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Nov 17 2024POLITICS

Biden's Final Chat with Xi: Trade and Security on the Table

President Joe Biden and China's President Xi Jinping sat down for a private chat during a summit in South America. This was their third and last meeting as Biden's presidency comes to an end. The main topic? China's trade practices and how they affect the US and its allies. Biden made it clear that

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Nov 16 2024POLITICS

Biden and Xi: A Friendship on the Brink

When President Joe Biden meets Chinese President Xi Jinping for the last time this weekend in Peru, it won't just be a casual chat over dinner. The stakes are high, especially with former President Donald Trump's return to the political scene. Trump's unpredictable nature and tough stance on trade w

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Nov 16 2024BUSINESS

New Tariffs Could Hurt Trump-Won States

Imagine a world where President Donald Trump slaps massive tariffs on all Chinese goods. Some experts think it could spark an economic war. Two states that helped Trump win the 2024 election, Nevada and Florida, might feel the most pain. A study by the U. S. -China Business Council and Oxford Econom

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Nov 15 2024POLITICS

America's New Team: China's Challenge Continues

President-elect Donald Trump is shaping his second administration, focusing first on national security. Bold names like Marco Rubio, Michael Waltz, Elise Stefanik, and Robert Lighthizer are on board, all known for being tough on China. This doesn't bode well for U. S. -China relations, as these "Chi

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Nov 14 2024POLITICS

Biden's Last Chat with Xi: What's Next for US-China Relations?

President Joe Biden is set to meet with Chinese President Xi Jinping one last time before he leaves office. This meeting, happening on the sidelines of a Pacific summit in Peru, is a chance for the leaders to reflect on their relationship, which goes back over a decade. However, the shadow of the up

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Nov 14 2024BUSINESS

Surprise: China Isn't as Tech-Backward as You Think

You might be shocked to hear this, but China is not trailing as far behind the West in tech as some people may believe. Brad Smith, the president of Microsoft, has shared his insights after visiting the country. He was impressed by the rapid advancements China has made in technology. So, what's the

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Nov 13 2024POLITICS

Trump's Tariff Threat: A Boon for China's Economy?

President-elect Donald Trump has threatened to impose a hefty 60% tariff on all Chinese goods entering the U. S. While this move might seem like a blow to China's economy, experts suggest it could actually benefit Beijing in the long run. Professor Chen Zhiwu from the University of Hong Kong believe

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Nov 13 2024BUSINESS

Tech Stocks in China's Shadow: What's Next?

Tech companies heavily relying on Chinese manufacturing might face tough times if Donald Trump's trade policies intensify. With Trump's reelection, U. S. -China trade tensions could escalate, potentially hurting businesses with significant exposure to Chinese suppliers. Trump proposed universal tari

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Nov 11 2024FINANCE

Bitcoin Hits New High, Stocks Mixed as China's Stimulus Disappoints

Bitcoin broke records, jumping over $82, 000 on Monday. This comes after the digital coin's rally, fueled by former President Donald Trump's pro-crypto stance. Meanwhile, European markets surged, catching up with last week's Wall Street rally. The DAX in Germany rose 1. 2%, while the CAC 40 in Franc

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Nov 11 2024BUSINESS

Why China and Saudi Arabia are Becoming Travel Buddies

Imagine this: Just half a year ago, flying from China to Saudi Arabia was a hassle. Now, there are five new direct routes! This isn't just about making travel easier; it's part of a bigger story. China's Belt and Road Initiative is teaming up with Saudi Arabia's Vision 2030. This means more flights,

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