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Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...
asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home
Chinese professor at Tokyo university missing after trip home
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Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Tesla cuts prices in US, China and Germany as competition heats up
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
  • Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.

  • The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.

  • The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.

  • The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
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VW workforce cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its workforce reductions with high severance payments ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
VW workforce cuts: Volkswagen pays up to 450,000 euros in severance pay
Profile picture of Bloomberg
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea
Profile picture of Bloomberg
China Braces for Worst as It Becomes Punching Bag in US Election: With Beijing already becoming a top target in the US election campaign, President Xi Jinping’s ...
bloomberg.com/news/articles/2024-04-21/china-braces-for-worst-as-it-becomes-punching-bag-in-us-election
China Braces for Worst as It Becomes Punching Bag in US Election
Quick Glance: China Gears Up for Worst Amid US Election Focus
  • Beijing becomes a top target in the US election campaign, prompting a measured response from China.

  • China responds moderately to US actions such as symbolic tariffs and investigations.

  • Emphasis on the importance of US relationship and reliance on American consumer.

  • Efforts to stabilize US-China ties amidst election rhetoric and tensions.
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The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
The Five Futures of Russia: And How America Can Prepare for Whatever Comes ...
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US sends land-attack missile system to Philippines for exercises in apparent message to China
cnn.com/2024/04/22/asia/us-land-attack-missile-philippines-china-intl-hnk-ml/
US sends land-attack missile system to Philippines for exercises in ...
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Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Tesla cuts prices in China, Germany and around globe after US cuts
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Volkswagen to Face Investors Skeptical of China Turnaround Plan: Volkswagen AG faces an uphill battle to convince investors it can turn around its business in ...
bloomberg.com/news/articles/2024-04-22/volkswagen-to-face-investors-skeptical-of-china-turnaround-plan
Volkswagen to Face Investors Skeptical of China Turnaround Plan
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UK police charge two men with spying for China: British police on Monday charged two men with spying for China, including one reported to have worked as a ...
reuters.com/world/uk/uk-prosecutors-authorise-charges-against-two-men-over-spying-china-2024-04-22/
UK police charge two men with spying for China
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
  • London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.

  • The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.

  • The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.

  • In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
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Taiwan to discuss new arms funding with US as Chinese warplanes again near island
go.france24.com/CGH
Taiwan to discuss new arms funding with US as Chinese warplanes again near ...
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Chinese Embassy: No Espionage: China's representation in Berlin rejects the latest espionage allegations. Meanwhile, CDU security expert Kiesewetter is convinced ...
zdf.de/nachrichten/politik/deutschland/spionage-china-deutschland-kiesewetter-100.html
Chinese Embassy: No Espionage
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Taiwan doubles award haul at annual U.K. marmalade competition - Focus Taiwan: A number of Taiwanese artisanal marmalade producers made a splash at the latest ...
focustaiwan.tw/culture/202404210014
Taiwan doubles award haul at annual U.K. marmalade competition - Focus ...
Profile picture of Bloomberg
US Firms Still Cautious About Investing in China, AmCham Says: US companies are wary about investing in China because of policy unpredictability ...
bloomberg.com/news/articles/2024-04-23/us-firms-still-cautious-about-investing-in-china-amcham-says
US Firms Still Cautious About Investing in China, AmCham Says
Profile picture of The Hill (newspaper)
World defense spending reaches highest levels on record: Report: Military spending across the world last year reached the highest levels ever recorded by a major ...
thehill.com/policy/defense/4611470-world-defense-spending-reaches-highest-levels-on-record-report/
World defense spending reaches highest levels on record: Report
Quick Glance: Global Military Spending Hits Historic High in 2023
  • Global military spending hit a record high of $2.443 billion in 2023 after a 7% increase, as per a report.

  • Military expenditure rose consistently over nine years in all regions due to worsening peace and security globally.

  • Countries like Ukraine, Russia, Poland, Germany, and the UK saw significant spikes in their military spending.

  • Israel notably increased its military spending significantly due to the conflict in the Middle East, particularly a major offensive in Gaza in 2023.
Profile picture of Nikkei Asia
U.S.-China relations 'stable but fragile,' AmCham chief says: HONG KONG -- U.S.-China relations are "stable but fragile," the American Chamber of ...
asia.nikkei.com/Business/Business-trends/U.S.-China-relations-stable-but-fragile-AmCham-chief-says
U.S.-China relations 'stable but fragile,' AmCham chief says
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Hacker attacks: VW may have been a victim of Chinese industrial espionage - Golem.de
golem.de/news/hackerangriffe-vw-war-moeglicherweise-opfer-chinesischer-industriespionage-2404-184375.html
Hacker attacks: VW may have been a victim of Chinese industrial espionage ...
Profile picture of France 24
US House to vote on long-awaited aid package for Ukraine, Israel and Taiwan: The US House of Representatives is poised to hold a crucial vote on Saturday on a ...
france24.com/en/americas/20240420-us-house-to-vote-on-long-awaited-aid-package-for-ukraine-israel-and-taiwan
US House to vote on long-awaited aid package for Ukraine, Israel and ...
Quick Glance: Ukrainian President Thanks US for Weapon Aid
  • Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.

  • The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.

  • Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.

  • He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
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China’s GDP grows 5.3% in the first quarter of 2024: China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory ...
cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/
China’s GDP grows 5.3% in the first quarter of 2024
Quick Glance: China's Economy Surprisingly Strong in Q1 2024
  • China's economy experienced stronger growth than anticipated in the first quarter of this year, primarily due to the thriving high-tech manufacturing sector.

  • In the initial quarter, industrial production saw a 6.1% increase compared to the previous year, driven by the flourishing high-tech industry. Notably, the manufacturing of 3D printing devices, electric vehicle charging stations, and electronic components surged by approximately 40% year-over-year.

  • A recent official report highlighted a rise in China's manufacturing purchasing managers' index during the first quarter, marking the first increase in six months. Moreover, the Caixin/S&P Manufacturing PMI, a privately conducted survey, achieved its highest level in over a year as foreign demand grew.

  • China's economy grew by 5.2% in 2023. Despite a significant improvement from the previous year, it still represented one of the country's weakest economic performances in more than thirty years.
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Massive river flooding expected in China's Guangdong, threatening millions: Major rivers, waterways and reservoirs in China's Guangdong province are threatening ...
reuters.com/world/china/massive-river-flooding-expected-chinas-guangdong-threatening-millions-2024-04-21/
Massive river flooding expected in China's Guangdong, threatening millions
Quick Glance: Massive Flooding Threatens Millions in China's Guangdong
  • Major rivers, waterways, and reservoirs in China's Guangdong province are at risk of dangerous floods, putting over 127 million people in jeopardy.

  • Local weather officials highlighted the severity of the situation, with certain river sections experiencing rare spikes in water levels, prompting emergency responses.

  • The province has been hit by heavy rainfall and strong winds due to severe convective weather, affecting various parts of China in recent weeks.

  • Reports of flooding, evacuations, power outages, and school closures have emerged, signaling the need for emergency preparedness and relief efforts to mitigate the impact of the flooding.
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House panel says China subsidizes fentanyl production to fuel crisis in the U.S.: A report released Tuesday by a House select committee says China is directly ...
pbs.org/newshour/politics/house-panel-says-china-subsidizes-fentanyl-production-to-fuel-crisis-in-the-u-s
House panel says China subsidizes fentanyl production to fuel crisis in ...
Quick Glance: China's Subsidization of Fentanyl Production Intensifying Crisis in the U.S.
  • A report from a special House committee states that China is fueling the Fentanyl crisis in the U.S. directly by subsidizing the manufacturing of materials used by traffickers outside the country to produce the drug.

  • The committee found that the Chinese government provides tax rebates for the production of specific Fentanyl precursors and other synthetic drugs as long as they are sold outside of China.

  • The report highlights that China not only subsidizes the manufacturing of precursor chemicals but also thwarts investigations into illegal manufacturers by warning the targets when formal requests for assistance are made by U.S. law enforcement.

  • Former Attorney General William Barr recommended that the U.S. should leverage its trade and economic power to push for stronger enforcement from Chinese authorities, and victims should take civil actions against companies and individuals involved in distributing the precursors and synthetic drugs.
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21 Chinese aircraft detected by Taiwan's defense ministry : Taiwan's defence ministry detected 21 Chinese military aircraft around the island since ...
wionews.com/world/21-chinese-aircraft-detected-by-taiwans-defense-ministry-713235
21 Chinese aircraft detected by Taiwan's defense ministry