China

International Economics

US Trade War Saps China’s Economic Momentum

Photo by Getty Images via Unsplash

While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.

2 min read

(Photo by Declan Sun on Unsplash)

Consumer

McDonald’s Buys Back a Piece of Its China Business

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.

2 min read
Photo by the Executive Office of the President of the United States under Public Domain

OP-ED | Power Corridor

Biden-Xi: An Elaborately Choreographed Thaw

With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza…

2 min read
(Photo by JE Shoots on Unsplash)

Technology

ByteDance Is Scaling Back its VR Ambitions

ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.

1 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

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Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Photo by Blaz Erzetic/Unsplash

Industrials

European Aluminum Giant Is Fretting a Chinese EV Influx

While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.

2 min read
(Photo by Foreign, Commonwealth & Development Office under CC BY 2.0)

Regulation

Chinese Government Puts a New Leash on its Financial Sector

Beijing plans to establish a Central Financial Commission, which will act as a watchdog for the country’s $61 trillion financial sector.

2 min read
(Photo by Kremlin.ru under CC BY 4.0)

Geopolitics

Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.

1 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

(Photo by Kindel Media on Pexels)

Electric Vehicles

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

2 min read
(Photo by Yasin Hemmati on Unsplash)

Geopolitics

China’s Subsidies Draw More International Wrath

The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.

1 min read
(Photo by Jacques Dillies on Unsplash)

Policy & Power

Alibaba’s Logistics Hub in Belgium Hit With the Latest Spying Scrutiny

Belgian authorities are monitoring Alibaba for “possible espionage” at the company’s main European logistics hub.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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