China · Business
Same event, multiple sources, transparently cited.
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US Removes Some Tariffs on Taiwanese Aircraft Parts, Caps Others at 15% Under Trade Deal
The US eased tariffs on Taiwanese aircraft components and capped auto, timber levies at 15% starting May 1, 2026, implementing a trade agreement.
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Viral Chinese shepherd job attracts 700+ applicants amid tough labor market
Chinese farm owner Zuo Xiaoyong received over 700 applications for two shepherd jobs offering 8,000 yuan monthly near Inner Mongolia.
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Japan Airlines delays Hiroshima-Tokyo flight after cabin attendant alcohol violation
Japan Airlines delayed a Hiroshima-Tokyo flight about 40 minutes after a cabin attendant tested positive for alcohol before duty on May 23, 2026.
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China delays Airbus plane deliveries over C919 certification dispute with Europe
China's aviation authority has postponed Airbus plane deliveries for months amid slow certification of the C919 jet by European regulators.
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Taiwan detains three over suspected Nvidia AI chip smuggling via Japan to China
Taiwan prosecutors detained three suspects for allegedly smuggling Nvidia AI chips to China through Japan using falsified export documents.
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Business confidence among European firms in China improves after 2025 lows
European companies in China report better business sentiment and less politicization, according to a survey published May 27.
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Hong Kong Overtakes Switzerland as World's Largest Offshore Wealth Center in 2025
In 2025, Hong Kong's offshore assets grew 10.7% to $2.95 trillion, surpassing Switzerland's $2.946 trillion for the first time.
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European Commission opens probe into JD.com's €22 billion Ceconomy acquisition over subsidy concerns
The European Commission launched an investigation into JD.com's acquisition of Ceconomy for possible Chinese government subsidies distorting competition.
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Toyota global sales fall for third month in April amid Middle East conflict
Toyota Motor reported a third consecutive month of global sales declines in April, citing disruptions tied to the Middle East conflict.
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Taiwan Revises 2026 GDP Growth to 9.64% Amid Tech Sector Debt Surge
Taiwan’s government raised its 2026 GDP growth forecast to 9.64% as tech firms raised a record US$14.5 billion in debt financing.
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EU fines Chinese e-commerce platform Temu €200 million over illegal product sales
The European Union fined Chinese online retailer Temu €200 million for allowing unsafe products to be sold on its platform.
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EU Plans Broader Trade Defence Measures to Address China Trade Imbalance
The EU is set to expand trade defence tools targeting Chinese imports to protect key industries and tackle a daily 1 billion euro trade deficit.
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Global Carmakers Lose Ground to Chinese EV Industry Amid Rising Competition
US, European, and Japanese carmakers face sharp market share losses and innovation challenges against China's growing EV sector.
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Hong Kong surpasses Switzerland as top global hub for cross-border wealth in 2025
Hong Kong overtook Switzerland in 2025 as the largest global centre for cross-border wealth bookings, reaching nearly US$3 trillion.
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Japan approves 513.5 billion yen subsidy for electricity and gas bills from July to September 2026
Japan's government approved about 513.5 billion yen to subsidize household electricity and gas bills for three months amid rising energy costs.
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China's industrial profits climb 24.7% in April, fastest growth since November 2023
China's industrial profits rose 24.7% year-on-year in April 2026, marking the fastest pace since November 2023, driven by export growth and high-tech sectors.
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Nvidia pledges up to $150 billion annually in Taiwan, calls it AI revolution hub
Nvidia CEO Jensen Huang announced plans to invest $150 billion per year in Taiwan, expanding operations and workforce there.
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US to Seek Public Input on Tariff Cuts for $30 Billion of Chinese Goods
US Trade Representative Jamieson Greer announced plans to gather public comment on tariff reductions for $30 billion in Chinese non-strategic products.
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SpaceX lowers IPO valuation target to $1.8 trillion ahead of June debut
SpaceX set a $1.8 trillion IPO valuation target, down from over $2 trillion, ahead of its expected June 11-12 Nasdaq debut.
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Volvo Cars receives US Commerce approval to keep selling connected vehicles despite Chinese ownership
Volvo Cars won US Department of Commerce authorization to continue importing and selling connected vehicles amid restrictions on Chinese technology.
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ECB Officials Expect 0.25% Rate Hike in June Amid Rising Inflation and Middle East Conflict
European Central Bank officials widely expect a 0.25 percentage point interest rate increase at the June 10-11 meeting to address rising inflation and economic risks.
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Japan becomes world's third largest creditor nation behind Germany and China in 2025
Japan's net external assets reached a record ¥561.8 trillion in 2025, placing it third behind Germany and China.
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Taiwan's drone exports jump nearly 20-fold to 181,159 units in early 2026
Taiwan exported 181,159 drones from January to April 2026, almost 20 times more than the same period in 2025, driven largely by shipments to Europe for Ukraine support.
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Taiwan's stock market value surpasses India's, led by TSMC rally
Taiwan's stock market cap reached US$4.95 trillion on May 25, overtaking India's US$4.92 trillion, driven by strong gains in TSMC shares.