4 h. ago Soybeans Lead Grains Higher Betting on China Deal: Cattle Still Digesting Trump Beef Plan

Soybeans Lead Grains Higher Betting on China Deal: Cattle Still Digesting Trump Beef Plan  AgWeb

Politics

6 h. ago EV battery maker Gotion abandons plan for US$2.4 billion factory in Michigan

A subsidiary of Chinese battery company Gotion has abandoned a plan to build a US$2.4 billion plant in Michigan to produce essential materials for electric vehicle batteries, the state said on Thursday. The plan, first announced in October 2022, was expected to create 2,350 factory jobs but came under criticism from some lawmakers for the company’s Chinese ownership. The Michigan Economic Development Corporation (MEDC) said none of a US$125 million state grant for the project was ever disbursed...

Economics

6 h. ago Plug pulled on Chinese firm Gotion’s US plant, days before Trump meets Xi

After years of fiery protests, lawsuits and intense scrutiny over alleged Communist Party ties, the plan for a controversial multibillion-dollar Chinese electric vehicle battery plant in Michigan is officially dead. The setback comes just days before President Xi Jinping will meet US counterpart Donald Trump to talk about fair trade and economic relations in South Korea. On Thursday, the state’s economic arm announced that it had suspended US$175 million in grants for the enterprise after...

Politics

8 h. ago US lawmakers urge Trump to press Xi on American detainees, exit bans

A group of US Republican lawmakers is urging President Donald Trump to confront Chinese President Xi Jinping at an expected summit next week about Americans they view as unjustly detained or barred from leaving China, framing Beijing’s use of exit bans and detention as “tools” to gain leverage. In a letter released on Thursday, three Republicans – Senator Dan Sullivan of Alaska, Representatives Chris Smith of New Jersey and John Moolenaar of Michigan – highlighted the cases of two Americans,...

Politics

10 h. ago Hong Kong to align with national blueprint, seize opportunities: John Lee

Hong Kong will identify its strategic positioning within the national development blueprint and proactively align with the country’s next five-year plan, the city’s leader has said. Chief Executive John Lee Ka-chiu said on Thursday that recommendations adopted at the fourth plenum of the Communist Party’s Central Committee – where the country’s political leadership deliberated on the 15th five-year plan – were of great significance and impact to Hong Kong. “Hong Kong will identify and focus on...

Politics

11 h. ago FOCUS | CPC plenum concludes, adopting recommendations for China's 15th Five

FOCUS | CPC plenum concludes, adopting recommendations for China's 15th Five-Year Plan  Xinhua

Politics

12 h. ago China faces ‘profound’ changes, vows ‘rapid’ development in five

China faces ‘profound’ changes, vows ‘rapid’ development in five-year plan  Al Jazeera

Politics

12 h. ago Are China’s lithium battery export curbs slowing upgrades to US Abrams tanks?

Weeks after China unveiled its lightweight but powerful Type 100 main battle tank featuring diesel-electric propulsion, the US Army’s pursuit of a similar design for a hybrid-electric next-generation version of the Abrams tank faces a new strategic hurdle. Beijing has imposed export controls on the advanced lithium batteries critical for powering such next-generation military systems, creating a significant and immediate supply challenge for the US development timeline. The Type 100 tank was...

Events

14 h. ago China’s global goal for yuan boosted by Ethiopian hopes for loan currency swap

Ethiopia’s plan to convert its dollar-denominated Chinese loans to yuan is a “savvy financial arbitrage play” in the view of some analysts, while others warned that the move could “complicate” negotiations with bondholders over the 2023 Eurobond default. Eyob Tekalign, governor of the Ethiopian central bank, confirmed last week that Addis Ababa had initiated talks with Chinese lenders, including the Export-Import Bank of China (China Eximbank) and the People’s Bank of China, to swap part of its...

Politics

14 h. ago WATCH: World watches closely as Beijing formulates new economic plan

WATCH: World watches closely as Beijing formulates new economic plan-News-Radio Taiwan International  Rti 中央廣播電臺

Economics

16 h. ago China cautions against ‘raging storms’ as fourth plenum comes to a close

Beijing has pledged to make “notable progress in pursuing high-quality development” and “substantially improve” its capacity for technological self-reliance and innovation in the next five years, as the fourth plenum of the Communist Party’s Central Committee – where the country's political leadership deliberated on the next five-year plan – came to a close. China will make new breakthroughs in “further deepening reforms across the board” while continuing to improve people’s living standards,...

Events

16 h. ago CPC plenum concludes, adopting recommendations for China's 15th Five

CPC plenum concludes, adopting recommendations for China's 15th Five-Year Plan  China Daily

Politics

16 h. ago Xinhua Headlines: CPC plenum concludes, adopting recommendations for China's 15th Five

Xinhua Headlines: CPC plenum concludes, adopting recommendations for China's 15th Five-Year Plan  Xinhua

Politics

20 h. ago As China’s fourth plenum wraps, editorial hails system as anchor of stability

As China prepares to unveil its next five-year plan on Thursday, the mouthpiece of the country’s ruling Communist Party has styled the nation’s socialist system as a source of strength that powers the development of the vast Chinese economy and provides stability to the global economy. In an editorial published on Thursday morning, People’s Daily said that China’s five-year plans provided clear direction and predictability amid global uncertainty, with the country estimated to have contributed...

Politics

22 h. ago Taiwan wary China's new economic plan could include sensitive frontline islands, sources say

Taiwan wary China's new economic plan could include sensitive frontline islands, sources say  Reuters

Economics

36 h. ago Chinese state media says US ‘dying’ as Beijing drafts next 5

Chinese state media has labelled the US a failed state, claiming it is “dying from within” as its global hegemony declines. The commentary published in Beijing Daily on Tuesday came as China’s policymakers prepared to outline long-term plans amid intensifying competition with Washington. Beijing on Monday began a key four-day conclave that will determine the country’s development over the next five years. The fourth plenum of the Communist Party’s Central Committee, which runs through Thursday,...

Events

40 h. ago Chinese state media says US 'dying from within' as Beijing drafts next 5

Chinese state media says US 'dying from within' as Beijing drafts next 5-year plan  Yahoo

Events

51 h. ago Trump says Ukraine talks with Putin off for now, doesn’t want ‘wasted meeting’

US President Donald Trump said on Tuesday that his plan for a swift meeting with Russian leader Vladimir Putin was on hold because he doesn’t want it to be a “waste of time”. It was the latest twist in Trump’s stop-and-go effort to resolve the war in Ukraine. The decision to hold off on the meeting in Budapest, Hungary, which Trump had announced last week, was made following a call on Monday between Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov. “I don’t want to have...

Politics

56 h. ago Europe, Ukraine prepare plan to end war, proposing peace board headed by Trump

European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines, pushing back against Vladimir Putin’s renewed demands to the US for Kyiv to surrender territory in return for a peace deal. A peace board chaired by US President Donald Trump would oversee implementation of the proposed plan, according to people familiar with the matter. Once Russia follows Ukraine in agreeing to a ceasefire and both sides commit to halting territorial advances, the...

Politics

57 h. ago The Central Committee of the Communist Party of China opens deliberations on the 15th Five

The Central Committee of the Communist Party of China opens deliberations on the 15th Five-Year Plan  Peoples Dispatch

Politics