That’s compared to a US military budget of around $742 billion that year, which was spread out across various theaters in the world.
Tagged By business
Where does the buck stop for your China business?
If you undertake activities in China that are illegal and then leave the country, your representative officer may be held in your stead. If the representative office engages in activities which are …
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
Foreign automakers look to leverage strengths as Chinese brands dominate home market
Once attracting great numbers of sales and plenty of investment from global automakers, China is now increasingly being dominated by its own domestic manufacturers — leaving foreign rivals there …
Luxury brands lure Chinese shoppers despite slowdown
Sipping champagne and nibbling fried dumplings, Shanghai’s rich and influential posed by Louis Vuitton signs at a runway afterparty –- a lavish affair designed to win customers in China’s crucial …
Tim Cook gets real about China
Apple reported better-than-expected sales in China in its Q2 earnings. CEO Tim Cook says there’s still work to do.
‘Vague and broad’: China’s revised state secrets law sparks concerns from Taiwan and foreign businesses
The law saw its biggest tweaks in more than a decade, and only its second revision since its introduction in 1988.
New Zealand ‘Seriously Concerned’ by China’s Pacific Ambitions
New Zealand is “seriously concerned” by China’s increased interest in the Pacific, Foreign Minister Winston Peters said.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineHuawei Secretly Backs US Research,
Biden Calls Ally Japan ‘Xenophobic’ Along With China, Russia
(Bloomberg) — US President Joe Biden included ally Japan along with rivals China and Russia in a list of countries he called “xenophobic” in a speech at a campaign fundraising event in Washington. Most Read…
Fort Campbell Army officer charged with illegally importing weapons from Russia, China
Prosecutors say Lt. Col. Frank Ross Talbert illegally imported firearms parts from Russia and China and dealt weapons without a license.
These Five Chinese EV Brands Would Sell Like Crazy In The U.S.
China has a lot of upstart EV brands, but these five could do really well here with little effort. I’m still reeling from my trip to China for the Beijing Auto Show last week. Between…
Apple earnings: iPhone sales in focus as spending pressure, China competition heat up
Oppenheimer’s Martin Yang is taking a neutral position on Apple’s earnings, in light of expected pressures in China. The company’s China weakness seems …
Xi’s trip to Europe may lay bare West’s divisions over China strategy
Chinese President Xi Jinping heads to Europe for the first time in five years next week in a visit that may lay bare European divisions over trade with Beijing and how the continent positions itself…
