America Expands War on Chinese Technology | Ukraine War & China | China’s Economy

In today’s China Update: 🇨🇳🇷🇺🇰🇵 As Xi Jinping concludes his visit to North Korea, questions are growing about the emerging China-Russia-North Korea alignment. With the war in Ukraine entering a new phase, will Beijing push for peace talks or deepen support for Moscow and Pyongyang? 🇪🇺 The European Union is preparing new sanctions against Chinese companies accused of supporting Russia’s war effort, adding further strain to already tense EU-China relations as trade disputes continue to escalate. 📈 China’s trade sector delivered a surprisingly strong performance in May, with exports and imports surging far beyond expectations. Demand for AI-related hardware, semiconductors, servers, and data-center equipment is helping drive a new wave of growth despite broader economic uncertainty. ⚠️ Washington has expanded its list of “Chinese military companies,” adding major firms including Alibaba, Baidu, BYD, Nio, Unitree Robotics, and others. The move highlights the intensifying technology rivalry between the United States and China. 🚗 China’s electric vehicle revolution is creating an unexpected problem: who will pay for the roads? As fuel tax revenues collapse, officials are exploring new taxes and charging systems for EV owners to help fund highway maintenance and infrastructure. 

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