US-China

Apple Inc. (NASDAQ:AAPL) has been witnessing a slump in sales of its latest iPhone series in China, a critical overseas market, as local competitor Huawei Technologies Co. stages a comeback. What Happened: As per a Bloomberg report, GfK and IDC research data show a fall of...

The U.S. and China are actively “working together towards” a high-level diplomatic meeting between President Joe Biden and Chinese leader Xi Jinping, set to occur at the upcoming Asia-Pacific Economic Cooperation, or APEC, summit in San Francisco.  What Happened: On Friday, the...

Huawei Technologies Co. has thrown down the gauntlet in the world of smartphones with its Kirin 9000s processor, showcasing its capability to support lightning-fast 5G wireless speeds. Bloomberg reported Friday that the Mate 60 smartphone series, equipped with the Chinese-made Kirin chip, stormed...

The potential absence of Chinese President Xi Jinping at the forthcoming G20 summit has drawn disappointment from President Joe Biden, as reported by The Hill on Sunday. What Happened: Biden, during a press conference in Rehoboth Beach, Delaware, revealed his disappointment over Xi’s likely...

Recent support for Taiwan by the U.S., including an $80 million military financing program, has drawn stern warnings from China. Chinese President Xi Jinping’s mouthpiece has cautioned that this support has overstepped a “red line,” potentially sparking severe repercussions. What...

China has expressed strong disapproval towards the US administration’s recent approval of an unprecedented military transfer to Taiwan, a move Beijing views as a violation of the “one-China principle.” The U.S.’s transfer was condemned by Beijing, which considers the island...

U.S. President Joe Biden has expressed his hopes for Xi Jinping‘s participation at the forthcoming G20 leaders summit in India, amidst recent reports suggesting at Chinese president’s potential absence. What Happened: According to analysts, Xi’s potential absence...

The Iranian ballistic missile strike in Iraq in January 2020 gave a worrying preview of hidden yet enduring injuries for U.S. troops in future conflicts, Business Insider reported. The attack in 2020 was Iran’s retaliation for the assassination of Iranian General Qassem...

Presidential candidate Vivek Ramaswamy found his foreign policy approach harshly criticized by Marc Thiessen, a pundit for Fox News and columnist for the Washington Post. Thiessen labeled Ramaswamy’s plans as “criminally stupid” and “utterly disqualifying....

U.S. Commerce Secretary Gina Raimondo emphasized the importance of robust economic ties between the U.S. and China amidst political tensions, South China Morning Post reported. Raimondo and her Chinese counterpart, Wang Wentao, met to discuss ways to strengthen the economic...

The inclusion of Saudi Arabia and the United Arab Emirates (UAE) in the BRICS group signifies a shift in their reliance on the U.S., reported the South China Morning Post on Friday. What Happened: The successful bids of Saudi Arabia and the UAE, the Middle East’s two largest economies, to...

Singapore’s presidential candidate, Tharman Shanmugaratnam, urged the U.S. to adopt a "long game" approach to deal with Xi Jinping’s China, reported South China Morning Post. In an interview conducted on Sunday, Tharman, a respected former finance minister and central banker,...

US Treasury Secretary Janet Yellen recently indulged in a “magic mushroom” dish during her trip to Beijing, sparking a social media sensation and a surge in business for a local Yunnan restaurant chain. What Happened: Yellen’s dining experience at the Yunnan restaurant chain, Yi...

Rep. Don Bacon of Nebraska recently revealed that his personal and campaign email accounts were compromised by suspected Chinese hackers. This breach is particularly significant given Bacon’s critical stance on the Chinese government. The cyberattack, which began in May, also targeted senior...

This week, the global economic landscape was dominated by significant events and policy decisions. From inflation data to geopolitical tensions, the macro-economic sphere was rife with developments that could shape the future. Here’s a recap of the most impactful stories of the week. Bond...