Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with more than 1 trillion yuan ($138 billi
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Why China’s ‘zero COVID’ policy is finally faltering
China has enforced incredibly strict rules to keep coronavirus transmission in check. But now they’re facing a potentially deadly omicron surge.
US, South Korea, Japan Summit Not ‘Provocative’ Toward China – State Dept
U.S. Secretary of State Antony Blinken speaks during a joint press availability with South Korean Foreign Minister Chung Eui-yong and Japanese Foreign Minister Yoshimasa Hayashi following their meeting in Honolulu, Hawaii February 12, 2022. REUTERS/Kevin…
Rethinking who’s winning the US-China tech competition
Shifting the focus to metrics will offer a more accurate picture of U.S.-China technological competition and capture critical U.S. strengths.
China’s youth job market is a nightmare. It’s changing the face of the country.
A new generation of unemployed, frustrated young people is now refusing marriage and parenthood, and its means to contribute to the country’s tepid consumer market are modest at best.
2 U.S. Stocks to Buy as China Tensions Rise
Since the onset of the Covid-19 pandemic, U.S. and China relations have gotten increasingly worse. Though both nations cannot risk going into conventional warfare, another cold war has arguably already started – and the winner…
Janet Yellen explains her ‘magic mushroom’ experience in China
US Treasury Secretary Janet Yellen ate a “magic mushroom” on a recent trip to Beijing, but the aftereffects don’t sound that special.
Why This Company’s Financial Crisis Threatens China’s Economy
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills.
China Turns to Well-Honed Playbook: Cut Rates, Hide Data
Some economists worry that without more forceful action to turn the economy around, China risks falling into a downward spiral of weakening growth as sagging business and household confidence reinforce declines in spending, hiring and…
Today in Sports – Michael Phelps wins 7th gold medal at Beijing Games, ties most ever at Olympics
2015 — Jason Day leads wire-to-wire in the final round at Whistling Straits to close out a record-setting PGA Championship and capture his first major title. The 27-year-old Australian finishes at …
China semiconductor output growth slows in July as self-sufficiency drive continues
The slower IC output trend in July comes as the domestic chip market struggles with weak consumer demand and high inventories.
In Seattle, trade is still all about China. That may be changing
Meanwhile, the trade values of Chinese imports and exports are declining. The transition comes in a period of uncertain trade relations between the United States and China, which has long been America …
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Five executives from a Filecoin mining service are facing a lawsuit at the People’s Court of Pingan County in China, over allegations that they pilfered millions of dollars and left investors in ruin.