Asia’s top risk in 2022 will be U.S.-China tensions over Taiwan, says political risk analyst

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters The tense relationship between the U.S. and China over Taiwan will be the main risk for Asia in the year ahead, according to one political risk analyst. … Read more

Philippine President Duterte’s China pivot hasn’t reduced tensions in the South China Sea

Philippine President Rodrigo Duterte met with Chinese President Xi Jinping in April, 2019 in Beijing, China. Kenzaburo Fukuhara | Kyodo News | Getty Images More than five years on, Philippine President Rodrigo Duterte’s Beijing-friendly postures have not tamed China’s aggression in the disputed South China Sea — and the next Philippine leader should be bolder … Read more

Germany’s head of navy calls China’s naval power buildup ‘explosive’ and a cause of worry

China’s growing naval power is “explosive” and a cause for concern, said German Chief of Navy, Vice Adm. Kay-Achim Schonbach, who urged Beijing to follow the international rules-based order. Schonbach said China is increasing the size of its navy by the equivalent of the entire French navy every four years. “I can understand the political … Read more

How Beijing influences the influencers

Millions have watched Lee and Oli Barrett’s YouTube dispatches from China. The father and son visit hotels in exotic locales, tour out-of-the-way villages, sample delicacies in bustling markets and undergo traditional ear cleanings. “We are on the outskirts of Shanghai today at the most incredible hotel we’ve ever stayed at,” Oli says in one video, … Read more

China tries to reassure on Evergrande as default fears rise

China’s central bank released extra money for lending Monday as the government tried to reassure the public it can contain the potential fallout if a troubled real estate developer’s $310 billion mountain of debt collapses. The People’s Bank of China said it freed up 1.2 trillion yuan ($190 billion) for banks to lend by reducing … Read more

Hong Kong to allow residents of mainland to vote in election

Hong Kong authorities will set up polling stations at the border with mainland China to allow Hong Kongers living there to vote during upcoming legislative elections, the city’s leader said Tuesday. During the Dec. 19 legislative elections, registered Hong Kong permanent residents living in the mainland will be able to cross the border into the … Read more

Xi says China is ready to work with U.S. on condition of ‘mutual respect’

China’s President Xi Jinping speaks during a bilateral meeting with U.S. President Donald Trump at Trump’s Mar-a-Lago estate in Palm Beach, Florida, April 7, 2017. Carlos Barria | Reuters BEIJING — Ahead of an expected virtual meeting with U.S. President Joe Biden, Chinese President Xi Jinping said the country is willing to work with the … Read more

Food prices in China climbed every week of October, commerce ministry says

Shoppers browse vegetables at a fresh food market in Shanghai, China, on Wednesday, Nov. 3, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Prices in China are rising quickly for food and other commodities, increasing pressure for policymakers tasked with keeping growth stable. Food prices in China rose every week in October, according … Read more

China reports over 100 COVID-19 cases amid virus spike

China on Wednesday reported over 100 COVID-19 cases, including nine in Beijing, which has already imposed several curbs restricting the travel of the city residents to other parts of the country amid the new spike in infections. China’s National Health Commission said on Wednesday that 93 locally transmitted COVID-19 cases and 16 new imported cases … Read more

Consumers in China pick their 3 favorite electric cars — and only one is Chinese

Stephan Wollenstein, CEO of Volkswagen China, presents the new ID.6 Crozz electric car during the Shanghai International Automobile Industry Exhibition on April 19, 2021. Hector Retamal | AFP | Getty Images BEIJING — When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYD, according to a survey by … Read more