CHINA

Advertisement
Dec 18 2024POLITICS

Lawmakers Bump Up Troop Pay, Face Off on China and Culture

Washington saw a major defense bill pass through the Senate, focusing on significant pay hikes for junior military personnel. The bill, totaling $895 billion, also targets China's growing influence. Strikingly, it removes medical coverage for transgender children of military members. The measure fac

reading time less than a minute
Dec 18 2024POLITICS

Congress Agrees on Disaster Aid and Farm Support in Budget Deal

Just before the holidays, Congress passed a temporary spending bill. This bill keeps the government running until March 14 and includes over $100 billion in emergency aid for natural disasters. These disasters include Hurricanes Helene and Milton. The bill also provides $10 billion to help farmers f

reading time less than a minute
Dec 17 2024POLITICS

Biden's China Tech Deal: A Risky Move?

President Joe Biden's team has just agreed to a five-year extension of a science and technology sharing agreement with China, originally set up by President Jimmy Carter. The problem? China has a history of using this knowledge to boost its military power. While the State Department claims new safeg

reading time less than a minute
Dec 16 2024BUSINESS

Tesla's China Demand Soars, Analysts Bullish on Stock

Tesla is seeing a surge in vehicle insurance registrations in China, which is a good sign for demand in this key electric vehicle (EV) market. The company's registrations jumped 17% last week, making it one of the best weeks ever for Tesla. This comes as China's demand for Tesla vehicles continues t

reading time less than a minute
Dec 15 2024POLITICS

China's Friendship Offer Ahead of Trump's Inauguration

This week, President Xi Jinping of China indicated that Beijing is ready to work with the incoming U. S. President, Donald Trump, to resolve trade disputes. In a letter to a U. S. -China business council, Xi underlined the importance of choosing dialogue over conflicts and cooperation over competiti

reading time less than a minute
Dec 14 2024POLITICS

US and China Team Up on Science, but with New Rules

The United States and China have decided to play nice in the science and tech sandbox for another five years. They've refreshed a 40-year-old agreement, but this time with some new rules. The pact, which was almost left in the past, now has more focus on basic research and keeps a closer eye on safe

reading time less than a minute
Dec 13 2024POLITICS

U. S. and China Update Science Pact: A New Era of Tech Rivalry

In a move reflecting the changing times, the U. S. has revamped its old science and technology agreement with China. The new deal, inked after lengthy talks, is smaller in scope and has extra safeguards to keep national security safe. The State Department says it protects intellectual property and e

reading time less than a minute
Dec 13 2024POLITICS

Why China's Navy is Buzzing Around Taiwan

You know how China views Taiwan, right? They see it as part of their territory. Over the weekend, Taiwan's Defense Ministry spotted 14 Chinese warships, seven military planes, and even four balloons around the island. This isn't new; China often sends their forces near Taiwan. But this time, it's be

reading time less than a minute
Dec 13 2024POLITICS

China's Military Moves Near Taiwan: What's Behind It?

Tensions are heating up around Taiwan. The island's Defense Ministry reported that China's navy and coast guard have been moving vessels in the Taiwan Strait and the Western Pacific. This comes after Taiwan's President Lai Ching-te visited Hawaii and Guam, which didn't sit well with Beijing. China s

reading time less than a minute
Dec 10 2024BUSINESS

U. S. Approves Microsoft's AI Chip Export to UAE

In a surprising move, the U. S. government has given the green light for advanced AI chips to be shipped to a facility in the UAE operated by Microsoft. This export is part of a significant partnership between Microsoft and a local AI firm called G42, according to reports from Axios. The U. S. is ai

reading time less than a minute