This has done little to deter a growing list of other business moguls who have also expressed interest in acquiring the app, which has been under government scrutiny in the US for four years over alleged national security concerns stemming from its Chinese ownership. One of them is former Treasury secretary Steven Mnuchin, who said … Read more
On the closing day of his two-day China visit, Russian President Vladimir Putin spoke highly of the people-to-people ties between the two countries, saying that the Russians and the Chinese are “brothers forever”, state news agency TASS reported. Weighing in on the relations between Moscow and Beijing, the Russian President compared it to a song … Read more
Foreign trade containers are being stacked at the container yard of Qingdao Port in Qingdao, China, on May 14, 2024. Nurphoto | Nurphoto | Getty Images China remains a “critical supplier” to the world and efforts for a full decoupling remain “difficult, if not impossible,” a trade report by Allianz Trade said. Despite talk of … Read more
Chris So | Toronto Star | Getty Images Shares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced it was expecting year-over-year sales growth for fiscal year 2025. Here’s how the company did: Earnings per share: 5 Canadian cents, which may not compare with estimates … Read more
Adora Magic City, the first made-in-China large cruise ship, waits for its first commercial passengers on the dockyard in Shanghai on January 1, 2024. Future Publishing | Future Publishing | Getty Images Travelers entering China via international cruises can stay in select provinces in the country for up to 15 days without a visa, the government … Read more
China’s President Xi Jinping and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on Oct. 18, 2023. Pedro Pardo | Afp | Getty Images Russia’s close relationship with superpower China is under close scrutiny as Russian … Read more
China’s President Xi Jinping (R) and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. Pedro Pardo | Afp | Getty Images Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing … Read more
Shenzhen city skyline. Photographer is my life. | Getty Images China’s Shenzhen has recorded the fastest growth in millionaires over the past decade, and is poised to see a further influx in the coming years, according to a recent report. Shenzhen recorded 140% growth in millionaire count, according to the report from New World Wealth … Read more
The Biden administration’s new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them. U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly … Read more
This is Putin’s first trip abroad since his March re-election. Beijing: Russian President Vladimir Putin arrived in China on Thursday to meet with counterpart Xi Jinping as he seeks greater support from Beijing for his war effort in Ukraine and his isolated economy. This is Putin’s first trip abroad since his March re-election and the … Read more
