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China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming
The United States and China have signed a long-awaited framework agreement aimed at restarting rare earth mineral shipments and easing trade tensions ahead of a critical July tariff deadline, U.S. Commerce Secretary Howard Lutnick confirmed this week. The deal, finalized ...
Rubio to Welcome Asian ‘Quad’ Back to Washington
U.S. Secretary of State Marco Rubio will welcome counterparts from the "Quad" -- Australia, India, and Japan -- to Washington on Tuesday, in an at least brief refocus on Asia, the State Department announced. Rubio had welcomed Quad foreign ministers on ...
WEEK IN REVIEW: China to Shift to a Massive-Scale Consumption Economy – China’s Premier Li Qiang
The Taiwanese tech company Foxconn, a major assembler of Apple products, received approval from Taiwan’s regulator for a $2.2 billion investment in facilities in India and the U.S. The Department of Investment Review in Taiwan’s Ministry of Economic Affairs also approved a $1.49 billion investment in a subsidiary ...
Trump’s Contradictory Iran Strategy Leaves U.S. Weaker After War’s End, Says Chinese Commentator
After President Trump announced that American forces had destroyed Iran’s nuclear facilities, ending the Israel-Iran conflict, Chinese media shifted focus from how the war would unfold to analyzing what actually happened. A commentary from news platform Guancha.cn titled “For Iran, which is the greater mistake—staying defiant ...
Trump Says China Can Continue to Buy Iranian Oil
China can continue to buy Iranian oil, U.S. President Donald Trump said on Tuesday, in what appeared to be relief for Tehran from sanctions that Washington has previously imposed to punish the trade. "China can now continue to purchase Oil from ...
China’s Xi Urges Singapore Leader to Jointly Resist ‘Hegemony’
Chinese President Xi Jinping called on Singapore's prime minister to join the fight against "hegemony" and protectionism in trade as they met in Beijing on Tuesday. Prime Minister Lawrence Wong's first official visit to China lasts until Thursday. ...
China’s Critical Minerals Lead Widens as Rivals Struggle to Keep Pace
Despite growing talk of securing alternative supply chains, China has entrenched itself as the world’s undisputed leader in critical minerals, widening a lead that few anticipated would stretch so far, so fast. From lithium to nickel to rare earths, China’s ...
Rubio Urges China to Persuade Iran Not to Close Strait of Hormuz
U.S. Secretary of State Marco Rubio called on China to use its influence with the Iranian government to discourage Tehran from closing the Strait of Hormuz, a strategically vital waterway that an estimated 20% of the world's oil supply passes through. ...
U.S. Urges China to Keep Iran From Shutting Key Trade Route
U.S. Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites. "I encourage the Chinese government in Beijing to call them ...
China ‘Strongly Condemns’ U.S. Strikes on Iran: Foreign Ministry
China's foreign ministry said on Sunday it "strongly condemns" U.S. strikes on Iran's nuclear sites, adding that they "escalate tensions in the Middle East." "China calls on all parties to the conflict, especially Israel, to cease fire as soon as possible," ...
Japan-U.S.-Philippines Coast Guards Simulate Crisis Amid China Threat
By Andrew McKirdy Helicopters buzzed in the shadow of a smouldering volcano, and boats rescued dummies from the sea this week in a show of maritime unity by Japan, the United States, and the Philippines. ...
Africa EV Digest: Tesla Opens Africa Office, Upping Competition For Chinese Brands
This is a free preview of the upcoming Africa EV Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. Topline Insight Tesla’s Africa expansion through its new Morocco office ...