China

China’s new EV subsidies might not be enough to bolster slowing growth

BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed…

‘We do not want only a cease-fire’: EU chief calls for lasting peace in Ukraine

LONDON — A cease-fire in Ukraine is not enough for European officials, who want lasting peace in the region, European…

Biden labels Chinese President Xi a dictator

U.S. President Joe Biden on Tuesday called Chinese leader Xi Jinping a dictator, drawing a harsh response from China and…

Blinken says he failed to revive military-to-military talks with China

BEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier…

‘Hell of a job’: Biden’s reaction and 5 other takeaways from Blinken’s trip to China

U.S. President Joe Biden said Secretary of State Antony Blinken “did a hell of a job” in Beijing. His comments…

Rate cuts, hikes and pauses: The world’s central banks just made very different decisions

From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones…

China’s VCs look to the Middle East for a U.S. dollar lifeline

BEIJING — Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.…

Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows

China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to…

China can’t rely on Southeast Asian exports to offset a U.S. slowdown

BEIJING — China can’t easily rely on its neighbors as export markets in a global slowdown, the latest trade data…

China’s big banks cut deposit rates, signaling monetary easing ahead

BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an…