Tag: china
-
Opinion: China is feeling the pinch from a weakening global economy and U.S. restrictions
[ad_1] For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalization’s shift from a beneficial tailwind to a disruptive headwind. Although the Chinese economy’s recent travails have some unique characteristics, they illustrate…
-
China’s property woes offer a window into the demise of the country’s boom times
[ad_1] As China’s economic recovery continues to underwhelm, observers’ sights are turning from the country’s intractably weak consumer sector to the more worrying downturn in the enormous Chinese real-estate market. Sluggish economic growth in general and a softening property market in particular have increased expectations for stimulus measures to inject life into a post-COVID recovery…
-
Opinion: Ukraine’s membership in NATO is needed to keep critical technology from China
[ad_1] The future of Ukraine in the NATO alliance will prove critical to the balance of power in the Pacific and U.S. economic leadership around the world. Tensions within NATO on the embattled nation’s status were on full display at the Vilnius Summit last week. On the agenda was Ukrainian membership, an issue sidestepped by the United States,…
-
U.S. plans to restrict China access to cloud services: WSJ
[ad_1] The Biden administration plans to curb China’s access to cloud computing services provided by companies such as Microsoft MSFT, -0.75% and Amazon.com AMZN, -0.11%, the Wall Street Journal reported Tuesday. Citing sources characterized as familiar with the situation, the report indicated that the new rules meant U.S. companies would likely need government authorization before allowing…
-
Opinion: Can the coming AI boom help Micron outrun negative China effects?
[ad_1] Micron Technology Inc. could be approaching a big new semiconductor cycle as it predicts a huge boost from artificial intelligence, but there could be a roadblock in the path. Micron MU, +0.42% reported a third-quarter loss and a 57% drop in revenue Wednesday, after the chip industry’s oversupply hit the memory-chip maker hard. On…
-
U.S. companies told to adapt as Washington fights against forced labor in China
[ad_1] A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official. “It’s going to be a very different environment in the years to come,” said Eric Choy, executive director for trade remedy law enforcement for CBP’s Office of Trade. He…
-
Opinion: Americans may have to start working younger and retire older.
[ad_1] “The demographic clock is ticking for the West.” China announced earlier this year that for the first time since the 1960s, deaths outnumbered births and its population slipped in 2022 by 850,000 to 1.41 billion. COVID-19 brought this event forward a few years. More fundamentally, the legacy of China’s now-abandoned one-child policy and the high cost of…