World News by Wild Rose

The White House’s bid for a US “golden age” of science should put China on alert, Chinese analysts have warned, but they remain sceptical as to whether President Donald Trump’s alliance with Silicon Valley billionaires can pull it off. This comes as Trump, in another arguably unconventional move, handed the country’s highest science and engineering awards to top American tech bosses. Elon Musk, head of electric-vehicle maker Tesla and aerospace manufacturer SpaceX, received the National Medal of...

China has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt. 

Katie Zacharia, US President Donald Trump’s newly appointed White House press secretary, faces questions about her legal credentials after telling reporters on Tuesday that she passed a bar exam “when I moved to China”, without identifying the jurisdiction. Zacharia, who has repeatedly described herself as a lawyer, made the remark after her first official White House press briefing. According to her LinkedIn profile, she worked as an associate at Zhong Lun Law Firm, one of China’s largest, in...

A planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing an agreement with the state investment agency Proinversion. He said firms from Turkey and the...

The Philippine military has rejected calls to restore direct communication channels with its Chinese counterpart, despite warnings from Beijing that their absence risks “miscalculation” during confrontations and could further escalate tensions in the South China Sea. On Tuesday, the Armed Forces of the Philippines said it would not communicate with its Chinese counterpart in advance of its maritime operations, arguing that such channels were ineffective without mutual respect for international...

A Chinese research team has proposed four types of equipment that could rapidly switch between wartime environments, including operating deep under water for long periods, as multi-domain combat is set to develop in the coming decades. The “heterogeneous” equipment is designed to exceed conventional armoured vehicles by rapidly reconfiguring physical modules and functions within seconds for missions across land, water, air and electromagnetic contest grounds, according to the scientists. The...

A European Union deal to cap hybrid imports from China is only the first step as trade asymmetry goes far beyond cars, the bloc’s top economics official said.

Tokyo, Oct. 13 (Jiji Press)--A delegation from China has visited Etorofu, one of the four Russian-controlled northwestern Pacific islands claimed by Japan, the government of the Sakhalin region in the Russian Far East said Tuesday. The visit by the mission, comprising local government officials and business representatives from the northeastern China province of Heilongjiang, which borders ...

Ministry of External Affairs spokesperson Randhir Jaiswal reiterated that the Union Territory of Ladakh is an integral and inalienable part of India

A dance move known as the “flash step” recently went viral on Chinese social media, inspiring countless imitations, memes and creative merchandise, including keychains. In September, Chinese netizens jumped on the bandwagon, copying moves from a dance tutorial video made in the 1990s. They were especially taken with three moves featured in the video: the “flash step”, “prodigal kicking the ball” and “black bear shaking fur”. As its name vividly suggests, the flash step is a rapid, side-to-side...

The British Council said its IELTS examinations across China would resume Wednesday, ending four days of cancellations stemming from technical problems that left test takers scrambling at the height of the overseas university admissions season. The organisation announced on Tuesday afternoon that it would hold two free make-up sessions on October 19 and 20 for affected candidates and reimburse reasonable travel and accommodation costs for those who travelled to testing centres. The...

LVMH's sales in mainland China dropped by double digits in the third quarter, adding to doubts about the durability of a broader luxury recovery. Bloomberg's Angelina Rascouet reports. (Source: Bloomberg)

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

China is seeking public comments on draft rules that would streamline procedures for “low-risk” exports of aviation components such as engines and inertial navigation systems to give the industry a competitive boost. Such avionics currently are classified by Chinese authorities as “dual-use” items, which can serve both civilian and military purposes, and are subject to strict export licensing requirements. If implemented, “this will reduce compliance costs for an industry with extensive...

Haidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust taxation. The Hong Kong-listed hotpot chain said in a stock exchange filing on Monday night that it would fund the loan from internal resources and charge interest at 0.6 percentage points above the...

Soybeans fell as top importer China has yet to make significant purchases after a weeklong holiday, and the supply outlook for the US remained ample.

Visa Inc. received approval to begin preparations to establish a domestic bank card clearing business in China, teeing up the firm to potentially follow rivals Mastercard Inc. and American Express Co. in serving the nation’s massive payments market.

LVMH Moët Hennessy Louis Vuitton SE offered a closer look at the deepening Chinese luxury slump this week, revealing that sales on the mainland dropped by double digits in the third quarter while the traditionally high-spending consumer group also pulled back overseas.

Over the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring cities at the centre of China’s Apec year. For Hong Kong’s tourism industry, they offer a timely...

A group of Chinese officials are in the middle of a highly sensitive meeting involving critical decisions yet to be made behind closed doors, with documents stamped “classified” spread across the table. Suddenly, an invisible laser beams into the room, sweeping across a glass window and allowing the contents of the meeting to be transmitted elsewhere. China’s Ministry of State Security laid out this seemingly futuristic scenario six months ago, warning government departments and other entities...

China set five live-fire zones from 12 October, none in the Taiwan Strait, but a closure would hit shipping, insurance and US chip supply chains. The post Taiwan Strait Risk and the Cost of a Closure appeared first on The Rio Times.

Mexico's Economy Ministry imposed a provisional US$68.60 anti-dumping duty on each adult bicycle from China, effective Tuesday 13 October for six months. The post Mexico Sets US$68.60 Duty on Chinese Bicycles appeared first on The Rio Times.

As calls for an AI slowdown mount, Chinese and US governments are taking different approaches to AI development. Our latest episode comes a week ahead of Presidents Trump and Xi's meeting and compares the trajectory of China's AI models against their US counterparts. In this episode of Bloomberg Tech: Asia, Shery Ahn speaks with Bloomberg Intelligence's Rob Lea and Bloomberg Economics' Michael Deng to examine the factors that enable or hinder China's AI advancement. We also hear from Phancy Group, a Chinese AI firm deeply embedded in the country's ecosystem. (Source: Bloomberg)

The biennial Paris Motor Show officially opened this Monday in France. Over 200 auto sector brands will be present, rivalling for attention with their latest models and innovations. This competition for attention mirrors the competition for market share. This is especially true between local European brands and Chinese ones which have seen their sales surge on the continent over the past ten years – prompting accusations of unfair competition. Report by Charles Pellegrin, FRANCE 24’s business editor.

LVMH’s biggest division posted a slump in sales last quarter as its key Louis Vuitton brand suffered from a boycott in China.

Rio Times · Asia Intelligence Brief October 12, 2026 — North Korea launches a suspected ballistic missile into the sea; Taiwan monitors Chinese live-fire drills along five coastal zones; South Korea orders action over workplace safety deception; China resumes Yellow Sea patrols with Seoul. The post Asia Intelligence Brief — Monday, October 12, 2026 appeared first on The Rio Times.

Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...

Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war. Beijing agreed not to retaliate against Brussels’ move to curb imports of Chinese hybrid cars,...

The Paris Motor Show opens its doors today, and with it come mounting economic and diplomatic issues. The European Union has just announced that it has secured a commitment from China to moderate the flow of hybrid vehicles into the block's market. It opens the prospect of cutting China's export by more than a half and could prevent millions of Chinese cars from being shipped to Europe. Are European automakers capable of withstanding this competition and their dependence on China? This report from France 2 and Morgan Ayre.

China accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA). While 95 per cent of the nearly US$27 billion annual spending by American chipmakers on manufacturing equipment and materials was sourced from companies headquartered in the US, Europe, and Japan, that figure...