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Tag: CHINA

THE TRUMP EFFECT: Apple shifts operations from China to India amidst ongoing tariffs and trade war
Technology

THE TRUMP EFFECT: Apple shifts operations from China to India amidst ongoing tariffs and trade war

By Fawzi Moodley: The heat from US President Donald Trump’s trade war against China may have turned down a notch after the two countries reached a temporary truce in mid-May, but Trump’s tariff policy has created a climate of uncertainty among American companies with operations in China. Tech companies reliant on Chinese components, technology, and skills are particularly hard hit, and under pressure to move their operations away from China, preferably to the US. Even the iconic Apple iPhone brand has not escaped unscathed. Caught in the crossfire of the US-China trade war and in a bid to avoid falling foul of the resulting economic fallout of the tensions between Washington and Beijing,  Apple is gradually moving its iPhone production from China to India. Trump h...
BIG DEBATE: Will Cyril Ramaphosa climb Trump’s hill at the White House?
Politics

BIG DEBATE: Will Cyril Ramaphosa climb Trump’s hill at the White House?

By Thobile Jiwulane: The White House in Washington, where Ramaphosa and Trump will meet (Image: Sandz) The upcoming discussions between South Africa’s President Cyril Ramaphosa and US President Donald Trump are the most anticipated in their relationship’s history. Ramaphosa expects nothing short of tangible results to entice Trump to change his mind and come to South Africa for the G20 summit later this year. The South African President would like to see Trump realise the foolishness of insisting on the non-existent abuse of privileged whites, one of the reasons relations between the two countries have gone sour. Indeed, the conflict between South Africa and the US is based on flimsy reasons that only Trump can explain why he has to punish a human rights...
GLOBAL GOLD REPORT: Poland, Azerbaijan, and China lead global gold demand in Q1 2025
Business

GLOBAL GOLD REPORT: Poland, Azerbaijan, and China lead global gold demand in Q1 2025

By Paul Hoffman Gold prices started surging last year as both central banks and investors sought safer assets amid rising geopolitical tensions and economic uncertainty. While many grasped the opportunity to buy, others took advantage of the high prices to sell off substantial amounts. Our team at BestBrokers analyzed data on gold reserves from the World Gold Council, covering all of 2024 and the first quarter of 2025. We identified the largest buyers and sellers of gold during this period. Our analysis shows that by buying 48.6 tonnes of gold between January and March 2025, Poland retained its leading position in Europe and the world from 2024, when it became the largest net buyer of gold with purchases totalling 89 tonnes. Here are a few key takeaways fro...
GREAT SUCCESS: Victory Day commemoration a resounding success as SA, Russia and China come together to celebrate
Politics

GREAT SUCCESS: Victory Day commemoration a resounding success as SA, Russia and China come together to celebrate

Thobile Jiwulane This must be the main picture. PMC President Marius Fransman (in sunglasses), with Khoisan leaders at the event (Image: Supplied) Victory Day came to life within South African borders on Friday, when senior South African, Russian, and Chinese officials and people celebrated the 80th anniversary of Victory Day in Cape Town. The meeting also served to cement the relationships between South Africa and Russia and China as they jointly observe the important day. It also highlighted the strengthening of the relationships between them as they filtered to the grassroots with a huge attendance of Chinese citizens and the Khoisan community to observe the Victory Day. The successful event, spearheaded by former Deputy Minister of International Relations and ...