China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
Category: China
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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
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As U.S. Brands Stumble, China Wins Over Young Indonesians
A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
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New Rules Hinder Foreign Firms From Moving Supply Chains From China
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
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China’s Electrostate Is Poised to Win From War in the Middle East
A cluster of Chinese firms is poised to win big from the energy crisis set off by the war in the Middle East, building on booming investment in artificial intelligence.
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The Escalating Global A.I. Arms Race
China, the U.S., Russia and others have ramped up their contest over artificial-intelligence-backed weapons and military systems. The buildup has been compared to the dawn of the nuclear weapons age.
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Middle East War Triggers Higher Prices in China
Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
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How China Built Its Vast Natural Gas Stockpile
Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home.