U.S.-China Trade War Escalates: Beijing Responds
WASHINGTON/BEIJING – Minutes after U.S. President Donald Trump’s sweeping tariff hikes on Chinese goods kicked in on February 4, Beijing fired back with a calculated set of countermeasures. While the U.S. tariffs, imposing a 10 percent tax on all Chinese imports, … Continue reading U.S.-China Trade War Escalates: Beijing Responds
US Tariffs: Beijing Signals Willingness for Talks
WASHINGTON/BEIJING – U.S. President Donald Trump has announced a sweeping 10 percent tariff hike on all Chinese imports, alongside a 25 percent increase on goods from Canada and Mexico. The move, signed into effect on February 2, is set to … Continue reading US Tariffs: Beijing Signals Willingness for Talks
Tightened controls against cheap E-Commerce platforms
BERLIN – The German government has adopted an E-Commerce Action Plan that enforces stricter controls on international online platforms such as Temu and Shein. The goal is to secure fair competition and protect domestic retailers from unfair business practices. Additionally, … Continue reading Tightened controls against cheap E-Commerce platforms
China’s breakthrough AI model shakes global markets
HANGZHOU – DeepSeek, a mainland China based company, has made headlines with the release of its open-source AI chatbot, R1. Positioned as a significant step forward in China’s pursuit of technological leadership, R1’s release has sparked intense international interest. Within … Continue reading China’s breakthrough AI model shakes global markets
Indonesia Joins BRICS: A Strategic Step
JAKARTA – On January 7, Indonesia formally joined BRICS, becoming the first Southeast Asian country to join the intergovernmental bloc comprising Brazil, Russia, India, China, and South Africa. Indonesia’s entry follows BRICS’ recent expansion to include Egypt, Ethiopia, Iran, and … Continue reading Indonesia Joins BRICS: A Strategic Step