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29.04.26 - 17:00
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Reliance on Chinese green tech poses ′serious′ risk for Europe, experts say (The Guardian)
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Continent 'sleepwalking' into series of economic and national security problems due to over-dependenceEurope is “sleepwalking” into a series of economic and national security problems because of an over-reliance on Chinese green technology, according to experts.A report co-authored by Michael Collins, a former deputy head of national security strategy at the UK Cabinet Office, described the risks of depending on China for green tech as “serious”. Continue reading......
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29.04.26 - 16:48
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Max Pressure: U.S. Prepares For Extended Hormuz Blockade As Treasury Warns Sanction Risks Linked To China′s "Teapot" Refineries (ZeroHedge)
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Max Pressure: U.S. Prepares For Extended Hormuz Blockade As Treasury Warns Sanction Risks Linked To China's "Teapot" Refineries
The U.S. is intensifying pressure on Iran and China across two fronts.
First, on the military side, The Wall Street Journal reported that President Trump told top aides to prepare for an extended U.S. naval blockade of the Strait of Hormuz, a move that would strangle Tehran's oil revenue.
Second, on the economic side, the Treasury Department's Office of Foreign Assets Control is warning financial institutions about sanctions exposure related to Chinese independent "teapot" refineries, particularly in Shandong Province, due to their continued purchases and refining of Iranian crude.
Taken together, the message from President Trump to Secretary of the Treasury Scott Bessent is very clear: Washington is squeezing Iran's oil revenue at both ends of the supply chain, through a continued blockade of the Hormuz chokepoint that enables exports and the Chinese refining net...
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29.04.26 - 16:36
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China Threatens EU With Retaliation if It Bans Huawei Gear (Bloomberg)
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China said it would retaliate against the European Union if it proceeds with a proposal to ban Huawei Technologies Co.'s equipment across the continent, escalating tensions in the long-running clash over national security and the communications company's products....
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29.04.26 - 15:18
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Revenue jumps for China′s Cambricon, MetaX amid thirst for domestic AI chips (SCMP)
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Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China's self-sufficiency push drove the country's demand for home-grown computing power.
Cambricon's first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on......
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29.04.26 - 14:30
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Hit from memory costs spreads from phones to EVs as China′s BYD raises driving-tech price (SCMP)
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The impact of sky-high costs for memory chips is spreading from smartphones to cars, as China's electric vehicle (EV) king BYD announced a 21 per cent price increase for its high-end driver-assistance system.
Starting on Friday, the price of the optional DiPilot 300 assisted-driving system would rise to 12,000 yuan ($1,757) from 9,900 yuan, BYD said on Tuesday, attributing the decision to “the sharp rise in global storage hardware costs”.
The system, which allows cars to navigate themselves on......
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