“U.S.-China relations rank as the top challenge for U.S. companies doing business in China,” the U.S.-China Business Council said.
Monthly Archives For August 2022
China to begin series of unprecedented live-fire drills off Taiwan coast
Island accuses Beijing of planning to breach sovereign territory in wake of controversial visit by Nancy Pelosi …
Pelosi’s defiant Taiwan trip cements her legacy on human rights, women and China
As speculation mounts that she will retire, the House speaker visited Taiwan and stood shoulder to shoulder with its female president in another show of opposition to China.
Pelosi lauds Taiwan, says China’s fury cannot stop visits by world leaders
U.S. House of Representatives Speaker Nancy Pelosi left Taiwan on Wednesday after touting its democracy and pledging American solidarity during her brief visit, adding that Chinese anger cannot stop …
China shores up smaller banks with fresh $47bn injection
The Chinese government is injecting 320 billion yuan ($47 billion) in public funds into small and midsized banks in a bid to help regional lenders reeling from the economic slowdown. The capital …
Here are all the ways China’s hitting back against Pelosi’s trip
China hit back at US House speaker Nancy Pelosi’s landmark touchdown in Taiwan late Tuesday with an unprecedented range of actions against the self-ruled island it considers its own.
US plans curbs on export of semiconductor equipment to China producers
The curbs would stop chipmakers like South Korean giants Samsung Electronics and SK Hynix from shipping new technology tools to factories they operate in China …
Crypto Miners Would Get Tax Reporting Reprieve in Senate Bill
Crypto miners and software developers hoping to avoid new Internal Revenue Service reporting rules are getting help from a group of key senatorsMost Read from BloombergThis Is How China Could Hit Back …
Starbucks shares rise as brisk U.S. sales outweigh declines in China
Starbucks Corp. shares rose as a strong U.S. performance and higher prices helped to offset lower traffic and sluggishness in China, where Covid-19 measures have sharply suppressed demand.
Chinese fighter jets cross the line dividing the Taiwan Strait as Beijing flexes its muscles around Taiwan
Taiwan’s defense ministry said 27 Chinese military aircraft entered its air defense identification zone as tensions in the region remain high.
Nancy Pelosi departs Taiwan after visit criticized by China
Speaker of the House Nancy Pelosi travels to South Korea after departing Taiwan on Wednesday amid heightened tensions with China over the controversial visit.
South Korea Urges China-Taiwan Peace As Pelosi Arrives, North Backs China
“As a regional country, we hope that peace and stability in the Taiwan Strait will continue,” a South Korean Foreign Ministry official told Newsweek.
Pelosi went to Taiwan. How far does China want to take the crisis?
The consequences for the self-governing island, which China claims as its territory, and the broader region could continue long after the House speaker’s departure.
