[ad_1] Updated Jan. 1, 2024 12:08 am ET Listen to article (2 minutes) Chinese rulers have long used campaigns against corruption to sideline rivals and consolidate power. Xi Jinping is…
Tag: Xi Jinping
China Appoints New Defense Minister to Fill an Unexpected Vacancy
[ad_1] Updated Dec. 29, 2023 11:32 am ET SINGAPORE—China named a top navy admiral as its new defense minister, two months after Beijing abruptly removed the previous appointee without explanation.…
Tencent loses over $43 billion in market value after China proposes new online gaming rules
[ad_1] Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The…
Foreign companies are shifting investment out of China as confidence wanes, business group says
[ad_1] BEIJING (AP) — Foreign companies are shifting investments and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges, a…
The week in business news: Amazon clothes hook cams, Starlink in Brazil
[ad_1] Amazon is still selling the clothes hook spy cameras it’s being sued over Should Amazon be allowed to sell spy cams?Photo: Michaela Rehle (Reuters) How one woman turned $10,000…
Janet Yellen says the Trump administration’s China policies left the US more vulnerable
[ad_1] WASHINGTON (AP) — Treasury Secretary Janet Yellen says former President Donald Trump ‘s policies toward China left America “more vulnerable and more isolated” in the global economy, a rare…
CrowdStrike CEO George Kurtz on China, Microsoft and the SEC
[ad_1] CrowdStrike Chief Executive George Kurtz is photographed in the company’s offices. Katie Falkenberg | Los Angeles Times | Getty Images CrowdStrike CEO George Kurtz has had a banner year.…
Biden and Xi’s meeting sent an important signal for U.S. business in China
[ad_1] Biden and Xi met for the first time in about a year in San Francisco on the sidelines of the Asia-Pacific Economic Cooperation conference. “I think for U.S. businesses…
War is coming. The time for doing business with China is finished
[ad_1] The business elites that wined and dined the Chinese leader, were, no doubt, oblivious to the Chinese J-10 and J-16 aircraft and helicopters operating off of central Taiwan and…