Thousands of British companies have been forced to find ways to compensate for the loss of free access to their main foreign market, with food producers among the hardest hit.
Tag: China
G7 host France is pushing partners to agree a statement on critical minerals on Wednesday that could include measures to help the West reduce its reliance on China and shield investors from counter-measures and dumping, diplomats said.
The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade blacklist, according to two people familiar with the matter, as the Trump administration tries to avoid escalating tensions with Beijing.
BMW slashed its outlook for 2026 on Tuesday, blaming an accelerated downturn in the key Chinese market as well as the impact of the Iran war, which the German premium carmaker said had hit consumer sentiment and raised energy costs.
Myanmar President Min Aung Hlaing’s state visit to China is set to give the former junta chief a significant diplomatic boost as he seeks to consolidate his grip on power in the war-torn country following a widely condemned election at the turn of the year.
European leaders will warn U.S. President Donald Trump at Tuesday’s G7 summit that a superficial interim Iran deal risks entrenching Tehran’s nuclear and ballistic missile programmes, while also pressing him to rethink his Ukraine strategy.
Discussing next steps on Iran will be one of several issues the leaders will wrestle with.
Taiwan’s government launched a website on Sunday to encourage Chinese nationals to report intelligence tips, saying it was offering a secure channel to what it says is an increasing number of people who are fed up with the system and want change.
Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the “perfect storm” powering an upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce as the interest rate backdrop unfolds.
North Korea and China both walked away claiming major wins from Chinese President Xi Jinping’s visit this week to the isolated state, which helped elevate North Korean leader Kim Jong Un’s global stature and pulled Pyongyang more tightly into China’s orbit.