Rubio calls out JPMorgan Chase CEO Jamie Dimon, sounds 'alarm' over partnership with TikTok parent Bytedance
In a letter to JPMorgan Chase CEO Jamie Dimon, Senator Marco Rubio expressed "strong concern" over a reported partnership between the bank and TikTok parent company ByteDance.
Impact of geopolitical tumult on businesses to continue in 2023, say risk experts
The previous year brought Europe’s largest armed conflict since World War II and broad complications to business in Russia, as well as public displays of tension between the U.S.
Jim Jordan heads new committee to investigate 'weaponization' of federal government: 'This is crazy stuff'
Rep. Jim Jordan discusses a new subcommittee tasked with oversight of the Biden administration's weaponization of the federal government and China's economic progress.
Copper tops $9,000 for first time since June
The price of copper is up $9,013.50 on the London Metal Exchange as investors anticipate increased Chinese demand.
TikTok CEO discusses new regulations with EU leaders as app faces US bans
TikTok CEO Shou Zi Chew met with members of the EU on Tuesday to discuss how the social media company will adhere with strict new digital regulations in Europe.
JPMorgan CEO Jamie Dimon on China: ‘We shouldn’t be afraid’
JPMorgan CEO Jamie Dimon says the U.S. 'shouldn't be afraid' of China, and that American businesses pulling out of the country would not be good for consumers.
China’s EV sales broke record in 2022 as overall auto market stalled
More than 4 million of new-energy vehicles sold were all-electric vehicles, five times more than that sold in the U.S. last year, cementing China’s place as the world’s top EV market.
Oil spikes on reopened China and ‘hopes’ of refinery supply
The price of West Texas Intermediate is rising on Monday after China reopened its borders and refineries.
China Tesla buyers protest price cuts: video
Tesla consumers who purchased vehicles at the end of 2022 are protesting in China after the electronic vehicle pioneer dropped prices of two models after poor sales numbers.
Chinese billionaire Jack Ma to give up control of Ant Group
A restructuring of China's Ant Group has founder and billionaire Jack Ma giving up control of the company.
Tesla cuts prices in China amid slump in deliveries
Tesla cut prices for its Model 3 and Model Y vehicles in China by 6% to 13.5% on Thursday amid a slump in deliveries, according to the company's website.
Blockade of Taiwan by China could cost world economy over $2 trillion, report finds
A report by the Rhodium Group estimates that a blockade of Taiwan by China could cause a "catastrophic" disruption of more than $2 trillion in global economic activity.
Former GE employee sentenced for conspiring to steal trade secrets for China
A former employee of General Electric Power was sentenced to two years in prison for conspiring to steal GE's trade secrets on behalf of the Chinese government.
World's largest iPhone factory back to 90% capacity in China: Report
The world's largest iPhone factory in Zhengzhou, China, has resumed 90% capacity after being shut down for months due to the government's zero-COVID policies.
Huawei stabilizes as sanctions impact wanes
Huawei says its sales decline is leveling off following the imposing of sanctions on the company by the U.S.
Apple production in China begins to catch up despite COVID-19 woes
Foxconn's iPhone 14 pro factory in Zhengzhou, China is continuing to be plagued by COVID-19, workers protests, and employees quitting at Apple's factory.
Kansas governor bans TikTok on government-issued devices
Kansas Gov. Laura Kelly banned TikTok on government-issued devices on Wednesday, joining at least a dozen other states that prohibit the Chinese social media app.
China’s EV market will slow in 2023. That still leaves it ahead.
China's ev market is likely to slow in 2023 as subsidies expire. Without disounts on electric vehicles, fewer consumers will be able to afford them.
Senate probes major automakers over alleged link to Uyghur forced labor in China
The Senate Finance Committee is investigating eight major automakers after a report linked their supply chains to the use of Uyghur forced labor in Xinjiang, China.
Alabama university blocks TikTok from network and devices
Auburn University in Alabama blocked TikTok from its network and devices over cybersecurity concerns with the video-sharing app.
















