What are your plans for the week ahead? Are you bracing for the crowds of mainland tourists the government hopes will descend upon Hong Kong for the Labour Day “golden week” holiday to fill our restaurants and spend in our shops? Last year, about 766,000 people from the mainland visited during the holiday week. The…
China’s state-run media has taken to the internet with AI-generated videos, featuring dancing robots and fraught consumers, to chide U.S. President Donald Trump and tariffs they say threaten high inflation and economic distress for Americans. “‘Liberation Day’, you promised us the stars. But tariffs killed our cheap Chinese cars,” an automated female voice sings in…
NEW YORK (AP) — The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.S. products starting April 10. Stock markets worldwide plummeted, as the S&P…
Amidst the chaotic turbulence across the Northern Hemisphere in recent days, outbursts from US President Donald Trump and the sudden arrival of Chinese warships in the Tasman Sea, you could be forgiven for overlooking a monumental U-turn in Beijing’s vision for the future. This time last week, in the Great Hall of the People, President…
Dependence on US chips and operating systems rapidly decreasing It would appear that US sanctions have done the opposite of what they were supposed to — the have sped up China’s chip and operating system development leading it to be less dependant on the US tech oligarchs. China’s tech giants have reassured President Xi Jinping…
BEIJING Chinese President Xi Jinping warned Tuesday that a trade war with the United States would result in “no winners,” state media said, ahead of next month’s inauguration of president-elect Donald Trump. The former U.S. president unleashed a grueling trade war with China during his first term in office, lambasting alleged intellectual property theft and…
US President Joe Biden and Chinese counterpart Xi Jinping on Friday warned of turbulent times ahead, in remarks at an Asia-Pacific economic summit in Lima overshadowed by Donald Trump‘s impending return to the White House. China’s President Xi Jinping (L) and US President Joe Biden (File)(AFP) The men, who will hold their last, official face-to-face…