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THE TRUTH ABOUT: 7 - Caught on Camera

How can Europe compete with the US and China economically? MEPs debate on The Ring

From Artificial Intelligence to rare minerals, from Trump's tariffs to China's cheap exports - in this edition MEPs Jörgen Walborn (EPP) and Lina Gálvez (S&D) talk about the global economic challenges that lie ahead and that impact all of us in Europe.

Euronews

Cuba Eyes China, Vietnam Models for Major Economic Overhaul Amid Crippling

President Díaz-Canel details a sweeping, market-oriented reform package to slash Cuba's bureaucracy, invite diaspora investment, and reverse a tourism collapse.

Latin Times

Gold rush missed: Can India dig its way out of import dependence?

India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from China's efficient domestic production and exploration excellence, India could revive its gold mining sector. This requires foreign capital, technology, and investor protections like Bilateral Investment Treaties to attract necessary investment…

The Economic Times

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Why the world is betting on China again, and what India must do about it

China's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed production. This ascent, driven by plans like 'Made in China', faces future challenges from debt and demographics. India can learn from China's execution while leveraging its own strengths. The time for India to…

The Economic Times

China-North Korea meet is about balance

The lavish welcome China's Xi Jinping received on his recent visit to North Korea stylistically underscored a deep and comradely relationship between the two communist regimes. Mr Xi's trip to Pyongyang, his first in seven years to the secluded socialist state, was nonetheless more about reviving and rebalancing ties with…

Bangkok Post

A secretive Chinese probe has just arrived at one of Earth's 'quasi-moons' and will soon attempt a first-of-its-kind landing

China's Tianwen-2 mission has arrived at the quasi-moon Kamo'oalewa, which orbits the sun alongside Earth. The secretive probe will scoop up samples from our temporary companion to help uncover its mysterious origin, experts say.

LiveScience

Huawei CFO's admissions can be used against company at criminal trial, US judge rules

A US judge has allowed Huawei's CFO Meng Wanzhou's admission of illegal business in Iran to be used in the company's upcoming trial. Meng had admitted to misleading banks about Huawei's compliance with sanctions. This ruling comes as the case against Huawei, which also faces charges of stealing trade secrets,…

The Economic Times

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Hollywood to Bollywood no more: US makes a move in India's backyard

The United States has renamed its Indo-Pacific Command back to Pacific Command. This change signals a strategic shift away from broad alliances towards more transactional partnerships. Regional allies, including India, are reassessing their strategies. This move suggests a narrower US focus, potentially impacting collective security efforts against China. India may…

The Economic Times

DeepSeek was set to be added to US Entity List for supporting China’s military and intelligence operations, report claims — White House holds off to avoid escalating tensions with China

DeepSeek and CXMT, which have both been tagged as supporting Chinese military and intelligence operations, are set to be added to the U.S.'s Entity List. However, the White House hasn't included them yet in order to avoid escalating trade tensions with Beijing.

Tom’s Hardware

China's Fortune Teller Purge: Xi Targets Officials Who Seek Psychic Advice

Xi Jinping's anti-corruption campaign in China has evolved to target political loyalty and personal conduct, punishing nearly one million officials in 2025 for various offences.

International Business Times UK

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit

For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America

AAP

US drops Indo, keeps the Pacific: Pentagon renaming deepens unease as Donald Trump assures 'we are there for India'

The Pentagon has reverted the Indo-Pacific Command to its former name, Pacific Command, sparking concerns about India's strategic standing. While officials claim no mission change, analysts interpret the move, coinciding with a less warm Trump-Modi meeting, as a potential recalibration of US Asia policy and diminished enthusiasm for the Quad…

The Times of India

China, India, Iraq: Iran has billions in frozen assets. But where is it stored?

Iran has spent years trying to regain access to billions of dollars in overseas funds frozen by sanctions. Now, as Tehran enters negotiations with the Trump administration over a broader agreement to end the conflict and address its nuclear programme, those assets have become one of the most important issues…

The Times of India

EU chases tech independence but gaps remain

Europe wants more homegrown tech to cut its dependencies on the United States and China, but the EU warned Wednesday the bloc has more work to do. But to achieve this objective, the EU must bring electricity costs down relative to the United States and China where energy prices are…

The Economic Times

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The Economic Times

'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims

Global leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a stronger position on Ukraine's battlefield gains. Discussions also focused on critical minerals and economic imbalances. Trump emphasized that a preliminary Iran deal is not final and could be…

The Economic Times

Steven Schwartz, Whop founder who sold water on China's streets, created 650 millionaires. Meet the 26-year-old grabbing headlines

Steven Schwartz, a 26-year-old entrepreneur, co-founded Whop, a social commerce platform now valued at $1.6 billion. He once sold water on the streets of China and today, he is the head of one of the fastest-growing digital commerce platforms in the world. His idea is to make work more fun.

The Independent UK

Lululemon faces backlash in China for using Japanese drum at Great Wall yoga festival

Critics say presenting Japanese performance as Chinese culture misleading and politically insensitive

Caixin Global

Tech Brief (June 17): Ant Revamps Alipay With AI Assistant in Biggest App Overhaul

SiliconFlow raises $294 million as China’s AI inference demand surges, Alibaba unveils Qwen-Robot AI models

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Caixin Global

Business Brief (June 17): Central Banks Expected to Keep Buying Gold

Alibaba unveils its first embodied AI model, while China plans safety standards for automated driving

The Times of India

Ancient Chinese city opens hidden treasures to visitors: How the 5,000-year-old Shijiahe civilisation built walls, canals and a thriving urban centre

For thousands of years, the remains of a remarkable prehistoric city lay buried beneath the plains of central China, preserving clues to one of the Yangtze River region's earliest urban civilisations. Now, new visitor access and archaeological discoveries are shedding fresh light on the Shijiahe Culture, a sophisticated society that…

The Economic Times

'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aims

Global leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm the boss' as discussions focused on Ukraine's improved battlefield performance. Leaders also addressed economic security, supply chains for critical minerals, and global trade imbalances, particularly concerning China's dominance.…

The Economic Times

China to support IPOs by 'future industry' startups, large model companies

The announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and industrial upgrades. The move also comes as Wall Street is hosting major initial public offerings from SpaceX, OpenAI and Anthropic.

Euronews

BMW warns of ‘significant’ profit decline as shares fall 7%

The German luxury carmaker lowered its profit outlook for 2026 as sales slump in China and the conflict in the Middle East weighs on energy prices and consumer confidence.

The Times of India

China condemns new Taiwan intelligence tip website, vows ‘resolute countermeasures’

Beijing has reacted sharply to Taiwan's latest intelligence initiative designed for Chinese nationals, warning of 'strong counteractions' and charging Taipei with provoking further strains across the Strait. The website, introduced by Taiwan's National Security Bureau, is intended as a secure means of communication, reflecting increasing frustration among the Chinese populace…

The Economic Times

Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empire

Pizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outside China to LongRange Capital, while Yum China acquires the China operations. This division highlights Pizza Hut's contrasting fortunes globally and in China.

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