Trump's visit to Beijing this month was a year in the making, a celebration of an unlikely U.S. pivot that began when both nations slashed tit-for-tat tariffs last May. Trump made the seeming detente possible last year with a series of targeted concessions designed to mollify Xi Jinping's concerns. Xi is giving Trump 2.0 the benefit of the doubt but the circling China hawks mean he's unlikely to be lulled into a false sense of security.
The United States and Taiwan have had a formal defense relationship since 1955. Donald Trump has been withholding two shipments of $25 billion worth of US military hardware Taiwan has purchased. Thom broadcasts a live three-hour radio and TV program every weekday at noon ET. He also writes three additional Substack newsletters.
Hong Kong's technology infrastructure is undergoing a major transformation as local government and businesses replace Western products with domestic alternatives. There are fears over tightening US technology export curbs targeting both mainland China and Hong Kong. The Hong Kong Police Force is replacing Microsoft SharePoint with mainland China's Seeyon software in one division. Two Hong Kong utility providers are also under pressure to move away from US technology.
Last year, China’s outward direct investment climbed 7% to US$174 billion. Overseas mergers and acquisitions rebounded to over US$43 billion, up nearly 40%. Hong Kong and the Greater Bay Area are emerging as a critical connector between Chinese companies and international markets.
Hong Kong's Financial Secretary Paul Chan Mo-po has called for deeper cooperation and dialogue with Europe despite disagreements on some issues. European leaders are seeking strategic autonomy, diversified partnerships and stronger economic resilience in response to geopolitical tensions and rising unilateralism. European financial institutions have expressed interest in Hong Kong's financial market, including its investment opportunities and cross-border regulatory cooperation.
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Han Yun has been travelling long distances between the province of Xinjiang and cities of Xian and Yiwu in recent weeks. He wants to transport his goods back to Tehran once conditions improve. Han has been selling small household appliances in Iran since 2023, but his business has effectively dried up since he returned to China in January.
In Europe, discussions about China are often clouded by suspicion and strategic anxiety. Europe should approach China with confidence and a serious, open-eyed willingness to cooperate. China is one of Serbia's most indispensable partners and is a defining force of our century.
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Jensen Huang jumped on Donald Trump's plane to China at the last second. The tofu seller in Beijing recognized Huang straight away. Huang came to his stand and bought tofu cubes. The seller wants to get a little bit of Huang's luck as he's one of the richest men in the world.