2 h. ago Is North Korea’s Kim shoring up navy in strategic bid with allies China, Russia?

North Korean leader Kim Jong-un has vowed to build a blue-water navy to counter what he described as growing threats from the United States, an ambition that observers say appears to be linked to broader strategic coordination with key Pyongyang allies China and Russia. Kim made the announcement during a launch ceremony at the northeastern port of Rajin for a newly repaired warship, following an earlier failed launch at the same location, state media reported on Friday. The vessel, “Kang Kon”,...

Politics

3 h. ago EU pushes for China trade "rebalancing" as Trump factor looms

EU pushes for China trade "rebalancing" as Trump factor looms  KrASIA

Politics

4 h. ago China and India Agree to Resume Direct Flights and Resolve Trade Issues, Surging Bilateral Relations and Travel Between Mumbai, Delhi, Beijing, and Shanghai

China and India Agree to Resume Direct Flights and Resolve Trade Issues, Surging Bilateral Relations and Travel Between Mumbai, Delhi, Beijing, and Shanghai  Travel And Tour World

Transport

13 h. ago Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks

Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks  Yahoo Finance

Politics

15 h. ago Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining power in talks with investors, and that he believed there would be more similar land grants in the future. Wai, who leaves the statutory body on Saturday...

Economics

15 h. ago Smiling, friendly China a perfect antidote to Trump’s angry America

Following the start of the Covid-19 pandemic in 2020, China experienced a sharp drop in the number of international visitors and many foreign residents left the country. International tourism was still below pre-pandemic levels as late as 2024. When tourists did not return in large numbers after it reopened its borders in 2023, China began to take measures to reverse the trend and bring foreigners back, rolling out a unilateral 30-day visa-free entry scheme, which now encompasses 47 countries,...

Politics

15 h. ago China solar industry to address overcapacity challenge but turnaround far off, experts say

China solar industry to address overcapacity challenge but turnaround far off, experts say  Yahoo Finance

Politics

16 h. ago This Rare Earth Stock Is Soaring as US, China Negotiate. Why It’s the Best Way to Play the Trade.

This Rare Earth Stock Is Soaring as US, China Negotiate. Why It’s the Best Way to Play the Trade.  Barron's

Politics

16 h. ago Israel’s attacks risk pushing Iran towards nuclear weapon development

Israel’s attacks against Iran’s uranium enrichment facilities and assassinations of several of the regime’s leadership figures could pile pressure on Supreme Leader Ali Khamanei to drop his long-standing ideological opposition to Tehran’s construction of nuclear weapons. To arrive at that seminal moment, Tehran must first decide whether to carefully calibrate its response to the hundreds of Israeli attacks conducted overnight so as to avoid direct military intervention by the United States,...

Events

17 h. ago Huawei’s AI chip output limited to 200,000 in 2025, US commerce official says

Huawei Technologies is expected to ship no more than 200,000 of its advanced artificial intelligence (AI) semiconductors this year, according to a senior Trump administration official overseeing US export controls, who estimated that “most or all of” those chips would be supplied to enterprises within China. That figure would pale in comparison to the more than 1 million China-specific H20 graphics processing units (GPUs) produced by Nvidia in the last nine months of 2024, according to a January...

Politics

17 h. ago China and India to work to bring back direct flights between two countries

China and India have agreed to work towards the resumption of direct flights and take other moves to boost exchanges as the latest step in their efforts to stabilise relations. The measures were announced after Indian foreign secretary Vikram Misri held talks with Chinese foreign vice-minister Sun Weidong, who was on a two-day visit to India. New Delhi’s statement released on Friday said the two sides had reviewed developments since their last meeting in January and “agreed to continue to...

Politics

18 h. ago China calls on Niger to tackle disputes with energy firms through dialogue

Foreign Minister Wang Yi has urged Niger’s junta government to resolve disputes with Chinese energy companies operating in the West African nation through dialogue. Wang made the remarks during talks with his Nigerien counterpart Bakary Yaou Sangaré in the central Chinese city of Changsha on Wednesday. “The two sides should properly handle the differences and problems encountered in cooperation through dialogue,” Wang said, according to a Chinese foreign ministry readout of the meeting, which...

Politics

19 h. ago Despite U.S., China trade deal, tariffs keep economy in state of uncertainty

Despite U.S., China trade deal, tariffs keep economy in state of uncertainty  Axios

Economics

22 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

22 h. ago Cheerleaders to critics: German machinery makers call for EU action on China

Germany’s iconic machine makers used to be among the loudest cheerleaders for ever-closer economic ties between China and Europe. Now, as exports dwindle and facing “increasingly strong [Chinese] competitors” beefed up by “unfair state subsidies”, the industry is demanding that Brussels put in place trade barriers to protect it. A new position paper published on Thursday by the Mechanical Engineering Industry Association (VDMA), representing medium-sized manufacturers that help constitute...

Politics

24 h. ago China delays approval of $35bn US chip merger amid Donald Trump’s trade war

China delays approval of $35bn US chip merger amid Donald Trump’s trade war  Financial Times

Politics

27 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

28 h. ago China’s Economy Withstood Trade Chaos But Momentum Likely Slowed

China’s Economy Withstood Trade Chaos But Momentum Likely Slowed  Bloomberg

Events

28 h. ago Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.

Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.  Politico

Politics

29 h. ago Crypto, China, critical minerals: inside Pakistan army chief’s US visit

Pakistan’s army chief, General Asim Munir, was set to arrive in Washington on Thursday, three weeks after his country’s flare-up with neighbouring, nuclear-armed rival India. Munir will stay in the US until June 18 and is expected to attend the US Army’s 250th anniversary celebrations on June 14 in the nation’s capital – a day that coincides with US President Donald Trump’s birthday, according to three people familiar with the matter. The Pakistani general is likely during his visit to travel to...

Politics