China-US Container Fright Rates Reach New Heights, Jump 40% in a WeekContainer freight rates from China to the United States have significantly increased this month. The increase in Chinese consumption has...
Microsoft Offers Global Opportunities to Chinese Staff as US-China Relations TightenMicrosoft Corporation’s China headquarters is encouraging its employees to consider overseas assignments. Microsoft announced on the 16th (local time) that it is asking some of its China-based employees to consider overseas assignments as tensions between the US and China continue to escalate due to AI and semiconductor technologies. According to the Wall Street Journal, Microsoft […]
Blast Off to China: Rise of Space Tourism in HainanThe space tourism business in Wenchang, in Hainan Province, China, is making headlines.According to ...
Caught in the Act: U.S. Accuses Chinese Firms of Backing Putin in Ukraine ConflictThe U.S. has voiced concerns over the meeting between Russian President Vladimir Putin and Chinese President Xi Jinping in Beijing. According to AFP on the 16th (local time), Vedant Patel, a U.S. State Department spokesman, said during a briefing, “China cannot have it both ways.” He added, “It is impossible to wish for deepening ties […]
White House Targets Chinese Solar Imports: Tariffs on Dual-sided Panels and Blocking Circumventing Exports through Southeast AsiaThe U.S. government has decided to reimpose tariffs on made-in-China dual-sided solar panels. This move comes on the heels of increasing tariffs on China-made solar cells to 50%, which doubles the existing rate, and shows that the U.S. government is targeting the Chinese solar industry. The White House announced on the 16th (local time) that […]
Biden Administration Escalates Trade War with New China TariffsThe US government has dropped a tariff bomb on China, increasing tariffs steeply on Chinese electric vehicles and batteries. In response, our government is assessing the impact by closely monitoring the situation. On the 16th, the Ministry of Trade, Industry, and Energy held a joint public-private meeting chaired by Deputy Minister Yang Byung Nae and […]
Is America Missing the Mark on Electric Cars?Following Europe, opinions have been expressed in the U.S. that securing competitiveness is a priority rather than regulating Chinese electric vehicles. It is argued that it is not the right way for the Biden administration to increase tariffs on Chinese electric vehicles to 100%. Jameson Dow, a journalist who specializes in EVs and sustainable energy, […]
Chinese Restaurant Owner Caught Using Opium Poppies as SpiceA self-employed individual in China has been caught using opium poppies as a spice for hot pot.The p ...
Commerce Chief Warns: Chinese Cars Could Track Your Every MoveOn May 15th (local time), U.S. Commerce Secretary Gina Raimondo announced plans to introduce regulations on Chinese-made connected vehicles this fall. According to Reuters, Secretary Raimondo stated this during her appearance before a U.S. Senate Appropriations Committee subcommittee, emphasizing that “the risk to national security is significant.” Secretary Raimondo suggested that the U.S. could take […]
Hitting China Where It Hurts: Biden Raises Tariffs on Electric Cars and SemiconductorsThe Biden administration in the United States has significantly increased trade barriers against China by quadrupling the tariff on Chinese electric vehicles to 100% and imposing high tariffs on some semiconductors. This move appears to preemptively block the entry of Chinese low-cost exports into the U.S. market while demonstrating its willingness to watch over China […]
Biden's Trade Tactics: New Tariffs Targeting Chinese Electric CarsThe Biden administration in the United States is expected to announce a comprehensive decision on tariffs against China as early as this Tuesday, according to Bloomberg News on May 9, 2024. This is expected to target key strategic sectors while rejecting the comprehensive tariff hike pushed by former President Donald Trump. The U.S. government plans […]
U.S. and China Face Off in High-Level AI Risk SummitThe United States and China are slated to hold their first high-level talks on the dangers of AI...
Biden Targets Unfair Chinese Trade Practices with New Tariff PolicyAs early as the 14th, Biden announced directlyIncluding electric vehicles, batteries, semiconductors ...
Is Xi Jinping the New Emperor? How China's Leader Cemented Power and Eyes a Fifth TermAs Xi Jinping, the General Secretary and President of China, has been making waves from east to west ...
China's Illegal Island Construction? Philippines Spots Suspicious Activity in South China SeaPhilippine government has deployed coast guard vessels to a disputed area...
Tesla's China Sales Dip: What's Behind the Drop in April Figures?Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
World's Largest Peppa Pig Park Coming to ShanghaiA Peppa Pig-themed park is being established in Shanghai, China. According to China Daily, the game company Hasbro is partnering with China’s Max-Matching Entertainments to invest more than $372 million in the construction of a Peppa Pig Theme Park. Owen Zhao, President of Max-Matching Entertainments, said, “It will be an immersive theme park with various […]
Secret Rover on Chinese Moon Mission? Unidentified Object Sparks SpeculationAmid China’s recent launch of the lunar probe Chang’e-6, attention is focused on an unidentified payload seen in the released photos. Some speculate that this object could be a secret rover that has not been disclosed. According to Live Science, a U.S. science-specialized media outlet, on the 7th (local time), the China Academy of Space […]
Hungary Welcomes China's Investment: A Strategic Move Amid EU's ResistanceChinese President Xi Jinping (left) and Hungarian Prime Minister Viktor Orban. Photo: Xinhua/Yonhap ...
Chinese Competitors Steal South Korean Semiconductor Secrets: Industrial Spies ConvictedA view of a chip manufactured on a semiconductor wafer using silicon as the raw material. The photo ...
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