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World/Asia News33

China US Economic Working Group Holds Productive First Meeting The newly established Economic Working Group between China and the United States (US) successfully conducted its first virtual meeting on Tuesday. The deputy minister-level talks delved into discussions on macroeconomic policies, bilateral economic relations, and addressing global challenges, as reported by China's Ministry of Finance. While both sides raised concerns during the meeting, they pl.. 2023. 10. 24.
China Graphite Export Curbs Prompt South Korea Search for Alternatives South Korea is urgently exploring new sources of graphite following China's recent tightening of export controls on this critical mineral, crucial for electric vehicle (EV) batteries. In response to the escalating trade tensions between the U.S. and China, China's new export permit requirements, set to take effect on December 1, have raised concerns. The South Korean trade ministry convened emer.. 2023. 10. 24.
Global Companies Exiting China Rust Belt Impact China's northeastern rust belt, encompassing Liaoning, Jilin, and Heilongjiang provinces, is witnessing a significant exodus of multinational companies, including Panasonic, Toshiba, and Mazda. Once a thriving industrial hub, the region has suffered economic setbacks due to a variety of factors, including dominance by state-owned enterprises and rapid growth of the private sector in other parts .. 2023. 10. 24.
Japan Announces Rakuten Mobile Platinum Band Allocation Tokyo, Japan - In a significant development for Japan's telecommunications industry, the Japanese government announced on Monday its decision to allocate frequency slots in the highly sought-after platinum band to Rakuten Mobile. This move aims to enable the burgeoning carrier to expand and enhance its 4G network. Rakuten Mobile has faced challenges related to its mobile connectivity since its l.. 2023. 10. 24.