Of all the Biden administration officials to travel to China in recent months, Commerce Secretary Gina Raimondo may prove the most consequential to improving ties between the world’s biggest economies …
Monthly Archives For August 2023
Analysis: China has no pain-free solutions for its slowing economy
Erin Yao would like to take street dance classes and travel, activities she could not do during three years of COVID-19 restrictions in China.
Beijing selling off US Treasurys is a sign of China’s economic weakness as it tries to prop up the yuan
China has been selling its US Treasurys over the past few months, but it’s not a sign of economic strength and it won’t hurt the US, according to a Tuesday note from Carson Group. Beijing’s…
China seizes opportunity amid US sanctions to challenge dollar
The US dollar, once the undisputed titan of international trade and finance, is witnessing a formidable challenger rise from the East. China, seeking to capitalize on the shifting dynamics of the …
Top 10 autonomous driving brands in China
Recently, China Internet Week released its list of 2023 China’s top 10 autonomous driving brands. The list shows that Baidu Apollo, Huawei, CUSC, Mogo, Pony.ai, WeRide, Momenta, Auto X, PlusAI and …
Marriott International: Strong Growth From China And Marriott Hotels Brand Encouraging
Marriott International has seen strong revenue growth and increased operating income in the most recent quarter. Find out if MAR stock is a buy.
Why China dominates in EVs
The world’s most populous country is dominating manufacturing and sales of electric vehicles, to the point where in the first half of 2023 China manufactured 87 per cent of all the EVs sold in …
Exclusive: Deputy Treasury chief Adeyemo says US well-prepared to weather China headwinds
U.S. Deputy Treasury Secretary Wally Adeyemo said on Thursday that China’s economic weakness may cause difficulties for some developing economies and regions that depend on it for growth, but added …
China Unveils Revolutionary Blockchain Data Exchange at Hangzhou Summit
China transforms data trading with innovative blockchain exchange involving Alibaba Cloud and Huawei, compelling over 300 enterprises into secure, efficient sharing …
China’s Meituan swings to profit, beats expectations on food delivery rebound
SHANGHAI: Chinese food delivery giant Meituan on Thursday (Aug 24) posted a bigger-than-expected 33.4 per cent rise in second-quarter revenue, defying a slowing Chinese economy. Meituan, which offers …
China’s tourism to grow faster than its GDP as people spend less on property, more on travel, Tongcheng executive says
People in China have switched from buying big-ticket items like flats and cars to experiential consumption, Tongcheng Travel CFO Fan Lei told the Post.
White House Seeks Extension to Science and Technology Pact With China
The landmark agreement, which is set to expire on Sunday, has attracted scrutiny as competition between China and U.S. intensifies.
Beijing bans seafood from Japan after Fukushima nuclear plant begins releasing treated radioactive water
China has blocked all seafood imports from Japan, after Japan released treated radioactive water from the devastated Fukushima Daiichi nuclear power plant. Hundreds of Japanese protested the …
