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Australian trade minister visits China to seek cooperation as ties face ‘important window’

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global times By Wang Cong, Yin Yeping and Song Lin Australia's Trade Minister Don Farrell on Thursday traveled to China for talks with Chinese Minister of Commerce Wang Wentao and other Chinese →

US brinksmanship over debt ceiling sparks global concerns

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​global times​​​ After US President Joe Biden and congressional leaders failed to make any breakthrough on the issue of raising the US government's debt ceiling during a closely watched meeting on →

'Lithium Valley' may provide California with its next gold rush

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cbs news The auto industry is introducing fleets of electric vehicles that will be powered by lithium-ion batteries and while the U.S. has massive quantities of lithium locked underground, companies →

Fourth Industrial Revolution slow to start in America

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asia times by David P. Goldman While Chinese factories have installed 6,000 private 5G broadband networks to support AI applications in manufacturing, only a handful of large US manufacturers have →

US tech war opens fire on China’s cloud computing

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asia times by Scott Foster Pressed by Republican senators to sanction Chinese cloud computing companies, US Commerce Secretary Gina Raimondo made it clear that she and the Biden administration would →

First Republic takeover adds to concerns over a possible US recession; expert warns of a global domino effect

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​global times​​​ US regulators have on Monday seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan in an attempt to "save" the troubled lender, while observers →

US officials scramble to slow China’s advances

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asia times by David P. Goldman It was the ultimate chip war that never was: German officials denied that Berlin planned to stop exporting specialty chemicals for chip fabrication, Reuters reported on →

Argentina to use yuan to settle Chinese imports amid global de-dollarization push

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​global times​​​ Argentina on Wednesday (local time) reportedly announced plans to use Chinese currency yuan to pay for goods imported from China amid an emerging de-dollarization wave pushed by →

More US firms looking elsewhere: AmCham China

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asia times by Jeff Pao More than a quarter of American firms are reprioritizing other countries over China as sentiment regarding Sino-US relations grows more pessimistic, says the American Chamber →

China’s exports shifting from West to Global South

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asia times by David P Goldman Central Asian countries increased imports from China in March by 55% over the year-earlier month, beating the 35% jump in Chinese shipments to Southeast Asia reported →

Western tech firms just can’t resist China’s chip market

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asia times by Scott Foster US tech titans Tim Cook and Elon Musk are under fire for their business ties to China but they are not the only Western tech executives trying to protect their hard-won →

China’s rosewood lust endangers African security

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asia times by Catherine Lena Kelly and Carl Pilgram African countries are estimated to lose US$17 billion each year to illegal logging. High-value timber species are in global demand. Illegal logging →

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