China

<strong>China Moves in: Indonesia’s EV Strategy Shakes Up Global Battery Politics</strong>
Asia, China

China Moves in: Indonesia’s EV Strategy Shakes Up Global Battery Politics

Indonesia’s flagship electric vehicle (EV) battery consortium has come under the spotlight of the global community following the removal of South Korea’s LG Energy Solution and the potential entry of Beijing-backed Zhejiang Huayou Cobalt. The development has intensified geopolitical and economic concerns about Beijing’s growing dominance in the global EV supply chain. In fact, Huayou had already expressed its interest in the Titan project as early as last year, and it already had “the technology.” The intention was clear: China has been increasing its influence in neighbouring Indonesia’s burgeoning EV supply chain. The $9.8 billion electric vehicle (EV) battery project, also known as the Titan Project, is part of Indonesia’s plan to climb the value chain in battery manufacturing. ...
<strong>Global Trade Shift: China Seeks Allies amid U.S. Tariffs</strong>
Asia, China, USA

Global Trade Shift: China Seeks Allies amid U.S. Tariffs

Chinese President Xi Jinping's diplomatic visit to Vietnam has drawn global attention, particularly in light of the 145% tariff imposed by the United States on Chinese exports. This move has intensified trade tensions between the two economic giants, prompting China to seek stronger alliances with Southeast Asian nations. During his visit, Xi urged Vietnam to stand against unilateral trade restrictions, emphasizing the need for stable global supply chains and economic cooperation. China has been actively working to expand its trade partnerships with countries like Vietnam, Malaysia, and Cambodia, aiming to mitigate the impact of U.S. tariffs. However, despite these efforts, no single country can fully replace the trade volume China previously had with the U.S., which played a cruci...
<strong>China’s EV Expansion Faces Roadblocks in Brazil amid Tariff Calls on BYD</strong>
Asia, China

China’s EV Expansion Faces Roadblocks in Brazil amid Tariff Calls on BYD

China’s EV expansion in Brazil is facing mounting challenges as domestic automakers push for higher tariffs to counter the influx of low-cost Chinese vehicles. BYD, which has captured 47% of Brazil’s EV market, has stockpiled over 70,000 unsold vehicles in ports, anticipating tariff hikes. Brazil reinstated import duties in January 2024, starting at 10% and rising to 35% by mid-2026. Despite BYD’s dominance, local manufacturers, including Volkswagen and Toyota, are ramping up EV production. With Chinese automakers controlling 90% of Brazil’s EV market, policymakers face pressure to accelerate tariff increases. The outcome could reshape global trade policies. BYD has rapidly expanded its presence in Brazil since entering the market in 2021, leveraging aggressive pricing strategies t...
<strong>Central Bank Struggles to Contain China’s Banking Crisis</strong>
Asia, China

Central Bank Struggles to Contain China’s Banking Crisis

China’s economic landscape is facing unprecedented turbulence, as revealed by the latest report from the People’s Bank of China. While Beijing has long projected an image of strength and stability, the central bank’s findings expose eight interwoven crises that threaten to unravel the nation’s economic and social fabric. These crises—spanning deflation, real estate collapse, local government debt, weak consumption, financial system risks, export declines, unemployment surges, and capital flight—are not isolated issues but rather a self-reinforcing cycle of decline. China’s consumer price index (CPI) fell 0.1% year-on-year, while the producer price index (PPI) dropped 2.3%, signalling sustained deflation. The central bank acknowledges weak demand and calls for price recovery—an unus...
<strong>WHY USA’s TARIFFS ON CHINA MAKE SENSE?</strong>
China, USA, World

WHY USA’s TARIFFS ON CHINA MAKE SENSE?

China’s economic ascent has been propelled not by a level playing field but by comprehensive state intervention that skews markets in favor of domestic champions. In April 2025, data from China’s General Administration of Customs revealed a 21 percent year-on-year drop in Chinese exports to the United States—an abrupt decline directly linked to U.S. tariffs soaring as high as 145 percent—while Beijing sought to reroute shipments to other global markets. The United States Trade Representative’s 2024 Report to Congress documents China’s chronic non-compliance with WTO obligations, highlighting opaque procurement rules, forced technology transfers, and hidden subsidies to state-owned enterprises that produce goods at below-cost prices to undercut foreign competitors. These tactics inflat...
<strong>How China is dismantling luxury brand market</strong>
China, Market

How China is dismantling luxury brand market

Some Chinese factories and its workers have recently uploaded few videos online claiming that 80% of the global luxury brands are developed in-house in China with “Made in Italy” and “Made in France” labels. China is misusing its social media platforms to create a sense of doubt in the mind of the global buyers regarding the authenticity of luxury brands such as Gucci, Prada, Louis Vuitton, Hermes and etc. and by doing so they are quietly dismantling the luxury brand market. For example, as per few videos by TikTok user ‘senbags2’ a Chinese worker claims that they are the Original Equipment Manufacturer (OEM) of luxury handbags from Gucci, Prada, and Louis Vuitton while boasting about its craftsmanship and supply chain. Many such ‘misleading’ short videos are doing round in the social...
<strong>China’s Economic Brinkmanship:  China’s Stock Market Pays the Price</strong>
China, Market

China’s Economic Brinkmanship:  China’s Stock Market Pays the Price

China is feeling the heat from the tariff war, yet Xi Jinping remains unwilling to act first. The nation’s stock market is reeling, and the Communist Party’s rigid stance risks deepening the economic downturn. Early stimulus efforts offered little relief, and Beijing hesitates to roll out new measures, betting that Washington will yield. But as global markets tremble and political tensions rise, the stakes grow higher. Will China hold its ground, gambling on resilience, or accept that compromise is necessary? The CCP’s unwavering approach could come at a steep cost—financial instability. The world watches as Beijing weighs its next move. On April 28th, China’s stock market endured a significant downturn, amplifying concerns about economic instability. The Shanghai Composite Index s...
Following Trump’s export prohibition, Nvidia’s stock declines as Huawei, a Chinese company, apparently prepares an AI chip.
Asia, China

Following Trump’s export prohibition, Nvidia’s stock declines as Huawei, a Chinese company, apparently prepares an AI chip.

Nvidia (NVDA) stock fell just over 2% Monday following a report that Chinese tech giant Huawei is readying a new advanced AI chip in the wake of President Trump's export ban on Nvidia chips to China.The Wall Street Journal reported Monday, citing unnamed sources, that Huawei has approached some Chinese tech companies about testing a new AI chip called the Ascend 910D, which it hopes will be more powerful than Nvidia's H100 AI chips. The 910D chips are successors to Huawei's 910B and 910C chips and are still in an early stage of development. The Wall Street Journal also said Huawei is set to ship more than 800,000 Ascend 910B and 910C chips to customers, including state-owned telecommunications carriers and AI developers such as TikTok parent ByteDance.Nvidia stock spiraled after the ch...
China remains calm in the US trade battle and delays further stimulus.
Asia, China

China remains calm in the US trade battle and delays further stimulus.

China has advanced this year's stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting on Washington blinking first in a protracted trade war.The Communist Party's elite decision-making body, the Politburo, pledged on Friday to support firms and workers most affected by triple-digit U.S. tariffs on Chinese goods, but stopped short of announcing additional deficit spending.The decision to withhold additional stimulus disappointed investors, leading to a 3% slump in Chinese real estate stocks (.CSI000952), opens new tab on Monday, despite official efforts to assuage market concerns over a sharp downturn in growth.Beijing is already in a higher stimulus gear, which it can maintain over the coming months to mitigate the pain of losing, at least temporari...
China downplays impact of Trump tariffs on economic recovery
Asia, China

China downplays impact of Trump tariffs on economic recovery

Chinese policymakers on Monday sought to assuage concerns the broad U.S. tariffs could derail efforts to shore up a fragile economic recovery, even as analysts warn the hefty levies raise the risk of a sharp downturn in growth.U.S. President Donald Trump's global trade war has rattled financial markets and raised fears of a recession, particularly as tit-for-tat tariffs between the world's two biggest economies threaten to upend supply chains and a whole range of industriesHowever, Zhao Chenxin, vice head of the National Development and Reform Commission (NDRC), China's state planner, said he was "fully confident" the country will achieve its economic growth target of around 5% for 2025.Zhao refrained from announcing any new support or stimulus measures, but said the NDRC would roll out n...