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SYDNEY, Australia: Australian businesses are feeling optimistic about their prospects in China despite escalating global trade tensions, according to Reserve Bank of Australia Deputy Governor Andrew Hauser. In a speech delivered in Sydney this week, Hauser said his recent visit to China revealed a surprisingly upbeat sentiment among Australian exporters. Many believe that the recent U.S. tariff hikes on Chinese
MOSCOW, Russia: Russia's top oil company, Rosneft, has taken over control of the country's largest rare earth metals deposit, Tomtor, as shown in a public registry entry dated May 20. The move follows a call from President Vladimir Putin last year to fast-track development of the strategically important site. Located in Yakutia, Siberia, Tomtor is central to Russia's efforts to boost domestic production o
WASHINGTON, D.C.: U.S. senators from both parties introduced a bill this week aimed at countering China and Russia's growing influence in the global nuclear energy sector. The U.S. has the largest nuclear power capacity of any country, but China is rapidly expanding its reactor fleet at home, and Russia is striking deals with countries in Southeast Asia and other regions. The Trump administration has cons
KUALA LUMPUR, Malaysia: Airbus is in discussions with Malaysian airlines to introduce its A220 aircraft, the company's Asia-Pacific president Anand Stanley told state news agency Bernama. Stanley said the European planemaker sees significant demand for the A220 in Malaysia, where around 150 Airbus commercial planes are already in operation and where the company expects approximately 400 further orders in the fut
BEIJING, China: Huawei has launched its first laptops running on its proprietary HarmonyOS, marking a significant step in its effort to reduce reliance on U.S. technology amid ongoing trade restrictions. The two new models, the MateBook Fold and MateBook Pro, were unveiled this week, both featuring the latest version of HarmonyOS, an operating system the Chinese tech giant began developing in 2015. Despit
WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer's increased prices. Trump was responding to Walmart's recent statement that it would raise prices later this month because of high tariffs on imported goods. "Walmart should stop blaming tariffs for price hikes.
WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial intelligence technology to iPhones in China, raising concerns about potential national security risks, according to a report by The New York Times. Officials in the White House and Congress are reportedly concerned that the deal could enhance Alibaba's AI capabiliti
By Animesh Deb New Delhi [India], May 25 (ANI): The northeastern region of India is emerging as the most promising frontier for the tourism and hospitality sector because of its unmatched natural beauty, diversity, local cuisines, and culture. To cater to the increasing number of tourists coming into the eight states of northeast India, especially over the past few years, hotel businesses are booming.
(250525) -- DOHA, May 25, 2025 (Xinhua) -- Wang Chuqin hits a return during the men's singles final between Wang Chuqin of China and Hugo Calderano of Brazil at ITTF World Table Tennis Championships Finals Doha 2025 in Doha, Qatar, May 25, 2025. (Xinhua/He Changshan)
(250525) -- CHENGDU, May 25, 2025 (Xinhua) -- People view an aircraft model at the pavilion of Sichuan Province at the 20th Western China International Fair in Chengdu, southwest China's Sichuan Province, May 25, 2025. The fair opened in Chengdu on Sunday under the theme of "Deepen Reform For More Momentum, Expand Openness for Greater Growth." The fair, which is hosted by the People's Government of Sichuan Province, ha
(250525) -- BEIJING, May 25, 2025 (Xinhua) -- Hu Chunhua, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the Embassy of Vietnam in China to mourn the passing of former Vietnamese President Tran Duc Luong on behalf of the Chinese side in Beijing, capital of China, May 25, 2025. (Xinhua/Ding Haitao)
HAIKOU, May 25 (Xinhua) -- At the entrance of the 2025 International Conference on Rare Diseases, visitors are greeted by a poignant painting: a young girl lies in a hospital bed as a nurse approaches with a cart filled with medication. Outside the window, birds soar gracefully against a backdrop of blue sky that stretches endlessly over the open sea. The artwork is by Liu Xinruo, a Chinese girl with an inherited
(250525) -- JAKARTA, May 25, 2025 (Xinhua) -- Chinese Premier Li Qiang holds talks with Indonesian President Prabowo Subianto at Merdeka Palace in Jakarta, Indonesia, May 25, 2025. (Xinhua/Liu Weibing)
The three parties now have more incentive than ever to coordinate in the current geopolitical climate, as some major countries are pursuing confrontation and protectionism, making the list of divergent interests only growing longer. by Julia Roknifard A remarkable mechanism of multilateral cooperation is emerging as the Association of Southeast Asian Nations (ASEAN), China and the Gulf Coop
* As global trade faces mounting headwinds -- from U.S. tariffs to supply chain fragmentation -- international businesses are making a calculated pivot: China is no longer just a growth market, but a strategic safe harbor. * From trade floor to future-oriented forum, the 4th China-Central and Eastern European Countries Expo International Consumer Goods Fair in Ningbo, east China's Zhejian
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