Global financial firms are pivoting expansion plans towards South Korea while taking a more measured approach to China and India, according to an industry survey.
China escalates Takaichi feud by blacklisting more Japan firms
China expanded its export-control offensive against Japan, doubling the number of Japanese entities subject to curbs and deepening a feud with Prime Minister Sanae Takaichi’s government.
Strategic importance of Bangladesh’s Mongla Port, as Dhaka hands key project to China, ending India deal
During Bangladesh PM Tarique Rahman’s 1st state visit to Beijing, Bangladesh signed an MoU to develop China-Bangladesh Mongla Port Economic Zone adjoining country’s 2nd-largest seaport.
China signals concessions to EU on rare earths as trade talks begin
China has signalled it is willing to make concessions to the European Union in a dispute over export limits on rare earths and permanent magnets, with Chinese Minister of Commerce Wang Wentao assuring …
China backs Bangladesh’s Teesta project, brushes aside India’s security concerns
China has reiterated its support for Bangladesh’s Teesta River Comprehensive Management and Restoration Project (TRCMRP), despite India’s concerns over Beijing’s growing involvement in a region close …
If you think China needs to dethrone U.S. dollar, you don’t understand how it is waging global currency war
It’s misguided to focus on China’s renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
EU’s trade chief wants results on trade talks with China by October
BRUSSELS, June 29 (Reuters) – EU trade chief Maros Sefcovic, who met China’s commerce minister Wang Wentao in Brussels on Monday, said he wanted talks on trade to yield tangible results by October, during a scheduled trip to Beijing.
China says warplanes entered South Korea’s defense zone in drill
China says more than 10 Chinese and Russian warplanes entered South Korea’s air defense zone during an 11th joint patrol without violating airspace.
‘One-time opportunity’: South Korea bets big on AI boom
South Korea’s chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial opportunity to outpace rivals like China. Massive …
China could have the keys to your life savings
Beijing is deploying market access to steal intellectual property, monitor Americans and conduct economic espionage.