CHINA
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal came on April 17 while he addressed union workers in Pennsylvania. If approved, these imports could see their tariffs “tripled,”
Washington Congressman Halts China’s Acquisition of US Farmland
A Washington congressman successfully piloted an amendment to the House’s fiscal agriculture appropriations...
US Using Export Control Tools to Sanction Chinese Company SenseTime Group
On Dec. 10, the White House released a “Joint Statement on the Export Controls and Human Rights ...
7 Ways China Is Destroying Its Own Economy
News analysis In 2021, China’s economy finds itself in chaos. According to its National Bureau of...
Piper Sandler Analyst Warns Against Chinese Stocks
U.S.-listed Chinese stocks have received quite a beating this year as these companies have come under...
UK Police Investigates Anonymous Bounty On Pro-Democracy Hong Kong Activists
The UK Metropolitan Police has opened an investigation regarding a social media post by pro-Chinese Communist...
Tesla’s Chinese Market Share Declines Despite Steady Output
Tesla’s Shanghai plant continues to churn out vehicles at a steady pace, however, the brand’s market...
Nicaragua Ends Diplomatic Relations With Taiwan, Recognizes Beijing Under ‘One-China’ Policy
Nicaragua’s government announced on Dec. 9 that it would move to officially cut diplomatic ties with...
Lithuania Facing Corporate Boycott Triggered by Beijing
Lithuania is facing a hard time doing business with China after Beijing reportedly instructed multinationals...
Chinese Property Developers to Raise Funds Through Supply Chain Asset-Backed Securities
The Chinese real estate sector is going through tough times as many developers are facing financial troubles...