Latest in Muzzles Chinese Economist
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Goldman’s top economist doubts Trump can make good on campaign promises
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts Donald Trump’s incoming administration will be able to make good on its ...MarketWatch - 1h -
Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.The Wall Street Journal - 1d -
Taiwan Suspects a Chinese-Linked Ship of Damaging an Internet Cable
The Taiwanese Coast Guard said seven Chinese nationals were aboard a ship suspected of causing the damage.The New York Times - 1d -
WATCH: Chinese city unveils magical ice and snow festival
China's city of Harbin unveiled its annual Ice and Snow Festival this week, which features sculptures, castles and even huge ice slides.ABC News - 2d -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 2d -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - 1d -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - 2d -
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...The Hill - 2d -
At least 126 dead in 6.8 magnitude earthquake in Tibet, Chinese media reports
Chinese media also reported that as of 10 a.m. local time, multiple aftershocks were recorded, the largest of which was 4.4.ABC News - 2d -
US Blacklists Tencent Over Alleged Ties With Chinese Military
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends --as well as stakes in other companies, including Epic ...GameSpot - 2d -
How Automakers and Car Dealers Can Survive the Chinese EV Onslaught
We’ve seen this movie before. And it’s a lesson for all entrepreneurs about how to position your product for a changing market.Inc. - 2d -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 2d -
Taiwan investigating Chinese vessel over damage to undersea cable
Shunxing 39 was briefly detained by coastguard on Friday on suspicion of dragging anchor over cable running to US. Taiwanese authorities are investigating a Chinese-owned vessel that is suspected ...The Guardian - 2d -
Chinese Vessel Cuts Taiwan Internet Cable in Apparent Sabotage
The incident caused only minimal disruption of service but sent a message about the vulnerability of the island and its internet.The Wall Street Journal - 3d -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - 3d -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - 3d -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - 4d -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - 4d -
Road-tripping Chinese grandma inspires millions after fleeing abusive marriage
Su Min, 60, became a feminist icon after she left her abusive husband and started travelling through China.BBC News - 4d -
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - 5d -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - 6d -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - 6d -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - 6d -
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UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 6d -
What economists say about the UK’s outlook for 2025
Below are full responses to the FT’s annual survey about the British economyFinancial Times - Jan. 2 -
Elon Musk, Vivek Ramaswamy call remote work a 'Covid-era privilege.' Economists say it's here to stay
Economists say the work-from-home trend, which was widespread during the pandemic, won't diminish to its pre-Covid level because it's profitable for employers.CNBC - Jan. 2 -
U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.The New York Times - Jan. 2 -
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 - Jan. 2 -
Suspected Chinese underwater spy drone found by fishermen
Officials said the drone was not armed, but the police report listed "potential national security implications" as one significance of its recovery.CBS News - Jan. 2 -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - Jan. 2 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
Get your house in order, Europe — or face 'ongoing decline,' economists warn
Economists say the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe as a whole.CNBC - Jan. 2 -
Trump’s ‘Maganomics’ will hurt growth, economists tell FT polls
On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policiesFinancial Times - Jan. 2 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - Jan. 1 -
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 - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1