U.S. imports from China have been declining steadily since August 2022. In the first five months of 2023, the U.S. went from China’s largest export destination, to its third largest despite the U.S.
Featured Posts Title
‘China is very patient’: Trump says Xi Jinping told him Beijing will not invade Taiwan during his presidency
Chinese foreign minister Wang Yi to visit India from Monday, China’s foreign ministry says
China’s Top Rival to Tesla Bot Headlines Robot Games in Beijing
World Humanoid Robot Games begin in Beijing
EU attempts to rattle China, finds itself on knees? Beijing strikes Lithuanian banks in bold move
Watch: World Humanoid Robot Games kick off in Beijing
Beijing seeks to deter as it expands presence in waters near Philippines and Taiwan
Recent Posts
Manufacturing pivots to the US as Chinese imports fall
Over 280 top firms to flock to China’s import expo
THE sixth China International Import Expo (CIIE) is scheduled to be held in Shanghai from November 5 to 10, with 289 of the world’s top 500 and industry-leading enterprises participating, exceeding …
Nidec shares log biggest tumble in 15 years on China chill
Shares of Japan’s Nidec logged their biggest decline in a decade and a half on Tuesday, tumbling more than 10 per cent as investor concerns deepened over the motor manufacturer’s prospects in an …
China growth may fall to 2.9% if property crisis widens: S&P
China’s economic growth could drop below 3 per cent in 2024 if the real estate slowdown deepens, according to S&P Global Ratings, underscoring how the ongoing housing crisis remains a serious drag on …
China Names Lan Fo’an as Finance Minister to Tackle Debt Risks
China picked Lan Fo’an as the Minister of Finance to replace Liu Kun, handing Lan the responsibility over a plan to diffuse local government debt risks.
Why China Really Nuked Japan’s Seafood Imports
On August 24, 2023, immediately after Japanese authorities released treated wastewater from the Fukushima nuclear plant into the Pacific Ocean, Chin …
Conflux (CFX) Adoption in China Boosts Its Value by 18%; However, Don’t Overlook Bitcoin Minetrix’s Potential
BTCMTX is the powering token for the Bitcoin Minetrix ecosystem, a new stake-to-mine crypto presale with the potential for high returns. Interested investors should head to the website and buy BTCMTX …
China’s quiet campaign to win over Middle Eastern countries has run into a problem Beijing isn’t really ready to deal with
Until recently, 2023 looked to be a major year for Chinese outreach in the Middle East. Beijing has made economic, diplomatic, and even military inroads across the region. But the Israel-Hamas war is …
China restricts exports for some civilian drones over concerns of military use in Ukraine
China imposed restrictions on exports of long-range civilian drones beginning in August, citing Russia’s war in Ukraine and concern that drones might be converted to military use.
China Makes Hypersonic Technology Breakthrough as US Lags Behind
The U.S. has lagged behind China in its hypersonic missile program after multiple delays in testing and cost overruns. The Congressional Budget Office has recently expressed concern about lagging behind China in developing thermal protection…
China property crisis: Country Garden debt fallout triggers push by investors for payout on credit default swaps
The failure of Country Garden Holdings to pay a bond coupon has prompted an investor to start pushing for a payout on derivative financial contracts known as credit default swaps (CDS) linked to the …
Smooching smarts: China woman turns to AI to satisfy demanding boss during candlelight birthday dinner with boyfriend
A woman in China has become an online object of fascination after she … A third person said: “Cheers to AI technology for reforming our workplace.” In a similar case in September, a young man…
Xi Jinping’s Historic Visit to Central Bank Signals China’s Economic Focus
China’s President, Xi Jinping, recently made a historic visit to the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE). It was reportedly the first time since he …