CHINA

Nov 03 2024POLITICS

China’s Take on the US Election: Hope vs. Reality

China is closely watching the US election, but many people there don’t expect much change in the tense relationship between the two countries. Whether it’s Trump or Harris who wins, it seems like US policy toward China will stay the same. The past four years have seen both tariffs and talk of better

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Nov 02 2024BUSINESS

ASEAN: The Unexpected Winner in U. S. -China Trade Clashes

You might not think of Southeast Asia as a big player in the trade war between the U. S. and China. But the Association of Southeast Asian Nations (ASEAN) has been quietly making gains. The International Monetary Fund (IMF) says ASEAN has been strengthening its trade and investment links with both c

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Nov 02 2024POLITICS

The South China Sea: Trade Routes and Tensions

The South China Sea is a busy waterway where several countries, including China, have been arguing about who owns it. China claims almost all of it, but other countries like the Philippines and Vietnam disagree. This dispute has become more serious in recent years, and some experts worry it could ev

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Nov 01 2024BUSINESS

BYD's EV Sales Surge: Beating Tesla in Revenue

In a surprising turn of events, Chinese electric vehicle (EV) giant BYD has outshone Tesla in quarterly revenue for the first time. BYD's net profit soared by 11. 5% to $1. 63 billion in the third quarter, with total revenue hitting $28. 24 billion, a 24% jump from the same period last year. This im

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Nov 01 2024POLITICS

China's Navy Takes Its First Dual Aircraft Carrier Operation Out for a Spin

Imagine this: China's navy, the world's largest, just did something brand new. They took two of their aircraft carriers out for a ride in the South China Sea. This isn't just any ordinary cruise, though. The navy was practicing how to work together with both carriers. The stars of the show were CNS

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Nov 01 2024POLITICS

Cuban Warns: Trump's Tariffs Could Make Christmas Gifts Too Expensive

Billionaire businessman Mark Cuban recently shared his thoughts on former President Donald Trump's proposed tariffs on China. While appearing on The View, Cuban warned that if Trump wins the upcoming election, families might struggle to afford Christmas gifts due to increased prices. Most holiday pr

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Nov 01 2024POLITICS

EU Stands up to Chinese Car Dumping

In a big move this week, the EU took a stand against China by imposing tariffs on Chinese electric vehicle (EV) manufacturers. These tariffs, ranging from 17% to 35. 3%, were put in place after talks between the EU and China broke down. The tariffs are meant to tackle the heavy subsidies that the Ch

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Nov 01 2024POLITICS

Sparking a Drone Dilemma: China's Sanctions on Skydio

US-based drone maker Skydio has found itself in a tricky situation. Last month, China decided to sanction the company. Why? Because Skydio sold its drones to Taiwan’s national fire service. This news came from Skydio’s CEO, Adam Bry, in a blog post. Before the sanctions, Skydio mostly got its batte

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Oct 31 2024POLITICS

Taiwan's Future: A Pawn or an Outcast?

Former President Donald Trump recently stirred up a debate by suggesting that Taiwan should pay the U. S. for protection against China. China, which sees Taiwan as its territory, warned that the U. S. could abandon Taiwan at any time. Taiwan is a key player in the semiconductor industry, a sector vi

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Oct 31 2024BUSINESS

Markets Watch BOJ Decision and China PMI

Investors in the Asia-Pacific region are keeping a close eye on a couple of big events today. First up is the Bank of Japan's (BOJ) rate decision. Experts think the BOJ will keep rates steady at 0. 25%, but everyone will be scrutinizing the statement for any hints about the next rate hike. Meanwhile

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