China, TikTok and European Union
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EU, laser and Germany
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Sales increased 0.4% in the second quarter, supported by strong growth in Europe and deliveries edging higher in the U.S.
Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid a global shift towards electric vehicles.
Also in today’s newsletter, Uniqlo basks in consumers buying ‘summer all year’ clothes, and the Bank of Korea’s interest rate dilemma
China EU relations. Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi traveled to Europe from June 30 to July 6 to attend the new
European Union officials will spend July in talks with China. Tensions are high, hopes are low and stability is the end game.
WASHINGTON (AP) — Foreign tourists are trickling back to China after the country loosened its visa policy to unprecedented levels. Citizens from 74 countries can now enter China for up to 30 days without a visa, a big jump from previous regulations.
China has barred European medical device companies from selling to its government in response to EU trade restrictions
Importing cheap Chinese rare earths comes with big risks. In April, in response to President Trump’s tariffs, China temporarily suspended almost all exports of seven kinds of rare-earth metals, as well as some of the very powerful magnets made from them.
The European Parliament has censured China over restrictions on rare earth exports, urging the EU to resist Beijing's moves to gain leverage. Ahead of an EU-China summit, lawmakers passed a motion criticizing China's actions as coercive,
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