Political tensions, China’s slowing economic growth and fierce domestic competition are sapping the confidence of U.S. businesses in the country, with optimism about their five-year outlook falling to a record low,
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China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech
China’s ambitions to become a world leader in AI technology adds another layer to the technology battle between it and the U.S.
China trade chief set for talks on trade in Italy next week
China’s top trade official will arrive in Italy next week for talks, an Italian government source said on Wednesday, as Beijing seeks to persuade European Union members to reject proposed EU tariffs on Chinese electric…
Beijing Kicks off Annual Defence Forum Amid Multiple Regional Disputes
The U.S. plans to send Michael Chase, the deputy assistant secretary of defence for China, Taiwan and Mongolia, to the forum. Chase is more senior than the U.S. official who attended last year, though …
Beijing Like Never Before: A Stunning View From Space
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 …
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…