China’s leaders plot pivot back toward boosting economy
The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.
Georgia Gov. Brian Kemp bans TikTok in Peach State executive agencies
Georgia Governor Brian Kemp on Thursday became the latest Republican executive to ban state agencies from using TikTok, which is owned by the Chinese company ByteDance.
Biden administration plans to blacklist over 30 Chinese companies: report
The U.S. Department of Commerce plans to add over 30 Chinese companies to a trade blacklist next week, according to a new report.
South Dakota Gov. Kristi Noem calls for crackdown on Chinese farmland purchases
South Dakota Governor Kristi Noem is calling for a crackdown on Chinese purchases of U.S. farm land in her state, the latest in a series of anti-China actions.
China-US chip battle heats up as Beijing prepares to spend $143B to boost manufacturing: report
Beijing is preparing a $145 billion package to bolster its semiconductor manufacturing in a move to curb U.S. cuts. The U.S. is pushing companies to cut China ties.
China calls for oil to be traded with yuan at Gulf summit in Saudi Arabia
Chinese President Xi Jinping called on the top oil producing nations to accept oil purchases with the Chinese yuan in a move to boost nation's currency.
Foxconn invests $500M in India business as Apple reconsiders China production
Apple's main iPhone manufacturer Foxconn has expanded its efforts to cut ties with China and invested $500 million into an existing plant in India.
Texas governor bans TikTok, Indiana launches investigations into Chinese-owned app
Texas banned the use of TikTok by state agencies over cyber security concerns and Indiana launched an investigation into the platform for exposing minors to adult material.
Biden admin drags its feet on TikTok security deal as Republicans sound alarms
President Biden's administration is dragging its feet on negotiations with TikTok to let the Chinese-owned company operate in the U.S. long-term amid concerns of data security.
China’s Xi Jinping meets with Saudi rulers in economic power play: 'No longer a competitor'
China and Saudi Arabia will look to finalize about 20 deals that would result in about $29 billion in investments that would also expand Beijing's influence in the region.
Maryland governor bans use of TikTok by state agencies
Maryland Gov. Larry Hogan issued a ban on Chinese and Russian-influenced platforms like TikTok, that could open the state up to cybersecurity risks.
US debt explosion funded by Americans, not foreign countries, posing risks to economic growth
The rapid growth in U.S. government debt is being financed by domestic U.S. entities, not foreign governments, and that shift poses risks to economic growth.
Foxconn’s November revenue fell 11% after Covid outbreak at iPhone factory
Foxconn Technology, a final assembler of Apple iPhones saw an 11% drop in it's revenue compared to this time last year as "zero-COVID" protests rock China.
Tesla shares sink amid China production slowdown rumors
Shares of Tesla fell on Monday after a report hinted at a 20% decrease in Model Y production at the electric automaker's facility in Shanghai, China's largest city.
Foxconn plans to reopen world’s largest iPhone factory amid China covid protests
Foxconn announced Monday that plans to reopen the world's largest iPhone factory are underway as the company seeks to hire new workers.
US manufacturing orders in China drop 40% amid COVID-19 lockdowns: report
U.S. manufacturing orders are reportedly down 40% in China as the country grapples with the latest round of stringent COVID-19 lockdowns.
Apple looking to move iPhone production out of China in wake of violent worker protests: report
Apple is accelerating a plan to move its business outside of China following the violent protests at its iPhone City plant in recent weeks.
US judge dismisses indictment against Huawei CFO that strained relations with China
A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co.
‘Chinese propaganda arm’ stealthily using TikTok to bash ‘mostly Republicans’: report
According to Forbes, a media account run by China's communist government has been attempting to influence American politics, mostly by bashing Republican politicians.