A report obtained by Al Jazeera reveals a surge of support for the Peace Corps’ return to the Solomon Islands. The report, released following a feasibility study, indicates a strong desire from the government and citizens for the agency’s re-establishment. This enthusiasm stems from the Peace Corps’ lasting impact on education and its potential to address the country’s challenges in healthcare and other sectors.
Results for: US-China rivalry
Over the past year, China has firmly established itself as the world’s leading auto exporter, surpassing Japan with over 5 million vehicles sold abroad. This surge in Chinese auto exports has added fuel to the trade and advanced technology rivalry between the US and China. Despite lofty goals for expanding the US electric vehicle (EV) industry, China’s rapid expansion domestically and abroad poses significant challenges to foreign automakers. Chinese automakers have a significant advantage in terms of cost, thanks to government subsidies and cheap access to critical materials. While pricing wars have forced Chinese automakers to reduce profit margins at home, they can charge more in overseas markets, incentivizing exports. Concerns about Chinese oversupply have emerged in the US, with fears that cheaper Chinese models could undermine American automakers. The US has implemented 27.5% tariffs on Chinese EVs, but there are concerns that Chinese companies could circumvent these tariffs by building facilities in Mexico. The EU is also investigating Chinese government subsidies in the EV industry. China maintains that its EV success is due to competitive pricing and technology, not government subsidies. Amidst the rivalry, the US has implemented incentives for domestic EV production, while the presumptive Republican presidential nominee Donald Trump has criticized EV policies and called for a rollback. Both parties have proposed increasing tariffs on Chinese EVs. Despite the challenges, Western automakers will likely continue to rely on Chinese batteries for affordable EVs. China’s decades-long dominance in mineral procurement and technology development make it difficult for Western automakers to fully shut out Chinese suppliers.