Our top story this morning: Russia risks becoming an “economic colony” of China as its isolation from the West deepens following the invasion of Ukraine, CIA Director William Burns said on Tuesday.
Tagged By business
America Imported $78.8 Billion in ‘Cell Phones and Other Household Goods’ From China in 2022
Americans imported $75,104,920,094 in Chinese-made cell phones and other household goods. In 2022, the Census Bureau reported last week, Americans imported $78,766,814,842 in Chinese-made cell phones …
China reluctantly keeps sanctions powder dry
As the White House pushes on with sweeping export restrictions to contain China’s rise, President Xi Jinping is starting to retaliate. Officials are swatting U.S. firms like chipmaker Micron …
Why we think Intel may be gearing up to push its GPU Max chips into China
Intel is retooling its Data Center GPU Max lineup just weeks after the departure of Accelerated Computing Group lead Raja Koduri and the cancellation of the x86 titan’s next-gen Rialto Bridge platform …
Chinese exports on recovery trend amid inflation
MAJOR ports across China have reported a drop of empty containers, which industry insiders said is a sign of an export recovery as Chinese products gain a resilient and strong foothold in the world …
US imports bounce back in March despite dwindling China cargo
U.S. imports showed signs of life in March, rebounding from February, but the outlook remains highly uncertain. New data shows that wholesale inventories remain very high, while cargo flows from China …
China’s TikTok Embraces Bitcoin: Is Beijing Loosening Its Control Over Crypto?
The popular Chinese social media platform Douyin is displaying the price of Bitcoin (CRYPTO: BTC) in its search results, possibly indicating a shift in China’s stance on cryptocurrencies. Despite …
US, China unite in effort to rehabilitate Ya Ya the panda bear
The United States and the People’s Republic of China are cooperating on the return and rehabilitation of a giant panda that has lived in Tennessee for decades.
China’s currency could create ‘risk’ for financial system, IMF says
China’s currency stands to “be more predominant in international transactions” in the years to come, according to the International Monetary Fund, raising potential “risks” for global markets.
On the US and China, Macron Says the Quiet Part Out Loud
Three years after describing NATO as “brain dead,” Emmanuel Macron is once again playing transatlantic irritant. After a trip to China that was heavy on business contracts and light on geopolitical …
China in talks on emerging economy debt workout compromise -WSJ
China is negotiating a compromise plan with other major creditors that could help break a logjam in debt-relief talks for struggling developing nations, the Wall Street Journal reported on Tuesday.
China’s Douyin App Takes Down Bitcoin Price Ticker Hours After It Went Live
Bitcoin prices showing up on Douyin seemed to be an indication that Beijing maybe warming up to crypto. However, the ticker being taken down immediately afterwards suggests otherwise.
Brazil’s Lula puts Ukraine peace on his agenda in China
President Luiz Inacio Lula da Silva departed Brazil on Tuesday for an official visit to China, where he aims to convince President Xi Jinping to form a group of nations to mediate an end to…
