Baoshan Iron & Steel is one of the world's largest steelmakers. (Photo by Tomoko Wakasugi)
Materials

China's Baosteel doubles investment in Saudi steel venture with Aramco

New company to supply 1.5m tons of steel plate annually to Middle East and Africa

25 July 2024
China will double subsidies for those trading in cars for electric vehicles and other new energy vehicles. (Photo by Shizuka Tanabe)
Economy

China injects $41bn to subsidize car, appliance purchases

Beijing looks to stimulate domestic spending amid overcapacity criticism

25 July 2024
iFlytek, a U.S.-sanctioned leader in China's AI industry, presents its products at this year's Hong Kong book fair. (Photo by Kenji Kawase)
US-China tensions

China's iFlytek exec says U.S. sanctions have 'destroyed' market mechanism

AI leader invests in Hong Kong hub and seeks to expand presence in Japan

25 July 2024
The G7 summit was held in Italy in June. We are now observing the onset of a less-Western dominated world.
Opinion

The West is no longer the center of global affairs

As populism rises and emerging nations assert themselves, G-7 dominance fades

25 July 2024
The Central Business District in Beijing. China's central bank has lowered the rate at which it lends to financial institutions.
Economy

China surprises with one-year policy interest rate cut

Unscheduled MLF adjustment adds to flurry of moves to prop up economy

25 July 2024
India's Neeraj Chopra in action during the Men's Javelin final at the Asian Games in Hangzhou, China, on Oct. 4, 2023
Sports

Can India turn from perpetual Olympic minnow into a powerhouse?

South Asian nation looks to possibly hosting 2036 Games as China racks up golds

25 July 2024
Baosteel, a unit of Baowu Steel Group, has become one of the world's largest steelmakers by output.
Companies

Nippon Steel ends stormy, half-century partnership with Baosteel

As Chinese steelmaker has gone from student to rival, Nippon Steel is at a turning point

25 July 2024
Joseph Wu, Taiwan's previous foreign minister, left, and Filip Grzegorzewski, head of the European Union office in Taipei, commemorate 20 years of ties between the EU and Taiwan in Taipei in June 2023.
Opinion

Europe must prepare militarily and economically for a Taiwan war

Once merely aware of the risks, European leaders now have deep concerns

25 July 2024
Honda Motor's e:NS2 electric vehicle. The automaker's sales in China fell roughly 40% by volume in June. (Photo by Sei Matsumoto)
Automobiles

Honda to cut China production capacity for gas cars by 30%

Move marks latest reversal by Japanese automakers in world's biggest market

25 July 2024
Xi Jinping might have just given himself an ace in the hole in his high-stakes game of politics to extend his reign beyond 2027. (Nikkei montage/Source photos by AP and Getty Images)
China up close

Analysis: China's new 2029 reform goal shows Xi Jinping is worried

New target might also be a gambit to help a decoupled China emerge strong

25 July 2024
North Korean leader Kim Jong Un and Chinese Communist Party Politburo member Li Hongzhong pose as they meet in Pyongyang, North Korea, July 28, 2023, in this image released by North Korea's Korean Central News Agency. 
North Korea tensions

U.S. sanctions China-based network for helping North Korea

Entities accused of assisting Pyongyang in weapons development programs

25 July 2024
Donald Trump said recently during his election campaign that Chinese President Xi Jinping sent him a "beautiful note" after the former U.S. president was shot in the ear during a July 13 rally.
Comment

Xi may see second Trump term creating opening on Taiwan

Trump win seen challenging Beijing in short term but potentially helping in long run

24 July 2024
U.S. Senate candidates from both major parties increasingly try to be seen as tougher on China.
U.S. elections 2024

China draws fire from both sides in U.S. Senate races

Democrats launch campaign attacks at Republicans over alleged Beijing ties

24 July 2024
Ukrainian Foreign Minister Dmytro Kuleba, seen in a file photo, is visiting China for talks on how to end the war with Russia.
Ukraine war

Ukraine tells China it is open to Russia talks if Moscow acts in good faith

Kyiv sees no sign of that currently, its foreign minister says in Beijing

24 July 2024
Screenshots of Nike's video ad for the Paris Olympics, which at one point shows an Asian table tennis player licking the edge of her paddle. (Photo by Ken Kobayashi)
Companies

Nike's Paris Olympics commercial criticized for 'insulting China'

Short scene in 90-second ad shows Asian table tennis player licking her paddle

24 July 2024
Records obtained by BelPol suggest that Chinese companies are contributing to Russia's war effort in Ukraine.
Ukraine war

China companies supply Belarus defense contractor with Russia ties

Records obtained by BelPol show Chinese links to sanctioned BelOMO group

24 July 2024
Tesla shares have been highly volatile this year
Electric vehicles

Tesla's main export hub in Shanghai reels from EU tariffs, weak EV demand

The U.S. automaker's profit drops for the fourth quarter in a row

24 July 2024
China has "come to the end of its growth model" as the property slump continues to weigh on its economy, said GIC chief investment officer Jeffrey Jaensubhakij.
Property

GIC shifts to 'niche' real estate deals in China amid oversupply

Singaporean investor to reorient local team to make bets more granular

24 July 2024
A construction site in Beijing. The Chinese government is seeking to jump-start economic growth.
Economy

China's desire for growth revealed in word count of economic road map

Mentions of 'development' surge compared with 2013 document

24 July 2024
Prime Minister K.P. Sharma Oli is a veteran that has held the office three times before.
International relations

Nepal poised for closer ties with China under new prime minister

Returning PM Oli may bolster economic and military cooperation with Beijing

24 July 2024
Xuelong 2 research icebreaker is docked at the Olympic Sailing Center pier in Qingdao, Shandong province, China, on July 3, 2024.  (CFOTO/Future Publishing via Getty Images)
Defense

U.S. to launch Arctic defense roundtable eyeing Russia, China

Forum will enlist allies to discuss new challenges as ice rapidly thins

24 July 2024
Lenovo Group looks to boost sales with AI-powered PC after seeing demand drop off from the pandemic. (Photo by Tomoko Wakasugi)
Artificial intelligence

Lenovo to put AI into all PCs by 2027: device chief

Chinese and U.S. consumers showing 'a lot of interest,' Luca Rossi says

24 July 2024
Canadian Foreign Minister Melanie Joly told Nikkei that Ottawa wants to be "as close to Japan as we are from the U.K., from Germany and France." (Photo by Takuya Fujisawa)
Interview

Canada wants to 'challenge, cooperate' with China, top diplomat says

Melanie Joly urges pragmatic approach, balanced by ties with Japan and South Korea

24 July 2024
Vice President Kamala Harris could become the first Asian American president.
U.S. elections 2024

Will Kamala Harris' Indian roots play a part in her Asia policy?

Vice president has earned criticism from China, but rarely focuses on her heritage

23 July 2024
A steel plant in Shanghai operated by Baoshan Iron & Steel. Nippon Steel has concluded that the U.S. and India offer more promising investment opportunities than China. (Photo by Tomoko Wakasugi)
Business deals

Nippon Steel to end 20-year joint venture with China's Baosteel

Japanese firm to cut production capacity in China by 70% amid EV shift

23 July 2024