Beijing's commerce vice-minister, Ling Ji, was set to meet with new EU trade director Ditte Juul Jorgensen in Brussels and have talks with Chinese businesses in the Belgian capital before heading to forums in Berlin and Dusseldorf. EU diplomats began preparations for next week's blockbuster summit, where the 27 members will decide on the future direction of the European Union's China policy.
I N YINGTAN is a city in the south-eastern province of Jiangxi, China. The industrial park to the south of the city is packed with companies working on technologies for industrial digitisation. A national communications laboratory has set up a state-of-the-art research centre nearby.
The Pentagon has expanded a list of Chinese companies it says are linked to Beijing's military. The list now includes major companies such as Alibaba, BYD and robotics firm Unitree. There is growing concern in Washington over China's military modernization and the role private companies may play under Beijing's civil-military fusion strategy. Beijing accuses Washington of unfairly targeting Chinese businesses.
Imports increased by 27.4% and the trade surplus climbed to $105.43 billion. Exports to the EU increased by 7.6%, while imports from the EU fell by 1.3%. In trade with Germany, China's exports rose by 9.3% and imports from Germany fell by 6.2%.
In May, China's exports grew 19.4% from a year earlier in U.S. dollar value terms, outpacing the 14.1% gain in April and a 15% rise tipped by economists. Imports rose 27.4%, while China's trade surplus came in at $105.43 billion in May, up from $84.8 billion a month prior.
The US Department of Defense published a list of 80 Chinese military companies. The list includes e-commerce giant Alibaba, the search engine provider Baidu and the electric vehicle manufacturer BYD. It comes just weeks after President Donald Trump met with Chinese leader Xi Jinping in Beijing. Beijing calls the list an example of U.S. repression of Chinese companies.
U.S. Secretary of Defense Pete Hegseth gave a speech at the Shangri-La Dialogue on May 30. He didn't mention Taiwan, the center of the "First Island Chain" and the topic of the moment in the Indo-Pacific region. Donald Trump's comments about Taiwan after his summit with China's President Xi Jinping undermined American credibility and stability in the region. Japan is a bright spot, with its government and military working more closely together with the U.S., Australia, Japan and others. Indonesia is a crucial partner, as well.
The US Defense Department issues an updated list of Chinese companies that it believes are aiding the country’s military. The list includes e-commerce giant Alibaba, search engine provider Baidu and electric vehicle maker BYD. Two memory chipmakers were reinstated to the blacklist after having been removed from it at the time. Representative John Moolenaar, the Republican chair of the House Select Committee on China, urges US companies to stop doing business with these companies or risk "enabling China's military ascendance".
Dannie Peng visited a large coal mine in northern Xinjiang Uygur autonomous region to witness the operations of one of China’s four major bases for large-scale, modern coal-chemical production. She stayed in a cheap two-storey hotel beside the mining area that catered to truck drivers transporting coal to nearby plants or railway stations.