China made tech central to its global rivalry with the U.S. Allowing it to succeed would threaten Americans at home and our interests abroad.
Monthly Archives For May 2022
Putin ally China is boosting Russian oil purchases by nearly 50% after initially cutting back
China is projected to import 1.1 million barrels per day of Russian oil brought by sea, according to data from Vortexa Analytics cited by Reuters.
China pledges to give virus-hit companies easier access to capital markets
“at-above-post addthis_tool” data-url=” (Reuters) -Chinese regulators said on Friday they will streamline the process of equity and bond issuance by companies hit by the pandemic, and urged brokerages …
Big brands fret over China as middle-class spurns luxury
Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two” high-end handbags this year. Instead, she plans to save not spend, and that is a problem…
UN rights chief to visit China May 23-28
The U.N. Human Rights chief Michelle Bachelet will visit China from May 23 to 28, the Chinese foreign ministry said on Friday.
U.N. Human Rights Chief to Make First Trip to China Since 2005
Rights groups say Michelle Bachelet’s trip, including a visit to the western Chinese region of Xinjiang, where Beijing has cracked down on the Uyghur minority, will be a test of her office’s …
Wall Street, global markets bounce back on China’s rate cut
Wall Street pointed toward gains before the opening bell Friday after a surprise interest rate cut from China lowered, at least temporarily, the anxiety over a slowdown in the world’s second-largest …
Focus:Big brands fret over China as middle-class spurns luxury
Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two” high-end handbags this year. Instead, she plans to save not spend, and that is a problem…
Strict COVID-19 controls posing long-term challenge for Chinese economy
The closure of a major seafood market in the Chinese capital looks set to disrupt seafood trade as Beijing edges towards an extended lockdown to contain the spread of a COVID-19 outbreak in the …
Beijing, Huawei condemn Canada 5G ban as ‘groundless’ and ‘political’
Beijing hit out Friday at Canada for banning two Chinese telecoms giants from Canadian 5G networks, calling Ottawa’s security concerns “groundless”, while Huawei said barring its services was a …
China launches military exercises in South China Sea as Biden visits Asia
China’s military exercises in the South China Sea began on Thursday and will continue through Monday. The drills come as President Biden meets with the leaders of Japan, South Korea and the “Quad.” …
Why Biden hasn’t killed Trump’s China tariffs and made imports cheaper
President Biden could lower prices modestly on an array of Chinese imports from AirPods to refrigerators by wiping out legacy Trump tariffs, but he hasn’t. It’s politically complicated.
Warning Signs in China’s Economic Outlook as COVID-19 Spreads
Signs of economic downturns in Shanghai and Guangdong are especially troubling, considering the outsized role they play in China’s overall economy.