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News about China: events, facts and developments on tafs uz.

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Economy

The EU's 'Made in Europe' plan worries carmakers in Turkey, Morocco, Japan and South Korea

The European Industrial Accelerator Act (IAA) proposes subsidizing only cars with 70% European components. Germany and France have agreed on a compromise for the United Kingdom and Norway, but Turkey, Morocco, Japan and South Korea risk being left out. Component suppliers, by contrast, are demanding stronger protection. The European Industrial Accelerator Act (IAA) proposes subsidizing only cars with 70% European components. Germany and France have agreed on a compromise for the UK and Norway, but Turkey, Morocco, Japan and South Korea risk being left out. Component suppliers, by contrast, are demanding stronger protection.

Otabek Yusupov
4 min read
World

Maike Metals founder He Jinbi sentenced to life imprisonment for fraud

A court in the city of Xi'an sentenced He Jinbi, founder of the Chinese trading company Maike Metals International, to life imprisonment in a fraud case. According to Bloomberg, the court found that the company's actions created a risk of damage exceeding $1 billion for several Chinese banks. The verdict was not made public, and the businessman has filed an appeal.

Aziz Karimov
3 min read
Politics

German President Steinmeier departs on a five-day visit to China

Frank-Walter Steinmeier will visit China on a state visit for the first time in eight years. The program includes a meeting with Xi Jinping, a speech at Peking University, and a visit to the Volkswagen plant in Hefei. The visit coincided with the plenum of the CPC Central Committee and Chancellor Friedrich Merz's trip to the Indo-Pacific. Frank-Walter Steinmeier will pay a state visit to China for the first time in eight years. The program includes a meeting with Xi Jinping, a speech at Peking University, and a visit to the Volkswagen plant in Hefei. The visit coincided with the Central Committee plenum of the Chinese Communist Party and Chancellor Friedrich Merz's trip to the Indo-Pacific.

Otabek Yusupov
4 min read
World

China launches ten major infrastructure projects: from a hydropower cascade in Tibet to a tunnel under the Yangtze

The Kun.uz outlet reported on ten major construction projects in China, including a cascade of five hydroelectric power stations on the Yarlung Tsangpo river in Tibet, the Sichuan–Tibet railway with a 93.7% share of bridges and tunnels, and an 11-kilometre tunnel under the Yangtze. The projects are aimed at expanding the country's transport and energy infrastructure.

Aziz Karimov
3 min read
Politics

Former Ukrainian official suggests the conflict could end through a “global agreement” among leaders

Former deputy head of the Office of the President of Ukraine Kostiantyn Yeliseyev said the conflict could be settled within a global agreement involving China and the United States. According to him, the negotiation track is currently seeing “reconnaissance in force,” and American negotiators are trying to push Kyiv toward “capitulation.” Earlier, Putin declared readiness for trilateral talks.

Aziz Karimov
2 min read
Politics

China opens fifth plenum of the CCP Central Committee: about 300 participants discuss 'tightening discipline'

A four-day closed plenum of the Central Committee of the Communist Party of China has begun in Beijing. According to AFP and the BBC, about 300 Central Committee members will discuss the fight against corruption and the loyalty of cadres. The meeting is taking place a year before the party congress, at which Xi Jinping is expected to receive a historic fourth term. The outcomes will be published on Thursday.

Aziz Karimov
4 min read