Economists are expecting President-elect Trump to place tariffs of around 40 percent on Chinese imports, according to a new survey from Reuters. In the survey of economists, 45 percent said the …
Monthly Archives For November 2024
Apple sales fall y/y on China’s Singles’ Day, Huawei up 7%, data shows
Apple sold fewer smartphones during China’s Singles’ Day shopping festival this year as it faced pressure from an “abnormally high” number of rival handsets launched around the event, Counterpoint …
Opinion – How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
China reclaims position as second-largest donor to Pacific Islands, report finds
China passed the US as the second-largest bilateral donor, according to the Australia-based Lowy Institute; Australia remains the largest donor …
Ex-Chinese ambassador offers rare insight into Beijing’s thinking about foreign media
Fu Ying, a former foreign vice-minister, writes in party organ she feels the best tactic is to deflect and challenge ‘biased’ questioning.
Chinese AV startup Pony AI boosts its IPO goal to $260M
Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. To meet the goal …
Johnson & Johnson, Merck lay off workers in China as local headwinds take a toll
Johnson & Johnson and Merck are laying off workers in China, according to a story from Bloomberg which cites reports from Chinese news outlets and confirmation from industry sources in the country.
China’s Pony AI seeks up to $4.55 bln valuation in upsized US IPO
Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm’s long …
Elon Musk’s China Business Ties Spark Concerns Over U.S. Security
Elon Musk’s deep ties with China are becoming a growing concern as he prepares to take on a prominent role in a potential future U.S. administration under Donald Trump. The billionaire CEO of Tesla …
Japan says it will “closely watch” China’s military activity after Beijing admits spy plane violated airspace
China said the airspace violation occurred when the plane’s pilot took emergency measures due to turbulence, Japan’s Foreign Ministry said.
How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
As Trump returns, China seizes chance for climate mantle
With Donald Trump expected to take the United States again out of climate diplomacy, China, the world’s largest emitter but green energy powerhouse, is seizing on the chance to project itself as the …
China suspends CBDC czar implicated in crypto corruption allegations
After extended investigations, Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed …
