CHINESE GOVERNMENT
China’s biotech is redrawing the global pharma map; what India can learn
American biggies are joining hands with Chinese companies. AbbVie signed a deal with Simcere Zaiming for a multiple myeloma treatment. AstraZeneca signed a deal with CSPC Pharma for a cardiac treatment, while Merck signed a $2 billion deal with Hansoh Pharma. Indian drugmakers are also collaborating with Chinese rivals. Mankind Pharma partnered with Innovent to bring to Indian market a drug to treat a range of cancers. Dr Reddy’s signed a pact with Shanghai Henlius for a multiple myeloma drug.
Balochistan train hijack incident could deepen mistrust between China and Pakistan
The Baloch Liberation Army's hijacking of the Jaffar Express could heighten tensions between China and Pakistan, as Beijing worries about its investments in Balochistan. Despite Pakistan's security measures, Chinese officials doubt their effectiveness. The BLA sees Chinese involvement in CPEC projects as support for the oppression of the Baloch people.
US Vice President JD Vance reveals plans for TikTok to avoid another US ban next month
President Trump also indicated last week that an extension of the deadline is still possible, stating, “We have a lot of interest in TikTok... hopefully, China will approve of the deal.”
Chinese regulators issue requirements for the labeling of AI-generated content
Multiple Chinese government departments said on Friday that they have issued requirements for the labeling of artificial intelligence (AI) content, which will come into effect on September 1, 2025, a move they said would help "promote the healthy development of artificial intelligence".
Donald Trump is reason behind rise in Chinese stocks prices? Here's what we know so far
China equities rally as U.S. stocks fall over Trump trade war fears. Global investors lured by relatively low prices, AI bets and prospect of more stimulus from Beijing.
China's DeepSeek is asking employees not to travel abroad freely, claim reports
AI chatbot firm DeepSeek of China has reportedly issued travelling notice to its employees.
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Apple’s iPhone 16e is outselling iPhone SE but won’t reverse China slide
Apple's iPhone 16e is seeing stronger initial sales compared to the third-generation iPhone SE in China but won't fully reverse Apple's expected 2% decline in sales there due to fierce competition from Android bolstered by government subsidies. Despite falling sales over the holidays, the company anticipates marginal revenue growth overall.
Walmart faces Chinese heat after demand for price cuts
Chinese authorities summoned Walmart executives to discuss alleged demands for major price reductions from suppliers due to increased US tariffs. Beijing warned Walmart against such actions, which could damage the global supply chain and harm both US and Chinese businesses. Walmart aims to offer low prices for customers while maintaining strong business growth in China.
Taiwan's leader says tougher measures needed to counter stepped-up Chinese infiltration, spying
Taiwanese President William Lai Ching-te has called for stronger measures against Chinese infiltration and psychological warfare aimed at undermining the island's defenses. He highlighted recent incidents of espionage, public opinion manipulation, and intimidation through military maneuvers, urging enhanced legal safeguards to detect and prevent such activities.
China's lending practices push Maldives toward sovereign default
The Maldives faces a severe debt crisis, exacerbated by external debts and unfavorable trade terms with China. With dwindling foreign reserves and upcoming debt repayments, the country's economic stability and sovereignty are at risk. Despite various austerity measures, a significant financial gap persists, requiring urgent international intervention.
Pakistan train hijack: Why are the Baloch bleeding Pak?
Baloch Liberation Army (BLA) launched a severe assault on the Jaffar Express, taking hundreds of passengers, including Pakistani security personnel, hostage. The attack underscores the longstanding Baloch insurgency in Pakistan’s Balochistan province, driven by demands for greater resource control and independence.
Who are the Pakistani Baloch separatist militants behind train hijacking?
The Baloch Liberation Army (BLA) took hostages during an attack on a train in southwestern Pakistan, claiming responsibility and threatening to kill them. Fighting for Balochistan's independence, the BLA targets security forces and Chinese interests, including major projects. The insurgency, centered in the mineral-rich region, has escalated with higher casualty tactics.
Pakistan Train Hijack: Deadly attack on Jaffar Express adds to troubled history of violence
Pakistan’s Jaffar Express has suffered multiple attacks by armed groups like the BLA and TTP, with recent incidents causing injuries and fatalities. The ongoing insurgency in Balochistan targets security forces and Chinese interests, exacerbating regional instability and challenging the federal government's efforts to maintain peace.
What to know about Manus, China's latest AI assistant
A powerful new AI tool Manus is making waves in China, fuelling hopes that it could replicate the success of DeepSeek, which earlier this year rattled the global tech industry with its state-of-the-art chatbot. - Whether Manus can achieve mainstream success like DeepSeek will depend on its ability to scale to meet demand, RSIS's Harjani told AFP. But Manus is unlikely to be the next DeepSeek as they are different types of AI applications, he added.
Chinese parliament's annual meet ends amid rumours over missing Chairman, concerns over Trump tariff war
China's annual parliamentary meeting concluded with the notable absence of its chairman due to illness and economic concerns. Efforts to boost domestic consumption and the private sector were highlighted amidst a tense global environment marked by Trump's tariff war and Russia's ongoing conflict in Ukraine. The government is promoting consumer spending and private investments to tackle economic challenges.
China ending annual Congress with questions open over how to revive slowing economy
China's National People's Congress emphasized the need to boost investment and consumer spending to revive economic growth, but concrete actions remain unclear. The meeting ended with Vice Chairman Li Hongzhong stepping in for Zhao Leji, who was ill. Trade tensions with the US add uncertainty to China's economic outlook.
What slowdown? Xi says China must win the global tech race
Xi Jinping reiterated his vision for China to become a technological superpower, undeterred by economic challenges or geopolitical tensions. During the National People's Congress, he emphasized advancing in areas like AI, biotechnology, and military capabilities. This aligns with increased budget allocations for science, education, and defense, aiming for self-sufficiency and global leadership.
Taiwan sees uptick in Chinese activity around itself
Taiwan's Ministry of National Defence reported multiple incursions by PLA aircraft and PLAN vessels near Taiwan, with several crossing the median line into Taiwan's ADIZ. These actions, occurring over consecutive days, illustrate China's ongoing military maneuvers and escalating pressure on Taiwan.
Chinese investors may've found a way to do biz with Musk without drawing Trump's ire
Wealthy Chinese investors are discreetly investing millions in Elon Musk's private enterprises like SpaceX, xAI, and Neuralink via special-purpose vehicles to bypass U.S. scrutiny. This investment is driven by profit rather than technology transfer or influence, despite Musk's established ties with Chinese officials.
China learned from Trump's first trade war, changed tactics when tariffs came again
President Donald Trump imposed tariffs that prompted Canada and Mexico to seek solutions via phone calls. China, however, seeks negotiations on equal footing while preparing for increased US tariffs. Beijing retaliated by taxing key US farm imports and suspending lumber imports, demonstrating resistance to Trump’s pressure.
China hits Canada with tariffs in indirect riposte to Donald Trump
China imposed tariffs up to 100% on canola, pork and other Canadian goods in retaliation for Canada's steep taxes on imports of Chinese electric vehicles, steel, and aluminum. This measure, effective March 20, serves as a warning against collaboration with the U.S. on trade, particularly concerning Canadian and Mexican tariffs on Chinese goods.
Donald Trump's tariffs could help Tesla, by hurting its rivals more
Tesla has built largely self-sufficient supply chains in the United States and China, a rarity in a world of interconnected trade. As a result, the tariffs imposed by the Trump administration on Chinese goods, and the continuing threat to put them on Mexican and Canadian products, might help Tesla by hurting its competitors more.
Trump's tariffs could help Tesla, by hurting its rivals more
Tesla may benefit from recent US tariffs, as it has built largely self-sufficient supply chains in the US and China, unlike competitors. However, it remains vulnerable if relations with China worsen, as it relies on the country for some key materials. Despite challenges in Europe and China, Tesla’s domestic production and strategic positioning offer resilience against tariffs and trade tensions.
FBI hunts hacker-for-hire cabal as Justice Department announces $10 million reward for info on cybercriminals targeting U.S and China critics
Twelve Chinese hackers who allegedly worked for China's security ministries have been charged by the U.S. Justice Department. They targeted religious institutions, government agencies, and Chinese government critics. The FBI has offered a $10 million reward for information on the whereabouts of the suspects, but none of them have been apprehended.
US likely to ban Chinese app DeepSeek from government devices: Report
US officials are worried about DeepSeek's handling of user data, which the company says it stores in servers located in China, the report said.
Many Chinese see a cultural revolution in America
Many Chinese citizens see parallels between the turmoil in the United States under the Trump administration and the Cultural Revolution in China. Despite fundamental differences, they draw comparisons on authoritarian tendencies, media control, and the pursuit of power, expressing disillusionment with America’s political developments.
US charges Chinese hackers, government officials in broad cybercrime campaign
Twelve Chinese nationals, including hackers and law enforcement officers, face charges for global cybercrime targeting dissidents, U.S. agencies, and universities. The Justice Department highlights China's hacking-for-hire ecosystem, revealing links to Chinese state security. I-Soon, a private hacking firm, is accused of extensive cyber breaches, with charges also announced against two other hackers involved in U.S. cyberattacks.
US charges Chinese hackers, government officials in broad cyberespionage campaign
Ten Chinese hackers and two law enforcement officers have been charged in a hacking campaign targeting dissidents, news organizations, and U.S. agencies, including the Treasury Department. The Justice Department revealed that the hackers worked under the direction of China's Ministry of Public Security, collecting intelligence through stolen information.
China sticks to an economic growth target of 'around 5%' despite a looming trade war with US
The Chinese government has set an economic growth target of around 5% amid potential negative impacts from a trade war with the U.S. and weak domestic demand. Plans include bolstering domestic consumption and increasing defense spending. Despite challenges, they aim to stabilize growth while avoiding drastic measures.
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