China Business & Economy

Last month, Microsoft said it asked 700–800 employees to move out of China and reduced its engineering presence in the country.

Top destinations for wealthy Chinese immigrants include the United States, Canada, Singapore, and in recent years, Japan.

‘There is no way to prevent the economy from continuing to decline,’ one economist said.

Brazil has the world’s third-largest reserves of rare earth minerals.

Beijing’s announcement comes less than a week after the European Union hiked tariffs on electric vehicles imported from China.

It is prioritizing the preservation of the party and the regime, said an expert.

China’s electric vehicle exports have recorded their first decline amid intensifying trade tensions with the West that have resulted in increasing tariffs.

The report found that 795 online seminars were offered to foreign government officials in these countries in 2021 and 2022, funded and run by the CCP.

The bill requires the Director of National Intelligence to issue a public report about the wealth and corrupt activities of the CCP’s leadership.

The number of refusals more than doubled again after export rules were tightened in 2022, over reasons including sanctions, national security, and human rights.

This decision is the latest in a years-long saga that the U.S. solar industry claims could have a devastating effect on manufacturing.