Beijing can’t wish away China’s overcapacity problem

aol.com All year senior officials from the U.S. and Europe have sought—without success—to persuade counterparts in Beijing that China has an “overcapacity problem.” In Beijing last…

Carbon emissions are dropping—fast

economist.com “OUR MOST pressing challenge is keeping our planet healthy,” declared Ursula von der Leyen on the day she was elected president of the European Commission in July 2019. Five…

Ursula von der Leyen is the favourite to keep leading the EU

economist.com If a politician gives a speech but no one is around to hear it, does it make a sound? Ursula von der Leyen, president of the European Commission since 2019, might have…

Europe takes aim at Putin's secret weapon

newsweek.com The European Union is mulling a plan to ban Russian financing for political parties and think tanks ahead of pivotal June elections, a step that would go some way to…

What Xi Jinping gets wrong about China’s economy

economist.com The EU is no stranger to overcapacity. Its economic landscape once featured butter mountains, milk lakes and other landmarks of excess production—the surreal results of its…

The Chinese EV Wall In Europe Is Breaking

zerohedge.com The Chinese EV Wall In Europe Is Breaking Despite EU investigations and jawboning from within the industry, it looks as though Europe has faced the inevitable: it needs to…

China’s factory glut alarms the world, but there’s no quick fix

japantimes.co.jp The groundswell of complaints about China’s factory output keeps getting louder, but there’s no sign Beijing is ready for fixes that might backfire on its vulnerable…

Europe Day marks 1 month till EU elections. Rise of hard right, wilting of Green Deal are possible

apnews.com The European Union marks its annual Europe Day on Thursday, but instead of the humdrum celebrations, all eyes are on the EU elections in a month's time, which portend a…

The EU will soon get a new leadership team. Here are the names currently in the mix

cnbc.com BRUSSELS, Belgium — European diplomats have already started key negotiations on who will take the main jobs at the European Union following elections next month. Voters…

Biden Looks to Thwart Surge of Chinese Imports

yahoo.com WASHINGTON — President Joe Biden is warning that a new surge of cheap Chinese products poses a threat to American factories. There is little sign of one in official trade…

Xi lands in Hungary as EU security rift deepens

semafor.com Semafor Signals Supported by Insights from Central European Institute of Asian Studies, Növekedés, and Royal United Services Institute The News Chinese leader Xi Jinping…

EU tariffs on Chinese EVs could backfire, German car bosses warn

finance.yahoo.com LONDON/BERLIN (Reuters) -Top executives at BMW and Volkswagen on Wednesday warned against imposing EU import duties on electric vehicles from Chinese automakers, saying it…

EU reaches deal on using profits from Russia’s frozen assets for Ukraine

theguardian.com The EU has reached a deal to seize profits from Russia’s frozen assets to fund weapons and aid for Ukraine within months. EU senior diplomats meeting on Wednesday agreed a…

TikTok Admits Xi Jinping's CCP Won't Let Its Algorithm Be Sold After Biden Gives 9 Months To Divest Or Be Banned: 'Chinese Government Has Made It Clear'

benzinga.com TikTok has filed a lawsuit against the US government, refusing to comply with the new law that requires the sale of its popular video-sharing app. The company has made it…

EU Leaders Confronts China's Xi Over Trade At Paris Summit

zerohedge.com EU Leaders Confronts China's Xi Over Trade At Paris Summit By Dorothy Li of The Epoch Times The European Union pressed China over its unfair trade practices as communist…

Europe’s economy is under attack from all sides

economist.com A decade ago Xi Jinping was welcomed to Duisburg in Germany’s Ruhr valley. He praised the region as a hub for Chinese investment; greeted a train that had spent a fortnight…

Europe wants startups to do AI with supercomputers

economist.com IT IS NOT just technology firms that are fighting over the AI pie. Countries, too, want a bigger slice. As with companies, national spoils are unevenly distributed. If…

"Oooh! Rate Cuts!" vs. "Oh! Not Rate Cuts"

zerohedge.com "Oooh! Rate Cuts!" vs. "Oh! Not Rate Cuts" By Michael Every of Rabobank "Oooh! Rate Cuts!" vs. "Oh! Not Rate Cuts" Markets are their own happy story this morning as “Oooh!…

Europe's dilemma over China trade as cheap EV fears grow

fortune.com Chinese businesses from electric vehicles to infrastructure have much at stake from President Xi Jinping’s visit to Europe this week as trade tensions simmer. The trip comes…

Hermitage Capital CEO Urges Use Of $300B Frozen Russian Assets To Stop Ukraine War: 'Don't Believe There's Any Chance He Is Going To Start A Nuclear War If We…

benzinga.com Hermitage Capital Management CEO, Bill Browder, proposed a potential solution to the ongoing Ukraine-Russia conflict. Browder suggested that the war could be halted by…

China's Xi tries to woo France's Macron during first stop of European tour

semafor.com Semafor Signals Supported by Insights from the Financial Times, Sinification, and Nikkei Asia The News Chinese leader Xi Jinping is in Paris as he embarks on a week-long…

China dominating soaring global clean tech industry

euronews.com EU’s goal to increase domestic manufacturing capacity for net-zero technologies faces stiff competition from China. Investment in clean technologies such as solar…

Xi and Macron call for closer Europe-China ties at Paris meeting

theguardian.com The Chinese premier, Xi Jinping, met the French president, Emmanuel Macron, and Ursula von der Leyen, the president of the European Commission, for talks in Paris. Xi said…

China's Most Important Export Partners

statista.com Chinese President Xi Jinping arrived in Paris on Sunday, kicking off a three-country visit to Europe, his first in five years. On the first leg of his tour, the Chinese…

EU restates readiness to launch trade war with China over cheap imports

theguardian.com The EU has restated its readiness to launch a trade war with China over imports of cheap electric cars, steel and cheap solar and wind technology, with Ursula von der Leyen…

EU Subtly Warns To Use 'Trade Defense Instruments' As China's Xi Jinping Visits France To De-escalate Trade Disputes

benzinga.com has indicated its willingness to employ all necessary trade tools to safeguard its economies if China fails to ensure fair market access. What Happened: On Monday, Ursula…

China President Xi's European charm offensive turns to trade and 'fair competition' as he meets with France's Macron

fortune.com China’s President Xi Jinping arrived at the French presidential palace on Monday for a two-day state visit that is expected to focus both on trade disputes and diplomatic…

Remembering A Day the West Wants to Forget

nakedcapitalism.com In a few days Russians will celebrate Victory Day, one of the most important dates (May 9) on its calendar, which marks the triumph over Nazi Germany. While the USSR played…

China's trade war with the US is unlikely to cool down this election year, so it's working on Europe instead

businessinsider.com French President counterpart Emmanuel Macron, China's leader Xi Jinping, and European Commission President Ursula von de Leyen meet in Beijing on April 6, 2023. Ludovic…

Macron sets Ukraine as top priority as China's Xi Jinping pays a state visit to France

abcnews.go.com PARIS -- French President Emmanuel Macron will seek to press China's Xi Jinping to use his influence to move Russia toward ending the war in Ukraine during a two-day state…

The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns

politico.eu Europe is nowhere close to banning TikTok The EU has its own ways to deal with the video app. A blanket ban is not (yet) part of it. Recent suggestions that Europe could…

China's president arrives in Europe to reinvigorate ties at a time of global tensions

abcnews.go.com Chinese President Xi Jinping is kicking off a three-country trip to Europe with the continent divided over how to deal with Beijing’s growing power and the U.S.-China…

Xi Jinping arrives in France with Ukraine and an EU trade row at the top of his agenda

theguardian.com President Xi Jinping has lauded China’s ties with France as a model for the international community, as he arrived in Paris for a rare visit against a backdrop of mounting…

Morning Bid: Green light from financial conditions, FX calm

investing.com A look at the day ahead in Asian markets. Investor sentiment in Asia is set to open the week on a positive note on Monday, buoyed by last week's upward momentum in global…

Chinese President Xi Jinping begins charm offensive in Europe amid growing uncertainty about future U.S. support for allies

fortune.com Chinese President Xi Jinping kicked off a three-country trip to Europe on Sunday with the continent divided over how to deal with Beijing’s growing power and the U.S.-China…

France's Macron set to press China's Xi on trade, Ukraine

investing.com French President Emmanuel Macron will likely urge China's President Xi Jinping, who arrives in Paris on Sunday for a rare visit, to reduce trade imbalances and to use his…

Xi Jinping trip to Europe, Toyota earnings, Malaysia interest rates

asia.nikkei.com Welcome to Your Week in Asia. The world's second largest economy is to strengthen ties with Europe. From May 5 to 10, Chinese President Xi Jinping is on his first trip to…

Macron and Xi Set to Discuss Trade Concerns, War in Ukraine

asiafinancial.com Trade and the war in Ukraine are expected to top the agenda when Chinese President Xi Jinping flies in to Paris on Sunday for talks with his French counterpart Emmanuel…

Xi Jinping to visit France, Hungary and Serbia amid EU trade tariff row

theguardian.com China’s president, Xi Jinping, is to visit Europe next week for the first time in five years, in a tour that will take in the unlikely trifecta of France, Hungary and…

Xi Jinping's trip to Europe to center on trade as challenges 'pile up'

asia.nikkei.com PARIS -- Chinese President Xi Jinping is set to embark on his first European diplomatic tour in five years, starting in France before traveling on to Serbia and Hungary.…

As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda

abcnews.go.com Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday As China's Xi Jinping…

Georgia’s ‘foreign influence’ bill could imperil its Western trajectory, EU and US warn

semafor.com Semafor Signals Supported by Insights from Foreign Policy, National Democratic Institute, and JAMnews The News Protesters in Tbilisi clashed with riot police firing water…

After Much Posturing, US Imposes (So Far) Underwhelming Sanctions Against China for Russia Trade

nakedcapitalism.com The US just announced sanctions against Chinese companies and individuals for their alleged support of Russia’s military via the sale of so-called dual use goods, as well as…

Green leader sees ‘huge danger’ to climate policy as elections loom

euronews.com A trio of leading Green MEPs have presented a proposal for a Green Industrial Deal supported by a trillion-euro EU fund and preferential interest rates from the European…

European Parliament elections tracker: who’s leading the polls?

economist.com etween June 6th and 9th, more than 400m people across the EU’s 27 member states will be eligible to vote for the next European Parliament. They will elect 720 members, or…

EU announces 1 billion euros in aid for Lebanon amid a surge in irregular migration

abcnews.go.com The European Union has announced an aid package for Lebanon of 1 billion euros — about $1.06 billion — that will mostly go to strengthening border control to halt the flow…

TikTok Ban: Is The US Government Taking A Page From China's Censorship Book?

benzinga.com The recent divest-or-be-banned legislation aimed at TikTok has sparked a wave of debate over how much the government should be allowed to control people’s access to content…

Election candidates face a TikTok conundrum as EU cracks down on app

euronews.com Hopefuls in June’s European elections are taking the leap to TikTok in a bid to influence young voters, despite the security and misinformation concerns plaguing the app.…

Analysis: Von der Leyen's overture to Meloni could totally backfire

euronews.com Ursula von der Leyen has given her strongest indication yet that she would be willing to work with Giorgia Meloni's hard-right party after the upcoming elections to the…

Group leaders dodge farming bullets at election debate

euronews.com Candidates were elusive on agriculture flash points and offered no food policy vision for the next five years. Party leaders aspiring to be president of the Commission…

How not to botch the upcoming EU leadership reshuffle

economist.com Editor’s note (February 19th): On February 19th Ursula von der Leyen announced that she would seek a second term as president of the European Commission. Featuring on a…

European Commission to probe Meta over misinformation

theregister.com The European Commission has launched formal proceedings against Meta, alleging failure to properly monitor distribution by "foreign actors" of political misinformation…

EU investigates disinformation on Meta ahead of elections

siliconrepublic.com Commission president Ursula von der Leyen said that the need to act when a tech company violates DSA rules is especially in the run-up to elections. The European Commission…

TikTok ban in EU is ‘not excluded,’ von der Leyen says

politico.eu "We know exactly the danger of TikTok." Von der Leyen didn't appear in her capacity as Commission president in Maastricht, but as the lead candidate of the center-right…

EU’s unwinnable price war with Chinese EVs summed up: BYD cars are 11-fold more profitable in Europe vs. China

finance.yahoo.com As a fleet of vessels ship ultra-cheap electric vehicles like BYD into Europe from China, helpless European carmakers have watched on begging for regulators to save them…