China COVID-19 lockdowns hit factories, ports in latest knock to supply chains
With COVID-19 flaring up across China, major manufacturers are shutting factories, ports are clogging up and workers are in short supply as officials impose city lockdowns and mass testing on a scale unseen in nearly two years.
In the race for batteries, one scientist has seen it all
There's a global arms race afoot to improve battery technology.
China fines Japanese-owned 7-Eleven for calling Taiwan a country
The Chinese communist government fined the Japanese-owned 7-Eleven convenience store chain in Beijing more than $23,000 for labeling Taiwan a country.
Chinese man pleads guilty to stealing Monsanto trade secret
A Chinese national admitted in federal court Thursday that he stole a trade secret when he worked for Monsanto and one of its subsidiaries in Missouri, federal prosecutors said.
Laptops, cracked screens help explain supply chain crisis
The world of consumer devices, specifically laptops, has not only been hit particularly hard during the pandemic, it's a perfect metaphor for the problems with modern-day supply chains, according to experts.
China's bid to host a 'carbon-neutral' Olympics derided as a 'sleight-of-hand'
China says it will pursue a "carbon-neutral" Olympics, but some have raised doubts.
November trade deficit hits near record-high $80.2 billion
The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed while imports jumped sharply
Hong Kong Disneyland to temporarily close as omicron cases surge
The park will temporarily close from Jan. 7 to 20, 2022, while resort hotels will remain open with adjusted levels of service and restaurant and recreation facility services will be adjusted based on local regulations.
China Mobile records flat opening on Shanghai market after raising China's largest IPO in over a decade
China Mobile moved to Hong Kong and then Shanghai after the U.S. placed it on the blacklist for investment.
Tesla activists call for China showroom closure
Activists want Elon Musk to scrap a new Tesla showroom in China's Xinjiang region due to the government's alleged human rights abuses against mostly Muslim ethnic minorities.
China accuses Walmart of 'stupidity and shortsightedness' amid claims it pulled Xinjiang products
China is intensifying its scrutiny of Walmart amid reports that it was no longer supplying products from Xinjiang, where the government has been accused of forced labor and intense persecution.
Economists question whether China will ever overtake the U.S. as the top global economy
Some economists point to a shrinking workforce, stringent control by the ruling party and the middle-income trap as possible pitfalls that will prevent China from achieving its ambitions.
Chinese city Xian battles COVID-19 peak for the year
China's industrial and tech hub of Xian reported on Thursday more than 100 new cases of COVID-19, taking its tally of locally transmitted infections to the highest in any Chinese city this year.
Walmart sparks public outcry in China over products from Xinjiang
Walmart Inc., the world’s largest retailer, became the latest Western company to face scrutiny over its handling of business involving Xinjiang, following the passage of a U.S. law that virtually bans all imports from the northwestern Chinese region over forced-labor and human-rights concerns.
Intel is latest US company to apologize to China while pushing social justice at home
Intel has apologized for discouraging suppliers from doing business with China's Xinjiang region, after a letter published on its website sparked backlash from a Chinese state-run publication and social media users.
Amazon reportedly took down reviews of Chinese president's book after demands
Amazon partnered with a part of China's propaganda apparatus and removed reviews of President Xi Jinping's book, according to a new report.
Asian insurer FWD moves to shelve U.S. IPO
Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. has moved to withdraw its multibillion-dollar initial public offering in New York, the company said, amid rising tensions between China and the U.S.
Commerce Dept blacklists 37 entities over ties to China, Iran military modernization
The Commerce Department’s Bureau of Industry and Security (BIS) took action Thursday to counter efforts by 37 entities to bolster the modernization of China and Iran’s military capabilities.
Biden administration showing ‘weakness, unwillingness’ to crack down on China: Foldi
Washington Free Beacon writer Matthew Foldi criticizes the Biden administration's for not cracking down on China as the 2022 Olympic Games near.
Former Wall Street banker goes missing in China amid probe: report
A Chinese private equity investor who has worked at some of Wall Street’s top banks is missing after authorities started a probe into allegations of misconduct, according to reports.