Ethan Zhao
Senior Reporter
The Latest
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Aldi Thrives Globally with Low-Cost Strategy
Amid a chaotic retail battle, German supermarket chain Aldi, known colloquially as the "poor man's supermarket," has been successfully expanding worldwide with a low-cost strategy since its inception in 1913. When Aldi entered the Chinese market in 2017, it rebranded itself as a boutique supermarket targeting the middle class. 
Amid a chaotic retail battle, German supermarket chain Aldi, known colloquially as the "poor man's supermarket," has been successfully expanding worldwide with a low-cost strategy since its inception in 1913. When Aldi entered the Chinese market in 2017, it rebranded itself as a boutique supermarket targeting the middle class. -
China Warns of Countermeasures Following Biden's Signing of Taiwan and TikTok Bills
Following President Joe Biden's recent signing of legislation aimed at bolstering Taiwan's defenses and enforcing divestiture from TikTok by its Chinese owners, China has signaled potential retaliatory actions. The new U.S. laws, which also include significant military aid to Ukraine and Israel, have escalated tensions, prompting a stern response from Beijing. 
Following President Joe Biden's recent signing of legislation aimed at bolstering Taiwan's defenses and enforcing divestiture from TikTok by its Chinese owners, China has signaled potential retaliatory actions. The new U.S. laws, which also include significant military aid to Ukraine and Israel, have escalated tensions, prompting a stern response from Beijing. -
Blinken Meets with China's President Xi Amid Growing Tensions Over Ukraine, Taiwan, and Trade
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping and other top officials in Beijing on Friday, as the two nations grapple with a range of contentious issues that have strained their relationship. 
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping and other top officials in Beijing on Friday, as the two nations grapple with a range of contentious issues that have strained their relationship. -
Blinken's Mission to Navigate US-China Ties Amid Taiwan, Russia, and Economic Challenges
U.S. Secretary of State Antony Blinken arrived in Shanghai on Wednesday, marking another high-level contact between the United States and China as the two global rivals seek to stabilize their strained relationship. While the visit signals a steadier footing for U.S.-China ties, a daunting array of unresolved issues threatens to undermine the progress made in recent months. 
U.S. Secretary of State Antony Blinken arrived in Shanghai on Wednesday, marking another high-level contact between the United States and China as the two global rivals seek to stabilize their strained relationship. While the visit signals a steadier footing for U.S.-China ties, a daunting array of unresolved issues threatens to undermine the progress made in recent months. -
Potential Buyers Line Up as TikTok Faces Forced Sale, but Challenges Loom
As the clock ticks for TikTok to find a new owner following President Joe Biden's signing of legislation that would ban the app in the United States unless its Chinese parent, ByteDance, sells it, a handful of American finance and tech tycoons are gearing up for multi-billion dollar bids. However, potential buyers face formidable obstacles in prying TikTok from ByteDance's hands and into American ownership. 
As the clock ticks for TikTok to find a new owner following President Joe Biden's signing of legislation that would ban the app in the United States unless its Chinese parent, ByteDance, sells it, a handful of American finance and tech tycoons are gearing up for multi-billion dollar bids. However, potential buyers face formidable obstacles in prying TikTok from ByteDance's hands and into American ownership. -
Chinese Exporters Confident Despite U.S. Tariff Threats Amid Strong International Demand
The Canton Fair, China's largest trade event held in Guangzhou, has recently become a vivid display of the resilience and adaptability of Chinese exporters amid escalating global trade tensions. Despite the looming threat of increased U.S. tariffs, international buyers are flocking to the fair, drawn by the unbeatable prices and quality offered by Chinese products. 
The Canton Fair, China's largest trade event held in Guangzhou, has recently become a vivid display of the resilience and adaptability of Chinese exporters amid escalating global trade tensions. Despite the looming threat of increased U.S. tariffs, international buyers are flocking to the fair, drawn by the unbeatable prices and quality offered by Chinese products. -
Southern China Braces for Severe Flooding as Record-Breaking Rains Batter Guangdong Province
Southern China's densely populated Pearl River Delta is grappling with severe flooding following record-breaking rains, sparking concerns about the region's defenses against increasingly intense deluges induced by extreme weather events. Guangdong province, once dubbed the "factory floor of the world," has been battered by unusually heavy, sustained, and widespread rainfall since Thursday, with powerful storms ushering in an earlier-than-normal start to the province's annual flooding season. 
Southern China's densely populated Pearl River Delta is grappling with severe flooding following record-breaking rains, sparking concerns about the region's defenses against increasingly intense deluges induced by extreme weather events. Guangdong province, once dubbed the "factory floor of the world," has been battered by unusually heavy, sustained, and widespread rainfall since Thursday, with powerful storms ushering in an earlier-than-normal start to the province's annual flooding season. -
China Targets U.S. Chemical Imports with New Levies
Beijing has announced a substantial 43.5% levy on imports of propionic acid from the U.S., a chemical widely utilized in various sectors including food preservation, animal feed, and pharmaceutical manufacturing. 
Beijing has announced a substantial 43.5% levy on imports of propionic acid from the U.S., a chemical widely utilized in various sectors including food preservation, animal feed, and pharmaceutical manufacturing. -
Study Reveals 45% of China's Major Cities Sinking, Putting Millions at Risk of Flooding
A new study published in the journal Science has revealed that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, putting millions of people at risk of flooding, especially as sea levels continue to rise due to climate change. 
A new study published in the journal Science has revealed that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, putting millions of people at risk of flooding, especially as sea levels continue to rise due to climate change. -
China Cracks Down on 8.3 Million Debt Defaulters with Strict Travel and Lifestyle Restrictions - Report
China is cracking down on its growing debt crisis by imposing severe penalties on 8.3 million individuals who have failed to settle their debts. The government's delinquency blacklist has swelled by nearly 50% since late 2019, leading to stringent measures that restrict defaulters' access to high-speed rail travel, luxury accommodations, and even vacations. 
China is cracking down on its growing debt crisis by imposing severe penalties on 8.3 million individuals who have failed to settle their debts. The government's delinquency blacklist has swelled by nearly 50% since late 2019, leading to stringent measures that restrict defaulters' access to high-speed rail travel, luxury accommodations, and even vacations.
