Friday, February 13, 2026

economy

Taiwan Rules Out 10% GDP Defence Spending Despite U.S. Pressure

Taiwan’s Premier Cho Jung-tai has dismissed calls to raise the island’s defence spending to 10% of GDP, stating that such an increase is “impossible” given Taiwan’s current budget constraints....

China Vows Retaliation Against New U.S. Tariffs on Steel and Aluminum

China has pledged to take “all necessary measures” in response to the United States’ newly imposed 25% tariffs on steel and aluminum imports, escalating...

China Drives Surge in Global EV Sales

Worldwide sales of electric vehicles (EVs) saw a significant increase in February, with China leading the way. Sales surged by 76 percent in China,...

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