China Challenges U.S. at WTO Over Inflation Reduction ActChina “not environmental protection, but ‘discriminatory law'” China has filed a lawsuit at the World Trade Organization (WTO) against the United States’ Inflation Reduction Act (IRA). According to reports from Yonhap News and the WTO on the 27th, the dispute resolution process began at the WTO following China’s request to rectify the discriminatory subsidy execution […]
Apple's iPhone Shipments to China Drop 33% in FebruaryIn February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Former Chinese Football Association President Jailed for Life for BriberyA little over a year ago, former Chinese Football Association President Chen Xuyuan fell from grace, charged with accepting bribes of astronomical proportions. On the 26th, he was sentenced to life in prison without parole. Along with this, his political rights were stripped for life, and his assets were confiscated. It’s safe to say his […]
What do Nike, Tesla, Apple, and Intel Have in Common?Apple, Tesla, Nike, and Intel experienced over a 10% decline in stock prices since the beginning of the yearInvestors, sensing the difficulties faced in China, have begun selling off“It won’t be long before the Chinese economy recovers, and stock prices begin to rebound” American companies with high dependency on the Chinese market see their stock […]
Apple CEO Tim Cook Commits to Increased Investment in ChinaTim Cook, the CEO of Apple, who is currently visiting China, met with Chinese Commerce Minister of Commerce Wang Wentao and promised more investment in China. According to the Chinese Ministry of Commerce’s website and state-run English newspaper China Daily on the 23rd, the two met in Beijing on the 22nd. China Daily released a […]
Former National Soccer Player Son Jun Ho Returns After Year-Long Detention in ChinaSoccer player Son Jun Ho, who had been detained in China on charges of non-state bribery, is back home after his detention ended. It’s roughly been a year since he was imprisoned in May last year. Soccer player Son Jun Ho / News1 On the 25th, the Ministry of Foreign Affairs said, “Son Jun Ho […]
Apple's Vision Pro Set to Release in China Within This YearTim Cook hints at Vision Pro launch in ChinaCan it overcome Apple’s sluggish sales? Apple appears set to launch its virtual reality device, ‘Vision Pro,’ in China sometime this year. On the 25th (local time), CNBC reported that Tim Cook, Apple’s CEO, confirmed in a video from China’s state-run CCTV that the Vision Pro would […]
China's Birth Rate Drops, Over 20,000 Kindergartens Closed Their DoorsSome kindergartens were converted into elderly education centers Due to China’s declining birth rate, over 20,000 kindergartens have closed their doors within the past two years. On the 26th, the Chinese economic media Jeil Economy quoted statistics from the Chinese Ministry of Education, reporting that the number of kindergartens in China as of the end […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery SectorDespite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Apple in Talks with Baidu for AI Integration: A Shift in Strategy?Apple CEO Tim Cook greeted attendees at the grand opening of the new flagship Apple Store, Jing’an, in Shanghai, China, on the 21st (local time). /Xinhua=Newsis Apple is reportedly considering incorporating Baidu’s AI model Ernie Bot into its devices sold in China, such as the iPhone. According to the Wall Street Journal (WSJ), on the […]
U.S. and Japan Eye Defense Treaty Overhaul in the Face of China and North Korea ThreatsThe largest scale since the Mutual Defense Treaty in 1960Propelling the U.S.-Japan combined forces, similar to the South Korea-the U.S. combined forcesThere is a high possibility that the U.S armed forces in Japan will secure operational authority in case of emergency The United States and Japan are preparing for the largest defense treaty revision since […]
North Korea and China Pledge to Deepen Friendship and Cooperation in High-Level TalksKim Song Nam, the director of the International Affairs Department of the Workers’ Party, is visiting China and having a meeting with Chinese Foreign Minister Wang Yi. (Photo=Rodong Sinmun/News1) Kim Song Nam, who is leading the delegation of the North Korean Workers’ Party and visiting China, had a meeting with Wang Yi, the head of […]
China Eases Data Export Restrictions to Attract Foreign InvestmentChinese authorities have decided to ease some rules on companies sending data abroad. This change seems like a reaction to complaints that several rules, like data export limits and security steps, have been too much for foreign investors. It’s led some to leave China altogether. On March 24th (local time), Chinese media outlets like the […]
Analysts Warn of BYD's Vulnerabilities in Global Market Due to Brand ImageAmidst the rapid growth of Chinese electric car manufacturer BYD in its unique domestic market, analysts warn that its expansion strategy is beginning to reveal its limitations amid increased global competition in the electric vehicle industry. The Korea Automobile Research Institute released a report titled ‘The Light and Shadow of BYD’s Global Expansion Strategy’ on […]
U.S.-China Relations in Focus: Yellen's Strategic Visit to Address OverproductionScheduled next month, U.S. Treasury Secretary Janet Yellen is poised to embark on high-level talks in China, focusing on managing U.S.-China relations. This visit marks her first trip to China in nine months, coinciding with rising concerns in global markets about China’s industrial overproduction. Politico reported on March 24th that Yellen will meet with high-ranking officials […]
How a 12-Year-Old Girl Is Teaching College Math OnlineA 12-year-old Chinese girl is causing a local buzz by teaching college-level math problems online. The South China Morning Post (SCMP) recently spotlighted an influencer named ‘Gu’ who tackles college-level math problems on Douyin, China’s version of TikTok. With 2.9 million followers, Gu has gained significant popularity on the platform. According to the report, her […]
10 Exotic Foods Around the World That May Leave You SpeechlessEach country has its own culture and language, and the foods it enjoys are also different. Indiscriminately criticizing unfamiliar dishes from other countries is akin to discriminating against their culture. However, some bizarre foods with outlandish visuals exist that even the locals struggle to enjoy. What odd foods send you chills just by hearing or […]
Xi Jinping to Meet with U.S. CEOs at China Development Forum Amid TensionsWSJ, President Xi is expected to meet U.S. business leaders who will visit “China Development Forum (CDF)”This is seen as President Xi’s direct expression of China’s intention to open up to the outside world, even amid U.S.-China tensions Chinese President Xi Jinping. Xinhua Yonhap News Chinese President Xi Jinping is expected to meet with U.S. […]
Facing China's Military Threats, Taiwan Considers War Tax for Defense FundingMay have experienced the need to enhance the preparation for war Planning to prepare war expenses via financial war game Considering the control of foreign exchange In light of China’s recent, almost daily displays of military power, Taiwan appears to be considering introducing a war tax to bolster its defense budget, implementing China’s intensified pressure on the […]
Country That Visited Japan the Most: China in 3rd Place, Taiwan in 2nd, the 1st is...Last month, South Koreans topped the list of foreigners to visit Japan the most. A photo of an airplane taking off at the Jeju International Airport / Yonhap News The Nihon Keizai Shimbun reported on February 20th that the Japan National Tourism Organization announced that Koreans took up the largest proportion among the 2,788,000 foreign […]
China Challenges U.S. at WTO Over Inflation Reduction Act China “not environmental protection, but ‘discriminatory law'” China has filed a lawsuit at the World Trade Organization (WTO) against the United States’ Inflation Reduction Act (IRA). According to reports from Yonhap News and the WTO on the 27th, the dispute resolution process began at the WTO following China’s request to rectify the discriminatory subsidy execution […]
Apple's iPhone Shipments to China Drop 33% in February In February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Former Chinese Football Association President Jailed for Life for Bribery A little over a year ago, former Chinese Football Association President Chen Xuyuan fell from grace, charged with accepting bribes of astronomical proportions. On the 26th, he was sentenced to life in prison without parole. Along with this, his political rights were stripped for life, and his assets were confiscated. It’s safe to say his […]
What do Nike, Tesla, Apple, and Intel Have in Common? Apple, Tesla, Nike, and Intel experienced over a 10% decline in stock prices since the beginning of the yearInvestors, sensing the difficulties faced in China, have begun selling off“It won’t be long before the Chinese economy recovers, and stock prices begin to rebound” American companies with high dependency on the Chinese market see their stock […]
Apple CEO Tim Cook Commits to Increased Investment in China Tim Cook, the CEO of Apple, who is currently visiting China, met with Chinese Commerce Minister of Commerce Wang Wentao and promised more investment in China. According to the Chinese Ministry of Commerce’s website and state-run English newspaper China Daily on the 23rd, the two met in Beijing on the 22nd. China Daily released a […]
Former National Soccer Player Son Jun Ho Returns After Year-Long Detention in China Soccer player Son Jun Ho, who had been detained in China on charges of non-state bribery, is back home after his detention ended. It’s roughly been a year since he was imprisoned in May last year. Soccer player Son Jun Ho / News1 On the 25th, the Ministry of Foreign Affairs said, “Son Jun Ho […]
Apple's Vision Pro Set to Release in China Within This Year Tim Cook hints at Vision Pro launch in ChinaCan it overcome Apple’s sluggish sales? Apple appears set to launch its virtual reality device, ‘Vision Pro,’ in China sometime this year. On the 25th (local time), CNBC reported that Tim Cook, Apple’s CEO, confirmed in a video from China’s state-run CCTV that the Vision Pro would […]
China's Birth Rate Drops, Over 20,000 Kindergartens Closed Their Doors Some kindergartens were converted into elderly education centers Due to China’s declining birth rate, over 20,000 kindergartens have closed their doors within the past two years. On the 26th, the Chinese economic media Jeil Economy quoted statistics from the Chinese Ministry of Education, reporting that the number of kindergartens in China as of the end […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery Sector Despite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Apple in Talks with Baidu for AI Integration: A Shift in Strategy? Apple CEO Tim Cook greeted attendees at the grand opening of the new flagship Apple Store, Jing’an, in Shanghai, China, on the 21st (local time). /Xinhua=Newsis Apple is reportedly considering incorporating Baidu’s AI model Ernie Bot into its devices sold in China, such as the iPhone. According to the Wall Street Journal (WSJ), on the […]
U.S. and Japan Eye Defense Treaty Overhaul in the Face of China and North Korea Threats The largest scale since the Mutual Defense Treaty in 1960Propelling the U.S.-Japan combined forces, similar to the South Korea-the U.S. combined forcesThere is a high possibility that the U.S armed forces in Japan will secure operational authority in case of emergency The United States and Japan are preparing for the largest defense treaty revision since […]
North Korea and China Pledge to Deepen Friendship and Cooperation in High-Level Talks Kim Song Nam, the director of the International Affairs Department of the Workers’ Party, is visiting China and having a meeting with Chinese Foreign Minister Wang Yi. (Photo=Rodong Sinmun/News1) Kim Song Nam, who is leading the delegation of the North Korean Workers’ Party and visiting China, had a meeting with Wang Yi, the head of […]
China Eases Data Export Restrictions to Attract Foreign Investment Chinese authorities have decided to ease some rules on companies sending data abroad. This change seems like a reaction to complaints that several rules, like data export limits and security steps, have been too much for foreign investors. It’s led some to leave China altogether. On March 24th (local time), Chinese media outlets like the […]
Analysts Warn of BYD's Vulnerabilities in Global Market Due to Brand Image Amidst the rapid growth of Chinese electric car manufacturer BYD in its unique domestic market, analysts warn that its expansion strategy is beginning to reveal its limitations amid increased global competition in the electric vehicle industry. The Korea Automobile Research Institute released a report titled ‘The Light and Shadow of BYD’s Global Expansion Strategy’ on […]
U.S.-China Relations in Focus: Yellen's Strategic Visit to Address Overproduction Scheduled next month, U.S. Treasury Secretary Janet Yellen is poised to embark on high-level talks in China, focusing on managing U.S.-China relations. This visit marks her first trip to China in nine months, coinciding with rising concerns in global markets about China’s industrial overproduction. Politico reported on March 24th that Yellen will meet with high-ranking officials […]
How a 12-Year-Old Girl Is Teaching College Math Online A 12-year-old Chinese girl is causing a local buzz by teaching college-level math problems online. The South China Morning Post (SCMP) recently spotlighted an influencer named ‘Gu’ who tackles college-level math problems on Douyin, China’s version of TikTok. With 2.9 million followers, Gu has gained significant popularity on the platform. According to the report, her […]
10 Exotic Foods Around the World That May Leave You Speechless Each country has its own culture and language, and the foods it enjoys are also different. Indiscriminately criticizing unfamiliar dishes from other countries is akin to discriminating against their culture. However, some bizarre foods with outlandish visuals exist that even the locals struggle to enjoy. What odd foods send you chills just by hearing or […]
Xi Jinping to Meet with U.S. CEOs at China Development Forum Amid Tensions WSJ, President Xi is expected to meet U.S. business leaders who will visit “China Development Forum (CDF)”This is seen as President Xi’s direct expression of China’s intention to open up to the outside world, even amid U.S.-China tensions Chinese President Xi Jinping. Xinhua Yonhap News Chinese President Xi Jinping is expected to meet with U.S. […]
Facing China's Military Threats, Taiwan Considers War Tax for Defense Funding May have experienced the need to enhance the preparation for war Planning to prepare war expenses via financial war game Considering the control of foreign exchange In light of China’s recent, almost daily displays of military power, Taiwan appears to be considering introducing a war tax to bolster its defense budget, implementing China’s intensified pressure on the […]
Country That Visited Japan the Most: China in 3rd Place, Taiwan in 2nd, the 1st is... Last month, South Koreans topped the list of foreigners to visit Japan the most. A photo of an airplane taking off at the Jeju International Airport / Yonhap News The Nihon Keizai Shimbun reported on February 20th that the Japan National Tourism Organization announced that Koreans took up the largest proportion among the 2,788,000 foreign […]
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