Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle […]
(Bloomberg) — Chinese Premier Li Qiang warned of negative consequences for the world if nations part ways economically, while hitting back at criticism that his country’s industrial policy has led to overcapacity. Most Read from Bloomberg The “regressive actions of decoupling” would only “drag the world into a destructive spiral where the fierce competition for […]
By Sam Nussey, Fanny Potkin and Miho Uranaka TOKYO (Reuters) – Japan’s efforts to rebuild its semiconductor industry are getting a shot in the arm as more and more Taiwanese chip companies expand here – not only to support a new TSMC plant but also excited about the Japanese sector’s prospects. The influx comes amid […]
BEIJING (Reuters) – Chinese foreign minister Wang Yi warned the West that it would be making a historical mistake if it sought to decouple from China in the interests of reducing risk. “Whoever tries de-sinicization in the name of de-risking would be making a historical mistake,” Wang said in a speech on Saturday at the […]
Chinese foreign minister Wang Yi warned the West that it would be making a historical mistake if it sought to decouple from China in the interests of reducing risk. “Whoever tries de-sinicization in the name of de-risking would be making a historical mistake,” Wang said in a speech on Saturday at the Munich Security Conference. […]
Global economies are decoupling, according to Bank of America.Cate Gillon/Getty Images The world’s biggest economies are seeing a “decoupling,” Bank of America says. The US is showing surprising resilience, European growth is weak, and China is faltering. Global stocks have reflected the shifting tides in trade and supply chains. The biggest players in the global […]