China
Ji Wang, a 63-year-old former Corning Incorporated employee from Steuben County, has been convicted of economic espionage and theft of trade secrets. Wang stole sensitive defense research data tied to a DARPA-funded fiber laser project and attempted to use it to launch a military-grade optics business in China. He was also linked to China’s Thousand […]
China required online influencers to obtain qualifications before discussing highly professional topics such as law and medicine, according to regulators. The move was part of Beijing’s broader effort to strengthen control over areas it viewed as socially influential, including video games, live streaming, and celebrity culture. The rules issued by two government agencies established a […]
The U.S. and China agreed to cut most tariffs and pause their trade war for 90 days to allow further talks. Both sides will reduce tariffs by 115 percentage points, easing tensions that had threatened global trade. Markets rallied on the news, but uncertainty remains over a long-term resolution. US and China reach deal to […]
The Trump administration has updated its tariff policy to exempt certain electronics—like smartphones, computers, semiconductors, and flat panel displays—from steep global tariffs. This exemption, effective for goods entering the U.S. or leaving warehouses starting April 5, was detailed in new guidance from U.S. Customs and Border Protection and a presidential memo issued Saturday. The exemptions […]
American consumers are seeing a new “tariff surcharge” line on receipts as companies respond to steep import tariffs, especially on goods from China. Despite a 90-day tariff pause by President Trump, many businesses are passing on added costs to customers through flat fees or percentage-based surcharges. For example, Dame, a sexual wellness company, added a […]
China announced a significant retaliatory tariff of 84% on U.S. goods in response to President Donald Trump’s latest tariff policies. Effective April 10, this increase marks a rise from the previous 34% tariff. Meanwhile, U.S. tariffs on Chinese goods have escalated to 104% after China failed to meet Trump’s deadline to reduce its own tariffs. […]
China announced it will impose a 34% tariff on all U.S. imports starting April 10, matching the recent U.S. tariff imposed by President Trump. The Commerce Ministry also revealed plans for stricter export controls on rare earth materials crucial for high-tech products. Following the announcement, Asian and European markets saw significant declines. Germany’s DAX fell […]
The U.S. government has implemented a ban prohibiting American government personnel in China, along with their family members and contractors with security clearances, from engaging in any romantic or sexual relationships with Chinese citizens. This policy, enacted by departing U.S. Ambassador Nicholas Burns in January, is a significant expansion of previous rules that only restricted […]
Mount Tai, a challenging 5,000-foot mountain in China’s Shandong province, is infamous for its 7,000 steps that leave even the fittest climbers exhausted. To ease the strain, AI-powered robotic exoskeletons were introduced on January 29, during Chinese New Year. Developed by Taishan Cultural Tourism Group and Kenqing Technology, these lightweight, wearable devices assist users by […]
Global stock markets experienced a significant downturn following President Trump’s announcement of tariffs on imports from key trading partners, including Mexico, Canada, and China. Trump imposed a 25% tariff on most goods from Canada and Mexico, along with a 10% tariff on goods from China. Global stocks slide as Trump imposes tariffs on imports : […]
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