World

The recent survey of Chinese enterprises in the U.S. conducted by the China General Chamber of Commerce (CGCC) revealed that despite growing concerns about U.S.-China relations and the overall business environment, a majority of companies remain optimistic about the market in the long term. This optimism is reflected in the fact that nearly 60% of
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Chinese Premier Li Qiang recently spoke at the World Economic Forum’s “Summer Davos” meeting in Dalian, China. He defended his country’s technological development efforts while also criticizing attempts to restrict global cooperation. According to Li, China’s rapid growth in new industries stems from its unique comparative advantages, such as a large market, industrial network, labor
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The European Union regulators have recently declared that Apple is in violation of the new tech rules as it restricts customers from using alternatives to its App Store. The European Commission has initiated a fresh probe into Apple’s contractual terms with developers as well. This investigation is part of a broader inquiry launched in March
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China and the European Union have agreed to embark on discussions concerning the potential implementation of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market. This announcement comes after Germany’s Economy Minister, Robert Habeck, was informed by EU commissioner Valdis Dombrovskis about the initiation of concrete negotiations with China. This development is
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Amidst rising tensions between the United States and China, the U.S. government recently issued draft rules aimed at restricting or requiring notification of certain investments in artificial intelligence and other technology sectors in China that could potentially threaten U.S. national security. These rules were proposed in response to an executive order signed by President Joe
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China has invested $230.8 billion over a span of more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies. This significant government support accounts for 18.8% of total electric car sales between 2009 and 2023. However, the ratio of spending to EV sales has decreased from
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