China-U.S. Rivalry

China China-U.S. Rivalry News - Caixin Global

China and the United States, the world's two largest economies, have been engaging in a tense competition for geopolitical, economic and tech supremacy.

China Hopes U.S. Election Will Be ‘Smooth and Successful’

Vice Foreign Minister Le Yucheng tells press that he hopes the next administration will meet China ‘halfway’

02 27, 2021 07:55 AM

Xie Zhenhua Is Back as China’s Top Climate Envoy

Appointment of veteran environmental negotiator who brokered Paris accord with John Kerry signals Beijing’s high priority on working with U.S. on climate change

02 27, 2021 07:48 AM

Wuhan Gives Up on Troubled $18.5 Billion Chipmaking Project

A year after grinding to a halt, Wuhan Hongxin dismisses workforce, telling employees ‘there is no plan for production resumption,’ one worker says

02 26, 2021 20:27 PM

NetEase Calls on Google to Lower App Store Commissions as Profits Tumble

CEO of China’s second-largest online game developer says U.S. tech giant’s fees are ‘unhealthy and probably unsustainable’

02 26, 2021 19:52 PM

Online Sports Retailer Fanatics Makes Play for China Market

The joint venture with private equity firm Hillhouse will sell licensed goods including NBA and NFL merchandise

02 26, 2021 17:40 PM

Late Founder’s Ex-Wife Takes Helm at Game Firm After His High-Profile Poisoning

Xu Fenfen will take over as chairman of Yoozoo Games, following the Christmas Day death of company founder Lin Qi, allegedly at the hands of an underling

02 26, 2021 14:31 PM

India-China Economic Ties Expected to Get Back on Track, for Now

All indications are that New Delhi will allow more investment from China, India’s largest trading partner

02 26, 2021 14:05 PM

U.S. Companies Plan Smaller China Investments Due to Stranded Execs

AmCham finds businesses upbeat on prospects despite trade conflict worries

02 26, 2021 13:55 PM

Credit Suisse and UBS Are Moving Hong Kong-Based Bankers to the Mainland

The Swiss investment banks are following rivals in relocating staff to the mainland to chase profits estimated to reach $47 billion in investment banking alone by 2026

02 26, 2021 09:51 AM

CX Daily: Who Are the Losers in the HNA Bankruptcy?

China's President Xi declares 'total victory' in the country's fight against absolute poverty. Geely and Volvo call off their merger plan

02 26, 2021 06:14 AM

Airline Trade Group Plans to Launch Digital Vaccine Passport in March

International travel association signs up half a dozen airlines to test Covid-19 app as industry looks for ways to bolster global travel

02 26, 2021 05:57 AM

Vaccine Startup Clover Biopharma Raises $230 Million in Financing

Series C fundraising puts capital raised in 12 months over $400 million as Chengdu-based company pushes development of Covid-19 inoculation

02 25, 2021 17:54 PM

Opinion: China Helped the U.S. Dodge an Inflation Bullet

Because the Chinese economy got back on its feet so quickly after Covid-19 struck, its cheaper exports were key in holding down American

02 25, 2021 14:24 PM

Biden Trade Nominee Says China Is Both a Rival and a Partner

The comments illustrate how Katherine Tai will pursue a hard line, while also indicating a more methodical and practical style

02 25, 2021 14:14 PM

Biden Directs Staff to Address Chip Shortages Idling Auto Plants

U.S. president is directing his administration to address shortfalls that have suspended production at some American auto plants

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