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China

COVID & Unemployment

Chinese businesses take stock a year after their pandemic pivot

by Jennifer Pak
Jan 14, 2021
A tea shop supplier and a brush manufacturer switched to making masks after the lockdown. But the gamble didn't pay off.
Manufacturer Qian Wensheng is stuck with rolls of substandard melt-blown fabric that he cannot use in face masks.
Courtesy of Qian Wensheng
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With Biden incoming, Merkel outgoing, where do Western relations with China stand?

by David Brancaccio , Meredith Garretson and Erika Soderstrom
Jan 14, 2021
German Chancellor Angela Merkel concluded an EU business deal with China just before the new year that could disadvantage the U.S.
Clemens Bilan - Pool/Getty Images
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Global food prices hit 3-year high

by Justin Ho
Jan 7, 2021
Supermarkets don’t have much leeway to absorb higher food costs, so they're quickly passed on to consumers.
Mostly empty supermarket shelves at the beginning of the coronavirus pandemic. Food prices have climbed as the U.S. economy struggles to recover from the recession.
Amy Sussman/Getty Images
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"Amateur" mistakes sink thieves of U.S. technology working for China

by Scott Tong
Dec 22, 2020
A case study of what not to do in the high-stakes world of economic espionage.
Justin Sullivan/Getty Images
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Inheriting China policy, Biden will have issues

by Sabri Ben-Achour
Dec 14, 2020
Even after conflicts around tariffs and other policies, the fundamental economic tensions between the U.S. and China are alive and well.
In a 2013 photo, then-Vice President Joe Biden meets with Chinese President Xi Jinping in Beijing. Economic frictions between the countries have persisted.
Lintao Zhang/AFP via Getty Images
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COVID-19

Can U.S. businesses count on Chinese consumers?

by Jennifer Pak
Dec 1, 2020
Many American firms are looking to Chinese consumers to keep them afloat, but many of those consumers are trying to keep themselves afloat.
A U.S. startup company hopes Chinese consumers will buy its plant-based egg product. For some, though, cost is a factor.
Courtesy of Eat Just
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Elections 2020

A Biden presidency won't change what many Chinese exporters are doing

by Jennifer Pak
Nov 18, 2020
Chinese exporters have found ways to deal with the extra U.S. tariffs and those plans are not set to change under President-elect Joe Biden.
Changjian Shoe factory has moved much of its shoe production for the U.S. market from China to other countries in Southeast Asia in order to avoid U.S. tariffs on Chinese goods.
Charles Zhang/Marketplace
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China's giant new trade agreement excludes U.S.

by Sabri Ben-Achour
Nov 17, 2020
The Regional Comprehensive Economic Partnership brings 15 countries together. Should the U.S. be a part of it?
Vietnam's Prime Minister Nguyen Xuan Phuc, right, speaks at the virtual 4th Regional Comprehensive Economic Partnership Summit on Nov. 15, 2020.
Nhac Nguyen/AFP via Getty Images
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China, Asia-Pacific countries sign deal to form world's biggest trading bloc

by Sabri Ben-Achour , Nova Safo and Alex Schroeder
Nov 16, 2020
The China-backed Regional Comprehensive Economic Partnership forms the world’s largest trading bloc.
Vietnam's Prime Minister Nguyen Xuan Phuc (left) and Minister of Industry and Trade Tran Tuan Anh attend the signing ceremony for the Regional Comprehensive Economic Partnership (RCEP) trade pact at the ASEAN summit held online in Hanoi on Nov. 15, 2020.
Nhac Nguyen/AFP via Getty Images
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U.S. was top seller to China during Singles Day

by Jennifer Pak
Nov 12, 2020
But overall retail sales in China for the year are still down significantly due to the pandemic.
Workers sort packages for delivery at a warehouse of China Post Group in Hengyang, in central China's Hunan province on Nov. 12, 2020, a day after the end of the Singles Day shopping festival.
STR/AFP via Getty Images
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