China Slashes U.S. Treasury Holdings: Set to Fall Behind UKAs China cuts its holdings of U.S. Treasuries, it is expected to drop to the third-largest holder of U.S. Treasuries after the United Kingdom. According to United News on the 18th, the U.S. Treasury Department reported on the 17th (local time) that as of the end of last February, the Chinese government’s holdings of U.S. […]
Revival of the U.S.-China Trade War? U.S. Mulls Over TariffsOn the 16th (local time), U.S. Trade Representative Katherine Tai revealed her serious contemplation of trade defense actions, including the imposition of tariffs under Section 301 of the Trade Act, in reaction to China’s unfair trade practices. With this announcement, as the U.S. election draws closer this year, it becomes pertinent to monitor whether the […]
Robot or Human? Chinese Restaurant Owner's Performance Leaves Diners Guessing!A restaurant owner in Chongqing, China, who delivers true-to-life robot performances that could easily be mistaken for a genuine android is garnering attention. According to the South China Morning Post (SCMP), on the 10th, a video and photos of a restaurant owner in Chongqing, southwestern China, imitating a mechanoid server went viral online. The 26-year-old […]
Trapped in China: Tourists Held Hostage in Store StandoffA group of Chinese tourists were trapped in a store for several hours after refusing to make purchases. According to foreign media outlets such as the South China Morning Post (SCMP), 37 local tourists who visited Xishuangbanna Dai Autonomous Prefecture in Yunnan Province, China, on the 26th of last month were confined in a bedding […]
Actor's Outburst Prompts Apple to Allow Used Parts for iPhone RepairsThere is a growing interest in why a Chinese actor smashed his iPhone on the ground. Famous Chinese actor Liu Jin, known for his roles in Angel’s Happiness and Green Love, recently posted a video on his Weibo account. In the video, Liu Jin smashes his iPhone on the ground multiple times in front of […]
China's Population Crisis: A Threat to Its Economic Supremacy?Elderly population expected to reach 38% by 2050Retirement age at 60, the world’s lowestThe Hukou System hinders economic growthUrbanization rate must reach 75-80% As China faces complex issues of economic slowdown, low birth rate, and aging population, its status as the world’s second-largest economy is wavering. The Economist recently introduced a solution for China’s population crisis. […]
China's Top Official: 'We Need to Hold Onto Bottom Line of National Security For the Development of Hong Kong"Reuters, Yonhap News A high-ranking Chinese government official in charge of Hong Kong policy emphasized the legitimacy of the Hong Kong version of the National Security Law (Hong Kong National Security Law), which went into full effect last March. According to Reuters on the 15th, Xia Baolong, director of the Hong Kong and Macao Affairs […]
China Calls for Calm in Iran-Israel ConflictAmid fears that a potential retaliation by Israel against Iran could escalate into a full-blown war, China has expressed its stance, urging “all relevant parties to remain calm and restrained so that tensions do not escalate.” Chinese Foreign Ministry spokesperson Lin Jian urged restraint between Iran and Israel during a regular briefing on the 15th. […]
Scholz in China: A Diplomatic Move to Address Trade Disputes and Ukraine CrisisGerman Chancellor Olaf Scholz made his second visit to China after taking office. During his stay, Chancellor Scholz is expected to discuss trade conflicts and the war in Ukraine with Chinese President Xi Jinping. According to Bloomberg, on the 14th, Chancellor Scholz entered China through Chongqing. CEOs from Siemens, Bayer, Merck, BMW, and Mercedes-Benz accompanied […]
Power, Politics, and Pandemics: Zhao Leji's Crucial Role in ChinaOn the 13th, Zhao Leji, the third-ranking Member of the Chinese Communist Party who warmly embraced North Korean Leader Kim Jong Un, is equivalent to the Speaker of the Parliament in China. Zhao is well-known as a close confidant of Chinese President Xi Jinping, the highest-ranking Chinese official to visit North Korea since the two […]
North Korean Leader and Chinese Official Hold Talks on Deepening TiesDuring his visit to North Korea, North Korean leader Kim Jong Un met with China’s Chairman of the Standing Committee of the National People’s Congress, Zhao Leji. According to Yonhap News, on the 14th, the Korean Central News Agency reported that Kim met with the Chinese Party and government delegation that officially visited North Korea […]
Choked by China: South Korea Battles Rising Carbon Monoxide LevelsA U.S. research team has revealed that an alarming amount of carbon monoxide, a pollutant originating from China, has infiltrated South Korea beyond the country’s control. The researchers stated that most of the carbon monoxide that entered South Korea originated from China’s domestic market. According to the scientific and technological community, on the 13th, the […]
Tech War Intensifies: China to Abandon Foreign CPU UseThe Chinese government reportedly instructed domestic telecommunications companies to cease using foreign chips in their network equipment by 2027. The Wall Street Journal (WSJ) reported this on December 12th (local time), citing a knowledgeable source. According to the report, China’s Ministry of Industry and Information Technology ordered the country’s three major state-owned mobile service providers, […]
Morgan Stanley, Upward Adjustment to Xiaomi EV's Target PriceMorgan Stanley, a U.S. investment bank, has announced an upward adjustment to the target price of Xiaomi, citing optimistic electric vehicle sales. While they believe in Xiaomi’s potential power, they further commented that Xiaomi needs to offer more to attract investors. Xiaomi officially launched the SU7 model on March 28, and in just one day, […]
China Intends to Focus South China Sea Dispute Pressure Only on the PhilippinesChina checks trilateral cooperation between the U.S., Japan, and the PhilippinesVietnam walks a tightrope between China and the Philippines China has agreed to set up a naval hotline with Vietnam, a country with territorial disputes in the South China Sea. According to the South China Morning Post (SCMP), on the 13th (local time), Dong Jun, […]
Kim Jong Un and Chinese Official Discuss Strategic Cooperation and FriendshipKim Jong Un warmly welcomed Zhao Leji, the third-ranking official of the Chinese Communist Party and Chairman of the National People’s Congress Standing Committee, who visited North Korea. This is interpreted as a will to narrow the distance with China, which had been relatively distant recently. In photos released by North Korean media, such as […]
Iran Strikes Israel: China Urges Powerful Nations to Prevent EscalationPointing out the United States and called for a solution to the situation. China has voiced its position that an “influential nation” should step in to prevent escalating tensions and halt the Israel-Palestine conflict in response to Iran’s airstrike on Israel. A spokesperson for the Chinese Ministry of Foreign Affairs said on the Ministry of […]
Ukraine to Purchase Chinese DronesU.S. drones cost thousands of dollars more per unitDevelopment limitations due to compliance with communication standardsBan on Chinese components hinders performance As the Russia-Ukraine war turns into a drone battlefield with drones being actively used, Ukraine is extensively using Chinese drones that are superior in terms of price and performance compared to American ones, according […]
Countering China: US-Japan Alliance Commits $2.5 Billion to Philippine DefenseAhead of the first tripartite summit between the United States, Japan, and the Philippines, a bipartisan bill was introduced in the U.S. Senate on the 10th (local time) to strengthen the Philippines’ defense with $2.5 billion in support. According to Reuters, former ambassadors to Japan, Republican Senator Bill Hagerty, and Democratic Senator Tim Kaine, introduced […]
China's Economy on the Rise, According to Goldman Sachs and Morgan StanleyGoldman Sachs and Morgan Stanley have upgraded their growth forecasts for China this year. According to Bloomberg on the 11th, Goldman Sachs predicted in a recent report that the Chinese economy would have grown at an annual rate of 7.5% in the first quarter compared to the previous quarter. The earlier estimate was 5.6%. Goldman […]
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