Latest in China Hacked Treasury
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CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - 1h -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - 2h -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - 12h -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - 6h -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial Times - 14h -
Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructureABC News - 14h -
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Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - 1d -
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Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - 3d -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 3d -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - 3d -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - 3d -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - 3d -
10-year Treasury yield ends not far from 7-month high as new trading year begins
Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.MarketWatch - 4d -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 4d -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 4d -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 4d -
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GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - 4d -
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China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - 4d -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - 4d -
Shipowners switch to smaller vessels as world trade reroutes from China
Attacks on Red Sea ships have also hit demand for bulkiest carriersFinancial Times - 4d -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - 4d -
‘I was very lucky’: activist and blogger Lu Yuyu on escaping China
Released from prison in 2020 after being jailed for ‘picking quarrels and provoking trouble’, he became increasingly desperate to leave – before seizing his opportunity. As he trekked up the lush ...The Guardian - 4d -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - 4d -
The Guardian view on Russia and China: an old friendship poses new threats | Editorial
Over the holidays, this column is looking ahead at the urgent issues of 2025. Today, the expansion of the partnership between Beijing and Moscow. It is almost three years since Xi Jinping and ...The Guardian - 5d -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - 5d -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - 5d -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - 5d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - 5d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - 5d -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - 5d -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - 5d -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - 6d
