The Biden administration is pushing TikTok’s Chinese owners to sell the app or face a possible ban. But there are many complications to finding a suitor.
Category: China
-
China’s Answer to ChatGPT Gets an Artificial Debut and Disappoints
The promised “live” demonstration of the bot had, in fact, been prerecorded. Shares of Baidu, the company behind the technology, tumbled in Hong Kong.
-
China Wine Tariff Pushes Australia’s Grape Growers Into Crisis
Two years later, they’re suffering from a glut of red wine and plummeting grape prices with no overseas market big enough to fill the gap.
-
A Hungarian Town Seethes Over a Giant Chinese Battery Plant
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
-
Volkswagen Will Invest $193 Billion in Electric Cars and Software
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
-
To Rein in China’s Banks, Xi Uses Familiar Playbook
Xi Jinping is revamping China’s regulatory framework so the ruling Communist Party can assert more direct control over financial policy.
-
China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?
Li Qiang’s business-friendly reputation could bolster confidence in China’s economy. But he is stepping into a role with diminished power under Xi Jinping.
-
As Economy Falters, China’s New Premier Tries to Boost Business Confidence
Li Qiang, the country’s No. 2 leader, sought to reassure entrepreneurs who have been wary of making new investments.
-
Biden and E.U. Leader to Discuss Ukraine and Trade Spat
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
-
Why China Is Turning the Screw Tighter on Oversight of Banking and Tech
A series of regulatory changes approved this week reflect the increasingly centralized control of Xi Jinping, newly confirmed for a third term as China’s president.