Pema Khandu, the Chief Minister of Arunachal Pradesh, said on Wednesday that China's proposed dam near the border will prove to be a ticking water bomb for India. In an interview, he said that the dam, billed as the world's largest dam on the Yarlung Tsangpo river, the Tibetan name for the Brahmaputra river, will be an existential threat to New Delhi because Beijing isn't a signatory to international water treaties.&nbsp;Khandu said China can't be trusted, as no one can predict what it might end up doing. He said Beijing may use the dam as a water bomb against India.&nbsp;"Setting aside the military threat from China, it seems to me that this is a far bigger issue than anything else. It is going to cause an existential threat to our tribes and our livelihoods. It is quite serious because China could even use this as a sort of 'water bomb'," he told PTI.&nbsp;China approved the construction of the mega dam in 2024. The $137 billion project will take five years to complete, and it will produce 60,000 MW of power.&nbsp;Khandu said it might not be an issue for India if China had signed the international water treaty. He said several areas of the state would be inundated if Beijing decides to release the water suddenly.&nbsp;"But China is not a signatory, and that is the problem... Suppose the dam is built and they suddenly release water, our entire Siang belt would be destroyed. In particular, the Adi tribe and similar groups... would see all their property, land, and especially human life, suffer devastating effects," he said.&nbsp;To counter China's project, the Chief Minister said, the Arunachal Pradesh government has conceived a project called the Siang Upper Multipurpose Project, which will serve as a defence mechanism and ensure water security.&nbsp;"I believe China is either about to start or has already started work on their side. But they do not share any information. In the long run, if the dam is completed, our Siang and Brahmaputra rivers could dry up considerably," he said.&nbsp;For India's water security, he said, if the government can complete its project as planned, it will be able to meet the water requirements from its dam.&nbsp;He further said that if China releases water, India will be able to contain the flooding with its dam. He said the state government has been holding discussions with the local tribes over the project.

Pema Khandu, the Chief Minister of Arunachal Pradesh, said on Wednesday that China's proposed dam near the border will prove to be a ticking water bomb. 

Pema Khandu, the Chief Minister of Arunachal Pradesh, said on Wednesday that China's proposed dam near the border will prove to be a ticking water bomb for India. In an interview, he said that the dam, billed as the world's largest dam on the Yarlung Tsangpo river, the Tibetan name for the Brahmaputra river, will be an existential threat to New Delhi because Beijing isn't a signatory to international water treaties. Khandu said China can't be trusted, as no one can predict what it might end up doing. He said Beijing may use the dam as a water bomb against India. "Setting aside the military threat from China, it seems to me that this is a far bigger issue than anything else. It is going to cause an existential threat to our tribes and our livelihoods. It is quite serious because China could even use this as a sort of 'water bomb'," he told PTI. China approved the construction of the mega dam in 2024. The $137 billion project will take five years to complete, and it will produce 60,000 MW of power. Khandu said it might not be an issue for India if China had signed the international water treaty. He said several areas of the state would be inundated if Beijing decides to release the water suddenly. "But China is not a signatory, and that is the problem... Suppose the dam is built and they suddenly release water, our entire Siang belt would be destroyed. In particular, the Adi tribe and similar groups... would see all their property, land, and especially human life, suffer devastating effects," he said. To counter China's project, the Chief Minister said, the Arunachal Pradesh government has conceived a project called the Siang Upper Multipurpose Project, which will serve as a defence mechanism and ensure water security. "I believe China is either about to start or has already started work on their side. But they do not share any information. In the long run, if the dam is completed, our Siang and Brahmaputra rivers could dry up considerably," he said. For India's water security, he said, if the government can complete its project as planned, it will be able to meet the water requirements from its dam. He further said that if China releases water, India will be able to contain the flooding with its dam. He said the state government has been holding discussions with the local tribes over the project.

Pema Khandu said China can't be trusted, as no one can predict what it might end up doing. He said Beijing may use the dam as a water bomb in case of a conflict with India.

China can unleash 'water bomb' but Arunachal has a 'counter' plan | Details inside

China on Wednesday dismissed claims by Germany that the Chinese military had directed a laser at a German aircraft over the Red Sea. The country's foreign minister said today that Berlin's accusations were "completely inconsistent&nbsp;with the facts".&nbsp;Germany claimed on Tuesday that an aircraft, while participating in an EU-led missing to protect ship traffic in the Red Sea against possible pirate attacks, was targeted by a laser. Beijing rejected the accusation, asking Berlin to adopt what it called a pragmatic attitude.&nbsp;&nbsp;Chinese foreign ministry spokeswoman Mao Ning called for strengthening communication between&nbsp;China and the NATO member nation.&nbsp;&nbsp;"Both sides should adopt a pragmatic attitude, strengthen communication in a timely manner, and avoid misunderstandings and miscalculations," she added.&nbsp;She said Chinese naval vessels had been carrying out escort duties in the Gulf of Aden and, in Somali waters, "contributing to the safety of international shipping lanes".&nbsp;Berlin called the alleged incident completely unacceptable, claiming that the reconnaissance aircraft involved had been forced to abandon its mission and return to a base in Djibouti.&nbsp;Germany didn't reveal what kind of laser weapon had been used.&nbsp;The incident took place in July near the coast of Yemen. A "blinding laser", which disrupts the operation of an aircraft, was allegedly directed at the aircraft.&nbsp;&nbsp;China has been accused several times in recent years of using lasers in similar incidents. China sent up its first base in Djibouti in 2016. The facility is strategically placed between the Red Sea and the Gulf of Aden. The country claims it only uses the base to resupply navy ships, support regional peacekeeping and humanitarian operations, and combat piracy.

China on Wednesday dismissed claims by Germany that the Chinese military had directed a laser at a German aircraft over the Red Sea. The country's foreign minister said today that Berlin's accusations were "completely inconsistent with the facts".

China on Wednesday dismissed claims by Germany that the Chinese military had directed a laser at a German aircraft over the Red Sea. The country's foreign minister said today that Berlin's accusations were "completely inconsistent with the facts". Germany claimed on Tuesday that an aircraft, while participating in an EU-led missing to protect ship traffic in the Red Sea against possible pirate attacks, was targeted by a laser. Beijing rejected the accusation, asking Berlin to adopt what it called a pragmatic attitude. Chinese foreign ministry spokeswoman Mao Ning called for strengthening communication between China and the NATO member nation. "Both sides should adopt a pragmatic attitude, strengthen communication in a timely manner, and avoid misunderstandings and miscalculations," she added. She said Chinese naval vessels had been carrying out escort duties in the Gulf of Aden and, in Somali waters, "contributing to the safety of international shipping lanes". Berlin called the alleged incident completely unacceptable, claiming that the reconnaissance aircraft involved had been forced to abandon its mission and return to a base in Djibouti. Germany didn't reveal what kind of laser weapon had been used. The incident took place in July near the coast of Yemen. A "blinding laser", which disrupts the operation of an aircraft, was allegedly directed at the aircraft. China has been accused several times in recent years of using lasers in similar incidents. China sent up its first base in Djibouti in 2016. The facility is strategically placed between the Red Sea and the Gulf of Aden. The country claims it only uses the base to resupply navy ships, support regional peacekeeping and humanitarian operations, and combat piracy.

Germany claimed on Tuesday that an aircraft, while participating in an EU-led missing to protect ship traffic in the Red Sea against possible pirate attacks, was targeted by a laser.&nbsp;

China vs Germany over laser attack; Beijing gives 'pragmatic attitude' advice

China’s manufacturing sector is under fresh strain as factory-gate prices fell at their steepest rate in almost two years in June, highlighting the mounting economic challenges posed by weak domestic demand and an intensifying trade dispute with the United States.&nbsp;According to Reuters, the latest figures show a worrying combination for Beijing’s policymakers: industrial deflation that risks squeezing company profits and dampening investment, coupled with only marginal consumer price growth that underscores ongoing fragility in household spending.&nbsp;As President Donald Trump pushes ahead with a broadening tariff campaign, tensions between the world’s two largest economies threaten to further complicate China’s efforts to stabilise growth and avert a deeper slowdown.<h2>Producer prices fall at fastest pace since 2023</h2>Data from China’s National Bureau of Statistics (NBS), reported by Reuters, showed the country’s producer price index (PPI) declined 3.6 per cent in June compared with a year earlier. This drop was steeper than May’s 3.3 per cent fall and marked the largest decline since July 2023.&nbsp;Dong Lijuan, an NBS statistician quoted by Reuters, said weaker demand for exports was a key driver. “The uncertainty in the global trade environment has affected the export expectations of enterprises,” Dong noted, pointing directly to the chilling effect of Trump’s tariff threats on business confidence.<h2>Trade tensions cast a long shadow</h2>This latest data arrives as US President Donald Trump accelerates his aggressive tariff agenda, rolling out steep new levies on products ranging from copper to semiconductors. The White House argues these moves will bolster US industry and jobs, but the immediate impact has been to inflame tensions with major trade partners, including China.&nbsp;Reuters highlighted that China’s factory activity shrank for a third consecutive month in June, although at a slower pace than in May. Employment and new export orders remained weak, underscoring the strain on manufacturers already battling fierce global competition and rising input costs. Zichun Huang, China economist at Capital Economics, told Reuters that demand was likely to weaken further in the months ahead as export growth slows and the benefits of domestic stimulus measures fade.<h2>Consumer inflation remains subdued</h2>China’s consumer price index (CPI) offered little sign of relief. According to Reuters, CPI rose just 0.1 per cent in June from a year earlier, reversing May’s 0.1 per cent decline but falling short of signalling any robust rebound in household spending. Dong of the NBS said the marginal rise was “mainly due to a rebound in industrial consumer goods prices.” On a monthly basis, CPI was down 0.1 per cent, matching economist expectations and showing that overall demand remained fragile.&nbsp;Core inflation, which excludes volatile food and fuel prices stood out slightly by climbing 0.7 per cent year-on-year in June, the highest in 14 months, according to Reuters. However, analysts warned that this was unlikely to signal a lasting shift in consumption trends.<h2>Price wars and policy dilemmas</h2>Domestic demand weakness is reflected in aggressive discounting campaigns across key sectors. Reuters reported that automakers have been locked in bruising price wars, prompting authorities to call for restraint to avoid destabilising the industry further.&nbsp;E-commerce giants Alibaba and JD.com have also rolled out heavy subsidies in recent months in a bid to boost market share in rapid delivery services, a sign that even China’s powerful consumer tech sector is feeling the pinch of cautious household spending.<h2>Market reaction and the path ahead</h2>Markets responded warily to the latest data. Reuters reported that the Shanghai Composite Index rose 0.3 per cent by the midday break on Wednesday, suggesting some hope that policymakers will step in with further support. Meanwhile, Hong Kong’s Hang Seng Index slipped 0.7 per cent, reflecting ongoing investor anxiety over Trump’s expanding tariff threats and their impact on trade flows.&nbsp;Lynn Song, chief economist for China at ING, told Reuters that the persistently soft inflation data gave the People’s Bank of China room to cut interest rates further. While there is no immediate sense of crisis, Song suggested the next rate cut might come in the fourth quarter as authorities look to shore up activity.<h2>A test of China’s resilience</h2>The deepening producer deflation and feeble consumer price growth leave Beijing with a complex balancing act. Policymakers must weigh the need for further stimulus against fears of fuelling debt risks or property bubbles.&nbsp;As Reuters noted, with the US ramping up tariffs and China’s export orders still struggling, the world’s second-largest economy faces a difficult path forward, trying to sustain growth while bracing for more volatility in an increasingly unpredictable global trade environment.&nbsp;

A steep drop in producer prices and sluggish consumer inflation signal growing strain on China economy, as trade tensions with the US mount and domestic stimulus efforts struggle to revive demand.

China’s manufacturing sector is under fresh strain as factory-gate prices fell at their steepest rate in almost two years in June, highlighting the mounting economic challenges posed by weak domestic demand and an intensifying trade dispute with the United States. According to Reuters, the latest figures show a worrying combination for Beijing’s policymakers: industrial deflation that risks squeezing company profits and dampening investment, coupled with only marginal consumer price growth that underscores ongoing fragility in household spending. As President Donald Trump pushes ahead with a broadening tariff campaign, tensions between the world’s two largest economies threaten to further complicate China’s efforts to stabilise growth and avert a deeper slowdown. Producer prices fall at fastest pace since 2023 Data from China’s National Bureau of Statistics (NBS), reported by Reuters, showed the country’s producer price index (PPI) declined 3.6 per cent in June compared with a year earlier. This drop was steeper than May’s 3.3 per cent fall and marked the largest decline since July 2023. Dong Lijuan, an NBS statistician quoted by Reuters, said weaker demand for exports was a key driver. “The uncertainty in the global trade environment has affected the export expectations of enterprises,” Dong noted, pointing directly to the chilling effect of Trump’s tariff threats on business confidence. Trade tensions cast a long shadow This latest data arrives as US President Donald Trump accelerates his aggressive tariff agenda, rolling out steep new levies on products ranging from copper to semiconductors. The White House argues these moves will bolster US industry and jobs, but the immediate impact has been to inflame tensions with major trade partners, including China. Reuters highlighted that China’s factory activity shrank for a third consecutive month in June, although at a slower pace than in May. Employment and new export orders remained weak, underscoring the strain on manufacturers already battling fierce global competition and rising input costs. Zichun Huang, China economist at Capital Economics, told Reuters that demand was likely to weaken further in the months ahead as export growth slows and the benefits of domestic stimulus measures fade. Consumer inflation remains subdued China’s consumer price index (CPI) offered little sign of relief. According to Reuters, CPI rose just 0.1 per cent in June from a year earlier, reversing May’s 0.1 per cent decline but falling short of signalling any robust rebound in household spending. Dong of the NBS said the marginal rise was “mainly due to a rebound in industrial consumer goods prices.” On a monthly basis, CPI was down 0.1 per cent, matching economist expectations and showing that overall demand remained fragile. Core inflation, which excludes volatile food and fuel prices stood out slightly by climbing 0.7 per cent year-on-year in June, the highest in 14 months, according to Reuters. However, analysts warned that this was unlikely to signal a lasting shift in consumption trends. Price wars and policy dilemmas Domestic demand weakness is reflected in aggressive discounting campaigns across key sectors. Reuters reported that automakers have been locked in bruising price wars, prompting authorities to call for restraint to avoid destabilising the industry further. E-commerce giants Alibaba and JD.com have also rolled out heavy subsidies in recent months in a bid to boost market share in rapid delivery services, a sign that even China’s powerful consumer tech sector is feeling the pinch of cautious household spending. Market reaction and the path ahead Markets responded warily to the latest data. Reuters reported that the Shanghai Composite Index rose 0.3 per cent by the midday break on Wednesday, suggesting some hope that policymakers will step in with further support. Meanwhile, Hong Kong’s Hang Seng Index slipped 0.7 per cent, reflecting ongoing investor anxiety over Trump’s expanding tariff threats and their impact on trade flows. Lynn Song, chief economist for China at ING, told Reuters that the persistently soft inflation data gave the People’s Bank of China room to cut interest rates further. While there is no immediate sense of crisis, Song suggested the next rate cut might come in the fourth quarter as authorities look to shore up activity. A test of China’s resilience The deepening producer deflation and feeble consumer price growth leave Beijing with a complex balancing act. Policymakers must weigh the need for further stimulus against fears of fuelling debt risks or property bubbles. As Reuters noted, with the US ramping up tariffs and China’s export orders still struggling, the world’s second-largest economy faces a difficult path forward, trying to sustain growth while bracing for more volatility in an increasingly unpredictable global trade environment.

China’s factory-gate prices plunge as weak demand and Trump’s tariff push deepen deflation risks and pressure policymakers.

China faces deepening factory-gate deflation as trade war with US bites

Boeing delivered 60 aircraft in June, marking a strong rebound in its output and including long-awaited deliveries to China for the first time since a bruising trade dispute cooled earlier this year.<h2>Deliveries climb as trade tensions ease</h2>According to Reuters, Boeing’s June deliveries represented a 27 per cent increase from the same month last year, signalling progress for the US planemaker as it works to overcome years of production setbacks and debt pressures.&nbsp;Crucially, eight of those jets went to Chinese customers, marking the first such shipments since Beijing lifted a ban in May. The ban, imposed in April during an escalation in US-China tariff tensions, had threatened to sever a major revenue channel for the American aerospace giant.&nbsp;Reuters reported that the thaw came after Washington and Beijing agreed to temporarily reduce steep tariffs, opening the door to resumed aircraft trade between the world’s two largest economies.<h2>Wall Street watches deliveries closely</h2>Aircraft deliveries are more than just industry milestones, they’re vital cash-flow moments. Planemakers typically receive most of their payment when a jet is formally handed over. As such, Boeing’s June surge is welcome news for investors and analysts tracking its path back to stability.&nbsp;Boeing, long burdened by production delays and safety crises, is under intense pressure to boost output to meet demand and reduce its heavy debt load. As per Reuters, ramping up deliveries remains essential for shoring up its financial foundations.<h2>Strong showing for 737 MAX</h2>Boeing’s popular 737 MAX continued to anchor its output. In June, the company delivered 42 of these single-aisle jets. Southwest Airlines alone took 10 of them, underlining strong domestic demand.Five of those 737 MAX jets went to Chinese carriers, another signal of improving commercial ties. Boeing also delivered three other aircraft to China: a 787 Dreamliner and two 777 freighters.&nbsp;Beyond the MAX, June deliveries included nine 787s, four 777 freighters and five 767s. Of the 767s, three will be finished by Boeing’s defence division as KC-46 aerial refuelling tankers, supporting US military needs, as per Reuters.<h2>First half of 2025 shows recovery trend</h2>Overall, Boeing delivered 280 aircraft in the first half of 2025, Reuters reported. That included 206 737 MAX jets, 37 787s, 14 767s, 20 777s and three older-model 737s modified as P-8 Poseidon maritime patrol aircraft.&nbsp;These figures point to steady recovery from the chaos of the pandemic era and the lingering effects of safety crises, even as Boeing continues to grapple with production quality scrutiny from regulators.<h2>Order book highlights challenges and opportunities</h2>While deliveries gained pace, Boeing’s order activity in June cooled somewhat. The company booked 116 gross new orders last month, down from May, which Reuters noted was its sixth-best month on record for orders. June’s tally included 54 737 MAX jets and 62 787 Dreamliners. Notable orders came from Alaska Airlines for 12 737s and British Airways for 32 787s, boosting confidence in long-term demand for both short- and long-haul travel.&nbsp;Reuters also reported a small setback: Singapore Airlines cancelled three 737 MAX orders in June, showing that even as demand recovers, challenges remain. Through the first half of 2025, Boeing has booked 668 gross orders, equating to 625 net orders after cancellations and conversions.<h2>Competition with Airbus remains fierce</h2>The rivalry with Europe’s Airbus shows no signs of easing. Reuters reported that Airbus delivered 63 aircraft in June, narrowly topping Boeing’s 60.&nbsp;Airbus’s tally included eight widebody jets, three A330s and five A350s, alongside 43 single-aisle A320 and A321 aircraft, direct competitors to Boeing’s 737 family. The European manufacturer also delivered 12 A220 regional jets.<h2>A sign of stabilisation, but work remains</h2>For Boeing, June’s strong delivery total offers much-needed positive news in a year defined by trade tensions, safety reviews and questions about supply chain reliability.&nbsp;While the resumed deliveries to China reflect a rare diplomatic breakthrough, analysts caution that the company still faces a long road to full recovery. Managing production quality, meeting delivery targets, and navigating geopolitical risks will remain critical tests for Boeing as it looks to reclaim its leadership in global aviation.

Boeing June delivery surge, featuring renewed shipments to China and strong 737 MAX output, marks progress in its recovery, even as quality concerns and rivalry with Airbus persist.

Boeing delivered 60 aircraft in June, marking a strong rebound in its output and including long-awaited deliveries to China for the first time since a bruising trade dispute cooled earlier this year. Deliveries climb as trade tensions ease According to Reuters, Boeing’s June deliveries represented a 27 per cent increase from the same month last year, signalling progress for the US planemaker as it works to overcome years of production setbacks and debt pressures. Crucially, eight of those jets went to Chinese customers, marking the first such shipments since Beijing lifted a ban in May. The ban, imposed in April during an escalation in US-China tariff tensions, had threatened to sever a major revenue channel for the American aerospace giant. Reuters reported that the thaw came after Washington and Beijing agreed to temporarily reduce steep tariffs, opening the door to resumed aircraft trade between the world’s two largest economies. Wall Street watches deliveries closely Aircraft deliveries are more than just industry milestones, they’re vital cash-flow moments. Planemakers typically receive most of their payment when a jet is formally handed over. As such, Boeing’s June surge is welcome news for investors and analysts tracking its path back to stability. Boeing, long burdened by production delays and safety crises, is under intense pressure to boost output to meet demand and reduce its heavy debt load. As per Reuters, ramping up deliveries remains essential for shoring up its financial foundations. Strong showing for 737 MAX Boeing’s popular 737 MAX continued to anchor its output. In June, the company delivered 42 of these single-aisle jets. Southwest Airlines alone took 10 of them, underlining strong domestic demand. Five of those 737 MAX jets went to Chinese carriers, another signal of improving commercial ties. Boeing also delivered three other aircraft to China: a 787 Dreamliner and two 777 freighters. Beyond the MAX, June deliveries included nine 787s, four 777 freighters and five 767s. Of the 767s, three will be finished by Boeing’s defence division as KC-46 aerial refuelling tankers, supporting US military needs, as per Reuters. First half of 2025 shows recovery trend Overall, Boeing delivered 280 aircraft in the first half of 2025, Reuters reported. That included 206 737 MAX jets, 37 787s, 14 767s, 20 777s and three older-model 737s modified as P-8 Poseidon maritime patrol aircraft. These figures point to steady recovery from the chaos of the pandemic era and the lingering effects of safety crises, even as Boeing continues to grapple with production quality scrutiny from regulators. Order book highlights challenges and opportunities While deliveries gained pace, Boeing’s order activity in June cooled somewhat. The company booked 116 gross new orders last month, down from May, which Reuters noted was its sixth-best month on record for orders. June’s tally included 54 737 MAX jets and 62 787 Dreamliners. Notable orders came from Alaska Airlines for 12 737s and British Airways for 32 787s, boosting confidence in long-term demand for both short- and long-haul travel. Reuters also reported a small setback: Singapore Airlines cancelled three 737 MAX orders in June, showing that even as demand recovers, challenges remain. Through the first half of 2025, Boeing has booked 668 gross orders, equating to 625 net orders after cancellations and conversions. Competition with Airbus remains fierce The rivalry with Europe’s Airbus shows no signs of easing. Reuters reported that Airbus delivered 63 aircraft in June, narrowly topping Boeing’s 60. Airbus’s tally included eight widebody jets, three A330s and five A350s, alongside 43 single-aisle A320 and A321 aircraft, direct competitors to Boeing’s 737 family. The European manufacturer also delivered 12 A220 regional jets. A sign of stabilisation, but work remains For Boeing, June’s strong delivery total offers much-needed positive news in a year defined by trade tensions, safety reviews and questions about supply chain reliability. While the resumed deliveries to China reflect a rare diplomatic breakthrough, analysts caution that the company still faces a long road to full recovery. Managing production quality, meeting delivery targets, and navigating geopolitical risks will remain critical tests for Boeing as it looks to reclaim its leadership in global aviation.

Boeing delivers 60 jets in June, including the first to China post-tariff thaw, signaling a cautious comeback amid fierce competition and regulatory pressure.

Boeing delivers 60 jets in June, including 8 to China after tariff pause

The German government on Tuesday (July 8) accused the Chinese military of using a laser deployment to target an aircraft involved in an EU-backed Red Sea mission. Reportedly, the aircraft was participating in the EU's Operation ASPIDES.The mission was aimed at a defensive maritime security operation to protect international shipping in the Red Sea, the Indian Ocean, and the Gulf against Houthi attacks."The Chinese military has targeted a German aircraft in the EU operation ASPIDES with a laser deployment. The endangerment of German personnel &amp; disruption of the operation are completely unacceptable," the German foreign office said in a post on X.Following the attack, the German foreign office summoned the Chinese ambassador regarding this."The Chinese ambassador was summoned to the Foreign Office today regarding this matter," the ministry added.However, Germany has not disclosed the exact timings of the incident. This comes amid growing European unease over China's expanding military footprint and its influence on strategic infrastructure and technologies across the EU.<h2>What was the mission about?</h2>The Aspides EU military operation began in February 2024 to protect vessels against attacks by Yemen's Houthi militants in the southern Red Sea, with the motive to ensure ease in international shipping.Germany, Belgium, Estonia, Finland, France, Greece, Italy, Latvia, the Netherlands, and Sweden contribute to the EU mission.According to German newspaper Der Spiegel, up to 700 German armed forces personnel were participating in the EU-led mission to prepare for possible Houthi attacks on key trade routes.Earlier this year, the US also carried out a bombing campaign against the Houthis to protect freedom of international shipping in the Red Sea.Yemen's Iran-aligned Houthis on Monday said that a cargo ship they struck with gunfire, rockets, and explosive-laden remote-controlled boats had sunk in the Red Sea.Later, two crew members of the Greek-owned bulk carrier ship Eternity C were killed in an attack by sea drones and speedboats off Yemen, Liberia’s delegation told a meeting of the UN’s International Maritime Organisation.The Houthis carried out an hours-long attack targeting the cargo ship in the Red Sea, according to the authorities. &nbsp;

Germany has not disclosed the exact timings of the incident. This comes amid growing European unease over China's expanding military footprint and its influence on strategic infrastructure and technologies across the EU.

The German government on Tuesday (July 8) accused the Chinese military of using a laser deployment to target an aircraft involved in an EU-backed Red Sea mission. Reportedly, the aircraft was participating in the EU's Operation ASPIDES. The mission was aimed at a defensive maritime security operation to protect international shipping in the Red Sea, the Indian Ocean, and the Gulf against Houthi attacks. "The Chinese military has targeted a German aircraft in the EU operation ASPIDES with a laser deployment. The endangerment of German personnel & disruption of the operation are completely unacceptable," the German foreign office said in a post on X. Following the attack, the German foreign office summoned the Chinese ambassador regarding this. "The Chinese ambassador was summoned to the Foreign Office today regarding this matter," the ministry added. However, Germany has not disclosed the exact timings of the incident. This comes amid growing European unease over China's expanding military footprint and its influence on strategic infrastructure and technologies across the EU. What was the mission about? The Aspides EU military operation began in February 2024 to protect vessels against attacks by Yemen's Houthi militants in the southern Red Sea, with the motive to ensure ease in international shipping. Germany, Belgium, Estonia, Finland, France, Greece, Italy, Latvia, the Netherlands, and Sweden contribute to the EU mission. According to German newspaper Der Spiegel, up to 700 German armed forces personnel were participating in the EU-led mission to prepare for possible Houthi attacks on key trade routes. Earlier this year, the US also carried out a bombing campaign against the Houthis to protect freedom of international shipping in the Red Sea. Yemen's Iran-aligned Houthis on Monday said that a cargo ship they struck with gunfire, rockets, and explosive-laden remote-controlled boats had sunk in the Red Sea. Later, two crew members of the Greek-owned bulk carrier ship Eternity C were killed in an attack by sea drones and speedboats off Yemen, Liberia’s delegation told a meeting of the UN’s International Maritime Organisation. The Houthis carried out an hours-long attack targeting the cargo ship in the Red Sea, according to the authorities.

Germany has not disclosed the exact timings of the incident. This comes amid growing European unease over China's expanding military footprint and its influence on strategic infrastructure and technologies across the EU.

Laser attack in Red Sea? Germany accuses China of targeting aircraft during EU mission - Here's what we know

China has warned the United States against reigniting trade tensions by reimposing steep tariffs next month, signalling potential retaliation if other countries strike supply chain deals that deliberately cut China out. The warning reflects mounting uncertainty over a fragile trade truce agreed in June, with fresh tariffs now looming as deadlines approach.&nbsp;According to Reuters, the sharp response came through an official commentary in the People’s Daily, the Chinese Communist Party’s flagship newspaper, underscoring the seriousness of Beijing’s position ahead of planned tariff increases.<h2>Fresh tensions over trade truce</h2>Washington and Beijing had reached a tentative framework in June, which eased immediate fears of further escalation. However, with many details unresolved, investors and exporters remain wary that the deal could unravel. President Donald Trump on Monday began notifying trading partners that sharply higher tariffs would resume from 1 August. This reverses an earlier decision in April to delay the full implementation of duties, which was meant to give countries time to negotiate concessions.&nbsp;China now faces a deadline of 12 August to reach a new agreement with the White House that would prevent the return of tariffs that were imposed during earlier rounds of tit-for-tat exchanges. As Reuters reports, average US tariffs on Chinese exports currently stand at 51.1 per cent, while China’s average duties on US goods are around 32.6 per cent, according to the Peterson Institute for International Economics.<h2>Beijing’s warning to trading partners</h2>China’s state media commentary also sent a pointed message to countries in the region considering closer trade ties with the US that could bypass China’s manufacturing base. As per Reuters, Beijing criticised moves by nations to secure tariff reductions with Washington by effectively excluding Chinese inputs from their supply chains.&nbsp;Vietnam, for instance, recently negotiated a reduction in US tariffs from 46 per cent to 20 per cent for its own goods. However, items “transshipped” through Vietnam, typically originating in China, would still face a 40 per cent levy. The Chinese government signalled that it would not accept any arrangement that sacrifices Chinese interests in exchange for US concessions, warning of firm countermeasures.<h2>Uncertainty over global supply chains</h2>The increasingly combative rhetoric highlights the strategic battle over supply chains across Asia. The United States has been working to reduce its dependence on Chinese manufacturing while encouraging regional partners to adopt tougher controls on goods with Chinese origins. Analysts say this approach risks fragmenting trade relationships in the region, forcing countries to balance access to the US market against ties with China.&nbsp;Reuters notes that traders and businesses are closely watching the situation, with concerns that another round of tariff escalation could disrupt global commerce. With the August deadline approaching, the threat of renewed tariffs hangs over an already strained economic relationship, adding to the uncertainty facing exporters, investors, and policymakers alike. &nbsp;

China has warned Asian nations against siding with the US in trade realignment efforts, as Washington reactivates steep tariffs on Chinese goods.

China has warned the United States against reigniting trade tensions by reimposing steep tariffs next month, signalling potential retaliation if other countries strike supply chain deals that deliberately cut China out. The warning reflects mounting uncertainty over a fragile trade truce agreed in June, with fresh tariffs now looming as deadlines approach. According to Reuters, the sharp response came through an official commentary in the People’s Daily, the Chinese Communist Party’s flagship newspaper, underscoring the seriousness of Beijing’s position ahead of planned tariff increases. Fresh tensions over trade truce Washington and Beijing had reached a tentative framework in June, which eased immediate fears of further escalation. However, with many details unresolved, investors and exporters remain wary that the deal could unravel. President Donald Trump on Monday began notifying trading partners that sharply higher tariffs would resume from 1 August. This reverses an earlier decision in April to delay the full implementation of duties, which was meant to give countries time to negotiate concessions. China now faces a deadline of 12 August to reach a new agreement with the White House that would prevent the return of tariffs that were imposed during earlier rounds of tit-for-tat exchanges. As Reuters reports, average US tariffs on Chinese exports currently stand at 51.1 per cent, while China’s average duties on US goods are around 32.6 per cent, according to the Peterson Institute for International Economics. Beijing’s warning to trading partners China’s state media commentary also sent a pointed message to countries in the region considering closer trade ties with the US that could bypass China’s manufacturing base. As per Reuters, Beijing criticised moves by nations to secure tariff reductions with Washington by effectively excluding Chinese inputs from their supply chains. Vietnam, for instance, recently negotiated a reduction in US tariffs from 46 per cent to 20 per cent for its own goods. However, items “transshipped” through Vietnam, typically originating in China, would still face a 40 per cent levy. The Chinese government signalled that it would not accept any arrangement that sacrifices Chinese interests in exchange for US concessions, warning of firm countermeasures. Uncertainty over global supply chains The increasingly combative rhetoric highlights the strategic battle over supply chains across Asia. The United States has been working to reduce its dependence on Chinese manufacturing while encouraging regional partners to adopt tougher controls on goods with Chinese origins. Analysts say this approach risks fragmenting trade relationships in the region, forcing countries to balance access to the US market against ties with China. Reuters notes that traders and businesses are closely watching the situation, with concerns that another round of tariff escalation could disrupt global commerce. With the August deadline approaching, the threat of renewed tariffs hangs over an already strained economic relationship, adding to the uncertainty facing exporters, investors, and policymakers alike.

With US tariffs set to resume on August 1, China issues a stark warning to regional partners like Vietnam, criticising deals that exclude Chinese supply chains and signalling potential diplomatic or trade retaliation.

China threatens retaliation as Trump signals new tariff escalation

China expands visa-free entry to 74 countries, allowing citizens to enter China for up to 30 days in a major push for tourism. The country has announced the policy change this week, which will take effect from early July. This initiative aims to boost the revenue of the tourism industry and enhance its soft power. In 2024, more than 20 million foreign visitors entered China without a visa, more than double the number in 2023, and authorities hope the number continues with an upward trend.&nbsp;“I’m practically overwhelmed with tours and struggling to keep up”, says Gao Jun, a veteran English-speaking tour guide with over 20 years of experience.&nbsp;<h2>Who can enter China without a visa?</h2>From Europe, Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Monaco, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Switzerland are in the 30-day list. Countries like the United Kingdom, the Czech Republic, Sweden, Lithuania, Ukraine and Russia are allowed 10-day visa-free transit entry.In South America, Argentina, Brazil, Chile, Peru, and Uruguay; in Asia and Oceania, Australia, New Zealand, Japan, Malaysia, Singapore, South Korea, Thailand, and Uzbekistan (Japan, Croatia, and the Balkan states were added by late 2024) are in the 30-day list.&nbsp;In the Middle East, Bahrain, Kuwait, Oman, Saudi Arabia, United Arab Emirates are allowed 30-day visa-free entry to China. From Central Asia and the Caucasus, Azerbaijan(joining July 16, 2025), Georgia, and Kazakhstan are in the list. Notably, Thailand, Uzbekistan and Kazakhstan access do not expire. Some North American countries, such as the United States, Canada and Mexico, can enter China on a 10-day visa-free transit entry and depart to a country different from the one they came from.&nbsp;"This is a landmark decision aimed at deepening people-to-people exchanges and supporting China's services sector", said a spokesperson from the National Immigration Administration.No African countries are in the list, with many Asian countries such as India, Pakistan, Sri Lanka, Nepal and Bangladesh not in the list.&nbsp;While the policy is currently set as a one-year trial, tourism officials say it could be extended or expanded based on outcomes. &nbsp;&nbsp;<h2>&nbsp;</h2>

In an attempt to further boost its tourism industry, Beijing has loosened its Visa-free policy, allowing citizens from 74 countries to enter China for up to 30 days without a visa.

China expands visa-free entry to 74 countries, allowing citizens to enter China for up to 30 days in a major push for tourism. The country has announced the policy change this week, which will take effect from early July. This initiative aims to boost the revenue of the tourism industry and enhance its soft power. In 2024, more than 20 million foreign visitors entered China without a visa, more than double the number in 2023, and authorities hope the number continues with an upward trend. “I’m practically overwhelmed with tours and struggling to keep up”, says Gao Jun, a veteran English-speaking tour guide with over 20 years of experience. Who can enter China without a visa? From Europe, Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Monaco, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Switzerland are in the 30-day list. Countries like the United Kingdom, the Czech Republic, Sweden, Lithuania, Ukraine and Russia are allowed 10-day visa-free transit entry. In South America, Argentina, Brazil, Chile, Peru, and Uruguay; in Asia and Oceania, Australia, New Zealand, Japan, Malaysia, Singapore, South Korea, Thailand, and Uzbekistan (Japan, Croatia, and the Balkan states were added by late 2024) are in the 30-day list. In the Middle East, Bahrain, Kuwait, Oman, Saudi Arabia, United Arab Emirates are allowed 30-day visa-free entry to China. From Central Asia and the Caucasus, Azerbaijan(joining July 16, 2025), Georgia, and Kazakhstan are in the list. Notably, Thailand, Uzbekistan and Kazakhstan access do not expire. Some North American countries, such as the United States, Canada and Mexico, can enter China on a 10-day visa-free transit entry and depart to a country different from the one they came from. "This is a landmark decision aimed at deepening people-to-people exchanges and supporting China's services sector", said a spokesperson from the National Immigration Administration. No African countries are in the list, with many Asian countries such as India, Pakistan, Sri Lanka, Nepal and Bangladesh not in the list. While the policy is currently set as a one-year trial, tourism officials say it could be extended or expanded based on outcomes.

In an attempt to further boost its tourism industry, Beijing has loosened its Visa-free policy, allowing citizens from 74 countries to enter China for up to 30 days without a visa.

China extends visa‑free entry to more than 70 countries - Check latest list here

China’s central bank continued to bolster its gold reserves in June, extending a buying streak that underscores Beijing’s strategy to reduce reliance on the US dollar and strengthen its financial resilience. According to Bloomberg, the People’s Bank of China (PBOC) added 70,000 troy ounces of gold to its official reserves last month. This marks the eighth consecutive monthly increase, bringing total purchases since November to about 1.1 million troy ounces, or roughly 34.2 metric tons.<h2>Building reserves as prices hover near record highs</h2>The sustained buying comes as global gold prices have traded near historic highs. Year to date, gold has risen more than 25 per cent, supported by robust central bank demand, safe-haven flows linked to geopolitical tensions in the Middle East, and uncertainty surrounding US trade and economic policy.&nbsp;While June saw gold prices stabilise after earlier gains, analysts suggest ongoing purchases by official institutions, including the PBOC are likely to provide a floor for prices in the months ahead, as per Bloomberg.<h2>Diversifying away from the dollar</h2>China’s appetite for gold reflects a long-running effort to diversify its foreign exchange reserves away from dollar-denominated assets. According to Bloomberg, the PBOC had paused gold buying for six months before resuming acquisitions in November, ending what had been an 18-month buying spree that started in 2024.&nbsp;This renewed push highlights Beijing’s concern over the sustainability of US fiscal policy and the perceived long-term weakening of the dollar.<h2>Part of a global central bank trend</h2>China is not alone in boosting gold holdings. Central banks worldwide have been buying bullion at elevated levels, viewing it as a hedge against currency volatility, inflation, and geopolitical risk.&nbsp;Bloomberg notes that these official-sector purchases have been a key driver of gold’s rally this year, even as other factors such as investor demand and safe-haven buying also play a role.<h2>Outlook remains firm despite price consolidation</h2>Though gold prices showed signs of levelling off in June, many analysts expect steady central bank demand, including from China to continue supporting the market.&nbsp;Persistent worries about the global economic outlook, tensions in the Middle East, and trade frictions driven by US President Donald Trump’s policy stance are all contributing to a cautious environment where gold remains an attractive reserve asset.&nbsp;(With inputs from the agencies) &nbsp;

The People’s Bank of China added 70,000 ounces of gold in June, part of a broader move by global central banks to reduce dollar reliance and safeguard against inflation, geopolitical shocks, and trade tensions.

China’s central bank continued to bolster its gold reserves in June, extending a buying streak that underscores Beijing’s strategy to reduce reliance on the US dollar and strengthen its financial resilience. According to Bloomberg, the People’s Bank of China (PBOC) added 70,000 troy ounces of gold to its official reserves last month. This marks the eighth consecutive monthly increase, bringing total purchases since November to about 1.1 million troy ounces, or roughly 34.2 metric tons. Building reserves as prices hover near record highs The sustained buying comes as global gold prices have traded near historic highs. Year to date, gold has risen more than 25 per cent, supported by robust central bank demand, safe-haven flows linked to geopolitical tensions in the Middle East, and uncertainty surrounding US trade and economic policy. While June saw gold prices stabilise after earlier gains, analysts suggest ongoing purchases by official institutions, including the PBOC are likely to provide a floor for prices in the months ahead, as per Bloomberg. Diversifying away from the dollar China’s appetite for gold reflects a long-running effort to diversify its foreign exchange reserves away from dollar-denominated assets. According to Bloomberg, the PBOC had paused gold buying for six months before resuming acquisitions in November, ending what had been an 18-month buying spree that started in 2024. This renewed push highlights Beijing’s concern over the sustainability of US fiscal policy and the perceived long-term weakening of the dollar. Part of a global central bank trend China is not alone in boosting gold holdings. Central banks worldwide have been buying bullion at elevated levels, viewing it as a hedge against currency volatility, inflation, and geopolitical risk. Bloomberg notes that these official-sector purchases have been a key driver of gold’s rally this year, even as other factors such as investor demand and safe-haven buying also play a role. Outlook remains firm despite price consolidation Though gold prices showed signs of levelling off in June, many analysts expect steady central bank demand, including from China to continue supporting the market. Persistent worries about the global economic outlook, tensions in the Middle East, and trade frictions driven by US President Donald Trump’s policy stance are all contributing to a cautious environment where gold remains an attractive reserve asset. (With inputs from the agencies)

China extended its gold buying streak in June, reinforcing its strategy to diversify reserves and hedge against dollar risks amid global uncertainty.

China’s central bank extends gold-buying spree for eighth straight month

Once plagued by smuggling and unregulated mining, China’s rare earth industry is now a tightly controlled strategic sector and a key lever in Beijing’s global trade diplomacy. Over the past 15 years, China has turned what was once a chaotic network of miners and exporters into a state-dominated supply chain, responsible for 90 per cent of global processing capacity.&nbsp;As per Reuters, the shift has not only curbed environmental damage but also allowed China to weaponise supply chains, most recently during export restrictions in April 2025, which left global automakers scrambling within weeks.<h2>From fragmentation to state-led consolidation</h2>In the early 2000s, China’s rare earth sector resembled the wild west. Hundreds of small-scale miners and processors operated across the country with little oversight. Much of the output bypassed official channels and was smuggled abroad, undermining Beijing’s attempts to regulate exports.&nbsp;According to Reuters, by 2013 just 10 companies controlled most of China’s rare earth mining. Today, that number is down to two powerful, state-owned giants: China Rare Earth Group and China Northern Rare Earth Group High-Tech. This consolidation has given Beijing tighter control over output while addressing rampant illegal mining that had caused significant environmental degradation, as noted by Boise State University’s David Abraham.<h2>Quotas tighten as Beijing slows supply growth</h2>Alongside industry consolidation, China has steadily strengthened its quota regime, capping how much rare earth material can be mined, smelted, and processed each year. These quotas, first introduced in 2006, now serve as a key indicator of global supply expectations. In 2024, only the two state-owned producers received quotas, compared to six companies the previous year.&nbsp;&nbsp;Mining output growth was sharply slowed to just 5.9 per cent in 2024, down from 21.4 per cent in 2023. Reuters reports that quotas this year are expected to either remain flat or rise only marginally, further constraining global access to key materials used in electric vehicles, wind turbines and advanced electronics.<h2>Cracking down on smuggling and magnet tech exports</h2>In 2014, it was estimated that around 40,000 metric tonnes of rare earth oxides were smuggled out of China, more than half the volume of the country’s legal exports. Beijing has since moved aggressively to shut down illegal trade routes and introduce supply chain transparency. Although magnet manufacturing remains more fragmented, with companies like JL Mag Rare-Earth and Ningbo Yunsheng still operating independently, Beijing has now introduced mandatory tracking for rare earth magnet production.&nbsp;&nbsp;As of June 2025, companies must report customer information and transaction volumes, in a bid to oversee end-user access. Moreover, China has long banned the export of rare earth processing technology. That restriction was expanded in late 2023 to cover advanced technologies used in rare earth magnet production, a move that limits other nations’ ability to replicate the full value chain.<h2>A strategic tool in trade disputes</h2>Beijing’s rare earth policy has evolved from reactive to proactive. In 2010, when China cut exports to Japan during a diplomatic spat, smuggling undercut its impact. But in 2025, a similar restriction triggered visible shortages within two months.&nbsp;With China now commanding both the upstream and downstream sides of the rare earth sector, the country holds substantial sway over industries critical to the energy transition and high-tech manufacturing. As per Reuters, this transformation has turned rare earths into a potent geopolitical tool, one that the rest of the world may find increasingly difficult to decouple from. &nbsp;

By transforming a once chaotic rare earth sector into a state controlled powerhouse, China now wields strategic control over materials vital to EVs, wind turbines, and electronics, intensifying global dependence amid rising trade tensions.

Once plagued by smuggling and unregulated mining, China’s rare earth industry is now a tightly controlled strategic sector and a key lever in Beijing’s global trade diplomacy. Over the past 15 years, China has turned what was once a chaotic network of miners and exporters into a state-dominated supply chain, responsible for 90 per cent of global processing capacity. As per Reuters, the shift has not only curbed environmental damage but also allowed China to weaponise supply chains, most recently during export restrictions in April 2025, which left global automakers scrambling within weeks. From fragmentation to state-led consolidation In the early 2000s, China’s rare earth sector resembled the wild west. Hundreds of small-scale miners and processors operated across the country with little oversight. Much of the output bypassed official channels and was smuggled abroad, undermining Beijing’s attempts to regulate exports. According to Reuters, by 2013 just 10 companies controlled most of China’s rare earth mining. Today, that number is down to two powerful, state-owned giants: China Rare Earth Group and China Northern Rare Earth Group High-Tech. This consolidation has given Beijing tighter control over output while addressing rampant illegal mining that had caused significant environmental degradation, as noted by Boise State University’s David Abraham. Quotas tighten as Beijing slows supply growth Alongside industry consolidation, China has steadily strengthened its quota regime, capping how much rare earth material can be mined, smelted, and processed each year. These quotas, first introduced in 2006, now serve as a key indicator of global supply expectations. In 2024, only the two state-owned producers received quotas, compared to six companies the previous year. Mining output growth was sharply slowed to just 5.9 per cent in 2024, down from 21.4 per cent in 2023. Reuters reports that quotas this year are expected to either remain flat or rise only marginally, further constraining global access to key materials used in electric vehicles, wind turbines and advanced electronics. Cracking down on smuggling and magnet tech exports In 2014, it was estimated that around 40,000 metric tonnes of rare earth oxides were smuggled out of China, more than half the volume of the country’s legal exports. Beijing has since moved aggressively to shut down illegal trade routes and introduce supply chain transparency. Although magnet manufacturing remains more fragmented, with companies like JL Mag Rare-Earth and Ningbo Yunsheng still operating independently, Beijing has now introduced mandatory tracking for rare earth magnet production. As of June 2025, companies must report customer information and transaction volumes, in a bid to oversee end-user access. Moreover, China has long banned the export of rare earth processing technology. That restriction was expanded in late 2023 to cover advanced technologies used in rare earth magnet production, a move that limits other nations’ ability to replicate the full value chain. A strategic tool in trade disputes Beijing’s rare earth policy has evolved from reactive to proactive. In 2010, when China cut exports to Japan during a diplomatic spat, smuggling undercut its impact. But in 2025, a similar restriction triggered visible shortages within two months. With China now commanding both the upstream and downstream sides of the rare earth sector, the country holds substantial sway over industries critical to the energy transition and high-tech manufacturing. As per Reuters, this transformation has turned rare earths into a potent geopolitical tool, one that the rest of the world may find increasingly difficult to decouple from.

China’s crackdown on illegal mining and consolidation of its rare earth industry has tightened global supply and heightened its influence over critical green technologies.

How China turned rare earths into a powerful geopolitical tool

China’s oil refining industry is confronting yet another challenge: a growing surplus of jet fuel that threatens to squeeze already thin profit margins. Refiners had bet on aviation to offset sliding demand for gasoline and diesel, but now they are faced with more supply than the market can absorb.&nbsp;According to Bloomberg, jet fuel production this year is already exceeding demand by more than 40 per cent, reflecting both structural shifts in transport and slower-than-expected growth in air travel.<h2>Aviation boom turns to bust for refiners</h2>Following the pandemic, China’s refiners saw jet fuel as a lifeline. As road fuel demand was hit by a surge in electric vehicle adoption and a shift by freight operators to alternatives like liquefied natural gas, refiners channelled more output into aviation.&nbsp;However, as per Bloomberg, this strategy is now backfiring. Domestic air travel has rebounded but remains heavily tilted towards short-haul routes, limiting fuel burn. Meanwhile, international travel is still sluggish, failing to pick up the slack needed to balance the market. Kpler analyst Zameer Yusof told Bloomberg that jet fuel became China’s answer to falling gasoline and diesel demand, but “all it did was shift the problem elsewhere.” Kpler expects a surplus of around 390,000 barrels per day this year in China alone.<h2>Longer-term headwinds for demand</h2>Even as air travel is expected to continue growing into 2025, the pace may fall short of what China’s refiners need. Structural changes like the rapid expansion of high-speed rail networks are limiting the growth trajectory for aviation fuel demand.&nbsp;Bloomberg also highlights that newer, more fuel-efficient aircraft and better operational practices by airlines are curbing fuel use per flight. On top of this, the outlook for Chinese consumer spending remains uncertain, adding another layer of caution for refiners banking on domestic travel growth.<h2>Export surge risks regional oversupply</h2>With domestic options limited, China is increasingly pushing excess fuel abroad. Bloomberg notes that June exports were forecast to hit a record 2.6 million tonnes, threatening to displace competing supplies from regions like the Middle East and India.&nbsp;This surge in exports risks spreading China’s refinery overcapacity challenges beyond its borders, adding pressure on regional markets, and potentially sparking new trade tensions.<h2>Refining margins remain under strain</h2>Chinese refiners have faced years of weak margins as demand patterns have shifted. Diesel consumption is believed to have peaked back in 2019, while the electric vehicle boom likely capped gasoline demand growth in 2023.&nbsp;Bloomberg reports that even Beijing’s push to pivot towards producing more petrochemicals has offered little relief. While the government has encouraged investments in ethylene production, a key input for plastics, the sector is now also facing its own oversupply concerns. According to Rystad Energy cited by Bloomberg, China plans to add another 26 million tonnes of ethylene capacity over the next few years, even as global demand remains clouded by a slowing economy.<h2>Tough choices ahead for refiners</h2>Analysts say China’s refiners are now left with few easy options. Domestic fuel demand is plateauing or declining in key segments, export markets are increasingly saturated, and alternative strategies like petrochemical production are hitting limits.&nbsp;With margins under pressure and global competition intensifying, the sector may face further consolidation or restructuring in the years to come as it grapples with deep structural changes in energy use and economic growth patterns.&nbsp;(With inputs from the agencies) &nbsp;

Betting on aviation fuel to offset declining gasoline and diesel demand, China refiners now face a 40% jet fuel oversupply, weakening profits and risking regional trade disruptions amid structural shifts in energy use.

China’s oil refining industry is confronting yet another challenge: a growing surplus of jet fuel that threatens to squeeze already thin profit margins. Refiners had bet on aviation to offset sliding demand for gasoline and diesel, but now they are faced with more supply than the market can absorb. According to Bloomberg, jet fuel production this year is already exceeding demand by more than 40 per cent, reflecting both structural shifts in transport and slower-than-expected growth in air travel. Aviation boom turns to bust for refiners Following the pandemic, China’s refiners saw jet fuel as a lifeline. As road fuel demand was hit by a surge in electric vehicle adoption and a shift by freight operators to alternatives like liquefied natural gas, refiners channelled more output into aviation. However, as per Bloomberg, this strategy is now backfiring. Domestic air travel has rebounded but remains heavily tilted towards short-haul routes, limiting fuel burn. Meanwhile, international travel is still sluggish, failing to pick up the slack needed to balance the market. Kpler analyst Zameer Yusof told Bloomberg that jet fuel became China’s answer to falling gasoline and diesel demand, but “all it did was shift the problem elsewhere.” Kpler expects a surplus of around 390,000 barrels per day this year in China alone. Longer-term headwinds for demand Even as air travel is expected to continue growing into 2025, the pace may fall short of what China’s refiners need. Structural changes like the rapid expansion of high-speed rail networks are limiting the growth trajectory for aviation fuel demand. Bloomberg also highlights that newer, more fuel-efficient aircraft and better operational practices by airlines are curbing fuel use per flight. On top of this, the outlook for Chinese consumer spending remains uncertain, adding another layer of caution for refiners banking on domestic travel growth. Export surge risks regional oversupply With domestic options limited, China is increasingly pushing excess fuel abroad. Bloomberg notes that June exports were forecast to hit a record 2.6 million tonnes, threatening to displace competing supplies from regions like the Middle East and India. This surge in exports risks spreading China’s refinery overcapacity challenges beyond its borders, adding pressure on regional markets, and potentially sparking new trade tensions. Refining margins remain under strain Chinese refiners have faced years of weak margins as demand patterns have shifted. Diesel consumption is believed to have peaked back in 2019, while the electric vehicle boom likely capped gasoline demand growth in 2023. Bloomberg reports that even Beijing’s push to pivot towards producing more petrochemicals has offered little relief. While the government has encouraged investments in ethylene production, a key input for plastics, the sector is now also facing its own oversupply concerns. According to Rystad Energy cited by Bloomberg, China plans to add another 26 million tonnes of ethylene capacity over the next few years, even as global demand remains clouded by a slowing economy. Tough choices ahead for refiners Analysts say China’s refiners are now left with few easy options. Domestic fuel demand is plateauing or declining in key segments, export markets are increasingly saturated, and alternative strategies like petrochemical production are hitting limits. With margins under pressure and global competition intensifying, the sector may face further consolidation or restructuring in the years to come as it grapples with deep structural changes in energy use and economic growth patterns. (With inputs from the agencies)

China’s refiners are grappling with a growing jet fuel surplus as weak international travel and overproduction strain margins and flood export markets.

China’s oil refiners face jet fuel glut as demand disappoints

The leaders of Russia and China, two of BRICS’ most influential founding members, have decided not to attend the upcoming summit in Brazil. For the first time in over a decade, Chinese President Xi Jinping will not attend a BRICS summit. Instead, Premier Li Qiang will represent Beijing in Brazil. The official explanation mentions “scheduling conflicts”, but the lack of clarity has prompted speculation that China may be reconsidering the group’s strategic value, especially after its rapid expansion.Also read: <a href="https://www.wionews.com/world/trump-wants-putin-back-in-g7-and-make-it-g8-as-earlier-why-was-russia-kicked-out-can-it-return-1750155798487">Trump wants Putin back in G7 and make it G8 as earlier. Why was Russia kicked out?&nbsp;Can it&nbsp;return?</a>Russian President Vladimir Putin is also skipping the summit, a move widely linked to the International Criminal Court’s arrest warrant against him. Brazil, the host nation, is a signatory to the ICC statute, and though it hasn’t indicated it would act on the warrant, Putin is avoiding any potential embarrassment for his hosts. He had similarly withdrawn from last year’s summit in South Africa over the same legal concerns.Putin stands accused by the ICC of playing a key role in the forced deportation of Ukrainian children, a charge that has further isolated him from international platforms.<h2>Expansion may have diluted the bloc’s core vision</h2>BRICS was originally formed as a unified voice of emerging economies, Brazil, Russia, India, China and South Africa, positioning itself as a counterweight to the G7 and Western dominance.But the group’s recent expansion to include Iran, Egypt, Ethiopia, Indonesia, Saudi Arabia, and the UAE has made it less ideologically cohesive. Many of the new members are authoritarian regimes, and not all share the original BRICS focus on reforming global governance or promoting multilateralism. This ideological drift could be part of why China and Russia are choosing to step back from active participation.Brazil, the summit host, sees BRICS as a platform to champion inclusive global governance, rather than an arena to vent frustration at the West. According to Antonio Patriota, Brazil’s ambassador to the UK and former foreign minister, a shift towards a multipolar world is already underway, thanks in part to past US policies under Donald Trump.Speaking recently in London, Patriota said, “The US, through its policies, including on tariffs and sovereignty, is accelerating the transition to multipolarity in different ways.”Brazil’s proposals for this year’s summit include:• Green energy cooperation• Vaccine collaboration• Expanding Most-Favoured Nation status within the WTOThe absence of Putin and Xi, both known for focusing heavily on anti-West narratives, may help Brazil steer the summit toward more constructive discussions on reform and global cooperation.<h2>A sign of internal strain, or strategy?</h2>While BRICS still presents itself as a powerful bloc, internal contradictions are becoming more visible. India remains wary of China. Brazil is trying to avoid being seen as anti-West. And some of the new members have divergent economic goals or existing partnerships with Western institutions.Xi’s absence, in particular, comes at a time when the US is retreating from global leadership, offering China a rare opportunity to take centre stage. Why Beijing would choose to pass on this chance remains unclear, and could signal a recalibration of its global alliances.Patriota dismissed the idea that a multipolar world would be chaotic. “There is strong support for preserving multilateralism, but that does not mean that we need to preserve it as it stands,” he said.But he also warned that waiting too long to reform existing systems could be dangerous, “Unless there is a strong movement towards reform now, we run the risk of reaching a tipping point.”

BRICS was originally formed as a unified voice of emerging economies, Brazil, Russia, India, China and South Africa, positioning itself as a counterweight to the G7 and Western dominance.

The leaders of Russia and China, two of BRICS’ most influential founding members, have decided not to attend the upcoming summit in Brazil. For the first time in over a decade, Chinese President Xi Jinping will not attend a BRICS summit. Instead, Premier Li Qiang will represent Beijing in Brazil. The official explanation mentions “scheduling conflicts”, but the lack of clarity has prompted speculation that China may be reconsidering the group’s strategic value, especially after its rapid expansion. Also read: Trump wants Putin back in G7 and make it G8 as earlier. Why was Russia kicked out? Can it return? Russian President Vladimir Putin is also skipping the summit, a move widely linked to the International Criminal Court’s arrest warrant against him. Brazil, the host nation, is a signatory to the ICC statute, and though it hasn’t indicated it would act on the warrant, Putin is avoiding any potential embarrassment for his hosts. He had similarly withdrawn from last year’s summit in South Africa over the same legal concerns. Putin stands accused by the ICC of playing a key role in the forced deportation of Ukrainian children, a charge that has further isolated him from international platforms. Expansion may have diluted the bloc’s core vision BRICS was originally formed as a unified voice of emerging economies, Brazil, Russia, India, China and South Africa, positioning itself as a counterweight to the G7 and Western dominance. But the group’s recent expansion to include Iran, Egypt, Ethiopia, Indonesia, Saudi Arabia, and the UAE has made it less ideologically cohesive. Many of the new members are authoritarian regimes, and not all share the original BRICS focus on reforming global governance or promoting multilateralism. This ideological drift could be part of why China and Russia are choosing to step back from active participation. Brazil, the summit host, sees BRICS as a platform to champion inclusive global governance, rather than an arena to vent frustration at the West. According to Antonio Patriota, Brazil’s ambassador to the UK and former foreign minister, a shift towards a multipolar world is already underway, thanks in part to past US policies under Donald Trump. Speaking recently in London, Patriota said, “The US, through its policies, including on tariffs and sovereignty, is accelerating the transition to multipolarity in different ways.” Brazil’s proposals for this year’s summit include: • Green energy cooperation • Vaccine collaboration • Expanding Most-Favoured Nation status within the WTO The absence of Putin and Xi, both known for focusing heavily on anti-West narratives, may help Brazil steer the summit toward more constructive discussions on reform and global cooperation. A sign of internal strain, or strategy? While BRICS still presents itself as a powerful bloc, internal contradictions are becoming more visible. India remains wary of China. Brazil is trying to avoid being seen as anti-West. And some of the new members have divergent economic goals or existing partnerships with Western institutions. Xi’s absence, in particular, comes at a time when the US is retreating from global leadership, offering China a rare opportunity to take centre stage. Why Beijing would choose to pass on this chance remains unclear, and could signal a recalibration of its global alliances. Patriota dismissed the idea that a multipolar world would be chaotic. “There is strong support for preserving multilateralism, but that does not mean that we need to preserve it as it stands,” he said. But he also warned that waiting too long to reform existing systems could be dangerous, “Unless there is a strong movement towards reform now, we run the risk of reaching a tipping point.”

BRICS was originally formed as a unified voice of emerging economies, Brazil, Russia, India, China and South Africa, positioning itself as a counterweight to the G7 and Western dominance.

Is BRICS’ importance waning? Why Xi and Putin are skipping the Brazil summit

Beijing has announced new restrictions on European Union medical device firms, marking a sharp escalation in trade tensions over market access for government procurement contracts. According to a statement from China’s Ministry of Finance, companies based in the European Union will face restrictions on participating in government procurements for certain medical devices valued over 45 million yuan ($6.3 million). The new measures will take effect on Sunday.&nbsp;As reported by Bloomberg, the move is described as a reciprocal measure responding to recent European Union actions aimed at limiting Chinese companies’ access to lucrative public tenders for medical equipment within the bloc.<h2>EU’s procurement restrictions</h2>The European Union in June agreed by a wide margin to introduce limits on Chinese medical device manufacturers seeking public procurement contracts in Europe. According to Bloomberg, people familiar with those discussions said the EU aimed to curb Chinese firms’ market share, citing concerns over unfair competition and limited reciprocal access for European companies in China.&nbsp;This EU policy move was seen as part of a broader strategy to level the playing field, given that European suppliers have often struggled to win large-scale Chinese government contracts despite Beijing’s own firms having significant sales opportunities in Europe.<h2>China calls its move ‘reciprocal’</h2>China’s finance ministry labelled its new policy as reciprocal curbs, highlighting what it views as an imbalance in market access. The ministry’s statement underlines Beijing’s increasing willingness to retaliate directly against what it sees as protectionist policies targeting its exporters.&nbsp;The ban will apply to government procurements exceeding 45 million yuan for designated categories of medical devices, although the finance ministry did not publicly specify which devices would be affected.<h2>Rising trade tensions</h2>The procurement fight adds to a growing list of economic tensions between China and the European Union, ranging from clean-technology subsidies to electric vehicle tariffs. The EU has launched several trade investigations targeting Chinese products, including probes into subsidies for EV manufacturers, moves that Beijing has criticised as discriminatory.&nbsp;As per Bloomberg, the latest procurement restrictions signal that China is willing to hit back sector by sector if European governments move to shut Chinese companies out of their own markets.<h2>Outlook for EU–China trade ties</h2>This tit-for-tat approach is expected to further complicate trade negotiations between Brussels and Beijing. European officials have insisted their measures are about ensuring fair competition rather than blanket protectionism, but China has accused the EU of politicising trade. The new procurement rules mark a significant symbolic shift as well: for years, European companies have called for greater access to China’s vast government procurement market, which remains tightly controlled despite Beijing’s pledges of openness.&nbsp;As the new Chinese restrictions take effect this week, both sides appear to be hardening their stance, making any swift resolution to these procurement disputes increasingly unlikely.&nbsp;(With inputs from the agencies) &nbsp;

These reciprocal measures follow the EU limitations on Chinese manufacturers seeking public contracts. China finance ministry emphasized market access imbalances, indicating readiness to retaliate against perceived protectionism. 

Beijing has announced new restrictions on European Union medical device firms, marking a sharp escalation in trade tensions over market access for government procurement contracts. According to a statement from China’s Ministry of Finance, companies based in the European Union will face restrictions on participating in government procurements for certain medical devices valued over 45 million yuan ($6.3 million). The new measures will take effect on Sunday. As reported by Bloomberg, the move is described as a reciprocal measure responding to recent European Union actions aimed at limiting Chinese companies’ access to lucrative public tenders for medical equipment within the bloc. EU’s procurement restrictions The European Union in June agreed by a wide margin to introduce limits on Chinese medical device manufacturers seeking public procurement contracts in Europe. According to Bloomberg, people familiar with those discussions said the EU aimed to curb Chinese firms’ market share, citing concerns over unfair competition and limited reciprocal access for European companies in China. This EU policy move was seen as part of a broader strategy to level the playing field, given that European suppliers have often struggled to win large-scale Chinese government contracts despite Beijing’s own firms having significant sales opportunities in Europe. China calls its move ‘reciprocal’ China’s finance ministry labelled its new policy as reciprocal curbs, highlighting what it views as an imbalance in market access. The ministry’s statement underlines Beijing’s increasing willingness to retaliate directly against what it sees as protectionist policies targeting its exporters. The ban will apply to government procurements exceeding 45 million yuan for designated categories of medical devices, although the finance ministry did not publicly specify which devices would be affected. Rising trade tensions The procurement fight adds to a growing list of economic tensions between China and the European Union, ranging from clean-technology subsidies to electric vehicle tariffs. The EU has launched several trade investigations targeting Chinese products, including probes into subsidies for EV manufacturers, moves that Beijing has criticised as discriminatory. As per Bloomberg, the latest procurement restrictions signal that China is willing to hit back sector by sector if European governments move to shut Chinese companies out of their own markets. Outlook for EU–China trade ties This tit-for-tat approach is expected to further complicate trade negotiations between Brussels and Beijing. European officials have insisted their measures are about ensuring fair competition rather than blanket protectionism, but China has accused the EU of politicising trade. The new procurement rules mark a significant symbolic shift as well: for years, European companies have called for greater access to China’s vast government procurement market, which remains tightly controlled despite Beijing’s pledges of openness. As the new Chinese restrictions take effect this week, both sides appear to be hardening their stance, making any swift resolution to these procurement disputes increasingly unlikely. (With inputs from the agencies)

China will implement new restrictions on EU medical device firms, restricting government procurement contracts for devices over 45 million yuan ($6.3 million) due to escalating trade tensions.

China hits reciprocal curbs on EU medical device contracts

The 17th BRICS Summit is scheduled to take place on July 6-7, 2025, in Rio de Janeiro in Brazil. It will be held at the city's Museum of Modern Art with an emphasis on inclusive and sustainable global south, covering trade, health, digital tech, climate, forest conservation fund and a new investment guarantee mechanism via the New Development Bank (NDB). With the induction of Vietnam, BRICS+ now constitutes 44 per cent of Global GDP and 56 per cent of the world population. With 10 members and 10 partners, BRICS has expanded to 20 countries.<h2>Which countries are in the 17th BRICS summit 2025?</h2>There will be participation from 20 countries in the 17th BRICS summit 2025, with 10 core members and 10 partner countries.Core members: Brazil, Russia, India, China, and South Africa are the founding members. Egypt, Ethiopia, Iran and the United Arab Emirates become members of BRICS on January 1, 2024. Indonesia became a member of BRICS in January 2025.&nbsp;Partners: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam are partner nations. Vietnam was the most recent member to be inducted into the BRICS in June 2025.Brazil's President Lula da Silva, India's Prime Minister Narendra Modi, and South African President Cyril Ramaphosa will be present for the 17th BRICS Summit.Both Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the summit in person.<h2>Why will Putin and Xi not join the 17th BRICS Summit?</h2>&nbsp;Putin will participate virtually due to an outstanding arrest warrant, which mandates his arrest if he enters Brazil. Instead, Foreign Minister Sergei Lavrov will be present as Russia's representative. Chinese President will miss the summit for the first time since his Presidential term since assuming power due to a scheduling conflict. Premier LiQang will lead the Chinese delegation for the summit.

The global south-led organisation BRICS expand to 56 per cent of the world population and 44 per cent of the global GDP. BRICS leaders are meeting in Rio, Brazil, on July 6-7 for the 17th BRICS summit. Which countries are part of the 17th BRICS summit in 2025?

The 17th BRICS Summit is scheduled to take place on July 6-7, 2025, in Rio de Janeiro in Brazil. It will be held at the city's Museum of Modern Art with an emphasis on inclusive and sustainable global south, covering trade, health, digital tech, climate, forest conservation fund and a new investment guarantee mechanism via the New Development Bank (NDB). With the induction of Vietnam, BRICS+ now constitutes 44 per cent of Global GDP and 56 per cent of the world population. With 10 members and 10 partners, BRICS has expanded to 20 countries. Which countries are in the 17th BRICS summit 2025? There will be participation from 20 countries in the 17th BRICS summit 2025, with 10 core members and 10 partner countries. Core members: Brazil, Russia, India, China, and South Africa are the founding members. Egypt, Ethiopia, Iran and the United Arab Emirates become members of BRICS on January 1, 2024. Indonesia became a member of BRICS in January 2025. Partners: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam are partner nations. Vietnam was the most recent member to be inducted into the BRICS in June 2025. Brazil's President Lula da Silva, India's Prime Minister Narendra Modi, and South African President Cyril Ramaphosa will be present for the 17th BRICS Summit. Both Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the summit in person. Why will Putin and Xi not join the 17th BRICS Summit? Putin will participate virtually due to an outstanding arrest warrant, which mandates his arrest if he enters Brazil. Instead, Foreign Minister Sergei Lavrov will be present as Russia's representative. Chinese President will miss the summit for the first time since his Presidential term since assuming power due to a scheduling conflict. Premier LiQang will lead the Chinese delegation for the summit.

The global south-led organisation BRICS expand to 56 per cent of the world population and 44 per cent of the global GDP. BRICS leaders are meeting in Rio, Brazil, on July 6-7 for the 17th BRICS summit. Which countries are part of the 17th BRICS summit in 2025?

44% of global GDP, 56% of world population: Which countries are part of the 17th BRICS summit in 2025?

In a horrifying account revealed by female survivors who have come forward with gut-wrenching testimonials detailing the torture they endured while being imprisoned in a so-called ‘re-education camp' across the Xinjiang province in the People’s Republic of China. Their stories published by the Daily Mail, alleges sadistic conditions – systematic torture, mass sterilisation, mysterious injections, organ extractions and gang rape.&nbsp;Prisoners' testimony shows they were being wrapped in a ‘tiger chair’ with their legs tied to a bench as bricks attached to the bottom of their feet forced their legs backwards, causing them unimaginable pain.&nbsp;<h2>Testimony of survivors</h2>Sayragul Sauytbay, a Uyghur Muslim, in 2017, was forced into a camp to teach other prisoners Mandarin. After being released in a 2019 interview with the Israeli newspaper Haaretz, she detailed the horrific world inside the prison. The prisoners were shackled, sleep deprived and subjected to humiliating punishments. She also described that those punishments were carried out in a 'black room'. She compared the savagery of those prisons in the Xinjiang region with that of the Jewish concentration camps.&nbsp;She described a gruesome incident where an elderly woman's skin was removed from her body slowly, for a minor act of defiance. Other tortures included being forced to sit on a chair covered with nails, beatings with electrified truncheons and having fingernails torn out.&nbsp;She also said there was constant surveillance with cameras and a centralised control room just like the 'panopticon' conceived by Jeremy Bentham.&nbsp;Women were raped and others were forced to watch the act and guards were monitoring their reaction.&nbsp;'While they were raping her they checked to see how we were reacting. People who turned their head or closed their eyes, and those who looked angry or shocked, were taken away and we never saw them again,' said Sauytbay ‘It was awful. I will never forget the feeling of helplessness, of not being able to help her.’Mihirgul Tursun, a prisoner who escaped a detention camp, detailed the torture and abuse she experienced at the hands of Chinese authorities. In a 2018 press conference in Washington, she said that she was interrogated for four days without sleep. She was forced to shave her head and was subjected to intrusive medical examinations. She recalled one incident where she was taken to a room where she was placed in a high chair, and her legs and arms were locked in place.&nbsp;'The authorities put a helmet-like thing on my head, and each time I was electrocuted, my whole body would shake violently and I would feel the pain in my veins,' Tursun said.'I don't remember the rest. White foam came out of my mouth, and I began to lose consciousness,' Tursun said. 'The last word I heard them saying is that you being a Uyghur is a crime.'A more chilling incident, Cheng Pei Ming, a survivor who was persecuted by the Chinese authorities for his religious beliefs. He was taken to a hospital where the doctors pressured him to sign a consent form; on refusing to do so, he was injected with a substance which made him unconscious. When he woke up, he saw a large incision down the left side of his chest. On thorough examination, he figured out that part of his lung and liver had been taken. &nbsp;China denies any claims of wrongdoing; however, &nbsp;according to the report by Daily Mail, they admitted that organs were taken from executed prisoners up until 2015.<h2>Human rights situation of Uyghur Muslims</h2>According to rights groups, since 2014, China has committed serious human rights abuses against Uyghurs and other Turkic Muslim minorities in Xinjiang. Over a million people are suffering in concentration camps, which the Chinese authority calls re-education camps. In addition to the detention camps, there were cases of forced sterilisation, forced contraception, and forced abortion. According to the statistics of the Chinese government, the birth rate of Uyghurs fell by 60 per cent in 2017-18.Speaking at the 59th Session of the UN Human Rights Council in Geneva, World Uyghur Congress former president and a leading Uyghur rights advocate, Dolkun Isa, said, "The situation of Uyghurs in East Turkestan is still dire. Still, a million people are suffering in concentration camps. Forced labour is still an issue. There are still one million Uyghur children separated from their families and subjected to forced labour. Forced separation is still the case in East Turkestan.""In the last couple of years, the Chinese government has been organising propaganda tours, bringing some journalists, particularly from Global Sources and even some Western countries, inviting them and just showing them around. They use these delegations as propaganda tools, trying to whitewash the ongoing genocide in East Turkestan against the Uyghurs," he saidChinese security agencies started an orchestrated campaign against Uyghurs in 1996, after alleged separatism and illegal religious activities, prompting many to flee to Afghanistan, Pakistan, and the Central Asian Republics. Many critics say US security agencies were involved in stirring up unrest in the Xinjiang region. The crackdown by the Chinese Communist Party has been hard, while many equate it to another genocide.&nbsp;

Surrviovor testimony reveal sadistic conditions; torture, rape and organ Harvesting in China’s secret prisons for Uyghur Muslim which Chinese government calls  ‘re-education camp'.

In a horrifying account revealed by female survivors who have come forward with gut-wrenching testimonials detailing the torture they endured while being imprisoned in a so-called ‘re-education camp' across the Xinjiang province in the People’s Republic of China. Their stories published by the Daily Mail, alleges sadistic conditions – systematic torture, mass sterilisation, mysterious injections, organ extractions and gang rape. Prisoners' testimony shows they were being wrapped in a ‘tiger chair’ with their legs tied to a bench as bricks attached to the bottom of their feet forced their legs backwards, causing them unimaginable pain. Testimony of survivors Sayragul Sauytbay, a Uyghur Muslim, in 2017, was forced into a camp to teach other prisoners Mandarin. After being released in a 2019 interview with the Israeli newspaper Haaretz, she detailed the horrific world inside the prison. The prisoners were shackled, sleep deprived and subjected to humiliating punishments. She also described that those punishments were carried out in a 'black room'. She compared the savagery of those prisons in the Xinjiang region with that of the Jewish concentration camps. She described a gruesome incident where an elderly woman's skin was removed from her body slowly, for a minor act of defiance. Other tortures included being forced to sit on a chair covered with nails, beatings with electrified truncheons and having fingernails torn out. She also said there was constant surveillance with cameras and a centralised control room just like the 'panopticon' conceived by Jeremy Bentham. Women were raped and others were forced to watch the act and guards were monitoring their reaction. 'While they were raping her they checked to see how we were reacting. People who turned their head or closed their eyes, and those who looked angry or shocked, were taken away and we never saw them again,' said Sauytbay ‘It was awful. I will never forget the feeling of helplessness, of not being able to help her.’ Mihirgul Tursun, a prisoner who escaped a detention camp, detailed the torture and abuse she experienced at the hands of Chinese authorities. In a 2018 press conference in Washington, she said that she was interrogated for four days without sleep. She was forced to shave her head and was subjected to intrusive medical examinations. She recalled one incident where she was taken to a room where she was placed in a high chair, and her legs and arms were locked in place. 'The authorities put a helmet-like thing on my head, and each time I was electrocuted, my whole body would shake violently and I would feel the pain in my veins,' Tursun said. 'I don't remember the rest. White foam came out of my mouth, and I began to lose consciousness,' Tursun said. 'The last word I heard them saying is that you being a Uyghur is a crime.' A more chilling incident, Cheng Pei Ming, a survivor who was persecuted by the Chinese authorities for his religious beliefs. He was taken to a hospital where the doctors pressured him to sign a consent form; on refusing to do so, he was injected with a substance which made him unconscious. When he woke up, he saw a large incision down the left side of his chest. On thorough examination, he figured out that part of his lung and liver had been taken. China denies any claims of wrongdoing; however, according to the report by Daily Mail, they admitted that organs were taken from executed prisoners up until 2015. Human rights situation of Uyghur Muslims According to rights groups, since 2014, China has committed serious human rights abuses against Uyghurs and other Turkic Muslim minorities in Xinjiang. Over a million people are suffering in concentration camps, which the Chinese authority calls re-education camps. In addition to the detention camps, there were cases of forced sterilisation, forced contraception, and forced abortion. According to the statistics of the Chinese government, the birth rate of Uyghurs fell by 60 per cent in 2017-18. Speaking at the 59th Session of the UN Human Rights Council in Geneva, World Uyghur Congress former president and a leading Uyghur rights advocate, Dolkun Isa, said, "The situation of Uyghurs in East Turkestan is still dire. Still, a million people are suffering in concentration camps. Forced labour is still an issue. There are still one million Uyghur children separated from their families and subjected to forced labour. Forced separation is still the case in East Turkestan." "In the last couple of years, the Chinese government has been organising propaganda tours, bringing some journalists, particularly from Global Sources and even some Western countries, inviting them and just showing them around. They use these delegations as propaganda tools, trying to whitewash the ongoing genocide in East Turkestan against the Uyghurs," he said Chinese security agencies started an orchestrated campaign against Uyghurs in 1996, after alleged separatism and illegal religious activities, prompting many to flee to Afghanistan, Pakistan, and the Central Asian Republics. Many critics say US security agencies were involved in stirring up unrest in the Xinjiang region. The crackdown by the Chinese Communist Party has been hard, while many equate it to another genocide.

Surrviovor testimony reveal sadistic conditions; torture, rape and organ harvesting in China’s secret prisons for Uyghur Muslim in Xinjiang, which Chinese government calls &nbsp;‘re-education camp'.

Inside China's secret prison: Mass sterilisation, organ extractions and gang rape

Chinese Foreign Minister Wang Yi is likely to visit India later this month for the &nbsp;India-China Special Representatives (SR) level talks. This will be the 24th round of the SR talks, and comes after the 23rd round of SR talks that took place in Beijing last year. The mechanism was initiated following a proposal by then-Indian Prime Minister Atal Bihari Vajpayee during his 2003 visit to China, and aims to explore a political framework for resolving the boundary issue.This will be the second visit of the Chinese foreign minister to India since the 2020 Galwan clashes, the last being in March 2022. The upcoming visit of the Chinese FM, which is underway, comes even as both India and China aim to normalise ties after the Kazan meeting between PM Modi, and Chinese President Xi Jinping. As part of the normalisation of ties, focus is on the resumption of the people-to-people ties including the Kailash Mansarovar Yatra. Both sides are also looking at cooperation on the sharing of river water data, resumption of direct air services, and exchanges between media and think-tanks.Ties between the 2 Asian neighbours were on a free fall since the Galwan clashes of 2020. India's increased worry has been China's support to Pakistan, a country that has been supporting cross-border terrorism against India and is seen as a destabilizing factor in the region as well. Pakistan has one of the largest numbers of its nationals listed as terrorists on the UN's international terror list.Last month the Indian National Security Advisor Ajit Doval and Defence Minister Rajnath Singh had visited China for the Shanghai Cooperation Organisation or SCO meetings. China is the host of the grouping for this year and will be hosting the summit at the end of August. In mid-July, it hosts the SCO Foreign Ministers meeting, for which India's external affairs Minister (EAM) Dr S Jaishankar is expected to travel to China. EAM is likely to hold a meeting with the host Chinese foreign minister, the Russian and Central Asian counterparts.This will be the first time Indian, Pakistani foreign ministers will be under the same roof since the Pahalgam terror attack by Pakistan-trained terrorists and the May conflict. No meeting is scheduled to take place between the 2 foreign ministers given Rawalpindi's support to cross-border terrorism. &nbsp;

The upcoming visit of the Chinese FM, which is underway, comes even as both India and China aim to normalise ties after the Kazan meeting between PM Modi, and Chinese President Xi Jinping.

Chinese Foreign Minister Wang Yi is likely to visit India later this month for the India-China Special Representatives (SR) level talks. This will be the 24th round of the SR talks, and comes after the 23rd round of SR talks that took place in Beijing last year. The mechanism was initiated following a proposal by then-Indian Prime Minister Atal Bihari Vajpayee during his 2003 visit to China, and aims to explore a political framework for resolving the boundary issue. This will be the second visit of the Chinese foreign minister to India since the 2020 Galwan clashes, the last being in March 2022. The upcoming visit of the Chinese FM, which is underway, comes even as both India and China aim to normalise ties after the Kazan meeting between PM Modi, and Chinese President Xi Jinping. As part of the normalisation of ties, focus is on the resumption of the people-to-people ties including the Kailash Mansarovar Yatra. Both sides are also looking at cooperation on the sharing of river water data, resumption of direct air services, and exchanges between media and think-tanks. Ties between the 2 Asian neighbours were on a free fall since the Galwan clashes of 2020. India's increased worry has been China's support to Pakistan, a country that has been supporting cross-border terrorism against India and is seen as a destabilizing factor in the region as well. Pakistan has one of the largest numbers of its nationals listed as terrorists on the UN's international terror list. Last month the Indian National Security Advisor Ajit Doval and Defence Minister Rajnath Singh had visited China for the Shanghai Cooperation Organisation or SCO meetings. China is the host of the grouping for this year and will be hosting the summit at the end of August. In mid-July, it hosts the SCO Foreign Ministers meeting, for which India's external affairs Minister (EAM) Dr S Jaishankar is expected to travel to China. EAM is likely to hold a meeting with the host Chinese foreign minister, the Russian and Central Asian counterparts. This will be the first time Indian, Pakistani foreign ministers will be under the same roof since the Pahalgam terror attack by Pakistan-trained terrorists and the May conflict. No meeting is scheduled to take place between the 2 foreign ministers given Rawalpindi's support to cross-border terrorism.

The upcoming visit of the Chinese FM, which is underway, comes even as both India and China aim to normalise ties after the Kazan meeting between PM Modi, and Chinese President Xi Jinping.

China's Wang Yi likely to visit India this month

The 14th Dalai Lama was only 23 years old when he fled Tibet and sought refuge in India. This happened in the face of the Tibetan uprising in 1959, which was followed by the Chinese invasion of Lhasa, the Tibetan capital. Born Tenzin Gyatso, the Dalai Lama has led the Tibetan government in exile ever since fleeing to India. At one point, he was confused about whether to stay and negotiate with China or flee. A prophecy by an Oracle ultimately led him to decide to flee his country, as he feared detention and death. After Chinese soldiers surrounded Lhasa, he made a daring escape, walking through the Himalayas with family members and ministers of the government. They reached India on March 31, 1959, and soon after, he was granted political asylum by Prime Minister Jawaharlal Nehru.&nbsp;<h2>What is the problem between the Dalai Lama and China?</h2>&nbsp;China claims sovereignty over Tibet, asserting that its ties date back centuries. However, Tibet maintains it has a separate history and culture. After the Qing dynasty came to an end, the 13th Dalai Lama declared the independence of Tibet in 1913. However, the Chinese government was not happy and invaded Tibet in 1950, and took control of several regions. The next year, China and Tibet reached an agreement under which the latter would return under Chinese authority while maintaining autonomy. Beijing was against this status quo, and was virtually ruling Tibetan territories. Tibet went to the UN, but later pulled back from the appeal, hoping for a mutual agreement.&nbsp;Also Read: <a href="https://www.wionews.com/world/fact-check-did-dalai-lama-cancel-meeting-with-us-vp-jd-vance-after-pope-francis-death-8989768">Fact Check: Did Dalai Lama 'cancel' meeting with US VP JD Vance after Pope Francis' death?</a>&nbsp;<h2>What is the prophecy connected to the Dalai Lama?</h2>&nbsp;But that did not happen. On 10 March 1959, the Chinese military surrounded Lhasa. The same day, Chinese military officer Zhang Jingwu invited the Dalai Lama to attend a dance show. Later, he was asked to come to the Chinese military headquarters without any bodyguards. It reeked of something fishy and a sinister plot. Tibetans demanded that he not accept the invitation. Meanwhile, the Dalai Lama could not make up his mind and so consulted the Tibetan State Oracle. He unravelled the situation and cleared the Dalai Lama's mind.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/tibetan-spiritual-leader-dalai-lama-gets-z-category-security-from-indian-govt-report-8719036">Tibetan spiritual leader Dalai Lama gets Z-category security from Indian govt: Report</a>&nbsp;<h2>Why did the Dalai Lama flee from Tibet to India?</h2>&nbsp;The Oracle is a medium who can connect with the deity Pehar, also known as Dorje Drakden, who is believed to protect the Dalai Lamas. He goes into a trance and tells the Dalai Lama about the best course of action. The first time, the Oracle told him to stay and negotiate with the Chinese authorities. But the Dalai Lama was still doubtful and so connected with the deity himself. The second time also the Oracle also said the same thing. However, the third time, the Oracle told him to flee the same night. The Dalai Lama says that soon after he left, the Chinese attacked the Norbulingka palace, the place where the Dalai Lamas lived.&nbsp;https://www.wionews.com/videos/-dalai-lama-turns-90-how-his-successor-will-be-chosen-and-why-it-matters-1751342389768/embed&nbsp;<h2>Dalai Lama's journey to India</h2>&nbsp;The Oracle told him exactly what to do and where to go. He told the Dalai Lama to reach the last Tibetan village at the Indian border, and made a detailed route map. He then wore the Chinese Army uniform and walked through the crowds gathered in front of the Norbulingka palace, unrecognised. He started an arduous journey, walking through the Himalayas. He travelled at night and made stops at monasteries of the Khamba tribe. The world learned of his escape on 21 March, and on 26 March, the Dalai Lama wrote a letter to Nehru, explaining the situation. He entered India on 31 March 1959, and weeks later, set up the Tibetan government in exile in Dharamshala. &nbsp;

Dalai Lama China: Why did the Dalai Lama flee to India from Tibet? The world knows that it was because of a Chinese incursion. However, it was a divine prophecy by an Oracle that finally led him to leave Tibet and seek refuge in India.  

The 14th Dalai Lama was only 23 years old when he fled Tibet and sought refuge in India. This happened in the face of the Tibetan uprising in 1959, which was followed by the Chinese invasion of Lhasa, the Tibetan capital. Born Tenzin Gyatso, the Dalai Lama has led the Tibetan government in exile ever since fleeing to India. At one point, he was confused about whether to stay and negotiate with China or flee. A prophecy by an Oracle ultimately led him to decide to flee his country, as he feared detention and death. After Chinese soldiers surrounded Lhasa, he made a daring escape, walking through the Himalayas with family members and ministers of the government. They reached India on March 31, 1959, and soon after, he was granted political asylum by Prime Minister Jawaharlal Nehru. What is the problem between the Dalai Lama and China? China claims sovereignty over Tibet, asserting that its ties date back centuries. However, Tibet maintains it has a separate history and culture. After the Qing dynasty came to an end, the 13th Dalai Lama declared the independence of Tibet in 1913. However, the Chinese government was not happy and invaded Tibet in 1950, and took control of several regions. The next year, China and Tibet reached an agreement under which the latter would return under Chinese authority while maintaining autonomy. Beijing was against this status quo, and was virtually ruling Tibetan territories. Tibet went to the UN, but later pulled back from the appeal, hoping for a mutual agreement. Also Read: Fact Check: Did Dalai Lama 'cancel' meeting with US VP JD Vance after Pope Francis' death? What is the prophecy connected to the Dalai Lama? But that did not happen. On 10 March 1959, the Chinese military surrounded Lhasa. The same day, Chinese military officer Zhang Jingwu invited the Dalai Lama to attend a dance show. Later, he was asked to come to the Chinese military headquarters without any bodyguards. It reeked of something fishy and a sinister plot. Tibetans demanded that he not accept the invitation. Meanwhile, the Dalai Lama could not make up his mind and so consulted the Tibetan State Oracle. He unravelled the situation and cleared the Dalai Lama's mind. Also Read: Tibetan spiritual leader Dalai Lama gets Z-category security from Indian govt: Report Why did the Dalai Lama flee from Tibet to India? The Oracle is a medium who can connect with the deity Pehar, also known as Dorje Drakden, who is believed to protect the Dalai Lamas. He goes into a trance and tells the Dalai Lama about the best course of action. The first time, the Oracle told him to stay and negotiate with the Chinese authorities. But the Dalai Lama was still doubtful and so connected with the deity himself. The second time also the Oracle also said the same thing. However, the third time, the Oracle told him to flee the same night. The Dalai Lama says that soon after he left, the Chinese attacked the Norbulingka palace, the place where the Dalai Lamas lived. https://www.wionews.com/videos/-dalai-lama-turns-90-how-his-successor-will-be-chosen-and-why-it-matters-1751342389768/embed Dalai Lama's journey to India The Oracle told him exactly what to do and where to go. He told the Dalai Lama to reach the last Tibetan village at the Indian border, and made a detailed route map. He then wore the Chinese Army uniform and walked through the crowds gathered in front of the Norbulingka palace, unrecognised. He started an arduous journey, walking through the Himalayas. He travelled at night and made stops at monasteries of the Khamba tribe. The world learned of his escape on 21 March, and on 26 March, the Dalai Lama wrote a letter to Nehru, explaining the situation. He entered India on 31 March 1959, and weeks later, set up the Tibetan government in exile in Dharamshala.

Dalai Lama 90th birthday: Why did the Dalai Lama flee to India from Tibet? The world knows that it was because of a Chinese incursion. However, it was a divine prophecy by an Oracle that finally led him to leave Tibet and seek refuge in India. &nbsp;

Dalai Lama 90th birthday: A mystic told Dalai Lama to flee to India. The same night, China attacked his residence

China has issued a stark warning that it will retaliate if its interests are threatened by the newly finalised trade agreement between the United States and Vietnam, underscoring the growing friction between Beijing and Washington as both countries recalibrate their global supply chains. The comments, delivered at a press briefing in Beijing, reflect China’s deep concern that the US is striking trade deals across Asia designed to curb its economic clout. According to Bloomberg, China’s Ministry of Commerce made clear it would not accept being sidelined in the region without responding.<h2>Beijing signals strong opposition</h2>At Thursday’s briefing, He Yongqian, a spokeswoman for China’s Ministry of Commerce, said Beijing is closely reviewing the details of the US–Vietnam deal to assess whether it damages China’s commercial interests. “We are happy to see all parties resolve trade conflicts with the US through equal negotiations but firmly oppose any party striking a deal at the expense of China’s interests,” He said, as reported by Bloomberg.&nbsp;She added that if the agreement were found to harm China, the country would “firmly strike back to protect its own legitimate rights and interests,” though she did not specify what form those countermeasures might take.<h2>What’s in the US–Vietnam deal?</h2>The warning comes just days after US President Donald Trump announced a new trade deal with Vietnam that includes a 40 per cent tariff on goods suspected of being transshipped through the country to evade existing US tariffs on Chinese-made products. As per Bloomberg, the Trump administration has targeted this practice, where companies move Chinese-made products to Vietnam, relabel them, and then ship them to the US to avoid tariffs, as part of its broader effort to reduce America’s trade deficit with China.&nbsp;Trump has insisted that the new tariff structure is essential to stop what he describes as unfair trade practices and to ensure that tariffs imposed on China cannot simply be circumvented through Vietnam.<h2>China’s broader trade worries</h2>Bloomberg notes that Beijing’s reaction reflects a broader anxiety about US efforts to build alternative supply chains in Asia, away from China. Washington has struck or is negotiating a series of trade agreements with countries across the Indo-Pacific, aiming to diversify manufacturing bases and reduce strategic dependencies on China, especially for critical technologies and industrial goods.&nbsp;This strategy has angered Chinese officials, who see it as an attempt to isolate China economically and contain its rise. The Ministry of Commerce’s latest comments are a continuation of Beijing’s tough line, signalling that any deals threatening China’s trade flows will be met with a response.<h2>Other trade tensions simmering</h2>China’s trade authorities also addressed another point of contention on Thursday. When asked about the ongoing anti-dumping probe into European Union brandy imports, the Ministry of Commerce said it would issue a final decision in the coming days.&nbsp;That investigation has been widely viewed as a retaliatory measure against EU moves to curb Chinese electric vehicle exports, a sign that Beijing is willing to use trade policy as leverage in multiple arenas.<h2>A fragile moment for global trade</h2>As per Bloomberg, China’s warning over the US–Vietnam deal highlights just how fragile the global trade environment remains. While Washington and its partners seek to secure supply chains and reduce over-reliance on China, Beijing views these moves as a direct challenge to its economic interests and is promising retaliation if it believes the country is being deliberately shut out.&nbsp;The escalating rhetoric underscores the risk of further trade tensions and tit-for-tat measures that could weigh on global commerce, unsettle markets, and complicate diplomatic ties well beyond Asia.&nbsp;(With inputs from the agencies)&nbsp;

Beijing issues a strong response to the new US–Vietnam trade agreement, accusing Washington of sidelining China and vowing to defend its trade interests, Bloomberg reports.

China has issued a stark warning that it will retaliate if its interests are threatened by the newly finalised trade agreement between the United States and Vietnam, underscoring the growing friction between Beijing and Washington as both countries recalibrate their global supply chains. The comments, delivered at a press briefing in Beijing, reflect China’s deep concern that the US is striking trade deals across Asia designed to curb its economic clout. According to Bloomberg, China’s Ministry of Commerce made clear it would not accept being sidelined in the region without responding. Beijing signals strong opposition At Thursday’s briefing, He Yongqian, a spokeswoman for China’s Ministry of Commerce, said Beijing is closely reviewing the details of the US–Vietnam deal to assess whether it damages China’s commercial interests. “We are happy to see all parties resolve trade conflicts with the US through equal negotiations but firmly oppose any party striking a deal at the expense of China’s interests,” He said, as reported by Bloomberg. She added that if the agreement were found to harm China, the country would “firmly strike back to protect its own legitimate rights and interests,” though she did not specify what form those countermeasures might take. What’s in the US–Vietnam deal? The warning comes just days after US President Donald Trump announced a new trade deal with Vietnam that includes a 40 per cent tariff on goods suspected of being transshipped through the country to evade existing US tariffs on Chinese-made products. As per Bloomberg, the Trump administration has targeted this practice, where companies move Chinese-made products to Vietnam, relabel them, and then ship them to the US to avoid tariffs, as part of its broader effort to reduce America’s trade deficit with China. Trump has insisted that the new tariff structure is essential to stop what he describes as unfair trade practices and to ensure that tariffs imposed on China cannot simply be circumvented through Vietnam. China’s broader trade worries Bloomberg notes that Beijing’s reaction reflects a broader anxiety about US efforts to build alternative supply chains in Asia, away from China. Washington has struck or is negotiating a series of trade agreements with countries across the Indo-Pacific, aiming to diversify manufacturing bases and reduce strategic dependencies on China, especially for critical technologies and industrial goods. This strategy has angered Chinese officials, who see it as an attempt to isolate China economically and contain its rise. The Ministry of Commerce’s latest comments are a continuation of Beijing’s tough line, signalling that any deals threatening China’s trade flows will be met with a response. Other trade tensions simmering China’s trade authorities also addressed another point of contention on Thursday. When asked about the ongoing anti-dumping probe into European Union brandy imports, the Ministry of Commerce said it would issue a final decision in the coming days. That investigation has been widely viewed as a retaliatory measure against EU moves to curb Chinese electric vehicle exports, a sign that Beijing is willing to use trade policy as leverage in multiple arenas. A fragile moment for global trade As per Bloomberg, China’s warning over the US–Vietnam deal highlights just how fragile the global trade environment remains. While Washington and its partners seek to secure supply chains and reduce over-reliance on China, Beijing views these moves as a direct challenge to its economic interests and is promising retaliation if it believes the country is being deliberately shut out. The escalating rhetoric underscores the risk of further trade tensions and tit-for-tat measures that could weigh on global commerce, unsettle markets, and complicate diplomatic ties well beyond Asia. (With inputs from the agencies)

China warns of retaliation over the US–Vietnam trade deal, citing threats to its interests amid escalating regional supply chain tensions.

China warns of retaliation over US–Vietnam trade deal as tensions flare

Amid the ongoing feud between US President Donald Trump and his ex-closest ally Elon Musk, Chinese people have stormed social media with posts supporting the American billionaire as most of them were on Team Musk.All this ignited when Musk pledged to found a new political party, the American Party, if Trump's sweeping tax and spending bill passed the Senate. However, the US president's "big and beautiful bill" did pass the Senate on Tuesday.The bill is expected to increase the US national debt by $3.3 trillion. Musk has described the bill as "insane" and has vowed to unseat lawmakers who supported Trump's tax and spending measure.Hours after the bill passed the US Senate, the hashtag #MuskWantsToBuildAnAmericaParty went viral on the Chinese social media platform Weibo, similar to Musk's X, which received more than 37 million views.“If Elon Musk were to found a political party, his tech-driven mindset could inject fresh energy into politics. The potential for change is significant – and worth watching,” one of the Weibo users wrote.Another user in support of Musk wrote, “When you’ve had enough, there’s no need to keep putting up with it."One user even stressed that billions of people are supporting Musk against Trump. "Brother Musk, you’ve got over a billion people on our side backing you.”Musk is widely respected and honoured in China for his technological achievements as Tesla's electric vehicles are the only Western brand on the roads of China. Moreover, Tesla's biggest factory is located in Shanghai.Notably, Musk shares a good relationship with China's Premier Li Qiang. While, US President Trump is not that popular in China and people are not fond of him, with some claiming that he has launched the most aggressive trade war on China in recent history.'Trump, Musk grow up'Some of the users also wrote that Trump and Musk should grow up, stressing that they are arguing over the smallest things.“These two grown men argue nonstop over the smallest things – and the whole world ends up knowing about it,” wrote one user, while another joked: “Every day, Musk is basically live-streaming ‘How Billionaires Argue’”.&nbsp;

Hours after the bill passed the US Senate, the hashtag #MuskWantsToBuildAnAmericaParty went viral on the Chinese social media platform Weibo, similar to Musk's X, which received more than 37 million views.

Amid the ongoing feud between US President Donald Trump and his ex-closest ally Elon Musk, Chinese people have stormed social media with posts supporting the American billionaire as most of them were on Team Musk. All this ignited when Musk pledged to found a new political party, the American Party, if Trump's sweeping tax and spending bill passed the Senate. However, the US president's "big and beautiful bill" did pass the Senate on Tuesday. The bill is expected to increase the US national debt by $3.3 trillion. Musk has described the bill as "insane" and has vowed to unseat lawmakers who supported Trump's tax and spending measure. Hours after the bill passed the US Senate, the hashtag #MuskWantsToBuildAnAmericaParty went viral on the Chinese social media platform Weibo, similar to Musk's X, which received more than 37 million views. “If Elon Musk were to found a political party, his tech-driven mindset could inject fresh energy into politics. The potential for change is significant – and worth watching,” one of the Weibo users wrote. Another user in support of Musk wrote, “When you’ve had enough, there’s no need to keep putting up with it." One user even stressed that billions of people are supporting Musk against Trump. "Brother Musk, you’ve got over a billion people on our side backing you.” Musk is widely respected and honoured in China for his technological achievements as Tesla's electric vehicles are the only Western brand on the roads of China. Moreover, Tesla's biggest factory is located in Shanghai. Notably, Musk shares a good relationship with China's Premier Li Qiang. While, US President Trump is not that popular in China and people are not fond of him, with some claiming that he has launched the most aggressive trade war on China in recent history. 'Trump, Musk grow up' Some of the users also wrote that Trump and Musk should grow up, stressing that they are arguing over the smallest things. “These two grown men argue nonstop over the smallest things – and the whole world ends up knowing about it,” wrote one user, while another joked: “Every day, Musk is basically live-streaming ‘How Billionaires Argue’”.

Hours after the bill passed the US Senate, the hashtag #MuskWantsToBuildAnAmericaParty went viral on the Chinese social media platform Weibo, similar to Musk's X, which received more than 37 million views.

'Brother Musk, billion people backing you': Here's how Chinese people are siding with Musk amid feud with Trump

India’s finished steel imports fell sharply in April and May, driven by a steep decline in shipments from China and Japan. Provisional government data reviewed by Reuters show imports during the first two months of the financial year fell 27.6 per cent year-on-year to 0.9 million metric tonnes.&nbsp;The decline follows New Delhi’s decision in April to impose a 12 per cent temporary tariff, known locally as a safeguard duty, aimed at stemming the surge in cheaper steel shipments, particularly from China.According to the data cited by Reuters, China’s finished steel exports to India fell 47.7 per cent year-on-year to 0.2 million metric tonnes over April and May. Japan saw an even sharper decline, with shipments dropping 65.6 per cent to 0.1 million metric tonnes during the same period.&nbsp;Despite the declines from China and Japan, South Korea emerged as India’s top finished steel exporter. Shipments from South Korea rose 8.2 per cent to 0.4 million metric tonnes, indicating a shift in sourcing patterns even as overall import volumes contracted.&nbsp;Imports from China, Japan and South Korea together accounted for 74.4 per cent of India’s total finished steel imports during April and May, the data showed. Hot-rolled coils or strips remained India’s largest import category.<h2>Exports also decline</h2>India was a net importer of finished steel during the period, as its own exports fell 18.1 per cent year-on-year to 0.8 million metric tonnes, Reuters reported.&nbsp;Galvanised plain or corrugated sheets or coils remained India’s top steel export products. Belgium was India’s largest export market for finished steel during the period, with shipments rising 12.4 per cent to 0.15 million metric tonnes. However, there were significant divergences among key markets. Exports to Italy slumped 53.7 per cent, while shipments to Nepal and Spain registered increases.<h2>Domestic demand and production rise</h2>Despite weaker imports and exports, India’s domestic steel demand remained resilient. Finished steel consumption in April-May rose 7.1 per cent year-on-year to 25.1 million metric tonnes. Meanwhile, crude steel production increased 9.5 per cent to 26.9 million metric tonnes, underlining the strength of India’s domestic production capacity.&nbsp;India is the world’s second-largest crude steel producer and has taken measures in recent years to protect its domestic industry from a flood of cheaper imports, particularly from China. The temporary safeguard duty introduced in April is the latest in a series of trade measures aimed at balancing import competition with the needs of India’s growing infrastructure and construction sectors.&nbsp;(With inputs from the agencies) &nbsp;

India finished steel imports fell sharply in April to May 2025 due to new safeguard duties, with imports from China and Japan plunging. Domestic demand rose 7.1% as production grew, highlighting India push to protect local industry.

India’s finished steel imports fell sharply in April and May, driven by a steep decline in shipments from China and Japan. Provisional government data reviewed by Reuters show imports during the first two months of the financial year fell 27.6 per cent year-on-year to 0.9 million metric tonnes. The decline follows New Delhi’s decision in April to impose a 12 per cent temporary tariff, known locally as a safeguard duty, aimed at stemming the surge in cheaper steel shipments, particularly from China. According to the data cited by Reuters, China’s finished steel exports to India fell 47.7 per cent year-on-year to 0.2 million metric tonnes over April and May. Japan saw an even sharper decline, with shipments dropping 65.6 per cent to 0.1 million metric tonnes during the same period. Despite the declines from China and Japan, South Korea emerged as India’s top finished steel exporter. Shipments from South Korea rose 8.2 per cent to 0.4 million metric tonnes, indicating a shift in sourcing patterns even as overall import volumes contracted. Imports from China, Japan and South Korea together accounted for 74.4 per cent of India’s total finished steel imports during April and May, the data showed. Hot-rolled coils or strips remained India’s largest import category. Exports also decline India was a net importer of finished steel during the period, as its own exports fell 18.1 per cent year-on-year to 0.8 million metric tonnes, Reuters reported. Galvanised plain or corrugated sheets or coils remained India’s top steel export products. Belgium was India’s largest export market for finished steel during the period, with shipments rising 12.4 per cent to 0.15 million metric tonnes. However, there were significant divergences among key markets. Exports to Italy slumped 53.7 per cent, while shipments to Nepal and Spain registered increases. Domestic demand and production rise Despite weaker imports and exports, India’s domestic steel demand remained resilient. Finished steel consumption in April-May rose 7.1 per cent year-on-year to 25.1 million metric tonnes. Meanwhile, crude steel production increased 9.5 per cent to 26.9 million metric tonnes, underlining the strength of India’s domestic production capacity. India is the world’s second-largest crude steel producer and has taken measures in recent years to protect its domestic industry from a flood of cheaper imports, particularly from China. The temporary safeguard duty introduced in April is the latest in a series of trade measures aimed at balancing import competition with the needs of India’s growing infrastructure and construction sectors. (With inputs from the agencies)

India’s finished steel imports dropped 27.6% in April–May as safeguard tariffs curbed Chinese and Japanese shipments, while domestic demand and production surged.

India’s steel imports drop sharply as China and Japan exports decline

China recently kicked off its first robot football tournament, in which three robots were assigned to each side. While AI might be after our jobs, sportspeople don't seem to be at risk of being replaced at all. Two of the six robots underwent so much strain at the tournament that they had to be carried off on stretchers. The robots were controlled by AI and just could not figure out, to save their lives, what they had to do. They barely moved, crashed into each other and fell over repeatedly. The ball was barely touched during the entire match. However, the man whose company provided the robots believes they will improve in the coming years, Global Times reported.Cheng Hao, founder of Booster Robotics, said that the robots have the skills of five to sis year old children. In fact, he believes that the robots could one day play against humans. However, with the amount of hitting and bumping and falls the robots experienced, the company would have to make them almost experts at the game before humans can take the field against them. Otherwise, it will be a carnage out there on the football field.&nbsp;

<blockquote class="twitter-tweet" data-media-max-width="560">A football tournament was held in China with robots. The robots were injured frequently and were carried away on stretchers🤖 <a href="https://t.co/76pKdo6XMM">pic.twitter.com/76pKdo6XMM</a>&mdash; Tansu Yegen (@TansuYegen) <a href="https://twitter.com/TansuYegen/status/1939630445471170898?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

&nbsp;<h2>China robot football tournament</h2>&nbsp;The ROBO league football tournament was organised in Beijing as a test game ahead of China's upcoming 2025 World Humanoid Games. Four teams of engineers participated and built AI strategies to make the robots shoot, pass and do other football-related acts. The tournament was won by THU Robotics from Tsinghua University, who defeated the Mountain Sea from China Agricultural University 5-3.The problem with the robots was "dynamic obstacle avoidance", which meant that despite only moving one metre per second, they could not figure out that the other player was also moving and crashed into them. Seeing what was happening on the field, the rules had to be altered to allow more "non-malicious collisions". The robots kept falling down. Sometimes they got back up on their own, while at other times people had to help them stand back up. At one point, two robots started to trample a fallen robot, and the referee had to physically hold them back.&nbsp;<h2>Sports and robots</h2>&nbsp;Sports have become a testbed for robots in China. Recently, a kickboxing match was organised between robots developed by Unitree Robotics as part of the China Media Group World Robot Competition. In another tournament, 21 robots competed in the Yizhuang half marathon alongside thousands of humans.&nbsp;

Robots had a 3 on 3 football match in China recently, and the results were disastrous. The robots crashed into each other, trampled a teammate and sustained so much damage that two of them had to be carried on a stretcher. 

China recently kicked off its first robot football tournament, in which three robots were assigned to each side. While AI might be after our jobs, sportspeople don't seem to be at risk of being replaced at all. Two of the six robots underwent so much strain at the tournament that they had to be carried off on stretchers. The robots were controlled by AI and just could not figure out, to save their lives, what they had to do. They barely moved, crashed into each other and fell over repeatedly. The ball was barely touched during the entire match. However, the man whose company provided the robots believes they will improve in the coming years, Global Times reported. Cheng Hao, founder of Booster Robotics, said that the robots have the skills of five to sis year old children. In fact, he believes that the robots could one day play against humans. However, with the amount of hitting and bumping and falls the robots experienced, the company would have to make them almost experts at the game before humans can take the field against them. Otherwise, it will be a carnage out there on the football field.

Robots had a 3 on 3 football match in China recently, and the results were disastrous. The robots crashed into each other, trampled a teammate and sustained so much damage that two of them had to be carried on a stretcher.&nbsp;

CRASH, TRAMPLE, REPEAT: Robots carried off on stretchers at ROBO football match in China

China has signalled its willingness to renegotiate trade terms with the United States, but on its own conditions. A senior Chinese delegate in Geneva told Reuters that Beijing is prepared to discuss tariffs, subsidies, and even some benefits linked to its developing country status at the World Trade Organization.&nbsp;This is a rare indication of flexibility from Beijing, which has long defended its trade privileges under WTO rules. The comments come as WTO members prepare for an ambitious reform agenda ahead of the next ministerial meeting in 2026 in Cameroon.<h2>US–China tensions spilling into Geneva</h2>The remarks follow months of intensifying trade tensions between Washington and Beijing. The tariffs imposed during President Donald Trump’s first term have largely remained in place, with his second administration introducing new duties this year targeting Chinese electric vehicles, semiconductors, and solar panels.&nbsp;China has retaliated with its own trade measures and disputes at the WTO. Yet, despite the rhetoric, Chinese officials in Geneva are striking a more pragmatic tone.&nbsp;According to Reuters, the delegate, who asked not to be named said China had “heard every word” spoken by the US at the WTO and is ready to engage on difficult issues, including industrial policy and tariff schedules.&nbsp;However, there is a clear red line.&nbsp;Beijing insists its developing country status is non-negotiable. That designation confers Special and Differential Treatment (SDT) under WTO rules, allowing more lenient subsidy limits and higher tariff ceilings. Yet the delegate indicated China might voluntarily forgo SDT benefits in some talks, just as it did recently on fisheries and domestic regulation reforms.<h2>US demands complete SDT rollback</h2>At the heart of the debate is Special and Differential Treatment (SDT), a WTO principle that gives developing countries additional flexibility in global trade rules. SDT lets them maintain higher tariff limits, use more subsidies, and enjoy longer timelines to implement WTO agreements.&nbsp;Beijing insists its developing country status is non-negotiable. That status automatically provides access to SDT benefits. However, the Chinese delegate suggested Beijing might voluntarily forgo SDT in specific negotiations, as it did recently on fisheries and domestic regulation reforms.&nbsp;The United States has pushed for a harder stance. Washington argues that major economies such as China and Saudi Arabia abuse the ‘developing country’ label to secure unfair trade advantages. US negotiators want countries like China to fully abandon SDT, not selectively give it up in certain areas.&nbsp;Keith M. Rockwell, former WTO spokesperson and now senior research fellow at the Hinrich Foundation, told Reuters he remains sceptical that China will go that far. In politically sensitive sectors such as agriculture, he doubts Beijing would willingly relinquish SDT privileges. China’s delegate nonetheless said the country is open to discussing subsidies, but only if talks are conducted in good faith. What Beijing will not accept, the official stressed, is any attempt to alter its state-led economic system.<h2>Tariff talks may begin under WTO’s Article 28</h2>Significantly, Beijing has also suggested it is ready to renegotiate tariffs under Article 28 of the WTO framework, a provision that allows members to modify tariff bindings under specific conditions.“We welcome the US to come back to the WTO,” the delegate told Reuters. “We are ready to renegotiate on Article 28 if the US raises their requests here.”&nbsp;That invitation follows what China described as “positive” trade discussions in Geneva and London. Yet despite warmer words, the fundamental tensions, from electric vehicle tariffs to technology sanctions, remain unresolved.&nbsp;As both sides talk about WTO reform, the real test will be whether these gestures of flexibility lead to genuine commitments at the negotiating table. (With inputs from the agencies)&nbsp;

China signals rare flexibility on WTO trade reforms, offering to discuss tariffs and subsidies, but insists its developing country status remains non-negotiable.

China has signalled its willingness to renegotiate trade terms with the United States, but on its own conditions. A senior Chinese delegate in Geneva told Reuters that Beijing is prepared to discuss tariffs, subsidies, and even some benefits linked to its developing country status at the World Trade Organization. This is a rare indication of flexibility from Beijing, which has long defended its trade privileges under WTO rules. The comments come as WTO members prepare for an ambitious reform agenda ahead of the next ministerial meeting in 2026 in Cameroon. US–China tensions spilling into Geneva The remarks follow months of intensifying trade tensions between Washington and Beijing. The tariffs imposed during President Donald Trump’s first term have largely remained in place, with his second administration introducing new duties this year targeting Chinese electric vehicles, semiconductors, and solar panels. China has retaliated with its own trade measures and disputes at the WTO. Yet, despite the rhetoric, Chinese officials in Geneva are striking a more pragmatic tone. According to Reuters, the delegate, who asked not to be named said China had “heard every word” spoken by the US at the WTO and is ready to engage on difficult issues, including industrial policy and tariff schedules. However, there is a clear red line. Beijing insists its developing country status is non-negotiable. That designation confers Special and Differential Treatment (SDT) under WTO rules, allowing more lenient subsidy limits and higher tariff ceilings. Yet the delegate indicated China might voluntarily forgo SDT benefits in some talks, just as it did recently on fisheries and domestic regulation reforms. US demands complete SDT rollback At the heart of the debate is Special and Differential Treatment (SDT), a WTO principle that gives developing countries additional flexibility in global trade rules. SDT lets them maintain higher tariff limits, use more subsidies, and enjoy longer timelines to implement WTO agreements. Beijing insists its developing country status is non-negotiable. That status automatically provides access to SDT benefits. However, the Chinese delegate suggested Beijing might voluntarily forgo SDT in specific negotiations, as it did recently on fisheries and domestic regulation reforms. The United States has pushed for a harder stance. Washington argues that major economies such as China and Saudi Arabia abuse the ‘developing country’ label to secure unfair trade advantages. US negotiators want countries like China to fully abandon SDT, not selectively give it up in certain areas. Keith M. Rockwell, former WTO spokesperson and now senior research fellow at the Hinrich Foundation, told Reuters he remains sceptical that China will go that far. In politically sensitive sectors such as agriculture, he doubts Beijing would willingly relinquish SDT privileges. China’s delegate nonetheless said the country is open to discussing subsidies, but only if talks are conducted in good faith. What Beijing will not accept, the official stressed, is any attempt to alter its state-led economic system. Tariff talks may begin under WTO’s Article 28 Significantly, Beijing has also suggested it is ready to renegotiate tariffs under Article 28 of the WTO framework, a provision that allows members to modify tariff bindings under specific conditions. “We welcome the US to come back to the WTO,” the delegate told Reuters. “We are ready to renegotiate on Article 28 if the US raises their requests here.” That invitation follows what China described as “positive” trade discussions in Geneva and London. Yet despite warmer words, the fundamental tensions, from electric vehicle tariffs to technology sanctions, remain unresolved. As both sides talk about WTO reform, the real test will be whether these gestures of flexibility lead to genuine commitments at the negotiating table. (With inputs from the agencies)

Amid renewed US–China trade tensions, Beijing shows openness to WTO tariff talks and selective SDT concessions, while firmly defending its developing nation status in global trade negotiations.

China says it’s ready to talk tariffs and subsidies with US at WTO

China has expanded the amount of money its approved institutional investors can deploy in foreign markets, marking the end of a 13-month freeze on new quotas. The move is seen as a signal that Beijing is gradually easing its tight grip on capital outflows as pressure on the yuan eases and domestic investment opportunities improve.<h2>Quota increase ends 13-month pause</h2>According to Bloomberg, the State Administration of Foreign Exchange (SAFE) raised the foreign-exchange quota for the Qualified Domestic Institutional Investor (QDII) scheme to US$170.9 billion at the end of June, up from US$167.8 billion previously.&nbsp;It is the first increase since May 2023, when authorities paused new quota allocations to stem capital flight during a period of severe downward pressure on the yuan and turmoil in China’s domestic markets.<h2>Easing currency pressures support the move</h2>Analysts suggest Beijing is more comfortable loosening controls now because depreciation pressure on the yuan has receded. The US dollar has weakened sharply in 2025, making outflows less of a threat to currency stability.&nbsp;Demand from Chinese investors for foreign assets, especially US stocks, has also cooled. The shift comes as Beijing’s stepped-up economic stimulus and a technology-driven rally in Hong Kong stocks have created fresh opportunities at home.<h2>More headroom for global investments</h2>The QDII programme allows qualified local institutional investors to buy overseas securities, bonds, and commodities within strict limits. The latest quota expansion gives Chinese firms greater flexibility to diversify portfolios and meet client demand for foreign assets.&nbsp;According to Bloomberg data, the increase breaks down as follows:<ul><li>US$2.1 billion in new quota for securities firms and fund houses</li><li>US$660 million for banks</li><li>US$300 million for insurance companies</li></ul><h2>ETF premiums cool as supply rises</h2>Demand for foreign assets has been so strong over the past two years that it pushed up prices of certain exchange-traded funds (ETFs) tracking international indices like the S&amp;P 500.&nbsp;Bloomberg reported that premiums on such ETFs averaged just 0.3 per cent on Monday, compared with a 52-week average of 1.6 per cent. Last year, premiums had spiked as high as 3 per cent, triggering trading halts and restrictions on new purchases.&nbsp;The added quota is expected to help smooth these market distortions by providing more supply to meet demand.<h2>Domestic markets show signs of revival</h2>Investor appetite for foreign assets has eased in part because of a turnaround in local markets. A rally driven by China’s Deepseek artificial-intelligence app, combined with stronger Hong Kong equities, has drawn money back onshore.&nbsp;Beijing’s economic stimulus measures have also boosted confidence in local equities, offering institutional investors more reasons to keep capital at home even as they gain new flexibility to look abroad.&nbsp;(With inputs from the agencies)

Beijing boosts outbound investment quotas under the QDII scheme to $170.9B, signaling looser capital controls amid a stabilising yuan and rising investor interest in domestic equities.

China has expanded the amount of money its approved institutional investors can deploy in foreign markets, marking the end of a 13-month freeze on new quotas. The move is seen as a signal that Beijing is gradually easing its tight grip on capital outflows as pressure on the yuan eases and domestic investment opportunities improve. Quota increase ends 13-month pause According to Bloomberg, the State Administration of Foreign Exchange (SAFE) raised the foreign-exchange quota for the Qualified Domestic Institutional Investor (QDII) scheme to US$170.9 billion at the end of June, up from US$167.8 billion previously. It is the first increase since May 2023, when authorities paused new quota allocations to stem capital flight during a period of severe downward pressure on the yuan and turmoil in China’s domestic markets. Easing currency pressures support the move Analysts suggest Beijing is more comfortable loosening controls now because depreciation pressure on the yuan has receded. The US dollar has weakened sharply in 2025, making outflows less of a threat to currency stability. Demand from Chinese investors for foreign assets, especially US stocks, has also cooled. The shift comes as Beijing’s stepped-up economic stimulus and a technology-driven rally in Hong Kong stocks have created fresh opportunities at home. More headroom for global investments The QDII programme allows qualified local institutional investors to buy overseas securities, bonds, and commodities within strict limits. The latest quota expansion gives Chinese firms greater flexibility to diversify portfolios and meet client demand for foreign assets. According to Bloomberg data, the increase breaks down as follows: US$2.1 billion in new quota for securities firms and fund houses US$660 million for banks US$300 million for insurance companies ETF premiums cool as supply rises Demand for foreign assets has been so strong over the past two years that it pushed up prices of certain exchange-traded funds (ETFs) tracking international indices like the S&P 500. Bloomberg reported that premiums on such ETFs averaged just 0.3 per cent on Monday, compared with a 52-week average of 1.6 per cent. Last year, premiums had spiked as high as 3 per cent, triggering trading halts and restrictions on new purchases. The added quota is expected to help smooth these market distortions by providing more supply to meet demand. Domestic markets show signs of revival Investor appetite for foreign assets has eased in part because of a turnaround in local markets. A rally driven by China’s Deepseek artificial-intelligence app, combined with stronger Hong Kong equities, has drawn money back onshore. Beijing’s economic stimulus measures have also boosted confidence in local equities, offering institutional investors more reasons to keep capital at home even as they gain new flexibility to look abroad. (With inputs from the agencies)

China has lifted its 13-month freeze on outbound investment quotas, expanding the QDII limit as yuan pressure eases and domestic markets recover.

China lifts foreign investment cap for first time since 2023

US President Donald Trump on Sunday (June 29) announced that a purchaser had been identified for social media app TikTok, which is on the brink of being banned in the United States because it is owned by a Chinese company, and vowed to reveal the buyer in two weeks.&nbsp;"We have a buyer for TikTok," US President Donald Trump was quoted saying in an interview on Fox's Sunday Morning Futures with Maria Bartiromo, adding that Chinese President Xi Jinping "will probably do it."&nbsp;Also Read: <a href="https://www.wionews.com/world/-pressure-on-the-aggressor-is-needed-zelensky-urges-us-support-after-russia-launches-biggest-aerial-attack-1751202156102">'Pressure on the aggressor is needed': Zelensky urges US support after Russia launches 'biggest aerial attack'</a>&nbsp;Earlier this month, US President Donald Trump said that he will grant TikTok another new 90-day reprieve to look for a non-Chinese buyer, the White House announced on Tuesday (Jun2 18), the third time he has deferred a threatened ban on the video-sharing app. A federal law mandating the sale or ban of TikTok on national security grounds was set to come into effect on the eve of Trump's inauguration in January.&nbsp;"President Trump will be issuing yet another Executive Order later this week to continue keeping TikTok operational. As he has stated numerous times, President Trump doesn't want TikTok to go dark," Press Secretary Karoline Leavitt said in a release. "This extension will be 90 days, during which the administration will be working to see this deal closed so the American people can continue to use TikTok knowing that their data is protected and secure."&nbsp;Trump, whose 2024 re-election campaign had been dependent on social media, previously stated he liked the video-sharing app. "I have a small warm place in my heart for TikTok," Trump told NBC News in an early May interview. "If it requires an extension, I'd be happy to extend it."

We have a buyer for TikTok says Trump withholds buyers name

US President Donald Trump on Sunday (June 29) announced that a purchaser had been identified for social media app TikTok, which is on the brink of being banned in the United States because it is owned by a Chinese company, and vowed to reveal the buyer in two weeks. "We have a buyer for TikTok," US President Donald Trump was quoted saying in an interview on Fox's Sunday Morning Futures with Maria Bartiromo, adding that Chinese President Xi Jinping "will probably do it." Also Read: 'Pressure on the aggressor is needed': Zelensky urges US support after Russia launches 'biggest aerial attack' Earlier this month, US President Donald Trump said that he will grant TikTok another new 90-day reprieve to look for a non-Chinese buyer, the White House announced on Tuesday (Jun2 18), the third time he has deferred a threatened ban on the video-sharing app. A federal law mandating the sale or ban of TikTok on national security grounds was set to come into effect on the eve of Trump's inauguration in January. "President Trump will be issuing yet another Executive Order later this week to continue keeping TikTok operational. As he has stated numerous times, President Trump doesn't want TikTok to go dark," Press Secretary Karoline Leavitt said in a release. "This extension will be 90 days, during which the administration will be working to see this deal closed so the American people can continue to use TikTok knowing that their data is protected and secure." Trump, whose 2024 re-election campaign had been dependent on social media, previously stated he liked the video-sharing app. "I have a small warm place in my heart for TikTok," Trump told NBC News in an early May interview. "If it requires an extension, I'd be happy to extend it."

The US president signed an executive order on June 19 to extend the deadline for TikTok's closure by another 90 days

'We have a buyer for TikTok', says Trump; withholds buyer’s name

Taiwan’s vice president, Hsiao Bi-khim, has responded defiantly after revelations that Chinese diplomats in Prague were involved in a plan to stage a car collision targeting her motorcade during an official visit last year. The plot was uncovered by Czech intelligence, who revealed that the March 2024 incident, initially believed to be a reckless traffic violation, was actually part of a wider covert operation run from the Chinese embassy in Prague.“I will not be intimidated. The CCP’s unlawful activities will NOT stop me from voicing Taiwan’s interests in the international community,” Hsiao posted on social media on Saturday.Also read: <a href="https://www.wionews.com/world/khamenei-left-out-of-iran-israel-ceasefire-report-claims-tehran-agreed-to-trump-s-offer-without-consulting-supreme-leader-1751113614134">Was Khamenei left out of Iran-Israel ceasefire? Report claims Tehran agreed to Trump's offer without consulting Supreme Leader</a><h2>Intelligence officials confirm details of the Chinese operation</h2>According to Czech media outlet Irozhlas, military intelligence officials have confirmed that Chinese diplomats and intelligence officers plotted a “demonstrative kinetic action” targeting Hsiao’s convoy, a term understood to mean staging a car crash.Petr Bartovský, the head of the Czech military intelligence service, said that a driver stopped by police during Hsiao’s visit was found to be following her vehicle closely. While that incident did not escalate, Czech authorities later discovered plans to confront the vice president more aggressively.Spokesperson Jan Pejšek confirmed the operation had reached an advanced planning stage but did not go beyond preparation. He said the actions of Chinese personnel in Prague “flagrantly breach the obligations arising from the Vienna Convention on diplomatic relations.”<h2>Taiwan demands apology, China hits back</h2>Taiwan’s Mainland Affairs Council condemned the reported plot as a “serious threat” to Hsiao and her security detail. The council called on China to issue an explanation and a formal apology.In response, Chinese foreign ministry spokesperson Guo Jiakun denied any wrongdoing and said Chinese diplomats always “observe the laws and regulations of host countries.” Guo criticised the Czech Republic for allowing Hsiao to visit, calling her a “diehard Taiwan independence separatist.”China considers Taiwan a breakaway province and routinely condemns any foreign interaction with the island’s elected leaders. Guo warned Prague not to “spread rumours” or damage bilateral relations by being “used by Taiwan independence forces.”<h2>China’s growing pressure on Taiwan abroad</h2>The Czech foreign ministry said it had summoned the Chinese ambassador over the incident at the time. Beijing has increasingly sought to isolate Taiwan diplomatically and has threatened severe consequences, including the death penalty, for officials it labels as separatists.

According to Czech media outlet Irozhlas, military intelligence officials have confirmed that Chinese diplomats and intelligence officers plotted a “demonstrative kinetic action” targeting Hsiao’s convoy, a term understood to mean staging a car crash.

Taiwan’s vice president, Hsiao Bi-khim, has responded defiantly after revelations that Chinese diplomats in Prague were involved in a plan to stage a car collision targeting her motorcade during an official visit last year. The plot was uncovered by Czech intelligence, who revealed that the March 2024 incident, initially believed to be a reckless traffic violation, was actually part of a wider covert operation run from the Chinese embassy in Prague. “I will not be intimidated. The CCP’s unlawful activities will NOT stop me from voicing Taiwan’s interests in the international community,” Hsiao posted on social media on Saturday. Also read: Was Khamenei left out of Iran-Israel ceasefire? Report claims Tehran agreed to Trump's offer without consulting Supreme Leader Intelligence officials confirm details of the Chinese operation According to Czech media outlet Irozhlas, military intelligence officials have confirmed that Chinese diplomats and intelligence officers plotted a “demonstrative kinetic action” targeting Hsiao’s convoy, a term understood to mean staging a car crash. Petr Bartovský, the head of the Czech military intelligence service, said that a driver stopped by police during Hsiao’s visit was found to be following her vehicle closely. While that incident did not escalate, Czech authorities later discovered plans to confront the vice president more aggressively. Spokesperson Jan Pejšek confirmed the operation had reached an advanced planning stage but did not go beyond preparation. He said the actions of Chinese personnel in Prague “flagrantly breach the obligations arising from the Vienna Convention on diplomatic relations.” Taiwan demands apology, China hits back Taiwan’s Mainland Affairs Council condemned the reported plot as a “serious threat” to Hsiao and her security detail. The council called on China to issue an explanation and a formal apology. In response, Chinese foreign ministry spokesperson Guo Jiakun denied any wrongdoing and said Chinese diplomats always “observe the laws and regulations of host countries.” Guo criticised the Czech Republic for allowing Hsiao to visit, calling her a “diehard Taiwan independence separatist.” China considers Taiwan a breakaway province and routinely condemns any foreign interaction with the island’s elected leaders. Guo warned Prague not to “spread rumours” or damage bilateral relations by being “used by Taiwan independence forces.” China’s growing pressure on Taiwan abroad The Czech foreign ministry said it had summoned the Chinese ambassador over the incident at the time. Beijing has increasingly sought to isolate Taiwan diplomatically and has threatened severe consequences, including the death penalty, for officials it labels as separatists.

According to Czech media outlet Irozhlas, military intelligence officials have confirmed that Chinese diplomats and intelligence officers plotted a “demonstrative kinetic action” targeting Hsiao’s convoy, a term understood to mean staging a car crash.

'CCP will NOT stop me': Did China try to crash Taiwan VP’s car? Czech intelligence uncovers shocking kill plot, Hsiao reacts

China has revealed a mosquito-like spy drone, built to fly quietly and secretly for dangerous missions. The tiny drone will be used for potential use in surveillance, cybercrime and even biowarfare, raising global concerns.The tiny drone cum spy cam was developed by China's National University of Defence Technology (NUDT) and was featured on CCTV7, China's official military channel.The state media published a video of the 0.6 cm drone, in which the scientists are seen holding up the mosquito-like robot which they say will perform a range of military and civilian activities.NUDT student Liang Hexiang held up the robot and said, “Here in my hand is a mosquito-like type of robot. Miniature bionic robots like this one are especially suited to information reconnaissance and special missions on the battlefield.”It looks like a harmless insect, but its features will shock anyone. The drone has two yellow, leaf-shaped wings, a sleek black body and three slender legs."If China is able to produce mosquito-sized drones, it would likely be interested in using them for various intelligence, surveillance and reconnaissance tasks, especially in places that larger drones struggle to access, such as indoor areas," Sam Bresnick, a research associate at Georgetown's Centre for Security and Emerging Technology told Telegraph."These drones could be used to track individuals or listen in on conversations," he said, reported Express US.The drone can be controlled by a smartphone and is part of NUDT's wider work in bio-inspired robotics, including human-like machines and insect-scale flyers.Reminds people of Black MirrorPeople have been comparing this shocking mosquito spy drone to an episode of the sci-fi show Black Mirror, in which robot bees were hijacked to kill people.According to experts, it might look like a harmless weapon but could become a dangerous thing.&nbsp; &nbsp;

The state media published a video of the 0.6 cm drone, in which the scientists are seen holding up the mosquito-like robot which they say will perform a range of military and civilian activities.

China has revealed a mosquito-like spy drone, built to fly quietly and secretly for dangerous missions. The tiny drone will be used for potential use in surveillance, cybercrime and even biowarfare, raising global concerns. The tiny drone cum spy cam was developed by China's National University of Defence Technology (NUDT) and was featured on CCTV7, China's official military channel. The state media published a video of the 0.6 cm drone, in which the scientists are seen holding up the mosquito-like robot which they say will perform a range of military and civilian activities. NUDT student Liang Hexiang held up the robot and said, “Here in my hand is a mosquito-like type of robot. Miniature bionic robots like this one are especially suited to information reconnaissance and special missions on the battlefield.” It looks like a harmless insect, but its features will shock anyone. The drone has two yellow, leaf-shaped wings, a sleek black body and three slender legs. "If China is able to produce mosquito-sized drones, it would likely be interested in using them for various intelligence, surveillance and reconnaissance tasks, especially in places that larger drones struggle to access, such as indoor areas," Sam Bresnick, a research associate at Georgetown's Centre for Security and Emerging Technology told Telegraph. "These drones could be used to track individuals or listen in on conversations," he said, reported Express US. The drone can be controlled by a smartphone and is part of NUDT's wider work in bio-inspired robotics, including human-like machines and insect-scale flyers. Reminds people of Black Mirror People have been comparing this shocking mosquito spy drone to an episode of the sci-fi show Black Mirror, in which robot bees were hijacked to kill people. According to experts, it might look like a harmless weapon but could become a dangerous thing.

The state media published a video of the 0.6 cm drone, in which the scientists are seen holding up the mosquito-like robot which they say will perform a range of military and civilian activities.

Mosquito sized spy drone? China REVEALS dangerous microdrone for special covert missions

Surprise pregnancies aren't unusual. But a woman in China discovered she was pregnant only an hour before she gave birth. After experiencing stomach pain, she decided to visit a doctor, assuming it was because of overeating. However, she was shocked when she was told she was pregnant and gave birth to a baby boy soon after. The woman says she had not experienced the usual symptoms associated with pregnancy. She did miss her periods, but didn't think it to be a big deal since she says they were normally irregular.The woman, identified as Li, lives in Ezhou, Hubei province. Jimu News reported that the incident unfolded on June 16. Li had lunch and started experiencing discomfort. She assumed it to be a result of overeating and decided to ride it out. However, when it failed to subside, she decided to ride her electric bike to the hospital alone in the afternoon at 2 pm.The doctors ran an ultrasound, and by this time, her pain had increased. She also started having regular uterine contractions, and her amniotic fluid broke. Unaware of her pregnancy, Li was shocked by what was happening. &nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/trending/man-survives-52-years-with-toothbrush-in-intestine-he-forgot-he-swallowed-as-a-kid-1750763690198">Man spends 52 years with toothbrush he swallowed as a kid stuck in intestine</a>&nbsp;“When the doctors told me I was pregnant, I was completely perplexed," the publication reported her as saying. Meanwhile, the doctors roped in an obstetrics team. Li delivered a baby boy at 3:22 pm. Li was later transferred to a municipal health centre for further observation.&nbsp;<h2>Li missed her periods, gained weight, but didn't think she was pregnant</h2>&nbsp;Li admitted that she had missed her periods, although, since they had been irregular most of the time, she didn't take it seriously. Except this time, it turned out that she was pregnant. She had also gained weight, but never experienced any nausea or other pregnancy symptoms. "There was no morning sickness, which I had in my first pregnancy," she said. Li and her husband have a six-year-old son and hadn't planned to have any more children. She says they were sure about it and had been careful with contraceptives.Li is thankful that the baby is healthy despite the fact that she continued to ride her electric bike for the entire duration of the surprise pregnancy. Her husband was in another city at the time, and returned after he was informed about the new member of his family.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;

The woman did not experience any pregnancy symptoms. She drove her electric bike the entire time, unaware of the pregnancy. A heavy lunch led her to the hospital, where she delivered the surprise baby soon after.

Surprise pregnancies aren't unusual. But a woman in China discovered she was pregnant only an hour before she gave birth. After experiencing stomach pain, she decided to visit a doctor, assuming it was because of overeating. However, she was shocked when she was told she was pregnant and gave birth to a baby boy soon after. The woman says she had not experienced the usual symptoms associated with pregnancy. She did miss her periods, but didn't think it to be a big deal since she says they were normally irregular. The woman, identified as Li, lives in Ezhou, Hubei province. Jimu News reported that the incident unfolded on June 16. Li had lunch and started experiencing discomfort. She assumed it to be a result of overeating and decided to ride it out. However, when it failed to subside, she decided to ride her electric bike to the hospital alone in the afternoon at 2 pm. The doctors ran an ultrasound, and by this time, her pain had increased. She also started having regular uterine contractions, and her amniotic fluid broke. Unaware of her pregnancy, Li was shocked by what was happening. Also Read: Man spends 52 years with toothbrush he swallowed as a kid stuck in intestine “When the doctors told me I was pregnant, I was completely perplexed," the publication reported her as saying. Meanwhile, the doctors roped in an obstetrics team. Li delivered a baby boy at 3:22 pm. Li was later transferred to a municipal health centre for further observation. Li missed her periods, gained weight, but didn't think she was pregnant Li admitted that she had missed her periods, although, since they had been irregular most of the time, she didn't take it seriously. Except this time, it turned out that she was pregnant. She had also gained weight, but never experienced any nausea or other pregnancy symptoms. "There was no morning sickness, which I had in my first pregnancy," she said. Li and her husband have a six-year-old son and hadn't planned to have any more children. She says they were sure about it and had been careful with contraceptives. Li is thankful that the baby is healthy despite the fact that she continued to ride her electric bike for the entire duration of the surprise pregnancy. Her husband was in another city at the time, and returned after he was informed about the new member of his family.

The woman did not experience any pregnancy symptoms. She drove her electric bike the entire time, unaware of the pregnancy. A heavy lunch led her to the hospital, where she delivered the surprise baby soon after.

Unaware about pregnancy, Chinese woman reaches hospital with stomach pain, delivers baby an hour later

Delhi University is at the centre of controversy again, as the Standing Committee on Academic Matters has dropped several proposed postgraduate papers in Political Science and Sociology, claiming to remove unnecessary glorification of Pakistan. However, this has drawn a significant backlash from the academic community, especially faculty members, with accusations of ideological interference and erosion of academic freedom.&nbsp;Among the papers scrapped for revisions were “Pakistan and the World”, “China’s Role in the Contemporary World”, “Islam and International Relations”, “Religious Nationalism and Political Violence”, and one on corporate scams. A chapter on the Muharram procession in Mumbai was also replaced; these are done in the guise of reducing glorification of Pakistan in the wake of the Pahlgham attack. The committee has directed the department to revise and resubmit the syllabus with an India-centric approach by July 1.The Vice Chancellor has reportedly emphasised the need to remove content that glorifies countries like Pakistan and China or focuses “disproportionately” on Islam. However, faculty members argue that this might result in a narrow world-view and limited understanding of geopolitics. &nbsp;"It is imperative to study Pakistan in detail because, pedagogically, we need to train our students and foster scholarship on Pakistan, as it remains one of India's constant foreign policy challenges," said Dr Monami Sinha, member of the Standing Committee.&nbsp;The committee is poised to remove broad focus topics such as “India-Pakistan Relations”, “India-China Strategic Dynamics”, and “Comparative Religion”. Many critical members of the faculty argue that the education system is cultivating homogeneity and conformity, and &nbsp;feel alarmed about the severe ideological policing. This will significantly reduce the appetite for critical enquiry, which has already been dumbed down by the shallow mainstream media and consumption of below-average content on social media. The University is slowly becoming a site of struggle for narrative and ideological manipulation. As the battle strengthens, the DU is stuck between what should be the purpose of higher education, promoting critical thinking, or becoming a shadow of national priorities.&nbsp;

Delhi University faces backlash from faculty members over decisions to replace papers on Pakistan and the world, China’s role in the contemporary world, Islam and international relations, religious nationalism and political violence.

Delhi University is at the centre of controversy again, as the Standing Committee on Academic Matters has dropped several proposed postgraduate papers in Political Science and Sociology, claiming to remove unnecessary glorification of Pakistan. However, this has drawn a significant backlash from the academic community, especially faculty members, with accusations of ideological interference and erosion of academic freedom. Among the papers scrapped for revisions were “Pakistan and the World”, “China’s Role in the Contemporary World”, “Islam and International Relations”, “Religious Nationalism and Political Violence”, and one on corporate scams. A chapter on the Muharram procession in Mumbai was also replaced; these are done in the guise of reducing glorification of Pakistan in the wake of the Pahlgham attack. The committee has directed the department to revise and resubmit the syllabus with an India-centric approach by July 1. The Vice Chancellor has reportedly emphasised the need to remove content that glorifies countries like Pakistan and China or focuses “disproportionately” on Islam. However, faculty members argue that this might result in a narrow world-view and limited understanding of geopolitics. "It is imperative to study Pakistan in detail because, pedagogically, we need to train our students and foster scholarship on Pakistan, as it remains one of India's constant foreign policy challenges," said Dr Monami Sinha, member of the Standing Committee. The committee is poised to remove broad focus topics such as “India-Pakistan Relations”, “India-China Strategic Dynamics”, and “Comparative Religion”. Many critical members of the faculty argue that the education system is cultivating homogeneity and conformity, and feel alarmed about the severe ideological policing. This will significantly reduce the appetite for critical enquiry, which has already been dumbed down by the shallow mainstream media and consumption of below-average content on social media. The University is slowly becoming a site of struggle for narrative and ideological manipulation. As the battle strengthens, the DU is stuck between what should be the purpose of higher education, promoting critical thinking, or becoming a shadow of national priorities.

Delhi University faces backlash from faculty members over decisions to replace papers on Pakistan and the world, China’s role in the contemporary world, Islam and international relations, religious nationalism and political violence.

Delhi university syllabus controversy: Pakistan, China, Islam, and political violence to be dropped

Chinese oil refiners, both state-owned and independent are slowing their crude purchases, particularly from sanctioned suppliers like Iran and Russia, as domestic fuel demand stagnates and profit margins shrink.&nbsp;According to a report by Bloomberg, refiners from the world’s largest crude-importing nation have stepped back from the spot market, with independent processors known as “teapots” reducing intake due to lower refining profits and volatile global oil prices. The slowdown comes amid a broader backdrop of macroeconomic softness in China, where fuel price adjustments by regulators occur only once every 10 working days, delaying the industry’s ability to respond to sharp global price fluctuations.<h2>Refining profits fall to multi-month lows</h2>Margins for teapot refiners have now fallen to their lowest levels in nearly three months, as per data from industry consultant JLC Ltd, quoted by Bloomberg. While state-run refiners still operate at relatively higher margins, their profitability is also trending downward.&nbsp;Independent Refiner Profit Margins – 2025According to JLC data:<ul><li>Margins peaked in Q1</li><li>Fell steadily through April and May</li><li>Dropped below 100 yuan per tonne in June — a nearly 3-month low</li></ul>&nbsp;This financial squeeze is prompting refiners to cut back purchases of discounted grades like Iranian Light and Russian ESPO crude, even as geopolitical risk premiums keep global oil prices volatile.<h2>Floating oil stockpiles rise in Asia</h2>Signs of sluggish Chinese demand are also evident offshore. As of Sunday, 33.9 million barrels of Iranian crude were held in floating storage, the highest since December 2023, according to data from Kpler Ltd, as reported by Bloomberg.&nbsp;At the same time, floating crude volumes in the Malacca and Singapore Straits, key ship-to-ship transfer points have doubled in the past two weeks to 13.3 million barrels, another indication of low refinery drawdown.<h2>Iranian oil discounts widen as demand dips</h2>With Chinese refiners pulling back, sellers of Iranian crude have been forced to offer deeper discounts. According to market participants cited by Bloomberg, barrels from Iran are now trading at around $3 per barrel below Brent, with some offers dipping even lower.&nbsp;Meanwhile, Russian oil, which had already seen price corrections earlier this year remained steady at around $2 per barrel above Brent, showing less pricing flexibility compared to Iran’s deeply discounted supply.<h2>A pause or a pivot?</h2>The cutback in Chinese spot crude buying comes at a critical time for global oil markets, which have been rattled by Middle East tensions, particularly in the Strait of Hormuz and Red Sea. However, analysts believe the current slowdown may be temporary and tied more to refining economics than long-term demand destruction.&nbsp;If China’s domestic fuel consumption recovers in the second half of the year, buying could resume but for now, excess stockpiles and falling margins have left teapots and majors alike on the&nbsp;sidelines. (With inputs from the agencies)&nbsp;

Spot market activity has decreased, with teapot refiners particularly affected. Refining profits have hit multi-month lows, prompting cuts in discounted crude intake. 

Chinese oil refiners, both state-owned and independent are slowing their crude purchases, particularly from sanctioned suppliers like Iran and Russia, as domestic fuel demand stagnates and profit margins shrink. According to a report by Bloomberg, refiners from the world’s largest crude-importing nation have stepped back from the spot market, with independent processors known as “teapots” reducing intake due to lower refining profits and volatile global oil prices. The slowdown comes amid a broader backdrop of macroeconomic softness in China, where fuel price adjustments by regulators occur only once every 10 working days, delaying the industry’s ability to respond to sharp global price fluctuations. Refining profits fall to multi-month lows Margins for teapot refiners have now fallen to their lowest levels in nearly three months, as per data from industry consultant JLC Ltd, quoted by Bloomberg. While state-run refiners still operate at relatively higher margins, their profitability is also trending downward. Independent Refiner Profit Margins – 2025 According to JLC data: Margins peaked in Q1 Fell steadily through April and May Dropped below 100 yuan per tonne in June — a nearly 3-month low This financial squeeze is prompting refiners to cut back purchases of discounted grades like Iranian Light and Russian ESPO crude, even as geopolitical risk premiums keep global oil prices volatile. Floating oil stockpiles rise in Asia Signs of sluggish Chinese demand are also evident offshore. As of Sunday, 33.9 million barrels of Iranian crude were held in floating storage, the highest since December 2023, according to data from Kpler Ltd, as reported by Bloomberg. At the same time, floating crude volumes in the Malacca and Singapore Straits, key ship-to-ship transfer points have doubled in the past two weeks to 13.3 million barrels, another indication of low refinery drawdown. Iranian oil discounts widen as demand dips With Chinese refiners pulling back, sellers of Iranian crude have been forced to offer deeper discounts. According to market participants cited by Bloomberg, barrels from Iran are now trading at around $3 per barrel below Brent, with some offers dipping even lower. Meanwhile, Russian oil, which had already seen price corrections earlier this year remained steady at around $2 per barrel above Brent, showing less pricing flexibility compared to Iran’s deeply discounted supply. A pause or a pivot? The cutback in Chinese spot crude buying comes at a critical time for global oil markets, which have been rattled by Middle East tensions, particularly in the Strait of Hormuz and Red Sea. However, analysts believe the current slowdown may be temporary and tied more to refining economics than long-term demand destruction. If China’s domestic fuel consumption recovers in the second half of the year, buying could resume but for now, excess stockpiles and falling margins have left teapots and majors alike on the sidelines. (With inputs from the agencies)

&nbsp;Chinese oil refiners, both state-owned and independent, are reducing crude purchases, especially from sanctioned suppliers like Iran and Russia, due to stagnant domestic fuel demand and shrinking profit margins.

China’s oil refiners cut back on crude purchases as weak demand hits margins

China’s former counterterrorism commissioner, Liu Yuejin, was sentenced to death with a two-year reprieve over corruption charges on Monday (Jun 23) by the Fuzhou Intermediate People’s Court in the southeastern province of Fujian. The court also ordered the confiscation of Liu’s personal assets after he was found guilty of taking over 121 million yuan ($16.83 million) in bribes. His illegal gains will be turned over to the state. According to state broadcaster CCTV, the court said that Liu used his various positions, between 1992 and 2020, to help individuals and departments in their business operations in exchange for illegal payments.&nbsp;“The amount of bribes was extremely large and the interest of the state and the people suffered an extremely serious loss,” the court said. It added that it showed leniency because Liu admitted to his guilt, showed repentance, and “actively returned the money taken”.According to Chinese law, if a convicted person sentenced to death does not commit a crime during their reprieve period, their sentence could be reduced to life imprisonment. If the person makes “significant contributions” like reporting or preventing a crime, their sentence will be reduced to 25 years.&nbsp;<h2>Who is Liu Yuejin?</h2>&nbsp;A member of the 13th National Committee of the Chinese People's Political Consultative Conference, Lui has served as the head of the Ministry of Public Security's narcotics control bureau. Chinese authorities have claimed that he abused his position and took bribes of more than 121 million yuan ($16.83 million).&nbsp;In March 2024, Liu was placed under investigation, four years after he stepped down as the first counterterrorism commissioner of the country at the vice ministerial level. In September, he was formally charged with “disloyalty to the Party,” resisting investigation, illegally retaining classified documents, abuse of power, and bribery. Liu was also expelled from the Chinese Communist Party (CCP), marking the end of his political career.&nbsp;Liu’s exit is seen as a broader effort by CCP leader Xi Jinping to expel subordinates of former Chinese security chief Meng Jianzhu, who fell from power during a 2018 anti-corruption campaign. A close ally of Meng, Liu was promoted to director of the Narcotics Control Bureau in 2010 when Meng served as Minister of Public Security.&nbsp;In 2011, Liu led a high-profile crackdown on a drug trafficking gang that killed 13 Chinese sailors on the Mekong River, a case that became a highlight of his career within the security apparatus. In 2016, Liu served as a chief consultant for the film “Operation Mekong,” an action thriller that glorifies the Chinese regime’s police force, which was sponsored by the Ministry of Public Security. Liu was appointed the counterterrorism czar in 2015. &nbsp;

The court also ordered the confiscation of Liu’s personal assets after he was found guilty of taking over 121 million yuan ($16.83 million) in bribes. His illegal gains will be turned over to the state.

China’s former counterterrorism commissioner, Liu Yuejin, was sentenced to death with a two-year reprieve over corruption charges on Monday (Jun 23) by the Fuzhou Intermediate People’s Court in the southeastern province of Fujian. The court also ordered the confiscation of Liu’s personal assets after he was found guilty of taking over 121 million yuan ($16.83 million) in bribes. His illegal gains will be turned over to the state. According to state broadcaster CCTV, the court said that Liu used his various positions, between 1992 and 2020, to help individuals and departments in their business operations in exchange for illegal payments. “The amount of bribes was extremely large and the interest of the state and the people suffered an extremely serious loss,” the court said. It added that it showed leniency because Liu admitted to his guilt, showed repentance, and “actively returned the money taken”. According to Chinese law, if a convicted person sentenced to death does not commit a crime during their reprieve period, their sentence could be reduced to life imprisonment. If the person makes “significant contributions” like reporting or preventing a crime, their sentence will be reduced to 25 years. Who is Liu Yuejin? A member of the 13th National Committee of the Chinese People's Political Consultative Conference, Lui has served as the head of the Ministry of Public Security's narcotics control bureau. Chinese authorities have claimed that he abused his position and took bribes of more than 121 million yuan ($16.83 million). In March 2024, Liu was placed under investigation, four years after he stepped down as the first counterterrorism commissioner of the country at the vice ministerial level. In September, he was formally charged with “disloyalty to the Party,” resisting investigation, illegally retaining classified documents, abuse of power, and bribery. Liu was also expelled from the Chinese Communist Party (CCP), marking the end of his political career. Liu’s exit is seen as a broader effort by CCP leader Xi Jinping to expel subordinates of former Chinese security chief Meng Jianzhu, who fell from power during a 2018 anti-corruption campaign. A close ally of Meng, Liu was promoted to director of the Narcotics Control Bureau in 2010 when Meng served as Minister of Public Security. In 2011, Liu led a high-profile crackdown on a drug trafficking gang that killed 13 Chinese sailors on the Mekong River, a case that became a highlight of his career within the security apparatus. In 2016, Liu served as a chief consultant for the film “Operation Mekong,” an action thriller that glorifies the Chinese regime’s police force, which was sponsored by the Ministry of Public Security. Liu was appointed the counterterrorism czar in 2015.

The court also ordered the confiscation of Liu’s personal assets after he was found guilty of taking over 121 million yuan ($16.83 million) in bribes. His illegal gains will be turned over to the state.

Who is Liu Yuejin? China’s former counterterror chief sentenced to death for bribery

Beijing’s grip on critical minerals is tightening and the global tech and defence sectors are feeling the heat.&nbsp;China’s exports of rare earth permanent magnets plunged by 52.9 per cent in May compared to April, sinking to their lowest monthly level in over five years, according to official data released by the General Administration of Customs, as reported by Reuters.&nbsp;Shipments dropped to just 1,238 metric tons, marking not only a month-on-month crash but also a 74 per cent slump compared to the same period last year. The data underscores the growing global impact of China’s stricter export curbs on these strategic materials.<h2>What’s driving the export plunge?</h2>The sharp drop follows Beijing’s move in early April to tighten export controls on seven types of medium-to-heavy rare earth compounds and select magnet products. China, which produces over 90 per cent of the world’s rare earth magnets, cited national security and supply chain stability as the rationale behind the new rules.&nbsp;Industry insiders told Reuters that Chinese customs officials have become increasingly cautious in approving outbound shipments, especially magnets, a product category that contains various chemical compositions but is grouped under a single export code. This ambiguity, combined with tighter screening, has created bottlenecks.<h2>Global impact on high-tech industries</h2>Rare earth magnets are crucial components in electric vehicles, wind turbines, smartphones, aerospace systems, and military equipment. The sharp decline in Chinese exports is now reverberating across global supply chains, raising concerns for manufacturers dependent on steady flows of these materials.&nbsp;Even lower-performance magnets used in household appliances and consumer electronics are reportedly being held up at customs, due to confusion over the applicability of the new curbs, sources told Reuters.<h2>Beijing promises approvals but offers few details</h2>China’s commerce ministry said on Thursday that it had approved “a certain number” of export licence applications. However, no breakdown or figures were provided.&nbsp;Two major Chinese producers — JL MAG Rare-Earth and Innuovo Technology — recently confirmed that they had secured export permits for a limited number of clients, offering a glimmer of hope for some buyers, though broader supply disruptions persist.&nbsp;Between January and May 2025, China’s total exports of rare earth magnets dropped 14.5 per cent year-on-year to 19,132 tons, the lowest for the period since 2021, as per Reuters.<h2>A strategic lever in trade diplomacy</h2>The rare earth export slowdown comes even as US-China trade tensions show tentative signs of easing. Earlier this month, Beijing pledged to accelerate the export approval process, a signal of goodwill following recent diplomatic engagement with Washington.&nbsp;Still, the sharp drop in May suggests that policy implementation on the ground remains tight, and global industries may face months of turbulence ahead.&nbsp;With the world’s clean energy and defence ambitions increasingly tied to rare earth availability, China’s export chokehold is quickly becoming one of the key fault lines in global trade and technology geopolitics.&nbsp;(With inputs from the agencies)

This decline follows Beijing tightened export controls citing national security. Industry bottlenecks have arisen from stricter customs approvals. 

Beijing’s grip on critical minerals is tightening and the global tech and defence sectors are feeling the heat. China’s exports of rare earth permanent magnets plunged by 52.9 per cent in May compared to April, sinking to their lowest monthly level in over five years, according to official data released by the General Administration of Customs, as reported by Reuters. Shipments dropped to just 1,238 metric tons, marking not only a month-on-month crash but also a 74 per cent slump compared to the same period last year. The data underscores the growing global impact of China’s stricter export curbs on these strategic materials. What’s driving the export plunge? The sharp drop follows Beijing’s move in early April to tighten export controls on seven types of medium-to-heavy rare earth compounds and select magnet products. China, which produces over 90 per cent of the world’s rare earth magnets, cited national security and supply chain stability as the rationale behind the new rules. Industry insiders told Reuters that Chinese customs officials have become increasingly cautious in approving outbound shipments, especially magnets, a product category that contains various chemical compositions but is grouped under a single export code. This ambiguity, combined with tighter screening, has created bottlenecks. Global impact on high-tech industries Rare earth magnets are crucial components in electric vehicles, wind turbines, smartphones, aerospace systems, and military equipment. The sharp decline in Chinese exports is now reverberating across global supply chains, raising concerns for manufacturers dependent on steady flows of these materials. Even lower-performance magnets used in household appliances and consumer electronics are reportedly being held up at customs, due to confusion over the applicability of the new curbs, sources told Reuters. Beijing promises approvals but offers few details China’s commerce ministry said on Thursday that it had approved “a certain number” of export licence applications. However, no breakdown or figures were provided. Two major Chinese producers — JL MAG Rare-Earth and Innuovo Technology — recently confirmed that they had secured export permits for a limited number of clients, offering a glimmer of hope for some buyers, though broader supply disruptions persist. Between January and May 2025, China’s total exports of rare earth magnets dropped 14.5 per cent year-on-year to 19,132 tons, the lowest for the period since 2021, as per Reuters. A strategic lever in trade diplomacy The rare earth export slowdown comes even as US-China trade tensions show tentative signs of easing. Earlier this month, Beijing pledged to accelerate the export approval process, a signal of goodwill following recent diplomatic engagement with Washington. Still, the sharp drop in May suggests that policy implementation on the ground remains tight, and global industries may face months of turbulence ahead. With the world’s clean energy and defence ambitions increasingly tied to rare earth availability, China’s export chokehold is quickly becoming one of the key fault lines in global trade and technology geopolitics. (With inputs from the agencies)

China's exports of rare earth permanent magnets fell sharply by 52.9% in May, marking a five-year low at 1,238 metric tons, down 74% from the previous year.

China tightens grip on rare earths as magnet exports drop 53% in May

Three Chinese bitcoin mining hardware giants—Bitmain, Canaan, and MicroBT—are establishing manufacturing operations in the United States as a strategic response to escalating US-China trade tensions and rising national security concerns in the US.&nbsp;This transformation marks a significant realignment of the cryptocurrency mining supply chain, one that could reshape the future of global crypto infrastructure.Bitmain, Canaan, and MicroBT collectively control more than 90 per cent of the global bitcoin mining hardware market. According to Frost &amp; Sullivan, the combined market share by computing power sold of the three firms has reached 95.4 per cent as of December 2023.&nbsp;Despite China’s 2021 ban on domestic crypto activity, these manufacturers maintained global dominance by focusing on high-performance chips tailor-made for mining.Canaan has taken steps to distance itself from Chinese oversight, relocating its headquarters to Singapore and reporting that 40 per cent of its 2024 revenue came from the US. Canaan’s VP Leo Wang explained that the US move was about both avoiding tariffs and reducing customer costs, but heavy investment was being held back due to the unpredictability of trade policy.<h2>US tariffs reshape crypto supply chains</h2>The shift began after President Donald Trump, during his second term, imposed sweeping tariffs under his “Liberation Day” trade policy. The administration introduced a 30 per cent import duty on high-tech equipment, including bitcoin mining hardware, with an added 20 per cent on Chinese-origin imports.To remain competitive in the lucrative US market, where more than 30 per cent of global bitcoin mining occurs, Chinese manufacturers are now moving production to American soil.&nbsp;Bitmain, the largest mining hardware maker by sales, began US manufacturing in December 2024. Canaan followed in early 2025, launching pilot production lines in response to volatile tariff policies. MicroBT also announced a localisation strategy to avoid tariffs and get closer to its US customer base.Reuters reported that Guang Yang, chief technology officer at Conflux Network, said, “The US-China trade war is triggering structural, not superficial, changes in bitcoin’s supply chains. This is a long-term shift.”<h2>Security concerns persist despite US production</h2>While manufacturing in the US may mitigate tariff impacts, it hasn’t solved the problems as national security concerns persist. Reuters reported that Sanjay Gupta, chief strategy officer at US-based Auradine (a domestic rival backed by Marathon Digital or MARA), warned that Chinese-made mining rigs pose cybersecurity and infrastructure risks.“Hundreds of thousands of these rigs are now connected to the US electrical grid,” said Gupta. “It’s not just an economic dependency; it’s a strategic vulnerability.”Bitmain is already feeling the regulatory pinch. Its AI-focused subsidiary, Sophgo, was recently added to the US Entity List, effectively banning it from accessing US technologies. While Sophgo is not directly tied to bitcoin mining, the designation underscores the broader suspicion US authorities have toward Chinese tech firms.MicroBT and Canaan, meanwhile, are cautiously exploring US partnerships with data centres and energy providers while avoiding drawing undue regulatory attention.&nbsp;Industry insiders warn that further scrutiny could expand to mining hardware manufacturers as part of a broader decoupling in tech infrastructure between the two nations.<h2>A billion-dollar industry at a crossroads</h2>The bitcoin mining hardware sector is projected to grow to $12 billion by 2028, making the battle over supply chains a high-stakes commercial struggle. As mining becomes more energy-intensive and reliant on specialised chips, the question of who controls the upstream hardware becomes increasingly critical.This wave of Chinese firms relocating operations to the US is about more than tariffs; it represents a strategic realignment driven by economic, technological, and geopolitical forces.&nbsp;As America pushes to assert technological independence in critical sectors, Chinese hardware makers are repositioning themselves to stay relevant.The next few years will reveal whether the US can create a homegrown alternative to Chinese dominance or whether Chinese firms, through strategic localisation, will remain the major players in the backbone of bitcoin mining.&nbsp;(With inputs from agencies)

Bitmain, Canaan, and MicroBT are restructuring global supply chains as crypto mining meets geopolitics.

Three Chinese bitcoin mining hardware giants—Bitmain, Canaan, and MicroBT—are establishing manufacturing operations in the United States as a strategic response to escalating US-China trade tensions and rising national security concerns in the US. This transformation marks a significant realignment of the cryptocurrency mining supply chain, one that could reshape the future of global crypto infrastructure. Bitmain, Canaan, and MicroBT collectively control more than 90 per cent of the global bitcoin mining hardware market. According to Frost & Sullivan, the combined market share by computing power sold of the three firms has reached 95.4 per cent as of December 2023. Despite China’s 2021 ban on domestic crypto activity, these manufacturers maintained global dominance by focusing on high-performance chips tailor-made for mining. Canaan has taken steps to distance itself from Chinese oversight, relocating its headquarters to Singapore and reporting that 40 per cent of its 2024 revenue came from the US. Canaan’s VP Leo Wang explained that the US move was about both avoiding tariffs and reducing customer costs, but heavy investment was being held back due to the unpredictability of trade policy. US tariffs reshape crypto supply chains The shift began after President Donald Trump, during his second term, imposed sweeping tariffs under his “Liberation Day” trade policy. The administration introduced a 30 per cent import duty on high-tech equipment, including bitcoin mining hardware, with an added 20 per cent on Chinese-origin imports. To remain competitive in the lucrative US market, where more than 30 per cent of global bitcoin mining occurs, Chinese manufacturers are now moving production to American soil. Bitmain, the largest mining hardware maker by sales, began US manufacturing in December 2024. Canaan followed in early 2025, launching pilot production lines in response to volatile tariff policies. MicroBT also announced a localisation strategy to avoid tariffs and get closer to its US customer base. Reuters reported that Guang Yang, chief technology officer at Conflux Network, said, “The US-China trade war is triggering structural, not superficial, changes in bitcoin’s supply chains. This is a long-term shift.” Security concerns persist despite US production While manufacturing in the US may mitigate tariff impacts, it hasn’t solved the problems as national security concerns persist. Reuters reported that Sanjay Gupta, chief strategy officer at US-based Auradine (a domestic rival backed by Marathon Digital or MARA), warned that Chinese-made mining rigs pose cybersecurity and infrastructure risks. “Hundreds of thousands of these rigs are now connected to the US electrical grid,” said Gupta. “It’s not just an economic dependency; it’s a strategic vulnerability.” Bitmain is already feeling the regulatory pinch. Its AI-focused subsidiary, Sophgo, was recently added to the US Entity List, effectively banning it from accessing US technologies. While Sophgo is not directly tied to bitcoin mining, the designation underscores the broader suspicion US authorities have toward Chinese tech firms. MicroBT and Canaan, meanwhile, are cautiously exploring US partnerships with data centres and energy providers while avoiding drawing undue regulatory attention. Industry insiders warn that further scrutiny could expand to mining hardware manufacturers as part of a broader decoupling in tech infrastructure between the two nations. A billion-dollar industry at a crossroads The bitcoin mining hardware sector is projected to grow to $12 billion by 2028, making the battle over supply chains a high-stakes commercial struggle. As mining becomes more energy-intensive and reliant on specialised chips, the question of who controls the upstream hardware becomes increasingly critical. This wave of Chinese firms relocating operations to the US is about more than tariffs; it represents a strategic realignment driven by economic, technological, and geopolitical forces. As America pushes to assert technological independence in critical sectors, Chinese hardware makers are repositioning themselves to stay relevant. The next few years will reveal whether the US can create a homegrown alternative to Chinese dominance or whether Chinese firms, through strategic localisation, will remain the major players in the backbone of bitcoin mining. (With inputs from agencies)

Bitmain, Canaan, and MicroBT are restructuring global supply chains as crypto mining meets geopolitics

Chinese bitcoin mining giants shift to the US amid tariffs and security scrutiny

china

China, News on China, stories on China, articles on China, China stories at Wion, China news, China latest news