China’s Yuan Beats US Dollar as the Top Currency Traded in Russia
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
Asia/Pacific
Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology
Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.
US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China...
Toyota Teams Up With China's Tencent to Attract Younger Drivers in the Era of AI
Toyota has partnered with Tencent to attract younger drivers in China...
US Solar Firms Urge Biden Admin to Apply Tariffs on Southeast Asian Imports
A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market...
China Becomes More Aggressive in West Philippine Sea, US Commander Expresses Deep Concern
The US Indo-Pacific Command commander has raised alarm about what he c...
US Considers Sanctions on Chinese Banks Supporting Russian Military War Efforts, China Pushes Back
The United States is mulling over sanctions against Chinese banks in r...
Latest News
China Snubs Ukraine's Volodymyr Zelenskyy in Davos as It Continues to Side With Russia's Vladimir Putin
Ukraine's President Volodymyr Zelenskyy faced disappointment as his attempts to secure a meeting with Chinese officials during the annual World Economic Forum in Davos, Switzerland, were unsuccessful.
Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO
China's internet regulator is conducting a security review of Shein.
North Korea's Foreign Minister Visits Russia Amid Growing Concern Over an Alleged Arms Deal
Another meeting between North Korea and Russia has fueled speculations about a potential arms deal between the two countries.
US Delegation Sent by Joe Biden Arrives in Taiwan Despite China Opposing Any Official Exchanges Between the 2 Countries
The unofficial delegation of former US top officials sent by President Joe Biden arrived in Taiwan on Sunday for a three-day trip to exchange views on bilateral issues and prospects.
Joe Biden to Send High-Level Delegation to Taiwan After Its Election That Might Anger China
President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.
China, Nicaragua New Free Trade Agreement Begins
China and Nicaragua have initiated trading under a newly established free trade agreement, which formally started on Monday.
Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
US Dollar Slips to 5-Month Low Against the Euro Amid Fed Rate Cut Expectations
The US dollar has slipped to a five-month low against the euro and several other currencies,
Russia's Sokol Oil Delivery to India Faces Delay: Here's Why
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay.
