U.S.

New York 05/13/22, 12:18

The Kishida government is trying to strengthen collaboration with the information-sharing partnership Five Eyes intelligence as China becomes more active in the Indo-Pacific and the Russia-Ukraine war is threatening global security. Japan's lack of a designated intelligence agency might stymie complete collaboration with the Five Eyes, including a group of English-speaking ...

China 05/13/22, 12:16

On Wednesday (May 11), the U.S. criticized China and Russia for rejecting the implementation of additional U.N. pressure against North Korea, warning that the Security Council cannot stay silent and needs to take action as Pyongyang prepares for its seventh nuclear test. The U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, ...

Economy 05/13/22, 12:13

U.S. inflation has reached a record high since December 1981, and President Biden said dropping China tariffs could be an option to lower consumer prices. Trump imposed tariffs on China’s imported products to punish China’s allegedly unfair trade practices. The policy protects domestic business but is about to expire this July. ...

China 05/13/22, 11:12

U.S.-China relations have already deteriorated before the Russian invasion of Ukraine. But Beijing’s chance to rebuild its relationship with Washington is even more fragile as world powers watch its attitude to Moscow over the conflict. On May 5, the official media of the Chinese government Phoenix.com column program released the speech ...

Economy 05/12/22, 02:21

The U.S. continues to threaten Chinese stocks on Wall Street with delisting if the Chinese government does not allow public accounting firms to audit their companies’ accounts. The U.S. Securities and Exchange Commission on May 9 added nearly a dozen of Chinese concept stocks to a list facing delisting risk. This is ...

Tech 05/12/22, 02:01

According to the Information, the United States is considering a ban on the export of advanced equipment to Chinese chipmakers by American suppliers. China's technical self-sufficiency would be jeopardized by this decision.Besides Semiconductor Manufacturing International Corp. (SMIC), the potential ban will also affect state-owned Hua Hong Semiconductor, ChangXin Memory Technologies (CXMT), ...

China 05/12/22, 01:44

A chemical engineer will be serving 14 years in prison and pay a 200,000 dollars fine for economic espionage and trade secrets theft for China. Prosecutors say 59-year-old Xiaorong You, aka Shannon You, from Michigan, stole trade secrets about materials used in cans for soda and other drinks to benefit the ...

China 05/11/22, 00:46

China is now dealing with a more contagious COVID variant and waning public anger due to its 'Zero-COVID' policy. The business community is now also affected by the sweeping lockdowns across the country. According to Reuters, the American Chamber of Commerce in China (AmCham China) said on May 9 that American ...

China 05/11/22, 00:34

The Dean of China's Schwarzman University, Professor Xue Lan, believes that the biggest challenge for the Chinese regime in the future is China-U.S. relations. The second challenge is the problem of population decline and aging. The third one is energy, food security, and financial debt. The fourth one is the gap ...

China 05/11/22, 00:16

A Department of Defense study has shown the Chinese government is making use of a U.S. government-program to serve their own interests. The Pentagon’s Small Business Innovation Research program aims at promoting innovation among small U.S. companies. The awards process is competitive. However, according to the Wall Street Journal, the report finds ...

In-depth Reports 05/10/22, 09:15

According to Comic Book Resources (CBR), on April 29th, Chinese box office analyst and reporter Oliver Chen confirmed that the long-awaited Doctor Strange sequel has been officially banned in China.  No official reason has been provided. However, according to CBR, Doctor Strange in the Multiverse of Madness drew some heavy criticism ...

China 05/09/22, 23:23

The U.S. State Department attracted widespread attention after changing the wording on its U.S.-Taiwan relations webpage last week. The website erased the reference to Taiwan as part of China and deleted a statement denying Taiwan independence. As of May 3, the webpage stated that the U.S. recognized the “Chinese position that ...

In-depth Reports 05/09/22, 22:50

A Department of Defense study has shown the Chinese government is making use of a U.S. government-program to serve their own interests. The Pentagon’s Small Business Innovation Research program aims at promoting innovation among small U.S. companies. The awards process is competitive. However, according to the Wall Street Journal, the report finds ...

China 05/09/22, 08:36

Republican senator Marco Rubio on May 3 introduced a bill designed to strengthen Taiwan's military defense by providing it with critical technologies amid the current Russian invasion of Ukraine. The bill is titled Taiwan Peace Through Strength Act. It includes much military support for Taiwan, such as Washington's war plan for ...

China 05/09/22, 07:49

State Secretary Antony Blinken had planned to have a speech on foreign policy toward China last Thursday, May 5. However, the plan was postponed because he tested positive for COVID. According to the Wall Street Journal, citing foreign-policy experts who consult with the administration, the U.S. is preparing to refresh the ...

China 05/08/22, 07:01

During May 6 press conference, China's foreign ministry spokesperson Zhao Lijian responded to Admiral Charles Richard's remarks. Previously, at a hearing on May 4, Richard said China was monitoring the war in Ukraine closely. He also stated that China would likely use nuclear coercion to their advantage in the future. Zhao ...

In-depth Reports 05/08/22, 06:58

Reuters reported that officials from the U.S. Public Company Accounting Oversight Board (PCAOB) are in China to finalize a dispute over the auditing compliance of the U.S.–listed Chinese firms. PCAOB requests complete access to audit working papers of New York-listed Chinese entities stored in China. However, Beijing refused to let overseas ...

China 05/08/22, 04:42

U.S. officials are encouraging Taiwan to equip its military with more advanced weapons. However, Reuters reported that the island could not have enough budget to do it. According to Taiwan media, Defense Minister Chiu Kuo-cheng told a legislative session on Thursday that the asking price for anti-submarine helicopters from the United ...

China 05/07/22, 03:18

The widespread epidemic has badly affected many of China's regions. The impact has resulted in the inter-provincial travel suspension and a substantial decrease in the number of travelers during this year's long vacation of May Day. However, Beijing only officially claimed a modest decrease in numbers compared with last year's number. ...

China 05/06/22, 00:22

In February, Russia launched an attack on Ukraine. Shortly after that, China refused to call Russia's move an "invasion." China also said that Russia is its “most important strategic partner." However, there have been major changes in China's relations with other countries recently. China's Foreign Ministry Zhao Lijian held a regular press ...