Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific region. Follow them on X at @CurtisSChin and @JoseBCollazo. As 2023 comes to a close, we take a look at the year that was in … Read more
Japan and Thailand are two of the most popular places to visit in Asia. But both are losing ground with Chinese nationals as safety concerns rise among younger travelers. Both countries were the top choices for Chinese holidaymakers earlier this year but fell in the third quarter — Thailand to No. 6 and Japan to … Read more
An Exxon Mobil gas station in Las Vegas on July 25, 2023. Bridgett Bennett | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more
Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise. Sports tourism, as it’s called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. The market is massive, and only stands to grow, … Read more
Taiwanese flags during the National Day celebration in Keelung, Taiwan, on Monday, Oct. 9, 2022. I-Hwa Cheng | Bloomberg | Getty Images China suspended tax concessions on 12 chemical compound imports from Taiwan in retaliation for what Beijing deems to be a violation of a trade agreement, just weeks ahead of key elections in the … Read more
China has slapped export controls on graphite, a key mineral used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the world’s economy off planet-heating fossil fuels. The measures, announced Friday in a joint declaration from Beijing’s Ministry of Commerce and the … Read more
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images The chair of a powerful House committee is drilling down on Shein’s data privacy practices and its relationship with the Chinese Communist Party as the fast-fashion giant moves closer to a U.S. initial public offering. Reps. … Read more
At a quiet cemetery in eastern China, bereaved father Seakoo Wu pulls out his phone, places it on a gravestone and plays a recording of his son. They are words that the late student never spoke, but brought into being with artificial intelligence. “I know you’re in great pain every day because of me, and … Read more
The United States is entangled in an emotional debate about antisemitism and free speech on college campuses. The latest speech debate in China is about a chef’s video on how to make egg fried rice. Egg fried rice is a staple of Chinese home cooking and one of the first dishes many Chinese learn to … Read more
George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock … Read more
