U.S. Expands Semiconductor Export Controls, Targets China and AlliesOn December 12, 2023, Alan Estevez, the U.S. Deputy Secretary of Commerce for Industry and Security, gave a keynote speech at a U.S.-Korea Economic Security Conference in Washington, D.C. The conference was co-hosted by the Korean Strategic Materials Management Agency (KOSTI), the James Martin Center for Nonproliferation Studies (CNS), and the Strategic Trade Research Institute […]
Yemeni Rebels Strike Deal: Chinese and Russian Ships Safe in Red SeaYahya Sarea, a military spokesperson for Yemen’s Houthi rebels, issued a statement on the 15th in Sanaa, Yemen, threatening to attack ships passing through the Red Sea as a sign of protest against the United States and Israel. /EPA, United Following the outbreak of war between Israel and Hamas, Yemen’s Houthi rebels have been attacking […]
Chinese Millennials Seek Fortune in Lottery Amid Economic UncertaintyLottery sales in China hit a record high last year, and the game is gaining popularity. Analysts suggest that Chinese youths, struggling with the most severe unemployment crisis ever, are buying lottery tickets to vent societal frustrations and pinning their hopes on striking it rich overnight. According to a Bloomberg report on the 21st, citing […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western FirmsAs Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
Apple's CEO Tim Cook Hits the Ground in China: Here's WhyTim Cook of Apple has finally made a personal visit due to a slowdown in sales in China. Apple CEO Tim Cook met with suppliers, including Biel Crystal, on the 20th as sales in China decreased, emphasizing China’s importance in the supply chain. Cook revealed on his SNS post that he enjoyed a local breakfast […]
China's Foreign Minister Seeks Business-Friendly Environment for Chinese Companies in AustraliaMinister Wang suggested the U.S. should not influence the bilateral relationship Wang Yi, the top diplomat of China, visited Australia for the first time in seven years. As this visit thaws the atmosphere between China and Australia, Wang emphasized that the third party should not interfere with the bilateral relationship, raising the voice of restraint […]
An Innocent Habit That May Lead to CancerA patient with external ear cancer used earpick daily for nearly 10 years. Mr. Zhou, a 50-year-old from Guangzhou, China, visited a hospital due to pain and discharge from his left ear. After conducting tests, the doctor informed Mr. Zhou that he had external ear cancer. Surprised, Mr. Zhou asked, “Can you get cancer in […]
US, Japan, and Philippines to Hold a 'Trilateral Consultative Meeting'Japan is in conflict with China in the East China Sea and the Philippines in the South China Sea. ⓒAP/Yonhap News The United States and Japan are set to launch a consultative summit with the Philippines. The Associated Press and others reported that President Joe Biden of the United States has invited Philippine President Ferdinand […]
Chinese Middle School Boys Murdered and Buried ClassmatesRecently, in China, a brutal murder case has shocked the nation: A 13-year-old middle school student who was cruelly killed and secretly buried by three of his classmates. On the 19th, China Central Television (CCTV) reported heated debates about appropriate punishment for underage offenders in light of the tragic murder case that unfolded in Handan […]
Putin, Xi's May Summit: Closer Look at Russia-China Strategic PartnershipVladimir Putin, who has been confirmed for a fifth term as the Russian president, will hold a summit with Chinese President Xi Jinping in China in May. According to Yonhap News on the 19th, Reuters reported that President Putin will visit China in May to hold a summit with President Xi Jinping. It is expected […]
US, Japan, and Philippines Launch Tripartite Forum to Counter ChinaAfter the South Korea-US-Japan alliance, the Philippines will attend a new summit with Japan to discuss China’s territorial assertiveness in the South and East China Seas. The United States is launching a trilateral summit body with Japan and the Philippines. Following the South Korea-US-Japan consultative body, a dominant analysis shows that pressure on China is […]
Xi Jinping Sends a Congratulatory Message to Russian President Vladimir PutinXi Jinping, who has been in power for 12 years as the General Secretary of the Communist Party of China and President of the People’s Republic of China, recently sent a congratulatory message to Russian President Vladimir Putin, who secured’ 30 years in power’ in the recent election on the 18th. According to a report […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg FindsYonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
China, Angola Upgrade Relationship to Comprehensive Strategic PartnershipThe Chinese President Xi Jinping has agreed to upgrade the relationship between China and Angola to a “comprehensive strategic partnership” through a summit with the President of Angola, João Lourenço. According to the state-run New China News Agency, on the 16th, the two countries announced a joint statement focusing on upgrading their relations the day […]
China's Xi Jinping Congratulates Putin on 30-Year PresidencyXinhua United News President Xi Jinping, who has been in power in China for 12 years, congratulated Vladimir Putin, the President of Russia, who has confirmed his “30-year rule.” According to China Central Television (CCTV), Xi congratulated Putin, “In recent years, the Russian people have united to overcome challenges and have steadily advanced on the […]
China's State-Run Media Strongly Criticizes 'Summit for Democracy'“Promoting the democracy of the US, Korea takes the lead” ⓒReuters/Yonhap News China’s state-run media strongly criticized South Korea regarding the “3rd Summit for Democracy” that opened in Seoul on the 18th. According to China’s state-run Xinhua News Agency, the Chinese Foreign Ministry claimed on the 17th that the Summit for Democracy led by the […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 3In addition, the U.S., Australia, China, and Japan are actively pursuing the development of stealth unmanned combat aircraft. However, the reality is that much of the stealth unmanned combat aircraft development in the UK, France, Russia, China, and Japan, excluding the U.S. and Australia, is shrouded in mystery. Even a part of it has not […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 1According to a recent report by The Wall Street Journal (WSJ), the U.S. Air Force is accelerating its development of artificial intelligence (AI)- based unmanned combat aircraft. The report states that the U.S. Department of Defense plans to select two defense companies by this summer to develop AI-based unmanned combat aircraft, also known as “Collaborative […]
'Pro-China' Brazil Launches Anti-Dumping Investigation Into Chinese Steel and Other ProductsInvestigation of 6 sectors, including chemicals and tiresInventories piled up as China’s domestic demand shrinks, exported at low pricesInvestigation could escalate trade tensions Photo=Reuters Yonhap News Brazil, known for its friendly relations with China, has launched an anti-dumping investigation targeting China. This move comes as a countermeasure against China’s low-cost export of surplus products due […]
2nd Richest Man in China Faces Permanent Ban from Stock Market - Here's WhyXu Jiayin, the chairman of Evergrande who once rode the Chinese real estate boom to become the second-richest person in Asia, has fallen from grace as Chinese securities authorities permanently banned him from entering the stock market. Evergrande once became China’s second-largest real estate developer, but in 2021, it began defaulting on offshore bonds. It […]
U.S. Expands Semiconductor Export Controls, Targets China and Allies On December 12, 2023, Alan Estevez, the U.S. Deputy Secretary of Commerce for Industry and Security, gave a keynote speech at a U.S.-Korea Economic Security Conference in Washington, D.C. The conference was co-hosted by the Korean Strategic Materials Management Agency (KOSTI), the James Martin Center for Nonproliferation Studies (CNS), and the Strategic Trade Research Institute […]
Yemeni Rebels Strike Deal: Chinese and Russian Ships Safe in Red Sea Yahya Sarea, a military spokesperson for Yemen’s Houthi rebels, issued a statement on the 15th in Sanaa, Yemen, threatening to attack ships passing through the Red Sea as a sign of protest against the United States and Israel. /EPA, United Following the outbreak of war between Israel and Hamas, Yemen’s Houthi rebels have been attacking […]
Chinese Millennials Seek Fortune in Lottery Amid Economic Uncertainty Lottery sales in China hit a record high last year, and the game is gaining popularity. Analysts suggest that Chinese youths, struggling with the most severe unemployment crisis ever, are buying lottery tickets to vent societal frustrations and pinning their hopes on striking it rich overnight. According to a Bloomberg report on the 21st, citing […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western Firms As Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
Apple's CEO Tim Cook Hits the Ground in China: Here's Why Tim Cook of Apple has finally made a personal visit due to a slowdown in sales in China. Apple CEO Tim Cook met with suppliers, including Biel Crystal, on the 20th as sales in China decreased, emphasizing China’s importance in the supply chain. Cook revealed on his SNS post that he enjoyed a local breakfast […]
China's Foreign Minister Seeks Business-Friendly Environment for Chinese Companies in Australia Minister Wang suggested the U.S. should not influence the bilateral relationship Wang Yi, the top diplomat of China, visited Australia for the first time in seven years. As this visit thaws the atmosphere between China and Australia, Wang emphasized that the third party should not interfere with the bilateral relationship, raising the voice of restraint […]
An Innocent Habit That May Lead to Cancer A patient with external ear cancer used earpick daily for nearly 10 years. Mr. Zhou, a 50-year-old from Guangzhou, China, visited a hospital due to pain and discharge from his left ear. After conducting tests, the doctor informed Mr. Zhou that he had external ear cancer. Surprised, Mr. Zhou asked, “Can you get cancer in […]
US, Japan, and Philippines to Hold a 'Trilateral Consultative Meeting' Japan is in conflict with China in the East China Sea and the Philippines in the South China Sea. ⓒAP/Yonhap News The United States and Japan are set to launch a consultative summit with the Philippines. The Associated Press and others reported that President Joe Biden of the United States has invited Philippine President Ferdinand […]
Chinese Middle School Boys Murdered and Buried Classmates Recently, in China, a brutal murder case has shocked the nation: A 13-year-old middle school student who was cruelly killed and secretly buried by three of his classmates. On the 19th, China Central Television (CCTV) reported heated debates about appropriate punishment for underage offenders in light of the tragic murder case that unfolded in Handan […]
Putin, Xi's May Summit: Closer Look at Russia-China Strategic Partnership Vladimir Putin, who has been confirmed for a fifth term as the Russian president, will hold a summit with Chinese President Xi Jinping in China in May. According to Yonhap News on the 19th, Reuters reported that President Putin will visit China in May to hold a summit with President Xi Jinping. It is expected […]
US, Japan, and Philippines Launch Tripartite Forum to Counter China After the South Korea-US-Japan alliance, the Philippines will attend a new summit with Japan to discuss China’s territorial assertiveness in the South and East China Seas. The United States is launching a trilateral summit body with Japan and the Philippines. Following the South Korea-US-Japan consultative body, a dominant analysis shows that pressure on China is […]
Xi Jinping Sends a Congratulatory Message to Russian President Vladimir Putin Xi Jinping, who has been in power for 12 years as the General Secretary of the Communist Party of China and President of the People’s Republic of China, recently sent a congratulatory message to Russian President Vladimir Putin, who secured’ 30 years in power’ in the recent election on the 18th. According to a report […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg Finds Yonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
China, Angola Upgrade Relationship to Comprehensive Strategic Partnership The Chinese President Xi Jinping has agreed to upgrade the relationship between China and Angola to a “comprehensive strategic partnership” through a summit with the President of Angola, João Lourenço. According to the state-run New China News Agency, on the 16th, the two countries announced a joint statement focusing on upgrading their relations the day […]
China's Xi Jinping Congratulates Putin on 30-Year Presidency Xinhua United News President Xi Jinping, who has been in power in China for 12 years, congratulated Vladimir Putin, the President of Russia, who has confirmed his “30-year rule.” According to China Central Television (CCTV), Xi congratulated Putin, “In recent years, the Russian people have united to overcome challenges and have steadily advanced on the […]
China's State-Run Media Strongly Criticizes 'Summit for Democracy' “Promoting the democracy of the US, Korea takes the lead” ⓒReuters/Yonhap News China’s state-run media strongly criticized South Korea regarding the “3rd Summit for Democracy” that opened in Seoul on the 18th. According to China’s state-run Xinhua News Agency, the Chinese Foreign Ministry claimed on the 17th that the Summit for Democracy led by the […]
U.S. Boosts Development of AI Unmanned Fighter Jets to Check China - Part 3 In addition, the U.S., Australia, China, and Japan are actively pursuing the development of stealth unmanned combat aircraft. However, the reality is that much of the stealth unmanned combat aircraft development in the UK, France, Russia, China, and Japan, excluding the U.S. and Australia, is shrouded in mystery. Even a part of it has not […]
'Pro-China' Brazil Launches Anti-Dumping Investigation Into Chinese Steel and Other Products Investigation of 6 sectors, including chemicals and tiresInventories piled up as China’s domestic demand shrinks, exported at low pricesInvestigation could escalate trade tensions Photo=Reuters Yonhap News Brazil, known for its friendly relations with China, has launched an anti-dumping investigation targeting China. This move comes as a countermeasure against China’s low-cost export of surplus products due […]
2nd Richest Man in China Faces Permanent Ban from Stock Market - Here's Why Xu Jiayin, the chairman of Evergrande who once rode the Chinese real estate boom to become the second-richest person in Asia, has fallen from grace as Chinese securities authorities permanently banned him from entering the stock market. Evergrande once became China’s second-largest real estate developer, but in 2021, it began defaulting on offshore bonds. It […]
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