Category: China

Meet the Xi Jinping Loyalist Now Overseeing China’s Economy

The New York Times – Business:
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
The Lure of the ‘Made in America’ Sales Pitch

The New York Times – Business:
Geopolitics forced an entrepreneur, Taylor Shupe, to bring jobs back from China. It’s helping sell his meme-inspired socks too.
LG Will Spend $5.5 Billion on a Battery Factory in Arizona

The New York Times – Business:
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
TikTok’s C.E.O. Struggles to Make his Case in Washington

The New York Times – Business:
Lawmakers interrogated Shou Chew over the video app’s ties to the Chinese government in a hearing that suggests the company’s problems are far from over.
U.S. Due Diligence Firm Says China Detained Its Employees

The New York Times – Business:
Five Chinese nationals were taken away last Monday, and the company, which does corporate investigations, and its law firm have been unable to contact them.
China’s Rise Relied on the West. Xi Jinping Is Turning Away.

The New York Times – Business:
The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.
China Approves an mRNA Covid Vaccine, Its First

The New York Times – Business:
The homegrown shot is a crucial tool that China has been lacking — a vaccine based on a technology considered among the most effective the world has to offer.
Xi and Putin Bind China and Russia’s Economies Further, Despite War in Ukraine

The New York Times – Business:
On the second day of the Chinese leader’s state visit in Moscow, Xi Jinping and Vladimir V. Putin declared an enduring economic partnership, in an effort to insulate their countries from punitive Western measures.
Pulling the Plug on TikTok Will Be Harder Than It Looks

The New York Times – Business:
The tensions over the Chinese-owned social media app will come to a head on Thursday, when the company’s chief executive testifies on Capitol Hill.
As War in Ukraine Grinds on, China Helps Refill Russian Drone Supplies

The New York Times – Business:
China has shipped more than $12 million in drones to Russia since it invaded Ukraine, in an indication of quiet collaboration between the two.
Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

The New York Times – Business:
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
Falling Lithium Prices Are Making Electric Cars More Affordable

The New York Times – Business:
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.