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South Korea Plans Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade guidelines.The Wall Street Journal - Business - China -
Biden Looks to Thwart Surge of Chinese Imports
The president has proposed new barriers to Chinese electric vehicles, steel and other goods in an attempt to protect his manufacturing agenda.The New York Times - Business - Joe Biden -
U.S. Eyes Curbing Chinese Access to AI Software
The Commerce Department may restrict the export of closed-source andproprietary AI models, complementing an earlier block on sophisticated AI chip exports.Inc. - Business -
Nicaragua cancels Chinese plan for controversial canal 10 years on
Critics said proposal to build canal linking Atlantic and Pacific would endanger environment and rural communities. Nearly a decade after it broke ground on a controversial plan to build a canal linking the Atlantic and the Pacific, Nicaragua has ...The Guardian - World -
Indian Americans, who now outnumber Chinese Americans, are awakening to their political power
Indian Americans surpassed Chinese in U.S. population, and experts say Trump and Biden need to set their focus on them. From Israel and Gaza to gun control, they're more sure than ever of what they want.NBC News - Top stories -
VW warns Brussels against raising tariffs on Chinese electric cars
Move risks ‘retaliation’ against international brands in the country, German carmaker’s brand chief tells FT car summitFinancial Times - Business -
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Nicaragua cancels a controversial Chinese interoceanic canal concession after nearly a decade
After nearly a decade, Nicaragua’s congress has finally canceled a controversial canal concession granted to a Chinese businessman that critics said endangered the environment and threatened to displace rural communitiesABC News - World -
China's Xi arrives in Hungary for talks on expanding Chinese investments
Chinese President Xi Jinping has arrived in Hungary, the final stop on his five-day European tourABC News - World - China -
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The real winner of the Drake-Kendrick Lamar feud is this Chinese restaurant
The rap beef between Drake and Kendrick Lamar is leading to more sales of, well, beef.MarketWatch - Business -
FirstFT: Toyota plans investments in EVs and AI to compete against Chinese rivals
Also in today’s newsletter, Hong Kong court bans protest anthem and Xi Jinping praises Hungary’s ‘independent’ foreign policyFinancial Times - World -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - World - China -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - Business - China -
Gun violence misinformation has found a new home on Chinese language social media, report says
Growing misinformation about gun violence is permeating Chinese-language social media, a new report shows.NBC News - Top stories