CHINA

Nov 18 2024BUSINESS

Imports and Pandemics: How U. S. Trade Has Shifted

Since 2018, there's been a steady split between the U. S. and China's economies due to trade tensions. Then a surprising twist: the COVID-19 pandemic in 2020. How did this affect U. S. imports? Let's look at how U. S. importers dealt with the trade war and the pandemic lockdowns. We'll explore the i

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Nov 18 2024BUSINESS

China's Retaliation Risks: What U. S. Companies Fear

With Donald Trump's administration adopting a tough stance on China, U. S. companies are worried about becoming targets of retaliation. Trump has threatened high tariffs and ending reliance on China, which could disrupt supply chains and increase prices for consumers. The Chinese government might re

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Nov 17 2024POLITICS

President Xi Meets Biden, Looks Ahead to Trump Era

Chinese President Xi Jinping met with outgoing U. S. President Joe Biden in Peru. The meeting, held on the sidelines of the Asia-Pacific Economic Cooperation forum, was their first in seven months. Xi promised to work with the incoming Trump administration, despite ongoing tensions. Key issues like

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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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