EU‑China Business Leaders Symposium in Beijing
BEIJING – At the 25th EU–China Business Leaders Symposium, top representatives of the European Union and China met in Beijing. Originally scheduled for two days, the meeting was condensed into a single day — widely interpreted as a sign of … Continue reading EU‑China Business Leaders Symposium in Beijing
Europe’s Battery Ambitions Falter as China Pulls Ahead
FRANKFURT/BRUSSELS/BEIJING — China’s lead in global battery manufacturing continues to grow, while Europe’s efforts to build a competitive battery cell industry are faltering. The recent financial collapse of Swedish startup Northvolt is more than an isolated failure—it’s a symptom of … Continue reading Europe’s Battery Ambitions Falter as China Pulls Ahead
EU’s New Smartphone Rules Take Effect
BRUSSELS – As of 20 June , the European Union’s new Ecodesign Regulation requires smartphone and tablet manufacturers to provide a minimum of five years of operating system and security updates from the end of product’s sale period, effectively extending support to six … Continue reading EU’s New Smartphone Rules Take Effect
China and EU Signal Thaw as Xi Urges Closer Ties
BEIJING — Marking 50 years of diplomatic relations, Chinese President Xi Jinping called on the European Union to deepen mutual openness and resolve differences “properly,” signaling a renewed push to strengthen ties with Europe as global trade frictions escalate. His … Continue reading China and EU Signal Thaw as Xi Urges Closer Ties
Trump Announces 90-Day Tariff Suspension, China exempted
WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted
Great Britain Joins the CPTPP: New Era of Global Trade
LONDON – Great Britain has officially become the latest member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking a significant milestone in the country’s post-Brexit trade strategy. With its accession, the UK becomes the first European nation … Continue reading Great Britain Joins the CPTPP: New Era of Global Trade
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
EU plans punitive tariffs on Chinese EV cars
BRUSSELS/BERLIN – The European Commission has received the green light to impose high tariffs on electric vehicles produced in China. This measure, which has not yet been finalized, aims to protect European manufacturers from what is seen as China’s distortive … Continue reading EU plans punitive tariffs on Chinese EV cars
Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
China: European Chamber for balanced dialogue
BEIJING – At the 8th Global Think Tank Summit, organized by the China Centre for International Economic Exchange in Beijing, European Chamber Secretary General Adam Dunnett commented on the changing picture of global supply chains, from efficiency to resilience: “European … Continue reading China: European Chamber for balanced dialogue