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EU countries lose 5.3 million farms in 15 years

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​brussels times​​​ The European Union’s statistical agency notes that it is mainly farms that are not specialised that have tended to disappear. Their number fell by around 2.6 million between 2005 →

Micron probe by China seen as chip war retaliation

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asia times by Jeff Pao A Chinese cybersecurity watchdog has launched an investigation into the products of Micron Technology, an American memory chip maker – timing the announcement of the probe to →

Here's what OPEC's shock oil production cuts mean for U.S. gas prices

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cbs news By Irina Ivanova Oil markets shuddered after a surprise announcement this weekend that Saudi Arabia and other oil-producing countries would cut their output of crude oil, potentially pushing →

Huawei, Nvidia pushing chip war boundaries

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asia times by Scott Foster Huawei and Chinese Electronic Design Automation (EDA) companies have reportedly developed an integrated circuit (IC) design automation platform for producing semiconductors →

Alibaba breakup solves the Jack Ma riddle

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asia times by William Pesek This week, Xi Jinping’s regulators signaled that the Jack Ma debacle of the last 28-plus months is finally over. And that China Inc is back in business. Beijing announced →

China completes first LNG cross-border yuan settlement transaction

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​global times​​​ China on Tuesday completed its first purchase of liquefied natural gas (LNG) using cross-border yuan settlement. It comes amid rising acceptance of the yuan in the international →

Asia overlooking risk of more US rate hikes

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asia times by William Pesek “For decades now bond vigilantes have been asleep on their sunbeds, lulled into a slumber by the soothing lapping of waves of secular stagnation and the froth of →

The Case Against Banning U.S. Exports of Liquified Natural Gas to China

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​national interest​​​ by Marc L. Busch The 118th Congress is working at a fever pitch to find ways to economically punish China. With headline-grabbing titles like Fair Trade with China Enforcement →

China’s food security at delicate mercy of free trade order

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asia times by Jikun Huang China’s food imports have increased significantly since the nation joined the World Trade Organization (WTO) in 2001. Annual imports and net imports of food reached US$160 →

China hikes rare-earth quota by nearly 20% amid rising demand

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​global times​​​ China set a quota for the first batch of rare-earth mining in 2023 at 120,000 tons on Friday, up by about 20 percent compared with last year's level, with a quota for smelting and →

China denounces US TikTok ban threat as 'xenophobic witch hunt,' firmly opposes possible forced sale

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global times By Ma Jingjing The US' TikTok hearing is politically manipulated to cover its real purpose of robbing the profitable firm from China, which reflects the US' mounting hegemony and →

US bank trouble heralds end of dollar reserve system

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asia times by David P. Goldman The US banking system is broken. That doesn’t portend more high-profile failures like Credit Suisse. The central banks will keep moribund institutions on life support. →

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