US technology companies should stay in China despite political pressure for their exit, according to a Washington-based policy think tank. Sales generated by American firms within China can be reinvested in research and development back in the United States, which helps sustain US innovation leadership. China is also a strategic listening post where US firms can keep tabs on consumer trends, technological shifts, competitors and talent.
The concept of Sino-US-European âtrilateral relationsâ featured prominently in April foreign-policy discourse. Scholars at Tsinghuaâs CISS argue about the need for Europe to reject transatlantic right-wing nationalism and rediscover a liberal-minded âindependent soulâ, while Sun Chenghao proposes an engagement strategy for forestalling closer EU âembeddednessâ in transatlantic tech networks. Other scholars speculate about the potential benefits to China from the rise of the European far-right.
The U.S. trade policy with China has undergone enormous changes in the past year, but it has had little effect on overall trade balances. Chinaâs trade surplus with the world increased from $1 trillion to $1.2 trillion, while the bilateral trade imbalance between China and the United States decreased. However, there was a large increase in China's trade surplus vis-Ă -vis the Association of Southeast Asian Nations (ASEAN).
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A group of scholars in Beijing penned a report thanking Donald Trump for his first year in the White House. They thank him for driving away Americaâs traditional allies and putting economic pressure on China. They also thank Trump for illustrating that America is in its âimperial twilightâ and a decaying power.
Vietnam's President and Communist Party chief To Lam visited China recently. It was his first overseas trip since the 14th National Party Congress of the Communist Party of Vietnam (CPV) and the consolidation of Vietnamâs top two positions in the hands of a single individual. Vietnam signed major infrastructure, technology, and supply chains agreements with China and affirmed its support for China's Global Development Initiative, Global Security Initiative and Global Civilization Initiative. Vietnam joined the Community of Common Destiny in 2023.
Leung Chun-ying wants Hong Kong to develop its shipping insurance and management capabilities to strengthen its status as a global maritime hub amid intensifying geopolitical tensions. SeaKapital CEO Kenneth Lam says prolonged geopolitical disruptions may drive up global inflation as the end-users would ultimately foot the bill.
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In the 2023-24 academic year, 38,100 non-local students were enrolled in Hong Kongâs taught postgraduate programmes, a 207 per cent increase from 2020-21. Mainland students accounted for 63.4 per cent of non- local undergraduates and 92.4% of taught postgraduates at the University of Hong Kong. Hong Kong overtakes the US to become the second most popular study-abroad destination for mainland Chinese students in 2026.