Stanley Black & Decker had planned to open its brand new 425,000-square-foot, $90 million factory in Fort Worth, Texas by the end of 2020, but it was delayed until 2021. As relations between the US…
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China’s Xi unexpectedly skipped a key BRICS event. No one is saying why
feels no obligation to provide explanations about why its foreign minister was replaced or its top leader was a no show at the BRICS Business Forum. Anything can be a state secret,” said Glaser with…
Growing Warnings: Biden Could Get Scorched by Green Dependency on Red China
Reducing greenhouse gas emissions to net zero by 2050, as the White House has called for, will almost assuredly make the United States dependent on China while enriching Beijing. China currently …
China and Hong Kong to toughen import restrictions on Japan foods
Hong Kong, a special administrative region of China, will ban imports of fishery products from Fukushima, Tokyo and eight other prefectures from Thursday. “The discharge will spread the risks of …
China’s Xi Attends BRICS Dinner But Skips Business Forum
Chinese President Xi Jinping attended a leaders’ dinner hosted by his South African counterpart on Tuesday after skipping an earlier scheduled appearance at a business forum. Xi arrived at the dinner …
China, Africa trade continues to grow
China has remained Africa’s largest trading partner over the past decade. Bilateral trade increased 14.8 percent year-on-year and amounted to 1.87 trillion yuan in 2022, with South Africa, Nigeria and …
China Charges Official With Life Imprisonment in Crypto Mining Case
A court in China sentenced a former party official to jail for life, accusing him of taking advantage of his political functions. In particular, the official, Yi Xiao, accepted $17 million in bribes …
US Secretary of Commerce to Visit China to Discuss Trade Relationship as Imports from Mexico Surge
Gina Raimondo will travel to Beijing and Shanghai as Mexico has replaced China as a top source for US imports.
US commerce chief Gina Raimondo to visit China for three days seeking ‘constructive discussion’
Raimondo in trip to Beijing and Shanghai plans to raise Washington’s concerns about weak transparency in Beijing’s economic and national security data.
China is furious with Japan’s plan to release treated Fukushima water into the ocean
The imminent Fukushima water release comes more than a decade after Japan was rocked by the second-worst nuclear disaster in history. Japan’s government has repeatedly said the discharge of the …
Fintech giant Ant Group, back in Beijing’s good graces, uses Alipay+ to burnish Hangzhou’s tech image for Asian Games
The fintech affiliate of Alibaba is expanding support to several Asian e-wallets through its Alipay+ service to smooth travel to its home city After its IPO was quashed in 2020, Ant is now a central…
What China’s economic troubles mean for the world
China’s economy was expected to roar back to life. Zero-covid had been abandoned; the country’s shoppers and tourists allowed to roam free. Yet the hoped-for rebound has fizzled out. gdp growth, which …
Analysis-Arm’s China relationship complicates IPO
The upcoming listing of semiconductor technology firm Arm Holdings Ltd is supposed to be strong medicine for what has been ailing the U.S. IPO market, as well as provide a shot in the arm for…