The US has cracked down on the Chinese region’s solar industry over human rights concerns, but hasn’t tried to leverage its own near monopoly in high-purity quartz.
Washington’s approval process for tariff exemptions has been criticised as opaque and inefficient under both Donald Trump and Joe Biden, and among the limited exemptions granted, most have expired.
The US earlier this year banned cotton and tomato products from Xinjiang over alleged human rights violations, but the province remains a major agricultural base.
China’s top economic planner vows to increase coal imports and release coal-production capacity to address the nation’s worst power crunch in years, while analysts say power companies must be allowed to charge more.
State media now says 20 out of 31 provincial jurisdictions have implemented electricity-rationing measures since mid-September, with far-reaching implications for consumers and industrial firms.
Over half of mainland China’s 31 provincial-level jurisdictions are rationing electricity as they race to meet Beijing’s annual emissions reduction targets, but analysts are also pointing to the rising price of thermal coal.
China’s membership would have a significant impact on trade in the Asia-Pacific region at a time of rising geopolitical tensions between Washington and Beijing.
Gradual decoupling between the world’s two largest economies would have an outsized impact on China and its allies, according to a new in-depth report.
The Education Ministry published on Wednesday an announcement that it would “clean” up people and companies trying to circumvent new private tutoring rules.
As the Japanese electronic giant’s sudden move puts hundreds of Chinese workers out of a job, industry experts point to a broader exodus of foreign firms looking to diversify their supply chains away from China.
Australian treasurer says most coal exports that used to go to China have been redirected elsewhere, as Beijing may see thermal coal demand increase by 10 per cent this year.
For decades, a few people in China were allowed to get wealthy first to encourage economic efficiency, but now moves are afoot to get the better off to give back with the the ‘common prosperity’ goal revived.
The White House plans to nominate a career diplomat as its next man in Beijing – but he will be limited in what he can do, observers say.
Zhou Jiangyong, 54, has been accused of serious violations of discipline and law.
Professor Li Ling, from Peking University, says China’s successful handling of the pandemic is a good argument for implementing universal medical care, similar to Hong Kong.
Border closures and lockdowns have been hallmarks of China’s successful handling of the pandemic, but some are beginning to ask if its ‘zero Covid’ strategy is economically sustainable.
Beijing is taking a hard line on the for-profit tutoring industry, but schools and parents are struggling to understand how and when new policies will be implemented.
‘Discourse and ideology need to be controlled by the central government’, and Beijing ‘aims to rectify education itself’, industry insider says.
The devastating flooding that paralysed the central province of Henan last week will also hurt China’s output of lead and aluminium, experts say.
Chinese Vice-Premier Liu He has promised to ‘keep the temperature right’ for small businesses, but Beijing’s recent crackdown on off-campus tutoring has some entrepreneurs worried.
Domestic brands in China like Li-Ning and Anta have enjoyed recent surge, fuelled by rising nationalism, improvements in quality and a multimillion dollar live commerce sector.
Widespread age discrimination in China’s workforce could have potentially serious economic consequences as the population gets older and the workforce shrinks.
Work to clear the tunnel where hundreds of cars were trapped continued, but a rescue official tells the media that no more bodies have been found.
Chinese manufacturers in southern Vietnam are suffering amid lockdowns and business closures, and they are not confident coronavirus restrictions will be relaxed soon.
At least 25 people in Henan were killed by the heaviest rain in decades, including passengers trapped in a rail tunnel amid rising waters.
The US-China Strategic and Economic Dialogue was suspended by the Trump administration, and last week US Treasury Secretary Janet Yellen said she had no intention to resume the highest-level bilateral forum.
The White House update on Xinjiang supply chain risks adds pressure on American companies to cut exposure to the region, but many say compliance will be tricky.