China Says Economy Grew 5% Last Year, Driven by Exports

China Says Economy Grew 5% Last Year, Driven by Exports

The economic scars of China’s real estate crash are evident at the country’s many street markets for construction materials. Proprietors of once-bustling shops that sell everything from lighting fixtures and doors to toilet bowls are aching for customers. At the same time, China’s exports have climbed sharply. Companies are shipping cars, smartphones and many other […]

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In Pursuing Canal, Trump Could Push Panama Closer to China

In Pursuing Canal, Trump Could Push Panama Closer to China

As Panama’s president laid a wreath to honor those who died protesting the American occupation 60 years ago, the ceremony attendees were resolute. The commemoration this month came just days after President-elect Donald J. Trump falsely claimed China was controlling the Panama Canal and suggested he could use military force to retake the waterway. The […]

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China’s Trade Surplus Reaches Nearly  Trillion

China’s Trade Surplus Reaches Nearly $1 Trillion

China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports. When adjusted for inflation, China’s trade surplus last year far exceeded any in the world in the past century, even those of export powerhouses […]

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China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term […]

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R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’

R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’

The United States ambassador to China, R. Nicholas Burns, said the Biden administration is making a last push to try to persuade China to stop transferring equipment to Russia for the war in Ukraine. Mr. Burns, in an interview at the U.S. embassy in Beijing, asserted that nearly 400 Chinese companies have supplied Russia with […]

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TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World

TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World

Russia fined TikTok for not removing prohibited content. The results of a presidential election in Romania were thrown out over concerns the app had been used to spread foreign influence. Albania banned TikTok for a year following the stabbing death of a teenager by another one after the two quarreled online. “Either TikTok protects the […]

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In Tibet, Earthquake Survivors Face Freezing Weather Conditions

In Tibet, Earthquake Survivors Face Freezing Weather Conditions

Rescuers working in subzero conditions and bracing winds searched the rubble on Wednesday after a strong quake in Tibet toppled thousands of houses in a remote area near the northern foothills of Mount Everest. Tens of thousands of residents were being transferred to safety while dozens were being treated for injuries. At least 126 people […]

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