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India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report

India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…

ANI   


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Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China

Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…

Jaures Yip   


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The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn

Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…

Kwan Wei Kevin Tan   


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The diamond industry is in trouble as it loses its sparkle in China

Diamond prices have sunk by about 30% since 2022. China's declining marriage rates and embrace of l…

Joshua Zitser   


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China's luxury slump is trickling down to other consumer companies

Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…

Madeline Berg,Huileng Tan   


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Japanese carmakers are losing ground as China surges ahead in the EV race

Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…

Tom Carter   


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Flying cars: China is taking a lead in the sector, reveals report

China is pulling ahead in the burgeoning eVTOL industry thanks to help from regulators' quick appro…

Grace Eliza Goodwin   


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8 mins read

Weak shipbuilding could be the US Navy's Achilles' heel in a war with China

A hollowed out industrial base, which the Navy depends on, could spell trouble for the sea service …

Chris Panella   


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The financial ties between China and Saudi Arabia keep getting deeper

China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.

Filip De Mott   


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Want to get into the AI industry? Head to Abu Dhabi.

The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wea…

Lakshmi Varanasi   


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Trump's China tariffs would cut into US defense production, Beijing advisor says

A Chinese researcher warned that tariffs on China could cost the US defense industry needed supplie…

Filip De Mott   


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The US is on the cusp of a lithium boom to loosen China's grip on EVs

The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax b…

Catherine Boudreau   


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Trump called the climate crisis a scam. It could prove a gift to China.

The likely US departure from global climate-crisis efforts offers an opening for Bejing, a clean-te…

Tom Porter   


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China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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North Korea is cozying up to Russia. For China, that may be no bad thing.

China may have enough influence over both Russia and North Korea to shape their growing alliance.

Hannah Abraham   


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Jane Lauder is departing Estée Lauder, taking her out of the race to lead the company her grandmother founded

Jane Lauder, whose grandmother founded Estée Lauder, is set to depart the beauty company.

Katie Balevic,Maria Noyen   


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Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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Slamming China with tariffs is a mistake, and the US can do one big thing to support key industries, Yale economist says

Placing tariffs on China is a risky way to boost domestic industry. The US should instead focus on …

Filip De Mott