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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

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 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 06 2024BUSINESS

China Southern's Nonstop US Trips: What You Need to Know

Did you know China Southern Airlines is one of the biggest in China? They fly to nearly 200 places in 35 countries with over 650 planes. Let's chat about their nonstop flights to the US in November. First, there's Guangzhou (CAN) to New York (JFK). That's a whopping 8, 000 miles one way. In Novembe

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Nov 06 2024POLITICS

China's Message to U. S. Elections

As Americans voted in the 2024 presidential election, China sent a message through its embassy in the U. S. The Chinese spokesperson, Liu Pengyu, said that China won't interfere in the election, calling it an internal U. S. matter. Instead, China hopes to work with the U. S. , no matter who wins. Th

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Nov 05 2024BUSINESS

Prepare for Price Hikes: Tech Gadgets May Get More Expensive After Election

Are you a fan of the latest gadgets? Get ready to dig deeper into your pockets after the upcoming election. Tech companies are gearing up for potential price increases on popular devices like laptops, smartphones, and game consoles. Why? Blame it on tariffs—a fancy word for taxes on imports. These t

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