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Weimin Chen

Weimin Chen

American Firms Increasingly Negative Toward Business in China

American Firms Increasingly Negative Toward Business in China

The Lede: U.S. companies are expressing increasing negativity about doing business in China as the political rivalry between the two countries has strained economic relations, according to a new report from the American Chamber of Commerce in China. What We Know: * The American Chamber of Commerce in the People&

Hong Kong Develops Crypto Institutions Despite China Ban

Hong Kong Develops Crypto Institutions Despite China Ban

The Lede: Hong Kong continues to make moves toward becoming a virtual asset hub as it prepares to implement regulations this year that will govern crypto transactions. What We Know: * Despite China’s ban on crypto activity, Hong Kong is planning to introduce new rules in June regarding the cryptocurrency

U.S. Lawmakers at a Crossroads On Chinese Solar Panels

U.S. Lawmakers at a Crossroads On Chinese Solar Panels

The Lede: U.S. lawmakers are debating the role of solar panels from China in the American climate agenda and the future of the domestic solar industry. The House is expected to vote on a new resolution on solar panel tariffs from China at the end of March. What We

Honduras Switching Ties From Taiwan to China

Honduras Switching Ties From Taiwan to China

The Lede: President of Honduras Xiomara Castro has announced that the country would pursue ties with China instead of maintaining its ties with Taiwan. What We Know: * Honduras has cited economic factors in its decision to pursue diplomatic relations with China and leave ties with Taiwan. Honduran Foreign Minister Eduardo

Chinese Companies Sending Military Use Equipment to Russia

Chinese Companies Sending Military Use Equipment to Russia

The Lede: Chinese companies have been found delivering equipment to Russia that could be used for military purposes according to trade and customs data provided by customs data aggregator ImportGenius. What We Know: * Deliveries from Chinese companies to Russia between June and December 2022 include 1,000 assault rifles, drone

This Year's U.S. Philippine Military Exercises Will Be the Biggest Ever Conducted

This Year's U.S. Philippine Military Exercises Will Be the Biggest Ever Conducted

The Lede: The annual war games held in the Philippines and conducted with the U.S. and associated allies are scheduled from April 11 to 28. This will be the largest such exercise ever conducted and come amid heightened tensions with China. What we Know: * A total of 17,680

Australia Plans Fleet of Nuclear Submarines to Counter China

Australia Plans Fleet of Nuclear Submarines to Counter China

The Lede: The U.S. plans to sell nuclear-powered submarines to Australia as a western-aligned country positioned against China in the Indo-Pacific under the AUKUS security pact. Australia will begin building its own fleet of nuclear-powered submarines following this initial acquisition. What we Know: * On March 14, 2023, the leaders