Korea’s exports to the US surpassed those to China in 2023. Total exports fell 7.4 percent due to chip performance and global economic uncertainties, while solid automobile exports and semiconductor …
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World in Brief: China pushes back on Iran; Treasury yields climb
ByteDance, Tencent Receive 20,000 Nvidia H200 Shipments Under Relaxed Beijing Rules
33rd Beijing International Radio, TV & Film Exhibition kicks off
Beijing’s big bet for AI data
Beijing bets on fossil fuels even as it leads the world in renewables
Humanoid robot crashes after Beijing sprint
‘Please stay strong’: Brother sends message to American deemed wrongfully detained in China
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U.S. overtakes China as top destination for Korea’s exports in Dec.
China Looks to Ramp up ‘Cross-border’ Digital Yuan Spending
Last week, the Bank of China’s Dongguan Branch unveiled the country’s first automated digital yuan wallet-opening machine for overseas passport holders. The PBoC also seems to be readying a move that …
Immune to ‘friendshoring’? U.S. food and drink chains continue to pour cash into China.
Neither a burger nor a caffè latte can create the same friction that high-tech industries have in the complicated U.S.-China relationship.
Asian American Officials Cite Unfair Scrutiny and Lost Jobs in China Spy Tensions
National security employees with ties to Asia say U.S. counterintelligence officers wrongly regard them as potential spies and ban them from jobs.
U.S. IPO market started to recover in 2023, but global market fell further
U.S. initial public offerings in 2023 recovered moderately from 2022, but remained muted as the market was constrained by rate hikes, bank failures, and geopolitical turmoil. Some 107 IPOs launched …
Countries around the world are passing crypto laws — but the U.S. is the top cop out there
In a year that saw crypto giant Binance hit with a $4 billion settlement and high-profile SEC lawsuits, regulators overseas have been busy pursuing new laws.
‘Certain things require a machete’: House China Committee chair defends aggressive approach to Beijing
China-focused congressional committee faces struggle in translating a year’s long communications campaign on Beijing’s national security threat into viable legislation in 2024.
China went through its Gilded Age; but no model lasts forever
A term from US history is useful in assessing those accomplishments and stumbles. China has gone through its own “Gilded Age,” delivering growth but also creating many new problems.
Best of 2023: Chinese investors scrambling to sell overseas properties tops most-read China economy stories
A report on Chinese investors unloading their overseas properties amid shaky economic conditions garnered the most views China’s dwindling exports, durian, shipping and canals, the US-China tech war …
Xi says China will ‘surely be reunified’ with self-ruled Taiwan in New Year’s address
Chinese President Xi Jinping said China would “surely be reunified” with Taiwan during his televised New Year’s address, renewing Beijing’s threats to take over the self-ruled island, which it …
China’s Xi hails ‘resilient’ economy in bullish New Year speech
President Xi Jinping said Sunday the Chinese economy had grown “more resilient and dynamic” in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls. – Greetings …
Move Over Japan, China Poised To Be World’s Top Car Exporter
China is close to overtaking Japan for selling cars outside its borders thanks to strong sales in Russia and Mexico …
Trends From China’s Domestic Fragrance Disruptors For 2024
Young and agile, China’s domestic perfumers are better placed to tap the current cultural moment in a fragrance market on track to reach $3.1 billion by 2025.