With graduation less than a month away, many college students in China are still scrambling to find a job. At a free live-stream webinar by a jobseeker training company in mid-June, many of the 800 participants—primarily unemployed 2023 and 2022 graduates—logged eager comments to claim free templates for resumes. “Many of my trainees told me…
IN-DEPTH: China’s Economy Is Faltering
June 23, 2023
admin
China Business & EconomyChina NewsChina unemployment rateChinese economystate-owned enterprisesYouth unemployment
0 Comment
Temu’s Supply Chains in China Could Be Using Forced Labor: Report
June 23, 2023
admin
China Business & EconomyChina Human RightsChina NewscongressMike GallagherPoliticsRaja KrishnamoorthiSheinTemuUSUS NewsUS-China relations
0 Comment
Temu, a Chinese online retailer with the catchy tagline “shop like a billionaire,” has exposed consumers to products made with forced labor in China, according to a congressional report published on June 22. “American consumers should know that there is an extremely high risk that Temu’s supply chains are contaminated with forced labor,” said the…
From Tech Hero to Alleged Spy: Former Samsung Exec Accused of Cloning Factory for China
June 22, 2023
admin
Asia & PacificChina Business & EconomyChina NewsChinese Regimechip industryindustrial sabotageInternational RelationsSamsungsemiconductortechnologyThreat from Communist ChinaUS-China relationsWorld
0 Comment
“Korean chip industry authority.” “Master of yield.” “Top expert in memory production engineering.” A South Korean tech industry veteran, once lauded with these titles for his innovation, hands-on approach, and round-the-clock dedication, is back in the news. This time, the government that honored him as a national tech hero is accusing him of industrial espionage…
House Digs Deeper Into Chinese-Owned Battery Company’s Rescinded Grant From Biden DOE
June 22, 2023
admin
bidenBipartisan infrastructure lawBusiness & MarketsChinaChina Business & EconomyChina NewsCompaniescongressDepartment of EnergyeconomyenergyEnvironmentExecutive BranchFinance & Business TiesGlobal ExpansionMarketsMicrovastPolicies & ImpactsPoliticsScienceSpecial TopicsstocksTechUSUS NewsUS-China relations
0 Comment
bidenBipartisan infrastructure lawBusiness & MarketsChinaChina Business & EconomyChina NewsCompaniescongressDepartment of EnergyEconomyenergyEnvironmentExecutive BranchFinance & Business TiesGlobal ExpansionMarketsMicrovastPolicies & ImpactsPoliticsScienceSpecial TopicsstocksTechUSUS NewsUS-China relations
House Republicans have voiced worries about the Biden administration’s energy-related spending, questioning a Department of Energy (DOE) official about how a Chinese-owned battery manufacturer was on pace to get hundreds of millions in taxpayer money before the Biden administration yanked the money away last month. That company, Microvast, somehow qualified for a $200 million grant…
Beijing Convenes Emergency Economic Meetings, as Analyst Predicts China’s Economy Faces Dead End
The latest official economic data released by the Chinese authorities shows that China’s economy has experienced an overall decline. Insiders reveal that senior Chinese officials have recently held at least six emergency economic meetings with business leaders and economists, and the tone of participants was unusually urgent. One political and economic analyst says that China’s…
All Chinese Asylum Applications in May Rejected in Australia
June 20, 2023
admin
asylum seekerAustraliaChina Business & EconomyChina NewsChina-Australia RelationsChinese asylum seekerChinese refugeeDepartment of Home AffairsInternational RelationsWorld
0 Comment
Refugee applications in Australia saw a surge in May, with Chinese applicants coming in second, the latest figures from Australia’s Department of Home Affairs revealed. According to the latest figures released, 1,896 people living in Australia have applied for onshore asylum visas, the highest number since February 2020. Among the nearly 2,000 asylum applications, only…
China Urges German CEOs to Lead Risk Prevention Amid Trade Tensions
June 20, 2023
admin
Chancellor Olaf ScholzChinaChina Business & EconomyChina Newschina-germanyEuropeGermanyInternational RelationsLi QiangWorld
0 Comment
Chinese Premier Li Qiang on Monday told German business leaders that companies should take the lead on managing risk after Germany published its national security strategy, which described China as a “systemic rival.” Li met with representatives of German companies—including Volkswagen, BMW, and Mercedes-Benz—in Berlin ahead of government consultations on Tuesday at the start of…
Alibaba CEO Stepping Down, Billionaire Joseph Tsai Named as New Chairman
Chinese e-commerce company Alibaba is replacing Daniel Zhang as chairman and CEO, the tech giant announced on June 20, following a slowdown in sales and mass layoffs. In a news release, the company said that Joseph Tsai, its current executive vice chairman, will step into the role of chairman on Sept. 10, after which Zhang will continue to lead Alibaba…
Goldman Sachs Cuts China Growth Forecast While Experts Predict Beijing’s Stimulus Measures Will Be Ineffective
June 20, 2023
admin
Asia & PacificBusiness & MarketsChina Business & EconomyChina NewsChinese economyChinese RegimeGoldman Sachsinterest cutsstimulus measuresWorld
0 Comment
Goldman Sachs has become the latest Wall Street bank to cut its growth forecast for China, as the world’s second-largest economy continues to lose momentum with persistently weak confidence. Experts believe the Chinese communist regime’s stimulus measures to remedy this won’t be effective due to macroeconomic issues. Goldman Sachs’s analysts lowered China’s 2023 gross domestic…
Chinese Economy Now in Deep Peril
June 18, 2023
admin
Business & MarketsBusiness ColumnistsChina Business & EconomyChina NewsChinese economyCOVIDlockdownsOpinionThinking About China
0 Comment
Commentary At the beginning of the year, many economists had predicted that the COVID “great re-opening” of China would spur domestic spending and the consumer sector. Following years of periodic lockdowns, the hope is that consumers would roar out of the gates to offset slowdowns in traditional growth areas such as manufacturing and real estate….
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`