The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation’s finance industry.
A Taipei court on Wednesday ruled in favor of allowing same-sex marriage, paving the way for Taiwan to become the first nation in Asia to legalize same-sex unions and cementing its status as a beacon for LGBT rights.
China has granted President Trump preliminary approval for another trademark in apparel, expanding business interests that have already generated criticism over potential conflicts.
China’s government officials now have a custom version of Windows. Microsoft said Tuesday that its new Windows 10 China Government Edition is ready for Chinese government agencies to use.
A Chinese student who praised the “fresh air of free speech” in the U.S. during her commencement address at the University of Maryland is facing an online backlash from classmates and from people in China who say she insulted her own country.
It is true that a ludicrously hyped squib of a deal is much better than a trade war. So perhaps we should be pleased that the president and his commerce secretary are so easily manipulated. Perhaps our officials know how bad a deal they got and are just hyping for political reasons.
Instead of political instability, recent political science research suggests that Xi’s reforms are on track to repair an undisciplined CCP and strengthen China’s fragmented government.
President Trump will travel to Europe in May for his first time since taking office to meet with European Union (E.U.) leaders, attend a NATO meeting, and visit the organization’s headquarters in Brussels. Although he has walked back some of his more extreme criticisms of the European project and transatlantic organization from his campaign, Trump’s unpredictability remains a concern for many American allies.
Under the catchphrase “Social Credit System,” China is currently implementing a new and highly innovative approach to monitoring, rating, and regulating the behavior of market participants. The Social Credit System will have significant impact on the behavior of individuals, companies, and other institutions, such as NGOs. Despite much international attention on the impact of the system for individuals, the core motivation behind the Social Credit System is to more effectively steer the behavior of market participants.
