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China

Chinese video game designers experiment with AI

by Jennifer Pak
Sep 13, 2023
China's video gaming sector is the first to feel the impact of generative artificial intelligence.
An AI-generated animation character by a Chinese video gaming firm in Chengdu city.
Charles Zhang/Marketplace
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China's President Xi is set to miss the G20 summit

by David Brancaccio , Jennifer Pak , Alex Schroeder and Ariana Rosas
Sep 8, 2023
It would be the first time since 2008 that a Chinese president sits out the meeting of the world's major economies.
Noel Celis-Pool/Getty Images
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What China's domestic tourism recovery looks like at a seafood market

by Jennifer Pak
Aug 30, 2023
There's more foot traffic than in December, but that doesn't always translate into more spending at Xiamen's Bashi.
Seafood snack and fruit stall vendors in Xiamen say the crowds are back to pre-pandemic levels at Bashi, the Eight Seafood Market, but business is just OK.
Jennifer Pak/Marketplace
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Warmer U.S.-China trade relations could help U.S. exporters

by Justin Ho
Aug 29, 2023
The U.S. has been restricting certain American exports to China, citing national security concerns. But other U.S. exporters could benefit from improved trade relations.
Secretary Gina Raimondo meets with Lin Feng, Director General of China Ministry of Commerce and U.S. Ambassador to China Nick Burns upon her arrival in Beijing on Sunday.
Andy Wong-Pool/Getty Images
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For this customs broker, the Section 301 China tariffs are still top of mind

by Sean McHenry
Aug 23, 2023
The tariffs placed on over $360 billion of Chinese goods is still a chief concern for Gretchen Blough of Erie, Pennsylvania.
"People are looking for more supply chain solutions," says customs broker Gretchen Blough. Above, shipping containers at the Port of Los Angeles.
Mark Ralston/AFP via Getty Images
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China's local government debt burden weighs on investment

by Sabri Ben-Achour and Alex Schroeder
Aug 23, 2023
Fixing the problem could require a major structural change in how the world's second-largest economy operates.
The local government debt crisis China faces is directly linked to troubles in the property sector.
Johannes Eisele/AFP via Getty Images
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China and Japan have a little less appetite for U.S. Treasurys

by Sabri Ben-Achour
Aug 21, 2023
The two biggest foreign holders of U.S. debt have their own complicated reasons for buying fewer Treasurys.
In Japan, the weak yen is playing a role in the reduced appetite for U.S. Treasurys. Above, the Bank of Japan headquarters in Tokyo.
Tomohiro Ohsumi/Getty Images
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Chinese animation house puts AI capabilities to the test

by Jennifer Pak
Aug 21, 2023
Base Media and iQiyi see potential for a creative edge in a competitive market. But U.S. clients worry about copyright infringement.
A screenshot of an animation after AI tools were applied. The brick wall and background are generated by AI.
Courtesy Base Media/iQiyi Wonderworks
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In China, prices have been falling for too long

by Sabri Ben-Achour , Jennifer Pak and Alex Schroeder
Aug 16, 2023
Deflation has led to lost revenue for companies, layoffs, and decreased consumer spending.
Falling prices might be what the U.S. is aiming for, but in China, too much of a good thing is leading to layoffs and decreased spending.
Greg Baker/AFP via Getty Images
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China's economy is slowing. Is the political economy to blame?

by Kai Ryssdal and Sean McHenry
Aug 9, 2023
Adam Posen of the Peterson Institute says that implementation of the zero-COVID policies made people feel "very insecure."
According to Adam Posen, it's been difficult for China's leaders to re-establish trust after the implementation of zero-COVID. "We've already seen leaders from the Communist Party around President Xi Jingping say, 'Oh, no, we want a vibrant private sector in China, said Posen. "But it's hard to be credible once you get to that point."
Ken Ishii-Pool/Getty Images
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