Ethan Zhao
Senior Reporter
The Latest
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China Directs Telecom Giants to Replace Foreign Chips by 2027, Impacting U.S. Chipmakers Intel and AMD
China has dealt a fresh blow to U.S. chipmakers Intel and Advanced Micro Devices (AMD) by directing the country's largest telecom carriers to phase out foreign chips from their networks by 2027, according to a report by the Wall Street Journal on Friday. China has dealt a fresh blow to U.S. chipmakers Intel and Advanced Micro Devices (AMD) by directing the country's largest telecom carriers to phase out foreign chips from their networks by 2027, according to a report by the Wall Street Journal on Friday. -
China Vanke's Stocks and Bonds Dip Following Downgrade and Executive Probe
In a tumultuous week for China Vanke, shares and bonds of the property giant took a hit following a downgrade by S&P and the revelation that a company executive is under investigation. The Shenzhen-listed stock of China's second-largest developer by sales fell 1.8%, hitting its lowest point since May 2014, while its Hong Kong shares also dipped to a record low. In a tumultuous week for China Vanke, shares and bonds of the property giant took a hit following a downgrade by S&P and the revelation that a company executive is under investigation. The Shenzhen-listed stock of China's second-largest developer by sales fell 1.8%, hitting its lowest point since May 2014, while its Hong Kong shares also dipped to a record low. -
Volkswagen Boosts Electric Vehicle Production in China with $2.7 Billion Investment
Volkswagen is set to significantly enhance its footprint in China, announcing a substantial investment of 2.5 billion euros ($2.68 billion) aimed at expanding its production capabilities and innovation hub in Hefei, Anhui Province. Volkswagen is set to significantly enhance its footprint in China, announcing a substantial investment of 2.5 billion euros ($2.68 billion) aimed at expanding its production capabilities and innovation hub in Hefei, Anhui Province. -
Beijing Targets General Atomics, General Dynamics in Response to Taiwan Arms Sales
China has announced sanctions against two prominent U.S. defense contractors, General Atomics Aeronautical Systems and General Dynamics Land Systems, citing their involvement in arms sales to the self-governing island that Beijing claims as part of its territory. China has announced sanctions against two prominent U.S. defense contractors, General Atomics Aeronautical Systems and General Dynamics Land Systems, citing their involvement in arms sales to the self-governing island that Beijing claims as part of its territory. -
Alibaba Shares Surge as Jack Ma Emerges from Shadows to Address Employees and Boost Confidence
Alibaba co-founder Jack Ma has resurfaced with a rare public statement, penning a lengthy memo to employees in which he praised the Chinese technology giant's recent reorganization and transformations amid a tumultuous year. Alibaba co-founder Jack Ma has resurfaced with a rare public statement, penning a lengthy memo to employees in which he praised the Chinese technology giant's recent reorganization and transformations amid a tumultuous year. -
China's Xi Jinping Meets Former Taiwan President Ma Ying-jeou, Calls for 'Family Reunion'
Chinese President Xi Jinping held a rare meeting with former Taiwan President Ma Ying-jeou in Beijing on Wednesday, emphasizing that outside interference cannot stop the "family reunion" between the two sides of the Taiwan Strait. Chinese President Xi Jinping held a rare meeting with former Taiwan President Ma Ying-jeou in Beijing on Wednesday, emphasizing that outside interference cannot stop the "family reunion" between the two sides of the Taiwan Strait. -
China and Russia Agree to Boost Strategic Cooperation, Countering Western Influence
China and Russia have agreed to strengthen their strategic cooperation and provide each other with "strong support" in the face of what they perceive as Western pressure and sanctions, according to statements made during a meeting between Chinese Foreign Minister Wang Yi and his Russian counterpart, Sergey Lavrov, in Beijing on Tuesday. China and Russia have agreed to strengthen their strategic cooperation and provide each other with "strong support" in the face of what they perceive as Western pressure and sanctions, according to statements made during a meeting between Chinese Foreign Minister Wang Yi and his Russian counterpart, Sergey Lavrov, in Beijing on Tuesday. -
Kremlin Confirms Upcoming Putin-Xi Contacts with No Fixed Date as Lavrov Visits Beijing
The Kremlin announced that Russian President Vladimir Putin and Chinese President Xi Jinping are gearing up for future interactions, though the exact timing remains under wraps. The Kremlin announced that Russian President Vladimir Putin and Chinese President Xi Jinping are gearing up for future interactions, though the exact timing remains under wraps. -
Yellen Warns China of Consequences for Aiding Russia, Urges Economic Rebalancing
US Treasury Secretary Janet Yellen wrapped up her second trip to China, where she raised American concerns about Chinese overproduction, warned against support for Russia, and unexpectedly caused a stir on Chinese social media over her travel style and chopstick-wielding skills. US Treasury Secretary Janet Yellen wrapped up her second trip to China, where she raised American concerns about Chinese overproduction, warned against support for Russia, and unexpectedly caused a stir on Chinese social media over her travel style and chopstick-wielding skills. -
U.S. Seeks to Tighten Tech Grip by Limiting ASML Services in China - Report
The Biden administration is ramping up its strategic efforts to contain China's tech sector growth by urging the Netherlands to restrict the servicing of specific chipmaking equipment by ASML Holding NV, a leading Dutch semiconductor equipment manufacturer, within China The Biden administration is ramping up its strategic efforts to contain China's tech sector growth by urging the Netherlands to restrict the servicing of specific chipmaking equipment by ASML Holding NV, a leading Dutch semiconductor equipment manufacturer, within China