| By Linyi Zheng | China’s Notice on Adjusting Automobile Loan-Related Policies marks a key economic strategy shift to stimulate domestic auto consumption and enhance the sector’s growth.
China
| By Linyi Zheng | US legislative actions have highlighted the increasing scrutiny and regulation of international energy transactions concerning blocking the potential sale of US Strategic Petroleum Reserves to China.
| By Loc Le | The EU opened an investigation into TikTok, the social media platform owned by Chinese internet technology company, ByteDance, for potentially breaching the Digital Services Act.
| By Linyi Zheng | The European Commission is investigating BYD and other Chinese EV companies to determine if tariffs should be imposed for alleged Chinese state subsidies.
US-China differences have persisted and widened since 1989. The roots of the relationship can be traced back to the seismic shifts of the 1960s and President Nixon’s unprecedented visit to China.
TikTok is taking action to promote the app’s trust and credibility amidst US and EU election year scrutiny of disinformation and data privacy on social media.
| By Linyi Zheng | China is intensifying efforts to stabilize the persistently sluggish real estate sector, lowering the 5-year loan prime rate to boost market confidence in the Chinese economy.
| By Linyi Zheng | China’s largest chipmaker, SMIC, has set up a new semiconductor production line in Shanghai. The production line aims to mass-produce chips to support Beijing’s goal of achieving chip self-sufficiency.
| By Xuan Zhong | U.S. Department of Commerce trade data reveals Mexico has surpassed China as the top source of imports for the US, representing a shift in trade dynamics.
| By Linyi Zheng | The US and China held the first meeting of the bilateral Counternarcotics Working Group to jointly combat global drug trafficking, following up on agreements President Biden and President Xi made in their 2023 summit.
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