NBA to return to China with Nets-Suns preseason action in Macao
The NBA is back in business with China. And the Nets are the team that helped get them there. The Nets will play the Suns in two preseason games in Macau next October, marking the first time the league has tilted in China since 2019. Dennis Schroder and Suns guard Bradley Beal were both in […]
Trump appoints Sen. David Perdue as ambassador to China
President-elect Trump has appointed former Sen. David Perdue (R-Ga.) as the U.S. ambassador to China. Trump said in the announcement that Perdue “brings valuable expertise that will help us build our relationship with China,” citing his decades-long career in the business world. Goldman Sachs warns that President Trump's proposed tariffs on Mexico, Canada and China […]
Trump’s tariff threats could open the door to China
renewal of United States-Mexico-Canada Agreement It was never easy. However, President-elect Trump announcement He is expected to issue an executive order this week imposing 25% tariffs on all imports from Mexico and Canada, threatening the accord that is the framework that guides free trade and economic growth in North America. The USMCA was signed in […]
Brett Favre says America should take back farm land from China after Trump’s victory
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China Says BRICS Nations Will Push Back Against Trump Tariff Threat
Chinese Foreign Ministry Spokesperson Lin Jian said on Tuesday that China expects members of the BRICS economic bloc to push back against President-elect Donald Trump's tariff threats. “As an important cooperation platform for emerging market and developing countries, BRICS advocates openness, inclusiveness and win-win cooperation rather than conflict between blocs, and is not targeting any […]
LiAngelo Ball recalls being arrested in China for shoplifting sunglasses from Louis Vuitton store
LiAngelo Ball, the younger brother of NBA stars Lonzo Ball and LaMelo Ball, talks about when he and two other UCLA players were arrested in China in 2017 for stealing designer sunglasses. Ta. Ball, 26, was traveling with the UCLA men's basketball team when he went to a Louis Vuitton store next to the team's […]
Illegal immigrant from China shipped weapons to North Korea from California: DOJ
The Department of Justice alleges that illegal immigrants from China transported weapons from California to North Korea. According to a new federal indictment filed in the Central District of California, Wen Shenghua and other unnamed co-conspirators “hid firearms and ammunition in shipping containers and transported at least two shipments. “We succeeded in exporting it to […]
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the US amid heightened trade tensions after the US imposed new restrictions on exports of certain semiconductor chips and equipment to China earlier this week. . The new directive from China's Ministry of Commerce applies to minerals, including those with potential military uses, such as gallium, […]
China’s yuan hits lowest level in months as Trump tariff threats roil currencies – South China Morning Post
Onshore and offshore yuan hit multi-month lows against the US dollar as Donald Trump's re-election as US president heightened concerns about broader trade tensions and punctured China's currency's previous strength. It fell to As of Tuesday morning, the offshore yuan had fallen by about 0.39% to 7.3148 yuan to the dollar, below the benchmark of […]
US issues new restrictions on chip manufacturing exports to China
The Biden administration on Monday imposed new restrictions on exports of certain semiconductor chips and equipment to China, marking the Biden administration's latest crackdown to curb competitive advances in the country's semiconductor manufacturing. New export controls put more than 100 Chinese chip-making tool makers on a restricted trade list, prohibiting U.S. companies from sending equipment […]