The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.
Category: China
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass
Court records, mistakenly made public, tell a story about the birth of ByteDance, its bumpy road to success and the role of the Republican megadonor Jeff Yass’s firm.
‘3 Body Problem’: What Social Media Reaction Says About China
The Netflix series showcases one of the country’s most successful works of culture, a rare cultural export. Instead, social media is condemning it.
Poor Nations Are Writing a New Handbook for Getting Rich
Economies focused on exports have lifted millions out of poverty, but epochal changes in trade, supply chains and technology are making it a lot harder.
What China Is Saying About the TikTok Ban Furor in Washington
A bill to force TikTok’s sale in the United States has been criticized by Beijing but has not triggered a high-alert public response or retaliation.
Big American Tech Profits From Chinese Ad Spending Spree
Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
Émigrés Are Creating an Alternative China, One Bookstore at a Time
From Thailand to America, Chinese denied a safe public space for discussion in their home country have found hope in diaspora communities.
Leaked Files Show the Secret World of China’s Hackers for Hire
China has increasingly turned to private companies in campaigns to hack foreign governments and control its domestic population.
China’s Rush to Dominate A.I. Comes With a Twist: It Depends on U.S. Technology
China’s tech firms were caught off guard by breakthroughs in generative artificial intelligence. Beijing’s regulations and a sagging economy aren’t helping.