Trump Softens Stance as Trade War Pressures Mount
WASHINGTON/BEIJING — Under growing domestic and international pressure, the Trump administration appears to be shifting its stance in the ongoing trade war with China. Despite previous insistence that Beijing must make the first move, new reports indicate that Washington has … Continue reading Trump Softens Stance as Trade War Pressures Mount
BYD CEO Declares New Era in Electric Vehicles
BEIJING – In a bold announcement that’s reverberating throughout the global automotive sector, BYD Chairman and CEO Wang Chuanfu proclaimed that BYD’s latest achievements in New Energy Vehicles (NEVs) are not merely keeping pace with the electric vehicle (EV) revolution—they … Continue reading BYD CEO Declares New Era in Electric Vehicles
Thai PM in Beijing: Focus on Economic Cooperation
BEIJING/BANGKOK – Thailand’s Prime Minister Paetongtarn Shinawatra made her first official visit to China on February 5–6, meeting Chinese President Xi Jinping in Beijing at a crucial time for bilateral relations. Her visit came as Thailand ramps up efforts to strengthen … Continue reading Thai PM in Beijing: Focus on Economic Cooperation
China: Lufthansa capitulates to global competition
FRANKFURT—The German airline Lufthansa has officially confirmed that it will temporarily suspend its daily flight service from Frankfurt to Beijing due to intense competition and economic considerations. This decision, which comes into effect with the winter flight schedule on October … Continue reading China: Lufthansa capitulates to global competition
Tariff dispute escalates: China and EU in conflict
BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict