The WTA Tour approved a plan to achieve pay equity at its biggest tournaments. But it won’t be fully implemented until 2033.
Category: China
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The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.
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China’s Extreme Floods and Heat Ravage Farms and Kill Animals
China’s leader has made it a national priority to ensure the country can feed its large population. But weather shocks have disrupted wheat harvests and threatened pig and fish farming.
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Chinese Firm Sent Large Shipments of Gunpowder to Russian Munitions Factory
The previously unreported shipments between a state-owned Chinese company and a Russian munitions factory last year raise new questions about Beijing’s role in Russia’s war against Ukraine.
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China’s Central Bank Cuts Loan Prime Rates
The reduction in the rates, which are used to set corporate loans and home mortgages, signal concern that the country’s post-pandemic rebound is stalling.
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China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.
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Bill Gates Meets Xi Jinping in First Visit to China Since 2019
China’s president, Xi Jinping, calls Mr. Gates “the first American friend I met in Beijing this year.”
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Bipartisan Bills Would Change a 100-Year-Old Trade Law
Critics say the law gives an unfair advantage to e-commerce companies from other countries, including some where forced labor is an issue.
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TikTok, Shein and Other Companies Distance Themselves From China
Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
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Global Oil Demand Is Set to Slow
The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.
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Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.