China’s capital city boasts a diversity of structures, from its historic city center to the concentric roads and high-speed railway that surround it. A stunning astronaut photo from the International …
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US lawmakers urge Biden to close tariff ‘loophole’ for Chinese small package imports
A majority of Democratic U.S. House of Representatives members on Wednesday urged President Joe Biden to use his executive powers to end a tariff “loophole” for low-value packages that they say are …
China’s Exports Surge Amid Weak Domestic Economy, Raising Global Concerns
In August, China’s exports surged by nearly 9%, reaching $309 billion, the highest since September 2022, while imports remained stagnant at 0.5%. The strong export growth provided a rare boost to …
China Hot Pot Chain Plans US Expansion to Escape Slump at Home
Chinese hot pot chain Haidilao said it will focus on expanding further into established foreign markets in the coming years, notably the US, working to draw new customers as diners at home pull back on…
US Accuses China of Providing ‘Substantial’ Help to Beef Up Russia’s Military Technology
The United States Deputy Secretary of State Kurt Campbell has accused China of providing “substantial” support to Russia to bolster the embattled nation’s military technology while the Ukraine war …
China’s weak oil demand isn’t serious issue: Portfolio manager
Oil (CL=F, BZ=F) prices surged in Wednesday’s trading session amid worries that Hurricane Francine would disrupt US production in the offshore region for an extended period. Tortoise senior portfolio …
US seizes over 350 websites used to import gun parts from China
U.S. authorities said on Wednesday they had seized more than 350 websites selling gun silencers and parts from China used to covert semiautomatic pistols into fully automatic machine guns.
James Sasser, Senator and Clinton’s Envoy to China, Dies at 87
He became ambassador after three terms as a senator from Tennessee. In 1999, he was made a virtual prisoner in the embassy in Beijing during a siege by protesters.
European firms doubt China’s appetite to fix economy, lobby group says
European firms in China doubt the government has a credible plan to boost demand in the ailing economy or will carry out long-promised reforms, diminishing their appetite to invest in the country, a European business…
Albemarle Stock Soars as Lithium Production Cuts in China Boost Market Outlook
Albemarle shares jumped Wednesday following reports that a large Chinese battery producer plans to scale back lithium production.
Oklahoma congressman links power plant proposal to China
A $3.1 billion hydroelectric power plant proposed for the Kiamichi River Basin in southeast Oklahoma has ties to the Chinese Communist Party, according to U.S. Rep. Josh Brecheen, a Republican from …
China’s exports grow by 8.7% in August, beating expectations
China’s exports rose more-than-expected in August, while imports missed expectations. Exports grew by 8.7% in U.S. dollar terms in August from a year ago, while imports rose by just 0.5%. The volume of China’s rare…
China and America: The most important relationship in the world
The relationship between China and America is not just a big deal. It’s the deal. With both nations holding the title of the world’s largest economies, their …
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