CHINA

Oct 28 2024FINANCE

China's Big Budget Meeting: What to Expect

Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c

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Oct 28 2024POLITICS

President Biden's Balancing Act: AI's Potential and Risks

In the final stretch of his term, President Joe Biden has laid out clear rules for using artificial intelligence in national security. He wants to make sure the US keeps up with competitors like China while also avoiding AI's darker sides, like launching nukes or limiting free speech. The new plan,

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Oct 28 2024POLITICS

Cyber Meddling: Russia, China, and Iran's Election Plans

It's no secret that foreign countries are stirring up trouble online ahead of the US election. Microsoft's Threat Analysis Center (MTAC) is warning that Russia, China, and Iran are all stepping up their online campaigns. Russia is busy bad-mouthing Vice President Kamala Harris with fake videos. Thes

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Oct 28 2024POLITICS

Friendship in a Shifting World: Xi and Putin Meet at BRICS

At the BRICS summit in Kazan, Russia, two powerful leaders, Xi Jinping of China and Vladimir Putin of Russia, came together. They talked about something important: how their countries stick together, even when the world keeps changing. Xi shared that even though things are moving fast, their friends

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Oct 27 2024POLITICS

Afghanistan and China: New Trade Ties in the Making

China has made a bold move, offering the Taliban-led Afghanistan tariff-free access to its industries. This could mean big things for both countries. China wants to tap into Afghanistan's rich mineral resources, like lithium and copper, which could help its economy. Meanwhile, the Taliban, who took

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Oct 27 2024TECHNOLOGY

iPhone 16 Helps Apple Regain Lead in China's Smartphone Market

Apple has climbed back to the top of China's smartphone market, thanks to the success of the iPhone 16. The company now holds 15. 6% of the market, just ahead of Huawei, which has 15. 3%. This is a significant turnaround for Apple, which fell to sixth place in the second quarter. Huawei has also ma

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Oct 27 2024POLITICS

Suspected Chinese Hackers Target Trump, Vance, and Harris' Camps

Did you know that federal authorities believe Chinese hackers might have gotten access to phones or networks used by big politicians like Donald Trump, Senator JD Vance, and even members of Vice President Kamala Harris's presidential campaign team? It's crazy, right? They think the hackers first inf

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Oct 27 2024POLITICS

The U. S. Boosts Taiwan's Defense with $2 Billion Arms Deal

In a move that's expected to ruffle feathers in China, the United States has approved a major arms sale to Taiwan. The deal, valued at $2 billion, includes advanced surface-to-air missile systems and cutting-edge radar technology. This is the first time Taiwan will receive such sophisticated defense

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Oct 27 2024POLITICS

North Korea's Troops in Ukraine: A Wake-Up Call for China

Imagine if your best friend started hanging out with a new pal who wasn’t too popular. That’s kind of what’s happening between China and North Korea. This weekend, North Korean soldiers could start fighting in Ukraine alongside Russian troops. This is a big deal because North Korea and Russia are bu

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Oct 26 2024TECHNOLOGY

China's Smartphone Market: Who’s on Top and What’s Next?

In the third quarter of 2024, China's smartphone market saw a slight bump, with around 69 million phones shipped—a 3. 2% increase from last year. This marks the fourth straight quarter of growth, mostly thanks to local brands. Vivo, for instance, boosted its sales by 21. 5%, staying at the top spot

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