ECONOMICS
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
China Fights New COVID-19 Waves in Zhejiang and Xi’an, Quarantining Thousands
Recently, the epidemic situation in the cities of Ningbo, Shaoxing and Hangzhou in southeastern China...
US-listed Chinese Companies Lost $600 Billion This Year
According to the U.S.-China Economic and Security Review Commission, there were 248 Chinese companies...
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance...
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime...
American Families Struggling Under Weight of Inflation
Last month, the rate of inflation rose by 6.8 percent, the highest jump in around four decades. Families...
‘A Big Failure for the United States’: Florida’s DeSantis on Investing in China
Florida Gov. Ron DeSantis and his administration announced on Dec. 20 that they would move to take control...
Beijing Demands $210 Million From China’s ‘Queen of Live Streaming’ Viya
Chinese tax authorities have hit live-stream shopping influencer Huang Wei, known to her fans as Viya...
China Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety...
Sen. Rubio: Consulting Firm That Served Pentagon Lied About Its Links to Chinese Government
According to Senator Marco Rubio from Florida, the world’s largest management and consulting firm McKinsey...