Nino Abdaladze

The Lede: China's increasing influence over an Italian tiremaker Pirelli is causing mounting pressure, as the CEO warns against the potential loss of independence because of the company’s Chinese state-owned shareholder Sinochem. What we know: * Pirelli's CEO, Marco Tronchetti Provera, informed government officials in Rome

The Lede: Pakistan made its initial government-to-government purchase of discounted Russian crude oil using Chinese currency, State Minister for Petroleum Musadik Malik said this week, marking a departure from Pakistan's previous practice of conducting export payments primarily in U.S. dollars. What we know: * On Sunday, the initial

The Lede: The Prime Minister of Russia, Mikhail Mishustin, visited Beijing and signed a series of agreements with China on trade and sports cooperation. Amid criticism from the West due to the ongoing war in Ukraine, the prime minister portrayed the bilateral relations between the two world powers as reaching

The Lede: Micron Technology Inc. saw a decrease in its stock value following an announcement by China's cyberspace regulatory authority stating that the company did not pass a network security review and had “relatively serious” risks in products sold within the country. What we know: * Micron, the U.

The Lede: Three of Biden's notable cabinet members appeared before the Senate Appropriations Committee on Tuesday, May 16, presenting their strategic endeavors in outmaneuvering China in military, diplomatic, and economic spheres amid budget talks and intensified relations between Washington and Beijing. What we know: * During the committee hearing,

The Lede: In the past year China has substantially increased its use of the yuan to buy Russian commodities. Multiple trading executives, who are directly involved in the matter, have informed Reuters that nearly all of China's acquisitions of oil, coal, and certain metals from China are now