Admiral Samuel Paparo, who heads the U. S. Indo-Pacific Command (INDOPACOM), recently warned about the potential for Russia to boost China's submarine technology, thereby challenging U. S. naval dominance in the region. During a security forum, Paparo expressed concerns about Russia sharing its adva
HSBC is optimistic about China's economic turnaround, thanks to recent government measures. Two stocks they're eyeing for 2025 are KE Holdings and Hongfa Technology. KE Holdings, a real estate player, might see a big boost if the property market rebounds. HSBC thinks its stocks could jump by over 70
Marriott International's CEO, Anthony Capuano, recently shared some good news. Despite laying off over 800 corporate workers, he believes the company's business is solid. The hotel chain's growth is looking up, with a 3% increase in worldwide revenue per available room (RevPar) in the third quarter.
As the United States prepares to welcome a new president, global leaders are looking for stability in their relationships with China. The outgoing US President, Joe Biden, has pledged not to let competition with China turn into conflict, while the incoming President, Donald Trump, has promised a mor
You might have heard that China has a big plan. They’re thinking about giving local governments some cash early for big projects. This money comes in the form of special bonds. Normally, the government decides how much debt these local folks can take on in the fourth quarter. But this time, they mig
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
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
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
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
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
