China's Economic Ambitions Face Harsh Reality CheckThe reality of China’s G2 economy, which aims to surpass the United States in quality and quantity, is reportedly quite grim. In particular, the realities of low income and unemployment are likely more horrific than we might assume. China seems to have a long way to go to maintain its G2 status and achieve its […]
Yellen's Mission in China: Containing Industrial OverproductionAs global concerns over China’s oversupply of low-cost products intensify, the U.S. and China have agreed to hold official talks to discuss this issue. This agreement reflects the strong will of the U.S., while China expressed serious concerns about U.S. export control policies. Janet Yellen, the U.S. Treasury Secretary visiting China, emphasized the need to […]
Russia's Lavrov Eyes China Support in Upcoming VisitRussian Foreign Minister Sergey Lavrov is reported to be officially visiting China on the 8th and 9th, with a pivotal agenda slated for discussions with high-ranking Chinese officials, including Wang Yi (Member of the Political Bureau of the CPC Central Committee and the Director of the Office of the Central Commission for Foreign Affairs). However, […]
China's Response to School Violence: Smart Voice Detectors to the RescueLocal News Report on Smart Voice DetectorCapable of Notifying Emergency Following a harrowing school violence incident in China, where a middle school student was killed and concealed by classmates, measures such as the deployment of Smart Voice Detectors that detect abusive language or cries for help in schools are attracting attention. According to recent local […]
U.S. Takes on China: Investigation into Unfair Shipbuilding Trade Practices BeginsThe United States government is expected to launch an investigation into the unfair practices of the Chinese shipbuilding industry following a petition from the United Steelworkers Union (USW). Analysts anticipate that this could potentially benefit the Korean shipbuilding industry. According to a report by the Korea Trade-Investment Promotion Agency (KOTRA) on the 7th, Sanction to […]
Yellen Warns of Global Economic Threat from China's OverproductionU.S. Treasury Secretary Janet Yellen has started her visit to China, raising concerns about the overproduction capacity of Chinese manufacturing. According to Bloomberg News, on the 5th, Secretary Yellen arrived in Guangzhou, southern China, the previous afternoon. This is her first visit to China in seven months since July last year. During her visit, which […]
South Korea Investigates AliExpress and Temu Over Data PrivacyThe government has investigated the data collection and usage practices of Chinese e-commerce companies like AliExpress and Temu, which are eroding the domestic market with ultra-low-cost policies. This comes as the U.S. Congress is pushing for a law to ban the use of the Chinese platform TikTok over fears of personal data leaks. The move […]
US Pressures Netherlands to Cease Maintenance of Chinese Semiconductor EquipmentThe Biden administration plans to persuade the Dutch government next week to block semiconductor equipment company ASML from providing equipment maintenance services to China. The administration’s push will extend beyond the Netherlands to Japan, Germany, and South Korea. According to Reuters on the 4th (local time), Alan Estevez, Under Secretary of Commerce for Industry and […]
Alibaba's Chairman Daniel Zhang: 'We're Changing Global Perception'“Alibaba is not just a company trying to monopolize the market with cheap Chinese products. We are a global business, and we believe it’s important to change consumers’ perception worldwide.” According to the Chinese IT media outlet ZAKER on the 4th, Daniel Zhang, the chairman of China’s largest e-commerce company, Alibaba, made this statement in […]
Yellen Flags Concerns Over China's Overproduction Amid Tariff SpeculationRemarks on China’s overproduction and mentioning of measuresYellen keeps silent on potential additional tariffs U.S. Treasury Secretary Janet Yellen disclosed that additional protective measures against China were being considered before she visited the country. According to Axios, a U.S. online media outlet, Yellen made these remarks in Anchorage before departing for China on the 3rd […]
Chinese Fishermen Missing Following Collision with Panamanian ShipOn the morning of the 3rd, a collision between a Panamanian container ship and a Chinese fishing vessel occurred about 25 miles off the coast of southern Hainan Province in China, resulting in eight missing fishermen. China Central Television (CCTV) quoted the Hainan Maritime Search and Rescue Center as saying that at around 12:15 a.m. […]
Revolution on Wheels: BYD's Global Electric Pickup TruckBYD plans to release an electric pickup truck for the global market this year. It’s a medium-to-large segment model introduced through China’s CarNewsChina in October last year. At the time, it was said to be launched by 2023, but it wasn’t. This time, CnEVPost introduced a prototype wrapped in camouflage. According to the media, the […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest MarketOver the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Biden and Xi Jinping's First Call Since November Talks: Commitment to Sustaining Communication ChannelsDiscussion on South China Sea, Taiwan, and North Korean Nuclear Threats in Biden-Xi Jinping conversationBiden raises concerns over TikTok with Xi JinpingTreasury Secretary Yellen’s visit to China scheduled for the 3rd to 9th Amid escalating tensions between the United States and China, President Joe Biden and Chinese President Xi Jinping engaged in their first dialogue […]
China's Deadly Storm Killed Three as Winds Destroy ApartmentsStrong winds killed 4 and injured 12 [Photo: SHINE, English Media of Shanghai Daily] In China, three residents sleeping in an apartment died due to strong winds. According to SHINE, in Nanchang, Jiangxi Province, Eastern China, two older adults and a child fell from an apartment damaged by strong winds. All three residents died on […]
China's Fake Pro-Trump Accounts Attack Biden, Meddle in U.S. Presidential ElectionAttack on Biden after impersonating fervent Trump fanSimilar to China’s 2016 U.S. presidential election meddling Reports have emerged from foreign media that fake social media accounts, seemingly backed by the Chinese government, are posing as supporters of former President Donald Trump before launching attacks on President Joe Biden. The New York Times (NYT) reported on […]
Eight Chinese Immigrants Found Dead on Mexican ShoreMexican prosecutors presumed deaths in boat capsizingLast year, 37,000 Chinese illegally entered the U.S. According to Reuters, eight Chinese immigrants were found dead off the southern coast of Mexico. On the 1st (local time), the Oaxaca state prosecutor’s office in Mexico announced that the nationality of the eight bodies found on the beach of Playa […]
China Blasts U.S. Export Restrictions, Global Industry on EdgeU.S. Announces Revised Export Regulations on January 29“Serious Impact on Cooperation between China and Foreign Companies” China has criticized the U.S.’s semiconductor export regulations towards the country, claiming they are causing uncertainty in the global semiconductor industry. According to Reuters on the 1st (local time), He Yadong, a spokesman for the Chinese Ministry of Commerce, […]
Japan's Oldest Panda Dies of Heart Disease at 29The panda Shuang Shuang at Japan’s Kobe Oji Zoo The panda Shuang Shuang (female, born in September 1995) at Japan’s Kobe Oji Zoo passed away on the 31st of last month after suffering from severe heart failure (the most serious level of heart disease) for several years. The Panda Cooperation Agreement between China and the […]
Think Tanks From Five Countries Predict China to Overtake U.S. as World's Largest Economy by 2035Competing with the United States for global economic dominance, China is expected to surpass the U.S. GDP by around 2035. However, achieving this goal requires maintaining an annual growth rate of about 5%, with a minimum of 4%, making it challenging. On the 1st, China’s Global Times reported, according to a joint research report by […]
China's Economic Ambitions Face Harsh Reality Check The reality of China’s G2 economy, which aims to surpass the United States in quality and quantity, is reportedly quite grim. In particular, the realities of low income and unemployment are likely more horrific than we might assume. China seems to have a long way to go to maintain its G2 status and achieve its […]
Yellen's Mission in China: Containing Industrial Overproduction As global concerns over China’s oversupply of low-cost products intensify, the U.S. and China have agreed to hold official talks to discuss this issue. This agreement reflects the strong will of the U.S., while China expressed serious concerns about U.S. export control policies. Janet Yellen, the U.S. Treasury Secretary visiting China, emphasized the need to […]
Russia's Lavrov Eyes China Support in Upcoming Visit Russian Foreign Minister Sergey Lavrov is reported to be officially visiting China on the 8th and 9th, with a pivotal agenda slated for discussions with high-ranking Chinese officials, including Wang Yi (Member of the Political Bureau of the CPC Central Committee and the Director of the Office of the Central Commission for Foreign Affairs). However, […]
China's Response to School Violence: Smart Voice Detectors to the Rescue Local News Report on Smart Voice DetectorCapable of Notifying Emergency Following a harrowing school violence incident in China, where a middle school student was killed and concealed by classmates, measures such as the deployment of Smart Voice Detectors that detect abusive language or cries for help in schools are attracting attention. According to recent local […]
U.S. Takes on China: Investigation into Unfair Shipbuilding Trade Practices Begins The United States government is expected to launch an investigation into the unfair practices of the Chinese shipbuilding industry following a petition from the United Steelworkers Union (USW). Analysts anticipate that this could potentially benefit the Korean shipbuilding industry. According to a report by the Korea Trade-Investment Promotion Agency (KOTRA) on the 7th, Sanction to […]
Yellen Warns of Global Economic Threat from China's Overproduction U.S. Treasury Secretary Janet Yellen has started her visit to China, raising concerns about the overproduction capacity of Chinese manufacturing. According to Bloomberg News, on the 5th, Secretary Yellen arrived in Guangzhou, southern China, the previous afternoon. This is her first visit to China in seven months since July last year. During her visit, which […]
South Korea Investigates AliExpress and Temu Over Data Privacy The government has investigated the data collection and usage practices of Chinese e-commerce companies like AliExpress and Temu, which are eroding the domestic market with ultra-low-cost policies. This comes as the U.S. Congress is pushing for a law to ban the use of the Chinese platform TikTok over fears of personal data leaks. The move […]
US Pressures Netherlands to Cease Maintenance of Chinese Semiconductor Equipment The Biden administration plans to persuade the Dutch government next week to block semiconductor equipment company ASML from providing equipment maintenance services to China. The administration’s push will extend beyond the Netherlands to Japan, Germany, and South Korea. According to Reuters on the 4th (local time), Alan Estevez, Under Secretary of Commerce for Industry and […]
Alibaba's Chairman Daniel Zhang: 'We're Changing Global Perception' “Alibaba is not just a company trying to monopolize the market with cheap Chinese products. We are a global business, and we believe it’s important to change consumers’ perception worldwide.” According to the Chinese IT media outlet ZAKER on the 4th, Daniel Zhang, the chairman of China’s largest e-commerce company, Alibaba, made this statement in […]
Yellen Flags Concerns Over China's Overproduction Amid Tariff Speculation Remarks on China’s overproduction and mentioning of measuresYellen keeps silent on potential additional tariffs U.S. Treasury Secretary Janet Yellen disclosed that additional protective measures against China were being considered before she visited the country. According to Axios, a U.S. online media outlet, Yellen made these remarks in Anchorage before departing for China on the 3rd […]
Chinese Fishermen Missing Following Collision with Panamanian Ship On the morning of the 3rd, a collision between a Panamanian container ship and a Chinese fishing vessel occurred about 25 miles off the coast of southern Hainan Province in China, resulting in eight missing fishermen. China Central Television (CCTV) quoted the Hainan Maritime Search and Rescue Center as saying that at around 12:15 a.m. […]
Revolution on Wheels: BYD's Global Electric Pickup Truck BYD plans to release an electric pickup truck for the global market this year. It’s a medium-to-large segment model introduced through China’s CarNewsChina in October last year. At the time, it was said to be launched by 2023, but it wasn’t. This time, CnEVPost introduced a prototype wrapped in camouflage. According to the media, the […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest Market Over the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Biden and Xi Jinping's First Call Since November Talks: Commitment to Sustaining Communication Channels Discussion on South China Sea, Taiwan, and North Korean Nuclear Threats in Biden-Xi Jinping conversationBiden raises concerns over TikTok with Xi JinpingTreasury Secretary Yellen’s visit to China scheduled for the 3rd to 9th Amid escalating tensions between the United States and China, President Joe Biden and Chinese President Xi Jinping engaged in their first dialogue […]
China's Deadly Storm Killed Three as Winds Destroy Apartments Strong winds killed 4 and injured 12 [Photo: SHINE, English Media of Shanghai Daily] In China, three residents sleeping in an apartment died due to strong winds. According to SHINE, in Nanchang, Jiangxi Province, Eastern China, two older adults and a child fell from an apartment damaged by strong winds. All three residents died on […]
China's Fake Pro-Trump Accounts Attack Biden, Meddle in U.S. Presidential Election Attack on Biden after impersonating fervent Trump fanSimilar to China’s 2016 U.S. presidential election meddling Reports have emerged from foreign media that fake social media accounts, seemingly backed by the Chinese government, are posing as supporters of former President Donald Trump before launching attacks on President Joe Biden. The New York Times (NYT) reported on […]
Eight Chinese Immigrants Found Dead on Mexican Shore Mexican prosecutors presumed deaths in boat capsizingLast year, 37,000 Chinese illegally entered the U.S. According to Reuters, eight Chinese immigrants were found dead off the southern coast of Mexico. On the 1st (local time), the Oaxaca state prosecutor’s office in Mexico announced that the nationality of the eight bodies found on the beach of Playa […]
China Blasts U.S. Export Restrictions, Global Industry on Edge U.S. Announces Revised Export Regulations on January 29“Serious Impact on Cooperation between China and Foreign Companies” China has criticized the U.S.’s semiconductor export regulations towards the country, claiming they are causing uncertainty in the global semiconductor industry. According to Reuters on the 1st (local time), He Yadong, a spokesman for the Chinese Ministry of Commerce, […]
Japan's Oldest Panda Dies of Heart Disease at 29 The panda Shuang Shuang at Japan’s Kobe Oji Zoo The panda Shuang Shuang (female, born in September 1995) at Japan’s Kobe Oji Zoo passed away on the 31st of last month after suffering from severe heart failure (the most serious level of heart disease) for several years. The Panda Cooperation Agreement between China and the […]
Think Tanks From Five Countries Predict China to Overtake U.S. as World's Largest Economy by 2035 Competing with the United States for global economic dominance, China is expected to surpass the U.S. GDP by around 2035. However, achieving this goal requires maintaining an annual growth rate of about 5%, with a minimum of 4%, making it challenging. On the 1st, China’s Global Times reported, according to a joint research report by […]
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