U.S.-China relations

Flights haven't restarted in high volume since the pandemic drop-off, and South Koreans are booking their vacations elsewhere.

The U.S. and China loom large over Taiwan's presidential and legislative elections on Jan. 13, but so do domestic bread-and-butter issues.

The U.S. ally's increasingly tense relationship with Beijing has dominated the election campaign. But many ordinary people in Taiwan are struggling to earn enough money.

"Especially with COVID ... we've grown apart and misunderstandings have developed," Yellen says. "It's necessary to meet to discuss our differences openly."

Treasury Secretary Janet Yellen intends to steady U.S.-China relations while looking out for American companies.

The difficult relationship between the U.S. and China has many economic contours to it. One of the complaints on the U.S. side for years has been about theft of intellectual property. That tension is now extending into the world of investment, particularly startups.

The share of goods the U.S. imports from China has declined to its lowest level since 2006, as manufacturers and retailers seek to diversify their supply chains.

The U.S. and China are competing for control over these vital pieces of infrastructure.

"The Way of Water" debuted in China and the U.S. on Friday amid tense relations between the countries. A simultaneous theatrical release is a big deal.

Tariffs and restrictions still hamper U.S.-China trade.