Former President and current candidate Donald Trump directed promises of potentially economically devastating tariffs toward China and Mexico during a rally at the Dayton, Ohio airport on Saturday. The twice-impeached face of the Republican party claimed that he would impose a 100-percent tariff on vehicles made in Mexico by Chinese companies, in addition to the … Read more
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China’s weeklong annual parliamentary meetings ended on Monday … Read more
Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more
Wu Qing, Chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress (NPC) in Beijing on March 6, 2024. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images) Wang Zhao | Afp | Getty Images BEIJING — … Read more
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images China wants to unleash a “new leap forward” with “new productive forces” — but President Xi Jinping may need to resort to an old tactic to hit the country’s ambitious growth target this year, one economist warns. Beijing set … Read more
Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% in 2024, Reuters reported Tuesday, citing an official government work report released as part of the country’s annual parliamentary meetings in Beijing. This year’s military budget announcement comes against the … Read more
Investors pay attention to the stock market at a securities business hall in Fuyang city, East China’s Anhui province, Dec 29, 2023. CFOTO | Future Publishing | Getty Images Chinese financial authorities have been striving to prop up the country’s stocks through various measures, including steps aimed at increasing the liquidity in the market, warnings … Read more
The FBI shut down a major China-backed hacking group that attacked hundreds of routers and had been working to compromise U.S. cyber infrastructure, FBI Director Christopher Wray announced Wednesday at a House committee hearing. The hacking group, code-named “Volt Typhoon,” had compromised hundreds of office and home-office routers to allow the Chinese government to access … Read more
Taiwan People’s Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. Presidential candidate Ko Wen-je has sought to portray himself as an alternative to Taiwan’s more established leaders, proposing what he calls a “pragmatic” approach to China ties that might attract some younger voters. I-Hwa Cheng … Read more
Xi Jinping’s crackdown on official corruption has ripped through a secretive missile force, the Communist Party elite, the national football team, and now risks hammering a finance industry already grappling with an economic slowdown. Since rising to power a decade ago, Xi has waged a constant campaign against deep-seated graft that has led to the … Read more
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