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China kicks off its plan to take on the cruise industry: 'There's no turning back'

Sat, 09/30/2023 - 05:55

Employees from China State Shipbuilding Corporation (CSSC) see off China's first home-grown large cruise ship Adora Magic City. — China's first domestic-built cruise ship, the Adora Magic city, will begin international cruises from Shanghai in early 2024.
Yin Liqin/China News Service/VCG via Getty Images

Transportation, cruise-ships, carnival-corporation, royal-caribbean-group, China, supply-chain

Apple's China nightmare is about to get worse

Fri, 09/29/2023 - 16:50

Apple CEO Tim Cook speaks at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. — A crackdown could cost Apple as China appears to get more serious about moving away from Western technology.
Stephen Lam/Reuters

Tech Insider, apple, tim-cook, app-store, China, iPhone, iphone-15

GM reportedly slammed Ford over its plan to use Chinese battery technology in EVs

Thu, 09/28/2023 - 11:45

GM CEO Mary Barra and Ford CEO Jim Farley — GM CEO Mary Barra, left, and Ford CEO Jim Farley, right, appear to be at odds over the use of Chinese battery technology.
Stephen Olker/Getty Images; Bill Pugliano/Getty Images

Transportation, GM, Ford, EV, electric-cars, EVs, electric-vehicles

Russia is using China's yuan to settle 25% of its trade with the rest of the world, report says

Thu, 09/28/2023 - 07:38

Russian President Vladimir Putin and Chinese President Xi Jinping attend a reception at the Kremlin in Moscow, Russia March 21, 2023. — Vladimir Putin and Xi Jinping attending a reception at the Kremlin in March.
Sputnik/Pavel Byrkin/Kremlin via REUTERS

Markets, mi-exclusive, Markets, De-Dollarization, dedollarization, us-dollar, china-yuan

Trading in China Evergrande shares suspended again just a month after they returned from a 17-month hiatus

Thu, 09/28/2023 - 00:15

Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 28, 2023. On August 28, 2023. — Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 28, 2023. On August 28, 2023.
Costfoto/NurPhoto/Getty Images

Markets, News, Markets, mi-exclusive, China, real-estate, Property

The US got soldier Pvt. Travis King back from North Korea in a 'complex operation' involving both friends and foes, White House reveals

Wed, 09/27/2023 - 11:39

A TV screen shows a file image of American soldier Travis King during a news program at the Seoul Railway Station in Seoul, South Korea, Wednesday, Sept. 27, 2023. — A TV screen shows a file image of American soldier Travis King during a news program at the Seoul Railway Station in Seoul, South Korea, Wednesday, Sept. 27, 2023.
AP Photo/Ahn Young-joon

Military & Defense, the-us-army, north-korea, China, white-house

Evergrande's billionaire founder is under police control, report says, as Beijing's crackdown on the property giant intensifies

Wed, 09/27/2023 - 11:28

Evergrande — Evergrande's billionaire founder has been placed under police surveillance, Bloomberg reported.
Noel Celis/AFP/Getty Images

Markets, mi-exclusive, Markets, Stocks, Evergrande, China, china-property-market

China's property crisis could take up to a decade to fix, warns an economist who was censored for his bearish views on the economy

Wed, 09/27/2023 - 00:40

Tech Insider : Economy, Economy

Aerial photo taken on September 15, 2023 shows a commercial residential property under construction in Qingzhou City in August. — There's a major oversupply problem in China's property market.
NurPhotoCostfoto/NurPhoto via Getty Images

Real Estate, economy, News, China, Property, real-estate, Debt

Tourists are still not returning to China and that's not good for anybody

Tue, 09/26/2023 - 10:45

Tech Insider : Economy, Travel, Economy

Great Wall of China. — Fewer people are visiting the Great Wall of China.
Suphanat Wongsanuphat/Getty Images

economy, Travel, Transportation, China, tourism, Pandemic, Transportation

How China can dominate the American EV market without selling a single car

Tue, 09/26/2023 - 08:31

BYD EV car store in Shanghai, China, in 2021. — The success of Chinese EV-makers in 2022 has the industry wondering if its next move will really be the US.
Robert Way/iStock Editorial/Getty Images Plus

Transportation, Transportation, electric-vehicles, China, battery-supply-chain, chinese-automakers, auto-industry

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