Why did China take this drastic step, and what does it mean for the United States and the global economy?
Featured Posts Title
Typhoon Dolphin makes landfall in China, more than 1 million evacuated
Beijing-obligated automaker seeks Ferrol factory as US delivers Aegis radar
Countdown to summit as Shenzhen, Apec boost ties
Four Seasons Hotel Shenzhen Introduces Exclusive Suite Offer in Futian’s Heart
National Fitness Lights Up the “Dual Olympic City”: The 17th Beijing Sports Games Open
China is now the world’s great oil power
China’s central bank vows to expand yuan’s international use in five-year plan
Recent Posts
China’s Historic Dump of $53 Billion US Treasuries is Unprecedented Blow to US Economy
Pernicious collusion seeks to erase Beijing’s redline on Taiwan question: China Daily editorial
The visiting US delegation is scheduled to meet with the island’s independence-minded new leader, Lai Ching-te, and his deputy, Hsiao Bi-khim and other senior local officials, to discuss the island’s procurement requirements for warships and…
China’s CITIC cuts CLSA offshore banker base pay by up to 30%, sources say
China’s CITIC Securities is cutting the base salary of more than 100 bankers at its offshore platform CLSA amid a drop in deal making and pressure to narrow the pay gap with its onshore operations,…
How Pop Mart Became China’s Latest Brand To Target U.S. Growth
Chinese collectibles retailer Pop Mart opened its eighth U.S. store in Las Vegas last month and aims to have 200 stores as it reveals ambitious U.S. expansion plans.
China Is No Longer an Open Road for German Carmakers
Porsche’s first-quarter deliveries in China fell 24% from a year earlier. It isn’t alone. Ferrari’s shipments to mainland China dropped 25% year over year in the quarter, too. Mercedes-Benz and BMW …
Apple in talks with China Mobile to launch Apple TV+ in China: report
Apple is in negotiations with leading mobile service provider China Mobile to launch its Apple TV+ streaming service in China, according to an exclusive …
China’s green finance: From ‘zero’ to ‘hero’
a leading expert said that China has grown its green loan and green bond markets into the world’s largest in a few years, representing a shift from “zero” to “hero.” Behind the rapid growth is…
Chinese smartphone brand Oppo to roll out AI functions to 50 million users by year’s end
Oppo will not only add generative AI to its flagship Find series of smartphones, but will also incorporate the technology in its more affordable Reno, F and A series AI-powered smartphones will …
1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
Newlywed Lisa told Nikkei on Tuesday that in her brand-new factory for Li Auto, more than 1,000 employees like her were given the choice of either quitting or receiving minimum wage until business …
China’s exports seen rising more quickly in May, boosting growth prospects: Reuters poll
China’s exports likely grew more quickly and for a second month in May thanks to improving overseas demand, giving officials some comfort as they navigate numerous challenges at home to shore up an …
China exchanges mull withholding ‘certain’ data from quant funds, sources say
The Shanghai and Shenzhen stock exchanges are considering suspending certain value-added market data feeds to institutions such as computer-driven quant funds, two sources said in an effort by Chinese …
India wants to be the new China. Modi’s shock election result shows it won’t be easy.
Decision-making and policy changes in the world’s largest democracy will take far longer than they do in Communist China — a one-party state.
Foreign enterprises tap into China’s evolving market
The resilience of China’s massive consumer market has left a strong impression on foreign investors, particularly amidst the lukewarm global recovery. The growth momentum in the market has made it …
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