China
Chinese gaming stocks jump after Beijing approves new titles in a sign scrutiny is easing
Since April 2022, Chinese regulators have begun approving video games again after a months-long freeze in signs Beijing’s crackdown on gaming is easing. Feature China | Future Publishing | Getty Images Shares of Chinese gaming companies rose Wednesday after regulators approved a slew of new games, a sign that some of the headwinds for the […]
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U.S. Treasury diplomat nominee aims to curb China’s lending influence
Jay Shambaugh, associate professor of economics at the George Washington University, speaking at a macro policy discussion in the U.S. on Wednesday, April 17, 2013. The nominee for the U.S. Treasury’s top economic diplomacy job said on Tuesday he wants to limit China’s growing global lending influence by working with international financial institutions and development […]
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Chinese companies are going global as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes called China’s Muji, Miniso opened a flagship store in New […]
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U.S. greenhouse gas emissions have caused over $1.8 trillion in global economic losses, study says
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greatest greenhouse gas emitters, have each caused global economic losses of more than $1.8 trillion from 1990 to 2014, according […]
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Op-ed: The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror
More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study. Srdjanpav | E+ | Getty Images With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency […]
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India set to overtake China as the world’s most populous country in 2023, UN says
People photographed in Bengaluru, Karnataka, India. According to the UN, India is home to over 1.4 billion people. Peter Adams | Stone | Getty Images India is on track to overtake China as the planet’s most populous country next year, according to a U.N. report published on Monday. The report, from the population division of […]
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Blinken raises concerns with China’s Wang Yi over Russia alignment
US Secretary of State Antony Blinken speaks about US policy towards China during an event hosted by the Asia Society Policy Institute at George Washington University in Washington, DC, on May 26, 2022. Jim Watson | AFP | Getty Images U.S. Secretary of State Antony Blinken said on Saturday he had discussed Russian aggression in […]
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Why tensions between China and Taiwan are on the rise
In May, President Joe Biden issued a stark warning to China: The U.S. would come to Taiwan’s defense militarily if China were to invade. “That’s the commitment we made,” Biden said in response to a question over the U.S.’ intention to protect Taiwan. “We agree with the ‘One China’ policy. We signed on to it.” […]
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Tesla sells record high number of China-made vehicles in June
A driver in PPE moves a new Tesla passenger car from Shanghai off a ro-ro ship in the port in Yantai in east China’s Shandong province Monday, April 25, 2022. Tang Ke | Feature China | Getty Images Tesla in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, […]
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U.S. mulls fresh bid to restrict chipmaking tools for China’s SMIC
The Biden administration is considering new targeted restrictions on shipments of chipmaking tools to China, seeking to hamstring advances by China’s largest chipmaker, SMIC, without slowing the flow of chips into the global economy, five people familiar with the matter told Reuters. The Commerce Department, which oversees export policy, is actively discussing the possibility of […]
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