France's Macron calls on Europe and Asia to unite
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China, Hegseth and Allies
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China, Trump
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French President Emmanuel Macron called for European and Asian countries to build a coalition of independent countries to maintain strategic autonomy on Friday night while speaking at the International Institute of Strategic Studies (IISS) annual Shangri-La Dialogue in Singapore In his keynote address,
European companies operating in China say the market has become increasingly challenging because of weak economic demand and opaque government rules on business.
The result is a tricky triangular dynamic. Europe has to be increasingly mindful of how America’s dealings with China affect its own economy and security. “In this triangle, each side is watching the other two suspiciously,
European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices
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China said it would cooperate further with other countries over its rare earth export controls as shortages put auto and semiconductor makers in Europe and India at risk of closure.
Nevertheless, European companies have found themselves in the sights of America’s president, who is irked by the fact that his country imports more goods from the EU than it exports (and ignores the fact that the opposite is true for services).
European firms in China are the most pessimistic about growth prospects since 2011, a new survey shows, underscoring the challenges of doing business in the world’s second-largest economy despite recent government efforts to address some complaints.