After three years of waiting, the people of Taiwan will once again enjoy Shen Yun Performing Arts in theaters. This year, the world’s premier classical Chinese dance company will tour seven cities and perform almost 30 shows in Taiwan from June 7 to July 10. Prior to Shen Yun’s arrival, Taiwan President Tsai Ing-wen, Vice…
President Tsai, Leading Officials Welcome Shen Yun Performing Arts to Taiwan
Europe, Asia Gas Buyers Switching to Long-Term Supplies to Beat Volatile Prices
May 25, 2022
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DAEGU, South Korea—Natural gas buyers in Asia and Europe are seeking to lock in supplies via long-term contracts as a buffer against volatile global prices, industry executives said, in moves that will reverse the last decade’s trend of increasing spot purchases. Fears of disruptions in Russian gas to Europe and low inventories led the continent…
Biden Says US Will Defend Taiwan; Taiwan’s Canceled Arms Purchase—With John Mills
May 23, 2022
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President Joe Biden makes his first Asia trip, with the goal of targeting China. He said the United States will defend Taiwan, but the White House walks it back. What is China’s response? I then speak with John Mills about his concerns that the United States may be forcing Taiwan into a bad position, related to…
ASEAN Summit to Demonstrate US ‘Will Be a Steady Partner’ in SE Asia: Top White House Official
May 11, 2022
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President Joe Biden will host national leaders from the Association of Southeast Asian Nations (ASEAN) in Washington this week. It is the latest in an effort to demonstrate that the United States will be a lasting partner to the nations of Southeast Asia, according to comments made by the White House’s chief Asia strategist. “This…
IMF Warns of ‘Stagflationary’ Risks in Asia, Cuts Growth Outlook
The Asian region faces a “stagflationary” outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in commodity costs, and a slowdown in China as creating significant uncertainty. While Asia’s trade and financial exposures to Russia and Ukraine are limited, the region’s economies will be affected by the crisis…
Less Rice for the Same Price: Inflation Bites Asia’s Food Stalls
April 14, 2022
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Profits at Ma Hong’s spicy hotpot restaurant have been squeezed by about a fifth since he opened in downtown Beijing last year, crushed by beef tripe prices that have shot up by more than 50 percent and the surging costs of other key ingredients. “We sell it at the same price as before. Also with…
Russia Looking at Sourcing Aircraft Spare Parts From Asia
March 11, 2022
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Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign airplanes leased by Russian airlines. Sanctions have already cut off the supply of most aircraft and parts to Russia and forced its carriers to cancel…
Asia Stocks Surge, Europe Opens Lower After Oil Prices Rise
BEIJING—Asian markets surged while Europe opened lower Thursday after oil prices recovered some of a decline the day before that had eased inflation fears. Futures for Wall Street’s benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4 percent as Russian attacks on Ukraine intensified two weeks as fighting entered its third…
Asia Stocks Mixed After Wall Street Falls, US Bans Russian Oil
March 9, 2022
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BEIJING—European stocks and Wall Street futures rebounded Wednesday as investors watched diplomatic efforts to end Russia’s attack on Ukraine, while Asian markets sank after Chinese inflation accelerated. Already high oil prices added more than $1 per barrel following President Joe Biden’s ban on imports of Russian crude. London and Frankfurt opened higher. Shanghai, Tokyo, and…
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Shen Yun’s Positive Energy Appreciated by Taiwanese Politicians and Entrepreneurs
CHIAYI, Taiwan—Beauty can have a positive effect on people. Shen Yun Performing Arts has kick-started its tour of 27 performances in Taiwan. The International Company will be sharing beauty and hope, sending positive vibes to its audiences. The downpour did not stop the audience from filling the seats of the two performances on the first…