Chinese embassy in UK strongly opposes former British PM’s visit to island of Taiwan
In response to former British Prime Minister Boris Johnson visiting Taiwan who has called on Western countries to build economic relations with Taiwan, the Chinese Embassy in the UK said…
US services sector stalls in July amid rising tariffs and weakening job market
The US services sector effectively stagnated in July as firms – faced with tepid demand and rising costs – reduced headcount, according to a Bloomberg report on Tuesday local time.…
Witkoff heads to Russia as Trump’s sanctions threat looms
President Donald Trump’s trusted foreign envoy Steve Witkoff is due in Moscow on Wednesday after the Kremlin requested a meeting with him in a last-ditch effort to avoid the punishing…
World marks 80 years since US dropped atomic bomb on Japan as global powers still trade nuclear threats
As the world marks the 80th anniversary of the first use of a nuclear weapon on the Japanese city of Hiroshima near the end of World War II, the planet…
China’s NEV market hits 44.3% penetration in H1, a historical high for same period
The market penetration rate is a measure of what share of the whole potential market a product or a business has achieved. Cui Dongshu, secretary-general of the China Passenger Car…
Trump threatens to “substantially” hike tariffs on Indian goods, India says to take necessary measures
US President Donald Trump on Monday threatened to “substantially” raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil. “India is not only…