EU Expects Little From China Summit
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China is a "critical partner" to Europe with a range of shared interests, state news agency Xinhua said in a commentary piece, downplaying Beijing's rivalry with the European Union bloc hours before a key summit between leaders of both sides on Thursday.
Amazon will shut down its AI research lab in a cost-cutting move as tensions flare with China and as other global companies even seek to leave the nation because of Chinese influence.
Chenguang Gong, 59, a dual citizen of the United States and China, admitted to transferring more than 3,600 files to personal devices during his brief tenure at the company, according to a statement from the U.S. Attorney's Office for the Central District of California.
To dethrone the U.S. dollar's dominance in global trade settlements, China is relying on RMB-based payments and bypassing USD-based SWIFT payment networks. On July 18, Trump signed the GENIUS Act into law to regulate stablecoins pegged to the USD.
New report details China's strategic control of battery materials essential for military systems, while U.S. companies face permitting obstacles and processing limitations.
Washington had been a buffer against China’s efforts to use UNESCO to influence education, historical designations and even artificial intelligence.
The deployment of the Mid-Range Capability, or Typhon, system in the region has repeatedly irritated China. The US sees it as a key capability.
Surging investment into Hong Kong by mainland Chinese investors is increasing market liquidity and depth while strengthening the island’s position as a gateway to China. Short-term headwinds could slow this capital flood,
Russia’s gas output declined in the first half of the year as higher exports to China and increased domestic demand failed to make up for lost flows to Europe via Ukraine.