ECONOMY

Trump Pushes EU to Impose 100% Tariffs on China

WASHINGTON – President Donald Trump has urged the European Union to impose tariffs of up to 100% on imports from China and India—major buyers of Russian oil—in an effort to squeeze Moscow financially and force President Vladimir Putin to negotiate … Continue reading Trump Pushes EU to Impose 100% Tariffs on China

JD.com Signals Bold Entry Into Europe

BERLIN – JD.com, China’s largest retailer by revenue and one of the world’s fastest-growing e-commerce and logistics players, used its first-ever European keynote address at IFA Berlin 2025 to make a clear statement: the group is preparing a major push into … Continue reading JD.com Signals Bold Entry Into Europe

BYD Shares Slide Amid Profit Decline

BEIJING/HONG KONG – BYD, the world’s top electric vehicle (EV) maker, saw its shares tumble as much as 8% in Hong Kong trading Monday, after unveiling its first quarterly profit decline in over three years. The company attributed the slump to … Continue reading BYD Shares Slide Amid Profit Decline

Crackdown on Illegal Mines and Palm Plantations

JAKARTA – In his first State of the Nation address on August 15, President Prabowo Subianto declared a firm assault on unlawful extractive and agribusiness activities. He revealed that 1,063 illegal mining operations, responsible for an estimated Rp 300 trillion … Continue reading Crackdown on Illegal Mines and Palm Plantations

Italy: PM Meloni Reassesses Chinese Investments

ROME – Italy’s government continues to wield its “golden power” authority to curb Chinese influence, particularly in vital strategic assets. Despite pressure from Pirelli leadership to escalate restrictions following Sinochem’s 37 % equity position, Prime Minister Giorgia Meloni’s administration declined … Continue reading Italy: PM Meloni Reassesses Chinese Investments