She will then head north to Beijing for talks with Premier Li Qiang, Finance Minister Lan Fo’an and central bank governor Pan Gongsheng, said the Treasury Department. Yellen’s trip comes just eight …
Monthly Archives For April 2024
China’s services activity growth speeds up in March, Caixin PMI shows
China’s services activity growth accelerated in March as new business rose at the quickest pace in three months, a private-sector survey showed on Wednesday, a sign sentiment was staging a tentative …
25 AAPI-Owned Fashion Brands to Shop for the Coolest Clothes, Shoes and Bags
Founded by Tanya and Karen Lee, this Vancouver-based duo proudly produces tailored sweatshirts and matching skirts (oh, and Oprah’s favorite trousers) in China. The brand strives to debunk the myth …
China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India’s market cap
The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in Asia.
Biden warns Xi Jinping about China’s ongoing support for Russia amid Ukraine war
Biden and Xi Jinping spoke in a Tuesday phone call as the US and China attempt to manage rising tensions.
Biden confronted Xi on TikTok in their first conversation since November: White House says president ‘reiterated’ concerns app was owned by company with links to Beijing
Biden also used the conversation to push Beijing over its support of the Russian invasion of Ukraine and to emphasise the need for peace in the Taiwan Strait, amid constant Chinese threats it is …
Chinese brands becoming bigger hits abroad
Many would argue that a true indication of a country’s economy is the number of home-grown international brands and the level to which they have made inroads into global markets. China and the Chinese …
I-Mab Announces Closing of the Divestiture of Business Operations in China
I-Mab (the “Company”) (NASDAQ: IMAB) a U.S.-based, global biotech company, exclusively focused on the development and potential commercialization of highly differentiated immunotherapies for the …
China needs new strategy to counter US moves on global trade, analysts say
Observers and business figures are seeing changes in global supply chains as the US’ trade restrictions begin to have an effect – and think China needs to readjust its game plan to respond to these…
House Republicans probe NIH research in China for national security and bioethics violations
House Republicans are probing NIH-funded research in China for potential national security concerns and ethical violations involving the Uyghurs.
Biden and China’s president have first conversation since November
China’s leaders have set a goal of 5% economic growth this year despite a slowdown exacerbated by troubles in the property sector and the lingering effects of strict anti-virus measures during the …
Yellen to return to China, press counterparts on excess factory capacity threat
U.S. Treasury Secretary Janet Yellen will return to China this week to continue her economic dialogue with top Chinese officials amid a new emphasis on the threat to global economies from the Asian …
Biden, China’s Xi discuss trade, counternarcotics, technology exports to Russia
In a phone call Tuesday, U.S. President Joe Biden discussed AI, counternarcotics and Russian access to technology with Chinese Premier Xi Jinping, the White House said.
