Tag - china

 
 

CHINA

A solar farm in Shilin, China. Last year, China installed more solar panels than the United States has in its entire history.
ENVIRONMENT / Climate change
Jul 19, 2024
Why the era of China’s soaring carbon emissions might be ending
The biggest factor in the shift is changes to how China produces its electricity.
U.S. pressure to slow Beijing’s advances in making semiconductors led the Netherlands to ban exports to China of ASML’s second-most advanced category of machinery at the start of the year. But ASML continues to service machines that were bought before the restrictions were in place.
BUSINESS / Companies
Jul 18, 2024
ASML falls as outlook clouded by risk of U.S. export curbs
ASML shares plunged 11% in Amsterdam on Wednesday to €870.90 ($952), wiping out €42.7 billion of market value — its biggest decline since March 2020.
Prime Minister Fumio Kishida and the Cook Islands' Prime Minister Mark Brown shake hands during 10th Pacific Islands Leaders Meeting on Thursday in Tokyo.
JAPAN / Politics / ANALYSIS
Jul 18, 2024
With eye on China, Japan deepens ties with Pacific islands at Tokyo summit
Collaborations have been agreed in seven fields, including technology and connectivity, climate change, people-centered development and security.
The Illuminate USA solar panel plant in Pataskala, Ohio, on Monday
ENVIRONMENT / Energy
Jul 18, 2024
Many U.S. solar factories are lagging, except for those China owns
Chinese companies will have at least 20 gigawatts' worth of annual solar panel production capacity on U.S. soil within the next year.
Indian Ambassador Sibi George says one of his main tasks in his post is to boost Japanese public and private investments the South Asian powerhouse.
JAPAN / Politics
Jul 18, 2024
India’s envoy in Japan calls for boosted supply chain and defense cooperation
The ambassador’s remarks come after Indian Prime Minister Narendra Modi pledged to continue prioritizing ties with Japan.
The background footage shows a Chinese Coast Guard ship using a water cannon against a Filipino resupply vessel, during a news conference at the Department of Foreign Affairs in Manila in August 2023.
COMMENTARY / World
Jul 18, 2024
The risky business of standing up to Beijing
Philippines faces balancing act between economic interests and territorial rights.
Chinese President Xi Jinping delivers a speech in Pretoria, South Africa, Aug. 22, 2023.
ASIA PACIFIC / Politics
Jul 18, 2024
Xi to map out vision for China’s economy as key meeting wraps up
The summit comes as China battles a years-long real estate crisis, which has prompted the longest deflationary streak since 1999.
Former U.S. President and 2024 Republican presidential candidate Donald Trump speaks to his vice presidential pick, Sen. J.D. Vance, during the second day of the Republican National Convention in Milwaukee, Wisconsin, on Tuesday.
WORLD / Politics / FOCUS
Jul 17, 2024
Trump's VP pick signals stronger focus on China
J.D. Vance represents a hardening of Trump’s “America First” stance, but could also help push a tougher line on China and support for democratic Taiwan.
Several people from Nomura Holdings in charge of Asia excluding Japan are leaving the company, according to an internal memo.
BUSINESS / Companies
Jul 17, 2024
Nomura reshuffles Asia investment banking team and cuts jobs in slump
A management change coincides with a new round of job cuts involving about 10 bankers this week, sources have said.
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
WORLD / Politics
Jul 17, 2024
Trump says Taiwan should pay for defense, sending TSMC stock down
The U.S. is Taiwan's key international supporter and arms supplier, although there is no formal defense agreement between them.
PwC is considering slashing up to half its financial services auditing staff in China and about 20% of its staff in other auditing teams and nonauditing business lines.
BUSINESS / Companies
Jul 17, 2024
PwC weighs halving of China financial services audit staff, say sources
The firm has 781 partners and nearly 19,000 employees in mainland China as of last September.
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024
Luxury brands feel the sting as Chinese growth slows
China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
Protesters mark the eighth anniversary of the 2016 arbitration ruling over China's claims in the South China Sea, in Quezon City, Philippines, on Friday. Beijing still refuses to abide by the ruling.
COMMENTARY / Japan
Jul 17, 2024
South China Sea ruling anniversary and the disregard for the rule of law
Last Friday marked the eighth anniversary of the Philippines-China South China Sea arbitral tribunal ruling. That decision was a win for Manila.
Nikon President Muneaki Tokunari in Tokyo on Wednesday
BUSINESS / Companies
Jul 17, 2024
Nikon fields ‘remarkable’ demand for older chip tools in China
Nikon is making a strong marketing push in China with its new argon-fluoride lithography machines, released earlier this year.
China's success in retrieving samples from the far side of the moon and its strategic advances in space exploration are prompting calls for international collaboration amid growing concerns over efforts to achieve space dominance.
COMMENTARY / World
Jul 17, 2024
It's too early to be fighting a space race with China
Lunar exploration is dangerous enough without turning it into a contest between great powers.
China's 15-day visa-free policy is giving tourism a huge boost, with bookings from eligible countries surging 150% and attracting millions of visitors post-pandemic.
ASIA PACIFIC
Jul 17, 2024
China strives to lure foreign tourists, but it's a hard sell for some
The recent surge in tourism comes after China closed its borders in early 2020 to combat the COVID-19 pandemic, and kept them shut until the start of 2023.
The former chief of the World Anti-Doping Agency, Dick Pound, speaks during a news conference in Munich in 2016.
OLYMPICS
Jul 17, 2024
U.S. doping probe puts Olympic hosting at risk, former WADA chief says
Any country wanting to stage an international sporting event must be compliant with the anti-doping code and a U.S. probe may violate those rules, Dick Pound said.
Guo Wengui holds a news conference with Steve Bannon in New York in November 2018.
WORLD / Crime & Legal
Jul 17, 2024
Chinese tycoon Guo guilty in U.S. of $1 billion investor fraud
Convicted on nine of the 12 counts against him, he faces as many as 20 years in prison on the most serious charges when he is sentenced on Nov. 19.
ASML's headquarters and factory in Veldhoven, Netherlands
WORLD
Jul 16, 2024
ASML-backed university is caught in the middle of U.S.-China chip war
The Netherlands is facing increasing pressure from Washington to stem Beijing’s chip-making efforts.
The production plant of GCL Technology in Xuzhou, Jiangsu province, China, on July 2
BUSINESS / Economy
Jul 16, 2024
Xi Jinping’s great economic rewiring is cushioning China’s slowdown
Tech advances and a resulting export boom have helped to keep economic growth within reach of its targeted pace of around 5%.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.