Concerns Mount Over US Commitment to Regional Stability As the United States grapples with internal conflicts and global confrontations, Southeast Asia is left questioning the extent of US engagement in regional affairs. The South China Sea disputes further complicate matters, raising doubts about the bandwidth the US can dedicate to the region, according to political … Read more
In response to growing concerns about data security and cyber threats within its borders, China has introduced a comprehensive four-tier classification system to effectively address and manage data security incidents. The move reflects Beijing’s increasing apprehension over large-scale data leaks and cyber attacks, especially against the backdrop of heightened geopolitical tensions with the United States … Read more
France has unveiled a revised list of electric cars eligible for federal tax breaks, omitting Chinese-made electric vehicles (EVs) like Tesla’s Model 3 and the Dacia Spring. President Emmanuel Macron introduced new incentives encouraging consumers to choose French and European models. Among these is a €100 per month leasing program for EU-made electric cars, accompanied … Read more
Chinese President Xi Jinping embarked on his first state visit to Vietnam in six years, seeking to bolster relations between the two communist nations. The visit comes at a time when Vietnam is expanding diplomatic ties with Western nations, including a recent visit by US President Joe Biden. Xi’s agenda includes discussions on the overall … Read more
Shein, the Chinese fast-fashion giant, has filed for an IPO in the United States, with leading underwriters including Morgan Stanley, JP Morgan Chase, and Goldman Sachs. The anticipated IPO, expected to bring in billions, is marred by controversies ranging from trademark infringement to labour violations, tax evasion, and unsustainable production methods. Disturbance between Market Reality … Read more
Chinese warships from the People’s Liberation Army (PLA) Navy recently visited Cambodia’s Ream Naval Base, sparking renewed concerns from the United States about China’s influence in the region. The visit marks the first docking of Chinese warships at the base since 2022 when China was involved in renovations. While the US State Department expressed worry … Read more
China General Nuclear Power Corporation (CGNPC) has announced the full operational capacity of China’s largest onshore wind power facility in Inner Mongolia. With 701 turbines boasting a 3 GW capacity, the project aims to produce over 10 billion kWh of electricity annually. Renewable Milestone in Inner Mongolia Commencing construction in 2020, the Inner Mongolia project, … Read more
The Taiwanese government has confirmed that US officials will visit the island in the coming month to clarify intricate chip sanctions aimed at China. The Minister of Economics, Wang Mei-hua, announced the visit, emphasizing the need for detailed explanations regarding new export regulations to prevent cutting-edge semiconductors from reaching China. The planned visit underscores the … Read more
The China division of the renowned “Big Four” firm PwC is facing a substantial $7 million fine from the US Public Company Accounting Oversight Board (PCAOB). The regulator disclosed that PwC failed to prevent extensive cheating during internal training exams in mainland China and Hong Kong, marking one of the largest fines ever imposed by … Read more
Following outbreaks in Ohio, Massachusetts now faces a surge in pediatric pneumonia cases, becoming the second state in the U.S. to report such an increase. The origin of this rise is traced back to China, where a spike in pneumonia and respiratory diseases was first observed. Despite an epidemic declaration in Denmark linked to the … Read more