China has approved the construction of what will be the world’s largest hydropower dam, stoking concerns about displacement of communities in Tibet and environmental impacts downstream in India and Bangladesh. The dam, which will be located in the lower reaches of the Yarlung Tsangpo river, could generate three times more energy than the Three Gorges…
Investors should consider quality firms in China and Europe with superior valuations that have executed very well despite the “dire” political and economic situations in these markets, according to Pella Funds’ Jordan Cvetanovski. In the last two to three months, Pella Funds has been looking for opportunities in China and has increased its exposure to…
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters House Democrats Jim McGovern of Massachusetts and Rosa DeLauro of Connecticut say their Republican colleagues in Congress caved to the demands of Elon Musk, sinking a…
Two weeks before Black Friday, Amazon quietly added a new section to the top of its mobile app. Called Haul, it’s a mobile-only area for ultra-low-price items, primarily shipped directly from China. Haul is Amazon’s answer to the booming popularity of apps such as PDD Holdings‘ Temu and fast-fashion retailer Shein. Amazon told CNBC that…
The West shouldn’t assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft’s president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Late last year, China’s Huawei…
Watch: BBC China correspondent ordered to stop filming and pushed at car attack scene The gates outside the Zhuhai sports complex in China were closed. Inside, the stadium was in darkness, as were the grounds around it. It was here, hours before, where dozens of people were killed when a man drove an SUV into…
A car ploughed into a crowd outside a stadium in the Chinese city of Zhuhai on Monday evening, injuring multiple people, police have said. The 62-year-old male driver, surnamed Fan, has been arrested. Local reports estimate that at least 20 people, many of whom were struck while exercising at Zhuhai Sports Centre, were injured and…
It started as a social media quest for dumplings, but ended with thousands of cyclists bringing traffic gridlock between two cities in central China. What should have been a boost to the ancient city of Kaifeng’s economy backfired when the trend went viral – tens of thousands on rented bikes cycled through the night from…
Donald Trump’s victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to Goldman Sachs. While the U.S. bilateral trade deficit with China has decreased somewhat since the Trump administration, deficits with other Asian exporters have risen…
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. “The Chinese side is willing,…
