EconomyChina scouts Hungary to power EV battery production and sell to wider, warier EUMay 10, 2024161Xinwanda Electronics, also of China, is investing about 1.9 billion yuan (US$262.9 million) in Hungary for an EV battery factory.Hungary...
EconomyIn China, business sentiment plunges to ‘all-time low’, EU Chamber of Commerce findsMay 10, 2024111Another 13 per cent, the highest share ever recorded in the survey, said they were not planning to further invest...
InvestingEU Firms’ Appetite For China Investment Sinks to Record LowMay 10, 202469(Bloomberg) -- China is losing its luster as a top country to invest in as firms seek to avoid geopolitical...
CurrenciesThe US dollar is so strong that China’s central bank, among others, just keeps loading up on goldMay 8, 202489Robust Chinese gold buying has sent prices of the precious metal to record highs.ReutersChina's economy is struggling, leading to a...
FinanceBMW says EU probe into China EV subsidies against free tradeMay 8, 2024116German automakers have invested heavily in China in recent decades (Hector RETAMAL)The chief executive of German luxury carmaker BMW on...
FinanceBMW tells EU not to be ‘afraid’ of Chinese electric carsMay 8, 2024128China electric carsBMW has urged the European Union not to be “so afraid” of Chinese electric vehicles (EVs) amid a...
BankingMinistry of Defence is ‘hacked by China’ as officials fear names & bank details of UK’s entire armed forces stolenMay 6, 202444CHINA stole names and bank details of Britain’s entire armed forces, government officials fear.Some 270,000 people including regular troops, reservists...
FinanceEU Says Ready to Use All Trade Tools to Defend Against ChinaMay 6, 2024139(Bloomberg) -- The European Union is prepared to deploy all the tools available to defend its economies if China fails...
EconomyEU to take tough steps against China to protect economy: Von der LeyenMay 6, 2024104Von der Leyen claims there were "imbalances that remain significant" and "a matter of great concern" as she speaks of...
EconomyGlobal Impact: Asian nations take up defensive positions as Blinken’s Beijing visit falls short of cooling US-China tensionsMay 6, 2024153During the still ongoing Philippines-US Balikatan joint military exercises, both sides fired a dozen rockets in the direction of the...