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The Latest Breaking News from Merics

EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc

China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bn

The Guardian - UK

Nvidia Financial Report Shows $57B Boom as US Chips Deepen China Rift

Nvidia's record $57 billion quarter from its Blackwell AI chips funds a US infrastructure surge, while sanctions hinder China's technological progress, widening the global AI divide.

International Business Times UK

EU Seeks Roadblocks For Chinese EVs Without Sparking Trade War

The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war.

International Business Times

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Suspected Chinese hackers spied on gov’ts, NGOs, media: Report

Cybersecurity firm says Amnesty International and Taiwan’s ruling party among organisations targeted in campaign.

Al Jazeera

Once bound by trade, China-EU honeymoon sours over Ukraine war

China’s support for Russia has forced the bloc to reassess relationship that has long been centred on economics.

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