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The US is reducing tax credits for foreign-made EV models

found Mar '23 Quartz

qz.com › electric-vehicles-us-reducing-tax-credits-1850288096

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The US Treasury Department announced new electric vehicle (EV) tax rules that will reduce or cut tax credits on EVs primarily made in foreign markets in an attempt to combat China’s growing market share in emission-free automobile production.

Sanchez urges Xi to include Ukraine in peace talks

found Mar '23 Euronews

www.euronews.com › 2023 › 03 › 31 › sanchez-urges-xi-to-include-ukraine-in-peace-talks

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Spain's president urges China to include Zelenskyy in peace talks and said he was reassured by China's rejection of the use of nuclear weapons

Spanish PM urges China’s Xi to speak with Ukraine’s Zelenskyy

found Mar '23 Al Jazeera English

www.aljazeera.com › news › 2023 › 3 › 31 › spanish-pm-urges-chinas-xi-to-speak-with-ukraines-zelenskyy

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Prime Minister Pedro Sanchez praises parts of China's 12-point proposal to end the Russia-Ukraine war.

Huawei reported its biggest annual decline in profit amid American sanctions on chip technology

found Mar '23 Quartz

qz.com › huwaei-annual-profit-largest-decline-1850287881

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Chinese telecommunications giant Huawei reported its largest annual decline in profit on Friday (March 31), citing China’s strict pandemic restrictions and rising commodity prices for its drop in sales. The company pegged last year’s profit at 35.6 billion yuan ($5.18 billion), marking a staggering 69% year-on-year…

China and Saudi Arabia are getting closer. Should the US be worried?

found Mar '23 CNN

www.cnn.com › 2023 › 03 › 31 › middleeast › saudi-china-get-closer-mime-intl › index.html

This story seems to be about:

Saudi Arabia this week moved closer to joining a China-led Asian security and economic bloc, having been granted the status of a dialogue partner in the Shanghai Cooperation Organization (SCO) as it expands its global outreach.

Japan joins the US and Europe in chipmaking curbs on China

found Mar '23 CNN

www.cnn.com › 2023 › 03 › 31 › tech › japan-china-chip-export-curbs-intl-hnk › index.html

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Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key technology to China.

China’s hospitality may not be what it seems

found Mar '23 Japan Times

www.japantimes.co.jp › opinion › 2023 › 03 › 31 › editorials › high-profile-china-visits

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The day before Jack Ma resurfaced in China, former Taiwanese President Ma Ying-jeou arrived for an unprecedented and unofficial 12-day visit.

Chinese cities are so broke, they're cutting medical benefits for seniors

found Mar '23 CNN

www.cnn.com › 2023 › 03 › 31 › economy › china-pension-protests-aging-society-intl-hnk › index.html

This story seems to be about:

China's government, strapped for cash after years of enforcing a costly zero-Covid policy, is cutting medical benefits and planning to raise the retirement age, in deeply unpopular moves that are fueling widespread public anger.

Australia says ‘deep concerns’ over journalist detained in China

found Mar '23 Al Jazeera English

www.aljazeera.com › news › 2023 › 3 › 31 › australia-says-deep-concerns-over-journalist-detained-in-china

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Chinese-Australian Cheng Lei has yet to receive a verdict after more than two and a half years in detention.

Japan to restrict chip equipment exports amid China fears

found Mar '23 Al Jazeera English

www.aljazeera.com › economy › 2023 › 3 › 31 › japan-to-restrict-chip-equipment-exports-amid-china-fears

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Tokyo's move aligns it with a US push to curb China's ability to make advanced chips.