Oil Speculators Reduce Bets Amid China Worries
Oil traders have cut their net long positions in Brent and WTI due to concerns over China's economy.
Elon Musk Criticizes US Tariffs on Chinese Electric Vehicles
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.
Chinese Hacking Targets European Cargo Shipping
A top cybersecurity firm, ESET, has uncovered Chinese hacking attempts in the European cargo shipping industry, marking the latest instance of China-aligned groups infiltrating Western economic infrastructure.
U.S. Warns of Economic Impact if Taiwan Chip Production Is Disrupted
Commerce Secretary Gina Raimondo emphasized that a potential Chinese invasion of Taiwan and the takeover of chip manufacturer TSMC would be catastrophic for the U.S. economy.
TikTok Takes the Feds to Court Over Security vs. Free Speech
TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.
Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
The Big Shift in U.S. Imports: More Containers, Higher Prices
Here’s a quick rundown on the latest U.S. import scene: Inflation’s not the only thing on the rise – we’re seeing a significant increase in imports from China, especially after their factories reopened post-Lunar New Year.
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings
China and Russia recently committed to maintaining stability in their industrial supply chains.
Yellen's Firm Stance on China's Industrial Capacity
U.S. Treasury Secretary Janet Yellen recently wrapped up a series of meetings in China, where she firmly addressed the issue of Chinese overproduction and its impact on global markets.
China's Manufacturing Dominance is Shifting Global Trade Dynamics
The global market is currently flooded with goods from Chinese factories, ranging from cars and appliances to computer chips and electronics.
U.S. House Pushes for TikTok Divestment
The U.S. House of Representatives is speeding up a vote next week on a bill that would force China's ByteDance to sell off TikTok within six months or face a U.S. ban.
U.S. Lawmakers Introduce Bill Urging ByteDance to Divest TikTok Over National Security Concerns
A bipartisan group of U.S. lawmakers has introduced legislation to push China's ByteDance, owner of TikTok, to divest the app within six months or face a U.S. ban due to national security concerns over its Chinese ownership.
There Are Shifting US-China Trade Dynamics and WTO Reform
The US's top trade official, Katherine Tai, suggested to the BBC that the sharp decline in trade with China might not be all bad news, hinting at potential benefits from diversification.
Apple Hits Pause on Electric Car Project
Apple has decided to pump the brakes on its electric car project, a move that could positively impact its stock performance, according to a report by Morgan Stanley.
America's Automotive Titans Struggle Amidst Foreign Competition and Policy Dilemmas
The recent woes faced by America's leading automakers - Ford, General Motors, and Stellantis - have gone largely unnoticed amidst their impressive profits.
U.S. Aims to Strengthen Indo-Pacific Defense Cooperation
The U.S. is ramping up defense industrial cooperation with Indo-Pacific partners like Japan, India, and others to bolster supply chain resilience amid threats, particularly from China.
Alibaba Reveals Chinese Government Stakes in Business Units
Alibaba Group Holding Ltd. revealed a deeper involvement of Chinese government entities in its various business arms following an inquiry from the US Securities and Exchange Commission.
There Are Challenges and Opportunities in the U.S.-China Business Relationship
In recent years, American CEOs have been drawn to China's vast consumer market, but doing business there has become increasingly challenging and risky.
TSMC Expands to Japan to Diversify Supply Chains Amid Trade Tensions
Taiwan Semiconductor Manufacturing Company (TSMC) recently inaugurated its inaugural chip plant in Japan, a move aimed at diversifying its supply chains amidst escalating trade tensions between the U.S. and China.
China's Satirical Shift is Navigating Economic Realities and State Narratives
The rise of dark satire in China's online realm sheds light on a growing phenomenon.