially take the top spot as the world’s largest economy by gross domestic product as early as 2037. The forecast also sees potentially strong … Read more
Chinese President Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of … Read more
Supporters listening to Kuomintang presidential candidate, Hou Yu-ih, as he speaks on the stage during an election campaign rally in Taichung, Taiwan, January 8, 2024. Man Hei Leung | Anadolu | Getty Images More than 19 million voters in Taiwan will head to the polls on Saturday to decide if the ruling Democratic Progressive Party … Read more
China considers Taiwan to be its “sacred territory”. Beijing: China’s “reunification” with Taiwan is inevitable, President Xi Jinping said in his New Year’s address on Sunday, striking a stronger tone than he did last year with less than two weeks to go before the Chinese-claimed island elects a new leader. The January 13 presidential and … Read more
US Secretary of State Antony Blinken’s first videoconference with European Union foreign ministers last month was so good humoured that some diplomats in Europe described it as a “love fest”. But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: “We must push back … Read more
Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The draft guidelines from China’s National Press and Publication Administration sank the Hong Kong-listed shares of Tencent, NetEase and Bilibili — among the largest online gaming-related counters … Read more
George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock … Read more
