American manufacturers and its work force know the pain. Political strife and reshifting of supply chains is bad news for China.
Recent Posts
Starbucks says it is seeing demand heat up as China recovers
Starbucks posted stronger-than-expected sales in its fiscal second quarter as demand in China began to recover and it opened nearly 500 new stores around the world. The Seattle coffee giant said …
Starbucks sales top estimates on demand recovery in China
Starbucks Corp beat Wall Street estimates for quarterly comparable sales on Tuesday, powered by a sharp recovery in business in China and steady demand for its coffees and cold drinks in North America …
For Starbucks Earnings, All Eyes Are on Guidance and China
Underperformance in China prompted the company to miss earnings expectations last quarter. Analysts don’t see the same thing happening this time around.
China Covid-19 whistleblower returns home to Wuhan after jail
Fang Bin is one of several so-called citizen journalists who disappeared after sharing videos of scenes in Wuhan, the epicentre of the pandemic.
Ireland Criticizes Beijing in Departure From Macron’s China Push
Ireland’s foreign minister criticized China on human rights and its stance over Russia’s war in Ukraine and rejected the idea that Europe is being squeezed between Beijing and Washington.Most Read …
New world disorder: China, Russia bloc shores up influence as countries eager to join, including US allies
The BRICS economic bloc has also explored the possibility of creating a new common currency to provide to members, potentially threatening U.S. dollar dominance.
U.S. ambassador to China says the U.S. is ready for high-level talks with Chinese
Comments by Ambassador Nicholas Burns were the clearest signal yet that the Biden administration wants to restore a broader dialogue with China amid tensions.
Exit bans on the rise in China, part of a wave of intimidation and ‘hostage diplomacy,’ reports find
China says it’s now open for business following years of implementing a “COVID-zero” policy, but recent reports indicate that the country has been increasing “exit bans,” both for citizens and foreign …
Détente with China is necessary or the U.S. will put its Asian allies and trade at greater risk
It’s imperative to negotiate a detente that permits China a sense of greater security about its vital interests and gives the U.S. the capacity to support the sovereignty of its allies and commerce in …
US concerned by China’s ‘punitive’ actions toward American firms
U.S. Ambassador to China Nicholas Burns said on Tuesday Washington was very concerned about China’s recent “punitive” action toward some U.S. companies, and that foreign firms are delaying investments …
Cheng’s buzzer beater leads Zhejiang past Shenzhen in CBA semis
Cheng Shuaipeng made a last-second three-pointer as the Zhejiang Golden Bulls upset the Shenzhen Aviators 93-92 in Game 4 of the CBA semifinals here on Tuesday, setting up a Game 5 clash. In the first…
China Is Looking to Transform Global Development—Again
The China that is reemerging onto the world stage after its multiyear pandemic shutdown is very different than the one that launched the Belt and Road Initiative a decade ago. Beijing seems interested …