#tariffs - China to impose new tariffs of U.S. goods: Bloomberg

4 February 2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, China announced tariffs on a range of US products moment after President Trump imposed a 10% tariff on goods from Beijing. China hit US coal and liquefied gas exports with a 15% levy, and targeted its oil and agricultural equipment with a 10% fee. Today's guests: Dassault Systèmes CEO Pascal Daloz & Infineon CFO Sven Schneider.

#markets #finance - China Laughing if US, EU Start Trade War: EU's Kallas | Bloomberg The Pulse

3 January 2025

Global stocks tumbled and the US Dollar surged as President Trump threatens the start of US tariffs on global trades, beginning with Canada, Mexico and China.

He warns the EU is next, calling the bloc an “atrocity” on trade. Trump’s move is the most extensive act of protectionism taken by a US president in almost a century, with knock-on effect on everything from inflation to geopolitics and economic growth.

EU leaders are meeting for a retreat to discuss defense spending in the context of Russia’s ongoing war against Ukraine and Trump’s demands that the bloc spend more. On Monday,

EU’s foreign policy chief Kaja Kallas said, “If the US and Europe start a trade war, the one laughing on the side is China.

#China #AI #DeepSeek - Stock futures tumble as China's 'Deepseek' triggers global tech selloff: MSNBC

27 January 2025

Tech stocks plunged Monday morning, as fears mounted that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI development.

#China #AI #DeepSeek

Nvidia Loses Record $560 Billion in Market Value

#China #economy - Why China's Consumers Are Still Cutting Back on Luxury Spending Despite Stimulus: Bloomberg

25 January 2025

A report from Bain & Co. shows China's luxury market sales plunging as much as 20% in 2024, as the economic slowdown dented consumer confidence.

Weiwei Xing, partner at the consultancy, expects the first half of 2025 to remain difficult for the market, but still sees bright spots. She speaks with David Ingles and Annabelle Droulers on "Bloomberg: The China Show."

#trump #ukraine #russia - "Approachment between the U.S. and China will rise concern in Moscow" | Bohdan Nahaylo: TVP World

21 January 2025

"The U.S. under the previous administration has been unambiguously supportive of Ukraine in its defense against the Russian invasion. Hundreds of billions of dollars of military materiel and training have been provided to Ukraine. The newly inaugurated U.S. President, Donald Trump, on the other hand, has been vocal in his commitment to end the conflict. He famously promised to end it within 24 hours, which was later extended to 6 months. So what happens now? Bohdan Nahaylo, Chief Editor of Kyiv Post, joined TVP World to explore this question."

#trump #ukraine #russia

#China #TikTok - A Negotiation is Possible: Lovely on China, US, TikTok: Bloomberg

18 January 2025

Mary Lovely, Peterson Institute for International Economics Senior Fellow, weighs in on the US Supreme Court upholding the law that threatens a TikTok ban and shares that she does not think China will allow TikTok to be sold, but that a negotiation between the US and China is possible.

She also talks about what might happen in the upcoming days as the social media app's future is uncertain. Mary Lovely speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."

TikTok offers you real, interesting, and fun videos that will make your day. ... Watch all types of videos, from Comedy, Gaming, DIY, Food, Sports, Memes, and ...Google Play

TikTok, whose mainland Chinese and Hong Kong counterpart is Douyin, is a Chinese short-form video hosting service owned by Chinese internet company ByteDance. Wikipidea

#Trump #China - Trump reverses course on relations with China as Elon Musk exerts influence: CNN

18 January 2025

CNN's Will Ripley reports on Chinese Vice President Han Zeng making the historic move to attend president-elect Donald Trump's second inauguration and how it underscores Trump's popularity among the Chinese public.

Then, CNN's Fareed Zakaria discusses the relationship between President-elect Donald Trump and China's President Xi Jinping and where Elon Musk's influence comes to play.

#CNN #News

#autos - BYD’s 1,287HP Yangwang U9 Can Jump Over Pot Holes And Road Spikes: Carscoops

7 January 2025

The YangWang U9, BYD's $230,000 EV with 1,287 hp, can use its Disus X suspension to leap over potholes, spikes, and dust strips. Or so the company claims in a new marketing video. More: https://www.carscoops.com/2025/01/wat...

The Yangwang U9 (Chinese: 仰望U9) is a battery electric super-coupe manufactured by BYD Auto under its luxury car brand Yangwang. The U9 is the second ...

Moreover, the U9 features a cost-efficient 80 kWh lithium iron phosphate (LFP) battery pack, offering a range of 465 km under CLTC standards.3 days ago

Priced under $300,000, it's already creating a frenzy, with 3,000 preorders secured, especially in China. Whether it's for high-end travel or life-saving rescue missions, this futuristic ride has endless potential.2 days ago

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#Thailand #Chiangmai #China - The 'new China' in Thailand: ‘if you want hope, you have to leave’: The Guardian

7 January 2025

After 30 years of relentless growth and capitalism, a new trend has emerged in China. The search for a simpler, calmer life is leading some Chinese people to seek a life abroad. The trend is so popular that it’s gained its own internet buzzword: the “run philosophy." Chiang mai, in northern Thailand is the country’s second biggest city. It’s a tourist hotspot popular with backpackers but has recently become an unlikely second home for thousands of Chinese people seeking alternative lifestyles.

#US - Retired general explains why he believes Elon Musk is a national security risk: CNN

31 December 2024

Lt. Gen. Russel Honoré (Ret.) declared in a New York Times opinion piece that ‘Elon Musk is a national security risk.’

He joins The Source to share his reasoning.

#CNN #News

#US - Treasury Hacked: China-Backed Actor Breached Its Systems, Letter to Congress Says: Bloomberg

31 December 2024

The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday.

Treasury described the intrusion as a “major cybersecurity incident,” since it was attributed to a state-sponsored actor, according to the letter, which was reviewed by Bloomberg News.

Bloomberg's Bill Faries reports.

#world - How Does a US-China Trade War Impact Other Markets? Bloomberg

30 December 2024

China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot.

Investec economist Ellie Henderson, speaking on Bloomberg Television, says the outlook for 2025 is shrouded in uncertainty until "pen is put to paper" on US President-elect Trump's trade policies.

#USA - Biden's Geopolitical Handover | Wall Street Week

21 December 2024

President Joe Biden will hand over the Oval Office to Donald Trump — and along with it, the geopolitical challenges of trade with China, tensions in the Middle East and instabilities in democracies around the world.

#USA - China more "precise" ways to counter potential US tariff impact: Steve Hanke: CNBC International

20 December 2024

Steve Hanke of Johns Hopkins University says talk of Chinese yuan depreciation in response to potential Trump tariffs are a "lightweight" argument, saying Beijing could instead look to crimping critical-material supply to squeeze the West.

#internet #satellite #china - How China Is Challenging Elon Musk’s Starlink Satellite Service: CNBC

15 December 2024

In early December, China launched its third batch of low Earth orbit, or LEO, internet satellites for a constellation called Qianfan or “Thousand Sails” as it’s also known. The project aims to rival SpaceX’s Starlink and will be made up of 15,000 satellites.

China is also working on two other satellite constellations: Guo Wang and Honghu-3, which have plans to deploy 13,000 and 10,000 satellites respectively.

Experts say having its own satellite internet systems will grant China geopolitical influence and national security. But currently, China needs more rockets to launch all if its planned satellites to orbit.

The Qianfan constellation will compete directly with the service offered by Elon Musk's satellite internet company
#CNBC

#USA. - China relations under Trump: Here's what to know: CNBC Television

13 December 2024

CNBC's Eunice Yoon joins 'Squawk Box' to discuss expectations for U.S.-China relations under Trump.

#germany #china #scam - How a Chinese company made hundreds of millions with fraudulent climate projects | DW News

11 December 2024

German authorities approved dozens of climate projects in China that allowed firms to receive carbon credits. A DW and ZDF investigation found that these projects are likely fake and part of a large carbon credit scam. DW Investigations head Mathias Bölinger spoke to us about the investigation's findings. For the full length report into the massive scam you can head to    • How a small Chinese company tricked t...   00:00 Massive carbon credit fraud uncovered in China 04:01 Mathias Bölinger explains more on the investigation #china #germany #climatechange

#EV #China - BYD CEO ALL NEW $4,999 Car SHOCKS The Entire EV Industry: Nature Discoveries

15 November 2024

The reason why BYD went from being a bargain battery maker to Tesla's biggest rival is because of its emphasis on affordability, and to further shake the global EV industry, BYD’s CEO has unveiled a new electric vehicle priced at just 4,999 dollars.

This, in addition to challenging the high cost status quo of electric cars, opens doors for widespread access to eco friendly vehicles like never before.

But how did BYD achieve this shocking price cut, and can this budget friendly car still compete in quality and performance?

Join us as we explore the revolutionary vision behind BYD’s latest offering, examining its impact on the EV market.

#Housing - Amazing Way China Builds Ultra-Modern Capsule Houses: TEKNIQ

1 November 2024

In this episode on Tekniq, we delve into the fabrication and assembly process of Capsule Homes in China.

#santions #russia - EU envoy on Putin’s shadow fleet, measures against Chinese banks and sanctions circumvention: DW News

27 September 2024

In an exclusive interview with DW, the bloc's Envoy for Sanctions David O'Sullivan speaks of plans to go after Putin's shadow fleet, measures against Chinese banks funding export of microchips to Russia and sanctions circumvention in Southeast Asia