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Nino Abdaladze

Taiwan-based Companies Scale Down Investments in China

Taiwan-based Companies Scale Down Investments in China

The Lede: Taiwanese firms are reducing their involvement in China while increasing their investments in other regions across the globe, showing signs of a shift away from the Chinese market amid rising tensions in world trade relations. What we know: * Taiwan’s Investment Commission issued data on Thursday, April 20

China's Consul-General in Mumbai Urges for Balanced Trade

China's Consul-General in Mumbai Urges for Balanced Trade

The Lede: Kong Xianhua, China’s Consul-General in Mumbai said the country is “keen to promote a balanced trade with India,” in times when China is importing over $2 trillion worth of merchandise from across the globe, with India only accountable for $30 billion. What we know: * Kong Xianhua made

China Tensions Remain Top Focus as G7 Diplomats Meet

China Tensions Remain Top Focus as G7 Diplomats Meet

The Lede: Officials called for unity at the G7 foreign ministers' summit, amid raising challenges in Indo-Pacific, as China has completed another large-scale military drill around Taiwan. What we know: * The Japanese Foreign Ministry said in a statement that the highest-ranking diplomats confirmed their stance by reaching an agreement

US State Dept and OFAC Sanction Chinese Firms for Assisting Russia

US State Dept and OFAC Sanction Chinese Firms for Assisting Russia

The Lede: The U.S. Department of State imposed sanctions on China HEAD Aerospace Technology Company, which, as it said, supplied Russia with satellite imagery of locations in Ukraine. The U.S. Treasury Department has also taken action against King-Pai Technology HK Co., Ltd., a company based in China that

IMF Warns US-China Tensions May Cut World Output By 2%

IMF Warns US-China Tensions May Cut World Output By 2%

The Lede: The tensions between the U.S. and China could result in a loss of approximately 2% of global output, according to the IMF’s latest report. The capital is now flowing toward countries that share geopolitical affinities, commonly referred to as "friend-shoring" – the trend that IMF

China sanctions US organizations, Taiwan's US envoy

China sanctions US organizations, Taiwan's US envoy

The Lede: China has imposed sanctions on two American organizations, the Hudson Institute and the Ronald Reagan Presidential Library in California, for their involvement in hosting Taiwan's President Tsai Ing-wen during her stopover in the United States that Beijing has continuously criticized. According to the announcement made by

US Trade Rep Pushes for Stronger Alliances to Counter China

US Trade Rep Pushes for Stronger Alliances to Counter China

The Lede: U.S. Trade Representative Katherine Tai has justified the Biden administration’s reluctant approach to free trade agreements while delivering a policy speech at American University's Washington College of Law. Instead, she claims that the focus should be on easing non-tariff barriers, which would benefit workers,