Latest News
US Exports to China: A boom for goods, a bust for services
By Press Release | Apr 12, 2022
US goods exports to China last year increased 21 percent to $149 billion.
Almond Alliance of California president: 'America's reputation as a reliable trade partner is also becoming spoiled'
By Karla Florez | Apr 11, 2022
The president of the Almond Alliance of California, Aubrey Bettencourt, recently criticized the current trade imbalance, which is causing shipping carriers to refuse exports for American goods.
Semiconductor industry poised to boom as U.S. Trade Rep Calls for 'pressing China for change'
By Karla Florez | Apr 8, 2022
U.S. Trade Representative Katherine Tai testified to the House Ways and Means Committee March 30 about the state of Chinese-U.S. trade, noting that China's failings in agreements like the "Phase One Agreement" fits "a familiar pattern."
DesParte on U.S. firms helping Chinese companies: 'Our inspectors and investigators need consistent access across all jurisdictions to the audit work performed'
By Karla Florez | Apr 7, 2022
A recent Wall Street Journal report reveals that several U.S. accounting firms are helping Chinese companies comply with the Holding Foreign Companies Accountable Act to avoid being delisted from U.S. stock markets.
Wu on Common Prosperity campaign: 'Xi Jinping has something of a propensity toward grandiose displays intended to impress'
By Karla Florez | Apr 7, 2022
Asia Society’s “China’s Common Prosperity Program: Causes, Challenges and Implications” explores China's Common Prosperity campaign capabilities of reaching equality goals.
Wu on Xi Jinping's 'Common Prosperity' campaign: 'What are his and the Chinese Communist Party's true motivation and goals?'
By Karla Florez | Apr 7, 2022
President Xi Jinping's "Common Prosperity" campaign aims to advance China’s economic status by diminishing poverty lines and middle-income traps with its wealth program distribution proposal.
JP Morgan Chase CEO: Company could lose '$1 billion over time' amid Russia’s instability, will remain invested in China
By Karla Florez | Apr 7, 2022
Jamie Dimon, CEO of JP Morgan Chase, recently released his annual letter to shareholders.
Shanghai expert COVID-19 team member on lockdowns: 'Containing the large-scale outbreak in our city is very important'
By Karla Florez | Apr 5, 2022
Mixed reports about Chinese port operations are now pouring in, fueling concerns about the impact strict Shanghai lockdowns, made in an effort to decelerate the sudden influx of COVID-19 cases, could have on the global supply chain.
DOC to Investigate solar imports following request for ‘country-wide circumvention inquiries’, may implicate Uyghur labor
By Karla Florez | Apr 5, 2022
The Department of Commerce (DOC) launched an investigation involving solar panel imports sourced from East Asian countries amid suspicion that the supply originated from China. The potential findings could indicate forced labor in Xinjiang.
Asia Society on U.S.-China relations: 'Geopolitical disaster is still avoidable'
By Karla Florez | Apr 1, 2022
The Asia Society hosted a physical discussion titled “The Dangers of a Catastrophic Conflict Between the U.S. and Xi Jinping’s China,” featuring ASPI President and The Avoidable War author, Kevin Rudd.
Economists: COVID lockdowns may cause 'disruptions to China’s economy'
By Karla Florez | Mar 31, 2022
As Shanghai further enforces lockdowns in an attempt to slow down the latest COVID-19 outbreak, economists are raising concerns about a major disruption for China's economy.
Chinese banks raise concerns about the future economy, citing 'shrinking demand, disrupted supply and weakening expectations'
By Karla Florez | Mar 31, 2022
Five China-based banks have raised concerns about the future state of the Chinese economy, amid an agitated geopolitical sector and supply chain issues related to pandemic restrictions.
China implements Dual Circulation Strategy amid findings that ‘further integration into the global economy is not the reliable engine of growth that it once was’
By Karla Florez | Mar 30, 2022
Withholding one of the world’s most powerful markets, China continues its effort to develop more self-reliance on its economy by implementing a dual circulation strategy (DCS) in hopes of better insulating itself from the general global economic status, according to a recent China Power report. The plan, however, has also been deemed a contradiction as the country continues seeking investment opportunities in other markets, and relying on others to fulfill local demands.
Delays produced by COVID-19 related Chinese shutdowns pose ‘risk to the global economy’
By Karla Florez | Mar 30, 2022
Shanghai reinstated strict lockdowns across the city in response to the recent rise in Omicron variant cases, The Wall Street Journal reports.
Zero-COVID policy-enforced lockdowns in China considered a ‘risk to the global economy’
By Karla Florez | Mar 29, 2022
China continues abiding by the zero-COVID policy, confirming a growing number of lockdowns across the country in response to rising COVID-19 cases. The effort has raised concerns about the impact that could potentially be imposed on the global supply chain.
Halliburton Company suspends operations in Russia as it prioritizes ‘ employee safety and compliance with all relevant sanctions’
By Karla Florez | Mar 28, 2022
Halliburton Company has joined hundreds of other businesses in its boycott against Russia, confirming plans to suspend future business in the country in compliance with transaction prohibition sanctions.
Biden fails to lift tariffs on thousands of Chinese imports, may 'contribute to domestic inflation'
By T.H. Lawrence | Mar 26, 2022
U.S.-China Business Council disappointed in limited number of tariff exclusions granted.
BlackRock CEO: 'Witnessing Russia’s invasion of Ukraine has been truly heartbreaking'
By Karla Florez | Mar 25, 2022
BlackRock CEO addressed a letter to shareholders Thursday (March 24), detailing the steps the firm has taken to isolate Russia.
University of Alberta's Esarey on Xi Jinping: 'I see him continuing to try to use media power to achieve his objectives'
By Karla Florez | Mar 23, 2022
Dr. Ashley Esarey of the University of Alberta discussed the findings of his recent XI Jinping-related paper, "The Xi Jinping Effect” with podcast Pekingology host Jude Blanchette.
Weinberg: 'We can think of no risk to the global economy that is greater than the risk of a COVID outbreak in China'
By Karla Florez | Mar 23, 2022
A recent rise of Covid-19 cases in China is significantly threatening supply chain processes worldwide.