On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-sufficiency.
China
China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
China's Economic Outlook Is a 'Flashing Red' With Weak Recovery, Analysts Warn
China’s economic outlook is deteriorating, with lowered GDP growth expectations and housing, consumer spending, and industrial production issues.
China to Limit Exports of Antimony, Used in Batteries and Weapons, to Protect National Security
China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.
Uniqlo and Nike Struggle in China as Shoppers Choose Cheaper Options
Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.
Latest News
China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
Chinese officials face challenges in attracting foreign investment due to doubts fueled by Xi Jinping's policies, despite reassurances from top leaders and intensified overseas engagements.
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Most Chinese EV manufacturers' stock prices rose on Thursday morning after the EU proposed 38% higher tariffs.
Global fund managers are returning to China as MSCI China Index climbed 24% from its January low, leading to a $2 trillion increase in market value.
Chinese authorities announced that they will restrict aviation and aerospace component and technology exports starting in July.
Tencent released Yuanbao AI app to compete with other Chinese chatbot companies. The headquarters of Tencent, the parent company of Chinese social media company WeChat, are seen in Beijing on August 7, 2020.
