Musk says China's blocking of rare earth magnets will hit Tesla humanoid robots
Tesla CEO Elon Musk said on Tuesday that China’s decision to block rare earth magnet exports in response to President Trump’s tariffs would slow the production rate of the company’s Optimus robots, which are set to perform daily human functions. Mask said that rare earth magnets on the robot’s arms are needed to allow machines […]
China's Xi on Trump's tariffs: 'Protectionism will lead nowhere'
Chinese national president Xi Jinping took on the ongoing tariff battle as he traveled to Southeast Asia this week to build a partnership with Chinese communist Vietnam. “Trade and tariff wars will not produce winners, and protectionism will lead to anywhere,” XI I wrote it in a signed letter It was published by Chinese and […]
Asia-Pacific markets mostly climb; China's retail sales growth accelerates at the start of the year – CNBC
Crowds walk under neon signs on Nanjing Road. The street is the city's main shopping district and one of the busiest shopping districts in the world. Nicada | E+ | Getty Images The Asia-Pacific market rose primarily on Monday, with investors closely monitoring Chinese stocks. Mainland China's CSI 300 fell 0.11% due to choppy trade, […]
Tech stocks drop amid rise of China's DeepSeek AI model
Shares of major technology companies leading the artificial intelligence (AI) race tumbled on Monday morning amid investor concerns about new Chinese AI models that are growing in popularity. Nvidia, the powerhouse chipmaker fueling the AI boom, has seen its shares fall 12.6% since Friday's market close. Fellow Chipmaker Advanced Micro Devices (AMD) also fell 5% […]
Morning Bid: Monitoring dollar, DeepSeek and China's PMIs By Reuters – Investing.com
Written by Jamie McGeever (Reuters) – Future outlook for the Asian market. A crucial week for global markets begins in Asia on Monday. Investors are still trying to gauge whether the narrative of “American exceptionalism” is losing its luster as they weather a blizzard of headlines about President Donald Trump's likely economic policies. Last week, […]
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government has begun efforts to support foreign mineral projects that exclude China as part of efforts to strengthen the U.S. supply chain. The Export-Import Bank (EXIM), a federal agency that helps finance private projects, voted to approve an initiative to fund overseas projects that ultimately supply minerals used in the United States. Given […]
China's Xi cites global 'uncertainties' in speech ahead of Trump inauguration
Chinese President Xi Jinping painted a picture of a strong Chinese economy in his New Year's speech, while also referring to external “uncertainties” as President-elect Donald Trump prepares to return to the Oval Office. “China's economy is facing new circumstances, including the challenges of uncertainty in the external environment and the pressure to transform from […]
Traders Defy China's Yuan Support, Sending Currency to One-Year Low – Yahoo Finance
(Bloomberg) — Traders buck China's efforts to support the yuan, pushing the yuan weaker for the first time in a year as policymakers say they must continue monetary easing to revive the economy. dropped to a low price. Most Read Articles on Bloomberg The country's 10-year bond yields have fallen to record levels and the […]
China's military flights near Taiwan up 300 percent
Gen. Kevin Schneider, commander of the U.S. Air Force Indo-Pacific Command, told NBC News that the Chinese military has increased flights near Taiwan by 300 percent in the past five months. exclusive interview on friday. As reported by NBC News, Schneider said, “We've seen a 300% increase in these air activities since we launched, whether […]
Mexico must stop itself from becoming China's Trojan Horse
This week, the Chinese regime suffered a major economic blow. european commission It has been decided to impose tariffs of up to 45% on electric vehicles. The United States announced similar measures last May, imposing tariffs of up to 100%. Canada plans to introduce a 100 per cent tax. However, Mexico, a trading partner of […]