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The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024

Xi Jinping’s solution for China’s economy risks triggering new trade war

Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
A floating barrier at the entrance of Scarborough Shoal in the South China Sea on Feb. 22
ASIA PACIFIC / Politics
Feb 27, 2024

Satellite images reveal floating barrier at mouth of disputed atoll in South China Sea

China claims the Scarborough Shoal, although it is inside the Philippines' 200-nautical mile exclusive economic zone.
The Tokyo Garden Terrace Kioicho hotel and office complex in Tokyo's Chiyoda Ward
BUSINESS / Companies
Mar 22, 2024

Seibu may sell 36-story Tokyo office building for ¥300 billion, sources say

Japan's highest value property transaction is currently the ¥436 billion sale by the government in 2022 of its stake in another Tokyo office building.
Fans wave Chinese national flags during an international friendly match between China and Syria, in Chengdu, China, in 2023.
SOCCER
Mar 26, 2024

Former China soccer chief given life sentence for 'huge' bribery

Chen Xuyuan took advantage of his positions to accept sums totaling 81.03 million yuan, reports said.
A view of the Dali cargo vessel that crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, on Tuesday.
WORLD
Mar 26, 2024

Baltimore bridge collision sends vehicles tumbling into water

Rescuers pulled out two survivors, one in a "very serious condition," and were searching for more after the Francis Scott Key Bridge fell into the water.
At the State Department, an eight-person group informally known as "the firm” is taking steps to help embattled nations when China responds to political disputes with what the U.S. and its allies call "economic coercion."
ASIA PACIFIC / Politics
Apr 29, 2024

U.S. ‘firm’ steps in when China is seen as a bully, not a partner

At the U.S. State Department, an eight-person group is taking steps to help nations when China responds to political disputes with "economic coercion."
U.S. President Joe Biden speaks at the United Steelworkers Union headquarters in Pittsburgh, Pennsylvania, on April 17. Biden made clear that he does not want the proposed takeover of U.S. Steel by Japan’s Nippon Steel to happen.
BUSINESS / Companies
May 4, 2024

Political furor over Nippon Steel's U.S. Steel bid puts investment panel in spotlight

Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
Professor Hong Jin-kee poses with a bowl containing pink "meaty rice" at the Yonsei University in Seoul, where a team of South Korean scientists are injecting cultured beef cells into individual grains of rice in a process they hope could revolutionize how the world eats.
ASIA PACIFIC / Science & Health
Jun 17, 2024

'Meaty rice'? South Korean professor aims to change global protein

No animals were harmed in the creation of the dish, which looks like regular rice aside from its color.
Russian President Vladimir Putin and Vietnam President To Lam during a reception in Hanoi on Thursday
ASIA PACIFIC
Jun 23, 2024

Putin came to Asia to disrupt, and he succeeded

After stops in Pyongyang, North Korea, and Hanoi, Vietnam, last week that were draped in communist red, Putin left behind a redrawn map of risk in Asia.
Although air travel in Asia has picked up since the end of the COVID-19 pandemic, it is still below 2019 levels, with many passengers preferring to travel shorter distances.
COMMENTARY / World
Jul 5, 2024

Asian airlines face a cold summer

Despite seemingly positive results, air travel in Asia hasn't returned to pre-pandemic levels, with many of the continent's travelers preferring to stay closer to home.
Many market followers believe the pillars that had underpinned gains for years — a series of key assumptions that investors across the world were banking on — have been shaken.
BUSINESS
Aug 6, 2024

$6.4 trillion stock wipeout has traders fearing ‘great unwind’ is just starting

Many market followers believe the pillars that had underpinned gains for years have been shaken.
Just 1 in 10 researchers and 1 in 5 students at the prestigious University of Tokyo are women.
JAPAN / Society / FOCUS
Oct 10, 2024

Women at Japan's top university call out gender imbalance with posters

Gender bias begins early in Japanese education.
People walk along a street during morning rush hour near the Financial Street in Beijing on Oct. 8.
BUSINESS
Oct 16, 2024

Chinese finance professionals switch careers amid industry crackdown

The tightening scrutiny of trading, financing and dealmaking in China has brought pay and job cuts.

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