Cue sad trombone: Hedge fund billionaire John Paulson — a major Trump donor and tariff advocate — is closing his Ohio brass instrument plant and outsourcing the work to China, according to a new report. Paulson’s company, Conn Selmer, the nation’s top maker of brass and orchestral instruments, has notified employees that it will move … Read more
Western automakers, from the Big Three to EV pure play, are delivering the same strong warning: Chinese automakers are a threat to their survival if domestic production is not protected. “China poses a clear and present threat to the auto industry in the United States,” the Alliance for Automotive Innovation (AAI), a trade group representing … Read more
TAIPEI, Feb 13 (Reuters) – A bipartisan group of 37 U.S. lawmakers have written to senior Taiwanese politicians expressing concern over parliament blocking proposed defense spending, saying the threat posed by China has never been greater. Taiwan’s President, Lai Ching-te, last year proposed $40 billion in extra defense spending to counter China, which considers the … Read more
By Tim Kelly TOKYO, Feb 9 (Reuters) – Japanese Prime Minister Sanae Takaichi’s landslide election victory has quelled domestic opposition to her hardline security agenda, fueling plans to press ahead with a defense expansion that China has condemned as a return to militarism. As the scale of her government’s historic victory became clear on Sunday … Read more
BEIJING, Feb 6 (Reuters) – Intel ( INTC ) and AMD ( AMD ) have notified Chinese customers of supply shortages for server central processing units (CPUs), with Intel warning of delivery times of up to six months, people with knowledge of the delay said. Supply constraints have raised prices for Intel’s server products in … Read more
Credit: @ChineseArmy/YouTube China has unveiled plans for a space carrier that could use unmanned fighter jets capable of firing missiles from the edge of the Earth’s atmosphere. State media released a concept video of the futuristic Luanniao, the world’s largest warship, which travels through space above all current defensive systems. China has claimed that the … Read more
BEIJING, Feb 3 (Reuters) – China and Uruguay should work together to advance an “equal and orderly multipolar world”, President Xi Jinping told his counterpart Yamandu Orsi on Tuesday, according to a media report. Orsi’s visit is the first by a South American leader to the Chinese capital since the United States invaded Venezuela in … Read more
HONG KONG (AP) — China has been flooding Latin American markets with low-cost exports, especially cars and e-commerce goods, as its exporters adjust to tariffs and the geopolitical moves of U.S. President Donald Trump. The world’s second-largest economy has become a key trading partner for many Latin American nations, which are seeking access to their … Read more
By Farah Master, Colleen Howe and Liz Lee HONG KONG/BEIJING, January 30 (Reuters) – British Prime Minister Keir Starmer’s visit to China is the latest victory Beijing can score in its rivalry with Washington, but the deals it brings back to London also show the limits of the balancing act the middle powers can try … Read more
By Laurie Chen BEIJING, Jan 29 (Reuters) – China plans to launch space-based artificial intelligence data centers over the next five years, state media reported on Thursday, challenging Elon Musk’s plan to use SpaceX data centers in the skies. China’s main space contractor, China Aerospace Science and Technology Corporation (CASC), has pledged to “build a … Read more