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Intelligence for the New World Economy

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Intelligence for the New World Economy
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Semafor China

Volkswagen announces record job cuts amid China pressure

European leaders have stepped up their vows to crack down on Chinese imports despite the potential blowback.
Technicians work at the production line for electric car models of the Volkswagen Group in Zwickau, Germany.
Matthias Rietschel/File Photo/Reuters

China announces $1T push to become ‘sports powerhouse’

Beijing is betting that more outdoor sporting events can stimulate sluggish domestic consumption.
Woman playing tennis in Beijing arena
Tingshu Wang/Reuters

US President Donald Trump imposes 100% tariff on drones

Chinese drone firm DJI alone accounts for more than 70% of the global market.
A DJI drone.
Jason Lee/Reuters

China ramps up brain computer interface push

China has approved a slew of brain-computer interface devices this year, in a bid to compete with Elon Musk’s Neuralink.
Beinao-1 system
Florence Lo/Reuters

China engages in Egypt charm offensive

Relations between Beijing and Cairo have improved as China takes a more assertive role in the Middle East.
China’s President Xi Jinping walks with his his Egyptian counterpart Abdel Fattah al-Sisi.
Khaled Desouki/Pool/Reuters

Beijing warns automakers against overseas price wars

China’s regulators warned the country’s automakers not to launch aggressive pricing strategies in overseas markets.
A Xiaomi SkyNomad N90 Max EREV car on display in Beijing, China
Tingshu Wang/Reuters

OpenClaw agent hype dies down in China

The US now has more OpenClaw instances deployed than China.

Uzbekistan confirms purchase of Chinese J-10 fighter jets

Tashkent is now the second foreign operator of the J-10 after Pakistan.

Xi embarks on whirlwind diplomatic tour

The tour is meant to showcase China has “friends and options,” one expert said.

Solar surpasses coal in China, becomes top power source

Solar accounted for almost a third of total installed capacity at the end of July, up from virtually nothing just a decade ago.

The US needs ‘allied scale’ to counter China

Outmatched on its own, the US can surpass China’s industrial heft by partnering with allies.

How China can muddle through to superpower status

Despite structural challenges, China could rely on its economic and technological engine to become a peerless superpower in 2036, experts believe.

Japan plots record $55 billion defense spend

Japan will seek to build more drones and missiles amid growing concerns over China’s military assertiveness.

China’s Xi pledges stronger Russia ties

Beijing flexed its diplomatic might at the Shanghai Cooperation Organization summit in Kyrgyzstan.

Chinese manufacturing activity falls for second consecutive month

Beijing’s export-oriented industries have helped buoy the country’s economy for years as domestic consumption has faltered.

Asian leaders gather amid China’s efforts to expand influence

The Shanghai Cooperation Organisation members will meet in Kyrgyzstan to discuss energy and security.

Shein plots post-IPO comeback through dealmaking

Shein is pursuing what is internally described as a plan to become the “Amazon Web Services,” Bloomberg reported.

Taiwan approves $7 billion drone budget

Taiwan’s legislature approved a plan to spend more than $7 billion on drones over the next six years, part of the island’s push to deter a potential attack from China.