Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China

China, the Global Leader in Graphite Production, Implements Export Restrictions on Vital Battery Material

BEIJING China will require export permits for certain graphite products from December 1 to protect national security, as it faces increasing challenges from foreign governments over its manufacturing dominance. China is the world's top producer of graphite, providing 67% of...
China Chipmakers

China’s Global AI Governance Initiative: A New Era of Openness and Collaboration in the World of Artificial Intelligence

China has launched the Global Artificial Intelligence (AI) Governance Initiative, aiming to promote an open, inclusive, and fair approach to the development, security, and governance of emerging AI technologies and services. This move contrasts with the US's restrictions and blockade...
China Economic Data

The Ripple Effect of ‘De-Risking’ Strategies: Why the Harm Would Extend Beyond China

China's global economic importance has significantly increased in recent decades, particularly in Asia, where trade integration is crucial. China's medium-term growth prospects are influenced by factors such as income convergence to advanced economies, demographics, domestic reform momentum, and external factors...
Ryanair

Ryanair’s Resilience Prevails: Defying European Pressure, the Airline Holds Firm on Ticket Prices

ROME Ryanair, Europe's largest airline, is facing challenges in France and Italy, where it is attempting to reduce pollution from aviation. France has proposed minimum ticket prices to serve cities like Marseille and Bordeaux, while Italy is the clear market...
Stock Market

Middle East Tension Casts Shadow on Asian Stocks, Propelling Gold to a 2-Month High

Asian shares fell on Thursday due to risk aversion due to Middle East tensions, while gold prices remained near two-month peaks. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.11% lower and on course for a 1.4% decline in...
Car manufacturing

Electric Vehicle Industry’s Challenge: Tesla, GM, and Ford Scale Back Production Amidst Growing Demand Concerns

SAN FRANCISCO Tesla, General Motors, and Ford have been cautious about expanding electric vehicle production capacity due to economic uncertainties and concerns about a slowdown in demand. Tesla CEO Elon Musk expressed concerns that higher borrowing costs could prevent potential...
Tesla

Tesla Urges US to Embrace Stricter Fuel Efficiency Regulations for a Sustainable Future

Tesla has urged the Biden administration to finalize tougher fuel economy standards through 2032 than proposed by the National Highway Traffic Safety Administration (NHTSA). The NHTSA proposed raising CAFE car requirements by 2% and 4% for trucks and SUVs annually...
BYD

BYD’s Remarkable Q3 Performance: Anticipated Doubling of Net Profit Signals China’s Electric Vehicle Giant’s Unstoppable Growth

Chinese electric vehicle company BYD expects its third-quarter net profit to double due to robust sales and effective cost control. The company predicts a net profit of between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan for the July...
: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo

Japan’s Oil Diplomacy: Navigating the Complexities of the Israel-Palestinian Conflict

Japan's response to Hamas attacks on Israel has been influenced by concerns about energy security and its diverse diplomatic interests in the Middle East. Initially, Japan remained neutral, but its hesitancy may complicate its stance with its G7 peers. Japan's...
US-China tech war

Biden’s Strategic Move: Restricting China’s Access to Nvidia Chips and Extending Curbs to Global Frontiers

The Biden administration is set to halt shipments of advanced artificial intelligence chips to China, as part of a series of measures to prevent Beijing from receiving advanced U.S. technologies to strengthen its military. The rules, set to take effect...
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