A government official in Seoul said the decision settled a trade issue that threatened to impede the China operations of Samsung and SK Hynix.
Category: China
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Art Auction in Hong Kong Draws Lower Bids Than Expected
A portrait by Amedeo Modigliani sold for less than expected and several artworks went unsold as China’s best-known art investor liquidated part of his collection.
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Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.
Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances.
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Liu Yiqian, China’s Top Art Collector, Is Selling a Modigliani
Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his artworks.
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Senate Delegation to Travel to China During Congressional Recess
The trip comes at a time of heightened tensions between Beijing and Washington, as the Biden administration restricts investments in key Chinese sectors while trying to improve relations.
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A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight
Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.
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China Is Suffering a Brain Drain. The U.S. Isn’t Exploiting It.
China’s brightest minds, including tech professionals, are emigrating, but many are not heading to America. We spoke to them to ask why.
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China Evergrande’s Founder: The Rise and Fall of Hui Ka Yan
Hui Ka Yan, who grew up poor in the countryside, was a symbol of China’s economic rise. With Evergrande teetering, his future is uncertain, too.
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Tesla Sales Slip as It Readies Factories for New Models
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
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China Evergrande’s Problems Are Only Getting Worse
The Chinese property developer’s efforts to restructure more than $300 billion in debt are being complicated by criminal investigations into current and former executives.
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How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.