World--China Economic Net

The United Nations General Assembly (UNGA) on Wednesday convened a special solemn meeting in commemoration of all victims of World War II, as the international community marks the 80th anniversary of the war's end.

German official opposes tariffs, calls for stronger economic ties with China2025-05-05
Hubert Aiwanger, deputy minister president of the German state of Bavaria, warned of the risks from sweeping U.S. tariffs, emphasized the need for a rules-based global trade system, and voiced strong support for continued economic ties with China.

Far right candidate leads Romania's presidential election rerun: exit polls2025-05-05
Exit polls showed that George Simion, chairman of the Alliance for the Union of Romanians, took the lead in the first round of the Romanian presidential election rerun on Sunday.

Gaza faces severe food crisis amid prolonged Israeli blockade2025-05-04
The humanitarian crisis in the Gaza Strip continues to deteriorate as the Israeli blockade enters its third consecutive month, severely restricting the entry of food, water, and essential supplies to the coastal enclave, home to over 2 million Palestinians.

U.S. legendary investor Buffett to step down as Berkshire Hathaway CEO2025-05-04
U.S. billionaire investor Warren Buffett announced Saturday that he would retire as Berkshire Hathaway CEO by the end of 2025 at the firm's annual shareholder meeting in Omaha, Nebraska.

Israel deploys forces in southern Syria as intense airstrikes spark widespread condemnation2025-05-04
The Israeli military confirmed on Saturday that it had deployed forces in southern Syria to prevent the entry of "hostile forces" into Druze-majority areas, following a significant escalation in the region.

Europe ramps up military spending amid rising security anxiety2025-05-03
Driven by a surge in European defense budgets, global military expenditure soared to a record 2.72 trillion U.S. dollars in 2024, according to the Stockholm International Peace Research Institute (SIPRI).

Israel confirms strike near Syria's presidential palace in support of Druze community2025-05-03
Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz said in a joint statement on Friday that Israel attacked overnight near the presidential palace in Syria's capital, Damascus.

Trump ousts national security advisor after major scandal2025-05-03
After a major scandal that may have compromised U.S. national security, U.S. President Donald Trump on Thursday announced he would let go his national security advisor Mike Waltz.

NASA's SPHEREx space telescope begins mapping entire sky2025-05-02
NASA announced Thursday that its SPHEREx space observatory has officially begun science operations, marking a major step toward uncovering new insights into the origins of the universe, the evolution of galaxies, and the building blocks of life in the Milky Way.

Opinion: EU aims at Washington's pain points in looming tariff war2025-05-02
As Washington continues its aggressive trade measures by levying tariffs on the world with little restraint, the European Union (EU) is stepping up its response -- this time in the digital realm.

Trump administration dismisses researchers working on climate-change evaluation: report2025-04-30
The Trump administration has discharged a group of scientists and researchers working on the federal government's evaluation of the impact of climate change, citing the need to re-evaluate its approach to the project, reported The Wall Street Journal on Tuesday.

Largest U.S. port expects slump in shipments next week amid tariff impact2025-04-30
The Port of Los Angeles, the largest and busiest port in the United States, is expecting a 35 percent slump in shipments from Asia next week, the port's executive director told media on Tuesday.

Pakistan shoots down 2nd Indian quadcopter over airspace violation2025-04-30
The Pakistan Army shot down the second Indian quadcopter in a day for violating the country's airspace along the Line of Control (LoC), sources from the Pakistani military said on Tuesday.

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Stanford report finds U.S. AI edge fading as China closes gap

China has nearly closed AI performance gap with the US, with its leading models achieving near parity with American counterparts on key benchmarks, a Stanford University report said.