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Business

Airbus imposes hiring freeze to cut costs as it fights Chinese rivals

Airbus which is fighting a wave of cheaper airliners from China has also reduced its forecasted deliveries for this year from 800 jets to 770 jets. It has also lowered its operating income targets.

Economy

China's second-quarter GDP falls short of expectations

China reported weaker-than-expected gross domestic production (GDP) data for the second quarter and softened economic data for June. The country also began its Third Plenum key political meeting.

Europe News

Japan, Germany agree to boost security cooperation in Pacific

Both sides said their countries would create an economic security framework amid fears about what they view as China's overproduction of electric vehicles and other key products using massive subsidies.

USA

NATO deputy chief: 'China is a threat to our security'

Deputy Secretary General Mircea Geoană discusses the wars in Russia and Gaza at the 75th anniversary summit of the alliance.

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Tech News

Germany to ban Chinese components from core parts of its 5G networks

Germany's top security official announced that Germany will be banning the use of critical components from Chinese companies ZTE and Huawei from 2026.

USA

NATO: China has become 'decisive enabler' of war in Ukraine

It is the first time all the group's allies have stated this so clearly in a statement approved by all 32 members of the alliance at the NATO summit in Washington.

Climate

Temu, Shein: China’s landfills expose the dark side of fast fashion

Independent fashion watchdog Remake assessed big clothes companies on their environmental, human rights and equitability practices.

Poland

China-Poland rail connection inaugurated amid EU tariff tensions

China is Poland's second-largest trade partner, while Poland remains a relatively minor market for Beijing.

Mobility

Chinese driverless car hits a person crossing against the light

Comments on social media largely supported the company behind the driverless car.

Europe News

Could Orbán face consequences for his world tour?

The Hungarian autocrat has popped up in in Kyiv, Moscow, and Beijing just as his country takes over the presidency of the Council of the EU. But to what end?

Business

China's EV exports slow in June as EU imposes tariffs

China’s new energy vehicle (NEV) exports grew at a slower pace in June due to the EU’s new tariffs on Chinese EV imports. However, this impact may only be temporary, according to industry officials.

Europe News

EU confirms steep tariffs on Chinese electric vehicles

Brussels accuses Beijing of lavishing its car-makers with enormous amounts of subsidies that lead to artificially low prices and unfair competition.

Kazakhstan

Putin and Xi meet at Central Asian summit in show of deepening ties

Ever-closer collaboration between Russia, China and other countries has caused increased concern for NATO and Western powers.

Tech News

China leads global generative AI patent filings, report finds

A UN report has found that China filed six times more patent findings than the US.

Tech News

UN adopts Chinese resolution for equal AI opportunities

The United Nations General Assembly adopted a Chinese resolution with US support to close the widening AI gap between rich and poor countries

Business

BYD may overtake Tesla to become the biggest EV seller in Europe

The Chinese carmaker BYD reported record sales in the second quarter, likely overtaking Tesla to become the biggest electric car seller globally, particularly in Europe and China.

Europe News

Chinese and Polish Presidents meet for bilateral talks

Chinese President Xi Jinping met with his Polish counterpart Andrzej Duda in Beijing on Monday.

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Tensions escalate in South China Sea as China clashes with Philippines

Chinese personnel repeatedly rammed and boarded two Philippine navy boats to prevent them from delivering supplies to an outpost on Second Thomas Shoal, claimed by both nations.

China

Journalist and activist in China’s first #MeToo case jailed

Huang Xueqin & Wang Jianbing helped spark China’s first #MeToo case in 2018. Working as a freelance journalist, Huang publicised allegations of sexual harassment made by a graduate student against her Ph.D. supervisor at one of China’s most prestigious universities.

Business

China hits back at EU tariff hike on electric vehicles

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.