European firms navigating new terrain: China’s market shift sparks strategic adaptation
European companies recalibrate strategies amid China's economic slowdown, navigating shifting market dynamics and geopolitical tensions.
Geopolitical Tensions
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Huawei’s strategic shift: Breaking free from U.S. Dependencies
Huawei's development of its own operating system, HarmonyOS, represents a strategic move to reduce its dependence on U.S. technologies, particularly in response to geopolitical tensions and U.S. sanctions.
China and France join forces to advance global governance of artificial intelligence
China and France unite to confront AI challenges, pledging cooperation for responsible development. Their joint efforts aim to strengthen global governance, fostering transparency and human-centric values in AI innovation, ensuring its benefits serve the common good.
Amidst geopolitical tensions, Wang Yi emphasized contribution of Russia and China to global strategic stability
Wang Yi has emphasized the steadfast development of relations between China and Russia, underscoring their joint efforts to maintain strategic stability in the Asia-Pacific region and globally.
India’s petroleum product exports hit 15-month low in January
The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel, jet fuel, gasoline, and naphtha among others.
Islamabad alleges India’s involvement in covert killings within Pakistan’s borders
In a tense diplomatic exchange, Islamabad asserts that India is culpable for clandestinely orchestrating recent killings within Pakistan. The accusations heighten concerns over regional security and strain relations between the two neighboring nations.
Red Sea crisis puts strain on China’s exporters as shipping delays and costs mount
The vulnerability of China's export-dependent economy to supply chain disruptions is evident, highlighting the need for resilience against external shocks.
Taiwan’s export orders experience 2nd consecutive annual drop amid Global challenges
Last month, export orders plunged by 16% year-on-year to US$43.81 billion, falling below the ministry's forecast of an 8% decline. The persistent challenges of a wavering global economy impacting consumer spending, coupled with ongoing supply chain corrections, contributed to the disappointing performance.
U.S.-China Chip battle entangles South Korea’s SK Hynix, forcing tough decisions
South Korea's SK Hynix, a global memory chip giant, faces a challenging dilemma as its Dalian plant, acquired from Intel in a $9 billion deal, becomes entangled in the intricate web of the U.S.-China chip battle.
China faces slowest economic growth since 1990 amid property crisis and global challenges
The National Bureau of Statistics disclosed that gross domestic product (GDP) reached 126 trillion yuan ($17.6 trillion) last year, representing a notable deceleration from the robust growth rates observed in the previous decade.
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