China
How do people in Asia-Pacific feel about travel right now? It depends on where they live
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website Booking.com. Some 11,000 people in the region were polled about their comfort levels and concerns, […]
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Beijing’s new trade restrictions on Taiwan after Pelosi’s visit are a drop in the ocean
Beijing’s new trade blocks against Taiwan affect about 0.04% of their two-way trade, making them more political than economic. Beijing took action against Taiwan following U.S. House Speaker Nancy Pelosi’s visit to the island earlier this month despite warnings from Beijing. That included suspensions of imports of Taiwanese citrus, frozen fish, sweets and biscuits and […]
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How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey | Getty Images Proposed tax credits of up to $7,500 for electric vehicles under the Inflation […]
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TikTok parent ByteDance acquires private hospital chain
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end healthcare organization called Amcare Healthcare. Bloomberg said the deal is worth $1.5 billion. Amcare Healthcare was founded in […]
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Taiwanese foreign minister says China drills part of a game-plan for invasion
Taiwan Foreign Minister Joseph Wu. Sam Yeh | AFP | Getty Images Taiwan’s foreign minister said on Tuesday that China was using the military drills it launched in protest against U.S. House Speaker Nancy Pelosi’s visit as a game-plan to prepare for an invasion of theself-ruled island. Joseph Wu, speaking at a press conference in […]
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Dozens of fake news websites and social media accounts pushed pro-China talking points
In this photo illustration, the People’s Republic of China flag logo is displayed on a smartphone screen on 25 July 2022. A Chinese marketing firm hosted a ring of at least 72 fake news sites in 11 languages with corresponding fake social media personas that pushed Chinese government talking points, according to research published Thursday. […]
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Biden will keep aircraft carrier group in the South China Sea but postpone missile test
The USS Ronald Reagan (CVN-76) aircraft carrier is seen during a port visit in Hong Kong on October 2, 2017. Anthony Wallace | AFP | Getty Images WASHINGTON — President Joe Biden will keep an American naval aircraft carrier strike group in the South China Sea longer than originally planned in response to Chinese missile […]
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Alibaba shares jump 7% after quarterly earnings beat expectations
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba reported fiscal first-quarter earnings on Thursday that beat […]
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Pelosi’s trip to Taiwan is like ‘pouring salt in an open wound for China’, Stephen Roach says
House Speaker Nancy Pelosi’s trip to Taiwan ramps up U.S.-China tensions and risks pushing the countries further apart, according to one economist. On Wednesday, the top U.S. lawmaker met Taiwan President Tsai Ing-wen in a highly controversial visit that has angered Beijing. “We’re on a trajectory of escalating conflict and this will certainly make matters […]
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Alibaba could see first revenue decline on record but analysts expect sales recovery later this year
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba’s revenue could decline for the first time on […]
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