China’s first generation of migrant workers played an integral role in the country’s transformation from an impoverished nation to an economic powerhouse.
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Posted inBusiness, Nation & World, Politics
Former Treasury Secretary Steve Mnuchin says he’s putting together investor group to buy TikTok
‘This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China,’ he said.
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Posted inBusiness, Nation & World, News
Chinese hacking industry linked to the state through connections, alcohol, and sex, leak reveals
China’s hacking industry, leaked internal documents reveal, is vast in size and scope but also suffers from shady business practices, disgruntlement over pay and work quality, and poor security protocols.
Posted inBusiness, Nation & World
Biden orders U.S. investigation of national security risks posed by Chinese-made ‘smart cars’
The probe could lead to new regulations aimed at preventing China from using sophisticated technology in so-called connected vehicles to track drivers.
Posted inBusiness, Nation & World, News
Biden administration announces $5 billion commitment for research and development of computer chips
COVID-19 exposed the risk to the economy and national security of an over-dependence on Taiwan for advanced chips.
Posted inBusiness, Nation & World, News
U.S. electric vehicle sales to hit record this year, but still lag China and Germany
It will be the first time more than 1 million EVs are sold in the U.S. in one calendar year, probably reaching between 1.3 million and 1.4 million cars.
Posted inNation & World
Biden tells Asia-Pacific leaders U.S. ‘not going anywhere’ as he looks to build economic ties
Presidents Biden and Xi Jinping understand that the complicated ties between the U.S. and China have major global impacts.
Posted inNation & World, News
China’s agreement expected to slow flow of fentanyl into U.S., but not solve overdose epidemic
China has also resumed sharing information about suspected trafficking with an international database.
Posted inNation & World, News
Biden, Xi met for hours and agreed to ‘pick up the phone’ for any urgent concerns: ‘That’s progress’
President Biden and China’s Xi Jinping opened their first face-to-face meeting in more than a year with a solid handshake.
Posted inNation & World, News
Taiwan’s participation at APEC forum offers a rare chance to break China’s bonds
Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people.