As Chinese leaders declare the country open for business, raids against U.S. firms and sweeping data laws are eroding trust among the foreign business community.
BUSINESS
China-hawk GOP senator making thousands of dollars from business deal with Chinese state firm: report
Sen. Pete Ricketts (R-NE) talks a tough game in standing up to China, and was known for his hawkish anti-China speeches in his former office as governor of Nebraska. But according to The Daily Beast,…
Senate Democrats announce sweeping effort to outcompete China
Senate Democrats are mobilizing virtually all committees for a massive legislative package to bolster the U.S. against the Chinese government.
China remains a key player in the fentanyl supply chain, officials tell Congress
Mexican cartels are fueling the overdose crisis in America but China remains a key player in the supply chain, serving as the exclusive supplier of machines that cartels use to press fentanyl into …
New legislation to counter China pushed by Senate Democrats
Senate Democrats launched a new legislative effort Wednesday in one of the few areas that appears to be generating bipartisanship in Congress — taking on China. The aim is to build on last year’s …
U.S. and China are on a collision course that could make their cold war hotter
Li’s remarkable wit contrasted sharply with the more reserved demeanor of former Premier Li Keqiang, whom we met in earlier years when he was premier. During our meeting, he made Apple CEO Tim Cook …
Crypto And De-Dollarization: How Global Currencies Are Reducing U.S. Influence Abroad
De-dollarization trends are gaining momentum as countries seek to reduce their exposure to the risks and fluctuations associated with the U.S. dollar.
China’s latest addition to its disputed South China Sea outpost: a hot pot restaurant
The restaurant is Beijing’s latest soft push to consolidate its disputed claims in the busy, strategically important waterway.
China’s war on our dollar is really about ruling the world
It’s never been more important for the United States to turn its attention to Xi Jinping and his malign ambitions for Communist China in the world economy. In its latest gambit, the Chinese Communist …
China tourism rebounds to pre-COVID levels during May Day holiday
China’s tourism business during the May Day holiday rebounded to pre-COVID levels, as the number of domestic trips rose by 70.8% from a year earlier, government data showed on Wednesday.
Samsung is a Case Study in How Manufacturers Leave China
The company still has significant operations in China but its smartphone manufacturing business pulled up stakes years ago. How and why that happened is instructive.
Starbucks Tops Q2 Estimates On China Rebound; New CEO Has Eye On ‘Growth Headroom’
Estimates: Analysts predict earnings jumping 10% to 65 cents per share in the second quarter. Wall Street sees revenue also growing 10%, to $8.41 billion. Same-store sales are expected to grow 7.3%, …
Ambitious ZHA-designed project to connect three skyscrapers in China
Many of Zaha Hadid Architects’ (ZHA) most ambitious projects have been located in China lately, including the Infinitus Plaza and Beijing Daxing International Airport. This trend continues with an …