The Second Thomas Shoal falls within Beijing’s 10-dash line, which encloses its maritime claims in the South China Sea, while the Philippines claims the shoal since it lies within its exclusive economic zone. The Philippines’ position was upheld as part of a 2016 arbitral ruling at The Hague, which dismissed China’s territorial claims over the … Read more
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DEROIT – General Motors CEO Mary Barra has been aggressive in exiting unprofitable or underperforming markets over the past decade, … Read more
Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated to close. Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic … Read more
5/5: The Takeout: David Sanger – CBS News Watch CBS News Journalist and author David Sanger joins Major Garrett to discuss his new book “New Cold Wars: China’s Rise, Russia’s Invasion, and America’s Struggle to Defend the West,” which details the myriad of challenges the U.S. faces in positioning itself as the leader of the … Read more
During the still ongoing Philippines-US Balikatan joint military exercises, both sides fired a dozen rockets in the direction of the South China Sea to answer what they see as Beijing’s growing aggression in the disputed waterway. India also delivered its first batch of supersonic cruise missiles to the Philippines, a move seen as a means … Read more
Filipino troops followed up by firing rockets aimed at wearing down the attackers, before the two forces finished the job with machine guns, Javelin missiles and more artillery rounds. Lieutenant General Michael Cederholm, commander of the US First Marine Expeditionary Force, said the exercise was “to prepare for the worst” by “securing key maritime terrain”. … Read more
In January 2024, France and the People’s Republic of China marked 60 years of diplomatic ties. But China-France relations have been complicated by the countries’ ambitions to be world leaders, and France’s desire to exert an independent foreign policy despite being an ally of the US. Now Beijing has pinned its hopes on France, the … Read more
A year later, the nature and scale of the restructuring is starting to become apparent as new agencies covering these areas have been set up by central and local governments. Central Henan province has drawn the attention of millions of Chinese civil servants since mid-April when its economic planner released the details of its downsizing … Read more
Investment analysts are coalescing around a few potential winners in China’s car market after a 10-day auto show in Beijing put the ferocious competition on full display. The opening morning of China’s biggest auto show of the year — April 25 in this case — is typically a mad rush. But this time, the sheer … Read more
China on Friday launched a lunar probe to land on the far side of the moon in a first-of-its-kind mission to return with samples that could provide insights into differences between the less-explored region and the better-known near side. It is the latest advance in China’s increasingly sophisticated space exploration program, which is now competing with … Read more
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