Talk of a possible sale of TikTok’s U.S. assets to Elon Musk reflects his increasingly powerful stance as a power broker at the nexus of U.S.-China relations. Why it matters: Beijing-based TikTok …
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China weighs sale of TikTok U.S. to Musk as a possible option
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to fend off a controversial ban.
Xi calls China-EU economic relations ‘symbiotic’ amid trade tensions with US
China hopes the European Union can become “a trustworthy partner for cooperation”, Chinese President Xi Jinping told European Council President Antonio Costa in a phone call on Tuesday, state …
Retired Auburn professor indicted for allegedly failing to report Chinese income on taxes
Fa “Foster” Dai, a former computer and electrical engineering professor at Auburn, is accused of filing false tax returns from 2018 to 2020.
GOP tax leaders: US small businesses could pay more tax than small businesses do in China if Trump cuts expire
Republican members of the chief House committee on taxes said if Trump’s tax cuts expire small businesses could begin paying a higher tax rate than small businesses do in communist China.
China’s Hytera Pleads Guilty to U.S. Charge in Motorola Solutions’ Trade Secrets Theft Case
The telecommunications company could face a fine of up to $60 million for stealing walkie talkie-related trade secrets.
Rubio Set to Say China Cheated Its Way to Superpower Status
Senator Marco Rubio will say China has lied and cheated its way to superpower status at the expense of the US, according to remarks he’s set to deliver at his confirmation hearing for secretary of…
Wild TikTok dance adds clumsy Beijing shuffle-step
It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the …
Stocks and crypto rebound as dollar dips after PPI and tariff hike reports
The markets went wild on Tuesday, with stocks and cryptocurrencies bouncing back as the dollar took a hit. A surprise cooling in wholesale inflation and whispers about Donald Trump’s plan for gradual …
Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
China Battery Giant CATL’s Hong Kong Listing Plan Gathers Steam
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
Xiaohongshu, China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
China’s Biggest Air Carrier Halts Flights to Moscow in Blow to Putin
China’s largest airline, China Southern Airlines, has suspended flights from Beijing to Moscow at the end of January, a surprise move that comes just ahead of the Chinese New Year. Newsweek reached …