Beijing

As the U.S. faces a critical vulnerability in its supply chain concerning rare earth supply, economist Craig Shapiro asserts that this situation is fixable, and at a surprisingly manageable cost. What Happened: Rare earth magnets are vital for everything from electric vehicles and AI to...

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading...

Are robots the solution to China's growing aged care problem? The Chinese Ministry of Industry and Information Technology has announced a large-scale trial program to test whether intelligent machines can provide not just physical assistance, but also emotional support for its expanding senior...

The Chinese commerce ministry stated that U.S.-imposed tariffs have adversely affected Chinese airlines and Boeing (NYSE:BA). The ministry has called on Washington to consider the grievances of these companies and promote a stable trade environment. What Happened: This marks Beijing’s first...

The Xi Jinping administration’s Ministry of Commerce has warned against the U.S. using tariffs to coerce other countries into restricting economic and trade cooperation with China. What Happened: According to a recent release by the ministry (translated from Chinese to English using Google...

In response to President-elect Donald Trump’s threats to isolate Chinese goods from the U.S. market, China is reportedly seeking to engage U.S. allies in Europe and Asia to mitigate the potential impact on its economy. What Happened: Trump’s campaign promise to impose tariffs of up to...

Zhu Hengpeng, a prominent economist at a top Chinese think tank, has reportedly been detained and stripped of his roles after allegedly criticizing President Xi Jinping’s economic policies. What Happened: Zhu, who held the position of deputy director at the Institute of Economics at the state...

Tesla Inc.‘s (NASDAQ:TSLA) Optimus humanoid robot was displayed at the World Robot Conference in Beijing, which began on Wednesday. The event saw a record 27 humanoid robots debut. What Happened: While Chinese companies showcased robots performing various tasks like playing the zither and...

In a recent meeting with Hungary’s Prime Minister, Viktor Orbán, Chinese President Xi Jinping took aim at the U.S., calling on world powers to assist Russia and Ukraine in resuming direct dialogue and negotiations. What Happened: The meeting took place on Monday in Beijing, China, and was...

The U.S. and China have reportedly engaged in their first informal nuclear talks in five years, with the Taiwan issue at the forefront. What Happened: The discussions took place in March, with Chinese representatives assuring their U.S. counterparts that they would not resort to nuclear threats...

A JPMorgan Chase & Co analyst, who was previously bearish on China’s tech sector, is now predicting a significant increase in stock prices. What Happened: Alex Yao, the co-head of Asia TMT research at JPMorgan, has made a remarkable shift in his stance on China’s tech sector. Yao,...

Lai Ching-te has been sworn in as the new president of Taiwan, the global semiconductor powerhouse, succeeding Tsai Ing-wen and pledging to continue the island’s policy of de facto independence while strengthening its defenses against China. What Happened: Lai, 64, was inaugurated on Monday,...

Despite the Chinese government’s push for the adoption of the digital yuan, many workers are still hesitant to use it for their daily transactions. What Happened: Sammy Lin, an account manager at a state-owned bank in Suzhou, receives her monthly salary in digital yuan. However, she, like...

Chinese President Xi Jinping concluded his trip to Serbia without visiting the site of the former Chinese embassy, which was bombed by NATO forces. This decision comes after Xi’s public vow to “never forget” the attack, raising speculation about a possible visit. What Happened: Xi...

In a recent meeting in Beijing, U.S. Secretary of State Antony Blinken voiced concerns over China’s support for Russia’s military, potentially straining the ongoing efforts to mend relations between the two countries. What Happened: Blinken, during a five-and-a-half-hour discussion with...