FINANCE
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,”
Data Shows Massive Decline in US-China Trade
News analysis The economies of the United States and China are rapidly decoupling from each other,...
Proposed CCP Policy Threatens Rare Bright Spot in China’s Economy
While China’s economy sputters amid a number of economic crises, recently tabled legislation by the Chinese...
YouTube Blogger Uncovers Fake EV Boom in China
China boasts the world's most robust registration figures for electric cars, especially Chinese models...
Intel Announces Launch of ‘Innovation Hub’ in Shenzhen
One of the world's industry leaders in CPU production, Intel, announced it will launch a new facility...
Chasing Higher Interest Rates, Chinese Resort to ‘Special-forces’ Banking
A tightening of financial regulations in mainland China has many on edge as more people report experiences...
Federal Reserve Hikes Interest Rates to Highest Level Since 2001
On July 26 (Wednesday), the U.S. Federal Reserve raised interest rates by 25 basis points. It’s the 11th...
China Loses Spot as Top US Trading Partner to Mexico
Mainland China, who took the throne as America’s number one trading partner from Canada in 2014, has...
Orange County, NY Chosen for Location of New Tesla Parts Distribution Facility, Hundreds of Jobs to Be
By the end of this year, electric vehicle giant Tesl, will be setting up a new parts distribution facility...
Hollywood Franchises Are ‘More and More Nonsense’ Say China Theatregoers as Revenue Declines
Whatever love affair Mainland China’s moviegoers may have had with Hollywood’s offerings appears to be...