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US tariffs hit supplies of summer essentials; Chinese firms find new growth points in other markets

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global times By Ma Jingjing     In the US, the Memorial Day long weekend, which ran from Saturday to Monday this year, often marks the unofficial start of the summer vacation →

Profitability of European solar sector at low point

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brussels times By   The Brussels Times with Belga     The profitability of solar parks in Europe has plummeted to its lowest level ever, challenging the business model of →

China's first large-scale lithium-sodium hybrid energy storage station starts operation, with 98% being green energy

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global times By Global Times    China's first large-scale lithium-sodium hybrid energy storage station began operations on Sunday in Southwest China's Yunnan Province. This station →

The Dollar May Be Down, but It’s Still on Top

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foreign affairs by  Eswar Prasad     Last year, the United States appeared to be consolidating its pole position as a haven for international investment. The U.S. economy’s →

China's CH-YH1000 cargo drone completes maiden flight

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​global times​​​ By Liu Xuanzun and Liu Yang     China's CH-YH1000 unmanned logistics aircraft completed its maiden test flight on Thursday at an airfield in Northwest China. →

Why China’s Yuan Can’t Replace the U.S. Dollar

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national interest By  Milton Ezrati It would take years for the yuan to unwind the dollar’s well-entrenched dominance over global transactions.     Now that Washington and →

Nvidia CEO Jensen Huang says US export control on AI chips to China were 'a failure': report

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​global times​​​ By Global Times     The US’ export control on artificial intelligence (AI) chips to China were "a failure," Nvidia CEO Jensen Huang said on Wednesday, Reuters →

European Commission wants to extend facilities to medium-sized companies

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brussels times By   The Brussels Times with Belga     The European Commission proposed on Wednesday to extend its regulatory and administrative simplifications to a new →

The US has $36 trillion in debt. What does that mean, and who owns it?

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​al jazeera​​​ By Hanna Duggal and  Marium Ali     On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which →

Huawei debuts first HarmonyOS computer, marking breakthrough for China’s homegrown operating system

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global times By Zhang Yiyi     Chinese tech giant Huawei on Monday launched its first personal computer (PC) powered by its own operating system, the HarmonyOS, at an event in Chengdu, →

Investors shrug off Moody's downgrade as stocks, U.S. borrowing costs stay largely flat

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nbc news By  Rob Wile     Investors largely shrugged off a downgrade of the U.S.' credit rating in Monday trading, as stocks ended the day mostly flat.     The Dow →

US chip curbs hurt its own firms, lift Chinese industry

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global times By Global Times     With the US continuing to tighten restrictions on chip exports to China, US-based chip giant Nvidia's struggle to adjust exports to one of its key →

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