1 week ago Amazon faces Italian probe over alleged smuggling of Chinese goods

Italian police carried out searches and seizures at two Amazon sites in Italy on Monday as part of an investigation into the alleged smuggling of Chinese goods, three people with direct knowledge of the matter said. Dozens of officers from the Guardia di Finanza tax police and the customs agency seized around 5,000 products at a logistics hub operated by the e-commerce giant in Cividate al Piano, in the northern province of Bergamo, the sources said. At Amazon’s Italian headquarters in central...

Politics

1 week ago Exchanges between Hong Kong, Japan must align with China’s ‘dignity’: John Lee

All official exchanges between Hong Kong and Japan should respect the nation’s dignity and align with the benefits of Hongkongers, the city leader has said as he raised doubts over the effectiveness of such interactions amid an ongoing diplomatic dispute between Beijing and Tokyo. Chief Executive John Lee Ka-chiu’s remarks came on Monday, after it was reported that the administration had called off several exchanges with the Japanese consulate in Hong Kong and postponed discussions. “The...

Politics

2 w. ago Bitcoin ETF investors in the red after cryptocurrency’s US$89,600 level breaks

The bitcoin rally that welcomed a wave of new investors through easy-to-access exchange-traded funds (ETFs) has officially gone underwater. Investors in US ETFs that offer direct access to the cryptocurrency are now sitting on collective losses. The average cost basis across all ETF inflows sits at approximately US$89,600 – a level bitcoin breached on Tuesday, according to Sean Rose at market intelligence firm Glassnode. That figure reflects the flow-weighted average price of all ETF inflows...

Economics

3 w. ago Editorial | China’s commitment to globalisation evident at import expo

Editorial | China’s commitment to globalisation evident at import expo  South China Morning Post

Politics

3 w. ago There’s still ‘no evidence’ China is buying all the U.S. soybeans it promised under Trump’s trade deal amid oversupply from South America

There’s still ‘no evidence’ China is buying all the U.S. soybeans it promised under Trump’s trade deal amid oversupply from South America  MSN

Politics

3 w. ago There's 'no evidence' China is buying all the U.S. soybeans it promised under Trump's trade deal

There's 'no evidence' China is buying all the U.S. soybeans it promised under Trump's trade deal  Fortune

Politics

3 w. ago China’s tech giants to lead AI growth despite chip challenge: JPMorgan

China’s internet giants are poised to drive the continued adoption of artificial intelligence in the country, with AI chip shortages unlikely to pose significant obstacles for the sector in the short term, according to JPMorgan analysts. Sustained user adoption of AI features would be a key theme in the coming year despite the absence of “clear evidence” of AI monetisation in China, said Alex Yao, co-head of Asia-Pacific technology, media and telecoms equity research, in a briefing on...

Politics

3 w. ago Strong Evidence That China’s Next Carrier Will Be Nuclear Emerges In Shipyard Photo

Strong Evidence That China’s Next Carrier Will Be Nuclear Emerges In Shipyard Photo  The War Zone

Events

4 w. ago Brazil’s Lula opens Cop30 demanding courage – and cash – to save the planet

Brazilian President Luiz Inacio Lula da Silva kicked off the Cop30 climate summit on Thursday, urging leaders to turn promises into action while highlighting his country’s work within the Brics group to reaffirm the importance of climate finance, capacity building and technology transfer in global cooperation. The meeting comes amid the notable absence by the United States. President Donald Trump, who ordered the country’s withdrawal from the Paris Agreement in January, declined an invitation...

Politics

4 w. ago Technology transfer and political alignment: new evidence from China’s outward foreign direct investment (OFDI) in Africa

Technology transfer and political alignment: new evidence from China’s outward foreign direct investment (OFDI) in Africa  Nature

Politics