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A worker moves a new piano at the Klaviry Petrof company in Hradec Kralove, Czech Republic, February 2009. Photo: Milan Jaros/AFP via Getty Images

Back in February, I wrote about how the classic Czech piano company Klaviry Petrof, founded in 1864, could face losses after China threatened retaliation on Czech companies after a Czech politician planned to visit Taiwan, which the Chinese government views as part of its territory.

  • After a second Czech official visited Taiwan in August, China made good on that threat — a Chinese company suspended a $23.8 million order of the Czech-made pianos.
  • But Karel Komárek, a Czech entrepreneur and billionaire, stepped in and bought the 11 pianos originally intended for China.

What he's saying: "My wife and I agreed that our foundation would immediately dedicate them to Czech schools. We would like the 11 instruments to become a symbol of Czech pride and cohesion," said Komárek.

Go deeper

China is the greatest, growing threat to America

Illustration: Rebecca Zisser/Axios

China has outlined strategies for 2018, 2025 and 2050 all designed to displace the United States as the dominant global economic and national security superpower.

Why it matters: While America dawdles and bickers, China is thinking long-term — and acting now, everywhere. There is no U.S. equivalent of a plan for 2025 or 2050 — or really for next year. 

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.

Updated 3 hours ago - Energy & Environment

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.